which is a good option?? Trade or Hodl
- Thread starter Mylo
- Start date
Carson
Member
Trading needs time, not everyone has the time to check the market prices every day, to do TA, FA, etc. Another thing is not everyone has the skills to do it, nor has patience, and may easily fall into a panic selling or to listen to the pseudo-experts we can see here and there.
If anyone's new to the crypto world they should go to the HODL strategy. Then if they want to speculate and gamble money, then go.
Personally I don't want to bother with active or day trading, I do trades but for medium terms like 3 months or more. Unless I come at the right time when something important hits the news
If anyone's new to the crypto world they should go to the HODL strategy. Then if they want to speculate and gamble money, then go.
Personally I don't want to bother with active or day trading, I do trades but for medium terms like 3 months or more. Unless I come at the right time when something important hits the news
Angel
Member
As long they find on both of them.
Then, choosing on the list was no a problem at all. Everyone has their own strategy and method investment, Person A could be said holding is the good option but Person B could be trading a good investment too. As long they know what are they are doing, not really looking which method was the best or not.
Then, choosing on the list was no a problem at all. Everyone has their own strategy and method investment, Person A could be said holding is the good option but Person B could be trading a good investment too. As long they know what are they are doing, not really looking which method was the best or not.
Ian
Member
For me, trading is much better if you have the skill and willingness to learn and become good at it.
Most of the investors are scared to risk their money into trading as they say that market is unpredictable. Hello?! That's the reason why there is what we called "technical analysis" that will help you on when to have transactions. It takes a lot of experience and practice in order to make your trading become more profitable for you.
Holding is a choice if you really don't want to risk your money or if you don't want to engage in the market, then that's the option for you, to hold
Most of the investors are scared to risk their money into trading as they say that market is unpredictable. Hello?! That's the reason why there is what we called "technical analysis" that will help you on when to have transactions. It takes a lot of experience and practice in order to make your trading become more profitable for you.
Holding is a choice if you really don't want to risk your money or if you don't want to engage in the market, then that's the option for you, to hold
Connor
Member
Basically Holding depends on projects roadmap and team activities. I made hold so good coins but later team sprite was very poor so that i lost my money at the end. So there my trading decision would better then hold. So i will say here trading or hold fully depends on some criteria like market condition, project volume, team sprite and finally roadmap work. A man has to take decision researching this criteria that he will trade or hold a coin.
Miles
Member
If that is the option, I suggest holding the coins than to trade. But if you know about trading, it is better to trade that coin to make a profit. That will depend on the market itself. If the coin price has a good move at the market, you can expect to make a profit, but if the price does not move, then hold will be a good choice. That will need more research to find if that project is good or not. But if you have bitcoin, maybe you can hold it than to trade if you are worried about losing the money
Robert
Member
Trading without these three, TA, FA, and SA, will become not profitable and useless for you because these will help you to trade effectively.
I'm not really a fan of trading before and I just want to hold my assets. But as time passes by, I'm not contented with that mindset, I want to make my assets move in the market to have some improvements and deal with the risks. Trading is really not for those people who are timid in manipulating their assets and make it grow. As I started trading, I'm becoming wiser and adaptive depending on the situation that I'm in, plus, trading will make your mindset healthier when it comes to investments. It really needs a lot of patience and practice in doing analysis techniques, don't hesitate to learn and engage with trading if you are willing to do it.
Jameson
Member
The answer will depends form how you truly understand the project and how's your trading skills. You will see different opinions regarding to this question people do have their own ways of taking advantage of situation.,
For traders who knows how to work with every market movements anticipating the flows gives them higher chance to earn from trading on the spot.
While hodlers who knows that there are more to expect from the developers will keep on holding knowing that they will be able to maximize the profits once the heavy pumped start
Roman
Member
Weather you go for holding or trading is something dependent on the coin you have. As I've seen it for small market cap coins the market right now is volatile but it allows a trader to still make profit if buying/selling at the right times. Equally, this is less possible for the large market cap coins so in this regard you'd want to hold. At least this is what I'd consider doing
Easton
Member
Everything depends on your skills, the successful investor will obviously claim that investing for the long term is the best, but what he is not telling you is that they have years of experience reading white papers and identifying trends in the market and this means they can buy good projects for cheap while the rest will only find out about them a few years later after they have given 100x profits.
But if you ask a successful trader they will tell you as well that trading is better, but they wont tell you the countless hours they have spend refining their strategy and all the time they dedicate to find the perfect set up for their strategy.
In conclusion, find out in which one of those options you will fell more comfortable and then dedicate all your free time to learn about it until you become an expert and you can make money with it.