I Feel like sharing my opinion and I would like it if anyone can convince me enough
So, let me say I've been trading or started trading for a while now but I still count my self as an Armature Trader so far. Why?
Because I've never made a good profit so far and whenever I make one, I end up at loss later.
But with all these, I still believe in trading than holding my crypto assets because I know with time, when I get to understand how it works and go very well, I can keep making my profit and will never loss more than expectation.
Reason why I said all these is because I hold some crypto assets a while ago because I believe in them and thinking they are going to be like top 100 in the market within years. But I was wrong.
I wish I have been trading since then and probably, I would have gain more or earn more because I hardly loss even as armature as I am.
Many people hodl but I think trading is more preferable.
So Maybe I am right which I think I am but still looking forward to others opinion or advice.
I think the title is kinda misleading. I'm also not a pro when it comes to trading but I just want to share some of what I've learnt through continously trying it.
Which is better, trading or holding? It depends on your goal. If you want to maximize your capital in short term, I recommend that you do trading. If your goal is for long term, holding is more ideal. Butif you will do trading, mjist make sure that you are ready. What I mean with being ready is that you are properly equipped with knowledge. For holding, make sure that you also know what you are buying. Buy crypto whose already proven its worth. Sometimes, being on the top 10 is not an assurance to hold a coin. I suggest that you focus on Bitcoin and Ethereum for holding.
I'm still a work in progress, also striving for more learnings abiut cryptocurrency. I hipe that this is somehow helpful. Good luck and God bless us more!