Trading Or Holdings

[King GK]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

[1715172258]

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[lovesmayfamilis]

Do you hold altcoins, and how much profit did you make? If only everything was that simple. Most of your altcoins will turn to dust very quickly. When it comes to trading, without knowledge, your ardor and your ideas are also going to be disappointed.
The easiest and most working option, if you are a beginner, should start with Bitcoin. Buy and hold. But if you're hoping to stick to a trade-and-hold strategy with altcoins, then this path will lead you nowhere.

Since cryptocurrecy is gaining more popularity can you quite your job
to bounty hunting or take bounty as a full time job despite the fall in cryptocurrecy
Your advice please........

And never again believe that you can live completely on the profits from the bounty, these are illusions.

[Maus0728]

Yes, that's quite similar to what I did when I first started out. Whenever I received an airdrop with an existing value, I immediately sold it for Bitcoin, as most of these airdrop tokens can become worthless over time. After that, I primarily held onto Bitcoin, regardless of its price, unless I urgently needed some money.

As for trading, I believe it can only benefit you if you truly understand what you're doing. Trading isn't as simple as buying low and selling high because you're competing with other individuals who may be more intelligent, corporations that have greater access to information they can use to their advantage, people with more experience, connections, or wealth than you.

Therefore, you can't just jump into trading right away, especially if you're unsure of the process to become profitable in the long run and make a living out of it. But hey that's just me.

[tvplus006]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It makes no sense to hodl altcoins that you received from the bounty, since their price will tend to zero. Buy bitcoin and if you know how to trade, try to increase their number in your wallet. If you are not familiar with trading, then just hodl BTC in your wallet.

[EarnOnVictor]

Good question from a newbie! Trading and investments are so much related and according to my experience, it's good for one to do the two together. Holding is an investment whose risk is minimal compared to trading whose risk is higher. If you invest in Bitcoin as an example and hold it for a reasonable length of time, you will highly likely gain something from your investment. All it needs are your patience and the investment should be done at a reasonable price.

But you need good expertise in trading to gain from it. You must be speculative, managerial and even lucky to consistently gain through it. The chance of newbies losing all their money in trading is high unlike in holding (investment).

[Macadonian]

I recommend holding Bitcoin but you can trade with altcoins because they are worthless any way and if you make mistakes trading altcoin it probably will not be much. Bitcoin trading is different because it is worth something and trading can be difficult. I would recommend to not trade unless you have trading experience. I would not call trading shitcoins experience because it is playing with worthless money.

[tranthidung]

I want to know the opinion of our community that which is the best option. Just do both trading and holding.

Holding is better than trading.

Doing both will lead to a most common and terrible mistake: you store your bitcoins on centralized exchange and do both trading and holding there. In practice, you will not know what part is for trading and what part is for holding. You misuse a holding part for trading very likely and it's start of nightmare.

You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

Bounties are very useless and waste your time.

Potential altcoins? You will hear this term very popular in bull markets but months later in bear market, you will see them fall to the hell very easily. Terra LUNA, FTT token from FTX exchange are biggest examples in the current bear market. Yeah, we are still witnessing a bear market.

[Ryker1]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

How many times have I heard this question, but now --there is something different with your question.
There is a complex one that depends on individual circumstances and risk tolerance for both options, it depends on different strategies that may be suitable for different people. Trading in crypto can be a profitable endeavor, but it requires a significant amount of time and effort to be successful. Traders must have a deep understanding of market trends and be able to quickly adapt to changing market conditions. While holding it can be a more passive approach to investing. This strategy involves purchasing coins with the expectation that their value will increase over time, especially bitcoin not altcoins or those new coming projects like hyping their fancy tokens.

[348Judah]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

The two options were good and advisible preference to make, all that is needed is to understand how it's been done, but i will add to this that you shouldn't hodl altcoins for long, they may fail atimes if the oroject does not work as planned considering many of their kinds gone already, if you're to hodl, then focus on bitcoin, kearn about trading as well, it's another fast means of making profitable investment within a short period.

[Maestro75]

It makes no sense to hodl altcoins that you received from the bounty, since their price will tend to zero.

If this is true why do members rush then to involve themselves in bounties as you have said of its worthlessness? Is it that they do not know or they just want to do it and been seen as members wearing campaign signals? This is not only minutes to new members because I have seen high tanked members who are also involved in bounties.

If you are not familiar with trading, then just hodl BTC in your wallet.

This is a valuable advice and will work out well for those who have their focus on holding for a long time and not those who sell almost immediately they bought.

[salad daging]

If the token/coin that is get in the bounty then it is better to exchange it on bitcoin it will maintain value than other altcoins I do not recommend staying on altcoins because it tends to be worse because the value in the market is uncertain, I thought it was the same as the coins that were obtained for the first time but in terms of experience then bitcoin is the main suggestion.

About trading, you have to have the skills to do it, if you can do it, it doesn't matter or be accompanied by both between investing and trading, but keep in mind there are several methods for trading that are correct and neat, that's what beginners need to understand.

But usually for beginners it's better to hold on to bitcoin.

[Smack That Ace]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

I used to hold a lot of tokens/altcoins of bounty campaigns in 2017, and as you know, all of them are trash and useless now. So what you are doing is right, never hold tokens from bounty campaigns, they will soon turn into junk, so convert them to bitcoins as soon as you get them. You should also be careful with top altcoins, there's no guarantee they won't crash like junk tokens, only bitcoin is the safest.

[sujonali1819]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

If you are talking about the bounty token, then I will suggest you sell it as soon as the token is listed in the Market. If you hold there is a big chance you will get 0. So it's always better to trade it immediately and hold the other potential coins like BTC, or ETH if you want. Before holding the coins you must have some trading knowledge.

[coupable]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It is not different from the stock market. Both are subject to approximately the same criteria.
In a changing world, we will all keep what we choose from reliable stocks or cryptocurrencies forever, but the reality is that very few stocks / cryptocurrencies are worth holding for decades, and experiences also prove to us that fewer investors are smart. enough to enable them to buy the shares of these companies only and ignore others or choose a currency over others.
In general, if it becomes clear to you that you were wrong in your analysis from the beginning or that the reason for which you invested in it no longer exists, then perhaps you should not hesitate to abandon the stock / cryptocurrency and end your losses before they worsen.

[Eternad]

I earn most of my crypto profits through holding for a month of all my bounty tokens before I sell it. Selling it right after the initial release is useless that time since exchange listing on huge CEX is the one gives price boost and not the initial listing on small exchange. Things only change on the current bounty campaign since most of the crypto project running bounty campaign is worthless. The majority of quality project is using launchpad to collect investment funds that’s why bounty campaigns is not that popular marketing to gain investors due to the existence of launchpads. Selling the bounty tokens immediately is the right thing to do and purchased top marketcap couns like Bitcoin and Ethereum.

[Shamm]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

If bitcoins is risky to hold and invest then Altcoins is very risky if a beginners want to invest or hold then best option is bitcoin which is the number 1 cryptocurrency in the world trusted enough and it's recommended to newbie in investing. Because when you hold altcoins then for sure there's a big chance that your coins will be loss forever like the value of altcoins from gold into ashes and also it's hard to find a good altcoins nowadays that will give us good amount of profit someday.

[passwordnow]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

You already know what you must do so just keep that moving and be consistent and always get to have bitcoin. You might have some good potential altcoins to hold after dumping all of those bounty tokens or coins. But you should also be prioritizing having more bitcoin with those gains or before you buy another altcoin, don't settle for not having bitcoin for every purchase you make. Because that's the best strategy that someone can do and based on my experience, it is really the best thing to do.

[Zilon]

I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It depends on the experience of the individual. Not everyone will be smart enough to know which Altcoin has potential to do well in the future. For an experienced trader who can do both trading and holding at the same time and still stay in profit they can go ahead. But for inexperienced or novices in the crypto business it is better they stick to holding Bitcoin, If they can earn other tokens/coins they simply swap to Bitcoin and hold because it is better to grow sluggishly that have all your sweat thrown in the dungeon.

[ancafe]

I want to know the opinion of our community that which is the best option. Just do both trading and holding.

To answer your question about trading or holding really depends on how you position your options. If it's bitcoin, do both at the right time.

You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

Most tokens/coins are just trash, you will never benefit from being involved in them, let alone the holding pattern you use. While Altcoins are also almost close to tokens/coins, that means they still have the same opportunity if the Holding concept is applied, The only possibility is Holding Ethereum but would not dare to recommend it in the long term.

Try to get involved and understand bitcoin because it is much better and has given a lot of evidence, although in very small cases there are some people who are successful in investing in potential altcoins like Ethereum or BNB in the long run.

[tvplus006]

It makes no sense to hodl altcoins that you received from the bounty, since their price will tend to zero.

If this is true why do members rush then to involve themselves in bounties as you have said of its worthlessness? Is it that they do not know or they just want to do it and been seen as members wearing campaign signals? This is not only minutes to new members because I have seen high tanked members who are also involved in bounties.

I know this from my experience of participating in such bounties. For several years of participation in such bounties, there were only a few that really brought a good profit, but I repeat there were too few of them.  And the probability that you will be lucky with the choice is too small.