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.

 

[nomad]

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

 

[Nite]

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.

 

[King Belieal]

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.

 

[Nite]

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]

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.

 

[Nite]

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

 

[Rubz]

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]

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

 

[Nite]

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

 

[timewo]

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.

 

[Nite]

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