Post
Topic
Board Trading Discussion
Re: Do I hold?
by
gabmen
on 20/10/2017, 06:37:32 UTC
You never lost with hold. Buy and forget your coin and don't track daily prices. If you track you can make panic and sell your coins.

I certainly not disagree with your opinion, to be fair I am almost only holding my coins but reading the news its the important thing to keep you informed what's happening on the market.
It would be much better if the investor will learn the art os staying calm under all sort of situations. If someone is just planning to hodl on for long then it is basically saving or inveting but not trading and he cannot earn as much profit out of hodling as from trading.

However, is a person does not wants to take risk then he must at least spend his money on  so that savings will do some good.
Holding is very easy and big trick in the field of trading but more people have no patience they want to invest and get payment at that time is not easy and mostly go to loss. Holding s is very profitable for future and mostly s investor are following this trick.
I think for trading is more efficient than holding.  it will help you to grow and increase your bitcoin amounts into a bigger numbers. There is no doubt that holding bitcoin for long term run is a good option but using it to make more money by trading it on different good altcoins is much better than just keeping it idle but for those who just want to invest doesn't takes interest in day to day increase or decrease of the coin for them hold of bitcoin and some of the potential coins is good.

yes, I think that if you have knowledge enough you should trade.That helps you increase your skill and money. Otherwise, if you are not confident with your knowledge, you should hold in 2 or 3 years.

The choice you make as well for the altcoin that you'll trust is essential if you're going to hold.or not. If it's bitcoin, then there's obviously good reason to hold. If it's an alt or an ico, then it's better to reasearch a lot about the background of the coin you'll be holding.