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.
3 of your coins are enough to be on hold so what are your plans ? to put them in shitcoins instead?
best to dispose that UCT and convert at least to Ripple for more ready holding that that coin.
trade only if you have knowledge and time , if none of those are on you? then best to keep holding for years.
I would swap that UCT for ICP or a micro cap like 0xMR if you want a higher risk/reward ratio. I would also rather hold XRP than ETH or BNB honestly.
It's you to decide though, right? And just like your comparison, if you understand the risk/reward
you can come up with an idea that will let you believe and support the asset that you'll going to support. It's more on
knowledge base and the positivity that you provide with each asset that you are holding.
Most experienced traders choose different coins from a different perspective, either to go long or short but the
catch is how they will manage to take profits.