Trading or Holding Cryptocurrencies?

[WhiteHouse]

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?

 

[Anis Boukezzoula]

I think this period is better to hold the crypto especially bitcoin because all predictions are saying that this last will hit 20000$ soon so you can make profits if you will sell it later.

 

[Niftyyem]

I would suggest that it will be better to hodl, although I won't be doing much of that. My plan is to sell some and hodl the rest.

 

[Kamon c4]

This period I wouldn’t dare trade my bitcoin cause it’s on the rise but you know how this things can be it can drop anytime so it’s a gamble
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This period I wouldn’t dare trade my bitcoin cause it’s on the rise but you know how this things can be it can drop anytime so it’s a gamble

 

[WhiteHouse]

I think this period is better to hold the crypto especially bitcoin because all predictions are saying that this last will hit 20000$ soon so you can make profits if you will sell it later.

That's right.

I would suggest that it will be better to hodl, although I won't be doing much of that. My plan is to sell some and hodl the rest.

That's also a nige plan.

This period I wouldn’t dare trade my bitcoin cause it’s on the rise but you know how this things can be it can drop anytime so it’s a gamble
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This period I wouldn’t dare trade my bitcoin cause it’s on the rise but you know how this things can be it can drop anytime so it’s a gamble

Yes, we just have to take the risk

 

[Niftyyem]

Apart from Bitcoin, Litecoin is not doing badly too and that is one coin I also believe in its potential.

 

[WhiteHouse]

Apart from Bitcoin, Litecoin is not doing badly too and that is one coin I also believe in its potential.

Ooh really what's rate to dollars? Is it cheap?

 

[Naz Noshin]

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 am in favor of holding Cryptocurrencies. Because through trading you ll get some profit but by holding for long time can give you extra profit which you earn little through trading. But Cryptocurrency must be demanding.
If a cryptocurrency is new the. It's better to trade.

 

[Niftyyem]

Ooh really what's rate to dollars? Is it cheap?

It is at 82 dollars presently from 45 dollars a few months back.

 

[WhiteHouse]

I am in favor of holding Cryptocurrencies. Because through trading you ll get some profit but by holding for long time can give you extra profit which you earn little through trading. But Cryptocurrency must be demanding.
If a cryptocurrency is new the. It's better to trade.

That's correct.

It is at 82 dollars presently from 45 dollars a few months back.

Wise to hold on to it.

 

[Ralphjoe]

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. Then you repeat this process over and over again.

 

[Sake]

Trading can be much more profitable than holding your crypto but only if you already know what to do and don't. Trading isn't just about buying and selling your coins. You need to study trading too. Preferably find a mentor

 

[Oscar]

It depends on your time, skill set and the cryptocurrency in option. If you have a running business already you won't have the necessary time to trade the crypto, and some other currencies are safer to hold than trade.

 

[Lagazine]

I prefer holding cryptocurrency than trading with it. I have traded cryptocurrency in different capacity in the past, but I never gain. I rather lose all my coins. I traded bitcoin on different platforms like bitcash, bitcome, and other matrix trading platforms, in 2016 all was nothing but a waste of money and time. Because, you can't gain from them, you will rather lose or collect your money beck.

 

[mahdi304]

I generally like trading, I think it's pretty "fun" and could be very profitable, most of the time at least.
but if you don't know what you're doing you could honestly lose all your money in a single day, either try learning how to trade there are many classes for that even online ones or just hold that would probably be a lot more profitable if you don't know how to trade.

 

[Zevin]

Since you need a lot of money to invest on crypto, and holding your crypto for a long time may not be possible for most of us, I believe holding is better than trading. You earn small profits by trading, however, when you hold for a long time, you will earn a lot of money. In 2015 bitcoin was about $1000. If you had bought 1 bitcoin in 2015, in 2020, it would have been $23000. Imagine how much you would have earned by holding your bitcoins.

 

[Ehizzy1]

I prefer trading because policies might come into effect and bitcoin price would be affected grately , so for me trading is very good because you make your profit on tme i think
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I prefer trading because policies might come into effect and bitcoin price would be affected grately , so for me trading is very good because you make your profit on tme i think

 

[Nomad]

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. Hold your cryotos for 5-10 years and you will make millions. Also make sure to invest in different cryptos.

 

[ahmedo24]

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. Hold your cryotos for 5-10 years and you will make millions. Also make sure to invest in different cryptos.

Trading profit is not that small it all depends on the volume of your investment, if one is lucky the profit come in almost immediately, like some coins can rise in 200% within a day , so you can imagine that short time profit you will make.

 

[MRizwan530]

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?

Obviously trading can give you more amount of profit than holding but it is quite risky because if we are not playing wisely we don't know which token will be increased and which will be decreased so this is also chance that we can lost our dollars during trading but if we are precisely trading we can earn a good amount of money. So I will always prefer trading and I am also trading.