Holding or trading?

Do repost and rate:

First of all, we must define the two concepts in order to know what each thing is about.

“Holding”:is a popular term used in the world of cryptocurrencies with which we mean to keep or maintain the currency.

”Trading”:we will define trading, as the transaction that ideally would be processed as follows: a cryptocurrency would be purchased in a low-value period to be sold in the short term at a time of increase or maximum value.

It is important to have clear these two concepts and ask two basic questions, the first is: How much money I have to invest? And the second is, what market knowledge do I have that I’m going to invest in?

First, if you have little money to invest the most logical thing is to bet on the "holding",since if you practice "trading" you will risk your money to obtain a very small profit. So my recommendation is that you research and read about a cryptocurrency that has a good bullish foresight and keep a “holding” some months.

 

Now if you have a lot of money but have little knowledge of the market and bets for trading, the profits can be high and losses too.So bet again on the "holding" format and study the market and once you are ready you will reach the ideal stage.

In this ideal state you have enough money and enough market knowledge to realize a "holding" in the long term with a cryptocurrency you like and practice trading for some daily benefits.

My main advice is to inform before going crazy to any market

And you prefer "holding" or "trading"?

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость