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.
I believe it is basically about what you can do. Firstly, Hodling does not cost you anything but just to buy and hodl till the price of the particular coin is right to sell and take profit but as far as trading is concerned, you cannot do it unless you actually know how to trade and understands that market instead of someone just telling you, you can accumulate more by trading which is true but you must have the know-how. So if you don't know ho to trade, just buy and hodl.
You can work on it little by little, no need to decide quickly but while practicing and experiencing the market movement.
If you are serious enough to understand how things work within this business, you'll be able to acknowledge
if you are good with trading or you can just continue doing it as investment by buying and waiting for your
assets to pump with the value.