Clara.Wilfred
Jr. Member
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Activity: 60
Merit: 1
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March 20, 2018, 11:50:05 AM |
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What is your skill set? These are the parameters you need to be focused on. If you have no trading skills and you can't tell a cup in handle from your descending triangle then you are probably ill equipped. Having said that there are some that don't think technical analysis can be used in crypto so having a very well rounded fundamental knowledge on geo politics can be just as important as tech analysis. So you need to spend time researching and then constantly staying on top in such a fast changing space
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BILGPS
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March 20, 2018, 11:51:15 AM |
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If you want to get gain on the currencies then it is good to trade your currency because if you hold then you may get predict after an interval but if you are trading then every time you will did a deal of the bitcoin and other crypto so bitcoin is good for the future investment and like now the people think about the future of this crypto i will make sure this to you that being the crypto user it is good to invest in these coins and soon you can get good profit for the long run and bitcoin is the digital money which trading is more easy than others.
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Marcel555
Jr. Member
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Activity: 252
Merit: 4
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March 20, 2018, 12:20:27 PM |
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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 do you recommend?
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gabmen
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March 20, 2018, 01:06:08 PM |
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Both depend upon according to the situation and affordability,Schedule,Time.Trading is full time job it need full attention and holding is best for long term just need to hold till you find expected moment where you want to be cash out.
yeah , and holding suggested if you got other job or salary because it takes time and you need money for living! Well that doesn't only apply to holding since trading doesn't really guarantee you a consistent income. Both of these would have to have fallbacks since they include big risk and if you re someone who can't afford to risk your money because of your lifestyle, then you'd have a hard time both holding and trading |
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ajoy
Newbie
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Activity: 210
Merit: 0
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March 20, 2018, 01:09:47 PM |
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from the Hold side, some people gain the profit and some people can't gain the profit, I think it depends on the coin that you hold, look up for the project what the project has made, and how popular the project that you participated
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aishyoo17
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March 20, 2018, 01:18:10 PM |
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If you can do both then its better but as for me I can’t handle the stress and emotions I get everytime I day trade thats why I prefer holding my coins for a long time. It maakes me complete bow that I earn crypto.
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samlaode
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March 22, 2018, 05:40:33 AM |
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Seeing the daily price is a terrible thing, the investment participants in the movement style can be stressful and crazy. Buy and save for many years to come when you are not worried about finances.
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mornabo
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March 22, 2018, 06:55:44 AM |
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Both depend upon according to the situation and affordability,Schedule,Time.Trading is full time job it need full attention and holding is best for long term just need to hold till you find expected moment where you want to be cash out.
Yeah I think it depends on the condition, situation and the purpose that you are doing on the trade. for example if you do day trading maybe most you will do is cut lose and look for another opportunity to get recover loss and profit. but if you prefer to play safe and don't want to lose money then holding is the right way to avoid losses but you have to be patient because sometimes the price to go up takes time and a long process |
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Emilyearl
Full Member
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Activity: 700
Merit: 105
APESWAP
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March 22, 2018, 10:12:04 AM |
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To me, I wouldn't advice on any given method as per which is better and which is not. Here's what you should always have in mind before entering any trade. What's you target for this trade either profit or at what stage should I cut my loss and move on. Reasons being if you depends on a long term hodl and events shakes up the crypto space and a very long bear market sets in, you loose every profit you've accrued for the whole time while you were hodling. So always take profits when they come .
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TomUyamot
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March 22, 2018, 10:48:26 AM |
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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 recommend trading of course. There is bigger profit in trading than just all-time hodling. But then again, I have to also consider the fact that trading cryptocurrencies is not as easy as it may appear to many of us. It is not just as easy as what the commonly used line "buy low sell high" approach. We all know that trading requires a lot of knowledge and skills that you will not learn overnight. If you have not mastered trading, I think you need to choose the safer option and that is hodling. But of course, you can have both of it. You need to patiently learn the other one though. |
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befriendmywater
Member
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Activity: 658
Merit: 10
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March 22, 2018, 10:57:48 AM |
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In my personal opinion, I think it depends a lot on the altcoins you invest. You need to know about that altcoin and you need to make a proper strategy with that altcoin. I often use short-term strategies on the altcoins I invest. Holding will be profitable but there will be many risks. Please consider carefully and carefully when investing. good luck.
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Palakka
Legendary
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Activity: 1288
Merit: 1000
Leading Crypto Sports Betting & Casino Platform
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March 22, 2018, 11:53:56 AM |
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If do you have a skill in trade is it better to trading than hold them
trading everyday possible you can get a profit from the market fluctuation.
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anavir
Member
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Activity: 350
Merit: 12
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March 22, 2018, 10:56:24 PM |
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you can have both...if you are good in trading but if you are a first timer trader you must learn first the strategies a trader must have...holding for me is more safer if you patient enough to wait until the price increases.
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seramania
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March 22, 2018, 11:17:21 PM |
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for the current market hold the coin is a good action because after all if we are bitcoin traders when the market is decreasing it is taking a big risk. so I think we can not take risky and more safe looking action to get profit.
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Ahmad8633833
Newbie
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Activity: 20
Merit: 0
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March 22, 2018, 11:21:33 PM |
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Do not be scared of holding, or trading, just do whatever you prefer about both.
Do not be so dumb.. the market is full of opportunities at the moment and just letting them go off is a bad idea.. Everytime that i see an opportunity to make at least 0.01, i take it.
But there are some coins who are in the market only waiting for us to hold them up for a longgg time to make incredible profits.
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terrong
Member
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Activity: 309
Merit: 11
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March 22, 2018, 11:24:28 PM |
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When you really have enough knowledge about this market, you can decide to trade or maintain a time when the market fluctuates. everything is the right choice but beforehand should have a good prediction before choosing it
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rxtwo
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March 22, 2018, 11:36:23 PM |
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According to the velocity and to the dynamic of the web, money goes back and forth in a way never seem before. So, the chances to get gains with trade, (a fast trade) is much higher than holding your money looking for through a slow search of ideal investment! I'd bet on instant trade, but cautiously observing its high risk.
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CoinsInvest9
Member
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Activity: 153
Merit: 10
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March 23, 2018, 12:03:15 AM |
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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?
It depend on your overall skills, if you have enough knowledge about crypto currency market then you shoud choose these two strategies. Holding a token long term is often considered as a safer and less risky strategy and you don't need waste much time to analyze fluctuation of the market, you just need to buy, then store properly in your own account and wait until the coin hits the target price. While if you can analyze trend of the market and buy before the pump and then sell on price peak you will get huge profit but you only can do this if you have much experience in the market. |
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Shinpako09
Legendary
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Activity: 1988
Merit: 1015
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March 23, 2018, 12:05:38 AM |
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Both are good in their own way. It will just depends on the attitude of a person. If you are a person that doesn't want to work from time to time, holding is the best for you especially if you are holding decent amount. Now if you want to rake a risk and make a much faster profit, then go trading especially if you're a non-busy person. You can focus so much in trading.
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Wandika
Sr. Member
Offline
Activity: 508
Merit: 250
In CryptoEnergy we trust
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March 23, 2018, 12:51:04 AM |
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Both are good in their own way. It will just depends on the attitude of a person. If you are a person that doesn't want to work from time to time, holding is the best for you especially if you are holding decent amount. Now if you want to rake a risk and make a much faster profit, then go trading especially if you're a non-busy person. You can focus so much in trading.
Trading really helps everyone as long as we knew how to trade properly and we do know how to cope in any circumstances like what is happening now, if we can always see a brighter part in evry dark days, then we can deal with trading with no doubt. |
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