Bitcoin Forum

Right now, HODLing is making me some pretty good gains. Before I HODL'ed, I was using Wolfpackbot tho. Some days I was gaining .5% and others I was gaining closer to 2%. It depends on how the market is going tho. Sideways markets seem to work well with the bot vs bull markets and investing/hodling. What would you guys suggest? What are you guys using to trade? Do any of you use bots like the Wolfpackbot?

I'm not trading or holding much altcoin recently. I am just holding a Bitcoin and gained about 35% profit already since last week. Trading for now is a bit risky, but still profitable for some right coins. And what tf is wolfpackbot? If you want to share something unpopular, please explain more about that so people don't bother themselves to find info.

No, I'm not using any bots to trade. I usually do manual trading because I'm not expert and wanted to learn the ins and outs before using any bots there. Of course holding is good, specially if you have entered when the price is so cheap and at a discount, but sometimes it's better to swing trade, at least you gain experience that will probably help you out in the future in making decisions in your trading strategy.

Sometimes trading can bring a profit, sometimes if people hold coins which will grow then is possible if to get more profit over time then small traders even if traders do it almost every day, but always depends on a lot of factors.

For me holding is much better compare to trading, trading requires knowledge and patience from the trader and the volatility of the crypto market makes it even riskier, while holding it only requires you patience to get some returns and you don't need to perform some complex task.

I hold more than trade. My trades are mainly just when the markets are falling, and I move some money to USDT and hold for a while before buying back in lower down. It's a bit cautious I suppose, and I'm certainly not maximising my gains by doing this, but at the same time the risk is quite a lot less.

If the bull market have really started (I hope this rise is not a bull trap), hodling is the best strategy. Hopefully this continues.

Day traders always take the advantage of the up and down of the pricing to make money or lose money and it is still very risky way especially if you did not know how it works.
Holdlers always has a long term trading view in mind and I strongly believe that it is one of the Best way to invest.  I prefer holdling than trading.

Both have advantages and disadvantages. If you holding a coin, you will loss your time to wait. but if you daily trader, you will got some profits everyday but very high risk

no I don't use bots for any trade, I am purely trading purely without bots. this might be able to make it easier to use a bot, but I see that I can't implement it because I prefer trading and holding manually

holding is the simple way to get a good profit in long period time
but, its depends on what kind of coins in our bag,
and trading is one from many way to get profit in short period time
so, the purpose from trading and hodling is same, its all about profit right
personally i doing both activity my friend

Traditional trading, but most of my activity is hold bitcoin. Glad bitcoin price already climb up and maybe a lot of people already take their profit. I actually never use bot because i don't really know how to use it and like to trade casually.

I am most of the time a hodler but I do trading from time to time. I normally enjoying trading when the market is stable or moving sideways. It is very hard for me to predict when it is very much bullish so I only cash out my hodl during that time. I do not use any bot even though most of the traders right now are using bots. I feel more excitement when I am doing it manually than relying on bots.

I trade and also hold some coins.But I trade myself,I have free time and I do not use bots(I do not trust them,it is easier for me to trade manually).

I think it depend on your lifestyle if you are goin to go to trading or holding. If you can be hands on to your crypto business I think you can perform trading specially when you are jobless. But if you are employed or even a student it's better to hold your coin and wait for the price grow to have a good income. And if you have a lot of time you can do it both for a better income.

I don't use bots . I like to hodl more especially bitcoin because I'm sure I will have some profit with time. The only risk I take is to wait till it appreciate. I like to see my bitcoin in my wallet anytime I open it and not to have it left in a trading ground with an exchange.

It depends on situation on the market. Trading is more risky and demand intuition. I believe it's based on calculation loss/gain. Hodling is based more on faith and patience. And there are coins which have quite stable growth, or they're generating passive incomes (like in case of FuturoCoin and its incoming masternode update).
We can't be sure when which strategy will be more effective. But I think that most important in both cases is not to invest an amount of money which we couldn't afford to lose.

I trade but don't use that method. Holding a coin for a long time, in my opinion, is very good and it is evident that some of my coins are currently experiencing price increases. But the advantage now is to trade. Bitcoin and all Altcoin are now growing very well and trading is very profitable.

I mine and trade my mining rewards, I hodl BTC, BCHABC, ETH, LTC, and DASH.

I use a spreadsheet and set percentage targets to match the BTC dominance, which I adjust daily.

60%    BTC
14.5% BCHABC
11.5% ETH
7%     LTC
5%     DASH
2%     OTHER (mining rewards+DOGE for inter-exchange transfers)

Trading gives you a lot of money if you know how to trade. But 90% of exchange users do not know how. Holding is also a profitable business, but only in the long term, as the cryptocurrency is very volatile. If you do not want to risk and lose a lot, then choose a holding company.

Hodling is a little less stress than trading so I too have been hodling and stop trading for a while because the last months is not good for me trading wise. Need to rest my mind from stress and just hold my BTC, just glad that the price surge these days.

Both? you can't determine the market works very well with bot because the bot will be very useful when the market gets stable. Bot can't even follow the direction of the market when it gets a huge increase or decrease. I prefer to do both whatever people said about that but that increase the possibility to earn max profit from the market.
I used hodling as the alternative plans but just accumulate more coins anytime depends on how much fund that i can use to buy hodl coins.

In any case, if you have skills about trading, it is the best way. BTC has been starting to increase since recent months, but until then prices moved down. How profitable was it then? But, the trade allows you to gain without depending on the market situation.

For me doing daily trading is my current job, because if I hold Bitcoin for the long term, then I find it difficult to get daily income, because I am very serious about working at Crypto as a daily trader.

Hodling is good if the market turns to green or increases prices continuosly, but i think trading is much better since not all of the time the market would be friendly that what we hodl makes an increasing price. Trading is making profit at anytime or any situation of market.

I will go in for holding at the moment than that of trading because BTC and the other alts have been extremely bought so anything can happen if you trade these coins. The volatility has also increased so trading is very dangerous to me. I am aware experienced traders are happy when the market is this way but the fact is that they are waiting for some of us to go in and get rekt :)

Good thing for you that you were able to hold those good coins, and as we see on the market, everything is gaining its value and everyday its getting higher in its value, its good to see that the market is really recovering since last year. I hope its gonna be normalize just like this days.

I do trade manually and never tried to use a bot but right now i stopped trading because the market is getting better and holding is a great choice. Don’t compare these two, they have both pros and cons but the good thing is that you can do both any time you want. Trading and holding are both profitable in cryptomarket, great timing is a must.

Trading is actually good but it involves huge risk if someone I not well experienced in it. Holding on the other hand is not too good because there are some coins that doesn't worth holding for long term at all. Base on my above judgement, I still prefer to hold for long term but it must be a coin with huge potential such as Bitcoin, Ethereum, Bitcoin cash and Litecoin.

there are only two ways of looking at your situation.
if you check the BTC value of what you are holding. in which case you are already in a very big loss since all the altcoins have been getting dumped fast and hard against bitcoin so your bags are not worth a lot less than they were last week.

if you check the USD value of what you are holding in which case there has been a rise but nowhere near what bitcoin rise has been. which raises the question of why would you bother holding altcoins that will make you miss out on the real rise while other traders are already dumping altcoins?

I don't use any bots to trade I do it manual .
And I also like to trade rather than to hold specially if we could get more profit from it.
Why not do a quick trade and get a 2-5% and repeat it I know it would be hard but at least you would learn from your experience.

Nowadays due to very long bearish market situation I can feel that day trading is much more profitable compared to doing long term HODLING regardless if you hit the right time selling. But hitting the right scalping also in day trading is much more better.

I would rather HODL, but I have read some good experiences with bots in this forum. Back in the day Gunbot was popular, but I'm not sure how it has performed lately. Another thing to take into consideration is the higher taxes from short-term trades with bots.

Wolfpackbot?
i do not know what Wolfpackbot is, can you explain to me what it functions?
because i didn't know the Wolfpackbot so I didn't use it.

i am a trader and holder, lately i have also gained some benefits because the market is now moving upwards.

I don't have an idea what's this wolfpackbot that OP is mentioning. AFAIK when you hold, you don't have anything to use like the bot that he has said. You just leave your coins on your wallet and let it grow on its own depending on the market's side. There's no need for me to use any kind of bot even the ones that's being used for trading. Can't be sure of this if OP is part of the marketing group of this software or he just came by with that and wanted to share it to the community. As for me, holding would be definitely good without use of any bot/software.

Once in the bull run hodling becomes very profitable but that's not the case in bear run. During the bears trading is more profitable than hodling.

I am  long term trader and also a hodler. I have separate funds for each. I do trades that are typically 2 to 4 days apart, depending on the trend and levels. For now, I am earning more in trading (obviously) but a huge chunk of my funds are for hodling

I haven't tried trading, but pretty sure I would suck at it.

Regarding holding, I had very nice gains in some alts but kept holding and they eventually turned to 0 (in 2k17). But yeah, holding does reward you well if you are holding good coins (sometimes this good coins turn out to be shit too, so luck counts).

As bounty hunter, I still Hodl the token I earn as reward from bounty, I just hope that project going well and the altcoin or token will gain some profit for me, if not I just leave the altcoin or token alone in the wallet, I just dont care

It's the first time i heard about wolfpackbot, well i never use bots like that for trading. It's always on my own act for trading and i don't use bot. With the market condition right now, i think holding is the best way for now because the crypto market is going up and it's better to hold until the price is not up anymore.

I prefer trading instead of holding because in trading I can minimize the risk of loss if the price of the token that I buy drops.

i believe much in holding.like i always say crypto is unpredictable anything can just happen at anytime,holding coin can bring loss and as well bring better profit within a blink of eye.bitcoin is now mooning those who bought at shitty rate has made more profit and at least make more money with the coin they hold. i am a bounty hunter and i always hold atleast 80% of my earn token , apart from making profit is even part of investment.

I think there are already many bot trading software that you can use for automatic trading.
but be careful, some pump and dump group can create bull trap for bot users.
Between trading and holding, i prefer holding because not much time consumed for monitoring the price.

I have never made use of a bot in trading before , I always trade manually and I have still got a lot of things to learn from trading. I also do Hodl, the coins in my wallet are always increasing in price as the market goes up. And starting since April I have been making some good profit as the price has been going up since then . But I haven’t touched any money that I have gotten from the Hodl, I just want to keep on Hodl and watch the market as of now , I feel there’s going to be further increase. Hodl is the easiest thing for anyone to do but you will have to do it at the right time, if not there is not going to be a profit coming from it.

TOo many bots in crypto trading...so just HODL and if you are playing the long game then Bitcoin is the only one

just trading as usual without using a bot. and for the hodl, I'm not strong enough to wait for a long time. so it's better I always choose the path as a trader. even if I choose the hodl, usually only coins that have the potential such as bch and eth will I take as an option.

I don't think any of them is bad, though a lot of persons will rather buy bitcoin currently than trading it because the value in the market is so high also making the demand high, I personally have halted from my trading due to the rise in the price of bitcoin since I can't afford to lose my funds, though I am still watching the market closely because a little dump in price can give me even much more profit, this is why trading is still necessary in the bull market, though you can ignore it if you are okay with what you get from the rise.

I have not trade this time because I am enjoying holding coins at this moment due to the semi bull run that we are now encounter in the market. When trading and holding there is one thing that we can assure of, it is depends on the market condition.

If the market moves like this continuously growing up then I must prefer on holding my coins rather than doing in trading. Just like holding ethereum and bitcoin as of now it is very profitable to hold due to rapidly growing up in the market.

Using bots/tools in trading is very expensive I rather use manual trading and do my own research at least in that way I am sure what I am doing than using bots.

I use both actually, I'll use trading if the price just stuck in a several price and mean in sideaway market. But I'll holding if the price continue to high bitcoin I'll sell first if the price will down. Actually, trading and holding are same which can give you profit as well as you know the both strategy. I only weird when someone who choose holding just because he doesn't know the movement price cryptocurrency, which mean if the price continue to down then he just will see it and doesn't do anything.

Trading will be a good choice for people who has skill in trading but people who don't have the skill, they better to hold the coin until the price can increase back. But the trader who has skill could also use holding any coin if he wants because to hold some coins, it doesn't need many things to do, and he only needs to save his coin in his wallet and don't use the unknown wallet.

When we are very confident in a coin, we need to do hodling because it will be an opportunity for us to gain profit when the price increases in the future. But if we still doubt trading can be an option, we can do day trading and make decisions much more often. For me that both have advantages and disadvantages. So what we need to do is adjust to the abilities we have.

i'm not trading , i just hold altcoin till keep going up . i learn about bitcoin trading i just profit slowly but if i hold i got exceeding the target
 

One needs to be more skilled relative to the buying, selling and the time to keep hold. This is possible when the user himself observes the market and makes predictions about the further moves of the coins. Here risk is there as we're deciding based on predictions and there is nothing assured. With holding its just a targeted focus on profiting, we just hold and sell when the market reaches the calculated target. It requires a lot time.

Bot have their advantages and disadvantages. If you know how to do it rightly, trading is better than holding. If you HODL, you have to have large characteristics with patient and it is time waiting. You might HODL for months without any return but regular trading guaranteed steady profits when you do it the right way

Comparing to the latest situations currently holding is much profitable because we are seems facing uptrend although all of crypto price increasing slow but at least i can made 5% profit or less for each day such as i made from bitcoin price movement yesterday and if no upcoming bad news or similar of it i think i can get more than my latest profit soon

i think both of them are good, you can do both if you can ahndle it.
buy and hold for some day then sell, and do daily trading.
but i guess many people will prefer do daily trading for now, because good chance for take profit in short time.

of course you are right. both are good things to do. for now, I hold the assets that I have. but, if I see good potential in the price of the assets that I have, selling them is not a bad idea. all of this depends on the market conditions.

I trade daily, I think trading daily is more effective when compared to holding, especially in the long term.
currently the most ideal is short trading. yes, even if you can only get a small profit, this can be a good option before actually buying and investing with a long duration.