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 believe that at this time you should only trade short-term by day and always have specific trading plan to minimize the risk in trading. The market is bearish in the long term so you should not hold any coin because the bitcoin price will probably decrease at any time and that will cause the price of altcoin to fall sharply and you will greatly damage.