Hold and trade which is best for you?

[ajiz138]

Knowledge is something we must have at the beginning, regarding experience we will get it from time to time, because it is impossible for us to have experience before doing anything, unless we listen to other people's experiences.

At least, we must have the basic knowledge. It is impossible to do it properly if we have no basic knowledge.
Actually, we can get knowledge from other people's story. However, it will be more effective if we experience it ourselves. Our experience should be increasing toward the number of our trading activities.

That is something we should not ignore, because in any case the role of both is very important in this activity. If we ignore one of them, it might make us feel a great loss.

Knowledge has a crucial role. We can't avoid it, it is a must to have enough knowledge. There is no way that we can ignore knowledge, we must take some lessons firstly before we start trading.

That's what we will face, without knowledge we will be confused about what we will do. Not only that, even when we have knowledge sometimes we will face situations where we will meet new things and that requires us to learn them again.

In addition, sometimes we also forget certain things. Previously we have learned it and when practicing we forget or in practice there is a big difference so that we have to adjust it again.

[smartaction]

Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.

I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.

It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.

That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.

Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.

We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.

[JISAN]

We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.

Of course everything requires experience. nothing good can be done without experience.

The main topic here is whether you prefer trading or holding. Don't you think you're having the wrong discussion here? Yes experience in both trading and holding is required but it is not directly related to this topic. You ended your post by writing only stories of experience which can be considered off topic

[laijsica]

Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.

I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.

It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.

That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.

Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.

We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.

I consider your advice to be very wise and a trader must be experienced otherwise there is a possibility of loss.
You should have advice for new traders and by providing them with the right guideline, newbies like us may have a chance to benefit more. Trading is definitely a good way for experienced people and their tolerance level is much higher than that of newbie investors.

However, as a newbie trader, I give more importance to choosing the right crypto in the overall market and I give more importance to the holding strategy than to getting profit. I also show more tendency to get average UP through small buying.

After prety decent holding through regular buying through market analysis, short-term trading or long-term investment decisions should be considered.

[jeraldskie11]

Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.

I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.

It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.

That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.

Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.

We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

[Themepen]

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

Yes that is right Experience is very important when it comes to trading and I agree with that. By the way many from us spend a lot of money on trading and lose a lot just to learn. I also would not recommend that new traders use real money just to get experience. There is something called demo trading where they can practice trading without using real money and it uses real life charts. Only downside is that you they not feel emotions that come with trading real money. But overall demo trading is best way to test your strategy and if we are doing well so we can try it with real account using small amount of money.

[nakmantu99]

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

Yes that is right Experience is very important when it comes to trading and I agree with that. By the way many from us spend a lot of money on trading and lose a lot just to learn. I also would not recommend that new traders use real money just to get experience. There is something called demo trading where they can practice trading without using real money and it uses real life charts. Only downside is that you they not feel emotions that come with trading real money. But overall demo trading is best way to test your strategy and if we are doing well so we can try it with real account using small amount of money.

Demo trading to practice skills, and this can be used for those who do not have much knowledge and experience in trading.
I have been trading for a long time and I agree with you, that trading requires experience and knowledge and of course this is not easy because it takes time and high focus in learning and practicing trading skills. Also have good emotions because we are always faced with the crypto market which is difficult to predict.

[UNIVERSE]

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.

Anyway, demo trading won't increase our experience. Demo trading will be only helpful for a newbie for the first time in trading. But it is not recommended to use demo trading if our goal is to gain experience. It should be real trading, this is the only way to increase our experience.

[dekafee79]

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.

Anyway, demo trading won't increase our experience. Demo trading will be only helpful for a newbie for the first time in trading. But it is not recommended to use demo trading if our goal is to gain experience. It should be real trading, this is the only way to increase our experience.

Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.
because trading takes time to hone abilities and train skills.

[Vx1]

~

Thtas right in trading we must have extensive experience and knowledge, because without knowledge and experience like we are gambling. trading requires making analysis, developing strategies and having good emotional management. and all of that can be done well if we have experience, so becoming a trader requires long experience and always practicing with the skills we have.

There are actually many things to learn in crypto trading if we want to become a professional trader, I myself have not been able to do it. Still often trading wrong steps, finally I also suffer losses. Lack of mental control, still easily panic and so on. Still need to learn more to become a reliable crypto trader, and advice from friends here is very much needed.

[bounceback]

Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.
because trading takes time to hone abilities and train skills.

Demo trading account most helpful for beginner or newbie start trading in cryptocurrency and they can begin how take action directly how to buy, sell and make analyze before trading. I think demo account trading will be guider for beginner about step by step with trading but must brave for taking action with real account.
In cryptocurrency trading most important how braveness take risk when investing, usually many people doubt or worry to buy when bitcoin or altcoin have lower price and waiting until get more lower price again.

[jeraldskie11]

Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.

Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.

Anyway, demo trading won't increase our experience. Demo trading will be only helpful for a newbie for the first time in trading. But it is not recommended to use demo trading if our goal is to gain experience. It should be real trading, this is the only way to increase our experience.

The only difference between trading with real account and demo is their execution. Our execution can be affected by our emotion that's why we can't see a trader with the same strategy have the same trading pair to trade and win rate. You can gain good experience in trading with real account but when it's your first time, you have to put a small amount of capital because your only goal is gain experience, it's also to prevent potential loses in the market. I highly recommend to do demo trading, those people who don't do demo's  possibly can't handle their emotion not to trade right away.

[Chilwell]

Investing and trading cryptocurrencies can be viable option offering unique advantages. Both strategies aim to generate profit but different in approach. It is not a bad idea for someone to invest or trade, both of them has their advantages  you can hold on for their life and you can also trade. you can choose to hold or trade it's depend on your interest, holding took a long time to make profit while trading is for short-term. what lead both holding and Trading is understanding the market and also having experience, skills and knowledge on how the market works, a professional Trader  can earn a lot in daily basis trading, also a perfect and professional investor can also earn a lot at the end of long-term investment.

[LUCKMCFLY]

Bitcoin is a proven coin because of many attacks in the past, one of which is as you said. at that time many people said bitcoin is just a bubble but it turned out all were refuted. the price of bitcoin is getting more expensive day by day and bitcoin is getting more popular even a US presidential candidate supports bitcoin and will make the US the center of bitcoin. Trump's victory made the price of bitcoin soar.

It's a fact, things are as you say, for me the price driver was him, I think things will get much better by 2025 because it's a fact that when he takes power things will be better, for me the price of BTC once TRUMP takes power will be much bigger, of course it's not that the price is driven thanks to him all the time, but also the fundamentals that are being presented in the world can undoubtedly help, most of the fundamentals are negative, but those that are positive should be taken into account, I know the price is high but it doesn't hurt to have one or another purchase around.

[enwi]

Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.
because trading takes time to hone abilities and train skills.

A way to gain initial experience is for example through paper trading which will help to understand how the different tools that are available function in regard to market mechanisms. But live experience on the market while studying reveals many things about real feelings and situations in relation to a specific choice that has not been considered in a textbook. When actually beginning to take actions, then we are able to practise to what we are doing and even learn from actualities. We also get direct exposure that affords us unattainable exposure the moment we get involved directly. Each small movement in the real market is a valuable process to increase our skills and our abilities to make the right decision.