Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.
I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?
Looking at the market movement, is it a good time to start trading?
Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?
I am eager to learn how to do trading(short-term or day-trading).
Any thoughts? TIA
I find that we should not believe that hold will be profitable at the present time, it can be seen that bitcoin prices are constantly falling deep and this time you can clearly see the price of altcoin is falling very slim. If you keep altcoin, the chances of loss will be high and you will be able to lose a lot of money if bitcoin prices continue to fall further. So I think we should only trade short term.