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Author Topic: Hold and trade which is best for you?  (Read 11383 times)

Offline Salahmu

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Re: Hold and trade which is best for you?
« Reply #60 on: February 03, 2024, 11:11:24 AM »
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.

But however in times of Bitcoin holding you don't  need much knowledge  before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.

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Re: Hold and trade which is best for you?
« Reply #60 on: February 03, 2024, 11:11:24 AM »

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Offline dekafee79

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Re: Hold and trade which is best for you?
« Reply #61 on: February 03, 2024, 12:11:16 PM »

But however in times of Bitcoin holding you don't  need much knowledge  before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.


Investing also needs knowledge mate, when the right will we choose to buy bitcoin.
If we don't have knowledge we will  do at the wrong time.
It will make us lost. But If we talk trading we needs much knowledge, experience and skill.
Trading is more risky and difficult for newbies

Offline taufik123

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Re: Hold and trade which is best for you?
« Reply #62 on: February 03, 2024, 08:51:13 PM »
-snip-
Never got any information from any core team, Just lucky enough to be able to participate in the token sale and get on the whitelist.
You can check out the BSCPAD project, which was the first launchpad for the BSC network and it was at the time very hype and the only BSC Launchpad that was quite successful.

I bought at the initial sale price of $0.015 and the tokens were vested for 4 months.
Managed to sell between $3-$6 and it was quite remarkable indeed.

I don't have any skills in reading charts and maybe I would prefer to be a HodLer.
Moreover, I have a busy job in the real world and it only takes a few hours for me to see the cryptocurrency market and the altcoinstalks forum.
If you don't have expertise in analysis, or reading charts, don't day trade, it won't bring you any profit because it requires good trading skills.
It's better to just be a Holder, it's safer and more suitable for you.
Moreover, you are busy with real-world work, and only need to buy on a DCA basis and hold long-term.


Offline Dr.Bitcoin_Strange

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Re: Hold and trade which is best for you?
« Reply #63 on: February 03, 2024, 11:16:31 PM »


Investing also needs knowledge mate, when the right will we choose to buy bitcoin.
If we don't have knowledge we will  do at the wrong time.
It will make us lost. But If we talk trading we needs much knowledge, experience and skill.
Trading is more risky and difficult for newbies

Investing in Bitcoin doesn't need the amount of knowledge that is required by a trader. As a matter of fact, trading is not 100 % profitable for traders. Even experienced Traders usually experience Loses, too. It's not only newbies that lose in traders, even professionals. 

For normal Investors, all they need is the willingness to hold the coin for a very long time, when the coins have generated a huge profit during a bull market. Another thing they need most is to handle their security paramountly. 

Offline Nwada001

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Re: Hold and trade which is best for you?
« Reply #64 on: February 03, 2024, 11:18:53 PM »
In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.

But however in times of Bitcoin holding you don't  need much knowledge  before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.

Trading and losing everything within some hours is just something that can't just happen like that unless you get yourself involved in leverage trading. If it's for buying and selling for day trading, you can run into losses, but you can't lose it all in a single interval of hours.
 
Leverage trading is the only place I have experience. If I place a trade and the trade happens to go against my order and I'm not fast enough to cancel the trade, it can get liquidated depending on how fast the market drops or falls, but day trading gives you one opportunity to recover those lost profits if you don't sell when the price drops and if the traded coin does not also rug pull.


Offline Papusha20

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Re: Hold and trade which is best for you?
« Reply #65 on: February 03, 2024, 11:36:33 PM »
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit.  But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.

Offline IvugeoEvolutionCoin

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Re: Hold and trade which is best for you?
« Reply #66 on: February 04, 2024, 07:49:43 AM »
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit.  But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.
The rise and fall of Bitcoin prices is a good moment to seek profits from Bitcoin, and of course Bitcoin will provide a very high risk but also has the potential to provide a lot of profit. The most important thing is that you have to buy as much Bitcoin as you can, and when the price rises at least 50%, you sell. Use Bitcoin as a place to store money for a very long time.

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Re: Hold and trade which is best for you?
« Reply #66 on: February 04, 2024, 07:49:43 AM »


Offline Uruhara

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Re: Hold and trade which is best for you?
« Reply #67 on: February 04, 2024, 09:33:36 AM »
I personally trade sometimes. But not every day because I have a job that means I can only trade when I get home from work and such. But the trading I do is not to make quick profits like scalping which is often done by day traders. But my trades are usually done only on altcoins that have upcoming news events and have the potential to build good hype. I usually buy it and keep it until the event and then let it go. I keep repeating things like this and I think trading like this is much easier to do and less mentally taxing. But it was the long analysis steps that took me the most time. And patience is required in this matter.

Offline TopT3ns

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Re: Hold and trade which is best for you?
« Reply #68 on: February 04, 2024, 11:35:39 AM »
I personally trade sometimes. But not every day because I have a job that means I can only trade when I get home from work and such. But the trading I do is not to make quick profits like scalping which is often done by day traders. But my trades are usually done only on altcoins that have upcoming news events and have the potential to build good hype. I usually buy it and keep it until the event and then let it go. I keep repeating things like this and I think trading like this is much easier to do and less mentally taxing. But it was the long analysis steps that took me the most time. And patience is required in this matter.
Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.

Offline Juwel15

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Re: Hold and trade which is best for you?
« Reply #69 on: February 04, 2024, 03:22:36 PM »
I want to learn binary trading.  And want to do this, can I do it in my professional way or will I gain or lose if I do?  So for your benefit, if you could help us a little, because I can make a lot of money in these matters.  Please if you like my this.  Thanks for the reply.

Offline Mr. Magkaisa

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Re: Hold and trade which is best for you?
« Reply #70 on: February 04, 2024, 03:27:00 PM »
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit.  But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.

      -   I think that all of us here in the crypto industry are doing more than just holding, right? Because, of course, we all have expenses that need to be covered every day of our lives, right? So, for us to keep the bills that we have to pay, we still have to find a way to have another source of income.

And for us to do that if we don't have another job, trading in crypto is the solution if we study or know what to know about trading in the crypto business, and we do it by starting with a small amount of capital first to get a profit on actual trade-in CEX or DEX.

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Re: Hold and trade which is best for you?
« Reply #71 on: February 06, 2024, 09:52:05 AM »

Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.


It's good mate, I agree with you trading is not everyday, we can do it if we have free time and the market movement is good.
Traiding needs good experience and emotional control. Because It's not easy to say, we should did it for along years.

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Offline Odohu

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Re: Hold and trade which is best for you?
« Reply #72 on: February 06, 2024, 06:50:16 PM »
In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.

But however in times of Bitcoin holding you don't  need much knowledge  before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.

Trading and losing everything within some hours is just something that can't just happen like that unless you get yourself involved in leverage trading. If it's for buying and selling for day trading, you can run into losses, but you can't lose it all in a single interval of hours.
 
Leverage trading is the only place I have experience. If I place a trade and the trade happens to go against my order and I'm not fast enough to cancel the trade, it can get liquidated depending on how fast the market drops or falls, but day trading gives you one opportunity to recover those lost profits if you don't sell when the price drops and if the traded coin does not also rug pull.
If you don't believe that trading and losing everything within few hours, then you have not really traded Bitcoin. Within an hour, Bitcoin can drop thousands of pips, and traders using leverage and without stop loss can be wiped out with just few spikes.

Even currencies like GBPJPY, that is seen as a littlle stable, can destroy your account during time of high impact news. Truly trading is not for the weak minded neither it is for the careless people who trade without stop loss of strong strategy. I really do not encourage anyone to trade with any funds they are not willing to lose.

Offline Carbitcoin

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Re: Hold and trade which is best for you?
« Reply #73 on: February 06, 2024, 07:08:48 PM »
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit.  But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.

      -   I think that all of us here in the crypto industry are doing more than just holding, right? Because, of course, we all have expenses that need to be covered every day of our lives, right? So, for us to keep the bills that we have to pay, we still have to find a way to have another source of income.

And for us to do that if we don't have another job, trading in crypto is the solution if we study or know what to know about trading in the crypto business, and we do it by starting with a small amount of capital first to get a profit on actual trade-in CEX or DEX.
I am sure that it is better to work in a diverse direction. The best results are shown by combinations of a long-term hold strategy and a short-term trading strategy.  But in general, investing in cryptocurrency should be approached consciously. A conservative and cautious approach involves studying all available market analysis methods.
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Offline Gurujebs

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Re: Hold and trade which is best for you?
« Reply #74 on: February 06, 2024, 07:31:05 PM »
Investing also needs knowledge mate, when the right will we choose to buy bitcoin.
If we don't have knowledge we will  do at the wrong time.
It will make us lost. But If we talk trading we needs much knowledge, experience and skill.
Trading is more risky and difficult for newbies

Investing in a coin is can get you two things. First is the profit and the second is loss. You will get profit when you invest in the right project and you can get loss when you invest in the wrong project. This is what investing can put you through and because you have to hold, it pose more risk than trading because you can't get out unless you sell and that has to be in profit.

As for trading, you can get profit and loss too. Profit comes when make a great trade and loss comes when you make a bad move. However, with trading you can get in and get out of any hot coin that is trending and you can make your money without waiting much on th future of the coins, this is the versatility you get trading but investing has to deal with holding which isn't always certain.
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MIX.NOW
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