What Do You Do with Your CryptoCurrency?

pbgreenpoint (68) · 7 years ago

Day trading is too stressful for me. I rather HODL. So far it has been working for me. However, I do like to have some staking coins that give small rewards for holding.

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rocksg (69) · 7 years ago

Yup. I am a hodlr. I am seeing ut as a long term investment.

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12 votes

techwizardry (65) · 7 years ago

Why not do both? You can have your long-term stash, and you could have a special account just for swing and day-trading - that is if you are any good at reading the charts and determining sentiment.

Profits from day-trading could also be used to bolster your hodl stack, or be diversified to other tokens/projects.

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adnanrabbani (70) · 7 years ago

i think it's better to trade in crypto but in case of steem it's far better to hodl now.

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taimoorahmad (58) · 7 years ago

Well its depends on your vision, and the situation of that currency. In 2010 my friend buys bitcoin, and hold it till now. He sell all coins in 2016. So in this case Holding a currency is profitable ;)

magnata (66) · 7 years ago

My friend left work and now plays on the exchange with crypto currencies. He says this must be well understood to be successful. I think you are successful in this.

thecryptotrader (63) · 7 years ago

I personally think that hodl is better!! Learnt many times..

stmit (55) · 7 years ago

Nice post.

100% like and resteem

mejustandrew (58) · 7 years ago

Nice post, it is very relevant for the two categories of people trading crypto. I wish you have great incomes and same to @LukeStokes, whom posts I also appreciate. Have fun in your trading rush!

resteemia (56) · 7 years ago

amigo @resteemia at your service

for me hodl is better ;) nice post @hilarski

@resteemia

dragonking (57) · 7 years ago

As my idea, Bitcoin price waiting rise up these days. So hold up bitcoin and then trade alts. Its will be get profitable rewards and advantages.

kingsberry (58) · 7 years ago

If I hv big crypto module I refer trade it Crypto market

jaimewilliam (53) · 7 years ago

I trade in cryptopia. Just a few months ago I started cryptopia, it's easy and I'm not dizzy so much, I'm slowly trading in Hitbtc and Bittrex, and using analysis tools.

I like Hodl just crypto-coins very trustworthy.

Always in crypto-currency you have to invest and do trading, and be aware that you can lose some money.

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bitcoinflood (77) · 7 years ago

Hodl seems to have done me very well the only thing I regret is not buying more back then, then remind myself well in 2-3 years I could be saying the same thing so BUY and HODL!

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mejustandrew (58) · 7 years ago

But sometimes I guess you need to sell to enjoy earnings or to switch over a new currency, isn't it true?

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bbomber (64) · 7 years ago

it totally depends on the situation of the coin, buying and hold alts now is a wise decision.

ethanthefighter (55) · 7 years ago

lol!!! Yes holding it is better. XD

quinnpeterson (49) · 7 years ago

interesting picture but I also love to cryptocurrency trading

rose98734 (64) · 7 years ago

Hold bitcoin, but trade alts.

Anyone who holds alts is a fool - when it pumps and you are in profit, SELL! If you don't, you risk becoming a bag-holder.

votman (51) · 7 years ago

Trading or holding, no matter both are gambling. If you have No Strategy then you will get the HODL Mentality. If you have the confidence then you will trade. If you are a person who won't take a lot of risk, better trade half and hold half~

lito (51) · 7 years ago

Hodl & Loss Long Term, Trade & Loss Short Term. You are correct. We need to take that risk

~Followed & UpVoted

minnowspower (55) · 7 years ago

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goldcoin (66) · 7 years ago (edited)

Ha ha thanks this post.

Thanks @hilarski
Have a nice day

theguruasia (67) · 7 years ago

@hilarski,
Sometimes Hodl better sometimes trade is better! It depends on the time, price and power of the coin! But personally I like trade as you do!

Cheers~

mywhale (53) · 7 years ago

Hello @hilarski,

All past experiences of mine says "HODL is better" ;)

~@mywhale

maya7 (63) · 7 years ago

We should trade our products according to the laws of market. If the demand increase the price of the product also increases, so trader can get good profit.

wajira (43) · 7 years ago

I'm 50% hold and 50% trading

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blazing (70) · 7 years ago

That's why i like to Hodl

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g-dubs (71) · 7 years ago

I don't think either is better. It's more important to know which one you are though. Ima hodler ;-p

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galotta (58) · 7 years ago

Charles Munger (Buffet's friend and partner) always uses to say that the majority of gains is not accrued by buying or selling but by waiting. So I too am a member of the hodlers anonymous :D

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stokjockey (70) · 7 years ago

I will HODL @hilarski. There are tons of gamblers out there trading. I wish them all the best.

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hassanabid (73) · 7 years ago

hodl hodl hodl Boss

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theabsolute (63) · 7 years ago

Have a core amount that you never trade just in case. Whether that is 50% 10% or 1%. I could live with myself if I held onto an asset that plummets in value better than I can know that I sold off everything that would have been worth thousands, but sometimes you got to know when to hold 'em and when to fold 'em.

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fitzgibbon (61) · 7 years ago

When you can predict the future it's better to trade, when you don't HODL.

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droucil (62) · 7 years ago

That's like choosing between a quick buck or a longtime investment.

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ahlawat (76) · 7 years ago

very nice! post promotion

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gikitiki (60) · 7 years ago

BOTH

It is not an all or nothing question. :-)

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madushanka (74) · 7 years ago

I want invest it huge crytocurrency market with rise rewards.
Resteemed

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yakuhi (56) · 7 years ago

I think trading works out better, you are likely to lose your bitcoin, but you are also likely to acquire more bitcoin, and thus benefit from an increase in bitcoin's prices, which seems more likely. In the long run, hodling may give you a return in fiat value as a result of a public increase in the crypto's perceived value, however, this is unlikely as confidence in alt-coins tends to grow more slowly than that of bitcoin.

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voteman (53) · 7 years ago

Thanks for sharing
For your post propagation.
Upvote/Resteem

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scalerman (46) · 7 years ago

Trading is more exciting but holding is easier on the brain..less stress!

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nijhum (48) · 7 years ago

it,s better to trade in crypto friend.

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taskmaster4450 (78) · 7 years ago

If you are good at it, trading will make you a lot more money. That said, trading is difficult business. Many people, actually most, lost their shirts doing it. That might be okay for you in the nice climate down there but for most, a winter jacket is required. LOL

At the end of the day, I would be even a trader like you has some long term hodls in your portfolio.

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jameshsmitharts (60) · 7 years ago

Agreed :)

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shavishtha (52) · 7 years ago

Very interesting image.steem it's far better to hodl now.
Upvote Resteem

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screenname (66) · 7 years ago

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sacen (25) · 7 years ago

Do both.

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quinnpeterson (49) · 7 years ago

interesting picture but I also love to cryptocurrency trading

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hedge-x (57) · 7 years ago

70% HODL Core positions at least 3 years and 30% Active (less than a year)

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avagado (53) · 7 years ago (edited)

Nice info..

Upvote Resteem

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wout78 (25) · 7 years ago

From experience its better to HODL...... but it is so damn difficult! Aarghhhh I have to trade some altcoins today!!!

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wout78 (25) · 7 years ago

From experience its better to HODL...... but it is so damn difficult! Aarghhhh I have to trade some altcoins today!!!

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david777111 (61) · 7 years ago

Hodl if more conservative and trade if you are more into risk, fast paced, always watching the price and see opportunity in the moment..

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faisal79 (53) · 7 years ago

interesting picture but I also love to cryptocurrency trading,,,,,,,,,,,,

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lifecruiser (57) · 7 years ago

Neither hodling everything nor selling everything within the same day will work for everyone. It depends on people, some go with their own strategy. Some will lock up all their investment in secure wallet. Some of them buy when the price is low and sell when the price goes up. I would suggest that, each individual to come up with a strategy which works for them and which will be comfortable for them.

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machhour (61) · 7 years ago

I think trading is better then holding
you have to be a pro trader to take a great profit
resteem

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steemwija (58) · 7 years ago

@hilarski - Sir once I did trades & loss by panic moves... So, better hodl... but people like you, have a lot of experience can do trades.... You are genius in crypto.... so whatever you do you will make profit Sir....

+W+ [UpVoted & ReSteemed]

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lefactuoscope (61) · 7 years ago

@hilarski: I think that hodling is better. Why? Because trading is more risky and requires a lot of time. Investing in good coins when the price is low is for me a safe and rewarding long-term strategy...

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looftee (61) · 7 years ago

I like to sell when the coin is quite high, and then buy some other coin which shows high potential in future.

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ankitchoudhary (55) · 7 years ago

It depends if you have knowledge of trading you can also trading. But long term investment is a must.

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