CryptocurencyKing
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July 01, 2021, 06:38:52 PM |
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The difference between crypto going 100% in 24 hours and having a long term investment is that you could make 100x return without realizing. My friend just got 3600 dollars from some investment he made in 2017 back in the day, he invested only 50 bucks to it, he didn't check it or looked at it ever since, he is that kind of long term investor that goes out and buys hundreds of coins in 50 bucks and just leaves them be, he has thousands of dollars in btc-eth-bnb but aside from that it is all 50 bucks investments to over 100+ coins, probably closer to 300-400 coins by now. That's the beauty of the crypto field and not just the crypto field but taking advantage of a growing field and investing in a properly researched and verified project to be viabel coupled with having the ability to wait on it till it actually becomes something of real value. Aside from actually investing in a particular project in the crypto space and having that patience to wait on it, you also need to try as much as possible never to forget the details to its accessibility. We've heard issues of private key or seed phrase been misplaced or forgotten and that sort of thing. For altcoins, it might not be Keys but, actually knowing that you had invested in a project stored away some place and the password to it is another vital aspect of getting the ROI for that investment otherwise, its worthless.
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Fredomago
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July 01, 2021, 06:42:43 PM |
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Both of them are good and anything can work. People talk about ways that works for them. It’s not like you haven’t also seen traders that are saying day trading is far much better than HODL? So anything can work, if you believe that Hodl is the way to go for you, then you should focus on that and work hard towards cashing out through that method.
And moreover there are people who have tried to HODL and they never benefited from it, rather they end up losing so much more, even though the tax you have to pay for it is less. What matters the most is finding what would work the best for you before you talk about what next. If you find what works for you, then you talk about tax and how you can handle that.
It's about how well you anticipate and how good you control your emotions, yes both are possible and workable, it will depend from how you execute your chosen system. Daytrading take long time inside the exchange, you need to monitor the movement from time to time to make sure that you'll going to have better assessment and make things favorable to your position. While with holding, it gives you more time to for your personal needs. as long as you are done setting up your target then you are good to go waiting for your assets to hit your position.
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South Park
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July 01, 2021, 09:52:00 PM |
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Holding potential coins when the price is low is the best method for those who do not have the ability to trade on a daily basis, or do not have the skills. As for daily trading on the platforms, it requires you to have good analytical skills, along with reliable sources, so you can be successful.
You also have to be active most of the time in the market to check different types of indicators that may affect the market. Such as news, bad and good, and other indicators that you may seem to be good at watching. Holding is easy for those who do have a lot of things to do. You just have to choose and buy those potential cryptos that you may find and think that suit your investing appetite. And when you're good to go, you need to wait until it goes into fruition and the price for those cryptos you're holding are going to pump. Usually, the best crypto to hold is none other than bitcoin. You'll never go wrong having it as the best choice to hodl. This is what eventually burns out those that choose to be traders, even if you are a winning trader it is widely known that many retire just after a few years of being on the market and the reason is simple, watching charts for many hours each day is something that we are not really made to do as humans, monitoring is not one of the strong points of humans and having to do this every single day for years is incredibly taxing to the point people cannot take it and eventually decide to become investors instead.
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iged_war
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July 01, 2021, 11:34:42 PM |
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Both trading and holding is a good way to earn in crypto if you want to have earning every day then you need to do trading because in holding you need to wait for a very long time before you earn. I prefer to do both trading and holding depending on the coon, because there are fast moving coin that is good for trading and there are slow moving coin that is good for holding.
doing both of them will give us daily earning and long term earning. daily trade could happen if we have good skill trading , and our market entry have lower risk and bigger profit opportunity. in daily trading we will find alot opportunity if we see support and resistancein chart , take it will give us profits.
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sarmrakib
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Play-To-Earn NFT Game
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July 02, 2021, 03:43:22 PM |
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Both trading and holding is a good way to earn in crypto if you want to have earning every day then you need to do trading because in holding you need to wait for a very long time before you earn. I prefer to do both trading and holding depending on the coon, because there are fast moving coin that is good for trading and there are slow moving coin that is good for holding.
Its not a good idea to do both equally .I think both are profitable but you have to be more wise on everything .I wanna say that you need to have vast knowledge on day trading even you need to have much amount but remember it is always risky .You can loose all you fund in a day if you don't set everything properly .On the hand holding is much easier than trading but you need to choose the right and potential project which can give you a good return quickly .So that it is better to hold coin if you are not good at day trading and much fund as well .
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MinoRaiola
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July 02, 2021, 07:52:48 PM |
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Behind every trading profit stands another user's trading loss. Likewise, behind every loss of one's own there is gain for someone else. Those who trade can deduct something from each of their profits or offset them against losses. It's because of the tax. As Hodler, we trust that cryptocurrencies will play an important role in the future. We focus on the future and plan investments for the long term.
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Kelvinid
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win lambo...
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July 02, 2021, 08:36:33 PM |
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Behind every trading profit stands another user's trading loss. Likewise, behind every loss of one's own there is gain for someone else. Those who trade can deduct something from each of their profits or offset them against losses. It's because of the tax. As Hodler, we trust that cryptocurrencies will play an important role in the future. We focus on the future and plan investments for the long term.
Once tax will be imposed on all crypto holders, it will add something to the burden for all, not only for the holder but also for traders. if that time has come, it definitely changes their mind knowing that they can pay taxes more if they will hold a long time, and instead of earning some profit it looks like they will get nothing as they are paying taxes. But anyway, I don't go that farther. Daytrading and holding? Well, choose the thing that you think you can make a good play. Remember that not all holders are rejoicing after several years of holding, many get disappointed. And the same with trading were not all become successful.
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dothebeats
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July 02, 2021, 08:46:35 PM |
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doing both of them will give us daily earning and long term earning. daily trade could happen if we have good skill trading , and our market entry have lower risk and bigger profit opportunity. in daily trading we will find alot opportunity if we see support and resistancein chart , take it will give us profits.
You wouldn't want to do both on the same asset unless you have tons of money to spare. They move in both directions, and when they are down, you will most probably think of selling them even at a loss just to minimize the losses you will incur. The chances of you losing money in this move is greater compares to you just choosing one strategy to live with. But of course it has its exceptions. If you are a good trader and you understand the market greatly, you will not be pressured to sell anything.
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Fivestar4everMVP
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July 02, 2021, 08:49:41 PM |
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Well for me, holding this the key, even CZ of binance said it that if you can't hold, you can't be rich, I prefer to hold and forget about them in my wallet than trade, even if I was going to be making millions trading, I still will hold.. Sorry I definitely will trade if am very sure I was going to be making millions every month , but then, as long as I have no assurance that am Goin to the making profit from trading, I will rather hold and wait for my target price to sell, this is based on my personal experience with crypto since 2015 I joined this space.
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john_nautica
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July 03, 2021, 03:01:28 PM |
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They hold for reasons unknown and one is that to delay until the following Bullrun will come, it requires months or a long time contingent upon the circumstance. The beneficial thing about holding is less pressure for the holders, they simply sit and trust that the ideal time will sell and make a benefit from it. This is the motivation behind why a great deal of them are losing as opposed to acquiring benefits. Day exchanging is anything but a simple peasy task however.
Time is the primary focus when holding, for some it may be shorter, but some will have to wait longer like what you have stated. And I agree, because it took me a long hard year before I profited with my holdings. My say is that patience and faith are what needed in holding, while knowledge is vital in trading. If one is weaker on the other aspects, then choose the latter, but either way both have risks.
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South Park
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July 05, 2021, 10:00:29 PM |
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Both trading and holding is a good way to earn in crypto if you want to have earning every day then you need to do trading because in holding you need to wait for a very long time before you earn. I prefer to do both trading and holding depending on the coon, because there are fast moving coin that is good for trading and there are slow moving coin that is good for holding.
Its not a good idea to do both equally .I think both are profitable but you have to be more wise on everything .I wanna say that you need to have vast knowledge on day trading even you need to have much amount but remember it is always risky .You can loose all you fund in a day if you don't set everything properly .On the hand holding is much easier than trading but you need to choose the right and potential project which can give you a good return quickly .So that it is better to hold coin if you are not good at day trading and much fund as well . I also think that doing both is going to be incredibly difficult and this is because you need two different skill sets that are completely opposite to each other, for example if you are a day trader then you need to take fast decisions and implement your trading strategy perfectly without any flaw, while a holder should not react to the small movements of the market and just accept that there are negative days, weeks and even months, as we can see the strategies run opposite to each other and doing both at the same time will be incredibly difficult if not outright impossible.
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Quidat
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July 05, 2021, 10:16:24 PM |
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Both trading and holding is a good way to earn in crypto if you want to have earning every day then you need to do trading because in holding you need to wait for a very long time before you earn. I prefer to do both trading and holding depending on the coon, because there are fast moving coin that is good for trading and there are slow moving coin that is good for holding.
Its not a good idea to do both equally .I think both are profitable but you have to be more wise on everything .I wanna say that you need to have vast knowledge on day trading even you need to have much amount but remember it is always risky .You can loose all you fund in a day if you don't set everything properly .On the hand holding is much easier than trading but you need to choose the right and potential project which can give you a good return quickly .So that it is better to hold coin if you are not good at day trading and much fund as well . I also think that doing both is going to be incredibly difficult and this is because you need two different skill sets that are completely opposite to each other, for example if you are a day trader then you need to take fast decisions and implement your trading strategy perfectly without any flaw, while a holder should not react to the small movements of the market and just accept that there are negative days, weeks and even months, as we can see the strategies run opposite to each other and doing both at the same time will be incredibly difficult if not outright impossible. Does holding do need some separate skill set? You are just doing nothing when you are hodling this is why i dont see any problems if you do tend to do both things where you do have funds allocated for Daytrading and you do have funds allocated or saved up for simply Hodling for the future possible gains.So you can actually do both if your time and funds permits you because it isnt really that much difficult aside on day trading which it is something that everybody could handle out this is why majority is really ending up on holding because daytrading is something needing some skills and experience throughout the market.
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Tervelatuk
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July 06, 2021, 02:58:43 AM |
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Holding can be a good investment strategy but we should be careful about choosing the best crypto for holding. A lot of people are not interested to involve themselves on trading and they are holding different crypto to earn profit. Both are good for different types of people.
holding suitable for long term purpose, if we shoud do deep research we will find which project were worthed to hold for long term investment. and dont forget holding need good mentality which is used to face uncertain market and bearish market. some investors want to be long term investors but they didnt prepare this factors.
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blockman
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July 06, 2021, 09:43:55 AM |
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holding suitable for long term purpose
Holding is really long-term. You don't call holding if you're just doing it for the short time. That's why most people are telling to hold and that means that you must hold it for a long time and not for the shortest time that you can ever think of. if we shoud do deep research we will find which project were worthed to hold for long term investment. and dont forget holding need good mentality which is used to face uncertain market and bearish market. some investors want to be long term investors but they didnt prepare this factors.
What you've said is true. There are investors that preferred to become a holder yet they are still uncaught by the market whenever they see a plummet. They're not prepared for it and just probably jumped into the bandwagon which made them realize that it's not an easy thing to do because they think that it seems easy but it's not.
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Distinctin
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July 06, 2021, 12:28:48 PM |
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Holding can be a good investment strategy but we should be careful about choosing the best crypto for holding. A lot of people are not interested to involve themselves on trading and they are holding different crypto to earn profit. Both are good for different types of people.
holding suitable for long term purpose, if we shoud do deep research we will find which project were worthed to hold for long term investment. and dont forget holding need good mentality which is used to face uncertain market and bearish market. some investors want to be long term investors but they didnt prepare this factors. You have to understand what you are doing, that's why it's necessary to make complete research before investing as holding might result in panic to an investor who has no deep knowledge about crypto. If an investor understands the volatility and manipulation, he would not panic in any situation, even in a bullish situation, he will remain focus on his goal.
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Xhong54
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July 06, 2021, 04:10:00 PM |
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If one is a good trader and has enough capital, there's even no question whether to trade or to hold. Trading will give more gains.
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yohananaomi
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July 06, 2021, 04:26:30 PM |
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Holding can be a good investment strategy but we should be careful about choosing the best crypto for holding. A lot of people are not interested to involve themselves on trading and they are holding different crypto to earn profit. Both are good for different types of people.
holding suitable for long term purpose, if we shoud do deep research we will find which project were worthed to hold for long term investment. and dont forget holding need good mentality which is used to face uncertain market and bearish market. some investors want to be long term investors but they didnt prepare this factors. You have to understand what you are doing, that's why it's necessary to make complete research before investing as holding might result in panic to an investor who has no deep knowledge about crypto. If an investor understands the volatility and manipulation, he would not panic in any situation, even in a bullish situation, he will remain focus on his goal. the main principle is to get rid of whatever will happen on the way is "panic", because it will make whatever you are about to do can change from predictions that have actually been carefully designed. we must know that in crypto everything can change quickly and there is nothing we can do about it. Deep knowledge in crypto is really needed but experience in overcoming some problems cannot be ignored, because based on experience that we often do, then any critical thing will not make us "Panic", because that will actually make everything change without us can hold it.
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kapalmabur
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July 06, 2021, 04:46:40 PM |
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Holding can be a good investment strategy but we should be careful about choosing the best crypto for holding. A lot of people are not interested to involve themselves on trading and they are holding different crypto to earn profit. Both are good for different types of people.
holding suitable for long term purpose, if we shoud do deep research we will find which project were worthed to hold for long term investment. and dont forget holding need good mentality which is used to face uncertain market and bearish market. some investors want to be long term investors but they didnt prepare this factors. You have to understand what you are doing, that's why it's necessary to make complete research before investing as holding might result in panic to an investor who has no deep knowledge about crypto. If an investor understands the volatility and manipulation, he would not panic in any situation, even in a bullish situation, he will remain focus on his goal. Before deciding to dive into the world of cryptocurrencies, we must at least have capital knowledge about cryptocurrency, either day trading or holding i think it can make profit and it all depends how we do it, The cryptocurrency market is indeed very volatile and indirectly it can make us panic
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Fredomago
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July 06, 2021, 06:48:53 PM |
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Before deciding to dive into the world of cryptocurrencies, we must at least have capital knowledge about cryptocurrency, either day trading or holding i think it can make profit and it all depends how we do it, The cryptocurrency market is indeed very volatile and indirectly it can make us panic
More on doing your research before you move forward, the volatile nature of this market can serve as your friend or it may on the other side around, Both long and short term investment will work depends from how you understand and how you aimed for your goals, lots of newcomers losses their money due to fears that they've encounter seeing that the market is not moving according to the directions that they've anticipated and then take the wrong decision and regrets after. DYOR is always the key to lessen the chance of losing your money while you are inside this business.
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dustboy
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July 06, 2021, 07:35:50 PM |
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If one is a good trader and has enough capital, there's even no question whether to trade or to hold. Trading will give more gains.
Not always, it has been proven that holding may give you huge profit. Simple example is bitcoin itself, imagine if you buy few btc in the past when it was very cheap and you sell it when it is on its ATH. This give you so huge ROI. The difference between daytrading and Holding is obviously about the time you spend for these two activities. You spend less time on holding but you need to wait long time to make decent profit. While trading on other side requires you to spend more time but you may get nice profit in short period of time.
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