Post
Topic
Board Economics
Re: #HODLing is not a smooth journey
by
moneystery
on 26/01/2024, 13:53:25 UTC
...

If you can hold and trade at the same time, then that would be a lot better since you can maximize your future profits without focusing on one only. However, I also come to realize that hodling alone is never easy and will certainly test your patience and faith when hodling for long term. Most especially for bitcoin that is highly volatile, and that anytime its price will fluctuate or experience market crash. But it's undeniable that hodling is less risky and less stress compared to trading.

hodling and trading at the same time is quite difficult to do, usually people who do this are experienced people in the cryptocurrency market who already understand market flows and have good psychology. because hodling alone is quite difficult, where he not only needs to manage how his investment can survive and not panic when the market experiences a decline. and coupled with trading, which not only requires analysis but also a strategy to achieve profits from the crypto market. doing these two things will certainly be a challenge for traders and not all traders can do it.