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
since you mentioned that you don't have experience in trading, its better to just hodl. but if you want to learn, start from very small amount to minimize loses. the objective is to learn and earning is secondary.
also, if you want to hodl long term, you may select just a few promising altcoin and the rest will be exchanged to btc or eth.