Post
Topic
Board Trading Discussion
Re: which is a good option?? Trade or Hodl
by
milewilda
on 08/01/2022, 20:35:13 UTC
Buying and holding is always the best option if you don't have trading skills because sometimes we might lose more money in trading if we don't justify them perfectly. Trading is completely Job which we need to spend a lot of time on the charts and price prediction, if we don't predict them perfectly we might lose our initial capital.
Trading does really need;

1. Effort
2. Time
3. Risk management

Investment

1. Proper selection
2. Fund handling/Capital
3. Crucial decision making on when to sell.

There might be some similarities in between the two but choosing on which one
So its a personal choice whether which side you would be taking in.