Strongkored
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August 13, 2020, 07:08:19 AM |
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I think people who do HOLD/HODL are those who are stuck on a coin whose price drops while the trader has bought at a high price. I am not a regular trader at the moment because I have other activities to do but if I had to choose I would prefer to hold potential coins but prefer to BTC, ETH and a few other altcoins which I see will rise in the next few months.
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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August 13, 2020, 07:27:11 AM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
If you have Bitcoin, the best for now is Hodl! Because it has good growth throughout history, some risk a small percentage to market or trading speculation, which is quite risky, if you have experience in trading you can take the option, otherwise if you are learning you will not I recommend taking a chance, just play it safe Hodl.
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TitanGEL
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August 13, 2020, 07:45:46 AM |
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Both are risky. First, how you will know if the coin you holding is good? like their about their project, how you can define "good"? A lot of altcoins nowadays that are only good in the first few weeks/months, but after that, slowly dumping off, so be careful. On trading part, you will need a skill here, you need time to learn to trade, learn technical skills, this is also risky. You can minimize the risk if you have good risk management and have good emotion.
Yeah it is true, one of the hardest task for a trader is to choose what coin is good or bad. So how are you going to do that? I will give you an example on how I pick a certain coin that I will use in trading. I first determine if I will do holding or I will just trade in a short period of time after I determine that, I will focus now in the exchange that I will use because there are times where the coin that I will trade is only available in some exchanges and for me it is the matter. And then I will check if thr volume is good for me to really determine if it is a shitcoin or it is one of the potential one that can give me rewards.
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ethereumhunter
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August 13, 2020, 07:58:00 AM |
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If you got the right amount of coin, I mean you got many though not plenty, then do spot trading. Much better to make the most of it instead of waiting for the price to rise because you might wake up missing everything ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . Because for me the tokens nowadays are not the same as the old coins, they can't sustain a stable price for a very long time. Once the large majority of holders dump, you can expect that the coin is already near its down fall. So for me, take a risk and play on the exchange. As long as he knows about trading, he can make a profit. But if he doesn't have that, then I don't think trading will be a good option. But I agree that we need to trade, especially if we believe that we can make a trade like others. If he finally decides to trade, I hope that he can choose the right coins because nowadays, many coins seem to offer a good profit in trading, but the reality that coin needs to wait for some time to increase the volume at the exchanges. Be careful with the risk, and make sure you are not going to use big money if you are not sure you can do.
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DevilSlayer
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August 13, 2020, 11:26:50 AM |
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If you trust in the future of the project coins you're currently holding, then hodl to aim for max profit, plus it's less hassle since you wouldn't need to analyze markets daily. Though it's pretty risky since once someone starts dumping, everyone would probably follow. Normally, both ideas have their advantages, but if you want guaranteed profit, then trading would be better. Hodl is only guaranteed when your coin is actually good, though the only one I would recommend for that would be BTC. Trade, on the other hand, you could see the price changes daily, which in turn, can help you take advantage of the movement.
Still, trading requires a fair amount of skill, so trade on your own risk. Or just sell your coin immediately when you see a profit to make sure you at least have some profit.
You misunderstood what he just said, he is talking about market futures which means it is base on contracts where there is leverages that is offering and not the time period. Trading futures is a risky for me, anyway we have different risk appetite after all so I know that there will be some of you who think future is not risky as it is. I see it as risky especially when I do leveraging, the maximum leverage when I trade is only 20x and for me it is now big. In terms of what is good between the trading or hodl, I prefer to trade than hodl because of the opportunities in the market. I also do holding like right now because the current market is now looking healthy.
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Kelvinid
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August 13, 2020, 12:09:51 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
If you have ample time to trade and have enough knowledge in trading, then it could be a good option but keep remember the high-risk on it. Holding could be the best option if you are afraid of risk and limited time because of having a stable job, or if we don't have skills in trading. You could actually ask yourself what you want in your life. In fact, not all wanting to be a trader has succeeded but most of them had failed, the same thing it happens to hold. If you think yourself aware of this and prepared for the possible consequences, it will never be hard to decide. Because I also decide on my own as what I see into myself and the capabilities that I have.
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mksundip
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August 13, 2020, 12:15:00 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
every choice always has its own risk. You can hold with the consequence that you don't get a fast turnover because you are doing a safe strategy. if you trade, you can get a fast turnover of profit even very high, but you must be prepared for the risk if trading is dangerous if for beginners who do not have the skills
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Mpamaegbu
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Once a man, twice a child!
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August 13, 2020, 12:23:37 PM |
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Is it better to keep good project coins for holding?
Yes, that's right. If a project is good, it's best to keep the coins and hodl for the future. Don't be hasty to sell off. Again, try not to venture into trading if you don't have the requisite skill. Otherwise you will definitely get burnt. Trading isn't child's play. Though it seems easy on the surface, trading goes with mastery set skills if one were to survive and make a living out of it.
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Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
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beerlover
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August 13, 2020, 03:30:29 PM |
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Holding is definitely better, in the long run if you are holding you are going to profit, obviously I am talking about bitcoin here and not some small coin, that could go down and never come back, but bitcoin will always go high in the end, even if it goes low in between, for example I believe it will be over $20k once again eventually as well.
So, I would say hold, hold like your life is depending on it because in some cases it actually might, I had some bitcoin way before 2017 and during those peak times I had some hard times and my family went through something not so nice and I had to pay for it, now I could have taken out a debt and pay them that way and pay the debt back slowly, but you know what I did?
Sold at the peak (lucky for me, people thought it was going even higher) and never had to have a debt. So hold until you absolutely need to, it worths it.
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Renampun
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August 13, 2020, 04:07:52 PM |
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trade or Hodl! both are good... everyone has the potential to become a trader but not everyone has a strong mentality that is ready to lose. everyone has fixed potential Hodler but not everyone wants to keep Hodl their assets when they profit more than 50%. my advice, choose which one is comfortable according to you. ...
I'm a newbie, and I've tried both of these options. I can say that trading is not suitable for everyone. ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) Of course.
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mersal
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August 13, 2020, 04:55:12 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
Holding as well as trading is profitable so choose one of your kind to make profits, but in my opinion holding is still better because the risk involved in it is very less compared to trading so I will pick holding over it but I am also trading when the right time comes. About futures or option or other kind of trading I won't take risk on it because its like betting which we don't have control over it.
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Reatim
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August 13, 2020, 06:21:05 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
every choice always has its own risk. You can hold with the consequence that you don't get a fast turnover because you are doing a safe strategy. if you trade, you can get a fast turnover of profit even very high, but you must be prepared for the risk if trading is dangerous if for beginners who do not have the skills Absolutely right! Whatever option you take there's corresponding effects to your investment, if you choose to continue holding your assets you are choosing to target the highest peak that it can push. While when you choose to trade and you also have good knowledge working with this business, you can still generates profits, but unlike with holding it the chance of losing the opportunities to maximize your earnings is high. The pumped may happened right after you sold your assets and will go to the moon, that's how crypto works better to do deeper assessments with every decision that you'll going to take.
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pankowri
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August 13, 2020, 06:42:06 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
Mostly it depends on how much you want to get from one coins which you will go to invest. If the situation of that coin is good then you can sell it to get some profit, if you are a beginner. If you already experienced and the coins has good future and growth is also good, then you can hold for a long time. So it can be said that it depends on which time period you prefer to use as a trader
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MCobian
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August 13, 2020, 08:42:09 PM |
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If you are a newbie and have no trading experience and skills, you should keep coins for holding. If you are experienced and having good technical analysis and fundamental analysis skills, I suggest trading with leverage can be profitable. Although the risks that must be faced are much greater.
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CryptopreneurBrainboss
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August 13, 2020, 09:06:42 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
What coin are you referencing if I may ask because it seems bitcoin isn't the coin in picture here but if I may be wrong then just like most replies have highlighted, holding has been the best option when it comes to the long term. The profit aren't always coming regularly when you're a trader but with holding there are 99% chances of been profitable as far you can exercise patience to hold you investment until you're in a position you'll be comfortable selling. 90% of traders lose their capital in the market so it won't be advisable to adventure into it if you have very little or no experience. Trading will take alot of time off your hands but with holding, it comes with relaxations when you have research properly in what you're investing into.
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adzino
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August 13, 2020, 09:15:58 PM |
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Depends on you. If you want to make some quick profit and take bigger risks, then go ahead and trade. You need to understand how the market works though. You will need experience on trading. Expect to make losses on your first few trades. Slowly you will start making profit (nothing is guaranteed. You will be taking huge risks when trading. So you will be making losses too). But, if you don't understand anything about the market, then just invest on some well known good coins and hold it for long term.
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harizen
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August 13, 2020, 09:27:18 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
If that project or coin able to meet your criteria (based on your own preferences), that it's worth taking a shot, then you can consider hodling your coins and just fill it up as much as you can. But if you know how to trade and that coin is already listed on an exchange, then play with it on the market. Hodling option should just be considered if you really have a positive view about the future of your coin. But be cautious, even with great and wonderful developments of a certain project in the future, you can't be sure that the project will be a success. It really depends on how I look at a certain if it's worth to hodl or not. To truly give you a better response, may we know these good projects you are referring to? Only BTC is by far, worth to hodl for long for me so continuous accumulation here is a must.
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carlfebz2
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August 13, 2020, 09:38:36 PM |
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Is it better to keep good project coins for holding? or Trade in spot/ futures market in less leverage.
If that project or coin able to meet your criteria (based on your own preferences), that it's worth taking a shot, then you can consider hodling your coins and just fill it up as much as you can. But if you know how to trade and that coin is already listed on an exchange, then play with it on the market. Hodling option should just be considered if you really have a positive view about the future of your coin. But be cautious, even with great and wonderful developments of a certain project in the future, you can't be sure that the project will be a success. It really depends on how I look at a certain if it's worth to hodl or not. To truly give you a better response, may we know these good projects you are referring to? Only BTC is by far, worth to hodl for long for me so continuous accumulation here is a must. All would really be going after with BTC in long term aspects but there are several altcoins that are worth to include on, not to point out those top alts but it is a good diversifying act for us to take. I agree that choosing between the two will always depend on where you do prefer and on which one do make out profits for you.They should stick on where they do make money and consider later on on allocating some for future aspects.If you can trade actively then its an advantage thing compared if you do just simply hold up and wait for the price to increase.
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Majharul Saiif
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August 13, 2020, 11:47:39 PM |
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Both trading and hold are favorable if you perceive how to operate. I prefer trading than hold. Because by trading, agility is developed and remuneration is also formulated. But holding according to the predicament is also a wise thing to do.
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nelson4lov
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August 14, 2020, 12:01:36 AM |
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Both trading and just holding (hodling) are good ways to get involved more with crypto but it largely depends on which you prefer. With trading, you can get quickly get gains on your position in a short amount of time. While holding on the other hand gives room to accumulate even more profits in the long run. So, you first have to assess yourself and ask yourself a couple of questions like:
1. Would you be able to actively trade the market (no distractions / other commitments). 2. You have other commitments but would still like to get a piece of the cake.
Everyone's perspective is different, you just have to figure out which one works best for you and it should fit your trading plan too – availability etc.
PS: If you do decide to be a holder (hodler), You might as well stake them and earn a couple of percentage on monthly basis since most cryptocurrencies these days offer staking rewards.
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