Trading or Holding Cryptocurrencies?

[Sanusi]

The two goes a long way and its gives you a lot of profit if you decides to trade crypto currency i assure you, You are going to make profit but if you hold crypto currency your profit moves from one point to the other. So the two work hand in hand together

 

[Kinglegend01]

I think at the present time period we are in I would prefer to hold my cryptocurrencies most especially bitcoin and ethereum if I have them over trading them out. Although I think it depends mostly depends on the coin in questiom, it market values and its projected worth too.

 

[Aniwhyte]

I think I would prefer investing on cryptocurrency then holding it as holding it would take a lot of time before it could yield results and I'm not in anyway a patient person when it comes to money issues, so I prefer investing then holding it.

 

[Bilal0087]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

In your opinion should we trade/sell our Cryptocurrencies out or hold/store it in our wallets?

According to my opinion trading is more reliable and preferable than just holding the coins, because in trading you can earn profit regularly, even the price come down or up, you just have to wait for decrease in price and sell it when price comes up, in this way you can earn a little but gradually.

 

[Kennysplash]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

In your opinion should we trade/sell our Cryptocurrencies out or hold/store it in our wallets?

I prefer holding my crypto currencies to trading it. If you hold it the worst that can happen is to lose its value a little. But in trading you can loose all of it in a twinkle of an eye. Besides I have no knowledge about trading so o will rather hold.

 

[Hassan14]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

In your opinion should we trade/sell our Cryptocurrencies out or hold/store it in our wallets?

I think it's going away. It's about trading because people have made a lot of money and made a lot of profit in trading, so I think trading is the best decision and the right one because people are making more profit. Yes, I trade myself and I am taking advantage of it

 

[btaliat]

I am keeping three coins for different ur purooses. I keep one for trading, I hold one and I invest one for long term. But preferably it you have bitcoin now, don't trade until around June when I project it may reach its peak.

 

[Adeyoola7]

New investors generally tend to do one of two things when they first get into cryptocurrency.

They either:

1. Buy and hold (HODL) cryptocurrency.
2. Or, trade cryptocurrency and try to grow their dollars or coins.

Of those two, the general wisdom of the internet is that HODL is a better strategy for new traders. There is logic in that statement, but more-so both of these strategies are a little dangerous for new traders if executed improperly

 

[tuna89]

As for me I prefer to hold at this moment. Even though BTC has gone so low losing about $5000 because there are also predictions and forecasts from experts that the BTC is most likely to regain at 40000 dollars so I would not mind holding my coins even if I had lost a little previously and I have been studying the trading's and exchanges and definitely I am optimistic

 

[Jonaville]

At this point, it is safe to say that those who held on to their crypto currencies some months ago are smiling now. It is usually better to hold them for a longer period of time, just acquire them and forget about it. Eventually, when you do decide to sell them, you would be gaining a lot of profits.

 

[singlej007]

Trading or holding crypto depends your knowledge and time. If you will like trade daily or so and you are dedicated, you will make profits. And if you decide to do long hold you may also profit if the coin goes up.. I love both, but I will chose daily trading if I have time..

 

[Abigael]

I prefer holding the crypto currency instead of trading it. This is because trading requires you to always be on the watchout for buyers and sellers. So it requires someone who has so much free time to always go online and trade. Holding on the other hand is so easy to do and there are many ways that you can analize the price and see if it will rise and then you sell it.

 

[Afrinish]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

 

[Trexxxy]

Well it is a two way thing as soon as it hits an all time high you sell take the profits but again and keep. I think it is better that way. However some people will want to keep theirs waiting for another high but with crypto it is a very volatile market.

 

[Josemendez]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

In your opinion should we trade/sell our Cryptocurrencies out or hold/store it in our wallets?

The fact is that we buy cryptocurrency at cheaper price ,in order to sell at higher price when the price of the coin increases . Thus , most times we need to holdl the coin for sometime in order that the coin will rise to a considerable amount.

 

[adazeez1995]

Well, if I had Bitcoin at the moment, I would sell it because I think it has reached its peak for now. Then use the money to invest in other coins like ripple and newer coins that have high prospects for the future. The key thing is to study the charts very well and understand the dynamics of how the values of these coins fluctuate and the factors determining their values.

 

[Goodday]

Crypto currencies especially Bitcoin recently become a hot cake that has attracted the attention of so many investors Which includes: Banks, organisation, companies and countries.
Crypto currency has become the alternative many uses to make money online or Invest on.

In your opinion should we trade/sell our Cryptocurrencies out or hold/store it in our wallets?

Every choice has its own consequences and I would like to do both of them if I can. If I have the capital to start, I invest a portion of it while use the remaining portion to trade. In this case, I think loosing chances will be reduced and one can even earn more than expected.

 

[Alexandoy]

I am new into crypto currency and I have no experience in trading. But I am learning a lot from this forum. My take on crypto currency is to hold it until the time you need the money. That is the time to sell provided the price is good and that you have gained a profit. If the price is already very high with a substantial gain on your investment then i guess it is also a good timing to sell your crypto currency because tomorrow the price may go down and you will lose the opportunity.

 

[Suba]

Trade or hold cryptocurrency really depends on your trading skills. If you have skills it's better to trade for quick short-term profit, but if you can't afford to lose it's better to invest or hold in your wallet, but it would be nice if you can do both both holding and trading.

 

[Emma Aneni]

If you want to make really good money out of crypto business you should hold your crypto. You can gain instant profits through trading, however, tading profits is comparatively small. Trading profit is not that small it all depends on the volume of your investment.