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Do you hold any coins? Talk about the wallet type you prefer/would prefer holding in

Do you hold any coins?

If I like to hold with steem, especially when the price drops as it happened last week, when the price fell below $ 0.6, I managed to buy everything I had reserved in BTC from steem. I held a hold of this currency for 1 week or more, but I decided to sell to pass everything to TETHER , since it is my main currency to hold, I use this strategy so as not to lose money in the event of a fall in BTC or any other currency.

Talk about the wallet type you prefer

I currently use Poloniex, it has always been my preferred exchange, and I have not changed just out of habit. In it I have obcion to most of the most famous currencies in the world and as for the entry of the page is fast. without so many identity checks which is what has kept me from other platforms.

would prefer holding in

Actually yes. You run less risk, as long as you hold a stable coin, since I rarely hold with another currency, there are people who hold volatile currencies expecting big profits, but this is not my case.

With screenshots, show how to perform spot trading on any pair of your choice.

For this presentation I have decided to use the DOGE / BTC pair

1- We select Spot exchange

2- In the peer search engine we look for Doge

We are going to make an exchange between DOGE and BTC, this time we are going to buy DOGES

1- We select the amount of BTC that we are going to offer for each 1 doge in this case 0.00000575 btc

2- Here we select the amount of Doges that we are going to buy.

3- In this area it shows us how much BTC we must have in our wallet to buy 59.41361256 DOGES, which is a total of 0.00034044 BTC or Satoshis.

4- By being satisfied with our selection we give you Buy.

Aqui se muestra nuestra orden de compra , solo queda esperar que alguien quiera VENDER DOGES A 0.00000575 BTC

The process of selling is very similar. We are going to sell those doges that we bought.

1- Here we put the amount of btc that we ask for each 1 Doge in this case 0.00000578

2- The quantity of Doges to be sold is placed in this zone. 59.23596689 Doges

3- The total of btc that they have to pay me is in this area in this case 0.00034238

4- The button to sell. and confirm the sales order.

Like when we sold the sell order will be placed in the order book and will appear in the open order area.

Holding or trading, which do you prefer and why?

Holding is my preferred choice, because I have always liked to hold, although I always do it in a stable currency once I forgot some coins called bolivarcoin in an exchange, they cost 10 statoshis each, and after a few months I checked my portfolio and each coin It cost 300 satoshis, at that time it sold everything, it was fortuitous because a few months later its price fell to 110 to 130 satoshis. and it remained at that price for 1 year and then with the fall of the btc the currency now reached a value of 12 satoshis. I never checked it again, I forgot that pair because they took it out of my favorite exchange and I did not hold any more of that currency.

Conclusion.

Creating buy and sell orders and knowing how they work is the fundamental pillar for trading, there are people who only decide to save their coins and wait for an eventual rise in it to generate profits, and that strategy is also good, but if you want to be in The action every day is important to manage these buying and selling tools, personally my holding companies are in stable currency so I, for example, sleep peacefully at night.

CC:
@alphafx