HODLing Vs Trading in cryptocurrency

[uptrendfinancialsignal]

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.

 

[Nite]

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]

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]

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.

 

[Nite]

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]

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. .

 

[Nite]

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.