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Author Topic: Hold and trade which is best for you?  (Read 10984 times)

Offline Agbe

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Re: Hold and trade which is best for you?
« Reply #255 on: May 08, 2024, 09:51:09 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.
That means indirectly you like to buy the dip and hodle for a long term which is you lime investment to trading. Many people will choose investment because it is less risk in buy and hodle but there is a high level of risk in trading. For someone to benefit and have a good profit the person need a knowledge on trading but in investment you done need much and the basic knowledge is good to invest, buy and hodle for a long term investment.

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Re: Hold and trade which is best for you?
« Reply #255 on: May 08, 2024, 09:51:09 PM »

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Online babo

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Re: Hold and trade which is best for you?
« Reply #256 on: Today at 12:24:26 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.

I say this with regret and envy, not with anger and sarcasm
I'd like to learn how to trade but it's something that takes a really long time and it would mean learning a different job from what I do: so more time
Unfortunately I can't dedicate this time to it
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