Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.
I want to know if holding or trading will be more preferred. All suggestions are welcomed.
Trading is preferred because it can provide profits quickly and consistently. However, not a few traders also experience losses or lose their assets due to a momentary price increase and trade carelessly.
Basically, if you want to profit from trading, you must be careful and smart in choosing or analyzing the price of the asset to be traded.
while the holder is the winner of all, hold also includes a strategy in investing to earn profits gradually through buying and holding in the long term.