A lot of people make the mistake of thinking the blockchain name is Ethereum. Ethereum is the project’s name. Its native currency is called “Ether”. Ether has several utilities inside and outside the ecosystem of Ethereum. Two of its main features are; as a transaction mode, and miners are paid for their services.

Ethereum Classic, the leading smart contract platform for smart contracts, recently reached an important milestone with the Atlantis fork.

Ethereum Classic (ETC) has been around for a long time and has secured a relatively high place in the cryptocurrency charts. When a person invests in Ethereum Classic in the cryptocurrency market, they have two options;

• Holding.
• Active Trading.

Holding

Holding is the easiest trading technique that investors use because it is the one involving the least effort. Holding in stock-trading is a long-term practice. The theory is that in a good and trustworthy company, the buyer buys a certain number of stocks.they then hang onto those stocks as the valuation of the company increases, making them wealthy in the end. bitcoin and Ethereum are the two space industry leaders of the crypto-market. Some early space pioneers have, over time, made massive wealth accumulated.

 Advantages

1. It saves substantial money and time. You just have to buy Ether and store it in a safe location.
2. You don’t have to keep a continuous track of reports, facts, market history and other simple data to know whether the price would drop temporarily or not.
3. Low control over the portfolio.
4. Due to the fact that you don’t need to do regular transactions, the average transaction costs you have to pay are small.

 Disadvantages

1. Long-term investors would not be able to benefit from short-term swings in rates.
2. The long-term holding of cryptocurrencies can be very dangerous. With a lot of consideration and work, you’ll need to pick your coins. You don’t want to be “the man who has invested in bitconnect.”
3. Potential selling is one of the most critical facets of keeping.in other words, when do you leave, and pocket your profits? Do you need to sell all the coins at once or do you need to sell them in chunks? Again, this depends on the coin, and how much faith you have in its impact.

 Active Trading

Professional traders dive deep into the market and have greater knowledge and insight than long-term investors of assets and price behaviour. They use scientific and fundamental research to constantly track business success.

The goal for these guys is to buy low and sell high. Consider the diagram below.

In the above case, a trained, and a committed trader will reach the $160-level market, and wait until the price went up to $191.They will then leave the market, netting a return of ~$30ether.It is, of course, a very easy case. 

Advantages

1. Active trading will enable you to significantly benefit from short-term price fluctuations.
2. You should be able to recognise short pumps of meaningless coins and make the gains accordingly if you have the expertise needed to read the market correctly.

Disadvantages

1. This may be a full-time job for others, which involves proper preparation and policy.
2. You every need to transfer your holdings from your bank account each time you sell your holdings. Obviously, that could take a long time and incur lots of fees. Hence, traders use Stablecoins such as Tether to hold their investments.