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Author Topic: Which is good for the novice, hold or trade?  (Read 23234 times)

Offline Domithra

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Which is good for the novice, hold or trade?
« on: May 29, 2018, 02:55:36 AM »
As a novice as stated, it will be more advisable to start with holding. After earning your tokens either from investing, bounty or airdrop, just hold for sometime as you gradually study the market for the true potentials of the coin to unveil. Trading especially with the "day-trading" requires experience as you might lose all your money.
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Which is good for the novice, hold or trade?
« on: May 29, 2018, 02:55:36 AM »

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Offline agusaji27

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Re: Which is good for the novice, hold or trade?
« Reply #1 on: May 29, 2018, 03:11:55 AM »
As a novice as stated, it will be more advisable to start with holding. After earning your tokens either from investing, bounty or airdrop, just hold for sometime as you gradually study the market for the true potentials of the coin to unveil. Trading especially with the "day-trading" requires experience as you might lose all your money.
Is it possible that what you are maximizing is a long-term and short-term investment?
Indeed long-term investment is a long process, but if the short term will be greater risk, because if we are a little late will lose a lot of coins.
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Re: Which is good for the novice, hold or trade?
« Reply #2 on: May 29, 2018, 12:09:25 PM »
As a novice as stated, it will be more advisable to start with holding
Preach, brother!
Although one would argue if this strategy works for any coin. This sure is a good way to go for well-established coins provided you invested your fiat money at the right time, buying them low.

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Re: Which is good for the novice, hold or trade?
« Reply #3 on: May 29, 2018, 09:44:08 PM »
hi senior..thank you for your advice, I also tried to make the right decision when to sell my token, it looks like the storm will still happen in the next few days ..

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Re: Which is good for the novice, hold or trade?
« Reply #4 on: May 30, 2018, 05:14:29 AM »
For me i go to holding because holding is very safe and you have time when you sell your coin.
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Re: Which is good for the novice, hold or trade?
« Reply #5 on: May 30, 2018, 06:28:06 PM »
Of course there are always risks both in holding or trading, but in my point of view, holding poses lower risks and if you hold a handfull of coins, chance is that at least one or two will increase their value many times with time, and this will probably turn out to be more profitable than doing trading for quick cash...
The risk is that some of the coins being held loose their value completely, but in crypto pacience is the key and high rewards come to pacient holders ...  ;D

Never forget that nothing can go up forever... and what goes up, will also have to go down... ;)

Offline shinrathensei

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Re: Which is good for the novice, hold or trade?
« Reply #6 on: May 30, 2018, 11:37:48 PM »
There is always a good and bad risk to the world of crypto, To start in the world of crypto you have to keep reading and have a lot of knowledge about coin and trader, If your knowledge is lacking it can backfire for yourself, If for me personally make altcoin to term coin long.

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Re: Which is good for the novice, hold or trade?
« Reply #6 on: May 30, 2018, 11:37:48 PM »


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Re: Which is good for the novice, hold or trade?
« Reply #7 on: May 31, 2018, 12:15:04 AM »
I would also advise you to hold, trading requires a certain habit since the volatility of cryptos is high.
And right now you have some good entry points, buy and hold a few months and when you will have made some profits that will allow you to try trading.
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Re: Which is good for the novice, hold or trade?
« Reply #8 on: May 31, 2018, 02:21:29 AM »
For me i choose two way of trading one is to holding then trade,  because once i hold some of my coins what should i do if i hold it too long so i advice that invest some another coins to trade.

Offline deathpunkz

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Re: Which is good for the novice, hold or trade?
« Reply #9 on: May 31, 2018, 06:32:02 PM »
For novice I think he start to learn more about trading or masterinh the trading because this is the best way to become rich.

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Re: Which is good for the novice, hold or trade?
« Reply #10 on: May 31, 2018, 11:45:16 PM »
For the novice, it will be better to hold the coins for sometime before you sell. Trading is for the experienced people who know the market very well
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Re: Which is good for the novice, hold or trade?
« Reply #11 on: June 06, 2018, 09:41:16 AM »
For beginners, it is better not to engage in trade or on a demo account. Received to the bounty coins to keep some time, sell after the growth.

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Re: Which is good for the novice, hold or trade?
« Reply #12 on: June 06, 2018, 06:47:25 PM »
if I prefer and choose to keep it to be on guard if there is an urgent family need. and must keep trading to supplement daily income.
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Offline Lanirex

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Re: Which is good for the novice, hold or trade?
« Reply #13 on: June 07, 2018, 06:39:16 PM »
As a beginner we should try new things, so we have experience and of course will add knowledge. so trading is more suitable, than just holding back.

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Re: Which is good for the novice, hold or trade?
« Reply #14 on: June 08, 2018, 01:41:35 PM »
For a novice, I think it is good to hold rather than take part in day trading. Day trading is for the experienced traders who know a lot in the business.

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.........Decentralize Silver Ecosystem. .........
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