Quote from: LogitechMouse on July 25, 2024, 02:07:04 PM

Just holding and staking. Trading? What is that? Cheesy

Kidding aside, I'm just holding Bitcoins and some altcoins right now, and all of the altcoins that I'm holding are the ones that I can stake so that while I'm holding, I'm still earning a few bucks off of it.

This is the right moment? For me, it still isn't the right moment to sell because the bull run isn't even starting yet. I don't also think that those long-term holders out there are selling their Bitcoins and altcoins that they've been held for a long time at this moment. I've been set a price selling targets for each coin that I'm holding, and based on what's happening on the market, I don't think that the bull run has started already.

Am I making the best of this market? I would say that I'm trying to just by holding and staking. I don't want to trade anymore since I lost a huge amount of money on it. I guess it doesn't matter whether when you will take profit as long as you are making profit off of your investments.

You're begging as well. Remove it.

That ain't a bad move at all, it is definitely what to do and I agree that it would be quite possible to make money that way without a doubt. I am not saying that you should do something else, I agree that it would be a great idea to keep holding and you could make a lot of money that way, I am not really against anything like that at all, would make it very profitable for a lot of people.

This doesn't mean that you could make some money without anything else, you could make money from trading or other stuff, even airdrops make money for people and that's why I can see why that's understandable, but that doesn't mean that we should make it possible for people to ignore holding neither, because I still think that's the best way to make money.

That is my own idea, if someone proves to me that trading could be more profitable, then they can do that if they want to but I think that even if that's possible, it would not be possible for me because I am not a great trader, I am an ok trader at best and that means I can make a little profit, I have done that, but overall return is lower than what long term holding could bring so that is why I try to keep holding it for a long term instead.