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Author Topic: Hold or Trade - Which is Better?  (Read 2594 times)
Bonsaiav
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January 15, 2018, 11:52:02 PM
 #81

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?

'Hold or Trade' this is a very important strategy for a trader, and this is the best way I've ever done. Currently bitcoin prices are falling (stable position), ie $ 14095. You should make a purchase, to add the amount of bitcoin available, because I see there will be a bitcoin price development in early February.

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January 16, 2018, 01:40:06 AM
 #82

if ypu dont have an idea on how trading is you better hold your bitcoin and go with the flow with the price , but if you are good in trading go with it because you can earn in trading that you cant earn in just holding bitcoins.
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January 16, 2018, 02:25:39 AM
 #83

Both are same better hold a potential coins and if you want a instant profit you must choose a trade, but it's too risky.
If you are knowledgeable and have a skills you will get a huge profits.
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January 16, 2018, 02:42:16 AM
 #84

Both are actually good but at this moment trading will not give so much profit since the value of coins are quite fluctuating but on a lower range of amounts I think holding for at least 2 months will be a good idea because I believe that the value of coins especially bitcoin will pump and may reach a new high record. Still you can choose to trade but not too many coins better choose at least two or three like ethereum and litecoin.

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January 16, 2018, 02:52:15 AM
 #85

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains. Among these two strategies, which is better and which d you recommend?
I will not recommend anything since you are the one who will try to find what is your winning strategy. Some people bags profit only by holding. Some people also earned a lot by trading. Overall, they are both effective strategy. But how do they do that? It's matter of trading test and ability to face all the associated risks the moment they put money on crypto. Since experienced build them, they now know how to deal with the volatility on the way. Yes they still experiences losses but overall, they already gained a good winning stats.

Like I said, you must find your winning strategy in order to win. It will not give you an always win but surely you will have a wonderful winning stats if you play it right. Holding and trading are simple terms but needs some good recipes in order to make a good output.
If I prefer HOLD because trading is always involved risk between profit and loss. I do not like to take risks like that, because every transaction there must be such a risk. I also do not like analysis and do many research. I also do not like to learn about trading and always update information about it. But actually HOLD can also be said trading. If we buy and collect a certain amount of cryptocurrency, then sell at a high price, I guess it can also be called the same as trading. However there are short and long term trading, as well as HOLDING. If I am currently doing a long-term HOLD with Bitcoin and Ethereum. I guess it could also be called long-term trading.
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January 16, 2018, 03:49:15 AM
 #86

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?


Now is the time to buy bitcoin and  just hold your stock when you buy it, and wait for the price become high again. Because the price value of bitcoin right now is just too little I think many traders are going to buy stock no and hold in a wallet I'm sure 
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January 16, 2018, 04:22:53 AM
 #87

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?

obviously buying before the pump and selling on top of it is the most profitable one and it may even be easier and faster to make the huge profit thanks to a pump in that coin. but in the end which strategy you choose and in which you are more successful is something that depends on you.

Timing the market is not as easy as 1 2 3, like how you make it appear. There is a reason why 90% of active traders are losers.

Quote
some people tend to only buy after the bubble, on top of the pump and lose money each time they do this. but some others can detect thee pumps and take advantage of them properly without getting emotional and hold too long. so if you can do it then go for it.

Newbies will always be around. If you are a day trader, you want them to always be around, in any market setting.

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January 16, 2018, 04:31:52 AM
 #88

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?
How about buy and hold for at least a year and at the same time do trading for the same amount that you used to buy.You accumulate all your earnings from trading after a year and you compare it with the profit from your holdings. Its a long process but for sure it would definitely answer your question.
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January 16, 2018, 04:56:27 AM
 #89

Both are actually good but at this moment trading will not give so much profit since the value of coins are quite fluctuating but on a lower range of amounts I think holding for at least 2 months will be a good idea because I believe that the value of coins especially bitcoin will pump and may reach a new high record. Still you can choose to trade but not too many coins better choose at least two or three like ethereum and litecoin.

Probably it depends on how you trade, if you choose to day trade and you're trading with many coins expect to have headache with these as it's not easy to monitor too many coins. But if you're doing holding then it's fine to hold at least 5 coins and just track them every now and then.

Happy Coding Life Smiley
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January 16, 2018, 05:14:25 AM
 #90

Using both is better than trade or hold only

I agree, much better doing both trading and holding at the same time, but it's depend on strategy and purpose. By holding i think much better if for the long term and day trading while you holding.

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January 16, 2018, 05:15:07 AM
 #91

Both are better in their own different ways, because some coins are better sold off or they become a waste, whereas other coins are worth holding because they will be worth millons some days to come. So you have to do a background check very well before you decide to hold or sell a coin
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January 16, 2018, 05:32:17 AM
 #92

Holding and trading can give you a desired outcome, they can both give you profits. The difference is that, trading is time consuming and does require skills while holding has to with you just investing and leaving it to yield profit in the near future. The risk involved in holding is minimal as compared to trading.
Holding to me, is better because of the low risk involve.

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January 16, 2018, 05:41:31 AM
 #93

Both are better in their own different ways, because some coins are better sold off or they become a waste, whereas other coins are worth holding because they will be worth millons some days to come. So you have to do a background check very well before you decide to hold or sell a coin
Both are the best way to make a profit. The most important is how we can take advantage of all the conditions that exist, for example we can take decisions in the right timing or we can do the analysis well. It is actually a decisive component to be successful in trading. Hold and trade should be utilized by us in accordance with the most appropriate conditions.
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January 16, 2018, 06:54:27 AM
 #94

if you have free money and dont focus on the time, you can choose hodling strategy. If not, you should choose daily trading to control your budget

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January 16, 2018, 07:01:33 AM
 #95

if ypu dont have an idea on how trading is you better hold your bitcoin and go with the flow with the price , but if you are good in trading go with it because you can earn in trading that you cant earn in just holding bitcoins.
Trading is the next level of holding when you had enough with it then you must level up and try another thing and that is trading. When you hold then you have to trade it too when you had enough of it and what's about to happen is that you must keep on holding it after the price goes up. But if you don't want to spend too much time with your crypto investment, it's better to hold.

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January 16, 2018, 07:11:11 AM
 #96

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?

I prefer to keep coins for a long time until they grow to the point where I can get a good profit. Trade takes more time and patience and I do not like it.      
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January 16, 2018, 07:18:11 AM
 #97

It is right, previous year bitcoin and other crypto currencies price massively rise and it give us huge profit. It is because we hold the coins and on the right we sold them and gain profit, then managing the timing and right time to buy and right time to sell. But keep hold the coin whatever you buy and see the speculation then of course we will gain profit from crypto. 

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January 16, 2018, 07:35:14 AM
 #98

for me, trading is more profitable because it can benefit every day. different from hold. we have to wait until the price is doubled and it can not be specified for how long. because trading is not only done from fiat to bitcoin. we can do it from bitcoin to altcoin
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January 16, 2018, 07:50:06 AM
 #99

From my personal experience, holding has been much more profitable and I have left a lot of money on the table (lost it) because of stop losses and trading.

With that said, if we are talking about multiple coins, I think it pays to rebalance the portfolio from time-to-time so we do not go insane and have all our money on one coin. Newer coins grow at a much faster rate.

With regards to Bitcoin, the value is actually quite stable and so unless you are trading with hundreds of thousands of dollars or millions, holding seems to be the only option. Cashing out at certain points a % of your holdings is okay.
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January 16, 2018, 07:54:29 AM
 #100

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which d you recommend?

Try to hold if you can nor if you don't need to trade it for now since it can able to save you from dip if the coin have a good potential, but if you can't and you need some funds for quick use then you should trade it and try your luck again next time. But you could also earn by trading your coins to another or doing some arbitrage strategy . So choose now wheter you hold,trade for quick bucks or trade to earn its your choice to pick with these selection.
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