Hold and trade which is best for you?

[alltalk]

I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.

Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. 

And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.

Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.

[BitMaxz]

I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.

Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. 

And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.

Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.

It's not just a careless way but they are eagerly want to earn instant profit but they doing it in the wrong way which is why they end up losing their capital and they thought that crypto is a scam. They don't know actually how crypto works if they trade on forex they should know there's not so much different if you trade with fiat.

Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.

People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.

[dekafee79]

I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.

Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. 

And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.

Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.

It's not just a careless way but they are eagerly want to earn instant profit but they doing it in the wrong way which is why they end up losing their capital and they thought that crypto is a scam. They don't know actually how crypto works if they trade on forex they should know there's not so much different if you trade with fiat.

Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.

People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.

I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.

[Rubel007]

I prefer holding, I buy coins which I think are good and continue holding them for indefinite amount of time. Some give good profit, some go bust.
This is also reason why short term crashes do not affect me.

Haha, TBH buddy in the current market you dont have the options you need to hold as for the spot market traders there's no possible position. I would like to put some more words on it as trading in such an uncertain market, especially a warning for the leverage trader, I'm not sure did people follow or not almost around $1B market liquidations happening in these days.

Yeah, and that is the truth, we really know what coins is going to be successful or bust in the future, but there could be some that we hold and believed that it will go up in the bull run and then nothing happens. But then they are solid coins that keeps on pushing and then suddenly makes a break out run and we all make a lot of profits.

That's why crypto is not for everyone, others doesn't want to hold and take a risk and doesn't have the mentality to be in the bigger picture, in the long run. And so they won't make a good investor. But majority of us here, with the experiences knows that it's better to be a Bitcoin holder.

         -      I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.

And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing. The capital they use to buy a crypto that they think has potential turns out not to be.

Many fail to determine what is truly appropriate. Choosing a good project also requires knowledge. I have seen many investors who invest based on luck without doing any research and then they don't get significant returns from those investments. Which project is good, What  is the best time for investment or potential at that moment one should know about the fact before investment. For those who do not want to give importance to such knowledge, it is better to hold.

[pieppiep]

I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.

Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. 

And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.

Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.

It's not just a careless way but they are eagerly want to earn instant profit but they doing it in the wrong way which is why they end up losing their capital and they thought that crypto is a scam. They don't know actually how crypto works if they trade on forex they should know there's not so much different if you trade with fiat.

Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.

People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.

I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.

Both are very important to note, Even we also need quite a long time to get maximum results. Keep in mind that investing is not as easy as we imagine. Sometimes we also have to be careful not to be affected by market conditions that suddenly collapse.

[doc]

Both are very important to note, Even we also need quite a long time to get maximum results. Keep in mind that investing is not as easy as we imagine. Sometimes we also have to be careful not to be affected by market conditions that suddenly collapse.

It is better to do both hold and trade, if you have experience and expertise. And as you said both should be considered. But if you have a busy life in the real world, long term hold is the best choice. I also have a busy life in the real world but still have a little time to trade.

[giammangiato]

Doing both could be a good solution, perhaps hold 70% of the funds you have available and trade with the remaining 30%. Unfortunately, you need to be really experienced and know how to set take profits and stop losses well, from what I have read in some how-tos. I am far from really understanding anything. But probably is good solution, anyone do it?

[babo]

I'm experimenting with a grid bot, it might work, I spent 90USDT just to see how it works
he trades within a range, I set the value of bitcoin at 59-61 thousand dollars
outside this range it stays still

I set the leverage at 8, and I have a loss of $40k, if bitcoin drops below 40k I lose my $90

[giammangiato]

...I set the leverage at 8, and I have a loss of $40k, if bitcoin drops below 40k I lose my $90

Interesting, which platform are you using? Now all exchanges have introduced bots and AI to generate balanced cryptocurrency portfolios. They dont care anyway, the more sell and buy operations you do, the more they earn. If you become rich they can only be happy about that.

[JISAN]

Doing both could be a good solution, perhaps hold 70% of the funds you have available and trade with the remaining 30%. Unfortunately, you need to be really experienced and know how to set take profits and stop losses well, from what I have read in some how-tos. I am far from really understanding anything. But probably is good solution, anyone do it?

Your plan is good and I support your plan. Knowing that holding is safe for us, we cannot hold because we do not have that patience. And in order to increase this patience, we have to keep ourselves busy on something else, if we train on a small scale, such as holding 70% of the total budget and trading with the remaining 30%, we will be experienced on both sides and always keep the holding. I am comfortable with holding because I have a lot of losing experience in trading so now I want to avoid trading. But I can't avoid it completely so I trade sometimes

[debra]

I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.

Yes, patience is important part in crypto investment. We must have patience besides we must have good knowledge and experience. It will be nothing if we are experienced and have good knowledge but we have no patience. Holding crypto coins will be never easy because of too many FUDs. That's why we must have good patience, too. When the market is in red, patience will have a big role at that time because we will see too many bad news. Besides we must have good analysis, it is also necessary to have good mentality.

[dekafee79]

I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.

Yes, patience is important part in crypto investment. We must have patience besides we must have good knowledge and experience. It will be nothing if we are experienced and have good knowledge but we have no patience. Holding crypto coins will be never easy because of too many FUDs. That's why we must have good patience, too. When the market is in red, patience will have a big role at that time because we will see too many bad news. Besides we must have good analysis, it is also necessary to have good mentality.

FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.

[alltalk]

Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.

Agree. Losing is normal if we have lack of knowledge. How we can trade properly if we have no enough knowledge. 
I also have experienced losses many times, it was when I have lack of knowledge. When I was trying to trade in 2018, I got too many difficulties and I choose trading strategies carelessly. So, I never succeed in trading at that time. But now, I have changed totally my trading strategies.

The current dip was around $49k. Maybe there will be another dump before the next ATH. If you want to collect more BTC, just wait for the next dump.

People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.

Yep. That's why it is important to focus on learning first. I don't know why there are many newbies who try to get money as quick as possible. They think it is easy to get profits in crypto trading. In fact, they only get losses and quit very early. 

[debra]

FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.

Very true. There will be always FUDs, we can't avoid the FUDs. That's why we must have good mentality and have sufficient knowledge. In this way, we can understand it well, so we won't feel panic. Patience has a big role to determine the success in investment. If someone has no patience, he surely will be easy to quit from crypto investment. We must be aware that crypto investment is not for people who have no patience.

[B.Trader]

FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.

Very true. There will be always FUDs, we can't avoid the FUDs. That's why we must have good mentality and have sufficient knowledge. In this way, we can understand it well, so we won't feel panic. Patience has a big role to determine the success in investment. If someone has no patience, he surely will be easy to quit from crypto investment. We must be aware that crypto investment is not for people who have no patience.

I agree with you because cryptocurrency markets will always have FUB.  I do not understand anything, I understand a little bit.  From there I can say that you must be patient to invest in crypto currency Patience is very important in trading.