In a bear market, you should hoard coins, and in a bull market, you should speculate on coins. Speculating on coins means selling the hoarded coins and putting them in your pocket.
The cryptocurrency world is characterized by high returns and high risks, so decisions should be based on your risk tolerance, investment timeline, and market understanding.
If you are a beginner, then you'd better choose to hoard coins, and you should choose to hoard coins in a bear market, not in a bull market.
If you are a professional investor, the sky is your limit, you can hoard coins if you want, or speculate in coins if you want, and you can also make some money at the same time. The dealers all belong to this category, they will not hoard coins foolishly, each one is carefully calculated.
This is impossible for retail investors. Some people try their best to replicate the rhythm of the market makers and try to dance with them. Some succeed, but more people fail.
Because everyone's professional abilities, risk resistance and other actual situations are different, the same investment can also result in losses.
Hoarding coins (long-term holding):
Advantages: For those who don’t want to pay close attention to market trends, long-term holding is a good choice. If you believe that a certain digital currency has a good development prospect in the future, long-term holding may bring relatively stable returns.
Disadvantages: The market is volatile. If you don’t pay attention for a long time, you may miss some key information, such as policy changes, technological innovations, etc. For example, if you hoarded fil in the bull market, you must be living a life worse than death now.
Cryptocurrency trading (short-term trading):
Advantages: If you have a deep understanding of market dynamics, technical analysis, etc., short-term trading may bring you higher returns. Only professionals can make steady profits.
Disadvantages: high risk, need to spend a lot of time paying attention to the market, easily affected by emotions and make impulsive decisions, it is almost impossible for novices to escape its clutches.
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