Trading Or Holdings

[Obari]

Do people really make it big out of alt coins ?
I mean people who aren't members of a team or neutral persons who have no inner conversation about tye project really make it big out of those coins?
Personally I see all altcoins as shit coins and possible scam projects and that's why I will never advice anyone getting into investing in this shut coins or do so at the expense of their hard earned Money.
Bitcoin has been one of finest cryptos to invest in and as a newbie, I will advice that rather than getting into altcoins as a beginner, you better still get some Bitcoin and hold over some time while you acquire the necessary knowledge to dive into the industry fully.

[dansus021]

I usually convert airdrop/bounty tokens to top coins in the market like BTC, ETH, or BNB a newly generated coin is very highly volatile and sometimes the prices is going down so fast.

and back to the question Trading or Holding

Why not both ! hehe. I usually spare some crypto and hold it or stake it and do trade in the futures market but now I spot only since futures are crazy and spot is much safer but when it comes to trade you must understand what you do, since volatility in crypo are real if you don't know about trading you can end up losing your money.

[Darker45]

That's probably the best way to do it. If you are doing bounty and are actually paid with their own tokens, you don't keep those tokens for long. It's certainly wrong to be greedy and loyal and hopeful on those bounty tokens. While they have a little possibility to grow big, majority of them will just simply wither and die. So as soon as they get admitted on exchanges and gain value, decide to sell them, for Bitcoin ideally. But if you wish to trade with other altcoins, choose the most solid of them all.

[CageMabok]

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.

Trading and Holding can be done by everyone who already has money and assets in crypto, you can trade on tokens that you get from prize programs or from airdrops. But it will be more specific if you exchange the tokens you get from any prizes to altcoins with more potential and even to Bitcoin for you to hold for the long term. Because it will look better than you keep trading with reward tokens whose potential will not always be the same as other top altcoins.

Or you can also do another way by taking half of the assets from the token that you have for you to exchange it for Bitcoin and the other half for you to exchange it for the top altcoins that are often in demand by many people for you to trade on a daily basis. I think it can also be very good for you because you can do two jobs at once such as trading and holding at the same time.

[ThemePen]

In my opinion if you are getting the coins or tokens from bounties and you are going to hold them so I think this is not good. I will suggest if these coins or tokens are listed on any exchange so deposit them to the exchange and exchange them and buy only Bitcoin and hold tight for good profit. Bitcoin will never disappoint you if you are trusting on it.

[traderethereum]

Yes, that works if you want to profit from trading.
And that is also what many people have done from trading while also investing in bitcoin, which can provide more profit when the price of bitcoin increases.
But to trade altcoins, you may have to spend more time learning because not all altcoins can move together, which is only for certain coins.
After getting the bounty token, you need to sell it at the highest price to get a profit in the form of bitcoin or ETH or BNB and you can hold ETH and BNB until the price of the two coins rises high, then you sell the ETH and BNB to get BTC or USDT.

[cryptoaddictchie]

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 have a lot of free times then you could simply do trading but if you are busy person then why not become an investor who just doing dca or holdinng coins for long term. You doesnt even need to check the market price or position from time to time since you are aiming for longer timeframe. Yes good mindset to sell bounty tokens to a more proficient projects. Im sometimes do that if I can see that the bounty tokens doesnt have potential.

[Fiatless]

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 very encouraging to hear that are saving your income in the forum and investing them in the crypto industry. This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

[tvplus006]

...This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

You should continue to stick to your strategy by investing in bitcoin, as such an investment is less risky than investing in altcoins. But this does not mean that you cannot invest in altcoins. When you get more knowledge and experience, you will certainly pay attention to altcoins, since the profit that you can get from such investments is many times higher than the profit from bitcoin.

[KingsDen]

...This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

You should continue to stick to your strategy by investing in bitcoin, as such an investment is less risky than investing in altcoins. But this does not mean that you cannot invest in altcoins. When you get more knowledge and experience, you will certainly pay attention to altcoins, since the profit that you can get from such investments is many times higher than the profit from bitcoin.

The Investment in Bitcoin and alternative coins are risky.
But what matters is the level of risk that is involved in each of them.
It has been proven over time that the Investment in Bitcoin is less risky than the investment in the altcoins.
But what happens with alternative coins is thay hey can make antone rich overnight and the disadvantage is that they can also make anyone poor.
Investment in alternative currency is just like a gambling and only those who have good experience about them can make good money from it. Others will lose their money over time.

[Maestro75]

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?

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.

My comment was not arguing what you said in your post. You are correct. And as someone who has done bounties severally I have been cheated too. I was only showing my surprise why members still go for bounty hunting when they know that the chances of making something out of it is very low but they still do it. This is what makes me confused. People doing things they know will not be of benefit to them. That maltreatment keeps increasing there but nothing is done to end it.

[Jon_Hodl]

I have only gotten rekt trading in the past. I don't even want to think about how many sats I lost all those years ago.

From here on out, the only trading that I do is when I trade fiat currency for sats in any way that I can and then HODL.

[Patrol69]

I always trust trading more than holding. Because trading shows that coins are bought and sold according to the market, but holding means buying and keeping a coin for a long period of time. And I think it is much better to trade in short term than to hold for long term. So I think trading is better than holding.

[cydrix]

When I started on my journey in trading I separated my funds into two for trading and holding. 50% is the bitcoin I am holding and the other half is what I trade for different alt coins. Sooner I will add up to my holdings because obviously bitcoins has the best potential compared to all coins. I can suggest that you should not put all your funds on trading since it is way more risky than holding (when holding potential coins)

[tvplus006]

...I was only showing my surprise why members still go for bounty hunting when they know that the chances of making something out of it is very low but they still do it. This is what makes me confused. People doing things they know will not be of benefit to them. That maltreatment keeps increasing there but nothing is done to end it.

Obviously, they have heard about some successful projects that have conducted their bounty program on the forum and think that they will also be lucky. But a lot has changed since then and I haven't heard about successful bounty programs lately. If I were them, I would now pay more attention to tasks in the test network, which, like bounty, does not require financial expenses.

[Renampun]

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 see what you are doing is quite risky, I have tried to do that (altcoin trading to buy bitcoin) but I actually lost big, at that time I tried to buy a defi token in the hope that when the price continued to rise then I would buy bitcoin but in reality, it didn't Thus, the price of the token continued to fall and I suffered a huge loss.

everyone has a different formula for getting profits either by trading or holding but if you have no skills at all in trading then holding is the best choice. I'm doing trading and holding right now (for holding I'm focused on bitcoin) but I'm not a day trader, I've tried being a day trader but don't feel like it's working for me. 

[alik111]

Without proper technical analysis knowledge I won't suggest anyone to go for trading. I will suggest wait and buy the dip. As low as you buy and hold you will receive more profits. And doing daily trade is for only professional experienced traders.

[Dragon Btc]

Although trading on significantly greater risk than holding. When holding, the majority of traders think that trading offers a higher return. We advise investing in both styles as a result. Certain investments are more advantageous for years to come, while others might yield high returns in a couple of hours (if you trade correctly).
Benefits of holding In general, the majority of people believe that trading is more lucrative. Trading involves a larger fee and a bigger chance of losing money, it should be mentioned. Trading generates earnings right away, however holding takes longer to produce big profits.

Hold trading does not, in addition, have the same dangers as trading. Profitable and odds of success  not the same for Everyone.

[Maestro75]

...I was only showing my surprise why members still go for bounty hunting when they know that the chances of making something out of it is very low but they still do it. This is what makes me confused. People doing things they know will not be of benefit to them. That maltreatment keeps increasing there but nothing is done to end it.

If I were them, I would now pay more attention to tasks in the test network, which, like bounty, does not require financial expenses.

I want to know how the test network thing works. Please can you tell. Does it involve some type knowledge and skill to execute? Am interested if you can direct me what to do.

[Luzin]

Although trading on significantly greater risk than holding. When holding, the majority of traders think that trading offers a higher return. We advise investing in both styles as a result. Certain investments are more advantageous for years to come, while others might yield high returns in a couple of hours (if you trade correctly).
Benefits of holding In general, the majority of people believe that trading is more lucrative. Trading involves a larger fee and a bigger chance of losing money, it should be mentioned. Trading generates earnings right away, however holding takes longer to produce big profits.

Hold trading does not, in addition, have the same dangers as trading. Profitable and odds of success  not the same for Everyone.

I think all types of trading have almost the same risks. Lose money on the coins you hold because the price drops or delists from the trade. For those of you who want long-term hold trading and feel safer I don't think there is always a risk in the end. Besides mentally, if you do not choose the right coin then bad situations such as price drops, delists, coins cannot recover to the best price. So there is a possibility that short-term trading will be more profitable than long-term hold.
So I will conclude that both have risks, but I as a trader always take the most comfortable position I feel in trading. I'm not going to be dominant on one way traded, it's more profitable.