Hoddle or day trading

[globalpain]

For right now I only hold and I use some coins which I make long term hold for staking or farming, some coins I hold like Cardano, TRON, MATIC and CAKE I am optimistic that these 4 coins will skyrocket soon in 2022 so I will hold and use it for staking.

These four coins do have the potential to continue to grow and I am aware of that,
whether it will happen in the near future or not I do not know for sure what is clear must follow its development,
in 2022 I hope it can be one of the best years for cryptocurrencies we'll see

[rahmad2nd]

I have many experience become holder in some altcoin and try never hold any coin any more because almost my holding coin always dump and try to get profit with daily trading and become holder when price dump, is have chance to sell although raise up just 2% or 4% I keep selling, last one hour I success sell Alpaca coin although raise up few percent only, my fund about 5,000$ for trading in alpaca and only take profit about 200$ and not really heavy for me to sell although get profit few percent, I try how to be consistent earn profit every day without become holder for long term again.

[Wildwest]

If currently the coins you hold are experiencing profits then it would be nice to sell because currently the value of crypto is decreasing let alone coins that are in ICO projects, but there are also some projects that we can indeed rely on for the future then you should consider what coins you are holding, if the coin has high potential then maintaining is the best way to get a bigger profit, In this case we must have a high level of confidence and patience because the market is declining.

[Tellek Garing]

Well, we have a hard load of experience in the past I also hold a large amount of a token during a Pico when the price was at its pre-sale time, and when the token got listed its price was high but before we could know it crashed and since then I have kept holding.
But if I have traded the token at that time and developed good trading skills.

[chakhigh]

Many will tell you day trading is a riskier option than holding.
Bue, honestly speaking it all depends on your expertise in trading, and how much money you have or can afford.

It is a personal challenge. I can tell you holding solid project coins/tokens is more profitable in the long run. But, you can lose if you choose the wrong/weak project.

Staking is a good option for extra income too. If you are familiar with the hedge funding method (like the decentralized one suggested by the new Ferox Advisers project) then it is a better option than trading without a clue.

Trading requires you to understand a lot of dynamic temporary variables.

[maartenhaha]

If I was at your place I would have sold them off long time ago since every time the trend would change and the old coin projects would become dead.... So it's better to go with the trend coins and you should sell them off right away and book the profits from those coins

I will also do the same for take profit after profiting from ICO, not all coins from ICO are worth holding long term and some hold only Q1 when the team plans to list on top exchanges. Take profit is the main point of every new coin trade.

[gabbie2010]

I prefer to hold, I buy a lot of coins and when there is an opportunity for staking then I use it for staking, I think long term hold and staking is more profitable with less risk than daily trading.

To avoid any unnecessary risk the best bet for the OP is to keep hodling or better still stake it as you rightly said, trading without any prior knowledge will amount to losing all the portfolio, those two options are preferable for any crypto enthusiasts and less risky though earning reasonable amount of profits might take some times and requires patience however in a long run it really worth it, in addition it is always advisable to research on the coin before investing in a bid to hodling it for a long term perspective because there are numerous scams projects in the ecosystem.

[oemar bakrie]

of all the assets owned, if now it just stops at that price, it's better to let go and start buying new tokens if the initial interest is to get profits every day, because crypto in my opinion must be patient in seeing market developments, and that's where we can.become and get big profits with little initial capital..

[Wiwo]

of all the assets owned, if now it just stops at that price, it's better to let go and start buying new tokens if the initial interest is to get profits every day, because crypto in my opinion must be patient in seeing market developments, and that's where we can. become and get big profits with little initial capital.

I guess sometimes one needs to stop and have a reflection on the benefits of the project you are about to invest in some funds are better left in stable investments like Bitcoin because lots of these new projects are full of scams and delays in following the road maps.
But if you can fine any ico project that has a short time road map it's a good idea to invest in them.

[casperBGD]

day trading is for professionals, bear in mind that only 3% of day traders are close to being positive, and only below 1% can live from day trading
it is as far from the truth as possible that someone without great financial knowledge can beat the market

combination of hodling and taking profits at some points is working best for me, but you should find your own strategy

[mirakal]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

You can't make money from altcoins that are dead but you can profit from coins that are still active now if you are good in short-term trading now.  It's not necessary to trade them all, you can still hold a portion of it and wait for the next bull run, eventually, the market will be bullish again as that's part of the cycle, you just have to wait at the right time, that's why patience is necessary.

[milewilda]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

You can't make money from altcoins that are dead but you can profit from coins that are still active now if you are good in short-term trading now.  It's not necessary to trade them all, you can still hold a portion of it and wait for the next bull run, eventually, the market will be bullish again as that's part of the cycle, you just have to wait at the right time, that's why patience is necessary.

Would really always depend on what coin you've been holding or dealing with and its true that you cant make money into those coins which doesnt have liquidity and thats why its better to stick out into those coins which does have huge volume which you could really assure that you could really able to make profits if you do deal or engage with it neither holding for long term or for short term basis.
When it comes to profit preference then it is really depending or varying on someone whether he do likes to make on shorter basis or longer basis.

[Silberman]

People make money in both ways... people also lose money in both ways! Holding a wrong coin will bring only losses in long run... even you are at even after a year or two still you missed something else that is up and you are on the same level! To not even speak about day trading, we all tried it and we know how much people can lose with day trading, in all sorts of ways!

The bottom line is simple, both can be good and bad, it's all about the approach and how you do it! If you are a person who is ready to learn and develop skills then doing both will be a piece of cake for you, and both can bring profit! If you have "the luck is on my side approach" I will choose the first what I see then probably you will lose in both...

Exactly, this is why it is important to determine early on which one of those two is the one that is closest to our sensitivities or which one out of the two is the one we have the most talent for. After all both are difficult but in different ways, trading requires from us way more time and skills than holding, but it gives higher profits, holding is less demanding, but it is difficult to hold your coins when the market is crashing, as such we need to select the one that better fit us, also it is necessary to be honest with ourselves, as there are many people that cannot do either and as such they should stay away from the markets.

[bitgov]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

A lot depends on how the project whose tokens you bought are developing. If his roadmap, i.e. the development plan, assumed such a period, I think that you should stick to the way you planned your investment. However, if you suspect that there is no future in this ICO investment then you can take the risk of trading.

[Pelana vreo]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If you want to hold the coin long term I hope you have a top coin like 100 list in cmc. but if it is a new coin you can stake and farm, provide liquidity to traders and you will make profit.
Trading when the market is sideway is good for profit, you can start with a few small orders, I think you should know when is the right time to sell by looking at the market cap of the coin you are holding.

[sovie]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

I don't know if I understand what you mean when you say trading ..

When it comes to day trading, you must know that it is not easy and involves a very high risk. If you do not have experience in trading, it is better to keep the tokens you bought in the ICO and wait for their price to rise properly and sell in the right time.

[jossiel]

if you have a coin ICO in my opinion it's better for you to hold it than you do day trading. but you have to follow the development of the coin, is it still running or is there no movement anymore? if it's still there then it's better for you to hold it until you benefit from it. and if there is no more movement and growth then it is time for you to sell the coin.

Most of the ICO coins these days have already dropped.

If you are still holding on it and you think that there will be more value in the future, you should have hold it for a very long time. Depends on the coin you hold.

But if the coin seems to be good, you hold and believe on it but if not, dump it and get the maximum profit that you can ever have.

[Republikcoin.com]

if you have a coin ICO in my opinion it's better for you to hold it than you do day trading. but you have to follow the development of the coin, is it still running or is there no movement anymore? if it's still there then it's better for you to hold it until you benefit from it. and if there is no more movement and growth then it is time for you to sell the coin.

Now most of the coins produced from ICOs have no definite development and this is certainly different from new coins born from IDO or IEO because both have different concepts of developing coins even though the fundraising is also almost the same but now many concepts have changed so the response from investors is also very different from before.

[Muslimin mj]

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

to choose to hold or day trade then you have to make sure the condition of the altcoin you have, if you are in a loss then you have to hold it but you hold on to the altcoin that has the potential to increase in the future. and if you are in profit then you better sell it and immediately look for another altcoin so you can trade more and can get instant profit. and my advice is to always look for information about the growth and development of the altcoin before you buy and make trades so that you can reduce the risk of loss.

[RILWAN]

It depends on the asset you are holding always choose to hold more stable and less volatile coins from projects you trust but if you only hold some meme couns you should convert them and if you are good at trading you can do so to avoid market crash of those coins you hold.