which is a good option?? Trade or Hodl - page 15.

pankowri

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Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

Mostly it depends on how much you want to get from one coins which you will go to invest. If the situation of that coin is good then you can sell it to get some profit, if you are a beginner.
If you already experienced and the coins has good future and growth is also good, then you can hold for a long time.

So it can be said that it depends on which time period you prefer to use as a trader

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: mksundip on August 13, 2020, 07:15:00 AM

Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

every choice always has its own risk. You can hold with the consequence that you don't get a fast turnover because you are doing a safe strategy. if you trade, you can get a fast turnover of profit even very high, but you must be prepared for the risk if trading is dangerous if for beginners who do not have the skills

Absolutely right! Whatever option you take there's corresponding effects to your investment, if you choose to continue holding your assets
you are choosing to target the highest peak that it can push.

While when you choose to trade and you also have good knowledge working with this business, you can still generates profits, but unlike with holding it the chance of losing the opportunities to maximize your earnings is high.

The pumped may happened right after you sold your assets and will go to the moon, that's how crypto works better to do deeper
assessments with every decision that you'll going to take.

mersal

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Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

Holding as well as trading is profitable so choose one of your kind to make profits, but in my opinion holding is still better because the risk involved in it is very less compared to trading so I will pick holding over it but I am also trading when the right time comes.

About futures or option or other kind of trading I won't take risk on it because its like betting which we don't have control over it.

Renampun

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trade or Hodl! both are good...
everyone has the potential to become a trader but not everyone has a strong mentality that is ready to lose. everyone has fixed potential Hodler but not everyone wants to keep Hodl their assets when they profit more than 50%. my advice, choose which one is comfortable according to you.

Quote from: ?? on ??

...

I'm a newbie, and I've tried both of these options. I can say that trading is not suitable for everyone. Embarrassed

Of course.

beerlover

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Holding is definitely better, in the long run if you are holding you are going to profit, obviously I am talking about bitcoin here and not some small coin, that could go down and never come back, but bitcoin will always go high in the end, even if it goes low in between, for example I believe it will be over $20k once again eventually as well.

So, I would say hold, hold like your life is depending on it because in some cases it actually might, I had some bitcoin way before 2017 and during those peak times I had some hard times and my family went through something not so nice and I had to pay for it, now I could have taken out a debt and pay them that way and pay the debt back slowly, but you know what I did?

Sold at the peak (lucky for me, people thought it was going even higher) and never had to have a debt. So hold until you absolutely need to, it worths it.

Mpamaegbu

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Once a man, twice a child!

Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?

Yes, that's right. If a project is good, it's best to keep the coins and hodl for the future. Don't be hasty to sell off. Again, try not to venture into trading if you don't have the requisite skill. Otherwise you will definitely get burnt. Trading isn't child's play. Though it seems easy on the surface, trading goes with mastery set skills if one were to survive and make a living out of it.

mksundip

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Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

every choice always has its own risk. You can hold with the consequence that you don't get a fast turnover because you are doing a safe strategy. if you trade, you can get a fast turnover of profit even very high, but you must be prepared for the risk if trading is dangerous if for beginners who do not have the skills

Kelvinid

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win lambo...

Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

If you have ample time to trade and have enough knowledge in trading, then it could be a good option but keep remember the high-risk on it. Holding could be the best option if you are afraid of risk and limited time because of having a stable job, or if we don't have skills in trading.

You could actually ask yourself what you want in your life. In fact, not all wanting to be a trader has succeeded but most of them had failed, the same thing it happens to hold. If you think yourself aware of this and prepared for the possible consequences, it will never be hard to decide. Because I also decide on my own as what I see into myself and the capabilities that I have.

DevilSlayer

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Quote from: Wexnident on August 13, 2020, 12:19:55 AM

If you trust in the future of the project coins you're currently holding, then hodl to aim for max profit, plus it's less hassle since you wouldn't need to analyze markets daily. Though it's pretty risky since once someone starts dumping, everyone would probably follow. Normally, both ideas have their advantages, but if you want guaranteed profit, then trading would be better. Hodl is only guaranteed when your coin is actually good, though the only one I would recommend for that would be BTC. Trade, on the other hand, you could see the price changes daily, which in turn, can help you take advantage of the movement.

Still, trading requires a fair amount of skill, so trade on your own risk. Or just sell your coin immediately when you see a profit to make sure you at least have some profit.

You misunderstood what he just said, he is talking about market futures which means it is base on contracts where there is leverages that is offering and not the time period. Trading futures is a risky for me, anyway we have different risk appetite after all so I know that there will be some of you who think future is not risky as it is. I see it as risky especially when I do leveraging, the maximum leverage when I trade is only 20x and for me it is now big.

In terms of what is good between the trading or hodl, I prefer to trade than hodl because of the opportunities in the market. I also do holding like right now because the current market is now looking healthy.

ethereumhunter

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Quote from: NavI_027 on August 12, 2020, 10:36:42 PM

If you got the right amount of coin, I mean you got many though not plenty, then do spot trading. Much better to make the most of it instead of waiting for the price to rise because you might wake up missing everything Cheesy

. Because for me the tokens nowadays are not the same as the old coins, they can't sustain a stable price for a very long time. Once the large majority of holders dump, you can expect that the coin is already near its down fall. So for me, take a risk and play on the exchange.

As long as he knows about trading, he can make a profit. But if he doesn't have that, then I don't think trading will be a good option. But I agree that we need to trade, especially if we believe that we can make a trade like others. If he finally decides to trade, I hope that he can choose the right coins because nowadays, many coins seem to offer a good profit in trading, but the reality that coin needs to wait for some time to increase the volume at the exchanges. Be careful with the risk, and make sure you are not going to use big money if you are not sure you can do.

TitanGEL

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Quote from: GreatArkansas on August 13, 2020, 02:00:34 AM

Both are risky.
First, how you will know if the coin you holding is good? like their about their project, how you can define "good"? A lot of altcoins nowadays that are only good in the first few weeks/months, but after that, slowly dumping off, so be careful.
On trading part, you will need a skill here, you need time to learn to trade, learn technical skills, this is also risky. You can minimize the risk if you have good risk management and have good emotion.

Yeah it is true, one of the hardest task for a trader is to choose what coin is good or bad. So how are you going to do that? I will give you an example on how I pick a certain coin that I will use in trading. I first determine if I will do holding or I will just trade in a short period of time after I determine that, I will focus now in the exchange that I will use because there are times where the coin that I will trade is only available in some exchanges and for me it is the matter. And then I will check if thr volume is good for me to really determine if it is a shitcoin or it is one of the potential one that can give me rewards.

LUCKMCFLY

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Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

If you have Bitcoin, the best for now is Hodl! Because it has good growth throughout history, some risk a small percentage to market or trading speculation, which is quite risky, if you have experience in trading you can take the option, otherwise if you are learning you will not I recommend taking a chance, just play it safe Hodl.

Strongkored

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I think people who do HOLD/HODL are those who are stuck on a coin whose price drops while the trader has bought at a high price. I am not a regular trader at the moment because I have other activities to do but if I had to choose I would prefer to hold potential coins but prefer to BTC, ETH and a few other altcoins which I see will rise in the next few months.

GreatArkansas

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Both are risky.
First, how you will know if the coin you holding is good? like their about their project, how you can define "good"? A lot of altcoins nowadays that are only good in the first few weeks/months, but after that, slowly dumping off, so be careful.
On trading part, you will need a skill here, you need time to learn to trade, learn technical skills, this is also risky. You can minimize the risk if you have good risk management and have good emotion.

Wexnident

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If you trust in the future of the project coins you're currently holding, then hodl to aim for max profit, plus it's less hassle since you wouldn't need to analyze markets daily. Though it's pretty risky since once someone starts dumping, everyone would probably follow. Normally, both ideas have their advantages, but if you want guaranteed profit, then trading would be better. Hodl is only guaranteed when your coin is actually good, though the only one I would recommend for that would be BTC. Trade, on the other hand, you could see the price changes daily, which in turn, can help you take advantage of the movement.

Still, trading requires a fair amount of skill, so trade on your own risk. Or just sell your coin immediately when you see a profit to make sure you at least have some profit.

NavI_027

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If you got the right amount of coin, I mean you got many though not plenty, then do spot trading. Much better to make the most of it instead of waiting for the price to rise because you might wake up missing everything Cheesy

. Because for me the tokens nowadays are not the same as the old coins, they can't sustain a stable price for a very long time. Once the large majority of holders dump, you can expect that the coin is already near its down fall. So for me, take a risk and play on the exchange.

maxreish

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For a newbie, holding such good coins is better than taking part in future/spot trading. But how can you determined whether the project is good and worth to spent money for holding? Most of the new investors are holding wrong coins, mistakenly thought that the coin is worth holding because of it's fame, it's top list but there are also other coins better for holding just by looking their platform and progress. Check this out, it's a guide to choose a good coin to invest.

Future trading, if lack of knowledge would not be recommended unless you are confident enough that yu acquired enough tools and wisdom to enter that field.

Savemore

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Ask yourself first what is your forte or what is your edge in the market? Remember that you can only be profitable while being consistent if you will use the strategy that is suitable for you. Actively buying and selling in futures is more complicated so be careful because it requires more skills than holding. When it comes to holding just make sure that you will hold a certain cryptocurrency that is trending where its current trend is in uptrend because for sure that the price will increase.

Don't become blind just because a certain exchange is offering huge leverage, remember that the higher the leverage; the higher the risks so we should have plan especially in risk management if you want to do leveraging. Just use the strategy where you have more knowledge in order for you to be comfortable and able to make sweet gains in the market.

milewilda

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Quote from: Bvvvp009 on August 12, 2020, 07:34:08 AM

Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.

Depends on which one do make profit for you because you cant tell if you wont try it in the first place.There are people whom do good neither they do trade up on high or less leverage or in spot or futures market.
You can test it out on which field you are good because it wont fit out the majority and expect that you cant get it on very few tries and will really take much time.This is why we do saw lots of people who do failed up
because of this very unpredictable behavior of this market but there are still people whom do able to ride with the flow and still profitable but in most cases people do just tend to hold instead on risking out on making active
trades or investing to other projects.There are lots of ways but be sure that you do know on what you are doing. Always DYOR and dont easily fall into someones suggestions or shill.

bitgolden

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Both of them looks incredibly dangerous if you do not know what you are doing. They require different set of skillset and I would say that the best way to make sure you are in the right one would be to test them both, see how you do, however make sure you don't just stop after a short period and decide one right away, you could have been lucky or unlucky for a short period of time and change after a while.

So, I would say 6 months of each of them would tell you exactly what you want to know. You are not going to get a correct answer from someone else, they could be great at one of them and horrible at the other and tell you the thing they are great at is the answer, but it is the answer for them, not you. Hence why you should find the situation yourself instead of asking others.

Topic: which is a good option?? Trade or Hodl - page 15. (Read 2353 times)