Trading Cryptos with cfds vs buying and holding.

[George10640]

I don't buy and hold cryptos much but I love trading them with cfds.Trading with cfds can be risky due to leveraging but with discipline and money management ,I make more trading. Holding Cryptos can be as well risky but it is good to have a good entry.

 

[Kamon c4]

Holding cryptocurrency is risky and it’s a gamble you may end up losing or gaining its 50/50 but I like it I prefer holding for a long time

 

[Peterlight]

Every riskwe take in life is 50/50 what of people that bought bitcoin back in the days..who knew it will make them billionaires now...that's why it is best to buy and keep..the future is unpredictable

 

[ahmedo24]

The risk of holding for a longer time is worth taking because I have the believe that bitcoin will continue to rise . It.is better to use the money you won't be needing soonest.

 

[Ralphjoe]

What I normally do with my cryptocurrencies is that I normally trade them for most of the cryptocurrencies that are performing so much in the crypto-currency market. A currency like the binance coin is one of such currency because once I transfer the currencies to this particular coin I can be guaranteed to make some profit on my trades.

 

[Nomad]

I think trading is riskier than holding. If you are holding for a long term, you will surely earn profits with crypto currency. However, in order to benefit from holding, choose a currency that is top performing.

 

[Lens]

It's definitely not advisable to hold the cryptocurrency except you want to join the league of the hodlers. This is when you keep your cryptocurrency for a long period of time irrespective of the market price fluctuations

 

[Suba]

Everyone will have a different method of making a profit, there are those who like to invest in crypto for the short term and there are also people who like to invest in the long term. And I'm glad to hear that you can benefit from the difference between the opening and closing dates. and you must be ready for a long position if the price is predicted to rise and vice versa. I think CFDS crypto trading will be more flexible because you only sell and buy derivative contracts.

 

[Nurudeen]

The best way to make money from crypto currency exchange Business is to buy and hold for a very long time. With this method you will be able to make money with your capital

 

[mcjerry]

I don't buy and hold cryptos much but I love trading them with cfds.Trading with cfds can be risky due to leveraging but with discipline and money management ,I make more trading. Holding Cryptos can be as well risky but it is good to have a good entry.

I also agree with you. I prefer to trade than holding a coin. But holding a crypto currency is not risky it is the mother safest. Because no matter how the price other the crypto currency reduces the price will still go up. But I like trading because I will make profit more than in holding the coin

 

[kayode10]

It is good for an investors to know the type of money making method that works for him when it comes to investing in cryptocurrency. If trading is what works for you then you should stick with it.

 

[Sotherefore]

My advice is that trading of cryptocurrency should only be done by people that has passed through the needed training suitable to carry out safe trading , for now I can only invest if I have the funds to do so.