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Author Topic: Hold and trade which is best for you?  (Read 12465 times)

Offline akeemqaz

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Re: Hold and trade which is best for you?
« Reply #240 on: May 04, 2024, 12:40:13 AM »
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.

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Re: Hold and trade which is best for you?
« Reply #240 on: May 04, 2024, 12:40:13 AM »

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Offline KingsDen

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Re: Hold and trade which is best for you?
« Reply #241 on: May 04, 2024, 12:58:22 AM »
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you.
Picking the right way is where the problem lies. While day trading will have you to stake many things ranging from expertise, experience to time. HODLing might not be as demanding as day trading. Both are good ways to earn and including mining. But the easiest to do among them is Hodling. If you can buy once or through DCA and never sell for a long time, you will definitely be on good profit. In whatever way you chose to earn, if you do not have patience, you will definitely lose out. Patience is key...
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Offline LogitechMouse

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Re: Hold and trade which is best for you?
« Reply #242 on: May 04, 2024, 01:33:18 AM »
Quote
Re: Hold and trade which is best for you?
Maybe change the "AND" with "OR" since you let us pick 2 things. :)
Anyway, different investors have different answers to this one because it's a subjective topic, but I rather go hold some long-term coins rather than trading.

I already tried trading and lost many times on it, and it came to a point where I was disappointed on myself because even though I'm watching YouTube videos every single day, I still lost because of my wrong decisions and my emotions. I thought back then that emotions will not affect me since most of the time especially with my investments, I always don't use my emotions on it. Anyway, holding is what works for me hence, that's what I'm focusing with right now.

I know that there are some who are doing both holding and trading, and there's nothing wrong with it. At the end of the day, what matters the most is we earn profits from what we are doing. :)

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Re: Hold and trade which is best for you?
« Reply #243 on: May 04, 2024, 05:59:45 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money

Offline Vx1

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Re: Hold and trade which is best for you?
« Reply #244 on: May 04, 2024, 08:47:09 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
If you can consistently make a profit of 10 to 20 percent every day, you will accumulate huge profits every month, but I'm sure you can't do that either. Actually, I am also the type of person like you in cryptocurrency trading, maybe we have a match. 
By the way, can you give me advice, what Altcoin or coins do you recommend to buy right now?!

Offline Sim_card

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Re: Hold and trade which is best for you?
« Reply #245 on: May 04, 2024, 08:50:00 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.

Offline DAMKAR

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Re: Hold and trade which is best for you?
« Reply #246 on: May 04, 2024, 10:42:09 PM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare time

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Re: Hold and trade which is best for you?
« Reply #246 on: May 04, 2024, 10:42:09 PM »


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Re: Hold and trade which is best for you?
« Reply #247 on: May 05, 2024, 10:33:14 AM »
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make money
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare time
That's right, by holding assets for a long time we can get maximum profits, because when we do daily trading we can't always make a profit, it's different when we do it defensively, the profits you get will be large because we have the opportunity to buy coins at that time. the price is still cheap.

Offline Mr. Magkaisa

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Re: Hold and trade which is best for you?
« Reply #248 on: May 05, 2024, 10:57:49 AM »
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.

       -    Actually, those two can bring about the same benefits, so if you want to be sure, that's where you should invest in long-term holdings. If you are an impatient person and only want a short period of time, go into day trading.

So it really depends on us, but most of the communities I see here are the same or using the same trading method.

Offline $crypto$

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Re: Hold and trade which is best for you?
« Reply #249 on: May 05, 2024, 02:18:31 PM »
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.

       -    Actually, those two can bring about the same benefits, so if you want to be sure, that's where you should invest in long-term holdings. If you are an impatient person and only want a short period of time, go into day trading.

So it really depends on us, but most of the communities I see here are the same or using the same trading method.
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.

Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.

Offline bayu7adi

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Re: Hold and trade which is best for you?
« Reply #250 on: May 07, 2024, 05:32:31 AM »
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
I think many people are aware of this, where holding sometimes doesn't take up our time... there's no need to monitor prices all the time... even after I observed it, some holders check prices just to find out the current market conditions, the decision to sell or buy will depend entirely on time or pressured by necessity.

Currently I also enjoy being a holder where to get a profit sometimes it takes longer, but because the coin I hold is Bitcoin, I believe in the future.

Offline BitMaxz

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Re: Hold and trade which is best for you?
« Reply #251 on: May 07, 2024, 09:09:34 AM »
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.

Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.

Investors always keep holding until the price goes to their target price or target date, but traders who analyze the market structure and know where the price will go will react right away before they lose more, and traders always set a stop loss because they know risk management is the only solution to cut losses on every trade to potentially make more profit than losing, unlike those who keep holding for a long time. So if you keep holding, you may lose in the end.

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Re: Hold and trade which is best for you?
« Reply #252 on: May 08, 2024, 01:58:06 PM »
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.

Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.

Investors always keep holding until the price goes to their target price or target date, but traders who analyze the market structure and know where the price will go will react right away before they lose more, and traders always set a stop loss because they know risk management is the only solution to cut losses on every trade to potentially make more profit than losing, unlike those who keep holding for a long time. So if you keep holding, you may lose in the end.
The problem is that not everyone will be skilled at doing that, so should we take that big risk or not? Our goal in investing and trading is profit, no one wants to feel a loss, but in practice trading is not as easy as what comes out of the mouth.

We have to be able to adapt to our abilities, even though right now we can't touch trading, but if we want we can continue to learn so we can trade. There is always a process and actually that process is what we have to go through.

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Re: Hold and trade which is best for you?
« Reply #253 on: May 08, 2024, 02:10:39 PM »
Depends
- if you are a professional trader the trade certainly wins over hold, because you do it to make a living so you know how to do it and how to manage emotions and above all you have the right news from the right people
- if you are not a professional trader, it is better to hold the right things, whether cryptocurrencies or shares of strong companies such as Apple, Facebook and the like
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Offline doc

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Re: Hold and trade which is best for you?
« Reply #254 on: May 08, 2024, 03:59:26 PM »
Depends
- if you are a professional trader the trade certainly wins over hold, because you do it to make a living so you know how to do it and how to manage emotions and above all you have the right news from the right people
- if you are not a professional trader, it is better to hold the right things, whether cryptocurrencies or shares of strong companies such as Apple, Facebook and the like
You are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.

 

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