Post
Topic
Board Bitcoin Discussion
Re: Hodling vs trading
by
milewilda
on 29/11/2023, 12:03:25 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.
To be honest, not all cryptocurrencies are worth being held for the long term and most of them are extremely volatile and unpredictable and aren't suitable for this which is the reason why altcoins are generally used just for short or medium-term trading and not for long-term holding like Bitcoin. There are only a few altcoins that can be trusted to be held for a long time, ETH is one example of that which is the second largest and most successful cryptocurrency in the market.

It is also not necessary for a person to just do one of the two as one can always do both holding and trading since it isn't that difficult to learn the necessary trading practices and get into trading while you are already holding some of your assets like Bitcoin and ETH or a few more altcoins that you think have the potential to provide good returns in the long run.
It would really vary on what coin you are really that holding which its true that not all would really be that would be hold for long term. If you are that someone that have trust on a certain project then it would be good
but we know on what coin should really be that be hold for long years which is Bitcoin and some top known altcoins or already have that strong community. If you cant be able to bare up with the risks then holding would be your choice but if you are someone whose really that risk taker then you could really choose up on trading but of course this is something which it is really that very hard when it comes to make yourself profitable.
It would be needing up tons of experience and awareness on how this market moves because if you dont then you would be finding out yourself to be that failing on this one.

So its matter of choice on which one you would be choosing because not all would really be risk takers and not all would really be that confident on what they ha invested. This is why
decisions been made would really be entirely be different to each other but we know that there would really be those individuals who would really be loving
to take up the risks for  them to be able to gain benefit or having the chance to make profits.