How do you view speculation and hoarding? What is the difference between the two ways?

There is such a phenomenon in the currency circle, people who speculate on coins account for a large proportion, but there are very few people who hoard coins. But in the end, those who can really profit in the currency circle are often these people who hoard coins.

Essentially, speculating coins is to buy and sell short-term transactions to earn the price difference, while hoarding coins is different. It looks at the investment value of a certain coin and continues to buy and wait for appreciation.

Due to the low threshold for coin speculation, it is relatively easy to get started , and it is easy to make a profit in a short period of time, so most investors, especially novices, prefer to speculate coins rather than hoard coins. Throughout the entire investment market, it is almost the same phenomenon, short-term is the choice of most people.

Once you taste a little sweetness, you are obsessed with speculating coins. People are born with this kind of gambler's mentality. After making a little profit, they are confident and increase their positions. On the other hand, after losing a little bit, and feeling uneasy all day long, his mentality almost collapsed, and he fell into a vicious circle.

Coin hoarding requires more technology , a correct judgment and understanding of the market, and a correct time for hoarding, which can lead to considerable profits in the future, but it will take a long time for a bear market to turn into a bull market, and more patience is required .

Not all people who enter the currency circle do so because of their beliefs. Most of them do it to make money. Among them, there are many speculators who just want to make a wave of quick money. They may not even understand the basic market, so most people prefer it. It is also normal to speculate on coins.

So, which one makes more money from speculating coins or hoarding coins?

The additional cost of speculation

Time costs

The reality is cruel. In the office, not only programmers are working overtime, but traders are also likely to be watching the market. It is very common to watch the market at any time or late at night, after all, the market volatility will be greater in the late night.

Quilt risk

Whether you are a retail investor or a professional trader, investing is not guaranteed to make a profit. Even for API program traders with relatively stable profits, when encountering a downtrend, there is still a certain chance of being trapped, but only to the extent of being trapped.

learning cost

Don't forget the 10,000-hour rule, traders are also trained by paying tuition. The technical indicators of the currency circle largely follow the stock market.

health cost

Digital currency is traded 24 hours a day, staying up late is prone to dark circles, mental anxiety, hair loss, self-blame and regret for short-term losses, don’t let digital currency investment kidnap your life and interfere with your normal work.

So, I know that I am not suitable for speculating in coins, can I just invest in hoarding coins? Do not!

Here are a few things you need to have in hoarding:

Long-term vision, analytical skills

At present, there are thousands of digital currencies, the market is changing rapidly, and the price fluctuates greatly. Even long-term investments are high-risk and subject to various influences, such as government policies, technological development, institutional giant involvement, competition between currencies, etc.

Concentration

Keeping money is harder than keeping a widow. When going up, you need to overcome the temptation of short-term money; when going down, you must not be afraid of the doubts of others and stick to your beliefs. Usually, people store coins in exchanges, and it is difficult not to read news operations, but storing coins in wallets can not only ensure the safety of digital assets, but also prevent hand-chopping and guard their coins.

amount of funds

no pain no gain. If you are a moonlight clan, then hoarding coins may be just a piece of paper for you. Without a certain amount of spare funds, a small fluctuation in the currency price may be able to stir your heart.

There are only a few people who have their own opinions, can execute according to the plan, and go against the current. When judging the situation, you must add your own understanding to make judgments, and finally verify them through operations. Only with firm perseverance can we truly avoid giving up halfway.

People who do transactions seem to be born with an inexplicable "sense of superiority". Of course, they think that the Tubi Party is also born with a "sense of superiority". While prompting you to learn more and operate more, it is also prompting you to lie down and hold it. Naturally, it is inherently antagonistic. However, I have to make a few points:

1. Just find a blogger who does trading, the traffic is amazing, and there are often more people who pay attention to short-term, strategies and points than others.

Second, the hoarding party does not know why it always makes people who do transactions feel a "superior", in fact, transactions are very humble. To put it simply, if you can make contracts every day, you can double the bitcoin in your hand at any time, even if you are kneeling to do it... This is not without the ability.

3. There are far more people doing transactions (short-term, contracts, cottages, etc.) in the digital currency market than hoarding coins. It is estimated that there can be 28%? Or nineteen open, or even lower. Coin hoarders are inherently "vulnerable groups".

4. With the passage of time, each coin-hoarding group has gradually developed towards the contract group, including yours, including mine, everyone should feel it.

So , I just want to explain one thing, that is, hoarding coins is not as everyone thinks, it is the mainstream of the currency circle, and it occupies the position of public opinion in the currency circle. On the contrary, speculation and contracts are the mainstream of the currency circle.

People who hoard coins today are actually not easy. Because, as time goes on, we will repeatedly struggle with ourselves, entangled between hoarding and selling.

For most coin players, so far, they will not choose to hoard coins. Judging from the current situation, hoarding coins is a very stupid behavior. Speculating coins can know how much they have invested in a short period of time, and hoard coins. Coins are much later, and put all expectations there.