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Topic: which is a good option?? Trade or Hodl - page 14. (Read 2353 times)

hero member
Activity: 3052
Merit: 651
August 15, 2020, 12:26:14 PM
#53
If you have the luxury of spending time doing analysis, chart checking and monitoring then go for trading.
But if you don't then just leave it be.  Grin

I am a holder of different coin.
Not much of stress for that. If you have a good job then stay with it.
If you do trade, it will eat some of your time in which you should be resting already.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
August 15, 2020, 04:29:51 AM
#52
I prefer to hold unique and interesting altcoins for a long time, but I don't keep much of it, to be honest I don't really like Futures trading, it must really have the ability to really focus on using analysis, the slightest error will be detrimental, especially beginners, of course it is not recommended for them to use this kind of trading, they need to learn a lot to understand where the market is going
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
August 15, 2020, 03:02:38 AM
#51
depending on how you take advantage of the moment, if the coins you are holding have progress in the near future so that the price is likely to go up then you can save them and sell them when the time is right.
conversely if you see opportunities in other coins you have to take risks and sell the tokens you have bought.
saving a coin without knowing the progress is tantamount to putting your money in danger because its value can drop over time.
that is why you must be observant in seeing opportunities.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
August 14, 2020, 11:42:30 AM
#50
I think it depends on the coin actually whether to hold it or trade it. Obviously all cryptocurrencies are speculative but there are certain coins which I believe return good profits if traded. Coins like XRP , Cardano , EOS and BNB can be traded to make a bigger profit while I think coins like bitcoin and ether are meant to be hold to make a huge profit. The price swings in such coins are higher which makes the return more profitable.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
August 14, 2020, 11:37:40 AM
#49
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.

For a newbie my preference is hodling a good coin this can be done with some little research and without much hassle particularly when investing in bitcoin and other profitable cryptocurrencies although it also has it own risk especially when bought at the peak however trading spot/future requires wide range of knowledge which might not be easily acquired within a short period of time else a trader portfolio or account can be rekt easily that is why it is always advisable for any newbie to demo trade in spot/future i.e practice and make profits  consistently before funding their account.
jr. member
Activity: 307
Merit: 1
August 14, 2020, 11:10:51 AM
#48
Both of them are good especially if you can execute them properly but with regards to trading you need a skills, knowledge, patience and experience before you can earn a decent from it. If you
think you didn't have it yet then it will be good if you will just stay first in holding a currencies that you think has the potential to grow in the future.

Then you can start studying how the trading works and how you can execute a better strategy in order to profit from it and once you are ready then you can transfer to trading as it can give you a
better profit compare to holding once you can do it properly.
hero member
Activity: 2660
Merit: 651
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August 14, 2020, 10:29:25 AM
#47
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.
Trading and holding of good crypto are both profitable options but the investor personal experience play an important role in making good profit cause before a crypto holder can make profitable invest he need to have knowledge of good coin selection, portfolio management and cut lost while trading require knowing how to used FA/TA. Nevertheless, there are some exchange sites that provides free trading bot lately but good setting knowledge is still needed.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 14, 2020, 07:28:02 AM
#46
Sometimes after a few months of trading, I think that if I didn't constantly trade, I would earn more just by holding the coin. But I can't just hold the coin and wait for a profit because of my character. I need to be sure to trade, because this, in addition to profit, brings me satisfaction.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 14, 2020, 05:26:45 AM
#45
If you are going for options and futures there is that debate of whether it is more of a gamble than spot trading. I consider it to be a gamble and thus the risk is higher than spot trading. If that is fine with the trader then they are good to go. It all boils down to a personal choice of whether they like to wait out the market to get the proper price to buy or sell and make a profit from that or "bet" on the futures market.

While the market is stagnant some people tend to move between these two methods of making money.

People love taking the risk. Whether it be in the speculative markets or just plain gambling. Specially when the spot markets are not worthy of putting money in or beyond your reach to buy the asset itself.
hero member
Activity: 1624
Merit: 500
August 14, 2020, 12:55:46 AM
#44
I believe that at this time recovery is taking place. So, I decided to hold some assets on popular coins instead of trading for now. both are good things, as well as potential. it's just that, I choose to hold back so I can focus on doing other things. Well, we know that trading requires a lot of information in the short term before any price movement occurs
newbie
Activity: 223
Merit: 0
August 13, 2020, 11:37:09 PM
#43
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.
I prefer holding than trading there are a lot of complications on trading you must be hands on and always look on the market and check the coins that worth trading, on holding coins you just need to check the coins worth investing of course you have to follow them too to check if they keeping up on their roadmap.
Good suggestion and explanation Smiley
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
August 13, 2020, 08:09:15 PM
#42
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.
...but, one question before, you have experience managing a list of shopping products... for at least your home. ... it's a joke!, But it will help you, I assure you, there are people who have never traded in anything and want to soak up the cryptoworld, that's the beauty of cryptocurrencies.

Try take a risk, document yourself, it is good to know how you make money, but it is good to know why you lose it, it is not just today I invested 10, earn 10.
Although many traders I know started like this, but they had a plan and that plan included theory and practice.

Re: which is a good option??  
  • Trade: ✔
  • Hodl : ✔
...or both inclusive
sr. member
Activity: 924
Merit: 275
August 13, 2020, 07:50:39 PM
#41
Both trading and just holding (hodling) are good ways to get involved more with crypto but it largely depends on which you prefer. With trading, you can get quickly get gains on your position in a short amount of time. While holding on the other hand gives room to accumulate even more profits in the long run. So, you first have to assess yourself and ask yourself a couple of questions like:

1. Would you be able to actively trade the market (no distractions / other commitments).
2. You have other commitments but would still like to get a piece of the cake.

Everyone's perspective is different, you just have to figure out which one works best for you and it should fit your trading plan too – availability etc.



PS: If you do decide to be a holder (hodler), You might as well stake them and earn a couple of percentage on monthly basis since most cryptocurrencies these days offer staking rewards.
The best option depends on the talent and skills that you have, imagine if you will do trading but you do not have enough skills on it then for sure you will incur huge losses. In trading the risk is huge but the rewards is also huge because you will actively engaging in the market. Both of holding and trading requires mastery, do not believe to other people that trading and holding is just easy because it is a lie. If it is easy, everybody should making gains but in reality it is not happen. Identifying your strength and weaknesses can help you to choose between the two.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
August 13, 2020, 07:01:36 PM
#40
Both trading and just holding (hodling) are good ways to get involved more with crypto but it largely depends on which you prefer. With trading, you can get quickly get gains on your position in a short amount of time. While holding on the other hand gives room to accumulate even more profits in the long run. So, you first have to assess yourself and ask yourself a couple of questions like:

1. Would you be able to actively trade the market (no distractions / other commitments).
2. You have other commitments but would still like to get a piece of the cake.

Everyone's perspective is different, you just have to figure out which one works best for you and it should fit your trading plan too – availability etc.



PS: If you do decide to be a holder (hodler), You might as well stake them and earn a couple of percentage on monthly basis since most cryptocurrencies these days offer staking rewards.
member
Activity: 512
Merit: 10
BountyMarketCap
August 13, 2020, 06:47:39 PM
#39
Both trading and hold are favorable if you perceive how to operate. I prefer trading than hold. Because by trading, agility is developed and remuneration is also formulated. But holding according to the predicament is also a wise thing to do.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
August 13, 2020, 04:38:36 PM
#38
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.

If that project or coin able to meet your criteria (based on your own preferences), that it's worth taking a shot, then you can consider hodling your coins and just fill it up as much as you can. But if you know how to trade and that coin is already listed on an exchange, then play with it on the market. Hodling option should just be considered if you really have a positive view about the future of your coin.

But be cautious, even with great and wonderful developments of a certain project in the future, you can't be sure that the project will be a success. It really depends on how I look at a certain if it's worth to hodl or not. To truly give you a better response, may we know these good projects you are referring to?

Only BTC is by far, worth to hodl for long for me so continuous accumulation here is a must.
All would really be going after with BTC in long term aspects but there are several altcoins that are worth to include on, not to point out those top alts but it is a good diversifying act for us to take.

I agree that choosing between the two will always depend on where you do prefer and on which one do make out profits for you.They should stick on where they do make money and consider later on

on allocating some for future aspects.If you can trade actively then its an advantage thing compared if you do just simply hold up and wait for the price to increase.
legendary
Activity: 3122
Merit: 1398
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August 13, 2020, 04:27:18 PM
#37
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.

If that project or coin able to meet your criteria (based on your own preferences), that it's worth taking a shot, then you can consider hodling your coins and just fill it up as much as you can. But if you know how to trade and that coin is already listed on an exchange, then play with it on the market. Hodling option should just be considered if you really have a positive view about the future of your coin.

But be cautious, even with great and wonderful developments of a certain project in the future, you can't be sure that the project will be a success. It really depends on how I look at a certain if it's worth to hodl or not. To truly give you a better response, may we know these good projects you are referring to?

Only BTC is by far, worth to hodl for long for me so continuous accumulation here is a must.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
August 13, 2020, 04:15:58 PM
#36
Depends on you. If you want to make some quick profit and take bigger risks, then go ahead and trade. You need to understand how the market works though. You will need experience on trading. Expect to make losses on your first few trades. Slowly you will start making profit (nothing is guaranteed. You will be taking huge risks when trading. So you will be making losses too). But, if you don't understand anything about the market, then just invest on some well known good coins and hold it for long term.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
August 13, 2020, 04:06:42 PM
#35
Is it better to keep good project coins for holding?
                                or
Trade in spot/ futures market in less leverage.

What coin are you referencing if I may ask because it seems bitcoin isn't the coin in picture here but if I may be wrong then just like most replies have highlighted, holding has been the best option when it comes to the long term. The profit aren't always coming regularly when you're a trader but with holding there are 99% chances of been profitable as far you can exercise patience to hold you investment until you're in a position you'll be comfortable selling.

90% of traders lose their capital in the market so it won't be advisable to adventure into it if you have very little or no experience. Trading will take alot of time off your hands but with holding, it comes with relaxations when you have research properly in what you're investing into.
full member
Activity: 1190
Merit: 117
August 13, 2020, 03:42:09 PM
#34
If you are a newbie and have no trading experience and skills, you should keep coins for holding. If you are experienced and
having good technical analysis and fundamental analysis skills, I suggest trading with leverage can be profitable. Although the
risks that must be faced are much greater.
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