RE: Trading vs HODL Cryptocurrency

You are viewing a single comment's thread from:

Trading vs HODL Cryptocurrency

in cryptocurrency •  7 years ago 

Hey @jdank321

It's depend on your time frame. You decide when you want to rip the fruits.

I think we should have a balanced approach because trading is a full time job. You need to invest your time and money to make smart trades.

What do you say?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi @asolopreneur

Yes, it does depend on your personal preference on the time frame of holding. I do believe most people would benefit from holding for a year at least in this current market. Like you said trading is a full time job so the average person isn't going to spend the time to research and make decisions based on the daily market. Hold for a year take a look and hopefully you've made some money. Otherwise your going to drive yourself crazy in this market with the insane fluctuations.

Thanks for the comment.