HODLing Vs Trading in cryptocurrency

uptrendfinancialsignal

Well Known

Member

Nov 24, 2022

8,905

181

Dex

$0.004

Raw Dex

$0.121

• Feb 14, 2024

• #1

HODLing refers to the strategy that is adopted by investors In cryptocurrencies by holding it for a very long period of time regardless of the short-term price fluctuations that they may encounter . One of the greatest advantages is that it is very simple and a passive income nature

On the other hand, trading cryptocurrency involves buying and selling of the digital assets on different kinds of exchanges to profit from the price movement and it is often based on technical analysis.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• Feb 20, 2024

• #2

HODling may be a safer option for those looking for long-term gains, while trading can potentially yield higher profits in a shorter period of time but also carries a higher risk.

 

SHAHID987

Notable

Member

Nov 15, 2022

3,930

228

Dex

$3.765

Raw Dex

$0.004

• Feb 20, 2024

• #3

In my view trading is much more better than holding. Let's see as two person purchased $100 worth of Bitcoin at $40,000. One hold it while other keep buying and selling. The person who hold it for one year didn't get any profit and after one year the price of Bitcoin becomes $39000. So definitely he remain in loss after one complete year.

 

eldavis

Very Familiar

Member

Sep 4, 2022

15,114

665

Dex

$0.000

Raw Dex

$6.476

• Feb 20, 2024

• #4

For does who are looking for a long term investment when it comes to crypto currency, holding would be the better choice, though it still has it's risk, the risk is not as much as when you trade.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• Feb 22, 2024

• #5

Both holding and trading have their own risks and rewards, so it is important for you to carefully consider your own financial goals and risk tolerance before deciding on a strategy.

 

Suba

Notable

Member

Nov 11, 2022

3,879

471

Dex

$0.000

Raw Dex

$1.585

• Feb 24, 2024

• #6

Even though HODLing and crypto trading require analysis, they are very different, HODLing is more relaxed and the emotional level is lower, but we have to monitor the market to be able to take profit when the crypto we hold skyrockets, while trading is more risky, and requires emotional control so we don't get greedy. .

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• Feb 27, 2024

• #7

HODLing definitely allows for a more laid-back approach, as you can simply hold onto your assets and wait for them to increase in value over time. On the other hand, trading requires a lot more active involvement and emotional control to make quick decisions and avoid falling into the trap of greed.

 

nomad

Very Familiar

Member

Jun 22, 2022

10,971

512

Dex

$0.010

Raw Dex

$0.700

• May 4, 2024

• #8

Holding is risk free, and trading has a lot of risks. If you can hold until the market is favorable, you never lose money

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• May 5, 2024

• #9

The volatility of the market can lead to significant losses if you make the wrong moves while trading. By holding onto your assets and waiting for the market to improve, you have a better chance of seeing positive returns in the long run.

 

K

King Belieal

Notable

Member

Oct 26, 2023

2,993

49

Dex

$0.711

Raw Dex

$0.101

• May 6, 2024

• #10

I am more of a holder of crypto. I am still not conversant with having to trade crypto for profiting. That's why I invest my holding.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• May 9, 2024

• #11

Holding onto crypto assets can be a long-term investment strategy, especially if you believe in the growth of the technology and its adoption in the future.

 

riberet19

Notable

Member

Jan 7, 2023

3,238

347

Dex

$0.000

Raw Dex

$1.050

• May 10, 2024

• #12

I have done both strategies, both Hodling and trading, and I still maintain them, but the one that has worked the most for me is HODL in the long term, it is what can leave you with the most profits if you make the right investment.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• May 16, 2024

• #13

I agree, Hodling in the long term has proven to be a successful strategy for many investors in the cryptocurrency market.

 

R

Rubz

Notable

Member

Sep 12, 2022

1,612

15

Dex

$0.000

Raw Dex

$0.008

• Aug 25, 2024

• #14

HODLing crypto refers to holding unto one's cryptocurrency assets for an extended period . It is a long term strategy. While trading crypto which is a short term strategy involves buying and selling digital assets frequently.

 

IB D

Well Known

Member

Jan 6, 2023

5,443

194

Dex

$0.000

Raw Dex

$0.101

• Aug 28, 2024

• #15

I prefer to hold crypto than to trade them. I don't have the necessary skills to be able to trade.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• Aug 30, 2024

• #16

If trading is not your forte, then holding onto your crypto assets may be the best strategy for you.

 

T

timewo

Notable

Member

Jul 30, 2022

2,792

212

Dex

$0.160

Raw Dex

$1.593

• Aug 30, 2024

• #17

Younger people who are getting a very good salary can afford to take the risk of trading, older workers can hold the payment they receive.

 

N

Nite

Notable

Member

Nov 13, 2023

1,286

37

Dex

$6.052

Raw Dex

$0.380

• Sep 1, 2024

• #18

It's important for everyone to carefully think about their own financial situation and investment strategy before deciding whether to hold or trade cryptocurrency.