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Author Topic: Among all which do you hold  (Read 5936 times)
taufik123
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June 26, 2022, 05:28:21 PM
 #21

-snip-
Many have made the wrong idea about trading just because they saw it in ads and commercials about how easy it could be. It's not. You'll get rekt if you are swallowed by your emotions there.
Your choice, safe route long term HODL and accumulate more by means of purchasing at the bear market like this, or risk it in trading but it might take you time to study it.
A little laugh with a lot of ads showing that trading is very easy to profit. Even the demo trading used is the type of Binary Option trading which of course we know the risk will be very large and is the same as gambling, only guessing Up or Down. rect is bound to happen with this type of trade.

But in crypto there are 2 types of trading such as Futures and Spot, and of course Spot is a safer type of trading that can be used to hold several trusted coins. Holding or trading every day both have advantages and disadvantages, just adjust it. The most important thing is to know the basics of trading in crypto and do some research before deciding what coin to choose.

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June 26, 2022, 06:14:59 PM
 #22

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

Hold your BTC then exchange altcoins to increase your number of sats. If I were you, it's a bear market dive trading method when you take advantage of the Bitcoin price. Use altcoins as a bridge to build a portfolio in Bitcoin and don't sell Bitcoin in the current range, hold on to it until the price reaches highs again.

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June 26, 2022, 07:11:16 PM
 #23

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.


I would suggest you to just hold all those coins you have at present instead of trading. At any moment the market may turn opposite and start growing up. What if you happened to sell for a minimum profit when if the market booms up and get you a high profit. As market is volatile, no one's advice would be right. If you have extra money in hand, better to accumulate more coins and hold. 

.
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June 26, 2022, 07:24:59 PM
 #24

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.


What is UCT ? UnitedCrowd token that you have received from participating in bounty? I dont know why you still stick to this alt. If you feel like it will have a big future, then keep holding. If I were you, I would have exchanged this alt to other more popular. When the market recovers, I dont think that price of UCT will recover to "pre price drop prices".

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June 26, 2022, 07:50:13 PM
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 #25

Holding a coin for a year presently is under probability, a 50/50 chance of either in Profits or loss. Let's take an example from Terra Luna, those that bought it for the purpose of long term have liquidated all this funds while those that do short term trade would be in massive profits. So hold is very riksy in Crypto because many projects are innovated into the space and brings about the high level of competitions against teams behind projects. Before a solid projects would be successful or shoots to the moon, it must have passes through the regular pattern by having a very strong community in the space. Presently now, investors don't longer invest in shitscoins because they believe if Luna can liquidate without value today, talk more of a shitcoin.
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June 26, 2022, 08:28:21 PM
 #26

Holding a coin for a year presently is under probability, a 50/50 chance of either in Profits or loss. Let's take an example from Terra Luna, those that bought it for the purpose of long term have liquidated all this funds while those that do short term trade would be in massive profits. So hold is very riksy in Crypto because many projects are innovated into the space and brings about the high level of competitions against teams behind projects. Before a solid projects would be successful or shoots to the moon, it must have passes through the regular pattern by having a very strong community in the space. Presently now, investors don't longer invest in shitscoins because they believe if Luna can liquidate without value today, talk more of a shitcoin.
What you just said will not gonna happen to other coins because we all know that Terra Luna was pumping because of the hype and nothing else yet lots of these newbies I guess fall asleep for it. It did happen before already and it's not new to me to actually see such rug pull or exit scam tactics after accumulating enough investors plus the hype that pumped the price then if this is at your control what you gonna do?

For me the only worth it to invest is Bitcoin or Ethereum and nothing else but if you want other altcoins, make sure you already do your research and most of them are not suitable for long term hodl.

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June 26, 2022, 08:44:30 PM
 #27


I want to know if holding or trading will be more preferred. All suggestions are welcomed.


Each has its own pros and cons.  Trading if you won't exit can multiply your holding if you made the right trading calls.  While holding can guarantee you a lesser risk.  If ever there is a devaluation only paper value is affected unless you sell at a loss.  Trading requires a huge amount of time while holding simply needs regular updates just to know what is happening in a fundamental sense.  I think it is up to you depending on your skill and level of knowledge in trading.


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June 26, 2022, 08:47:12 PM
 #28

I'll prefer to hold than trading and I'll hold the first three you've mentioned and not the last one. I don't know where you've taken the last one, maybe from random people that have suggested it or, you've just bought it out of nowhere and you're enticed to buy it.
Those 3 are already good enough and why trade them if your purpose will also be holding? So there's no sense of doing that and you just have to wait until you make money from holding them.

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June 26, 2022, 11:43:09 PM
 #29

IF you can do both and why should you did one of them? Doing long term holding and trade is okay as long as you can deal with the risk and so the question is whether you have been ready to do that? Remember when you are trading you can get daily income as long as you were doing a proper trade and your long term holding can become a capital gain for you. For me the best thing must be doing both of things at the same time and then you can generate profit from both anytime.

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June 27, 2022, 03:10:23 AM
 #30

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.


In a bear market situation I highly recommend holding rather than trading, especially if you are a newbie, it is very risky if you force a trade.
There you will experience losses if you trade without having good knowledge and analytical skills. Moreover, the 4 coins that you mentioned,
3 of them are top coins, so it is very profitable if you hold the coins in the long term. We really have to be careful in a bear market situation like now,
don't take high-risk decisions. It's better to avoid high-risk options, so please just hold the coins you have now. Indeed, to make a profit,
holding coins takes a longer time when compared to trading, but most importantly holding coins is relatively safer to do. We just need to be patient
waiting for the coins we have bought to reach the target we have set. Actually holding can also generate very large profits if we continue to accumulate
the coins we are holding.

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June 27, 2022, 04:17:01 AM
 #31

Depending on your skills, if you are a knowledgeable person who knows how to look at charts and enjoys making daily profits then you can trade and holding is the better choice if you prefer a bit more safety and don't have a lot of trading skills.
Holding seems simpler, you don't have to sit in front of the computer for hours checking the market but it requires your patience as it can last up to a year or more. Therefore, holding is suited to those who have idle capital and a variety of sources of income.

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June 27, 2022, 06:40:23 AM
 #32

enjoys making daily profits then you can trade

The fact, that with current market trend cryptocurrency price is losing daily, makes me to resist from having those "enjoys from daily profit". I have tried daily trading, and in the end daily profit was equal to amount spend on trading fees plus "daily price drop". Maybe these cases were one of a kind. But from my experience I was busy whole day and next day my earnings were worth nothing.

R


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June 27, 2022, 08:02:36 AM
 #33

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

If you feel you can be safe with them, then go for it, because nothing is perfect. Everything we do with investments presents opportunity and risk at every angle. second. For me, proper capital allocation and holding things that I consider for the future will generate big profits. It doesn't need to be complicated to be more greedy. Sometimes small mistakes make us lose control. 









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June 27, 2022, 09:20:37 AM
 #34

If you feel you can be safe with them, then go for it, because nothing is perfect. Everything we do with investments presents opportunity and risk at every angle. second. For me, proper capital allocation and holding things that I consider for the future will generate big profits. It doesn't need to be complicated to be more greedy. Sometimes small mistakes make us lose control. 
What you are saying is super because it is a fact and a benchmark for everyone in investing because every job is always accompanied by risks so everyone needs to understand it very well and try not to be greedy in terms of using their capital. Because control is always needed by those who invest in any condition.

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June 27, 2022, 11:06:18 AM
 #35

The cryptocurrency market is a something you need to understand, and follow the process which you have been mention holding as your point of view mention 4 difference coins like BTC, ETH, BNB, UCT. Is not a bad decision but trading has to do with risk management, but as a newbie not good jump into trading, but very nice to hold for a long time investment as already mention. But UCT is likely a Shitcoin because the coin may suicide or Run pull. Therefore, go for reliable coins that has already stabulance in the crypto market.
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June 27, 2022, 11:08:29 AM
 #36

enjoys making daily profits then you can trade

The fact, that with current market trend cryptocurrency price is losing daily, makes me to resist from having those "enjoys from daily profit". I have tried daily trading, and in the end daily profit was equal to amount spend on trading fees plus "daily price drop". Maybe these cases were one of a kind. But from my experience I was busy whole day and next day my earnings were worth nothing.
This sentiment is true as I also experiencing the same that is why I decided to stop trading and just hold as this was the best option to take during this bear season. And to even think that expert and the old traders had their difficulties as well. I think everyone had suffered losses but there is something we could pride which makes some traders continue doing this.

Well, I guess we have to be wise enough...we also have to learn to hold.

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June 27, 2022, 11:13:23 AM
 #37

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.


I agree with you.These 4 coins are very reliable in true cryptocurrency that you are thinking of keeping 4 special coins.These coins are quite profitable for long term investment.So if you are thinking of investing these coins in the long run, I would say you have made the right decision.This is an important opportunity to buy these coins in the bear market.Bitcoin Etherium BNB These coins are very low risk.So your choice is best.I am investing in these coins.I think these coins are above all in cryptocurrency.I have made a lot of profit by investing in these coins.Every investment carries risk.But if you want to avoid more risk, you must try to invest less risk.

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June 27, 2022, 04:01:49 PM
 #38

I would say holding will be more better though it depends on your portfolio or wanting to hold for long term or short term. If long term this could be probably for 3 to 5 years then before you get something pleasant from it. Short term can be for just 6 months to 1 year interval.
About UCT currently i can't tell the future if the team has a good plans for increments or not, though all time was $0.36~ and since then the price has not showed a strong support till date, from their telegram the team actually announced a plan to list in few exchange before the sudden recent Luna market sentiment. Btw you can choose to hold after listing then to see if you could known more further.

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June 27, 2022, 04:26:28 PM
 #39

The thing with trading is that it requires you to have the skill to make analyzation in regard of the coins that you invested in. Without it, you're gonna be losing against other traders.
If you're just seeking a consistent daily income, I think trading isn't the best, though many so called trading gurus out there recommend trading, it still requires you to be really skilled and outsmart the entire market, that's definitely not an easy feat.

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June 27, 2022, 04:59:33 PM
 #40

I think the bear market has just begun. Trading now will not be very profitable. Again, it would not be right to store any coin other than stablecoin. Because the market may go further down. And then you may have to regret. So I think holding stablecoin would be the best decision now.
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