Post
Topic
Board Beginners & Help
Re: Trading Or Holdings
by
ajiz138
on 05/03/2023, 13:18:37 UTC
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It depends on the experience of the individual. Not everyone will be smart enough to know which Altcoin has potential to do well in the future. For an experienced trader who can do both trading and holding at the same time and still stay in profit they can go ahead. But for inexperienced or novices in the crypto business it is better they stick to holding Bitcoin, If they can earn other tokens/coins they simply swap to Bitcoin and hold because it is better to grow sluggishly that have all your sweat thrown in the dungeon.
It's not easy to choose an altcoin that has the potential to be traded and profitable, sometimes it's much more difficult because you have to analyze it first so it requires strong experience to understand and choose in trading, but for beginners I think this is a difficult way where they have to struggling in trading where there is no experience it will be a loss and a trap and cannot return the capital back, but by means of professional trading and being able in his skills it is possible to get used to doing that.

But the way that is simple and can be done by everyone is holding, he might just buy and then save it. If there is a free token from the airdrop, it is much better to exchange it for bitcoin and store it as a long-term asset.
But what can do this?