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Author Topic: Trade or HODL?  (Read 2539 times)
bozo333
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April 18, 2018, 03:36:12 AM
 #21

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

You can do both but if you want a long term profits it's better to hold your altcoins, if they have a potential.
Remember there's always a risks in trading, you should control your emotion and trade that you can afford the loss.
Most of the altcoins are not supporting to long term profit because many altcoins are failed in anytime so potential altcoins only runs in long term or better exchange to Bitcoin. Trading also best platform but few peoples only successfully run the right way so we should always alert in anytime then only we can earn more profit and reduce losses.

 
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April 18, 2018, 03:47:59 AM
 #22

in trade we must really know the right moment to enter the market and start buying, so we can determine what steps we will use, day trading or holding.

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April 18, 2018, 05:05:04 AM
 #23

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
It depends on you, but remember that doing short term or day trading is more risky than just holding especially if you still haven't tried doing it before. If you really eager to learn start from basics, but sometimes you just have to try it, to know if you will do good at it because there is no other best way to learn trading than experiencing it. Trading and holding can be done at the same time and that's what I do, I'm not an expert but I can say that you cannot win every trades you do even you are good at it, and sometimes you will end up holding it until it recovers.
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April 18, 2018, 05:13:14 AM
 #24

The best way to learn about trading is through experience, and if you really want to gain profits from the coins you are holding now then why don't you try trading. There are a lot of ways for you to learn the basics of trading, there's youtube for example. But don't go all the way in because you are still a novice to trading, just try it out first and see if it works for you.
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April 18, 2018, 08:02:54 AM
 #25

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

Depend on what altcoins you are actually holding. We can't just give some speculations if we don't know what's on your portfolio as we have "different approaches on our respective coins" based on what are we actually holding.

You will never know what's your winning strategy if you will not actually test some of your trading proposals. This is always what Im saying, "understand the risks" so that you have guts to test what strategy will you do in order to find your "winning strategy". There is no way someone will just told you or advice to do "this" or "that" because in the end, you are the who will control it and not theirs. Maybe others are successful with their way but it will have a different approach once you are the one who will do it.

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April 18, 2018, 08:13:34 AM
 #26

I suggest you HODL it, son... you would never go wrong in HODLing. I can assure you that by December you would gain huge if you HODL instead of trading. Trading could bring handsome profits too, but trust me, you are going to lose badly and that you cannot handle, you'll gonna end up brain dead. Just kidding... Anyway, trust me, in your state - do not trade... you thank me later.
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April 18, 2018, 09:10:41 AM
 #27

For now I don't have time to trade my crypto and I decided to hold my bitcoin and altcoins for long term, I think in the middle of the year I trade it.
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April 18, 2018, 09:14:50 AM
 #28

For now I don't have time to trade my crypto and I decided to hold my bitcoin and altcoins for the long term, I think in the middle of the year I trade it.
I do not think the middle of the year will be a good time to sell all that you own because this is the time when the market moves the fastest. I recommend keeping your Bitcoin and Altcoin until the end of the year when prices are about to begin as this is the best time to sell them.

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April 18, 2018, 09:15:19 AM
 #29

If you don't have any basic then just hold, while you hold you can learn to trade, trading is the most profitable way to earn and by participating in trading you can help crypto grow larger, trading without basic is just the same with gambling  no matter how much you got you will end up losing your money
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April 18, 2018, 09:18:29 AM
 #30

I suggest you HODL it, son... you would never go wrong in HODLing. I can assure you that by December you would gain huge if you HODL instead of trading. Trading could bring handsome profits too, but trust me, you are going to lose badly and that you cannot handle, you'll gonna end up brain dead. Just kidding... Anyway, trust me, in your state - do not trade... you thank me later. You will never know what's your winning strategy if you will not actually test some of your trading proposals. This is always what Im saying, "understand the risks" so that you have guts to test what strategy will you do in order to find your "winning strategy".

There is no way someone will just told you or advice to do "this" or "that" because in the end, you are the who will control it and not theirs. Maybe others are successful with their way but it will have a different approach once you are the one who will do it.
No, guys, you are absolutely quite wrong about that. Actualy, there are no good or perfect time to buy or sell btc. As long as you know the basic knowledge of crypto, you will notice that it is very easy to buy and sell btc. It is absolutely can. Bitcoin has already change so many people's life. Bitcoin has give us financial freedom and give us so many opportunity. I think everyone already knows that cryptocurrency will become very popular in the future and many people will get acquainted with crypto. I guess I can only give an opinion that a country that can see the opportunity and want to take advantage of Bitcoin will have a huge advantage.
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April 18, 2018, 10:33:36 AM
 #31

both are a good way to grow your money, if you have big capital then buy bitcoin or ethereum and do hold but if you only have small capital then do trading to develop your capital

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April 18, 2018, 10:36:18 AM
 #32

You should continue investing, by searching for coin that you believe to be trusting (such as BTC or ETH) to continue buying into your wallet. At the same time, coin you are, you should keep them, you should not sell. I firmly believe that in the next few days, prices of BTC, ETH, as well as other altcoin will increase again.

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April 18, 2018, 10:48:57 AM
 #33

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
You already know you can't trade so why come here to ask that question which you already know the answer again. I think that you are trying to shamelessly spam here.
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April 18, 2018, 11:01:23 AM
 #34

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
indeed if we want to learn to trade there is no harm too, if we want to trade it must have experience first, but you can try to sell some altcoin for you can learn to trade, if I think this time is the right time for you to learn to trade, because if I see the coins in the market little by little has started to raise the price, good luck to try it, and hopefully you get a big profit.

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April 18, 2018, 11:11:19 AM
 #35

HODL strategy is dangerous because many non-working currencies may disappear or their price will be zero. You need to analyze when the time is right to sell.
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April 18, 2018, 11:20:16 AM
 #36

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
For me, it is much risky of day trading compare to HOLD. Trading is really risky because it will take more time and more funds if you want to get more profits. You should be the best in reading chart, you need time and patience watching the price everytime. Good luck, its still your choice.

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April 18, 2018, 11:22:20 AM
 #37

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
If you have a decision to trade, you can do it now. But keep in mind trading in cryptocurrency is not like you trade in the real world (buying and selling goods) and not like in forex as well. Trading in cryptocurrency is very different and risky. Time to sell and time to buy will determine you to earn a profit. And altcoin types also affect your income, so choose altcoin a good for trading.

You must dare to take risks, all trading a coin in cryptocurrency is not safe if you want to save you should hold it. Learn more about trading so those thoughts about the risks you have on your mind diminish. The average person who has investments in cryptocurrency he will trade as well, you should try it.

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April 18, 2018, 02:22:24 PM
 #38

Thanks for all the response, folks. I cannot reply to each of you so maybe I'll focus on what people want to know.

My Alts: COV, TBAR, VST, and LALA

For those telling me to just HODL, yes I am decided to HODL TBAR and COV, and to those people asking if I want to enter trading, yes, I am eager to learn but not willing to risk a lot from my holdings.

I want to learn the basics so that while I am waiting for the market value to rise, I can invest new learning about crypto and hopefully earn a profit.

I just don't know where to start or what are the things that I should consider in learning the basics.
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April 18, 2018, 02:34:43 PM
 #39

If you have funds then go try it, if it's something you really want to learn and you have the capital then go ahead and do it. Before you trade make sure to study and research the basics and the fundamentals also be updated on the news. And trade your alts in trusted exchanges sites.

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Ninciabr
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April 18, 2018, 02:40:59 PM
 #40

If you have nothing to do, you can trade a little. You better do it on a demo account. Unless you want to lose your money.
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