Hold vs trading what is better?

[jeraldskie11]

But trading can make you instant millionaire

If that's the case, it can make you poor instantly because you would love to trade with a big amount before you actualize that.

I pity anyone who is trading with this kind of mindset you have. What will be their situation in months or years to come, whether they are willing to advise their family or friends to go into trading because it can make them a millionaire instantly as you thought? I do hope you are a millionaire already through trading because it would be too wrong of you to dish out this fallacy without you experiencing it before.

I agree with you. There are traders who became millionaire but they didn't make it overnight. I believe that the potential ROI in trading is very high compare to investing because it uses leverage. But it's not easy to become a profitable trader because the risks is so high, that's why most of them still unprofitable up to this days. Actually, if ever he became millionaire because of trading I believe that he can make it with his family too. But the truth is, there is no instant millionaire in trading or else you're probably gambling.

[Aanuoluwatofunmi]

Many just see trading from afar without having the experience in it, thereby making every proclamation they say about trading in an inappropriate manner, for everything we can do to make us get money as profit, it also comes with it's own challenges and demands, we can make the very best of it all when we already have an idea on what we are into, this will help alot, wether we are going for holding or trading, the end expectations we all wanted is to make profits, but there's always one thing people don't often talk about, which is the risk in either ways.

[winterfrost]

What do you think?

i feel that it depends on the volatile nature of what you intend holding or trading, trading requires a bit of calculative strategies and for most people that are new to the crypto space, I would suggest that it is preferable to choose a good crypto and just hodl it while leaning the whole trading process. I'm not sure if people experience looses that much in holding a crypto asset compared to trading. As long as you have studied the altcoin you intend holding, especially now that the bull run is in anticipation, you can just buy I and hold while observing the market structure. I guess it's not a technical something that will be difficult for even the newbies in he forum to do.

[Baofeng]

What do you think?

i feel that it depends on the volatile nature of what you intend holding or trading, trading requires a bit of calculative strategies and for most people that are new to the crypto space, I would suggest that it is preferable to choose a good crypto and just hodl it while leaning the whole trading process. I'm not sure if people experience looses that much in holding a crypto asset compared to trading. As long as you have studied the altcoin you intend holding, especially now that the bull run is in anticipation, you can just buy I and hold while observing the market structure. I guess it's not a technical something that will be difficult for even the newbies in he forum to do.

Everything is volatile though as far as crypto, less volatile could be Bitcoin but still there are ups and downs and even it is the prime mover, it could still fall as a volatile asset.

But as far as Holding vs Trading, depends, for me, not every crypto enthusiast can trade, so for me, the easiest route is to just buy and HODL long term and just sell when necessary. Of course, you can make money in trading but it takes some skills to do that and it might take sometime to learn that skills. And it might not be enough though to really make the money that you want.

[DannyD234]

To me I think HOLD is better than trading because it is not as risky as trading, although holding has its own disadvantages such as:
1: price fluctuation or volatility
2: market manipulation etc
It is the safest for newbie to start in their journey in crypto due it does not require expert knowledge in crypto but your ability to predict the price fluctuation of cryptocurrency.

[Primo1760]

It is better to practice which is which. The strategy that makes you more profit is the effective one to practice. To practice the strategy will make you perfect in slowly but surely  application. To hold or trade is good in a matter of time. The right time is what matters.

What do you think?

If someone has a lot of experience about the trading platform then he can benefit from the trading platform and if someone has no experience about the trading platform then he can never benefit from the trading platform then surely the holding will be good. But if you look for the difference, holding is definitely better than trading because you can lose money while trading but holding is unlikely to lose money. Anyone can trade but holding can be done by everyone. All in all holding is much better than trading for me.

[Gurujebs]

To me I think HOLD is better than trading because it is not as risky as trading, although holding has its own disadvantages such as:
1: price fluctuation or volatility
2: market manipulation etc
It is the safest for newbie to start in their journey in crypto due it does not require expert knowledge in crypto but your ability to predict the price fluctuation of cryptocurrency.

Trading beats holding anyday any time but because people that has limited amount to spare and people that has the money but doesn't have the time to do it, so they prefer to hold but if you are a typical person that doesn't have much work and has the money to trade, you will make money from trading because if you have the mind, when the market is going up trend, you can open a position and get the desire profits like the holder and short the market when it's coming down and the person that is holding will be bleeding in loss, that's the advantage of trading over holding.

However, trading need your time, it need your knowledge about trading particularly the fundamental and technical analysis and the years of experience you have had in this trading. Your experience here will determined how you are going to do here and when to take profits in any coins.

[Jackie0012]

Holding is good for longterm and trading is good shortterm.

[bayu7adi]

Holding is good for longterm and trading is good shortterm.

Not sure about that, in fact there are still many people who have been trading since 10 years ago and maybe only a handful of people have been trading for more than 10 years. Maybe if what you mean is the time frame used, trading can indeed bring profits in the near future. even if you succeed in selling coins at a price above the purchase price. Here there is never a guarantee that a trader will be good for the short term, it could be that the short term is only enough for learning trading.

while HODL is also suitable for the long term. But there are some moments where one can cut the long term into a shorter term. Of course, if there is a very high green candlestick coming at a certain time.

[famososMuertos]

...//:::

+1
What you mention is true, but in the long run it is not about which is better, rather which works for you, trading is not easy for everyone, it requires time and talent, and hodl may be boring for many, or they may not have so much patience.

And there will be those who live between those two "passionate" positions.

[Gurujebs]

It is better to practice which is which. The strategy that makes you more profit is the effective one to practice. To practice the strategy will make you perfect in slowly but surely  application. To hold or trade is good in a matter of time. The right time is what matters.

What do you think?

Comparing the two i think both are good ways to make money but i think trading can be more profitable when mastered. It all depends on the person and what works best for them, trading is not a thing for those are busy and will not havve time so if the person is a busy type of person then they will easily opt for Holding since it doesn’t really require much work. To hold all one needs to do is carry out research and make decisions on the best coins of his choice and then invest and store them in a wallet for as long as they wish but for trading one needs a lot of knowledge to fully understand the market and strategies that will benefit them.

Trading in my opinion is more profitable but carries more risk.

+1
What you mention is true, but in the long run it is not about which is better, rather which works for you, trading is not easy for everyone, it requires time and talent, and hodl may be boring for many, or they may not have so much patience.

And there will be those who live between those two "passionate" positions.

What works for you is what a person should go for because in crypto space trying to follow what works for someone else usually doesn’t work for others so we need to understand what works best for us and stick to it. I my self don’t have the patience to hodl for long.

[pawel7777]

Holding is good for longterm and trading is good shortterm.

It's more of the long-term being less risky than the short-term.
Short-term/day traders tend to lose money on average, with only a small percentage of them being profitable.

[MVL~$]

Whether to trade or hold depends on the situation. If you already held a coin when it was worth a lot less than it is now worth hundreds of times. Then it must be sold at that time. Again if you have bought a coin but it has gone down then you can hold on to it until it rises in value if you want. Circumstances play a key role in these matters.

[Dr.Bitcoin_Strange]

It is better to practice which is which. The strategy that makes you more profit is the effective one to practice. To practice the strategy will make you perfect in slowly but surely  application. To hold or trade is good in a matter of time. The right time is what matters.

What do you think?

Whether to HODL or trade is totally dependent on the asset or your portfolio. For people who are interested in investing on altcoins, then trading would prove to be more effective and would generate more interest and profit for you, but if you're a Bitcoin enthusiast, then trading would be the worst investment approach for you because even if you make profit on the process, you won't really maximize the full potential of the investment. The best approach to follow Bitcoin investment is to HODL, not just for little period, but for a very long period, then alone would you maximize the true potential of Bitcoin.

[EluguHcman]

It depends on the quality of profits you are interested about. If you want a quick profit with any available amount, you can invest for a short-term goal but if you want a huge profits that could shake your ATH profits then Tou must go on hodling being the long-term investment goal and this would require you patient exercises in a long period of times.
But above it all, hodling is better but that Is only possible when you have alternative source for earning so you could attend to your other financial requirements.