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Author Topic: Hold vs trading what is better?  (Read 33761 times)

Offline DAMKAR

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Re: Hold vs trading what is better?
« Reply #315 on: April 07, 2024, 06:12:04 PM »
I think its better to have a knowledge about crypto,  because you know how to hold and trades. And think this two concepts will be important.
Knowledge can be helpful, but that alone will not help you if you want to either holding, or trading. There's one thing that I believe you also need if you want to be successful in either one of them. Experience.

Whatever experience is very important for you to make better decisions in the future. You experiencing losing money in either trading or holding would help you avoid that decision and will adjust to it. Both of them can give you losses since both of them have risk. The only thing is that, trading has much larger risk compare to just buying and holding but on contrast, the reward will be much higher as well.

At the end of the day, there will be investors who will just prefer buying and holding rather than trading, and there will be investors who will trade all of their assets instead of just holding it. There will be some who will do both because they believe they can do both of them and make profit on both. Having knowledge would be helpful obviously but experience will help you make better decisions.
Experience is the main key to investing, especially if you want to become a professional trader. And knowledge is a reinforcement of the experience we get, the two cannot be separated because we need both

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Re: Hold vs trading what is better?
« Reply #315 on: April 07, 2024, 06:12:04 PM »

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Online Litzki1990

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Re: Hold vs trading what is better?
« Reply #316 on: April 12, 2024, 03:46:27 PM »
I think its better to have a knowledge about crypto,  because you know how to hold and trades. And think this two concepts will be important.
Knowledge can be helpful, but that alone will not help you if you want to either holding, or trading. There's one thing that I believe you also need if you want to be successful in either one of them. Experience.

Whatever experience is very important for you to make better decisions in the future. You experiencing losing money in either trading or holding would help you avoid that decision and will adjust to it. Both of them can give you losses since both of them have risk. The only thing is that, trading has much larger risk compare to just buying and holding but on contrast, the reward will be much higher as well.

At the end of the day, there will be investors who will just prefer buying and holding rather than trading, and there will be investors who will trade all of their assets instead of just holding it. There will be some who will do both because they believe they can do both of them and make profit on both. Having knowledge would be helpful obviously but experience will help you make better decisions.
Experience is the main key to investing, especially if you want to become a professional trader. And knowledge is a reinforcement of the experience we get, the two cannot be separated because we need both
An investor usually does not spend much time analyzing the market or sitting with the market while investing, but a trader has to analyze the market for most of the day and always keep the market chart in front of the monitor and then try to understand the market in different ways. Professional traders use multiple monitors and try to monitor the market by keeping the same chart on multiple monitors. Trading is very difficult for those who are professional traders but for those who don't have much idea about trading, trading seems very easy because they don't know how to trade in the right way.

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Re: Hold vs trading what is better?
« Reply #317 on: April 12, 2024, 06:01:03 PM »

An investor usually does not spend much time analyzing the market or sitting with the market while investing, but a trader has to analyze the market for most of the day and always keep the market chart in front of the monitor and then try to understand the market in different ways. Professional traders use multiple monitors and try to monitor the market by keeping the same chart on multiple monitors. Trading is very difficult for those who are professional traders but for those who don't have much idea about trading, trading seems very easy because they don't know how to trade in the right way.
It is very difficult and takes time to become a professional trader, because it requires experience and expertise as well as time to monitor the market. monitor movements and analyze. Also predicting prices in the near future, I have busy lives in the real world, so I don't have time to do it all.

 

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