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Author Topic: which is a good option?? Trade or Hodl  (Read 2322 times)
Shimmiry
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August 16, 2020, 11:33:35 AM
 #61

It will highly depend on what coin you are planing to invest. If it is bitcoin, for me the best option is to trade it because as what's on the market, we are bitcoin's value is like a roller coaster.
So it is better wait for it to go down, ride on it, and then wait until it reached the top again.
Holding is still a good option, but I see buying and selling for now as the best thing to do.

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August 16, 2020, 11:45:52 AM
 #62

I think trading and holding are equally good, depending on our individual tastes. Trading is much better for me,
because I like cryptocurrency prices which are very volatile. Can make a profit by taking advantage of volatile
prices. However, trading futures with leverage is not a good choice, because the risk is very large. I prefer
regular manual trading. Even though the profit is not that big, it is at least safer than trading with leverage.

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August 16, 2020, 12:01:15 PM
 #63

I personally would prefer to store coins for a certain period of time but before I choose a token or coin that I want to save, I have to know about it and the reason why I should keep it, for futures trading I don't like it and for me who is not very experienced it is very risky for me, this is in my personal opinion
Both did not guarantee any profit  unless will be able to monitor it, sometimes storing for long did work out as companies changes their goal and didn't able to survive in the market that long as well in trading if we will not be able to trade properly, monitor na chart there might be more lose that profit. Between Hold and Trading, this will depend on us. Now I prefer trading as some of my holdings before considered as shitcoin now.

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August 16, 2020, 12:54:13 PM
 #64

I personally would prefer to store coins for a certain period of time but before I choose a token or coin that I want to save, I have to know about it and the reason why I should keep it, for futures trading I don't like it and for me who is not very experienced it is very risky for me, this is in my personal opinion
Both did not guarantee any profit  unless will be able to monitor it, sometimes storing for long did work out as companies changes their goal and didn't able to survive in the market that long as well in trading if we will not be able to trade properly, monitor na chart there might be more lose that profit. Between Hold and Trading, this will depend on us. Now I prefer trading as some of my holdings before considered as shitcoin now.

If where your instinct pointing you and  if you feel dealing with any from both strategy. Looking for the reason on how to take
advantage of this business, holding or trading both can bring benefits if you know how things works. Best to analyze and make
sure to whatever option you pick you are willing to take the risk and you are ready to any outcomes.

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August 16, 2020, 01:24:37 PM
 #65

It depends maybe HODL works for me but not for you, choose which you prefer  and make profit the most. If you are still confused which of the two why not just do both responsibly. For me, I prefer to HODL I got stress something in futures which really occupied my time checking now and then while if you HODL you can sit and relax and wait for your coins to grow in values, but make sure you are holding a reputable coin not just random coins.
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August 16, 2020, 01:43:45 PM
 #66

Because I'm not a trader, definitely I'll just HOLD.
Trade or Hold, it will matter on which you think is suited for you. besides, we can have them both because a trader could also become a holder especially during the time of the bearish season and vice-versa, but also to think that many have such difficulties and they are much comfortable of being just a holder alone as the risk is quite low than a trader. And I have considered myself out of it.

We should have to think wisely.

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August 16, 2020, 03:36:05 PM
 #67

I will advise you not to keep any project token especially if you are not ready to monitor the progress of the coin. This is because many projects go inactive and might even get delisted with time. It is better you trade them and hold strong coin such as bitcoin and Ethereum. However, in case you do not know how to trade, It is better you keep holding rather than trading because you might end up losing your coin due to market volatility
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August 16, 2020, 05:10:52 PM
 #68

Trade and Hold both are the part of crypto people.If you can read chart perfectly and know the market and you know what you are doing then trade is the best option for you.If you can choose a good project and you are not that good in chart reading and you have a patience then you can hold .I am not that much of a trader.But i can choose a good project.And normally if any coin goes to dip then if this coin has potential then I hold them for a specific period.But you want to trade daily you should have a lot of time.Thats why I always prefer to hold coin such as Eth,Neo,Stellar etc.So if you buy dip much high reputed coin then you can hold them and you don't have to have any specific knowledge.So my vote goes to Hold.But always remember Holding is not for weak hands.
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August 16, 2020, 05:47:08 PM
 #69

For me it is and will be hodling. I used to trade and took a lesson from it. Trading is a game where you win and lose and as a trader you'll see you're only 60% right. This means that if you know what you're doing you will be making money in the end but you will also be losing some of your earned profits by making mistakes.

When you hodl an appreciating asset like bitcoin you don't have to work for it it just happens by itself. 5 years later you have more money without lifting a finger.
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August 16, 2020, 06:34:30 PM
 #70

The situation changes the answer of this as well. If you are holding right now with bitcoin high, I would say keep holding it is a better option, however remember that time when bitcoin was moving between $9k and $9.5k for a long time? That was a better time to trade because it wasn't doing much.

For example, right now is a great time to hold, however lets assume for another 2-3 weeks the price doesn't move much, it just changes from $11.3k levels to $11.9k levels and does go above or below that, that means it became good for trading and not holding. So, as you can see there is no single answer to that question, it could change from position to position and from situation to situation, that is why no one can give you a full 100% correct answer to what to do right now since right now constantly changes.

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August 16, 2020, 07:45:23 PM
 #71

It will depend on which one i am skill at more. To make a profits every day i must choose trading but if i am not very good at trading then holding is best for me. Besides trading is a way to make a profit in a short time, but holding is definitely the best for a long time. Trading will require more experience as it is not an easy task but holding does not require much knowledge just to catch the best currency.

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August 16, 2020, 08:39:53 PM
 #72

I totally agree that things could depend from person to person, I would totally say that something that works for me may not for work someone else as well.

I rather do long term investments along the way with smaller trades here and there, that is not a unique thing, I have a bitcoin and ethereum investment that unless something major happens I do not plan to touch at all, and that is why I think I will be forgetting that for the longest time, however at the same time I like to dabble with smaller trades and even ICO, IEO type of risky stuff, but those are very risky and 90%+ of the time they do not profit you, so I keep that very minimum, like under 20 bucks per month, maybe one day one of them will worth a lot of money, none has been too good for me so far unfortunately.

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August 16, 2020, 08:44:18 PM
 #73

Trading is more profitable than holding currently as holding can retrace some percentage out of your current profits and make you lose a bit if a token has already reached an all time high and some tokens which you buy when they hit a trustworthy exchange like Binance (a token like CRV) but trading will keep you aware on taking profits when the markets are highly volatile and enter a new token after waiting for the right time and price of that token.
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August 17, 2020, 02:48:36 AM
 #74

If you have good knowledge about trading and you know technical analysis, chart reading then it's good you trade but for those who are new in crypto and don't know technical details or don't have any experience about price fluctuations then it's better to hold. If you are holding good coins then it's also give you good return. Trading is always risky and you need to follow proper risk management because without risk management you can loose all your hard money. Research and gaining knowledge is good before investing in the market.

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August 17, 2020, 03:31:09 AM
 #75

Trading is more profitable than holding currently as holding can retrace some percentage out of your current profits and make you lose a bit if a token has already reached an all time high and some tokens which you buy when they hit a trustworthy exchange like Binance (a token like CRV) but trading will keep you aware on taking profits when the markets are highly volatile and enter a new token after waiting for the right time and price of that token.
The answer is always subjective because of the different perceptions and skills of the trader. There are some who are not skill enough and it is the reason why for them holding is more good than trading but there are some who are good in both fundamental and technical analysis and for them actively buying and selling is more good to them. Actually, it is not a debatable on what's good between the two because at the end of the day,  what matters is if we are making profit from holding or in trading.
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August 17, 2020, 03:55:04 AM
 #76

I prefer to hold because for me its the best strategy to make profit plus I dont have time to frequently monitor the market. Trading needs time and patience, you should be aware of what to do in order to timing the right moment to take profit. When I tried to be a day trader it gave me headaches and stress thats why I chose to hold everytime I buy a coins.

Nevertheless it still depend on the project if it can survive for long period regardless of the status of the market.

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August 17, 2020, 10:28:50 AM
 #77

There are some who are not skill enough and it is the reason why for them holding is more good than trading but there are some who are good in both fundamental and technical analysis and for them actively buying and selling is more good to them.
But you cannot ignore that even people who are all actively trading, also holding bitcoin side-by-side. Because it is a proven method to make big profits in lazy way; just invest into bitcoins and forget it and come back after some years to enjoy multi-fold profits. So, there could be the reason of not having enough skill for trading might be a false one for people to choose holding bitcoin option.

Trading needs time and patience, you should be aware of what to do in order to timing the right moment to take profit. When I tried to be a day trader it gave me headaches and stress thats why I chose to hold everytime I buy a coins.
Like yourself, most people are not having enough time to learn and practice successful trading in crypto space and this must be the reason for more than 60% of bitcoiners to go for holding bitcoin instead of actively trading it. Fortunately they are all making more profits than active traders and that must be the beauty of bitcoin but some people are still not ready to understand this fact and never focus on holding option.

Trading can give you more profit in this situation because the market can move well, and if you can analyze better, you will find the right coin to trade. Maybe you can get a low price so that you can sell it back at a high price later.
Action is too harder than in words Smiley. When the are seeing how much profits people are making from crypto trading, we are really getting motivated to enter into trading but our own results are not that much convincing. It is simpler to say to buy low and sell high but practically we are not able to figure out what is low and where is high Roll Eyes.
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August 17, 2020, 10:41:44 AM
 #78

I would suggest to trade. What is the point of just holding crypto ? You just wait and inflation can "eat" all your earnings. But when you trade, you not only trying to get profit, but also you learn. Knowledge is everything in this world. Even if you lose at trading, you still gain experience. This is more valuable than money.

You mess with the meow meow
You get the peow peow
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August 17, 2020, 10:53:25 AM
 #79

Trading is more profitable than holding currently as holding can retrace some percentage out of your current profits and make you lose a bit if a token has already reached an all time high and some tokens which you buy when they hit a trustworthy exchange like Binance (a token like CRV) but trading will keep you aware on taking profits when the markets are highly volatile and enter a new token after waiting for the right time and price of that token.
Trading can give you more profit in this situation because the market can move well, and if you can analyze better, you will find the right coin to trade. Maybe you can get a low price so that you can sell it back at a high price later. Besides that, you will see that there are so many coins that can be the potential to give you the profit. Once you can get the right coin, you can trade it more than two times because it will be up and down many times.
But my question is, how did you know the potential coins to trade? Guessing on the market is quite hard and that is the reason why I'm prefer on holding than in trading. I always afraid to take a high risk even though they say that high risk possible high profit.

I prefer to hold always than trading, I can't follow the simple basic in trading the buy when the price is low and sell when the price is high. I dont have technical or even fundamental analysis to use. Holding is also profitable without worrying too much, so I prefer on it.

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August 17, 2020, 02:01:29 PM
 #80

I additionally choose to preserve due to the fact there is lots of hazard in buying and selling however keeping is much less probable to be a loss. But there may be a protracted wait to preserve. This calls for persistence there may be not anything to be upset approximately even though the fee is going down as clean as creating a earnings here. Before beginning the buying and selling day you've got to investigate the marketplace positions well. It is usually volatile with the marketplace order however it's far the maximum severe at the start when you have to shop for at a decrease fee.
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