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

Yes, I hold the ethereum coin and I use trust wallet to keep my ethereum safe. Trust wallet is a multi purpose wallet that stores diffrent types of cryptocurrency. Trust Wallet is the leading mobile that is IOS and Android)ethereum wallet that works with any ERC20, ERC223, BEP2 and ERC721 tokens. It also supports premier crypto curencies like bitcoin, Ethereum, ETC, GoChain, TRon, Litecoin, Bitcoin Cash and many more. Thousands of tokens are built on the ethereum platform and they're accessible through trust wallet.

I prefer trust wallet because, Trust Wallet is the best crypto wallet for mobile phone, Trust wallet provides a user with single wallet address that allows them to manage both their Ethereum and other tokens, trust wallet is also one of the most secured mobile crypto wallet, there is high level of security like bank level security so an unauthorized person can't gain access to the wallets and it is very easy to set up and very easy to use.

Also trust wallet allows users to associated with decentralized applications directly from the trust wallet app. Alot of dApps are integrated on Trust and these dapps allows users to enjoy optimal blockchain technology. Lastly trust walleet supports many cryptocurrency like Bitcoin, XRP, Monero, Binance Coin, Stellar Lumens, Zcash, Dogecoin, Bitcoin Cash, Dash, Litecoin, etc. You can also purchase diffrent crypto from the trust wallet.

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

In cryptocurrency, spot trading is very important investment, it means buying a cryptocurrency such as Bitcoin and keeping it until it value increases or using it to buy other altcoins like LTC, tron, ripple, etc with high tendency of the price increasing.

In the image above, cardano as an example. To buy or sell cardano, the trader has to click on green for buy and red for sell and also choose the amount that would be made available for sale or bought also the sales and purchase amounts can be changed from the percentage line, by clicking between 0% and 100%.

(3).Holding or trading, which do you prefer and why?

Holding or Trading

It is neccessary to understand the meaning of holding and trading before picking one, Holding is a cryptocurrency investment strategy where crypto currency users keep their coins in their wallets despite the rise or fall in the price of the coin, holders don't care about the constant fall in price of their coin as they believe it will rise again and most time they have a set price that is the minimum price they can trade their coin so they patiently wait for the coin to reach this price before trading. Holding is also referred to as HODL or “hold on for dear life”.

Many people prefer Holding due to it advantages like

1. Ease to participate: Hodling is the most easiest cryptocurrency investment strategy, holders acquire cryptocurrency for long term plans and don't bother about panic selling all the times also the transaction fees that is associated with the constant selling and will eliminated they only sell the cryptocurrency when it reaches their target price but the coins need to be stored on a secured wallet so thieves won't have access to the stored coins.

2. Holders are allowed to buy more coins in addition to what they have already, holders can add more funds to their wallet daily or weekly so as to increase their stored coin, this is mostly done when a coin is excepted to have a significant rise in price.

3.Reduce stress and best for new investors, for investors who are just joining the crypto world, hodling is the best strategy for them to learn about making profit in cryptocurrency, they don't have to spend time studying charts and predictions also it consumes little time unlike other cryptocurrency strategy. But there are some issues associated with holding and some of the problems are :

1. Risk, it is very risky to hodl cryptocurrency as the price might keeping dropping drastically without increasing to his initial value so it is important to important to follow cryptocurrency news so you can get market analysis and know when to sell if the price is crashing drastically.

2. The lack of knowledge about market charts and analysis will affect the profit of a holder, some cryptocurrencies price rise alot for some days and then fall equally after the rise so it important to follow this analysis so as you can earn more profit.

Trading

Trading is another strategy to make profit in cryptocurrency and it is an act of exchanging a cryptocurrency for fiat currency or other crypto coins so as to make profits from flunctuations in price of this coins. Traders use different tools to analyze the future price of a cryptocurrency.

The Advantages of trading are:

1. The major advantage of cryptocurrency trading is that you have access to opportunity to make high percentage gains, for traders who understand market analysis and charts, they can easily make huge profits from coin exchange.
2. In trading you can exchange your currency for other types of cryptocurrency like if you have bitcoin you can exchange it for ethereum easily so far your network support it.

There are some drawbacks that Is associated with trading and some them are:

High risk, trading is the most risky investment strategy, you can lose all your money easily if your analysis or production doesn't go as plan for exam maybe a currency is predicted to rise to #1 million from #500 thousand , if you purchase the currency at #500000 and the price falls to #200,000, you'll lose.

Not easy to use, one of the issues associated with trading is it complexity, traders deals with analyzing complex chart to predict the potential rise or fall in a cryptocurrency. Both of these investment strategy are good but it depends on the investor's knowledge about cryptocurrency before adopting anyone, for a new investors, hodl is advisable due to the easiness and less risk associated with it but for old and knowledgeable investors, it is advisable to use trading so as to gain more profits.

Thank you for reading my post @alphafx

Cc: @steemcurator02