Why Holding Cryptocurrency is NOT the Best Strategy – Tip 4



Matthew is no beginner to trading. He started day trading stocks back in 2012 before eventually moving into a full time trader …


9 Comments

  1. Recording success in cryptocurrency Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $19,000 support level once again ad this is likely to trigger a possible move towards $20,000 resistance area However , it's is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Carlos daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 3weeks of trading with his daily signals, growing my 0.9 BTC to 2.9BTC. Mr Carlos daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners in bitcoin investment , I would suggest you contact him on WhatsApp: +14242850682 , telegram : @IEBINARYFX or through Gmail : (investandearnbinaryfx@gmail.com) for inquires and profitable trading systems. Bitcoin is taking over the world.

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  3. Hi Matt, when you say take your profits, do you switch them into USD if there is no immediate next trade? Especially for us beginners, is it wise to take the profit and move it to USD holdings until we feel confident about buying another coin?

  4. Great video again as always, and I completely agree. One question though you said this: ' Im a big advocate of taking profits, compounding your gains and rolling them into the next play '.
    So if I understand the video correctly the hold mentality has to do with the type of account you have. This means:

    – Small portfolio: Keep trading, no holding at all. Try to build a big purse

    – Large portfolio: Trading with part of your portfolio and holding with the rest ( I have a feeling this is what you do, Im sure you dont trade with 100% of your portfolio as that would be crazy risk taking )

  5. While this approach may be totally well reasoned and legit…it is based on the heavy assumption that everyone has enough trading skills to read charts well, pick patterns and execute good trades. Fact is that is not always the case. If you are not a good trader and find yourself having bought at ATH prices in coins then your best strategy IS to hold. Otherwise you are more at risk of getting chopped to pieces and destroying your investment.

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