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As a new in crypto world, you must watch videos about cryptotrading because it is to risky to invest without much knowledge in trading. Also must research the coin you are investing if it has a good potential to rise up. Join also telegram groups and channel to learn more about crypto. Engaging in crypto is too addicting, you must spend a lot of time with it.
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If you had much time, you can do day trade to gain instant profit or if unlucky, its losses. But if dont have time, hodling is for you and wait for the time that the coin will rise up.
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It is the best strategy when the market falls but we cannot change the fact that we are afraid to lose our money and panic sell it hoping to buy back again at low price. But when the coin goes down and if you have faith in your coin to go up, then you need to be calm. No matter what happen hodling is good for a true investors.
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I am new here at this forum and I am also a trader. I gain profits from my trading but some are also losses. I want to learn more about how to be a good trader and what are the strategies even when the market is bear. Is there any site, link or videos you want to share? Thanks in advance.
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For me, I don't want to live forever. Maybe I want to live long so that I can live my life to the fullest. It can be possible because of the technologies nowadays. It can prevent it from being aged and have sickness. But we cannot assure that because of some accidents that happen.
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If you are a trader then hodling is not a choice for you, but if you're busy and dont have time in trading, hodl is good for you as long as you see that the coins you are hodling has a good potential to boost. For me, some of my coins are for hodling and some are for trading.
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If you don't have much money, $100 would be a great amount to start investing a coin. I also start at that amount and everyday I gain from my trading but you must consider what coin are you investing and will it make you high profit. I invest an altcoin that have low price and have a nice project because it can gain more percentage when it goes up.
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