Post
Topic
Board Altcoin Discussion
Re: A few crypto questions.
by
coin-investor
on 06/04/2024, 15:23:40 UTC


So, we all say that hodling is better than trading, yeah?
It's better if you know how to trade but if you cannot allocate time and effort then Hodling is the best thing that you can do.

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And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?
Yes, to make a profit from your investment you should be able to liquidate it on profit.

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Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins
I don't recommend holding altcoins, altcoins are very much different from Bitcoin, you can hodl it for a number of years and you will expect profit in the future, on altcoins if you hodl it without monitoring its performance in the market you will be surprised that you lose your investment, of course it depends on altcoins there are altcoins that perform better.