Trading or Holding Cryptocurrencies?

[Quert]

I only hold, as well as many investors simply purchase and keep cryptocurrencies until they feel it's a good time to sell. Before entering my trade, I always do little technical research and may choose not to use stop loss orders in some situations.

 

[Tariq Shehzad]

In my opinion the best method of making money from Bitcoin currently is by holding the Bitcoin in your wallet and watch it grow, once it grows to your target growth level, then you can sell it. And you can repeat this process.

 

[chicnthin]

I'm thinking about trading it so I could increase my profit, which I will later on invest. I'm still undecided and I wanted to see the price movements in the market first. Either way, there are corresponding risk associated with both of it.

 

[Setfragil]

Whichever one you decide to do is good. There are many people who are currently holding on to cryptocurrencies for it to rise and make profits from it and some people venture into the sales and exchange of different cryptocurrencies in which they also makes profit also from it.

 

[Fizzy_boi]

I think it's better you keep the coin that's what I will definitely do if it were to me . It will definitely drop but you should try and keep the coin and avoid selling it.

 

[Chibson]

There are some coins which I would and there are also others who I trade with. Crypto trading is generally lucrative if you have a very good knowledge of it.

 

[Richard92]

There are some coins which I would and there are also others who I trade with. Crypto trading is generally lucrative if you have a very good knowledge of it.

it is more profitable to trade in cryptocurrency than holding cryptocurrency when you trade in cryptocurrency which involved the buying and selling of cryptocurrency you will make more profit than just holding it.

 

[Shigobad2020]

I only hold, as well as many investors simply purchase and keep cryptocurrencies until they feel it's a good time to sell. Before entering my trade, I always do little technical research and may choose not to use stop loss orders in some situations.

I am always scared of investing on crypto currency because there are scammers everywhere hiding the umbrella of an investment site, so i have decided to just hold and leaves my crypto currency to start growing there .

 

[FreshKaz11]

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 trading will work better for anyone who really know how to trade,but as for me my case is different because I don't know how to trade so I would prefer to hold on to my crypto and keep growing there.

 

[Mostee501]

From your descriptions and questions, it depends on different people's views and purposes of venturing into the cryptocurrency market.

 

[nimzy]

The purpose of me in online business is for profit making so I have no need for the holding of cryptocurrency for store I prefer to trade because it will be more and more profitable and lucrative compared to holding.

 

[Eodine]

I do not know how to go about trading crypto currency but then again holding crypto currency is like hitting the bulls eye as I still get profit from investment or holding crypto coins.

 

[Alexandoy]

The purpose of me in online business is for profit making so I have no need for the holding of cryptocurrency for store I prefer to trade because it will be more and more profitable and lucrative compared to holding.

When you say trading that means you are buying coins and later on your are selling. You may be buying several types of coins and selling different coins too. Now this is my question - how much have you earned with your trading activities? I am asking about the net earnings because you also have to pay fees in trading.

 

[Kelly5]

Wether you have decided to hold your cryptocurrencies in your wallets or you decide to trade them, both are still good to do. If you know how to trade them very well, then you should trade them and aslo hold some

 

[eLdavis]

I think holding is the best way to go about it. I dont really know much about trading crypto but you could buy the coin of your choice at a cheaper rate and hold till it gets more value and you can decide to sell. The only difference between trading and holding is the time it takes

 

[Richard92]

I think holding is the best way to go about it. I dont really know much about trading crypto but you could buy the coin of your choice at a cheaper rate and hold till it gets more value and you can decide to sell. The only difference between trading and holding is the time it takes

it is better for you to trade in cryptocurrency than to hold cryptocurrency because holding of cryptocurrency does not have any profits or interest to your wallet but trading in such currency helps to multiply and add interest to your wallet.

 

[Setho]

Trading would give you the opportunity to earn more but also loose and so would holding so I would advice that you take time and learn how to trade crypto currencies.

 

[Kunkun]

Personally I would prefer to hold for a long time because due to the volatility associated it could dip and rise so holding would ensure profits on the long run

 

[Setho]

Trading usually do come with some risks associated but you get to learn more. You should hold first, then you should learn slowly how to trade so don't jump into it.

 

[Nomad]

I am with holding for a long term. However in order to hold crypto currencies, you need to be financially stable other wise you may not be able to hold for too long.