Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Smilevictorobinna on May 03, 2024, 06:29:24 PM



Title: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Smilevictorobinna on May 03, 2024, 06:29:24 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Frankolala on May 03, 2024, 06:36:18 PM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: HideYourKeys on May 03, 2024, 06:38:54 PM
Unless you consider yourself a good trader, I would stick to accumulating ;)


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Upgrade00 on May 03, 2024, 06:41:12 PM
If a person does not have an idea about trading they should not attempt it at all. Hodling does not require any skills and you're taking on little risk if you're not buying with borrowed funds.

For someone who has experience with trading, they do not have to choose one or the other. If you're making some profit trading you can set aside a little amount for it and lock the rest up in cold storage. If you're not profitable, you should quit trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Hatchy on May 03, 2024, 06:41:55 PM
m not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

It's not actually a matter of being confused as we have two types of investors when it comes to Bitcoin. The long term holders, aims to make profit by holding their investments for a very long time. While that of the short term holder, the traders makes profits from short term hodl. So what ever investor you choose to be depends on your knowledge and choice. But holding is more profitable for the longer term because the bigger your accumulation, the more profits your are likely to make from the market.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Stalker22 on May 03, 2024, 06:57:23 PM
Trading is for those wanting to try timing markets, and holding long-term can work, but enough already with this you cannot lose talk.  Bitcoin is volatile, and no one really knows the road ahead.   

Lets be real, stockpiling Bitcoin might make you rich, of course, but nothing is guaranteed. Its a spin of the roulette wheel.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: dunfida on May 03, 2024, 06:59:22 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

You can do both things but of course its not something that everyone could pull it off.  :)

Trading does need up some time and effort on which dealing up with this volatile space isnt something that you could easily deal up with but doesnt mean that it would be impossible for you to make money.
Only the best among the rest will really be able to sustain up yourself on this unpredictable market and this is why there would really be those people who would really be rather be holding
instead on making up some active trades because they cant really be able to handle up the risks involved.

It would be a matter of choice on which one you would really be taking into. It is really just that there are people who are really that skeptical on facing up the risks
but eventually it is something worth if you do really just know on what you are doing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: hatshepsut93 on May 03, 2024, 08:18:43 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

Neither. It's best to ride the waves of market cycles and buy during a bear market to sell during the bull market that comes after. If you are trading daily/weekly/monthly, you will just lose money to random movements that are impossible to predict, if you are just buying and buying, you are taking a huge risk and the profit is smaller than investing in cycles because you are not taking profits and reinvesting them for more profits.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Alone055 on May 03, 2024, 08:29:00 PM
One can do both, there is no restriction as long as one can afford it.

If I'm a trader, and I'm constantly trading Bitcoin and other cryptocurrencies and earning good profits from it, I would be able to accumulate and hold some of it as well for the long-term because I will have enough funds to do that, and it wouldn't affect my trading activities.

Those who are not day trading because they don't have a budget for it, and only get a small amount to spare each month or so, accumulating and holding is probably the best option for them because you can't start day trading with a low budget as the profits won't be worth the time spent on it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Crypto Library on May 03, 2024, 08:35:04 PM
It depends on person to person like if the person has well skills about the analysis like fundamental analysis to technical analysis then there is a possibility to have profit on short-term trading for that person. i will also say in case of these people they can do the both at a same like short-term trading with their skills and accumulating bitcoin for long-term with dca method no one will stop him.
But for the beginners and those who are not skilled at technical analysis for the the best option is to making the investment with a proper DCA method this will make the risk low for him. So now it's ups to that person decide what skill he have and what will be wise to him choose.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: serjent05 on May 03, 2024, 08:36:34 PM

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


Not entirely true, this depends on the trading skill of a person.  Trading Bitcoin is way more profitable than just holding it but obviously it comes with high risk due to the high volatility of Bitcoin.

Given a scenario of a skilled trader trading Bitcoin by buying low and selling high, the person can accumulate more Bitcoin than the person who just hold BTC and waits for his target price and sells.

Like when two people, Person A and Person B, bought Bitcoin @ $20k , Person A just hold his Bitcoin, while Person B monitored the market and sold when the price went up to $70k  and then bought again during this dip.  Who do you think will have a more profitable investment venture?

I highly agree with what @hatshepsut93 stated. Take advantage of the dip and surge of the market for more profitable investment ventures.



Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Issa56 on May 03, 2024, 08:46:42 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
You don’t have to be confused,  just do what works best for you. If you prefer holding, then do that, and if you know trading works for you, then go for it, but you should know trading is not really easy compared to holding. If you want to be a trader, you have to take learning as a continuous process. You should know the risk is higher. You won't always be making profits, sometimes you will have to lose, but make sure your profits are more than your losses as a trader. There are other things you should know if you want to be a trader, but holding is not that difficult and has a lesser risk.

Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.
Some people knew about bitcoin years ago, but they didn't invest in it because they didn't have confidence in it. Most of them were thinking bitcoin was a scam, and some don't really believe bitcoin will be so successful. Most of those people are really regretting why they didn't invest earlier, and people who don't invest now will end up regretting later in the future why they didn't invest in bitcoin now.

So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
There is nothing to be confused about, you can decide to do both. If you are a professional trader, then you can decide to trade with some of your money, and you can use the rest of your money to accumulate bitcoin and hold it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Russlenat on May 03, 2024, 08:50:18 PM
If a person does not have an idea about trading they should not attempt it at all. Hodling does not require any skills and you're taking on little risk if you're not buying with borrowed funds.

For someone who has experience with trading, they do not have to choose one or the other. If you're making some profit trading you can set aside a little amount for it and lock the rest up in cold storage. If you're not profitable, you should quit trading.
However, if you are highly capable to do both, then why not? Trading is never bad as long as you know what you’re doing and you know exactly the outcome of your action, and at the same time accumulate more bitcoin with your spare money that you can afford to lose.

Let’s not complicate things if they can be done accordingly. Unless if you are just trading to make quick profits, that will never work and will only put your portfolio into the danger of losing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Zlantann on May 03, 2024, 09:19:25 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

The answer to your question will be based on choice and level of experience. Some Bitcoin traders are making lots of money and they might consider accumulating as a waste of time. Some people are not patient enough to wait for a long time before they make a profit, so they prefer to be traders. Just as others have said, trading is risky and needs a lot of skills to be successful. If you don't have these important trading skills, you might end up losing all your investment.

Accumulating and hodling Bitcoin is easier and also profitable. You don't need much skill to know how to keep your coin. Understanding the Bitcoin system, wallets and important security procedures are basic information that can make you a successful long-term investor. It is important to know how to protect your wallet from criminals.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Alphakilo on May 03, 2024, 09:24:59 PM
I doubt if there is anyone who is confused on whether to trade bitcoins or hold Bitcoin. If there is anyone like this what this tells me is that that individual hasn't researched on this two concepts.

If the individual is a beginner who doesn't have any background in fingers or investment they accumulating and holding Bitcoin is the best option for that individual. Trading Bitcoin has so many risk thay only expert traders should in involvy thems so in it.WBetween these two one requires knowledge and the other one has a free entry.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: kotajikikox on May 03, 2024, 09:28:36 PM
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

I think that it depends on the person itself.

I think that trading can be beneficial for those looking for quick profits. It is definitely riskier than just holding but if you need the money right away then you can do this. However if you have some patience on you and can wait months even years until finally something comes out of your holdings then that’s fine too.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: nakamura12 on May 03, 2024, 09:32:12 PM
If you believe your good at trading then why don't you start doing it if you have the skills and knowledge about trading. For me, even though I have some knowledge about trading and have done it before but I am not confident with my skills in trading. I'd prefer accumulating bitcoin which is more wise to do in my opinion and the amount you have won't change but the value will change and that's more in my favor since the value is either going to increase or decrease. Do what's best you think between the two.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Sandra_hakeem on May 03, 2024, 09:44:53 PM
Trading is profitable, only if you understand the basics of analysis and quotation. The question should be - how efficient should a person be, to become a successful trader? Otherwise, I'd advise that you back out and HODL coin for the safety of your funds. I definitely did traded for sometime and made profit for the first few months (including loses), but it took away my time since I'd always prefer day trading.

on the other hand, HODLing requires less attention and skills.. All you gotta do is set up a hardware wallet - a type that would regenerate your priv keys offline (Trezor preferably)


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Hypnosis00 on May 03, 2024, 09:50:29 PM
Trading is profitable during bull season and there is no harm in trying as we can't tell ourselves if we are good at this if we never do it.
of course, holding is less risky and also profitable but if you don't have patience, this will never work.

Generally, we can just tell which one suits us after having a try on both of them. For me, I would say trading is a good choice during this time but after this bull season, I will become a holder again. We choose the option where we think we can do well, not because we see people doing this. That is why we should try and let us see the result before deciding as this also depends on our behavior, knowledge, skills, and interest.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: _BlackStar on May 03, 2024, 09:51:16 PM
Only 10% of traders make profit from trading, the rest always run at loss in the market.
I'm not sure you really know what percentage of traders are able to make a profit from trading. Do you have data about that?


Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Trading and investing are just choices that are both profitable and detrimental in certain circumstances. You never know if you will actually make a profit from your investment in the long term in bitcoin - IMO, that is a risk you still need to consider so you are not 100% safe putting all your money in bitcoin.

Traders are more likely to be able to withdraw their profits and enjoy the results of trading compared to long-term investors - of course this refers to investment risks where even investors themselves do not know for sure what will happen in the future to their investments. They can lose access to the wallet even if they have secured the key or seed - while traders can withdraw their profits when they convert their bitcoins to fiat that very day. But in my opinion - long term investment is more profitable from a psychological perspective and also the potential for large price growth is good to consider.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Distinctin on May 03, 2024, 09:59:29 PM
That depends on where you feel more confident and comfortable of doing. Hodling might be less risky but hodling does not seem so easy just like others are speculating. You need to have a good control of your emotions for you not to break down when prices are suddenly going least of your expectation. That’s just normal in a volatile market like crypto, so expect that there will be more price correction all throughout. Just like trading, patience is a necessity. If you don’t have a good management of it, both hodling and trading will never be successful but will only leave you with a lot of losses and frustrations.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: AYOBA on May 03, 2024, 10:01:19 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.
Bitcoin has become a great crypto in all over the world since is the only that stand as a coins that everyone knows much about and it always gives a turn up at every time a person purchase it. That's why a lot of people's have developed much of interest on it.
Quote


A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.
We humans beings where individuals defferences and everyone has a plan for his future, some people's preferred to accumulate a Bitcoin than used them trading since that's what they have knowledge about. Because not every body have knowledge about trading that's why so much people's do not, but some people's reasons is because of the risks that is involved and all people's have the mind to afford the risks that are involved in trading which why some will just free themselves and only accumulate a Bitcoin and live it for long periods of time so that it can earned huge profits.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Nwada001 on May 03, 2024, 10:35:36 PM
You should do which one you think will benefit you the most and which one you know is best to do. If you want to accumulate and hold bitcoin for the long term, which is obviously the safest way to profit from bitcoin, you should do that. 
 
Some people feel like holding bitcoin is really a waste of time due to how they feel that they can really make a fortune if they trade it, which many do, but a lot of people have lost their investment due to the wrong timing on the bitcoin market. It's highly volatile nature makes it more risky and harder for its movement to be predicted.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GbitG on May 03, 2024, 11:15:00 PM
Pretty interesting Topic!
In the term of profit or loss, if we compare trading or investment, then according to my opinion, when there is a bull run, trading gives you just 2x to 4x profit margins. In the case of buying, they have higher profit margins when the bull run reaches its peak as compared to trading. 
 
So it means to say that, according to me, accumulating Bitcoin is the best way to make huge profit margins. While trading, you cannot get profit margins in the same way that you get from investment. Apart from this, if we talk about efforts, you will have to learn some skill in trading like technical analysis, fundamental analysis, time, probability, etc., which requires a lot of efforts, but despite this, the lose ratio is high, which means the profit/loss ratio is 50-50. . On the other hand, in investment, you will have to make a few stances and at the same time, the profit margins are also high and the loss ratio is nonexistent. Meaning if Bitcoin is taken, then those who have invested are in an all time bullish moment from a long term perspective. So therefore, for me, investment is better than trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Churchillvv on May 04, 2024, 01:02:36 AM
First the title or topic seems more like a question but the content itself says other wise. Perhaps you have concluded already that holding is wise enough than trading but perhaps you might be wrong or right because it's quite an individual thing. You can be comfortable trading crypto and someone else will be comfortable holding. The both are likely to make profit the difference is one is taking more risk than the other and believe me the higher the risk the higher the chance of more profit is.

We can not decide for anyone hence neither trading nor holding for a long term is the best as long as it's not just one person that's in the contest. Everyone has their own pockets and risk management.

Similarly, the most common here is holding which makes you more comfortable even with the volatility of the market. Accumulating bitcoin is mostly the best choice for everyone because of the opportunities that it gives and losses are minimized to the fullest as long as you hold your a prone to profit. All that is most required for profit making is how long one is patient enough to hold the longer you hold especially bitcoin the more profit you will make so holding has always been the choice of the people here and I'm not excluded.

Finally, what I'm saying in essence is if you can trade and make profit don't let our own contributions or perceptions and ideas towards trading influence you to do less you have to goal to reach and none of us will reach that goal for you so if you think you can trade go for it but if not you better stick with accumulation(Hodling)


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Ever-young on May 04, 2024, 01:26:26 AM
Unless you consider yourself a good trader, I would stick to accumulating ;)
Even people who consider themselves as good traders can still not predict the market 100%, the market can still play tricks on them and they'll end up gambling away their money.
When it comes to Bitcoin investment, then the best approach has always been BUY and HODL,  because you can only reap the actual benefits of Bitcoin when you look at it as a long-term investment and you target the long-term profits, and trading is definitely not looking at the long-term potentials of bitcoin.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: BlackBoss_ on May 04, 2024, 01:34:39 AM
Even people who consider themselves as good traders can still not predict the market 100%, the market can still play tricks on them and they'll end up gambling away their money.
Because an experienced and good trader does not predict the market. They are disciplined with their trading action and they take action very disciplined. They don't enter the market if they won't see risk and profit ratio from an entry and their target exit is good enough in both potential risk and profit.

They are flexible with their trading action by entering and exit the market and they even are quickly to exit the market if it turns bad and they can accept a draw, minor loss to avoid bigger loss. They have plans for trading and their plans are not depended on market predictions.

Quote
When it comes to Bitcoin investment, then the best approach has always been BUY and HODL,  because you can only reap the actual benefits of Bitcoin when you look at it as a long-term investment and you target the long-term profits, and trading is definitely not looking at the long-term potentials of bitcoin.
HOLD will give very good ROI with Bitcoin. See Bitcoin ROI.
https://casebitcoin.com/charts#roi_chart


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bitterguy28 on May 04, 2024, 03:45:06 AM
This is what we call

HODLING vs TRADING in which have had answered a thousand times before in this forum because it stands such to buy or to sell .

but for me personally ? since you are talking about the number 1 and most expensive coin? I will choose HODLING or accumulating specially in our time now .






Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: adaseb on May 04, 2024, 04:20:21 AM
I am pretty sure for the majority of people who tried trading bitcoin, ended up with less than if they just held all together. Everyone wants to get rich quick but it’s not that easy.

Throughout the years I’ve seen many people lose their bitcoin stash because they either gambled it on some gambling site, they traded it for some alt that ended up going -99% or they leveraged traded and went bust.

So for those people, which is the majority they would of been better off just holding their bitcoins and not doing anything.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Darker45 on May 04, 2024, 04:22:51 AM
As far as my personal experience is concerned, this debate has long ended. Hodling has proven to be wiser than trading. Others may not agree, though. But my personal experience isn't uncommon. I have a number of Bitcoin friends who have long quit trading. The reason is that timing the market isn't easy.

A newbie who checks on the price every minute of the day may see a window of opportunity in the movements of the price. The same thing I saw years ago. He/she may see a pattern that seems easy to follow. I had the same impression myself when I was a newbie. Not until I tried trading myself that I realized it isn't as easy as it seems.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: lovesmayfamilis on May 04, 2024, 05:39:56 AM
OP, is it better to trade or hold? For me, these are completely different activities. A person who only learned about Bitcoin yesterday cannot engage in trading. At the same time, any beginner can invest and keep Bitcoin for a long time. There's no big science here. So I don't think your question is correct. I know that those people who try to trade for years are not successful every time. You can reframe your post by saying: if you want to lose more Bitcoins, trade; if not, then just hold.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bettercrypto on May 04, 2024, 05:45:25 AM
I guess I'm in trading bitcoin because you can get a profit every day, and then the profit is available and we can use it in the crypto investment or compounding. also in bitcoin.

But of course we can only do this if there is deep knowledge of trading, because without that knowledge, we cannot do it for sure in the end.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Plaguedeath on May 04, 2024, 05:58:40 AM
Is that even a question?

If your friends is successful become a businessman and you're successful become a high skilled worker, why he need to close his business and become high skilled worker? or vice versa.

People who buy Bitcoin since 2014 and hold till now are gamblers! Bitcoin was really cheap and no one can predict Bitcoin can be so high like now.

Invest is when the asset relatively stable and it high unlikely will crash, before 2017 Bitcoin is nothing stable.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: mamesso on May 04, 2024, 06:07:25 AM
Trading and investing are two different methods that have the same goal, you must be able to master the things needed in these two options before choosing one of them.
Trading has the opportunity to achieve big profits in the short term, but you must be prepared to face the worst possibility which often occurs due to very fast price movements which can exceed the amount of profit you want. You must have knowledge to trade such as technical analysis, market analysis, and information from various other sources such as X and news spread in electronic media. Equipping yourself with analysis skills and in-depth understanding will really help you in making trading decisions.

Investment is also not free from the risk of loss, but in most cases, investors can overcome this risk based on their goals when investing. Investments can be made instantly or using the DCA strategy, there is not much that needs to be done in investing as long as you are able to be patient in the long term and do not panic easily when asset values start to decline. Long-term investments have the characteristics of stability, besides that they can reduce anxiety about daily price fluctuations. So in my opinion, if you have no knowledge about trading, then investing is the best decision because you can maintain assets while remaining focused on asset growth over time.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: LogitechMouse on May 04, 2024, 06:12:40 AM
Quote
Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Both are different, and this is a subjective question because not all are engaged into trading, and not all wants holding Bitcoin for a very long time probably because they're impatient that they prefer trading.

Wise to do? It depends on your skills. Are you a good trader? Go trade your Bitcoins. If not then just go buy, accumulate, and hold Bitcoins. If you know how to trade, and you're profitable in it then go trading, but except from that, just focus on accumulating, and holding Bitcoin. At the end of the day, it's your goals, strategies, and risk management that matters. Maybe add the skills as well.

As for me, I focus more on accumulating Bitcoin rather than trading because I don't know how to trade, and I've lost significant amount of money in trading already that I'm thinking of not doing it anymore. :D


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Yamifoud on May 04, 2024, 06:55:50 AM
It is the wise thing to do to choose what is best for you and what you think you can do well.
 - not all become a successful trader
 - not all become a good investor but are good at trading

I highly recommend choosing based on your interest, not with the interest of others unless you are the same.
For newcomers, better to start investing first before moving to trading just to gain ideas because this is very important when we are there.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: God bless u on May 04, 2024, 08:01:27 AM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

If you can hold it upto a long time then you should have a hold on it and continue to be aware of of all the market conditions. Just go for all the asset's you can Invest in it so that when it pumps you can have a good amount of profit.

Be aware of the market conditions so that whenever there should be crisis you can have a resale if you're investing something you can't afford to lose otherwise just put the money in there and forget.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Antotena on May 04, 2024, 09:01:42 AM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Trading has its advantages and holding Bitcoin has its own advantage in the sense that you can buy Bitcoin at low price and then sell when its higher with profits but it's not every coin that you will trade and get a reasonable profit.Holding Bitcoin is psychologically stressful and emotionally but trading isn't that same because of the stop loss use, however trading is energy draining and stressful because if you don't have the knowledge, you would probably make nothing.

Another advantage of trading is that there is a way you can buy more Bitcoin with less than the amount you have, for instance with small amount of money, you can buy margin of Bitcoin with 3x or even more depending on how the exchange is able to borrow you, if you are good in margin trading you can use that to buy more Bitcoin and sell when profitable.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Z390 on May 04, 2024, 10:26:21 AM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


I have tried both, and judging from experience I have a peace of mind holding Bitcoin more than trading, if you must long or short the market, make sure you do it once in a while and with money that you are willing to lose, because in the case of trading you are simply gambling.

In the past, I always believe that trading is something you can do every day to get daily income but sometimes the market just behaved unexpectedly, and resulted in losses, you will be safer if you have a source of income and just focus on accumulating Bitcoin.

The most successful traders don't trade everyday, they do it based on what the chart is gearing up to do and thats why they use stop loss too, obviously, it shows that there is no way you won't lose money as a trader, so be prepared before even starting to trade.

If you think about it very well, the holders have always been the most successful.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: kryptqnick on May 04, 2024, 10:45:27 AM
Trading is a risky and time-consuming practice. Some people seem to be good at it, and it can become a source of income for them. But a lot of people suck at trading, and I'm not sure that practice makes perfect in this case. Trading Bitcoin requires regular activities, stress, monitoring the market. Accumulation is way easier and also safer because Bitcoin does seem to have a strong upward long-term trend, whereas with trading, you can lose money even if a currency is good and has great potential. So, as for me, accumulation is wiser.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: macson on May 04, 2024, 02:56:26 PM
Trading is a risky and time-consuming practice. Some people seem to be good at it, and it can become a source of income for them. But a lot of people suck at trading, and I'm not sure that practice makes perfect in this case. Trading Bitcoin requires regular activities, stress, monitoring the market. Accumulation is way easier and also safer because Bitcoin does seem to have a strong upward long-term trend, whereas with trading, you can lose money even if a currency is good and has great potential. So, as for me, accumulation is wiser.
Accumulating Bitcoin is actually almost similar to the DCA method, except that traders who use the Bitcoin accumulation method are usually not active traders, they only look at the market occasionally and then try to take profits when they have made a profit.  while those who prefer risk will definitely choose to be active traders (those who trade every day), however trading must produce profits so that everything done is not in vain, just like you, I also choose the accumulation of bitcoin which is a very good thing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: dothebeats on May 04, 2024, 03:13:01 PM
I'm a man who has a lot of time in his hands but is always too busy doing something to enrich my skills and my self-worth. I'd love to trade bitcoins and make it something that will make me money, but I found out a few years ago that I'm better off buying bitcoins, storing them for 3 or 4 years, and selling them once a new ATH is hit. It saved me a lot of time, effort, and money and I get to use most of my time for other things that could also generate me money.

If you have a day job that occupies most of your time, keeping a little portion of your salary to buy bitcoin is the best way to go, then treat those expenses as your 'savings' and try to not withdraw when the price is subtly increasing. This way, you are building your portfolio slowly while you're making money, and the rest of your time is spent on other things that help you work on yourself. Personally, I think trading bitcoins is for the rich or those who have deep pockets who can make tens of thousands or even millions in a day. If you're someone who's in the middle class and working from paycheck to paycheck, day trading is risky and it's better for you to just save and buy bitcoins as an investment.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: BlackBoss_ on May 04, 2024, 03:42:45 PM
I'm a man who has a lot of time in his hands but is always too busy doing something to enrich my skills and my self-worth. I'd love to trade bitcoins and make it something that will make me money, but I found out a few years ago that I'm better off buying bitcoins, storing them for 3 or 4 years, and selling them once a new ATH is hit. It saved me a lot of time, effort, and money and I get to use most of my time for other things that could also generate me money.
If you are busy and don't have much time for trading, investing and holding is better practice for you.

With trading, if you are not experienced and cleverly, you can lose your bitcoin by trading, not increasing your bitcoin or portfolio.

With investing and holding, you only need to have knowledge to believe in Bitcoin future, patience to hold your bitcoins long time enough, and take profit after some years or some cycles. Better ROI, no risk to lose your bitcoins like with trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Stepstowealth on May 04, 2024, 03:48:17 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

You only get confused if you have knowledge of trading but if you have no knowledge of trading, there is no way for you to get confused between the two options of either just accumulating bitcoins or trading bitcoins when the one you can only actually do is to accumulate bitcoins. The confusion will arise when an individual both has knowledge investing and also knows how to trade. Even as a trader it will be wiser for you to just be accumulating bitcoin if you notice that your success rate in trading is not so much and that is you are losing more than you are profiting from trading. Instead of continuing to reduce and loose money to the market, it is better you pause trading and try accumulating bitcoins while you make attempts to improve the knowledge you have on trading with the plans to improve your profit by reducing losses when you start trading again.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Maus0728 on May 04, 2024, 04:09:31 PM
Depending on your tolerance to risk, if you're the kind of person that easily panics, you're probably better off just accumulating and hodling that bitcoin for a guaranteed profit for the long-term, if you're not the kind of person that doesn't easily panic then you're probably going to need to check out trading because it seems to be a really good thing for you to do, just learn that you only should invest or trade what you can afford to lose, don't make the beginner mistake of having to get emotional when losses or wins come your way, probably for the best that you do some research if you really want to trade, learn the ways and the different types of analysis of the different market movements.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: fuguebtc on May 04, 2024, 04:11:27 PM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.

In theory it is always easier to hold than to trade but in practice and in my opinion. Both methods have their pros and cons, and making money from bitcoin has never been easy. It sounds very easy, but being able to hold bitcoin until it becomes profitable takes several years or more, and as far as I can see, not too many people can do it. I don't find it as simple as you say.

In short, depending on each person's interests and abilities, choose the most suitable method of making money. Holding or trading, both are ways of making profits in the market and there are no bad methods only poor player skills.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Gaza13 on May 04, 2024, 06:03:06 PM
I guess I'm in trading bitcoin because you can get a profit every day, and then the profit is available and we can use it in the crypto investment or compounding. also in bitcoin.

But of course we can only do this if there is deep knowledge of trading, because without that knowledge, we cannot do it for sure in the end.
Even though you have knowledge in trading, I don't think it guarantees you can make a profit there. Sometimes even expert traders can still lose. You shouldn't think too much about profits alone in trading, but you need to know that the risks involved are very large. No one can predict prices accurately, it is better for us to just keep collecting and collecting, the risk of loss does not have a big impact on the assets we own, we only experience price fluctuations in the market compared to when we trade.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: AnonBitCoiner on May 04, 2024, 07:15:07 PM
Among crypto coins Bitcoin is the most known and most acceptable coin but people show interest when it is very high and investment at higher worth is not worthy. There will also be a large number of people who show such a greater interest that they immediately buy Bitcoin at the price above 65k$ and now they are waiting for the market to be good again.

If someone is new here then they should not invest at such a high worth because it becomes risky due to which newbies do not show any patience and the market drops their money.

Accumulating Bitcoin is good but trading is risky and only experts can benefit from trading but for newbies and experts both can accumulate Bitcoin at an affordable price.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: SATWAT on May 04, 2024, 07:31:28 PM
I guess I'm in trading bitcoin because you can get a profit every day, and then the profit is available and we can use it in the crypto investment or compounding. also in bitcoin.

But of course we can only do this if there is deep knowledge of trading, because without that knowledge, we cannot do it for sure in the end.
Even though you have knowledge in trading, I don't think it guarantees you can make a profit there. Sometimes even expert traders can still lose. You shouldn't think too much about profits alone in trading, but you need to know that the risks involved are very large. No one can predict prices accurately, it is better for us to just keep collecting and collecting, the risk of loss does not have a big impact on the assets we own, we only experience price fluctuations in the market compared to when we trade.

Solid point with we have not guaranteed about profit during trading because things can take change any time even experts can also face loses due to fluctuations so for me better idea is accumulating instead of going for the trading which is never been ideal thing for few peoples specially those are having no big savings they need to stay with their savings on accumulating which give them good reward at the end.
Here we have no big risk of lose because saving usually pays good profit even there is no matter you are doing this all for the long run or short case accumulating always good for everyone.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Yatsan on May 04, 2024, 07:33:45 PM
Trading requires huge amount of attention, so if you know to yourself that you don't have enough knowledge of price action and different chart patterns, then accumulation or just holding Bitcoin would be a better option. Trading is not something you would fully learn within a year, at least for majority of people. It is indeed more profitable with just accumulating Bitcoin but will also involve bigger loss due to high volatility in the market.  With swing or spot trades, you could maximize the profit from every price direction of it but you'd be more stressed following the trend unlike with long term holding wherein it is your discipline and consistency are the only things where you would struggle. Either would be fine as long as you know what would best work for you.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: kentrolla on May 04, 2024, 07:36:19 PM
I have tried both and accumulating proved to be better hence I am doing it through DCA but this doesn't rule out tr fact that even traders earn good amount of money it's just that everyone can't become a trader and if a person has good trading skill and can allocate more time then trading would be a better option but as mentioned knowledge and skills are really important else people will end up losing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GbitG on May 04, 2024, 08:12:09 PM
If a person does not have an idea about trading they should not attempt it at all.
Right, if somebody doesn't have any ideas/experience about trading that how it works, or how to analyze the market dynamics, So definitely, it could be hard to get the chance to make some profit. Because trading is a field where you don't have much more skill or experience so your profit or loss possibilities are 50/50.

Quote
Hodling does not require any skills and you're taking on little risk if you're not buying with borrowed funds.
 Exactly, that's an investment that needs no much more skill or experience. Besides that, it doesn't need a lot of effort. Only you just need to develop a develop a DCA strategy through which you will be accumulating bitcoin. I chose DCA because in my opinion, DCA is the only strategy that reduces your loss risk. It reduces volitality. This reduces the risk of losing your investment. So I think for investment you have to do just DCA. While trading, you have to monitor everything carefully. In which you will have to learn TA, FA, as well as market sentiment and many other skills while still giving you 50/50 loss/profit. So now it is up to us to decide which one is better.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Ale88 on May 04, 2024, 08:12:28 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
I really don't understand how this could be something confusing: if you know how to trade, then trade; if you don't know what you're doing, then just accumulate. As simple as that. Usually for many people holding is the easiest way to go, there are no risks but you need to be extremely patient. Some people are not patient and they rush into trading, usually losing everything.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Kristiyana on May 04, 2024, 11:55:36 PM
Trading is very difficult to understand, considering the risk that is involve in trading, as a beginner I think is advisable to go into accumulating bitcoin, reason is because if you start with trading you're going to experience a lot of loses. as a new Investor that I'm I don't look at trading aspect because I don't have much knowledge about trading, that is why I prefer accumulating bitcoin than trading, I think is more safer though there is always a risk both in accumulating of bitcoin but not to be compared with trading itself.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Reatim on May 05, 2024, 01:25:40 AM
Trading is very difficult to understand, considering the risk that is involve in trading, as a beginner I think is advisable to go into accumulating bitcoin, reason is because if you start with trading you're going to experience a lot of loses. as a new Investor that I'm I don't look at trading aspect because I don't have much knowledge about trading, that is why I prefer accumulating bitcoin than trading, I think is more safer though there is always a risk both in accumulating of bitcoin but not to be compared with trading itself.
I agree that trading is a lot more advanced than just holding bitcoin so if you are a beginner, you probably should start with just accumulating bitcoin to hold. There are too many complexities to soothe out when you decide to start trading like exchange to use, market analysis and a lot more that could make a beginner's head explode.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: boty on May 05, 2024, 07:14:51 AM
I have tried both and accumulating proved to be better hence I am doing it through DCA but this doesn't rule out tr fact that even traders earn good amount of money it's just that everyone can't become a trader and if a person has good trading skill and can allocate more time then trading would be a better option but as mentioned knowledge and skills are really important else people will end up losing.
It is true that if we can combine these two things, of course this will be very profitable for us and we also have to look at the potential we have and don't let it happen that when we carry out these two things, this will make us unable to make a profit, instead we will incur losses. I agree with you, using the DCA method as you mentioned will certainly be better and we must be able to do it consistently in order to achieve the profit target we want and to trade I have never tried it myself because it is very risky for me who has never tried it. I have capital that I can use in trading and this is very risky as you said without trading skills it will certainly make us lose in the trades we make.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Essential10 on May 05, 2024, 09:58:39 AM
No one can master trading easily, it requires a lot of hard work, patience and very few people succeed in trading. Since Bitcoin is very valuable, if you choose to trade with Bitcoin without understanding it, you can face a lot of losses. If you invest money in Bitcoin you will have to wait a long time to get profit. Meanwhile, you can get big success very quickly by trading Bitcoin, but try to make your money profit from long-term investment or trade where you feel comfortable.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Luzin on May 05, 2024, 10:16:46 AM
First, I know bitcoin trading has the aim of multiplying bitcoins. I try not to sell when I don't because I have a very important need and I don't have cash. For this reason I did set aside some money to buy bitcoin. That I did in 2015.  After that I kept trying to accumulate my bitcoin amount by trading. It's a bit risky, but I keep learning how to trade because basically the technique is the same only the market is changing. We just need to learn continuously. So I will choose to multiply bitcoin by trading instead of investing bitcoin by buying it with fiat. 


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Volimack on May 07, 2024, 03:31:53 AM
A valuable currency like bitcoin I will never waste trading bitcoin is the best for investment. I don't think it's wise to trade in bitcoin as it requires a lot of knowledge in trading and learning a lot about the market. If someone jumps without learning there will be a high risk of losing, which cannot be easily compensated even if you want to. All will be lost if the market moves and faces a loss. But bitcoin long term investment will give good profit.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: electronicash on May 07, 2024, 04:25:14 AM

traders are trading BTC/USDT to accumulate BTC. the stablecoin is what it's used for, traders sell the BTC for a higher price in exchange for USDT and then wait til the price drops which they accumulate satoshis. it could be easy to look at it this way and one could think you get to be rich when you master doing this. i do believe so but what you need is also time and patience which not everyone has.



Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: pinggoki on May 07, 2024, 04:40:27 AM
When you accumulate, you only profit bitcoin but when you trade bitcoin, you risk losing your investment because you've got a gut feel that it's the right thing to do and then you're wrong which leads to you losing your money, that's how it's going to be when it comes to trading. Sure there are the chance that you can make your trading profitable but why risk going there if you know it will take you a long time to get there when you can just accumulate and keep a steady and stressless life. It's up to you at the end of the day but choose the hardships that you want to face in your life.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: joeperry on May 07, 2024, 08:58:23 AM
I would consider both as it is my current goal which trading Bitcoin to accumulate more Bitcoin. I actually do just hold Bitcoin but it hits me that what if I start accumulating Bitcoin as the supply is limited and instead of holding my coin without doing nothing, I'll start trading it with the goal of having more Bitcoin. I don't actually care about the prices anymore as I've get used to it a few years back and I'm into long term holding. Though it's not that easy to do it, it helps me increasing my knowledge and experience in trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: khalidkhan82118 on May 07, 2024, 09:41:04 AM
Trading is profitable during bull season and there is no harm in trying as we can't tell ourselves if we are good at this if we never do it.
of course, holding is less risky and also profitable but if you don't have patience, this will never work.

Generally, we can just tell which one suits us after having a try on both of them. For me, I would say trading is a good choice during this time but after this bull season, I will become a holder again. We choose the option where we think we can do well, not because we see people doing this. That is why we should try and let us see the result before deciding as this also depends on our behavior, knowledge, skills, and interest.
Interesting perspective! I'm curious, what factors do you consider when deciding between trading and holding? And how do you determine if you're suited for one over the other?


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: 0t3p0t on May 07, 2024, 10:05:38 AM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: CryptoBuds on May 07, 2024, 10:43:45 AM
Trading is profitable during bull season and there is no harm in trying as we can't tell ourselves if we are good at this if we never do it.
of course, holding is less risky and also profitable but if you don't have patience, this will never work.

Generally, we can just tell which one suits us after having a try on both of them. For me, I would say trading is a good choice during this time but after this bull season, I will become a holder again. We choose the option where we think we can do well, not because we see people doing this. That is why we should try and let us see the result before deciding as this also depends on our behavior, knowledge, skills, and interest.
Interesting perspective! I'm curious, what factors do you consider when deciding between trading and holding? And how do you determine if you're suited for one over the other?

That will depend on you and only you know your own strengths and weaknesses, no one can help you choose a method because no one is in your situation and position. If you have the ability to trade and are confident that you will make a profit from it, why would you ignore it? But if you do not have the knowledge and feel that trading is too difficult for you, you should choose the accumulation and holding method. If you don't know which method is right for you, you should try both in turn and choose which method suits you best.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bravut on May 07, 2024, 11:41:55 AM
Trading is profitable during bull season and there is no harm in trying as we can't tell ourselves if we are good at this if we never do it.
of course, holding is less risky and also profitable but if you don't have patience, this will never work.

Generally, we can just tell which one suits us after having a try on both of them. For me, I would say trading is a good choice during this time but after this bull season, I will become a holder again. We choose the option where we think we can do well, not because we see people doing this. That is why we should try and let us see the result before deciding as this also depends on our behavior, knowledge, skills, and interest.
Interesting perspective! I'm curious, what factors do you consider when deciding between trading and holding? And how do you determine if you're suited for one over the other?

That will depend on you and only you know your own strengths and weaknesses, no one can help you choose a method because no one is in your situation and position. If you have the ability to trade and are confident that you will make a profit from it, why would you ignore it? But if you do not have the knowledge and feel that trading is too difficult for you, you should choose the accumulation and holding method. If you don't know which method is right for you, you should try both in turn and choose which method suits you best.



I doubt trying them both. Accumulation and holding is the best method to be applied in anyone Bitcoin journey. Bitcoin is a valuable asset not just a tradable coin to make profit off. Trading Bitcoin isn't easy as said, it a very volatile market with huge spread, trading such market involves a very tactic knowledge. I guess the later doesn't have any idea about trading by saying trading is only favourable during bull season which is wrong, as a trader you are present to make profit wether in bear or bull by simply buying and selling at intervals.

Accumulating and Holding,applying DCA is good as one won't bother about price movement or become tensed, happy or moody as in the case of trading.  I advise we invest and not trade. It left for you to decide, but choose wisely.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: hd49728 on May 07, 2024, 11:43:17 AM
traders are trading BTC/USDT to accumulate BTC. the stablecoin is what it's used for, traders sell the BTC for a higher price in exchange for USDT and then wait til the price drops which they accumulate satoshis. it could be easy to look at it this way and one could think you get to be rich when you master doing this. i do believe so but what you need is also time and patience which not everyone has.
I agree with you that they tend to do this, trading to increase their portfolio value, to increase their bitcoins but the reality is opposite.

They trade too often and even when Bitcoin volatility is not high and they get familiar with low volatility as their normal standard. With this feeling, when Bitcoin suddenly to rise sharply, they will sell low and buy high. This trading style will cause them loss of their bitcoin and it's not what they intend to do initially.

I would like to say, they should trade less, hold longer.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: kro55 on May 07, 2024, 12:02:21 PM
traders are trading BTC/USDT to accumulate BTC. the stablecoin is what it's used for, traders sell the BTC for a higher price in exchange for USDT and then wait til the price drops which they accumulate satoshis. it could be easy to look at it this way and one could think you get to be rich when you master doing this. i do believe so but what you need is also time and patience which not everyone has.
I agree with you that they tend to do this, trading to increase their portfolio value, to increase their bitcoins but the reality is opposite.

They trade too often and even when Bitcoin volatility is not high and they get familiar with low volatility as their normal standard. With this feeling, when Bitcoin suddenly to rise sharply, they will sell low and buy high. This trading style will cause them loss of their bitcoin and it's not what they intend to do initially.

I would like to say, they should trade less, hold longer.

I think maybe many of us have thought about this and even tried it, and I am one of them. But to be honest, it was not as easy as we thought, and as a result our bitcoins decreased instead of increasing as expected. So I think holding and trying to find income from work sources, and then applying the DCA strategy is the best way to increase the number of bitcoins. Trading is never as easy as we think, if it really was that easy it wouldn't be our turn to do it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Helena Yu on May 07, 2024, 01:24:06 PM
Use pareto principle, it means there are 20% who success while the 80% are mediocre or not success.

Some people becomes successful investors and some people becomes successful traders, but not everyone can be successful on the same thing. To become successful investors you need to have huge funds and able to hold Bitcoin for long term, while trading need to have a good skill about it, not everyone can mastering trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: BABY SHOES on May 07, 2024, 02:10:52 PM
There is nothing to be confused about, if you want to trade and have the skills then doing so can be an advantage for you, but if you do not master it then do not trade then it will make you lose.

Accumulation continues to hold it then that's the best and simple way even ordinary people can do it like myself where I continue to accumulate rather than trading because I don't have better skills especially in futures trading.

So my advice is; continue to accumulate you will never lose if you don't sell halfway down the price, you have to hold HODL until the target price is reached.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Gaza13 on May 07, 2024, 02:21:07 PM
I would consider both as it is my current goal which trading Bitcoin to accumulate more Bitcoin. I actually do just hold Bitcoin but it hits me that what if I start accumulating Bitcoin as the supply is limited and instead of holding my coin without doing nothing, I'll start trading it with the goal of having more Bitcoin. I don't actually care about the prices anymore as I've get used to it a few years back and I'm into long term holding. Though it's not that easy to do it, it helps me increasing my knowledge and experience in trading.
It is not easy for someone to trade bitcoin, You have big balls to do this. I know your loss of assets is huge for this.Let me ask you a little, why don't you keep bitcoins in the long term? And why wouldn't you trade another coin that has strong fundamentals, for a percentage gain that both have a 50-50 chance of? Of course, people's decisions vary when it comes to accumulating their bitcoin assets. Personally, I definitely wouldn't do it like you do, I'd rather collect it. It's not that I don't like trading, I appreciate the money I've earned over the years.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Adbitco on May 07, 2024, 02:45:45 PM
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
Have you tried to know their real intention toward this space?
many with different view on how they sees bitcoin while there are people who came here to source for all necessary information on how to succeed for long run while holding bitcoin. There are people who had this mind of buying and selling bitcoin just for profit maximization and utilization because holding could seems a waste of time for them since they can't hodl for long period of time rather they could decides to sell and buy with this that can keep their profits running at all time. While there are people who thought that trading bitcoin is waste of resources rather they would choose to hold for long time not just that but for decades because they knows the benefits they could derived after holding for that long than just keep selling and selling and buying and selling.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
You are absolutely correct my mate
Just imagine someone starting a trading with $10k and someone also starting investment with same $10k what would be their results if it happens that trading is not a professional for that case? This shows that the investor won't lose any money except something very unusual happens to bitcoin which could like caused the price of bitcoin to dropped above what they invested, and for the trading he already at lost because they had already traded with some percentage probably losing about 2k from the trading while the holder just have his complete digits in bitcoin, whenever the prices bounces back he gets back his money and also makes more profits for holdings.

Only 10% of traders make profit from trading, the rest always run at loss in the market.
I'm not sure you really know what percentage of traders are able to make a profit from trading. Do you have data about that?
I think he is speaking based on his personal view and experience so far, there most be a data for him to prove is right or correct. You know most people especially new trader always think trading is that easy and lot of them has been failing in trading if they don't apply the right strategies to succeed in trading. Initially i was also putting interest in trading but when i looked at the stress and time consuming it's i decided to overlook that way and focused on holding because is more stressful some times you could lose very hard although was combining with shitcoin when list on some exchange and I have leant my lesson never to focused much on altcoin trading since its very much volatile.

Some people feel like holding bitcoin is really a waste of time due to how they feel that they can really make a fortune if they trade it, which many do, but a lot of people have lost their investment due to the wrong timing on the bitcoin market. It's highly volatile nature makes it more risky and harder for its movement to be predicted.
At first they need to know what they are doing because most people are so confused of their lives because whenever they hears someone talking about trading they feels is so common to handle without knowing it requires more technicalities to succeed in trading for long run. So the best option is to hold for long term, although they can trade if they think profiting is very much easy while they keep trading but could be bad to fool oneself after knowing that they aren't succeeding as they trade.
 


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: kotajikikox on May 07, 2024, 03:01:06 PM
To become successful investors you need to have huge funds and able to hold Bitcoin for long term, while trading need to have a good skill about it, not everyone can mastering trading.

Not everyone has the ability to invest huge funds into crypto but this does not mean that they should end their journey here. I think one of the most important skills in life is being able to make the most out of nothing. Making more money when you started with not much is something impressive and I believe a characteristic a lot of us investors has to have.

When you have this characteristic, I believe that you can learn trading swiftly as possible.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Assface16678 on May 07, 2024, 03:04:28 PM
traders are trading BTC/USDT to accumulate BTC. the stablecoin is what it's used for, traders sell the BTC for a higher price in exchange for USDT and then wait til the price drops which they accumulate satoshis. it could be easy to look at it this way and one could think you get to be rich when you master doing this. i do believe so but what you need is also time and patience which not everyone has.
I agree with you that they tend to do this, trading to increase their portfolio value, to increase their bitcoins but the reality is opposite.

They trade too often and even when Bitcoin volatility is not high and they get familiar with low volatility as their normal standard. With this feeling, when Bitcoin suddenly to rise sharply, they will sell low and buy high. This trading style will cause them loss of their bitcoin and it's not what they intend to do initially.

I would like to say, they should trade less, hold longer.

I think maybe many of us have thought about this and even tried it, and I am one of them. But to be honest, it was not as easy as we thought, and as a result our bitcoins decreased instead of increasing as expected. So I think holding and trying to find income from work sources, and then applying the DCA strategy is the best way to increase the number of bitcoins. Trading is never as easy as we think, if it really was that easy it wouldn't be our turn to do it.
Lets make it simple, trading is not for everyone and for someone who cant utilize trading or maximize the earning for trading then its better to focus on holding bitcoin and yes it can be done using the method of DCA which is even the price of bitcoin right now is so high you can still own a fraction of it and earn by holding it either long or short term but its more practical to hold it for long term so that you could maximize the potential profit, because its more less risky of losing money in holding than trading because it will require a lot of patience, knowledge and of course experience so if you want to truly earn with ease in bitcoin then its better to consider doing DCA, even now I still do DCA but sometimes does trading but day trade only, because I experience doing scalping and its a hassle trully.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Gladitorcomeback on May 07, 2024, 04:16:34 PM
Some people becomes successful investors and some people becomes successful traders, but not everyone can be successful on the same thing. To become successful investors you need to have huge funds and able to hold Bitcoin for long term, while trading need to have a good skill about it, not everyone can mastering trading.

Though you are right about the success and failure rate, I believe anyone can learn to trade as long as they have an interest in trading because it isn't rocket science, and if a person is literate and generally understands things that are used in trading such as charts, candlesticks, prices, etc., they can learn to trade. All it needs from them is dedication and determination to learn and they can make it for sure, for some, it might take more time and for others, it will take less.

Some people think that those who make investments don't need any knowledge about the market but that isn't true. Even if you are making investment and willing to buy and hold, you still need to understand the market and know the movements of the coin you are investing your money in.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: rodskee on May 08, 2024, 06:41:00 AM
Unless you consider yourself a good trader, I would stick to accumulating ;)
Even people who consider themselves as good traders can still not predict the market 100%, the market can still play tricks on them and they'll end up gambling away their money.
lol no one can rpedict the market completely that is why we are calling that prediction and
also speculation because we are just estimating what will come and what will be the price of each
coins we tend to invest.


Quote
When it comes to Bitcoin investment, then the best approach has always been BUY and HODL,  because you can only reap the actual benefits of Bitcoin when you look at it as a long-term investment and you target the long-term profits, and trading is definitely not looking at the long-term potentials of bitcoin.

bitcoin is a slow moving product and we cannot expect an speed of a light increase like
what shitcoin do sometimes so better know where and what you are investing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Betwrong on May 08, 2024, 07:25:06 AM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Trading is not a kids' game. Well, it could be if your trading volume was below $5 per day, but that's rarely the case. So, it's a risky business and extremely complicated one. Those who think it's easy they just lose their money fast. If you are not a professional trader, you shouldn't even ask yourself that question. Accumulate and hold is your best option. Besides, look at the past 12 years and answer the question, who have done better, those who've been trading or those who've been holding all this time?


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Ever-young on May 08, 2024, 12:23:21 PM
Unless you consider yourself a good trader, I would stick to accumulating ;)
Even people who consider themselves as good traders can still not predict the market 100%, the market can still play tricks on them and they'll end up gambling away their money.
lol no one can rpedict the market completely that is why we are calling that prediction and
also speculation because we are just estimating what will come and what will be the price of each
coins we tend to invest.
You're right.
The unpredictability of the Bitcoin market is what makes it quite interesting, and everyday people are developing new techniques to enable investors navigate around the market while minimizing the risk of losses and maximizing the potential for profitability.
It's not really easy doing this because the market is very volatile and trends can change at any time, you can be studying and monitoring a particular trend for a long time only for it to change almost immediately rendering your research currently invalid, until the market decides to take the same trend again.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: retreat on May 08, 2024, 12:58:55 PM
Whether you want to accumulate Bitcoin or trade Bitcoin, both are equally good, because it depends on the individual, they can choose which one is most appropriate for them. If they prefer to play it safe on Bitcoin investments, then they can accumulate Bitcoins until their goal is achieved, but that will usually depend on how much money they allocate. However, if they want to earn more, then they can choose to trade Bitcoin, but it will come with risks and one needs to understand technical or fundamental analysis. Or one can choose both - they accumulate Bitcoins and trade some of them.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Questat on May 08, 2024, 01:06:12 PM
To become successful investors you need to have huge funds and able to hold Bitcoin for long term, while trading need to have a good skill about it, not everyone can mastering trading.

Not everyone has the ability to invest huge funds into crypto but this does not mean that they should end their journey here. I think one of the most important skills in life is being able to make the most out of nothing. Making more money when you started with not much is something impressive and I believe a characteristic a lot of us investors has to have.

When you have this characteristic, I believe that you can learn trading swiftly as possible.
Well, I see money is a reasonable reason to become successful in investing as it indeed needs money, and having a huge amount is somewhat advantageous compared to small capital. But this is not the main reason, it is also our knowledge acquired and investment strategies.

Where both trading and investing need money, it is very important to feel which one we are at best and we are certain that we can do it well. Many people try trading and still fail, it is the same as investing. That is why knowing our interests is important in order to decide what option we take first.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Nrcewker on May 08, 2024, 01:10:24 PM
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Ale88 on May 08, 2024, 04:59:24 PM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me.
Guys, almost nobody is a "professional trader", there is a reason if 90% of the people doing trading loses money. Let's just take a look at the big hedge funds, they're supposed to have the best traders, the best tools, the best info, and yet normally a passive strategy obtains better results. Making money or living off trading is something that almost nobody can do. I prefer to keep things simple, DCA is the safest way if you're in for the long run.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: harapan on May 08, 2024, 06:12:32 PM
Trading bitcoin and accumulating bitcoin is not the same thing,and they good options if you're comfortable with taking risks and either of them can fall as your preferred choice.Crypto trading and crypto hodling will never be the same,so learn the difference that exist them and operate with the guide you suits your investment plan.

If you intend to commit to both investment strategies,then its also a good choice.Trading bitcoin is no child's play,using bitcoin in particular is also not for the weak and unintelligent beings.So long as you have knowledge towards your investment goal and you're taking the appropriate steps,precautions,implementing the required ideas over your decisions,you'll mostly not go contrary to your plans.Either ways,choose wisely!


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GbitG on May 08, 2024, 10:42:43 PM
Hmm, good to discuss it more 😃
In my opinion, if a person understands technical Analysis from the trading point of view and has a full understanding of all these aspects, it is an essential stance for trading. So I think that there is no problem for him to trade or accumulate Bitcoin Bitcoin. Well Now from another perspective, I think that if a person is not a pro trader, then trading in altcoin will be best for him while in the Bitcoin There is only one best strategy and that is DCA, which is the best idea and act to accumulate Bitcoin compared to trading in Bitcoin if you don't have too much experience in Trading. The rest of my opinion is not final, all members should do their own research and take a decision accordingly.

DYOR!


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: freedomgo on May 08, 2024, 10:56:01 PM
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Reality is, both are actually future wise especially if you know what you are doing. Whether it’s bitcoin accumulation or trading, as long as you did it at the right time, it will always be highly profitable in the long run. But I must say for beginners, don’t rush into trading if you know you still lack the knowledge and understanding because that would mean more risky in your part. Do it later on when you think you’re capable enough, not just to overcome the risk, but to make a guarantee as well that you can somehow make some profits. For now, focus on accumulating first until you earned a good amount.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bananington on May 08, 2024, 11:07:18 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
First of all I do not think that you are sure that a lot of people's confusion on bitcoin is whether to trade it or not. There are other confusing things about bitcoins, There are many people who are confused about how to accumulate bitcoins, when to accumulate bitcoins and why to accumulates bitcoins.

 The concept of the how, when and why are still not understood, so accumulating bitcoins is still a vague exercise for them.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Yukyzu on May 09, 2024, 12:47:44 AM
Whether you want to accumulate Bitcoin or trade Bitcoin, both are equally good, because it depends on the individual, they can choose which one is most appropriate for them. If they prefer to play it safe on Bitcoin investments, then they can accumulate Bitcoins until their goal is achieved, but that will usually depend on how much money they allocate. However, if they want to earn more, then they can choose to trade Bitcoin, but it will come with risks and one needs to understand technical or fundamental analysis. Or one can choose both - they accumulate Bitcoins and trade some of them.
You are right, in this case it will really depend on a person's personality in facing risks both in investing and in trading, because both of these things of course have advantages if we can do them well, when someone chooses to invest of course they don't want to busy themselves With market conditions, all they need to do is continue to collect Bitcoin according to their ability and hold it for a long period of time to achieve their investment targets.

If someone can do these two things, of course this will be very profitable for them, because they can gain profits from the trading they do and also investments, but to trade Bitcoin we must be able to do a good analysis so that we don't regret it when we sell the Bitcoin we have.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: spectre71 on May 09, 2024, 01:11:46 AM
Both.

One must write a business plan first then stick to it. Remove emotion from the equation.

Just like gambling people get wrapped up in emotions and make the exact same crappy decisions.


Just like Chris Rock says "there is no sex in the champagne room"


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: AVE5 on May 09, 2024, 01:50:39 AM
It's sealed that bitcoin is the first and most largest ever adopted in the Crypto and has never been contempted with the AltCoins in any ways. Then and now, bitcoin has taken shape and has been leading in the crypto markets.

I understand you're trying to give reasonable reasons that can be more productive for new invertors to achieve greater height of incomes and that definitely makes it good not to be so much in a haste to sell your coins when you're not in need of the funds yet or with the interest that the market has increased where you've met profits.
It's better of accumulating more and holding for a longer time because in bitcoin is the more longer you hold is the more profits we could make but nevertheless, let's not gamble excessively. So let's sell when we  feel it's necessarily needed and be aware that bitcoin is a volatile currency which means it can fall today and increase tomorrow as much as increasing tomorrow but falls at the next.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: CryptopreneurBrainboss on May 09, 2024, 03:57:46 AM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

Accumulation is better and that is what every one that has your best interests at hand will tell you, trading isn't as successful as it seems. Trading is not what everyone should be doing especially those that don't have a trading background before coming to this industry. Don't think you can always outsmart the market because you can't. You'll lose when trading and sometimes this might be everything that you have as you won't be able to control your emotions and be practicing revenge trading to win back your earlier losses. Trading puts your Bitcoin at risk but hodling doesn't which makes it better because when hodling what's important is how well you store your Bitcoin and keep your private key safe as well and off the reach of hackers/scammers.

Quote
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

There are actually big time traders that are killing it in the market and we'll always have new traders that will be successful but a majority aren't so you shouldn't think that the industry is very lucrative. For every one winner there are countless others that are losing but they won't come on social media to make announcement of their lost but only when they profit to draw attention to themselves. Accumulate bitcoin through dollars cost average and you will eventually get to the numbers of Bitcoin that you want to hodl and make profits without the stress of trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Cryptoprincess101 on May 09, 2024, 04:12:45 AM
Unless you consider yourself a good trader, I would stick to accumulating ;)

There is no good trader anywhere even though they make profits most of the time but some times they run into serious losses and recovers again and keep on trading. Basically trading is a game of emotions and if your emotions is not that strong never enter into trading at all so that you don't get severe heart injury as a result from shock you could experience sometimes why trading and you encountered losses. Buy, accumulate and Hodl Bitcoin and be free without having to make checks at every intervals waiting for or using signals of which some are even misleading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Iranus on May 09, 2024, 05:43:19 AM
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort.
For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: MarissaLopez on May 09, 2024, 12:46:13 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


From what have seen so far and little experience have gotten in Bitcoin I think accumulating Bitcoin is the best thing anyone could do to be on a safer end instead of trading it.

Usually trading Bitcoin come with a lot of disadvantages as it needs thorough check and watch over it while it grows cause once you get your eyes off it you might have a loss and you know what that means.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bravut on May 10, 2024, 01:21:56 AM
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me.
Guys, almost nobody is a "professional trader", there is a reason if 90% of the people doing trading loses money. Let's just take a look at the big hedge funds, they're supposed to have the best traders, the best tools, the best info, and yet normally a passive strategy obtains better results. Making money or living off trading is something that almost nobody can do. I prefer to keep things simple, DCA is the safest way if you're in for the long run.


 I disagree with you Mate. There are professional not just professional but, professional profitable Traders who live and finance there daily needs through trading, discard such mentality mate and your fact of 90%. Hedge funds run on a different system as they profit meeting up there set yearly goals, don’t give a point about what you don’t know and I doubt you understand anything about Trading.

Trading isn’t a sustainable approach to Bitcoin as it would yield no good results apart from you profiting off your trades whereas Accumulating and Holding with a plan yields good results as you build a Bitcoin portfolio overtime and your value keep increasing. I don’t see any need to trade bitcoin when you can accumulate and have your own Bitcoin with same money you wanna risk in trading.

Bitcoin is a valuable asset not a Tradable coin to make profit off.

Many were trading Bitcoin while others were accumulating more, the Holders are smiling because value increase and is increasing.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bitzizzix on May 10, 2024, 01:53:57 AM
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort.
For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
Of course, to become a successful trader you must have skills and talents that support you in order to make a profit, trading activity is not an easy thing and even if you have been doing it for years and have sufficient experience and knowledge about trading. However, if you were not born with talent or ability in the field of trading, you will not be able to achieve satisfactory profits. Indeed, experience and knowledge can help you become a better trader, but this is not certain or there is no guarantee that you will get consistent profits.
Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Strongkored on May 10, 2024, 06:44:59 AM
Long-term holders make bigger profits than traders because that's what I experienced a few years ago, trading daily making around $200-$300/day for 30 days on the BTC-Altcoin pair when BTC was bullish which Altcoin gained influence because of that but slowly the market started bearish and have to cut losses, and if I save capital at that time around 1=1.5 Bitcoin then the profit is more attractive in the long term, isn't it?, unfortunately more people like daily profits rather than patiently waiting for years before enjoying the results of the increase in Bitcoin prices, and if someone has known Bitcoin for more than 10 years but still chooses to trade, it could be because he can make money from it because many traders cannot survive in trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Ben Barubal on May 10, 2024, 10:35:36 AM
     If you have extensive knowledge of trading, it is better to trade bitcoin because every time you make a profit in bitcoin in the short-term, you can still accumulate bitcoin without having to buy bitcoin. Little by little. Apparently, every day you will be able to accumulate because of the compounding you will do with Bitcoin.

     But if your knowledge of crypto trading is low, it is better to accumulate it little by little until you reach your target amount to accumulate in Bitcoin.
This is the best thing you can do I guess.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Kelvinid on May 10, 2024, 12:24:35 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Iranus on May 10, 2024, 12:28:52 PM
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort.
For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
Of course, to become a successful trader you must have skills and talents that support you in order to make a profit, trading activity is not an easy thing and even if you have been doing it for years and have sufficient experience and knowledge about trading. However, if you were not born with talent or ability in the field of trading, you will not be able to achieve satisfactory profits. Indeed, experience and knowledge can help you become a better trader, but this is not certain or there is no guarantee that you will get consistent profits.
Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with.

I am not against it or saying that trading is bad because each person has different abilities and talents. And I agree with the OP that, between choosing to trade or accumulate bitcoin, which is the better path to help us succeed and become rich, I would choose to hold. Let's look at reality and what has been happening, we have many millionaires and billionaires investing in bitcoin but most of them are long-term holders. Very few people can become rich through trading, and we regularly hear about billions of dollars being liquidated every time bitcoin is volatile. That shows that trading is not easy.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Catenaccio on May 10, 2024, 12:30:53 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.

The bottom line for biggest difference and challenge between trading and investing is psychology.

With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: RockBell on May 10, 2024, 12:44:33 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Holding is much better than trading and brings larger profits than trading and the only thing you do in trading is just for you to buy and hold and when the price is high then you sell but trading involves a lot of principles and it needs you to be more consistency but holding there are no much activities to do around but with trading, you have to always rely on analysis even if they will fail and that is one of the risks a trader should be ready to take.  but why some people trade is that they can not wait for a long time when it comes to making a profit because holding can take longer than we expected.

And everyone would have to know which one they belong to if it is holding off they will trade, you can not force anyone to trade but if it is a newbie I think it will be better for them to hold if they have capital to buy.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Blitzboy on May 10, 2024, 12:47:18 PM
Bitcoin isnt playing around; it wants to change the way money and power work for good. Keeping Bitcoin is the smart move for the long run. Take a look at the early birds; they're sitting pretty. That "Wow" moment when you understand what this thing can turn into. However, smart money knows all the ways to play it. Its not a bad thing to trade Bitcoin, folks. Its about getting a handle on this crazy, wild market and using that energy to make money. When you make more money, you get more Bitcoin. You're not just sitting there and hope that it goes up. As the price changes, you use them to add to your stack. Thats way ahead of the game in this new money world.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Zoomic on May 10, 2024, 01:08:30 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.

The bottom line for biggest difference and challenge between trading and investing is psychology.

With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.

The fact that people get to think alot and worry about their Bitcoin investment and the best strategy to follow is the main reason they prefer to just hold for a long time instead of trading. Trading is very profitable when done professionally but it involves lots of mentally stress which might generate into a serious health issue if not handled moderately. Holding is not without its own challenges either. A lot of investors take their psychological capacity for granted, many do not even know what is good or bad for their mental health
 Whoever wishes to invest in Bitcoin should weigh the two options and go for the one that is within his capacity.  Investment in Bitcoin is only profitable when you know what you are doing, otherwise you will lose all your capital and even lose yourself in the process.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Fiasem20 on May 10, 2024, 01:25:02 PM
Accumulating bitcoin and holding unto it till the bull run is more wise to do as the risk and activity is low compared to trading.On the other hand it doesn't mean that trading isn't a wise choice to make but the risk of losses is more than that of investing.Accumulating bitcoin and holding for long term is the best thing to do as the ROI is more profitable than trading.Accumulating BTC and holding take some years as it expected by holders that the price will increase but traders excepts their profit on a short term (Quick profit).


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: stadus on May 10, 2024, 03:08:36 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own.   Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough.

However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: legendbtc on May 10, 2024, 04:09:11 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own.   Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough.

However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.

Yes, holding and trading are the two most popular methods when investing in bitcoin to make profits. And which method we choose will depend on each investor's preferences, but we need to admit one thing. We have seen many people succeed as holders, but it is rare to see someone succeed as a full-time trader. Likewise, even large investment funds, institutions and companies are investing in bitcoin by accumulating and holding. I don't see any of them liking day trading to make profit from it. It can be seen that holding is a better and safer choice, so I think we should prioritize holding over trading because it is safer and more suitable for most people.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GigaBit on May 10, 2024, 06:10:21 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own.   Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough.

However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.

Yes, holding and trading are the two most popular methods when investing in bitcoin to make profits. And which method we choose will depend on each investor's preferences, but we need to admit one thing. We have seen many people succeed as holders, but it is rare to see someone succeed as a full-time trader. Likewise, even large investment funds, institutions and companies are investing in bitcoin by accumulating and holding. I don't see any of them liking day trading to make profit from it. It can be seen that holding is a better and safer choice, so I think we should prioritize holding over trading because it is safer and more suitable for most people.
I agree with your opinion. To make profit by trading is definitely difficult which is not always possible for ordinary people. I have seen some traders who trade but they make a lot of losses along with there profits. But becoming a holder is relatively easy if they dream of holding assets for a long time. While a trader has to rely on various information all the time, a holder gets to be completely tension free there. There are quite a few differences between holding and trading Bitcoin. A trader's cash comes with risk. Before taking each trade, the trader needs to know about the timing and various aspects of the market before taking the trade. But a holder is risk free compared to a trader. Holding usually indicates a long period of time that is why anyone has a good advantage of holding. As you said all the big institutional investors value only holdings.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GideonGono on May 10, 2024, 08:24:10 PM
It all depends on how skill you are, if you could earn more by trading it then it would just be a waste to just hold it.
But if you couldn't trade then it would just lead to loss instead of gaining, so as a crypto earner you should also evaluate yourself, which move would be the best for you.
You should remember that trading is not for everyone it needs skill and experience, you should be prepared to lose in order to gain knowledge and experience on it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Raflesia on May 10, 2024, 08:50:20 PM
It depends on your readiness in research, financial management, risk management and of course your mentality because seeing from what happened when talking about trading and investing both can still be done depending on where your interests are but in the end things like that will also be a little complicated if indeed you do not understand what to do because of the lack of knowledge you have, limited money and you do not know the risks that will be faced.

Ideally if you are a beginner then indeed investing is a fairly logical choice to make because at least although the risk is definitely there but it is not as big as when you are in trading and actually there is an important thing that must be known when talking about the choice of landlord or investor for beginners is that they must first understand what trading is and what investment is and learn more before finally deciding where you will be.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Maslate on May 10, 2024, 09:13:24 PM
Bitcoin isnt playing around; it wants to change the way money and power work for good. Keeping Bitcoin is the smart move for the long run. Take a look at the early birds; they're sitting pretty. That "Wow" moment when you understand what this thing can turn into. However, smart money knows all the ways to play it. Its not a bad thing to trade Bitcoin, folks. Its about getting a handle on this crazy, wild market and using that energy to make money. When you make more money, you get more Bitcoin. You're not just sitting there and hope that it goes up. As the price changes, you use them to add to your stack. Thats way ahead of the game in this new money world.
In short, keeping bitcoin like 5-10 years will always be highly profitable, and trading at your own risk isn’t bad at all. That way, at least you have some stored bitcoin that you can benefit for a brighter future, and if you have developed skills and proven strategies that may work in trading, you can also spare some time in trading because that could also be your asset in making more money aside from hodling bitcoins alone.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: AmoreJaz on May 10, 2024, 09:31:30 PM
Bitcoin isnt playing around; it wants to change the way money and power work for good. Keeping Bitcoin is the smart move for the long run. Take a look at the early birds; they're sitting pretty. That "Wow" moment when you understand what this thing can turn into. However, smart money knows all the ways to play it. Its not a bad thing to trade Bitcoin, folks. Its about getting a handle on this crazy, wild market and using that energy to make money. When you make more money, you get more Bitcoin. You're not just sitting there and hope that it goes up. As the price changes, you use them to add to your stack. Thats way ahead of the game in this new money world.
In short, keeping bitcoin like 5-10 years will always be highly profitable, and trading at your own risk isn’t bad at all. That way, at least you have some stored bitcoin that you can benefit for a brighter future, and if you have developed skills and proven strategies that may work in trading, you can also spare some time in trading because that could also be your asset in making more money aside from hodling bitcoins alone.

In short, the strategy depends on your skills and capability, whether you will just hold long term or venture the world of trading. Also, do take note that it is hard to hold if you have other expenses to consider. You need back-up financial resources, don't rely 100% about your bitcoin investments. As we have no idea what will gonna happen to this market in the future, you need to look out for contingencies and alternative plans.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: martinex on May 11, 2024, 05:21:21 AM
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.

That's definitely OP. Just keep it short, What we pursue from this investment is certainly not looking for losses, but how it will be worth in the future, meaning that our profits are doubled in value and it is created with effort and patience.

So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Yes. It fits perfectly because whatever the story is, it is an investment in the game of time, but it is most effective and short, unlike traditional assets in general. Indeed, in terms of investing in BTC, of course, there are always variations, there are those who like short-term trading with dipping sauce moves and long-term survival.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: legendbtc on May 11, 2024, 10:53:57 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.

So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own.   Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough.

However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.

Yes, holding and trading are the two most popular methods when investing in bitcoin to make profits. And which method we choose will depend on each investor's preferences, but we need to admit one thing. We have seen many people succeed as holders, but it is rare to see someone succeed as a full-time trader. Likewise, even large investment funds, institutions and companies are investing in bitcoin by accumulating and holding. I don't see any of them liking day trading to make profit from it. It can be seen that holding is a better and safer choice, so I think we should prioritize holding over trading because it is safer and more suitable for most people.
I agree with your opinion. To make profit by trading is definitely difficult which is not always possible for ordinary people. I have seen some traders who trade but they make a lot of losses along with there profits. But becoming a holder is relatively easy if they dream of holding assets for a long time. While a trader has to rely on various information all the time, a holder gets to be completely tension free there. There are quite a few differences between holding and trading Bitcoin. A trader's cash comes with risk. Before taking each trade, the trader needs to know about the timing and various aspects of the market before taking the trade. But a holder is risk free compared to a trader. Holding usually indicates a long period of time that is why anyone has a good advantage of holding. As you said all the big institutional investors value only holdings.

To be fair, it cannot be denied that there are also some people who are making very good profits through trading and should not completely boycott trading. But why do we choose a path full of difficulties and challenges when we can choose a much easier path? Holding onto bitcoin until it becomes profitable is not a road without bumps and challenges, but it is certainly a lot easier than trading. We should be wise and make choices that benefit ourselves instead of making ourselves more tired with trading.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: jrrsparkles on May 11, 2024, 05:48:00 PM
A poll would have given a clear result about what people think between these two.

HODL is the best and less risky for long terms and since the time frame that you are trying to invest is 10 years which is very good period to make results in the returns by doing nothing other than simply holding your bitcoin in your own custody.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Betwrong on May 14, 2024, 11:16:24 AM
Both.

One must write a business plan first then stick to it. Remove emotion from the equation.

Just like gambling people get wrapped up in emotions and make the exact same crappy decisions.
~

Even if someone is not an expert in technical analysis, he/she can trade and earn some money from it. By chance, I mean. So, trading should be treated as gambling in that case. So, don't put at risk a bigger amount than you can afford to lose and trade how much you want. Enjoy the process, learn something from it, but don't try to make money with it because you can end up with losing a lot because of your high stakes. Accumulating Bitcoin, on the other hand, never hurts.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: hd49728 on May 14, 2024, 11:24:53 AM
Even if someone is not an expert in technical analysis, he/she can trade and earn some money from it. By chance, I mean. So, trading should be treated as gambling in that case. So, don't put at risk a bigger amount than you can afford to lose and trade how much you want. Enjoy the process, learn something from it, but don't try to make money with it because you can end up with losing a lot because of your high stakes. Accumulating Bitcoin, on the other hand, never hurts.
Trading is risky but everyone can have profit or loss with some trades. Difference between an amateur and a professional trader is in long term of trading. An amateur trader who relies completely on luck factor can not get profit in the long term. The professional trader can get positive net profit in long term of trading because he is very knowledgeable, experienced and disciplined with entry and exit.

Amateur or professional trader, the vital thing to do with trading is to use Stop Loss order or Stop Limit order, to avoid terrible uncontrollable loss with market crash.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: NewRanger on May 14, 2024, 03:05:50 PM
Trading is risky but everyone can have profit or loss with some trades. Difference between an amateur and a professional trader is in long term of trading. An amateur trader who relies completely on luck factor can not get profit in the long term. The professional trader can get positive net profit in long term of trading because he is very knowledgeable, experienced and disciplined with entry and exit.

Amateur or professional trader, the vital thing to do with trading is to use Stop Loss order or Stop Limit order, to avoid terrible uncontrollable loss with market crash.

Regarding proficiency, of course, each person is different and certainly, as we see, who is always a winner is one who is patient and lasts long-term. If we want to get the best price, wait until the halving is over, while all coins are discarded based on previous history and it is real, and in this condition only large coins and projects that have useful products can survive in the market, in addition to using Stop Loss or Stop Limit orders, investors or traders also prefer to hold fiat and transfer their assets before the price drops sharply.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: EarnOnVictor on May 14, 2024, 03:38:42 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
First, let me warn that we should not because of the miss of the past push ourselves into danger, it's not worth it. This is the danger in FOMO at times, so be well-advised.

Secondly, it is not appropriate to have too much belief in anything no matter how much you love that thing, or at least believe/pretend you love it, we should use our right senses to avoid later issues. By now, many people believed that Bitcoin would have hit $100,000 judging by how it performed since last year, but the reality is different today. This is why we should rather think and not be moved by our emotions. What if after your retirement you see the price of Bitcoin at $37,000 while you bought it at $65,000? Be wise!

What I know of Bitcoin is that at present, it is not fitting for what you can save your life upon, and you will be doing yourself a whole lot of favour if you diversify your portfolio even if you invest in Bitcoin as well. You might just commit about 20% of your investment to it, instead of committing everything which could affect your life later. For once let's just forget the sentiment and hype surrounding Bitcoin and let us think of the uncertainty in the future. Bitcoin still needs to pass the test of time, it is too young for now. Also, do not use past success to judge the future, those who are happy about Bitcoin now took a high risk when the price was so low, and I can say they gambled as well. The fact that their risk/gamble earned well for them is not an indication of future replication of the success, anything adverse could still happen. Needless to say, the price is too high now, and you might even experience your investment floating in the long run.

Finally, for the investment and trading, it's your choice. Invest if you are not a good trader, but trade if you are a good trader. Or do both.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bravut on May 14, 2024, 08:07:09 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.

The bottom line for biggest difference and challenge between trading and investing is psychology.

With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.

I doubt what psychology has to do with, Trading or investing or relate to this topic. I greatly disagree trading to be the means how anyone should take Bitcoin for, if you're a good trader no offense you can scale up but the right approach is accumulating as much so as to have your own Bitcoin and not just trading it.

Accumulate, hold and keep investing in Bitcoin. Newbies, beginners thks safeguards you from unnecessary panics about price movement, Trading gonna fuck your ass if you are not skillful enough.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Finestream on May 14, 2024, 09:29:41 PM
Bitcoin isnt playing around; it wants to change the way money and power work for good. Keeping Bitcoin is the smart move for the long run. Take a look at the early birds; they're sitting pretty. That "Wow" moment when you understand what this thing can turn into. However, smart money knows all the ways to play it. Its not a bad thing to trade Bitcoin, folks. Its about getting a handle on this crazy, wild market and using that energy to make money. When you make more money, you get more Bitcoin. You're not just sitting there and hope that it goes up. As the price changes, you use them to add to your stack. Thats way ahead of the game in this new money world.
In short, don’t just invest and hold, but know how to trade wisely as well. That would be the perfect strategies to maximize your bitcoin accumulation in the long run. However, trading is not easy most particularly for newbies in the market. That requires long term planning and preparation. That is the reason why majority settle only to buying and hodling, and just trade only when they are ready and confident enough, that’s the only way so they can limit their losses and still grow their profits in time.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bitterguy28 on May 15, 2024, 04:39:56 AM
Both.

One must write a business plan first then stick to it. Remove emotion from the equation.

Just like gambling people get wrapped up in emotions and make the exact same crappy decisions.


Just like Chris Rock says "there is no sex in the champagne room"
Emotion mostly changing our ways in dealing with things this is why it must not work when we are doing  for something specially from dealing with crypto because this is a place where so much risk is at stake.


_________________________________________________

But for me it is still HOLDING that matters and yeah i this is what I am doing for how many years now.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bitco55 on May 15, 2024, 05:55:24 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many bitcoins as possible and hold on to it.


I read somewhere on the forum today, " Wealth isn't money, it is value". Now, the thing is trading is making money, while holding or accumulating Bitcoin is making wealth. Trading gives you momentary funds, and hodling saves your future. You know what's funny, at the end of the day we all trade Bitcoin, cause after holding for so long, you can't get your value, and your wealth without trading or selling it off to someone. But that's not the point. The point is, if you want more you should accumulate. It's not that difficult, it's just like saving for the future in the bank, yeah?

So, any day, anytime, I would pick accumulating Bitcoin. Trading doesn't hold much significance, unless when I buy more to accumulate more.. lol :D


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Kelvinid on May 16, 2024, 10:32:55 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.

The bottom line for biggest difference and challenge between trading and investing is psychology.

With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.

I doubt what psychology has to do with, Trading or investing or relate to this topic. I greatly disagree trading to be the means how anyone should take Bitcoin for, if you're a good trader no offense you can scale up but the right approach is accumulating as much so as to have your own Bitcoin and not just trading it.

Accumulate, hold and keep investing in Bitcoin. Newbies, beginners thks safeguards you from unnecessary panics about price movement, Trading gonna fuck your ass if you are not skillful enough.
Because a wise person choose the option where they can guarantee profit, even it was not 100% but at least a higher percentage. Indeed, this does not involve psychology as people will choose where they can profit more and surely will choose the option that is less risky. If we are not a good trader, we are certain that we don't choose to trade, the same thing happens to investing. Especially for newbies, they should have to think about their capabilities, not just thinking about their money/capital as it never works that easily, it needs good knowledge.



Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Baki202 on May 16, 2024, 12:45:25 PM
It depends on your readiness in research, financial management, risk management and of course your mentality because seeing from what happened when talking about trading and investing both can still be done depending on where your interests are but in the end things like that will also be a little complicated if indeed you do not understand what to do because of the lack of knowledge you have, limited money and you do not know the risks that will be faced.

What qualities are needed in order to be able to function well? There is no way you can function well without having these qualities, doing research and knowing what's going on in the market are very important. choosing what you want to do. if you hold, it is also good, so the decision of what you want to do will also depend on the amount of money you have to support your investment. And that is the reason why seeking knowledge first is very important, because without understanding, the market will drown you and you will lose money and interest, and you blame bitcoin for its success.

Ideally if you are a beginner then indeed investing is a fairly logical choice to make because at least although the risk is definitely there but it is not as big as when you are in trading and actually there is an important thing that must be known when talking about the choice of landlord or investor for beginners is that they must first understand what trading is and what investment is and learn more before finally deciding where you will be.

Indeed, you are a first-timer in the business. Most people will want to just buy and hold and others like me will just want to go with trading but not everyone wants to pay the price of learning. even in trading, you can manage your risk. Having an idea of how both work is the best and the majority of people will still want to go for holding since it has less risk and less work compared to trading, where you have to read the candle movement, so that is a lot of work and that is what a lot of people are avoiding.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Gaza13 on May 16, 2024, 02:04:51 PM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
First of all I do not think that you are sure that a lot of people's confusion on bitcoin is whether to trade it or not. There are other confusing things about bitcoins, There are many people who are confused about how to accumulate bitcoins, when to accumulate bitcoins and why to accumulates bitcoins.

 The concept of the how, when and why are still not understood, so accumulating bitcoins is still a vague exercise for them.
Yes, before investing, beginners usually have to learn first what Bitcoin, trading, etc. are, and what types of risks are involved in them. If you already know the types of risks, then you can make your own choice, which one is more appropriate or suitable for you. If beginners are stable and confident about this one asset from their learning process, they don't have to be confused about how they obtain or accumulate their assets. The dca technique is suitable for all investors.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Catenaccio on May 16, 2024, 02:10:14 PM
Because a wise person choose the option where they can guarantee profit, even it was not 100% but at least a higher percentage.
The market does not care you are wise or stupid and it moves in a way it moves and how whales want to manipulate the market direction. They all don't care about any single investor or trader like you and me.

An experienced investor or trader will always have plan B, plan C to cut loss, exit the market, and wait for a second or third chance. There is no guarantee to gain profit in any market and you must be responsible of controlling risk and reduce loss for your capital.

Quote
Indeed, this does not involve psychology as people will choose where they can profit more and surely will choose the option that is less risky.
Psychology has massive impacts in the market and most of market participants can not control their psychology, emotion then their actions, hence they are manipulated by whales and their set up signals.

You can not succeed and survive in any market if you have bad psychology control and don't understand about the psychology of market cycles.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: GbitG on May 16, 2024, 05:33:20 PM
Indeed, you are a first-timer in the business. Most people will want to just buy and hold and others like me will just want to go with trading but not everyone wants to pay the price of learning. even in trading, you can manage your risk. Having an idea of how both work is the best and the majority of people will still want to go for holding since it has less risk and less work compared to trading, where you have to read the candle movement, so that is a lot of work and that is what a lot of people are avoiding.
That is a fact, most people want easy money while not doing a lot of work, this is one of the biggest reasons why so many people are getting into the cryptocurrency industry because they hear someone say that they can earn a lot of money by making some investments in cryptocurrencies and there isn't much work to do as well, but they don't know the fact that knowledge is extremely important for one to profit from this market.

Those who try to get in early, make some quick bucks, and exit, tend to lose more money in the long run because such things might work sometimes and that too on things such as meme coins where you can barely do any research but it's all dependent on your luck.

If someone wants actual and long-term profit, they need to acquire enough knowledge and then get into the market even if they are willing to buy and hold, they need to know which coins they should buy and hold.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Betwrong on May 21, 2024, 11:22:24 AM
Even if someone is not an expert in technical analysis, he/she can trade and earn some money from it. By chance, I mean. So, trading should be treated as gambling in that case. So, don't put at risk a bigger amount than you can afford to lose and trade how much you want. Enjoy the process, learn something from it, but don't try to make money with it because you can end up with losing a lot because of your high stakes. Accumulating Bitcoin, on the other hand, never hurts.
Trading is risky but everyone can have profit or loss with some trades. Difference between an amateur and a professional trader is in long term of trading. An amateur trader who relies completely on luck factor can not get profit in the long term. The professional trader can get positive net profit in long term of trading because he is very knowledgeable, experienced and disciplined with entry and exit.~

But it is not necessarily so, right? A lot of so-called professional traders lose their money because, apart from unpredictable events, they can be simply wrong in their calculations. But tell me, who lost anything from accumulating Bitcoin ever? Unless you panic-sold your BTC at the lower price than you you bought it, till this day there were no losses from accumulating Bitcoin. Of course, it's just my personal opinion, but I think that accumulating Bitcoin is more wise to do than trading.

~ So, any day, anytime, I would pick accumulating Bitcoin. Trading doesn't hold much significance, unless when I buy more to accumulate more.. lol :D

+1


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: tbct_mt2 on May 21, 2024, 11:35:13 AM
So, any day, anytime, I would pick accumulating Bitcoin. Trading doesn't hold much significance, unless when I buy more to accumulate more.. lol :D
Accumulation bitcoins gradually with time is a good investment strategy as it will help you to gain many things simultaneously.

Increase your total capital spent in bitcoins as your investment.
Reduce impacts from price volatility.
Increase your portfolio ROI in a bull run because Bitcoin stays around bottom range with a longer time than how it stays in peak range in a bull run.

You will have more time to accumulate bitcoin than time to take profit in bullish months within a single cycle.

Your accumulation is only healthy and sustainable if you don't use all money you have at any specific time to invest in bitcoin. Because you always need to have money in either cash or stable coin to use for many necessary and vital things in your life.

DCA $50 weekly, in last four years, I invested $7,850 totally and now my portfolio value becomes $16,643.
https://dcabtc.com?sd=2021-05-21&sda=3_years&f=weekly&d=4_years&ac=5000&c=false


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Bryan jessy on June 08, 2024, 05:03:30 AM
It will be better to accumulate as much Bitcoin as one can, to I do not think of trading it is a good idea. But if the person has really good skills and knows more about trading of Bitcoin than he could. Because at the cause of trading one might run at lose if the price decrease, saving it remains the best so you can always have something working for you rather than going penniless or trading it to wrong source and later regret your actions.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bettercrypto on June 08, 2024, 06:23:50 AM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


We know ourselves if our knowledge of trading is extensive, so we also know what we should do, especially in times like these when we are in the bull season right now. So it's better to do DCA implementation instead of insisting on making money through day trading when we don't even have enough knowledge of trading, right?

This is also the best way for us to get a good profit in the future, and there are many communities doing this in the bitcoin or crypto industry at this point in time, honestly speaking.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: OgNasty on June 09, 2024, 07:43:16 AM
If you accumulate you won’t need to trade. If you trade you won’t accumulate.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Luzin on June 09, 2024, 07:54:26 AM
If you accumulate you won’t need to trade. If you trade you won’t accumulate.

Maybe he doesn't trade. Maybe he is mining or there is another way. Because the accumulation of bitcoins can be done in several ways, even deceiving scammers. In fact, I did accumulate Bitcoin by continuing to trade using altcoin pairs. They do it a lot of ways and I think there's a move they like the most.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Mrbluntzy on June 09, 2024, 08:02:22 AM
From the discussions I have read on this forum, they all suggested that trading is very difficult compare to holding. I also agree with people that have always said that trading is very risky and the higher the risk the higher the profit. If you know how to trade and it is so profitable for you, then do it but if you can't trade, better to only accumulate and hold.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Pmalek on June 09, 2024, 08:16:42 AM
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
This isn't a question you can answer with A or B. Each person should have a goal and reason why they are either accumulating or trading bitcoin. If it is to ultimately have more fiat, you can achieve both with buying & holding and trading. Get some bitcoin at a dip and sell it when you are happy with the profits.

But if you use bitcoin as a store of wealth without having a price in mind at which you will sell, then it makes more sense to accumulate as much as possible and pay with bitcoin whenever you can. Work for it and earn it as a side hustle. That way you won't have to worry about the price you got it for. You only invested your time, not your money. Sure, the value could diminish either way, but volatility is already a feature you have to account for. 


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: angrybirdy on June 09, 2024, 09:10:46 AM
From the discussions I have read on this forum, they all suggested that trading is very difficult compare to holding. I also agree with people that have always said that trading is very risky and the higher the risk the higher the profit. If you know how to trade and it is so profitable for you, then do it but if you can't trade, better to only accumulate and hold.

Same! I'd also agree that trading is much risky than accumulating or holding bitcoin because when it comes to trading, even how good you are, you will still experiencing failures and losses. Trading is not that easy to learn, it's a long process of learning and even I is having a hard time to learn how trading works that's why I prefer holding my coins rather than doing trading because I believe that one wrong move from doing trading, your holding will lose.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: knowngunman on June 09, 2024, 09:33:17 AM
I read somewhere on the forum today, " Wealth isn't money, it is value". Now, the thing is trading is making money, while holding or accumulating Bitcoin is making wealth. Trading gives you momentary funds, and hodling saves your future. You know what's funny, at the end of the day we all trade Bitcoin, cause after holding for so long, you can't get your value, and your wealth without trading or selling it off to someone. But that's not the point. The point is, if you want more you should accumulate. It's not that difficult, it's just like saving for the future in the bank, yeah?

Yeah, we all trade bitcoin in one form or another but not in the context the Op is talking from which I believe you also know but you are probably being sarcastic, lol  ;D

Op is referring to those potential traders who risk their coins and eventually lose some all in the name of trying to make some profit. A very insignificant profits with the possibility of losing your total assets. The comparison is not worthy of debate because it's obvious that accumulating bitcoin is the wise thing to do if you still want to be addressed as a holder. However, trading bitcoin can be profitable for people that know how to trade (very few set of people) but it's something one need not to think of unless you are ready to answer the name 'former bitcoin owner'.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: SickDayIn on June 10, 2024, 01:37:25 PM
People that are asking this question, are not confused, just lost.

If you trade Bitcoin, you are risking of losing your underlying Bitcoin in a bad trade. A lot of average day people do not have the right temperament to be professional traders. An online ebook course is not going to be enough for them to outsmart the trading bots, and the professional crypto analysts.

The smartest thing they can do is buy what they can afford, and hold it.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Lantind on June 10, 2024, 04:40:17 PM
People that are asking this question, are not confused, just lost.

If you trade Bitcoin, you are risking of losing your underlying Bitcoin in a bad trade. A lot of average day people do not have the right temperament to be professional traders. An online ebook course is not going to be enough for them to outsmart the trading bots, and the professional crypto analysts.

The smartest thing they can do is buy what they can afford, and hold it.
I think each person has the right to determine what they should do with the Bitcoin they have, whether for investing or trading, but there are some people who can actually benefit from trading and this is not a problem for them because they understand well how it works. Bitcoin and for those who don't like the challenges of trading, of course they can choose to invest and this is very easy for anyone to do and they must be able to hold it for a long period of time to be able to make a profit.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: mirakal on June 10, 2024, 04:47:38 PM
Both are actually profitable wise. However, if you are still not inclined into trading and is still not confident yet to make bitcoin trading successful and profitable, then I suggest stick to bitcoin accumulation instead. Beginners are free to buy and hold bitcoin, providing the fact that they are aware of its risks, and they only invest on the amount they can afford to lose. Otherwise, jumping into trading bitcoin with no concrete knowledge and skills, and with no established strategies to beat the market’s volatility, you will end up trading like gambling. You risk your funds and yet in the end, you still lose them all.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Gladitorcomeback on June 10, 2024, 04:55:13 PM
People that are asking this question, are not confused, just lost.

If you trade Bitcoin, you are risking of losing your underlying Bitcoin in a bad trade. A lot of average day people do not have the right temperament to be professional traders. An online ebook course is not going to be enough for them to outsmart the trading bots, and the professional crypto analysts.

The smartest thing they can do is buy what they can afford, and hold it.

You are right about most people not having the temperament and enough patience to be able to become traders in a market that is extremely unpredictable because along with vast knowledge, you need a lot of patience to be able to make successful trades in this market, and if someone thinks they lack any of these qualities, trading is not for them and if they still go ahead just for the experience, they will only make themselves lose money and nothing else.

Every person understands what kind of a nature they have and what qualities they posses, so it's not a question of not realizing it beforehand but it is a matter of ego, I believe, because when you know you aren't able to do something, you shouldn't do it in the first place instead of experimenting and losing money without any gains.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Magic-Money on June 11, 2024, 05:51:58 AM
The first time I know about Bitcoin and what motivates me more is the number of total supply of Bitcoin no additional creation, which was 21,000,000. And Bitcoin is burning down on daily basis in respect of lost wallet device and personal death without living the private key open for relatives to have access to it or next of kin. So, I prefer buying Bitcoin little by little than to trade, trading has a very high risk involved, while holding only need to be patient.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: AicecreaME on June 11, 2024, 06:11:48 AM
For me it's both, but of course you have to do your own research first before diving in cryptocurrency world.

Accumulating Bitcoin also requires knowledge, you have to buy when it dumps to a certain point so you can have a discount rather than randomly buying. Accumulating is similar in trading Bitcoin, in spot, not in futures, because you have to DCA (dollar cost average) when you are buying. In spot trading, it's less risk because there's no liquidation unlike in futures. All you have to do is to buy low and sell high to make profits.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Barikui1 on June 11, 2024, 02:16:32 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Hey bro, why are you asking a question you already knows the answer? You know how trading might be, and it's definitely a no go area especially for a newbie, so why are you asking which one is more wiser to do? when you knows that it's more easier to be a holder than being a trader, because even a newbie investors can hold effectively, as long as he or her has a source of income and an emergency funds which will definitely keeps him or her going in funding his or her daily lives.

But as for trading, in as much as it looks really enticing base on the profit you stand a chance of making daily, you might lose a very huge amount of money in a very short period of time, that's why it's very much advisable for only veterans, because for a newbie to get involved in trading without having the required technical knowledge on how to navigate his or her way successfully in the market, it's definitely going to end in regret, so holding is way more easier than trading, but if you are actually good in trading, you might think otherwise, because it's really feels good to be a profitable trader.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: Baki202 on June 12, 2024, 02:01:47 PM
For me it's both, but of course you have to do your own research first before diving in cryptocurrency world.

Accumulating Bitcoin also requires knowledge, you have to buy when it dumps to a certain point so you can have a discount rather than randomly buying. Accumulating is similar in trading Bitcoin, in spot, not in futures, because you have to DCA (dollar cost average) when you are buying. In spot trading, it's less risk because there's no liquidation unlike in futures. All you have to do is to buy low and sell high to make profits.

Both are profitable, but they also carry danger, therefore the choice must be taken after conducting independent study. It will also be aided by hearing feedback from all parties. People always want to avoid the stress of having to do study before making a decision, but without research, it would be very difficult to enjoy bitcoin investing.Both are profitable, but they also carry danger, therefore the choice must be taken after conducting independent study. It will also be aided by hearing feedback from all parties. People always want to avoid the stress of having to do study before making a decision, yet without research, it is very impossible to enjoy investing.

Building up is much simpler, particularly if you want to hang onto it. It's only for you to add to the ones you already have; you need to have a thorough understanding of market analysis if you want to dive deeper into trading. Additionally, if it's accumulating, you may always purchase it at a discount. In addition, spot is less hazardous than futures, and even with futures, you can always adjust your take-profit, stop-loss, and other settings to lower risk.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: bettercrypto on June 12, 2024, 02:47:50 PM
The first time I know about Bitcoin and what motivates me more is the number of total supply of Bitcoin no additional creation, which was 21,000,000. And Bitcoin is burning down on daily basis in respect of lost wallet device and personal death without living the private key open for relatives to have access to it or next of kin. So, I prefer buying Bitcoin little by little than to trade, trading has a very high risk involved, while holding only need to be patient.

It can be done at the same time, actually, because I'm doing it at the same time. Even with other cryptos, I also do it, just that the majority is in crypto, just a little bit in Bitcoin. I can only see more ROI from my capital in crypto or altcoins as long as it is at the top, and I am sure I can give a good profit.

I can't actually separate those two, because that's really the best way: long-term holdings and day trading, so that somehow we have a profit from time to time to also be able to dca the coins that we also want to accumulate.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: radjie on June 12, 2024, 03:30:21 PM
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.


There will be satisfactory results if we continue to invest in crypto, one of which is Bitcoin.  Bitcoin is very suitable as a long-term investment, it cannot be denied that its value has continued to increase from its initial launch until now.  Even though some people prefer to trade Bitcoin for short periods of time, investing in Bitcoin can minimize the risks, and can even provide high returns if they are able to hold it for a long period of time.


Title: Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
Post by: uswa56 on June 12, 2024, 11:36:30 PM
It can be done at the same time, actually, because I'm doing it at the same time. Even with other cryptos, I also do it, just that the majority is in crypto, just a little bit in Bitcoin. I can only see more ROI from my capital in crypto or altcoins as long as it is at the top, and I am sure I can give a good profit.

I can't actually separate those two, because that's really the best way: long-term holdings and day trading, so that somehow we have a profit from time to time to also be able to dca the coins that we also want to accumulate.
These two things can indeed be done simultaneously if we have the skills to do so, as you do in trading a number of other cryptocurrencies to make a profit, but we must really understand well the assets we are trading and don't just throw them away. funds on types of altcoins that have no potential will be able to gain profits.

If you can't separate these two things, it would be better for you to start focusing on one side first so you don't make mistakes that could cause you to lose the investment or trade you make. I think long-term ownership will make it easier for us to make a profit compared to doing Daily trading requires us to always focus on analyzing the market to be able to make a profit on the trades we make.