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Author Topic: Which is good for newbie trade or hold?  (Read 5289 times)

Offline Master107

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Which is good for newbie trade or hold?
« on: February 13, 2021, 09:14:05 AM »
Hello to all newbies.
Maybe someday you may encounter this question; which is good to trade or hold the bounty tokens.

My answer will be it depends.
First you need enough knowledge about investment, holdings and trading. If you think it is worth to hold the bounty tokens then hold. If you think it is good to sell immediately then do it. Aways do your own research. Avoid regretful feelings at the end.  ;)

What do you think?

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Which is good for newbie trade or hold?
« on: February 13, 2021, 09:14:05 AM »

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Offline Crypto Banglu

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Re: Which is good for newbie trade or hold?
« Reply #1 on: February 13, 2021, 11:40:22 AM »
I think the hold is definitely better for new users like us. Because need a lot of experience to trade. And the trade thing is much more risky. So I think it would not be right for newcomers like us to trade because we have no experience. Hold is good for beginners.

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Re: Which is good for newbie trade or hold?
« Reply #2 on: February 13, 2021, 03:04:32 PM »
It's completely depends on person to person because all newbie here not  bounty hunters. Which hunters have bounties campaigns rewards, he should hold his bounties campaigns rewards. Only good coin should hold and sell depends on market situations.

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Re: Which is good for newbie trade or hold?
« Reply #3 on: February 13, 2021, 03:14:56 PM »
Since newbies are inexperienced, I think it is best to hold. The first and simplest reason is that they can lose their funds in a matter of minutes or less, my opinion is that newbies hold their funds 
as long as they can (the more the better) to learn to see how the market works, which exchange do you like the most and is more suitable for him. And after a while, try trading on a very small scale to gain knowledge.
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Offline Fawpac2

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Re: Which is good for newbie trade or hold?
« Reply #4 on: February 13, 2021, 04:19:27 PM »
If you are new, then I must tell you to invest by buying coins. If you buy any coin and invest, you can definitely get a good payment.  Always trading with those coins.  You should never start trading as you are new.  Because if you want to trade, you must have a good idea about trading. You can never be successful in trading without a good idea about trading.
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Offline Master107

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Re: Which is good for newbie trade or hold?
« Reply #5 on: February 13, 2021, 04:23:39 PM »
Since newbies are inexperienced, I think it is best to hold. The first and simplest reason is that they can lose their funds in a matter of minutes or less, my opinion is that newbies hold their funds 
as long as they can (the more the better) to learn to see how the market works, which exchange do you like the most and is more suitable for him. And after a while, try trading on a very small scale to gain knowledge.

I agree with you mate.
Newbies need a concrete knowledge on how cryptos work in volatile price and how to trade the tokens carefully to avoid fishing sites.
+1

Offline LeziT

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Re: Which is good for newbie trade or hold?
« Reply #6 on: February 13, 2021, 06:24:08 PM »
For newcomers, I do not support either trade or hold.Because neither of these is suitable for beginners.If there is no knowledge or idea about the market at the present time then I think there will be a lot of loss by trading and holding.Because such work is always risky.I would like to suggest to the newcomers that they should be the first to get a complete idea about the market and cryptocurrency and enter the field to trade and hold it.

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Re: Which is good for newbie trade or hold?
« Reply #6 on: February 13, 2021, 06:24:08 PM »


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Re: Which is good for newbie trade or hold?
« Reply #7 on: February 13, 2021, 06:31:22 PM »
If you are new to the world of cryptocurrency, I suggest you hold on first.Buy and hold good coins with a good idea of ​​the market.You must buy coins so that you can make a good profit.Trade is not suitable for newcomers because in order to trade, one has to have a complete idea about the market.
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Re: Which is good for newbie trade or hold?
« Reply #8 on: February 13, 2021, 06:43:46 PM »
I am a new member of the forum.I think the most useful is to hold.Because you don't have to analyze the market to hold on.If you know about the coin that will hold the silver.I don't want to hold on to the point at which the future movement of the point I want to hold on can be listed in any market.If you want, you can follow my roses or take the advice of senior brothers.
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Re: Which is good for newbie trade or hold?
« Reply #9 on: February 13, 2021, 07:15:09 PM »
@Zixr it is good to hear and know the opinion of others. But never let someone tell us what to do with our money, that's why every time someone asks what currency to buy or what project to follow I tell them the same thing, DYOR, because if everything goes well there will be no problem, but if something goes wrong and you lose your money the first thing you will do is blame the person who advised you. We must be aware and self-sufficient.
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Offline Abubakar56

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Re: Which is good for newbie trade or hold?
« Reply #10 on: February 14, 2021, 12:23:56 AM »
I started cryptocurrency few years ago and as a newbie I experienced lots of things when I started trading I lost lots of money when I started trading and I was not having anybody to put me true then. As a newbie I think doing your own research about a coin after doing your research if the coin is a good one then you can buy and keep then sell later when you are in good profit.

Offline Freemind

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Re: Which is good for newbie trade or hold?
« Reply #11 on: February 14, 2021, 12:09:26 PM »
When a newbie starts trying to trade (remember, on a small scale), they also need to know when to backing out. If at that moment you believe that you are the master of the world and that in a few minutes you will be a millionaire, you will be totally lost, greed can kill even the best trader, it's important to remember.
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Offline Dreamer

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Re: Which is good for newbie trade or hold?
« Reply #12 on: February 14, 2021, 06:46:34 PM »
I think it's good to make research on that bounty project before making any decision either trading the earned tokens or hold them. Because there are some projects which are very good and promising, but other projects are not good at all from the beginning. That means if a bounty project is good from the beginning, it's token may have a good price in the future so I will hold, otherwise, I will trade it.

Offline Master107

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Re: Which is good for newbie trade or hold?
« Reply #13 on: February 14, 2021, 07:05:07 PM »
Quote
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I agree to majorities opinion.
As for our newbies they need to practice DYOR. What is DYOR? Do Your Own Research.

Normally newbies are impulsive and in hurry to make things under thief own imagination. Therefore they need to research, read and learn from others experience too.

Offline ice18

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Re: Which is good for newbie trade or hold?
« Reply #14 on: February 15, 2021, 09:35:20 AM »
Its ok to trade but on spot only dont ever try a leverage trading if you are a newbie its too risky thing and may resulted in a big loss of your hard earned money hodl or try only in spot market since its really simple strategy research a coin to trade wait for the dip buy and put a sell order with profit.
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