cryptoking345 (OP)
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January 03, 2018, 07:29:25 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
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ankurguta87
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January 03, 2018, 07:31:04 AM |
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Not the only one but its the safest. You may sell it at a higher price and rebuy it at a low price but this game is a bit risky and you may lose your investment with it. To be safe, buy and hold is the best way.
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soham
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January 03, 2018, 07:50:34 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
Nope! Holding is an investment strategy and not a trading strategy. Holding a coin for long term is very similar investment strategy like holding a blue chip stock. You are sure that the price will be higher in due course of time. But trading essentially means day trading. BUy at a cheaper cost and sell at peak on the same day. There are other strategies like arbitraging. Try to do some google search and you will come across a lot of videos which will teach you about various different strategies that can be used in crypto market.
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Avispeat
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January 03, 2018, 07:52:54 AM |
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It's easier to hold and not think about it the prices much. This being said trading like everyday trading causes a lot of stress. If you have money go grab some bot that will flip profits while you sleep.
By holding you may end up earning nice amount for little work.
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pxo.011
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January 03, 2018, 07:55:25 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
yes it is, and wait for the right time to sell and maybe a few months it depends on token type if for long term or not.
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Firecold4
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January 03, 2018, 08:07:58 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
Nope! Holding is an investment strategy and not a trading strategy. Holding a coin for long term is very similar investment strategy like holding a blue chip stock. You are sure that the price will be higher in due course of time. But trading essentially means day trading. BUy at a cheaper cost and sell at peak on the same day. There are other strategies like arbitraging. Try to do some google search and you will come across a lot of videos which will teach you about various different strategies that can be used in crypto market. it's true Holding is an investment strategy and not a trading strategy. for Trading strategy is you must be sure that the price of coin will be higher than before. to start trading by buying at a cheaper cost and selling the coin at a more expensive cost. If for beginnersI suggest first understand about trading and try with lowbudget
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xiboothrezi
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January 03, 2018, 08:17:31 AM |
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well, there are many trading techniques to choose from. can be long-term or short-term. both are equally profitable, depending on the choice of each. if you want to get a daily profit opportunity, then can buy and sell coins in a relatively short time during the BEP can be achieved. Remember, in trading not only there is profit, but also there is a loss. do not just be ready for profit, but also to be ready to loss.
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warning_btc
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January 03, 2018, 08:21:59 AM |
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i can give advice start to trading on low cost coins for training
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The_prodigy
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January 03, 2018, 08:25:33 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
i thInk that is why we are needing to cooperate and collaborate with each other to kake fun and educational instrucuional or training videos especially on this trading as that they kight not make catastropic decisions that can topple their dreams in bitcoin
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junoreactor
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January 03, 2018, 08:27:52 AM |
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I'd rather suggest arbitrage over trading, crypto-currencies is still a very fresh world and that's why many arbitrage opportunities do exist right now. Trading = risk involved Arbitrage = no risk (or very small risk related to a price changing during the transaction).
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maxbullcoin
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January 03, 2018, 08:30:37 AM |
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Buy and holding coins for long term is good but it's depend on coins that you buy. First check coins is Legit or not then invest in it. When you sell it if their price is up so it's good to generate profit.
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Pursuer
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January 03, 2018, 08:30:54 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
where did you get the impression that trading (which translates to buy and sell in any language) means buy and hold! trading, to put simply means when you buy something at a lower price and then sell it at a higher price. this can be stocks, gold, bitcoin, altcoins or even T-shirts! the principle is the same. sometimes it takes time, sometimes you have to do additional things and it always has risks.
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Nhebu
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January 03, 2018, 08:31:30 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
Buy in a low price, sell at high price. Easily to say but I think its hard to make trading. I want also to know various tips and strategies in trading or investment. Someday if I will earn in signature campaign, I will try to make tradings and hold coins. I want also to know and learn how to look at market prices and the scale of any cryptocurrency. I think looking at the site you've entered is a strategy also, in order for us to avoid scam sites.
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teejaymuna
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January 03, 2018, 08:34:10 AM |
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I think buying and holding is only a strategy for investment for both beginners and vets in BTC. This is because, as always. folks expect the price of BTC to rise way beyond the price at which they bought it and if they sell rightly, they could make a lot o profit. In essence I think the intention of those buying and holding is to make a lot of profit.
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mutrang23
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January 03, 2018, 08:35:55 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
Congratulations on your decision to become a trader. I recommend you buy - sell XRP, XRB, BCH are the potential altcoin in the future development.
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pootutus
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January 03, 2018, 08:40:53 AM |
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That's the case. For new traders, I think it's the first to control the risk of their own funds. It is more prudent to buy a good hold and wait for a suitable opportunity to sell. Stick to it and your money will accumulate.
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perla
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January 03, 2018, 08:47:06 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
make your mental to be strong is most important thing for trading so you not let yourself to get panic when the coins is pumped or dumped. after that loss management strategy is important thing that we must have
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Tux99
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January 03, 2018, 09:00:37 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
Actually there are many strategy that you can follow beside of holding but the basic and easy one is holding. Before trying the other strategy better you learn first to higher level. As i am newbie, i use that strategy only.
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Bellator
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January 03, 2018, 09:10:05 AM |
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Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??
make your mental to be strong is most important thing for trading so you not let yourself to get panic when the coins is pumped or dumped. after that loss management strategy is important thing that we must have New trader should always learn how to develop that emotional management not just with trading but also for those who earned bounty coins. Because it seems that all who will be dealing with trading sites, have to always maintain that consistency of emotions so that they will prevent themselves to have panic decisions. Making profit should always start within ourselves and having patience can help you become stronger and a good trader.
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LogitechMouse
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January 03, 2018, 09:16:21 AM |
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Trading coins and holding coins are 2 different investment strategies. You are trading because you want to gain profit for a short time but its risky and we know that. Buy and Hold is for the long term and it has little to no risk at all. It only depends on the coin you will hold for the long term.
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