Post
Topic
Board Bitcoin Discussion
Re: Hodling vs trading
by
Bushdark
on 25/11/2023, 17:31:23 UTC
Bitcoin hoarding and trading differ in their approach to owning and using coins. Hodling is the holding of bitcoins in a wallet on a long-term basis without frequent transactions. Trading involves frequent buying and selling transactions based on short-term price changes. Hodling provides benefits in terms of ease of use, low transaction costs, long-term benefits and security. The choice between hodling and trading depends on the investor's preferences and strategy. Everything is purely individual, I think whoever has positive experience in a particular strategy stays there.
We should always go for the one we can do not trying to be holding and trading at the same time when we don't know how to trade.
The market is big enough with a lots of crypto projects we can buy and hold for as long as we want.
There is gain in holdings especially when we have good and volatile tokens in our wallet waiting for them to explore and keep increasing in price. The Crypto market is open to us and we can make huge profits depending on the risks we are taking and how much we are investing in the projects we have confidence in.