Trading or holding

[bits98]

I want to know the opinion of our community that which is the best option, holding a coin for long-term to get longterm gains or do some trading activities. As I studied from various forums, trading is riskier then holding because of high volatility nature of this market if we don't have skills as trading requires a lot of expertise.

Yeah that’s true. Its better to hold cryptocurrency than trade if you don’t have much knowledge. Cryptocurrencies are highly volatile so trading them won’t be a good idea. You should rather invest in it, do your research side by side and then maybe start trading once you have gained reasonable knowledge.

[Cryp_keen]

Yeah that’s true. Its better to hold cryptocurrency than trade if you don’t have much knowledge. Cryptocurrencies are highly volatile so trading them won’t be a good idea. You should rather invest in it, do your research side by side and then maybe start trading once you have gained reasonable knowledge.

True, knowledge is where most of the people are lacking. They need quick results because of which they directly start to trade, giving no/little attention to the research part.

[R]

i'm working on two plans, trading and hedging. 

[dewod_]

It all depends on your knowledge and experience. It's good to have some knowledge first, before you decide to trade. Experience is just a matter of time. Moreover, I recommend to choose the right cryptocurrency exchange, which is proper for "new" traders, for example CoinDeal. Just find a user-friendly exchange which is okay for you and then you can start trading

[Urfin]

Trading is necessary to learn, not everything is so simple. It's especially hard to deal with your emotions. If you do not want to risk, it is better to hold.

[WhiskeyHoney]

I'd say it depends on what was your goal when you were buying it. Was it a long-term investment or a way to enhance your funds? You may choose what is safer but first you need to understand what you want

[leithy]

I am holding a range of coins at the moment.Spreading the risk.

[Cryp_keen]

Whether you hold or trade, depends on the purpose for which you are in this field. According to what helps you achieve your goals better, you should decide between the two.

[zombieroadie]

I think holding for too much time is useless. I might be just ignorant in crypto but I think it's better to sell coins when they are expensive and not to wait until they drop down again

[kerjakuat]

I think holding for too much time is useless. I might be just ignorant in crypto but I think it's better to sell coins when they are expensive and not to wait until they drop down again

holding a good coins for a long term is good but in case you hodl a bad or a new token that just release in the market im not very recommend it cause it has yet not so stable and the price might be drop after the listing on the market.

[Krezus]

Trading works only when you hang what you are doing or you have checked signals.

Holding will only earn if you bought good coins at good price and knew when to sell them.

[Istiak]

If you have enough money then holding is a good option. Bitcoin was 0.08$ per BTC in July 2010. Now, look at that coin what it became in time. If you want maximum profit from a cryptocurrency you should wait for its potential growth. But trading is not a bad idea for some quick profit but you should not put any money in the market that you can not afford to lose.

[Urfin]

I am holding a range of coins at the moment.Spreading the risk.

Usually, coins go unidirectionally. Therefore, it is difficult to diversify in the cryptocurrency

[zombieroadie]

Just do whatever you do. This is normal if you use crypto for shopping or for trading, or for investing. It seems to me that this technology should work for people, and not dictate the rules.

[babu10]

I want to know the opinion of our community that which is the best option, holding a coin for long-term to get longterm gains or do some trading activities. As I studied from various forums, trading is riskier then holding because of high volatility nature of this market if we don't have skills as trading requires a lot of expertise.

Trading and holding both are essential here. If you have enough money you can go for holding and if you don't have enough money you can go for trading but be careful about trading and must read more and more before trading and must follow the roadmap in which coin you are investing.
best of luck.