Hoddle or day trading

[Hypnosis00]

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.

Do both holding and trading. Hold those coins with potential to grow in the future and while waiting, try also to trade if you have knowledge about it. More investment, more profit to earn. About your coins from ico, if it is not worth to sell now then keep holding and wait for the market to recover.

I guess we have to forget about the ICO project as they are somewhat almost dying and we can't expect them for a profit but just losses on our side. I think, selling off is the best deal than it will stuck in your wallet.

Well, traders are also holders sometimes(that very often to me). But of course, just it happens during the crisis and certainly, we have to do that even we don't like it. I don't love the cut-loss strategy that is why I just hold and besides, holding will just then give you the chance to gain more. But of course, it never makes sense if we hold shitcoins.

[Ngemmeng]

Are the tokens you purchased already available for staking? if so, wouldn't it be better if you keep the tokens for additional profit while continuing to hold the tokens, but if the token volume growth doesn't increase anymore, wouldn't it be better if you release the tokens and make other more profitable trades or you can wait for the project development to enter the market bigger trades so you can get even bigger profits.

Staking does not guarantee the price of a token will continue to rise because more staking means more prizes to be given and it makes the number of tokens in circulation increase. indeed by staking the number of tokens we have will increase but it's useless if the price of the token continues to decline. in other words staking will not make the price of a token go up if there is no strong demand.

[deean_3one]

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 can't wait anymore, you can sell it now as long as it has given you a profit. Then you can invest it in more promising coins. But, if you plan to hold it for a long time it doesn't matter either, we won't know what happens in the future. Maybe the coin could soar.

[imamusma]

If you can't wait anymore, you can sell it now as long as it has given you a profit. Then you can invest it in more promising coins. But, if you plan to hold it for a long time it doesn't matter either, we won't know what happens in the future. Maybe the coin could soar.

If you don't know what conditions will happen in the future, then it would be better to put your investment in coins that already have a good rating, large volume and lots of fans because it saves one's assets more for greater losses, because coins that already have that kind of power will usually always recover faster under any circumstances.

[aruldaroy]

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 should immediately take a good decision if indeed your ico token feels that there are no good results.
In my opinion it is better for you to sell it again so that you avoid losses in the future.
Especially if you already know that your token has no future.
It's better for you to switch to investing in coins that have good value for the future and have good developments.

[Viscore]

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.

Well, it actually depends on your objectives and on the amount of money you want to invest.You can make more money in short-term in day trading but the risk is much higher. Maybe you should do some research first becase it requires a lot of knkwledge and skills.
Day trading is good only if you know how to trade. But for me personally, hoddle is more likely succesful because it has low risk though it needs more patient to see the result.

Anyway, you have your own decision whether you are going to trade or hold. Im just sharing my thoughts.

[rahmad2nd]

If you can't wait anymore, you can sell it now as long as it has given you a profit. Then you can invest it in more promising coins. But, if you plan to hold it for a long time it doesn't matter either, we won't know what happens in the future. Maybe the coin could soar.

If you don't know what conditions will happen in the future, then it would be better to put your investment in coins that already have a good rating, large volume and lots of fans because it saves one's assets more for greater losses, because coins that already have that kind of power will usually always recover faster under any circumstances.

Actually yes you give good recommendation about some trader confused about become daily trader or long term trader, without less knowledge and do not know about what good news from altcoin better check and investing with coin have good rating and above 20 rank position standing on coin market cap, they can be long term investment without worry with their coin keep as worth investment for the future, maybe ETH and BNB are worth for long term investment.

[Naficopa]

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.

In order to be able to assess the situation of the project, you need to know the details of what has been achieved so far and what still needs to be done. If developers stick to their plan and follow the roadmap, I think it's worth keeping the tokens purchased during the ICO. It is very possible that when the development is completed and the final product is created, then the price will start skyrocketing.

[Pejoh Asu]

Is project is useful and in demand it is better to wait till the rise of the market.
Now in spite for the fall of the market the price of NFT continues to grow.
A lot of interesting NFT like https://twitter.com/FomoChronicles/status/1483799729892995074 appears.
I like such stile of NFT and this NFT collection.

When market falls people afraid to invest in cryptocurrency projects because of big risk.
Many people buy cryptocurrency only when market rise. But the maximum profit is when people buy cryptocurrency when market falls.

After the fall of the market, there is a rise of the market. That is why it is necessary just to wait. With every year more and more people use cryptocurrency. It means that over time the demand for cryptocurrency will increase.

There is no doubt that the number of cryptocurrencies users continues to increase so that it makes us optimistic that the future of cryptocurrencies will continue to improve, this of course has often happened and makes us have to be able to get big profits when the market is red so it's better to buy more and don't panic.

[tyz]

There is a saying. The more you trade the more you lose.
Even though this saying does not apply in general, it does apply to many rather inexperienced traders. Day trading only makes sense if you know what you are doing. But only the fewest know that. Therefore, for non-professionals the long-term hodling of assets/coins is better than trading.

[Tellek Garing]

If you don't want to lose your coin then you better hold on to them and leave trading for the experienced and skilled full traders, I know trading a highly profitable, and the gain come faster than holding but one can not compare the risk involved in both of them it's far easier and safe to hold than trading.

Another point is that I suggest the thread be moved to trading discussions as it fits there more than this board since the discussion is on trading.

[coinsycrip09]

There is a saying. The more you trade the more you lose.
Even though this saying does not apply in general, it does apply to many rather inexperienced traders. Day trading only makes sense if you know what you are doing. But only the fewest know that. Therefore, for non-professionals the long-term hodling of assets/coins is better than trading.

Yes, i like the proverb you wrote. Of course, the more you trade, the greater the risk you will receive, especially the risk of losing. i agree that long term investment would be better, but it will take a long time. some people will not have the patience, especially for beginners.

it would be better to do the trade once in a while. we can make strategies, for example, buy when the market drops by 5-10% (you can decide for yourself) and sell when you get a profit. i think it will be better.

[trendcoin]

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.

It can be a good option if you are going to hold Bitcoin and major altcoins. But other investments should be sold as soon as they make a profit. And then new investments should be sought. Because there are a lot of options in the market. Day trading is not an easy task either. You have to do it full time. It requires knowledge and experience. It's best to get quick profits from IDOs and IEOs with strong partners. Good luck.

[marcous]

A lot depends on the conditions of the cryptocurrency market. Big growth always attracts a lot of attention.
Now many people buy a cryptocurrency and use it for investing purposes hoping for cryptocurrency growth.

It's a natural and absolutely not wrong thing to do so everyone who has implemented it is a good job too with some considerations of risk, because without trying anything, you will not get anything from cryptocurrency.

[zayika570]

Is project is useful and in demand it is better to wait till the rise of the market.
Now in spite for the fall of the market the price of NFT continues to grow.
A lot of interesting NFT like https://twitter.com/FomoChronicles/status/1483799729892995074 appears.
I like such stile of NFT and this NFT collection.

A lot depends on the conditions of the cryptocurrency market. Big growth always attracts a lot of attention.
Now many people buy a cryptocurrency and use it for investing purposes hoping for cryptocurrency growth.

The problem of cryptocurrency market is that when Bitcoin falls all other altcoins falls too and people lose their interest to cryptocurrency and investing.
It is very important to continue to develop a project because after a fall of the market will be a rise of the market.

[Ngemmeng]

I think deciding to trade daily is good enough than holding coins for a long time where there will be a lot of knowledge gained in daily trading that we do every day and for the profit or loss we will get it all depends on the skills we have and I think if we continue to do it over time of course the ways and tricks to get profits will be much more open.

short-term investments or long-term investments both give you a big profit and the same gives you knowledge, but being able to do both at the same time is much better because you can get double profits. but to do both is certainly not easy because you have to have more abilities and have to spend more capital than before.