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RE: Are you better off trading or HODLing?

in LeoFinance • 4 years ago

Hi Mad Max. What a great way to experiment. I like the scientific approach of splitting the money 50:50 and hodl'ing one whilst trading the other.

I think the issue with Hodl'ing though is that to "extract" any value from your gains, you have to reduce the amount of coin you own. With trading, hopefully you end up with more coin (and can "extract" the profit, keeping the seed money in to do more trading).

I use both approaches. Currently split 60% Hodl, and 40% trading.

Good Luck! :-)

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4 years ago in LeoFinance by
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     4 years ago  

    Yeah that's why HODLing sucks. You need to sell to get the extra value, but pick your demon I guess :)
    Trading is a lot riskier and entails more "speculation". But HODLing fundamentally strong assets is a surefire way to win.

    Thanks for stopping by!

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