Bitcoin Forum

Whenever I get bitcoin, I immediately sell for a small profit.  I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts?  Is it better to buy and hold or buy low/sell high?

It depends of the situation.Last year i had the same feeling.Every time i get bitcoins,i think that the price will

go down so i sell all my btc for USD.But the price does up and i lose potential profits.  :(

Now i think that it`s better to buy and hold.

it is just timing and believing mate, if you choose the buy and sell thing right now is not the perfect timing because btc keep on rising so its is profitable to hold and continue until the halving just don't lose your nerve mate believe and it will happen. good luck

Well, I believe that holding is the safest thing to do. Because arbitraging between exchange sites is pretty risky, and considering that deposits only confirm after 3 confirmations on most exchanges, by the time your coins credit, the arbitrage might have already been gone.

Also, you can look at the long term instead of the short term with holding.

It depends on how much Bitcoin do you own. In general arbitrage trading is considered only good option if you own massive number of coins.

With small capital your arbitrage profits could not be as significant. From the other hand holding is so far proved to be the most effective money earning strategy.

what you say here is not arbitrage, arbitrage trading is something completely different.

but to answer your question, it depends on you and your needs. if you need the money from the bitcoin you get, then sell it but try to keep as much as you don't need to sell because as you can see from the history the price has been rising so far and it will continue to do so.

sometimes i had tempted too do arbitrage if i see range prices between other exchange with my local exchange but my friends tell to me arbitrage have high risk too especially if you start it with small capital because the profit will be cut out just for the fee and he say just predict the exact prices will more better than arbitrage strategy because it doesn't works with very well for him

Subject is completely related to market conditions at that point of time.Speaking of the bitcoins in current week you can probably get an estimation that selling would probably a bad idea as the prices are hiking day to day ,even if they fall by margins there are higher chances that will increase by halving.When the market is down,you can buy coins and hold on for the price to rise.

Arbitrage might work well with the share market as its completely interlinked to the world economy. Bitcoin doesn't depend much on world economy. Even during the days of bad market situation bitcoin was on the increase. So right now its better to hold as you can get higher profit than arbitrage.

Depends on your bankroll size if you have large sum of bitcoin you better keep on buying and selling for small swing in price like 5$ to 6$ never wait till 20$ or similar margin. And always keep your bankroll in the form of bitcoin when you stop trading for the day.

Arbitrage if you have the stomach for it.

Holding if you want to play safe with your bitcoins.

Either way, there's a potential for both to earn you bitcoins though one is more guaranteed for you to earn. You can try to play with both, lessen up the risk of losing your pool of BTC.

If you want to play it safe choose the bitcoin, right now the bitcoin also has a great future so its worth it.
The price will increases very soon to the range of 800 dollar so there can be made huge profits in the future days.

You also have to the careful about which exchange you're using. You don't want to be stuck in a Mt Gox or Cryptsy situation where you can never withdraw your funds. Which exchange/exchanges do you use?

How many Bitcoins are you trading? What % are you gaining from arbitrage? If it's over 0.5%/day then I would say it's worth it (depending on the amount you're risking of course).

It's better to buy bitcoins and hold them like for another weeks or months than selling it in just a few days. So, if you will buy bitcoins again i suggest to you to hold it until the bitcoin halving done on the month of july to feel the big profit that you will get.

both of them are good ways of making money, you should see which one is better for you. usually people are choosing the easy way of just buying low and hold it and wait until the price is high and then sell it.

but also you can see that there is always a lot of ups and downs in the market which can be considered good opportunities to buy low and sell high every day on each of these dips and rises.

Holding on the bitcoin is in my eyes better because of the fact that the bitcoin is now doing some good business.
Its rising very fast and will even rise to a higher amount for sure.

I've been burnt too many times by trying to succesfully arbitrage to recommend doing it steadily. Could be just bad luck on my part or lack of knowledge ;)
I would just hold and look at the long term prospects, but that's just my opinion.

What people already said is the bitcoin and that is also true, the bitcoin is better right now with the future.
Its now also so profitable on a short term so that is saying enough in  my eyes.

If you believe the bitcoin price is going to rise in the long term, it is better to hold it. Trading is difficult for most people.

Be patient! I'd suggest you hold on to your coins.Personally waiting till after the halving is the best safest practise at the moment.If price gets upto 1k and above then you're in for good profit.

Generally its better to hold and sell. This has what has happened now also. Infact if you would have holded for a month would have gain an enormous profit. Also the risk attached is equally that big. Since its the risk reward ratio we can say about it.

arbitrage is better because it is a profit in short time and you may be able to repeat it. but it is not easy to do arbitrage with bitcoin because some exchanges does not withdraw instantly and the price may change in the opposite direction before you close the deal

If you hold lots of bitcoin and fiat and two exchanges, then you do not need to transfer the coin/fiat between exchanges.

I think that simply holding onto bitcoins is a better option than arbitrage, because if you're looking to sell your coins all the time obviously you'll incur a huge amount in fees alone.

While holding onto coins will bring you perhaps small, but at least steady profits.

it all depends sooo much on sooo many different factors.
the size of your capital. the condition of the market on a particular day. the general trend of the market. (so many other factors!)
all of that is just the half of it. a very important part of any trading system is the trader!
what makes you more comfortable & where can you feel most in your zone!

personally i'm massively limited in my access to different exchanges (because of political/national reasons beyond my power)
arbitrage inbetween different exchanges, never really been an option for me; so i've never bothered to do the actual math!
but you've been there, done that & have the data.

invest in an experiment! allocate a bit of funds; try the other method (buy some & hold).
establish the parameters of your experiment, based on Your understanding of the market & Your expectations.
& Stick To It!
repeat a few times, get a feel for it.
then you can easily decide which one works best for You!

It sure is most profitable to go all in on every trade but ever heard of not putting all your eggs in one basket, one-third rule & alike?
just look it up maybe you'll find interesting ideas!

since you are a beginner in trading i suggest you to stick with holding your bitcoin for the time being and enjoying the ride to the moon with bitcoin.

and if you are really interested in trading start with a small amount and you may even have an easier chance of learning in altcoin market.

I have a good experiance on bitcoin trading and etc

I think btc gonna rich 1k$ soon

what do you think?

I think holding your BTC for a long time could be better, if only you have a large amount of BTC therefore you can generate a large profit in the long-term. Yes with bitcoin our patience will get reward for us.

I had an idea -- over Memorial Day weekend when there was a tremendous arbitrage opportunity -- to use Eth as the transfer vehicle between exchanges for a much quicker settlement period -- the problem was the Eth offset at the time and the Chinese exchange I was planning to arb made me uncomfortable.  I was planning on using bots for this which would have required some programming.  So -- I only made it 3/4 of the way through the thought process, and I was a making a killing in btc (trading the swings) and just gave up on the idea...

Obviously, Eth is no longer an option for this -- unless things settle down and they somehow address their current problem with the DAO without destroying the underlying Eth -- but -- just an idea for whatever future "quick settlement" coins might exist...

Arbitrage SHOULD be LOW risk -- and requires speed which the btc network doesn't provide -- if you ever choose to go that route...

I'd be curious to have you experts poke holes at my half thought out plan -- since I might actually pursue it at some time in the future (I am by NO MEANS even CLOSE to as smart as most of the posters here on the forum)...

i think simply holding bitcoin is too much better than any thing else. i think it is still a good time to buy and hold bitcoin tell the halvingl at the time of halving you should sell your bitcoin and when the price came down then try to buy again and then wait for the next high rate.

It's always going to be arbitrage. Why?

Say you earn 0.01% on a trade and you can do this 1000x if you wanted any given day. That's 10.516539% a day growth of your bitcoins. That'll add up way faster than any increase in price ever would. The problem is finding actual arbitrage that you can take advantage of over and over again.

I agree that both good ways in making money, BUT it depends on some situations and conditions.Arbitrage is advantageous if you have a bigger margin,having a higher demand or several orders.Since transferring from one exchanges to another takes time,this could be considered. BUY and HOld is also a good one, BUT you have to be awae whats happening,speculations etc because it also affects the bitcoin price. Be vigilant and act fast so that you will not be left behind ;)

how does the op instantly make a profit? does he buy every single time just before it pops up? and why go through all that hassle to make a tiny percentage? it don't make a great deal of sense.

I think there is no right or wrong answer to this. If you need the money, then it's okay to go ahead and sell. If you don't really need the money, then you could wait to sell when the price is relatively high to maximize your profit.

I think holding bitcoin dalah current best fig. bitcoin will soon be approaching halving the time and price is expected to rise quite high. I save a lot of bitcoin for sale when halving arrived.

i think that it is better to find exist point, even small profit is better than losing everything.

There are some short variations but still bitcoins are growing at great speed and I also think that it is more beneficial to hold it for long time. After collecting good amount of bitcoin then it is good to start trading from small so that enough stock of bitcoins are always remain in wallet.

You can do both if you want to. What I'm doing is, save most of my earnings because I know that it would benefit me in the future (well, since bitcoin is continually adopted by many and become stronger as time goes by) then use some on trading. I don't trade everyday, I'm waiting for the perfect timing before I buy or sell(buy low/sell high), making sure that I will earn from it. That's how I do it, in your case you're still the one who will decide depending on your situation. Just don't trade all, save for the future.

Simply holding the bitcoin is in my eyes better because it has a very good worth and its also worth holding.
I think that due to the fact of the good future of the bitcoin its better to hold right now.

If you have time you can try arbitrage but don't forget that's risky and hard. You depend on deposit times and market sentiments.
Which is why i left daily trading all together.

The only thing i can say to you is you can better holding on to the bitcoin because bitcoin is growing big and i dont think arbitrage
will be such popular as he was before the bitcoin came into the world off course there are more peopel interested to the bitcoin than in to the arbitrage.

i would say hold on to the bitcoin because the future will bring nice things for the bitcoin and that is not a joke because there will happen
allot to the bitcoin in the year 2020 there are allot of people speculating about that.

The year 2020 will be great. Another halving, and my guess is that the price will at least have double from now. That's not because I hope it will be doubled.
But I think it can happen.

The problem with arbitrage is that is not just a 1 person operation. Just keep in mind this is based on your approach.

If they really want to do it really well at it. Since its based off 3 different currencies in total - the us dollars, bitcoin, and then the other country they pay for cheaper rates.

Or it go the othe way around, but youre basically moving and selling to another market for way higher and if the countries currency is strong enough (if not) then you make it up in other ways.

Its depending on how you want to make profit, I honestly would pick the bitcoin because I think it has a better future than it and its also that its becoming bigger everyday it will soon or later take over the world.
The halving is also coming so holding is now because of that better too.

Its really becoming bigger everyday and I also think that you can make a lot of profit with the bitcoin itself.
You are exactly right about it all and I think that if we just hold the bitcoin its gonna be profitable for us all.

It is just and timing and belief in yourself. Arbitrage trading is considered only good option if you own massive number of coins.

I believe arbitrage needs a lot of time and observation on the flow chart of what's happening in the price and I also agree that you need a lot of capital to make a good profit.

That's true without capital getting profit or good earning through arbitrage needs long time as well can't get desired profit and high risk involved. Its better to hold accordingly to the rise and grab the profit.