Is Holding Cryptocurrency A Good Long-Term Strategy?

For most of their history, cryptocurrencies have been viewed by the mainstream as glorified gambling tools. In 2017, multi-millionaire life coach Tony Robbins said that buying Bitcoin was like “going to Vegas”. Innumerable others, including Warren Buffet and Peter Schiff, have criticized the asset class as lacking any ‘intrinsic value’. Despite years of ridicule along these lines, it appears that the nearly $3 trillion asset class is here to stay. Therefore, cryptocurrencies may provide more opportunities for profit besides serving…

Mining, Day Trading, or Hodling – Which One is More Lucrative to Earn with Cryptocurrencies?

The cryptocurrency world has its share of success stories and tales of bankruptcy – including scams. However, for over a decade since cryptocurrencies became a reality, the sector has advanced rapidly to the present day solid, stand-alone market. Knowing how to invest in cryptocurrency may seem complicated, especially for beginners in trading, but it can be a profitable venture with the correct information. In today’s guide, we will focus on mining vs. day trading vs. hodling; thus, read on to…

Cryptocurrency Trading Strategies Best for a Bear Market

A bear market occurs when there is a progressive downtrend for a specified period. Trading cryptos without a plan wish your hard-earned money away because of the market’s volatility. With bearish markets, trading strategies vary, and they are a new trader’s worst nightmare. Bear markets are what differentiate wannabes from experienced crypto traders. They command discipline, knowledge, and profits for resilient traders. This guide seeks to find the best tips on approaching a bearish market to overcome the main obstacles…

4 Signs One Should Stop Hodling

The term hodling was first coined in the most unexpected of ways. An old bitcointalk post had a user proclaim that he would hodl, a miss-spelling of hold, onto his bitcoins even when prices plummet. Admittedly, he had gobbled a fair share of whiskey before the post. So to hodl or not to hodl, what are the signs that show it's time to sodl? Sodl is a miss-spelling of the word sold, implying selling one's crypto. Well, the article shall…