Hi everyone welcome back to my blog here we are going to discuss Holding or Trading which is better for you. Trading has multiple opportunities to multiply your crypto but This is not a banana that peels and eats so never jump into it immediately. Only 5% of people make money in trading because whales are more experts than you. And there are multiple factors works that you have to learn it.
Although there are lots of users earning from trading so you can say that, why I can't do it? In this post, we are going to talk about it and also we are going to talk about the learning importance of trading and even holding any asset. So stay tuned.
The Risk Of Holding Is Very Low
You have to accept that risk is very low in holding and when you hold strong assets like bitcoin then there is no risk except you lose your keys. using a ledger wallet reduces the risk of hacking and the only thing you will have to do is secure your keys. Unlike trading, you are not using your holding amount for investment so you are not risking your balance. So that is why the risk is very low in holding.
Trading Is A Bit More Risky
When it comes to trading then it is risky for you. Even if you are an experienced trader, you may lose your fund here. If you are new in the crypto field then you should not jump into trading and if you still want to do it then do your proper research and learn fundamentals and technical analysis (TA) carefully. Then you can go for it. Also, you have to do proper risk management and money management. Even after applying these all tactics still, it is little risky. So if you are not sure then choose holding. well, I am doing hive/usdt trading because I am aware of the hive movement, and I know the history of the hive. So there is very less risk for me and that is why this trading is comfortable and good for me. Similarly, you can do it.
Trusted Assets
Altcoins are the favorite of most people because altcoins increase more than bitcoin. Even some users prefer MemeCoin which is an even more risky category. So if you believe in holding then you must choose a stronger coin. I prefer hive and bitcoin for long-term holding and that is why I am more focused on accumulating more hive coins and for that, I am using most of the earnings to invest in HP. So yes, when you invest in trusted assets then it will minimize the risks.
So trading or holding depends on multiple factors like learning, fundamentals, and risk so decisions will be taken based on these factors. So hope you guys liked this post and show your support by sharing and reblogging this post.
Thank you, everyone.
Lucky Ali
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| Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |