Post
Topic
Board Trading Discussion
Re: Thoughts on Straight HODL vs Trading
by
Jambolb2
on 07/04/2018, 15:17:55 UTC
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.
There are risks involved in the both of them, but I will prefer to combine the both of them. Hodl is a good idea, but it’s only the best option when we talk of a long term investment. But as for something that takes a short time, then Trading is the right choice. Of course there will be loss always, same as the gain you will make from it. If you’re so lucky by the end of the day the profit you have made will be greater than the loss so far. When you are an expert you will hardly lose money. But as I said before, I prefer both of them; I trade and I also Hodl.