|
drachman
|
 |
June 26, 2018, 04:23:58 AM |
|
Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.
I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?
Looking at the market movement, is it a good time to start trading?
Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?
I am eager to learn how to do trading(short-term or day-trading).
Any thoughts? TIA
Trading or holding is both profitable but what matters is the coin you are using if it has really the potential to grow even more in the future so you should always check the stable price before investing a huge amount. No, what it is profitable is the person behind the strategy, I have known people that were both traders and holders and lost money performing both strategies and I have met people which performed both strategies and earned money with both of them, while the strategy is important the most important aspect is the person and his mental maturity to deal with the market of bitcoin and unfortunately many are not ready to hold or trade in this market. |
|
|
|
|
|
|
|
|
|
|
|
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
Btc_1856
|
|
June 26, 2018, 04:45:33 AM |
|
Yes, in the bearish market instead of trading it is better to hold the coin because there is a sudden downfall in terms of price. So holding will give good returns once the price starts increasing, most of the people who has a good experience will buy the coin with the money they have now because now it is entering time in the market.
|
|
|
|
Royal Jelly
Jr. Member
 Offline
Activity: 336
Merit: 2
ECOSTART
|
|
June 26, 2018, 05:09:06 AM |
|
It depends on the market situation. If the market is green, it's time to trade and sell. When it is red as it is today, I choose to hold it.
|
E C O S T A R T | WE CREATE A CRYPTOCURRENCY FOR OUR PLANET
https://eco-start.com/ |
|
|
newwest
Member
Offline
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
|
|
June 26, 2018, 05:16:34 AM |
|
In my own opinion if you're a beginner in trading you must choose hold because you don't have knowledge to trade bitcoin. If you're a expert in trading you must choose to trade everyday so you can earn profit everyday but be careful in trading trading is so risky.
Only invest the money which you have extra in starting as you are a newbie so losing in trading is higher and possible that after your purchase markets may fall and thus you may have to hold it for months if the market do not recover in that time frame. |
|
|
|
P_percy
Newbie
Offline
Activity: 95
Merit: 0
|
|
June 26, 2018, 05:20:10 AM |
|
If you want my opinion I'll trade half of my position and
Hold on to them which seems best to me.
|
|
|
|
|
funcho
Jr. Member
Offline
Activity: 153
Merit: 2
do your own research
|
|
June 26, 2018, 07:38:10 AM |
|
isnt hodl against economic rules of fiat
and not equal to positive outcome in decentralized pow systems
|
https://bit.ly/bittmex
|
|
|
gurupauts
Member
Offline
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
|
|
June 26, 2018, 09:20:14 AM |
|
if you do not try it then you will not learn, if you want to get profit then you should find a good market and make trading with the right time, and you will learn from your experience
|
|
|
|
rain_road
Newbie
Offline
Activity: 33
Merit: 0
|
|
June 26, 2018, 09:41:24 AM |
|
if you do not try it then you will not learn, if you want to get profit then you should find a good market and make trading with the right time, and you will learn from your experience
I am new to investing in this market. Before I traded, I thought I would buy and hold first. I do not have much experience in this market right now. When I get more knowledge about the market then I will trade the day. |
|
|
|
|
vik254
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 26, 2018, 10:48:42 AM |
|
I will not advise you to start trading without any knowledge on how best you can do so. This will led to major losses. maybe you should consider getting someone who will guide you through the all process so as to avoid such challenges. i tried trading last year and i made major losses
|
|
|
|
|
|
johnwest
|
|
June 26, 2018, 10:51:54 AM |
|
I do both, it depends on the coin where you are investing. Some coins are great in the short term where the team is doing good marketing and release news frequently.
I hold many top coins for long term and they give good returns at the end.
|
|
|
|
Trueteller
Full Member
Offline
Activity: 364
Merit: 103
“Blockchain Just Entered The Real World”
|
|
June 26, 2018, 11:43:35 AM |
|
Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.
I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?
Looking at the market movement, is it a good time to start trading?
Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?
I am eager to learn how to do trading(short-term or day-trading).
Any thoughts? TIA
When you hold the coins-you assume up to what point to keep them, to what news, release or listing. If Yes, then choose hold. If you just keep without strategy-then learn what you have in your portfolio and make decisions based on this |
|
|
|
|
Phantomberry
|
|
June 26, 2018, 11:53:46 AM |
|
Buy more altcoins and hodl it wait for the opportunity to have a huge profit and don't sell on the lower price just remember don't sell your altcoins in the lower price.
|
|
|
|
|
@alaji
Newbie
Offline
Activity: 73
Merit: 0
|
|
June 26, 2018, 12:44:56 PM |
|
Both trading and to hold for a period pending when its value appreciate will all bring good return on one investment if you do the right thing at the right time. But to some people who don't know how to trade crypto currency holding for a long period of time pending when its value appreciate will be the best option for such people.
|
|
|
|
|
hermae
Newbie
Offline
Activity: 210
Merit: 0
|
|
June 26, 2018, 12:49:07 PM |
|
It depends on the market situation. If the market is green, it's time to trade and sell. When it is red as it is today, I choose to hold it.
I think it is better to hold your coins first before doing any trading. While you are still holding, it is better for you to do some research about trading so that you gain knowledge about it. And if you think you are already ready to trade, do some practice by using a small amount first as a training. |
|
|
|
|
|
markiz73
|
|
June 26, 2018, 01:05:51 PM |
|
The more bitcoin now falls in price, the more large players will be able to enter the market. Time of easy money goes from the crypto-currency market. Maybe it's for the best.
|
|
|
|
|
Telybin
Newbie
Offline
Activity: 114
Merit: 0
|
|
June 26, 2018, 01:29:00 PM |
|
To me, I keep thinking that I will keep at the present time. The market is turning bad so the trading day the loss rate is very high. But if you have confidence in your analysis then you will get a profit but I think it will not be much.
|
|
|
|
|
automaticmoney
Member
Offline
Activity: 420
Merit: 18
|
|
June 26, 2018, 01:30:57 PM |
|
it is suggest to have both trade and hodl at the same time then only we can make consistent profits in cryptocurrencies both are necessary and yet most patients is necessary
|
|
|
|
|
|
bummm
|
|
June 26, 2018, 01:36:07 PM |
|
I think to be able to get profit in trading then you should be able to read the market well and know when the right time to buy or sell, if you have some altcoin and you want to trade then to get a better profit you sell when the price is high and buy again when the price goes down
I suppose you have to get several cryptocurrencies. Hold those cryptos that are from top-10, or even top-20. Trade the altcoins that are cheap to get more profit. |
|
|
|
|
|
litepresence
|
|
June 26, 2018, 04:32:50 PM |
|
Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.
I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?
Looking at the market movement, is it a good time to start trading?
Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?
I am eager to learn how to do trading(short-term or day-trading).
Any thoughts? TIA
At present the current situation Long term trading is good. Dont try day trading without any proper experience. Because day trading is very risky without any experience. Now the market price is very low. It is best time to invest. Dont sell your coins. Hold your coins. |
|
|
|
|
zack29
Newbie
Offline
Activity: 27
Merit: 0
|
|
June 26, 2018, 04:49:14 PM |
|
First you need to understand what kind of coins you have and in what position they are now. Based on this, it will be possible to give a more specific recommendation. The market is not in the best position now. If you were buying for fiat, now is a good time to buy altcoyins or bitcoin, but you have a different situation. Therefore, it is difficult to give you advice.
|
|
|
|
|
|
