Post
Topic
Board Altcoin Discussion
Re: Do start to trade
by
styca
on 05/12/2018, 06:46:42 UTC
Most of the advice I see when someone asks if they should HODL or trade is that to HODL.
If we only HODL and not trade, how will we ever make profit.
If we do HODL, how long do we have to just hold. The only  thing happens is the price keep going down.

I believe instead of just keep holding, we should at least start trading. For beginners they can also learn how to trade.
I've started to trade 3 months ago and I've been earning profit since.

This is just my opinion and I would encourage others to do so as well.
Cheers (:

Trading can be lucrative, but it does also come with some risk which is why a lot of people prefer to hold. Depending on where you are in the world, there is also the tax implication to consider - some countries (e.g. the UK) see a crypto-to-crypto trade as a taxable event, it's not necessarily just when you cash out to fiat,