Trade or HODL?

[tadpole_bitfrog]

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

Now you should not trade because its volatility has stopped and you will not earn money. I think you should learn about fundamental analysis and long-term investment and the altcoins in the top 10. It will definitely bring in profits for you in the next 5 months.

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[BigBos]

We have to decide according to the situation if the market but in the current situation it is best to hold them as long as possible until your coin prices start increasing. Sometimes it completely depends on the coins you choose because some potential coin will always start increasing even in the bear market.

for now, I feel that holding back is pretty good, and it might be a pretty important factor for the development of the business that you have in the future. maybe trading is also an interesting thing to do, but looking at the current market situation, I prefer to hold back what I have.

[Aivaryamal]

It will be correct to use of course both options for trading to take a smaller part of their capital, and when the hodling, too, need to fix the profit

[MFahad]

After that madness which happening on the market (in particular on Bitmex) I begin to think about changing my position ))
In general I think that both of it - Trade or HODL - are good. However if you are trader, you can say goodbye to nerves If you are holder - you just bought and best of all forget about all this for about 5 years. You at least can sleep well.

If you want to be safe in the current market situation, i think HOLD is the only option. You might get some luck in trading but eventually you will stuck in a coin because of your wrong judgement in this bear situation. I will advise everyone to HOLD and see if the market changes in December or early January.

[crabby]

You should combine the best qualities of both of these and do a regularly scheduled rebalance.

Agree. It's often the overlooked answer. So simple to implement with services like shrimpy.io, and provides so much benefit.

[Coinraptor]

Trading is not so easy for a newbie but day trading is good for making quick profits but needs to learn some basics things for doing better in trading. Need to know which coin is running well in the market for trading and the update value of the coin. So, bro, I think you need to stay with holding it will be easy and risk-free for you.

[CoinFoxs]

It depends on the market condition if a market is low then HODL and when a market is green then trade. Simple rule for a trading buy at dip and sell at the pump now a question arises how you know about pump and dip by doing a survey on that coin with the help of graph. This is the right time buy coins because the market of every coin is at its lowest price.

[velive08]

trade or hold can be used as one of the best choices to get a profit. but trades cannot be done by everyone, only professional traders may be able to run traders. different from the hold that anyone can now do and that can be one of the safest ways to safeguard assets.

[raghovsing34]

If you have enough experience on trading and if you can take risk then you can trade cryptocurrency. But you are emotional trader or if you have no experience about trading, then I suggest you to hold your coins for long-term.

[electron-coin]

Of course, everything depends primarily on what kind of coins you have.
If you want to engage in trading, then of course do.
First of all, study all the necessary information about the crypto market and trading on it.  Technical analysis and communication on the forum will help you with this . After you learn basic information, start practicing. Just trade in small amounts.

[karanggatak]

in my opinion the two strategies are a good strategy to do. but if for example I have a few coins that you have, I prefer to trade daily. in my opinion, with daily trading, it will be faster to earn income, taking advantage of the current market instability.
all strategies in cryptocurrency will have risks, but if you are too afraid of risk, you will never step.
To be a good daily trader, I feel that I have to be patient and careful when I want to move. and don't be a greedy trader, who always wants to make a big income.

[LuvCyanide]

You can trade in a growing market. In a falling market, I would not trade and risk in the absence of experience.