Post
Topic
Board Altcoin Discussion
Re: Crypto currency is all about Hodling.
by
Wingo
on 23/08/2020, 13:35:15 UTC
The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

Trading can be more profitable of you know how to analyze the charts correctly, but then this is more complex in crypto since there not much fundamentals to consider. Technicals can work sometime but the volatility makes it impossible to predict the exact movement.
Holding on the other hand is more of speculating, it's a bit risky since there are not much basis of the future situations that will affect the price action.
But then it's less stressful compared to day trading.