READ NEW INSTRUCTIONS! | Steemit Crypto Academy Season 2 Week 3: Trading and Holding - Two Sides of a Coin

Through the lecture by professor @alphafx, most of the basic concepts used in trading and holding were described, since they are very useful when investing with real money. Based on what I have learned, I will give my best opinion on the following questions.

I use cryptocurrencies since I entered this platform, approximately 2 months ago, my knowledge about cryptocurrencies was nothing compared to what I know today, I currently have a small investment in cryptocurrencies in the Binance Exchange in ethereum, I have it in the long term We would call this holding, because I see a lot of bullish projection to that cryptocurrency, currently I do not have a wallet since the Exchange itself plays the role of one but it is the exhaustive security measures that wallets have, but conducting a deep investigation, I I would stay with trust wallet since it is compatible with 40 different exchanges and it is totally free except for its commissions for transfers to other exchanges, it does not depend on any organization that has your data since it is totally decentralized, another thing I like is that It is very easy to send and receive cryptocurrencies, your safety comes first, so they use a fund insurance to the trust of every investor, in addition to this allows starking without leaving the wallet, which I see incredible.

I will briefly tell you how I carry out my operations.

First we go to the Exchange

Later we go to the option called fiat and spot.

The next step is to write in the search bar, the cryptocurrency that we are going to invest or sell.

Then we select where it says "trade" and look for the exchange that we will make.

The next step is to join the market for buy and sell orders.

As a first step we have to set the price where we are going to buy, the price is set by you.

Second step is the quantity, how much are we going to buy.

Finally, we confirm the purchase and we hope that the system will carry out the entire process.

Studying a little about both, the most similar to me would be trading, because with trading with a good technical analytical study you can generate much more money in the short term, buying and selling at key points. To carry out trading you require mental strength, a lot of commitment and above all a lot of dedication to take advantage of every moment of opportunities within the market. There are many techniques that trading uses to amplify their profits but for this we must investigate and test each one of them and become very familiar, experimenting in our Exchange, which we have to know very, very well before starting trading, but it is worth leaving small portions of money as a holding company in cryptocurrencies that are dead and their value is on the ground, since many of them can wake up at any time and give us a big surprise.