Coinmarketexpert:Do you trade, HODL or both?

[pawanjain]

I used to trade a few years ago but lost a lot. May be trading is not meant for me or may be I was not doing it right.
Since them I am just holding steady to my coins and have been really patient with it.
I might give trading a try again in the future but currently don't find the time to do so 

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[samcrypto]

The market is down and I become a long term hodler because some of my coins are down and I don't have enough time to trade and chase the trend of the market. TA and FA are really helpful for you to distinguish whether its ok to trade, hold or not. Though being expert in this market is not an assurance that you will not lose money because of higher volatility you must weight in if you're going to hold or not.

[Kencha77]

I've known cryptocurrency for about 3-4 years already and I spend most of the time holding different long term coins like Bitcoin, Ethereum etc. If I remember correctly, I spent almost 1 year trading and as a result just like other newbies and greedy shits I also lost all of my capital that is why I stopped trading right now and focused on holding.

[k@suy]

I trade then I hodl the coins that I bought. The first thing that I am doing is researching for the latest trend about that coin then I will look to the number or traders together with the volume. I became a long term hodler because of the unstable market now. It is risky, but its okay the fruit of this patience is success.

[davinchi]

I trade then I hodl the coins that I bought. The first thing that I am doing is researching for the latest trend about that coin then I will look to the number or traders together with the volume. I became a long term hodler because of the unstable market now. It is risky, but its okay the fruit of this patience is success.

You sure simply correct about that, patience is the main thing that we must have here or else, we will just be frustrated for nothing because of the market situation, it is a worst situation to trade right now and I am presently just doing more of accumulation of solid coins this period pending when the coins decides to give way fully for the bulls.

I know that bullish trend will come again, I don’t know how or when and it is because of these uncertainties that we should invest in the coins that we can trust right now. No matter how bad the market may be, it will never take more than two years before the altcoins season comes and before bitcoin bull run start, so our joy should come in within the next 2 years more and I think that is not too long for us to be patient with.

[Shasha80]

Personally, I do both trade and hold. For bitcoin I will hold up to $ 12,000. After I sell the bitcon that I have
at $ 12000, I will enjoy a decent profit. For altcoins I choose trade because for altcoin I play daily trading.
For altcoin, I play BNB, ETH, PHB , BSV, BCD, LTC, and LINK. That's all I used to play trading daily, taking profits
around 2%. Especially for DOGE I hold it, because the Doge coin has slow movements so it's hard to play day trading.
By the way i have seen your site at  https://coinmarketexpert.com/. That's awesome and good, i like your technical analysis
and educational guides in your site. Thanks for sharing.

[ecnalubma]

I do Hodl but do trade depending on situation and circumstances. I find it hard to day trade due tight schedule and needs a lot of time and skills which I don’t have 😂. But when I Hodl I don’t feel affected by the daily price movements considering it safe.

[sana54210]

Welcome here, in one of the best forum about Bitcoin.
HODL and TRADING are really much different, that's why there are a lot of people are confused here, just what I experienced last week;
There's a friend of mine asked me what is Bitcoin and how you will earn money with Bitcoin. Then I explained to her the basic of Bitcoin, then I differentiate it to her the HODLING and TRADING. So, that's all.

About your question, mine is also both. I do trading sometimes but most of the time I'm HODLING, since my portfolio is more about like 50% Bitcoins and 50% fiat. I know, both of these methods are also risky.

Everyone wants to virtually come into the cryptocurrency space to just make money because they hear that it is a place where we share national cake and no one really wants to care about the main reason why cryptocurrency was created, and this has really been the reason why we are not growing.

Because, the majority of people that we see in the crypto space today are just more of how much they can earn from the amount they put in the market, so they just invite people also to put money into the market and wait, meanwhile, holding does not do the market much good the way using it as payment tools and trading with it will also do, if not for trading that we have many people also use it for, I think the market may have collapse by now based on just holding.

[aysg76]

I do Hodl but do trade depending on situation and circumstances. I find it hard to day trade due tight schedule and needs a lot of time and skills which I don’t have 😂. But when I Hodl I don’t feel affected by the daily price movements considering it safe.

Yeah, day trade involves a lot of time and devotion so for me, HODLing is the most preferred. Holding doesn't consume as much time on the daily basis and has nothing to do with the day to day fluctuations yet for that all you require is patience. But also at times, I do some trading when I'm in the need of some instant money and that also proves successful to me...

[Ridwan Fauzi]

I just prefer to hold then I do trading thus far, I still confused when I do trading and I just got a little money on it although I have ever thinking that to do trading I should have a more patient and also I should make more entry but I don't like it since I'm not a daily trader.

So, most of my money I just keep for long term holding although it depend on the market itself. I'll sell if the target price that I wanted has been achieved and I'll make strategy when bitcoin price goes down again. Just it, I feel comfortable to pass this strategy and I have much time to read an useful information about cryptocurrency and sometimes I choose some start-up based on blockchain technology for investing.

[Wapfika]

I do both depending on my alts performance or alts that I have. I usually hold my BTC and just do trading in alts, depending on their performance, though not regularly, I guess only those who have free time or not committed in office jobs will be able to do trade with a bigger profit. My typical crypto setup is I hold first then wait for some news that will only trigger in price increase in that moment. It will all depends on the project or alts we must have time to read updates of what we hold if we are unable to do regular trading.

[o48o]

*snip*
And we are curious to know whether you HODL or trade Bitcoin? Or perhaps do both?
*snip*

I hodl most on my bitcoin, some i got in 5x long on the bitmex, some i use for swing trading altcoins just to gain more bitcoin. I haven't shorted bitcoin so i can't say i am even trading it. Just against alts or buying it.

[Google+]

depending on the situation and market conditions, when price movements in the market are very fast like 2 years ago then I will trade short-term with a very fast time as long as I can get the debt, but when conditions like now then I will only hold and wait until the price becomes expensive because trading in conditions that are not good like this will have a very high risk.

[Darooghe]

HODL is the best strategy but that doesn’t mean you should never take profit.

I would suggest a strategy based on the market cycle between BTC and Alcoins. If your willing to put in the work it’s fairly easy to increase your BTC position by speculating on Altcoins. Learn the market cycle and try not to over trade or be greedy. Only risk 10 percent of your BTC at a time and aim for 3-5 percent gains, and use stop losses. then try to sell the top. it's not easy at all, but i would advise you to look at the monthly RSI on btc/usd, so far it called the top and bottom of the last market cycle.

Most people lose money because the way the markets move always makes your emotions try to get you to make the wrong move. this is why the patient win. In other words, your highest chance of success is just to HODL or sell at targets. Hence save and HODL most of your disposable income, and play with a small amount.

[Best Dreams]

*snip*
And we are curious to know whether you HODL or trade Bitcoin? Or perhaps do both?
*snip*

I hodl most on my bitcoin, some i got in 5x long on the bitmex, some i use for swing trading altcoins just to gain more bitcoin. I haven't shorted bitcoin so i can't say i am even trading it. Just against alts or buying it.

Ut means to get more bitcoin you act like a whale in market I think instead of being a whale you should hold your own coins and trust your trading skills. I like to hold and I never think about selling as selling even to shake the market it’s risky one should have guts to keep holding your coin until you believe that your trading is now good.

[DeathProxy]

I do trade and hold.  Due to my tight and busy schedule i find it difficult to do day by day type of trade. I just make use of Blockfolio app where i set my target for sell and buy and get notification when it hits ny target.  In essences i swing trade even while holding i do this to increase my amount of token am holding and make more profit even as i hold

[Renampun]

right now I'm more focused on "HODL" and not trade too often anymore,
not because I feel the market is not profitable again, but right now I'm focused on taking care of my child,
she was suffering from an illness, so my time was taken for her,
if she has recovered, I will trade again.

[adroitful_one]

I try to do both. No sense in having your coins just sit in a wallet doing nothing. I prefer to try and increase my holding position by trading while holding the coins long term. If you can predict a price downtrend coming, it's not a bad idea to sell out what you got and buy back in whenever the price drops. You essentially end up getting free Bitcoin that way. Since there's no staking or anything, it's really the best way to build up a position.

[syamster]

I do both hold and also trade bitcoin on a small scale. I only trade 50% of the bitcoin assets that I have and the rest I keep. I think now if we just make a deposit it might not be easy to bring in profits, we might be able to trade a little and play bitcoin so that the profit is on our side.

This is wonderful that you are doing both, as trading is superbly profitable if done on a right time. If we have money we should hold our coins and as per recent condition I like only holding as price is low and it is rising gradually. That’s why right now only holding is good for us. just have patience and hold, after few month it will be trading time when price is at peak.

[jazmuzika217]

Honestly I do it both. Hold and trade. To be pratical while the price of bitcoin is still down. I try to trade even in a small income to survive while waiting to the coin rise. And I am holding some coin to be safe even I got loss in trading I have a chance to recover when the price will rise again.