Post
Topic
Board Trading Discussion
Re: Indicator for good daily trading performance?
by
Mpamaegbu
on 02/02/2021, 13:05:04 UTC
I use Binance as it was recommended here Smiley
Binance is a nice place to start for beginners because it gives traders the confidence that their funds are safe. But the problem with Binance is it's high withdrawal fees, for Bitcoin.


Trading is more efficient than holding, the more you trade, the more profit, that's mathematical view I see applicable now.
Hodling doesn't task one's brain on any rational or irrational moves to make while trading throws in all that. You're absolutely right. It's easier to grow tokens through trading but there is a high risk of also losing the token when price surges and never returns to the sold price. This is what scares a lot of people who tag themselves hodlers. Otherwise, nothing stops a hodler from offloading once he observers a dip ahead and then rebuys later. It's a twist. Of course, everyone likes for the quantity of whatever token/coins they have to increase in quantity too.