Bitcoin Forum

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.
But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time.
Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

You are not speculating on the price of bitcoin but you posted about bitcoin trading. Post this on bitcoin discussion next time. You can move this thread to trading discussion.

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Trading generally is risky. Be it bitcoin, crypto, forex, stocks, commodity and others. They are all very risky. It makes traders think of leverage and can lead to loss of money. Although, there are some people but are not many that trade like professionals that make money from it. Holding is better if you enter the market at the right time.

Not everyone can trade that's for sure. So if its not for you, the option is to just stop. Your friend just don't know hen to stop and if has this characteristics, he better learn something in trading every time he loses because that's what needs.

There is time to stop and there's time to go on. Learning not to commit same mistakes in trading will be good for him. If he didn't learn something out of loss then that is a good sign to stop.

Not all bitcoin communities in this field are doing trading activity in btc pairs., now if you are a beginner, do not trade bitcoin in futures or derivative trading
because for sure you will be liquidated quickly.

Now, apart from what you said, I think it is not right for you to say to avoid trading bitcoin because if it were me, I would prefer to trade bitcoin in spot and futures.
But if it were altcoins, I would prefer to trade only in spot and not in futures.

Trading Bitcoin is my biggest mistake ever.

I lost my bitcoin by trading and your trading loss will be bigger and happen faster if you use margin or futures. The advice is very common, don't trade and you won't lose your bitcoin.

Purchase bitcoin, and hold it, you firstly won't lose your bitcoin, and secondly will get good profit.

Another practice with bitcoin is trading it with altcoins, and this bitcoin vs altcoins trading will cause you bigger loss. Another advice is avoid it as much as you can too.

Trading itself is a high risky job hence bitcoin got nothing to do here about the person, you are mentioning. This type of scenario about trader is no way new to me because almost 99% of traders burning their money as trading may give you some hope about making money but it will keep on giving you hopes but never multiplying your money. For every trader, protecting their capital itself a big task which means negative growth of your money is the only result, almost every trader is facing.

It is a myth in my experience. Yeah, even professional traders may lose all their capital against the volatility of the markets. Out of your experience, you may gain some profits but there will be no guarantee for not losing all your profits in your very next trade.

There are people who say on X that they have successfully attracted profits from bitcoin trading, but it's futures trading not spot trading using high leverage, maybe if I'm not mistaken at the time there was wrong news from a journal that said Bitcoin ETF was approved but it was wrong news that finally bitcoin was pumped.
And some people who went long profited from this news.

Trading is definitely risky, not everyone can make profit from trading, but professional traders can make good profit from trading, but professional traders also face losses. So you may face losses if you trade as a newbie. If interested in trading, start with small amount. Now it is more profitable to hold long term than to trade in Bitcoin. Now that you have got an idea about Bitcoin from a trader, maybe he gave you an idea about trading. Now trading is not for everyone, but investing is for everyone. So my suggestion for you is, you buy bitcoin and hold long term, if you hold long term, you don't lose money.

If you want to trade Bitcoin tell I will advise you not to trade the future market because that could make you loss more than you could ever think. Trading is supposed to be profitable but sometimes many people would go into the future market and trade which will end up in losses because they are not aware or not knowledgeable enough to understand the manipulation in the market.
You have to trade the spot market so you can keep learning if you really want to trade. You can trade different Bitcoin pairs depending on your exposure in the market. You also need to learn and understand how to read the market before you decide to trade in the market.

"Time in the market is more important than trying to time the market."
There are many people in the market who choose to trade Bitcoin instead of HODLing, and end up losing money and suffering. In this business, it's important to remember that you have a handbrake—you can stop at any moment, and thus lose less than you might have otherwise.

I don't envy your friend and hope everything works out for him. But to be able to trade, sometimes it's not enough to have all the knowledge; the emotional aspect, like "knowing when to stop," is also important. And of course, it's crucial to remember not to go all-in and trade only with money you're not afraid to lose

you look like someone that is trading memes or alt coin because there are people that it as eaten so deep in them that they can not longer trade bitcoin again and they are always focused on the profit and fail to look at how secure it is to trade bitcoin because there is more to this than just profit and if I may ask why don't you want to trade bitcoin it there like a reason for that, and if you hold for a very long time it is good and then decide to focus on other things so everyone with there own perspective so what ever anyone chooses to do with there funds its okay.


I don't know what you must have been through to make this statement about Bitcoin and there is nothing we can do to change your mind about investing in Bitcoin you can give it more trials there are people who have encountered more losses but did not give so no matter what you must have gone through given up should not have been an option and this why and there are people who have experienced worst but the trader must have been too greedy because when you are too greedy as a trader you will make a lot of mistakes, especially when they are used to reverse trading.

I was hoping to here some tips on Bitcoin trading not knowing you want to condem those who trade Bitcoin. Take it or leave it there will always be successful trader in Bitcoin. If you tried Bitcoin trading and you are not successful that is your business to mind. You cant tell people what they should do with their Bitcoin. Before going into trading they already know the risk involved. And who told you many people still dont lose while holding Bitcoin. Just so know that there is no perfect way to go about our Bitcoin, we just need to apply what we learn properly in every strategy will choose.

Everything will lose if you do not know the knowledge is included in the Bitcoin trading, from the start of emotional management, menstruating money, risk management and open position techniques as well as how to calculate price movement analysis, someone who only knows a few of them will only be the food of others in the market that will make us continue to lose money continuously in the market especially without a strong foundation of knowledge as a trader

The advantage can be fast but so is the loss if it is in trade, look at the large traders of their institutions do not do trade every day, there are some of those who trade for a long time to ensure momentum and exit quickly when they get profits, if they do not understand trade better just invest in Bitcoin, it is much better.

trading is for people who seek more profit and faster return and for people who lack capital to invest to actually make the time spent worth it, so they settle with trading since getting 2x is piece of cake, but sustainability is honestly questionable.
invesitng in bitcoin does make a lot of sense in the long run. you're spared of the tiring process of watching the market will retaining good returns, but as I mentioned earlier, it depends on your capital, you bought 1 BTC your waiting will be worth it, you bought $100 of BTC you're just wasting your time for $20 bucks gain.

so really it depends on what ROI you're aiming for.

It's very questionable and doubtful when you start as a trader because of many things. Lack of enough knowledge about the market, fundamental and technical analysis technique, and experience, so you are uncertain about what you can do, whether you can trade well and profitable in this market. It's challenging to decide trading or not, but after a while you will realize that trading is not for everyone and truly difficult, and more big fact most traders fail.

Then you will recognize that there is an easier way to get profit, it's investment and this ROI chart can help you knowing how good Bitcoin Investment ROI is.
https://casebitcoin.com/charts#roi_chart

It depends on the ROI you are aiming for is positive or negative. If you want to chase negative ROI, let's do trading, trade more actively.

If it is positive ROI, don't trade and do investment long term.

As much as I also prefer holding Bitcoin to trading, I don't think I can generally advise everyone not to trade Bitcoin. Instead, I'll tell people about the risks of trading Bitcoin. 
There are people who have made a career out of trading Bitcoin, so trading is not generally bad.
We should understand that trading is a skill and a skill is learnt and mastered over time. Most people believe trading is simply just buying at a lower price and selling at a higher price to make a profit, but it's more complicated than that.
Trading is a risky business and you'll definitely lose some money, but if you study and keep gathering experience you might be good at it and make more profit than losses.

Trading provides liquidity on Bitcoin since it distributes Bitcoin from one person to other if someone trade it.

Your idea is everyone will hold their token but who will distribute more Bitcoin to new investors if no one will trade their holdings in the market? Do you want to create a bubble on Bitcoin?

Trading and holding are both beneficial to Bitcoin price growth long term.

Quite fun topic from a newbie. Sure, if you don't like trading bitcoin then don't trade bitcoin. To be fair, I do not like "trading it" neither that commonly, I like investing into it and hold it, but sometimes I trade it as well, it makes me some good money and I do it because of the money to begin with, we do not trade or invest into bitcoin because it's fun, we do it because it's making us money.

If you do not make money with it, then you should learn to be better and make money that way, it would make a lot more sense and it would give you a good return. I am pretty sure that we are going to end up with a good income if I know what I am doing and that is why I am not worried about it and I do whatever I want.

Because you haven’t heard about people making huge money from bitcoin investment, that doesn’t mean that people don’t. People have made a lot of money through trading of bitcoin and that where all gotten through risks that an investor cannot take. The effect of it haven been emotionally and financially draining is what you have to pass through before making it as a trader. The fact is that not many people trading are profitable, the vast majority of them are not profitable and give up in the end. Bitcoin investment is less risky and that has made people face less risk, less emotion as to being a bitcoin trader that is more exhausting and harder to achieve success from it. The fascinating part of trading is that, once you’ve made it as a profitable trader, you’ve made it already in life and not even a bitcoin investor can brag much on you about their holding. It is risky and not advisable to start as a newbie if you’re not ready emotionally and financially for it.

I will not dispute the fact that long-term investing brings greater profits in the end, but I can say for sure that trading allows you to get this profit not in many years, but right now. But you need to understand that not everyone is able to trade profitably, and if you incur losses by trading, then you'd better focus on long-term investing in BTC.

Long term holders or investments are indeed more profitable in bitcoin, compared to trading, and not everyone understands this or agrees with the fact, because basically many traders do not trade with Bitcoin - fiat pairs only, they also trade Bitcoin vs altcoin pairs which if lucky enough can provide quite large profits, and that is the target, for those who like things that are calmer and for the long term, buying Bitcoin and continuing to collect it is the best choice.

No, it was not about using Bitcoin for trading, nor was he to blame for it. The reason why he loses and turns into a debtor is because of his ineffective trading strategy. A lot of traders use the same coin (bitcoin), and many of them make some profit. Therefore, it was not the coins we used, but it is a trader's approach, and they could lose if they don't make it right. There are a lot of people who tried trading, but many of them failed. Unfortunately, that person is one among those traders who fail.

Trading and investing serves different purposes.

Trading is someone who consider it as job to generate revenue for monthly while investors are someone who just dump their money generated from other sources whether it's salary or profit from business

Trading is often lead to loss in long term due to the uncertainty of the market but still people does that and it's their choice.

Trading Bitcoin it's  very risky because you will most likely be in loss and besides it's more risky to trade Bitcoin than investing Bitcoin cause they are different aspects. When you invest for long term you'll definitely get profits as time goes on but  for trading you can't specify that more especially when you ain't very tactical and strategic. Come to think of it Bitcoin is a store of value and this is why accumulating it for long term usually yeild profits overtime tho sometimes it's good to take some level of risks you know, you can't tell the outcome later on.

OP could consider trading is a bad thing, but that doesn't make it a bad thing at all, it's just not something that people are willing to work for, but in the end trading could be a very profitable thing as well.

It just depends on the trader itself and if you are trading very well then you are going to end up with profits. I get that some people lose money at trading, but to blame trading itself, as a concept, just because you made losses, isn't the way to go. If they work hard to study and learn and gain experience in the trading world then you are going toe nd up with much better results and you are going to get profits. Just put the blame on others and move away from it will not gain you anything in the end and you shouldn't do it.

Well op thanks for admitting and been honest about you not liking to trade BITCOIN, first i think you should alway understand this, that BITCOIN is mostly not meant to been trade for quick take profit sake but we most all understand the concept on digital assets, which is meant to be accumulate and kept for the future sake mostly the newbie in the crypto industry today fails to have an full knowledge of the different between alway buy BITCOIN in other to get quick profits..

But to me i feel for one to trade BITCOIN is something of choice and it depends on the preson or the investor. But still funny enough most people fails to understand the concept of how works

You might not like to trade Bitcoin but there are people who love to do it because they are profiting from trading Bitcoin. There are some traders that Altcoin does not work for them when they try to trade it because they can not analyze it with accuracy the way that they can analyze Bitcoin without making a mistake. Altcoins market is very volatile and more times very unpredicted than the Bitcoin market therefore some traders have avoided the altcoins market and focus on trading Bitcoin. Just because people are trading Bitcoin does not means that they are making a mistake because some people already have some Bitcoin that they are hodling and the ones that they are trading is just for making profits that will give them money to use for other things.

We can do anything within our reach to maintain stabile in the market. Don't cry leaning on Bitcoin chart when you make a mistakes and it results to losses. We make mistakes and correct them when next we trade, this is progress and not refer to as failure. Before jumping into trading bitcoin, there are reasons to learn crypto the easy way or bitcoin will make it hard for you. Knowing what I mean when I mean the hard way? Losses are recorded and this can happen to anyone in the space. Trading bitcoin can be made easy and difficult at the same time, it all depends on the trading strategy applied. Bitcoin is very risky and advisable to understand the pressure it comes with trading it.

Everything has risks factors and as well advantage and disadvantages and again we all have different perceptions of things so what you think might not be what I think, which makes it that Bitcoin can be profitable to another and not be for you,besides Bitcoin is seen as a long term assets and knowing about all it's characteristics feature would give you a mind to trade or not. Therefore being experienced matters alot too.

Trading is a risky endeavor, but it is important for you to understand how to trade and which strategies you will employ so that you do not lose as much money as others have because they lack knowledge about it. Anyone can begin trading as a newbie, and skm has already become a professional, so all you need to do is gain experience, conduct more research, and find mentors who knows better than you. if you follow them you will get more experience about how they trade and get profit and know to used different strategies to get profit.

Just keep in mind that in trading you will most likely lose before you make a profit, because the market does not always go smoothly as you think sometimes, and even professionals lose from time to time; the difference is that they do not lose as much as rookie traders. Bitcoin investment is the only investment that will keep you active without losing a lot of money since it is distinct from other coins, and if you can be patient and leave it for a long time, you will make a lot of money as the market goes up. If trading does not work for you, I'm confident that investing can probably favour you and get something at of it.

To ask further from here, do you now enjoy trading another cryptocurrencies or don't just buy the idea of trading bitcoin from what you just said, can you please clarify more on that.


Yes, because they know what they have seen and are running after in doing so, what we all should learn too from this is to always go for what we know best and can do well and not what others are doing.


Why should everyone avoid trading bitcoin all because they don't want to be disturbed emotionally, no one plus forcing anybody into trading, you're using your own personal hard earned money to trade at your own risk, if you know about bitcoin, then trade it, if you can't trade, invest in it, same applies to any other coin we are considering, we need to have an idea about anything we are going for before starting to minimize the risk.

Don't be so capsulated by wrong impressions concerning trading bitcoin, I will tell you this frankly that bitcoin trading is the best ever to enjoy doing, because you're rest assured of getting to the close result of what you have speculated for , unlike other altcoins that you don't know their bearings, the more you trade the higher their risk, they only promise high returns, but we would have forgotten about the high risk involved also, try and trade anything without the knowledge of doing it, you will definitely fail, same applies to those that think bitcoin trading it not profitable, it's either they are inexperienced or they are running after making quick money from trading altcoins.

Well, what you have heard is true, but that only comes from the mouths of investors. But tried to ask some traders if they would say that if trading Bitcoin is profitable.

We may have often heard those words because most investors are just bold enough to tell the truth and have a way of encouraging people to invest as well. But generally, using Bitcoin, either for trading or investing, gives us a profit. And the question is, which way is more profitable? It will depend on the one who does it.

I will pay attention to the point where you mentioned that he was trading to make quick money,  making quick money shouldn't be the reason you ever go into trading,  if you are so desperate or see trading as an alleviation scheme for a lean wallet,  then you may suffer things such as the financial and emotional damage you have mentioned,  don't trading with such mindset as that alone in its self is a failed mindset already.

If you wannt to go into Bitcoin trading,  you should consider it as a business one in which you are in for the long term, that way you are going to have the emotional tolerance for the long run, because as a business you use a different approach away from the mindset you will use when you are trading to get some money to offset a debt or trying to get rich quick within a very short period of time.

Trading bitcoin is not what you should be thinking of venturing into as a newbie, they should focus more on investing in bitcoin rather than just looking to make quick money from Bitcoin which in the real sense, bitcoin investment is not of such. Trading is another skill one can have in the crypto world than can make you money but although much risky than just holding on to bitcoin and watching your portfolio grows. Every etiquette of holding Bitcoin can also be applied to trading and the distinct difference between them is that trading is more risky than investing in bitcoin only.

If you're good at trading, you will understand why you should trade Bitcoin whenever an opportunity presents itself instead of just hodling it. It's because don't understand when to buy and when to take profit that makes them play safe by not trading it. If for instance anyone is sure that price will plummet from $98k to $70k, I'm sure they will sell. With such information, it's easy money to be made. No one throws away such an opportunity.

No, he wasn't damaged "emotionally" or financially like you said because he traded Bitcoin. He was negatively affected because he lacked the proper set skills for trading. He would still have lost if he traded Forex or Stocks without proper skills for trading. Don't place your friend's misfortune on Bitcoin but on your friend.

Bitcoin trading could be risky and dangerous, but let’s face the reality, majority of these traders are greedy and settle thinking that trading could offer more profits bigger than investing alone, that’s why they start risking their hard-earned money with trading. Unfortunately, not all of them have succeeded but there are certainly those who have excellent skills and make a good living out from trading.

Not all traders are good traders, but they can be good hodlers actually if they know the high potentials of hodling alone.

Of course there is a peace of mind holding Bitcoin than trading it, these including not losing any fraction of your Bitcoin and also there would be no tension on them, lastly they can sleep fine if they chose Long term investments over short term because with how market is reacting these days its important to hold for long than trading it. Lot of people believe on holding Bitcoin while those who needs urgent profit goes for quick trades to double their money with trading without knowing it's also a faster way of losing their hand earned money.

Choosing long term investment with Bitcoin rather than speculation in short term and trading is very good. Long term investment is safer and more possible profitable than short term speculation and trading, but it's not enough.

Next vital steps together with long term investment are
Choosing good wallets to use and store your bitcoin. Those wallets must be open source and non custodial.
https://bitcoin.org/en/choose-your-wallet

Practicing wallet backup and wallet recovery from backup.
How to backup a seed phrase? (https://blog.lopp.net/how-to-back-up-a-seed-phrase/)

People want to trade with the bitcoin because of the volatility other than market of stocks and investment now if you are not yet prepared how does the buy and seller making a tag of war on the market. Still you can trade your coin with bitcoin into a longer time frame if you get overwhelmed but there are some others really want to use the volatility to make an fast flip of their positions. Now its up to you which path of trading you would like to try in bitcoin

Someone who want to trade must learn many things before he start. Trading is not easy so he must not force himself to trade all day long. Most people trade using big money without think about the risk so when they lose, they are confuse and desperate but they don't search why they can get that.

If they want to check what happen to them in trading and try to learn more about trading, they will not in rush in trading and can be wise to act based on the situation. But if you really difficult to learn trading, you don't have to trade but you can focus with the investment in Bitcoin and that will be low risk for you.

As long as you are doing a good job, you shouldn't be worried about having what you are having, it is not as complicated as you may feel. I know that this feels like something that will take a while for you, but it is not that crazy and could be done simply. Trading bitcoin isn't a tough job, we just need to make sure that we know what we are dealing with and if we can make this work, then it is not going to be that hard to handle neither.

So if you really want to do this, then all you have to do is just focus on how to make a better result with time, and if you can do that, it is going to be something that won't be that hard to handle, it is going to be something that will give us some benefit for the long term and could make us profit, just need to learn more about trading.

Why? is it necessary to say that a holder has made a lot of money in this bitcoin field industry? Is Michael Saylor, when he has made a lot of money,
does he say it and let the community know? Isn't it?

As long as the important thing is that Bitcoin can provide good profits to anyone who believes in it, especially if they carry out trading activities in Bitcoin.
Though, most people know that many have actually made a profit from bitcoin.

Bitcoin trading is like any other form of investing, there are risks and rewards at the same time. If you play your cards right you make wealth but if you are being careless you will end up losing everything.

People often term it as 'risky' but if you think about the nature of real estate and stock markets, there are always people losing money. The people incurring losses are so much more because they do not have the knowledge and the skills to make money from it. But if you check out the value investors they are minting money like crazy because they have spent a substantial amount of time to study it.

I think you think in contrast where everyone focuses on trading in bitcoin, while you are in conflict, so what you choose in the method Trading in the Crypto, Altcoin or Meme markets, if that's your choice I think you are mistaken into the world of trade.

You can do the Bitcoin trading method by margin, Futures and Spot, I am sure that many Crypto market situations are currently doing short -term spot trading, you can see that the last few prices of Bitcoin down to $ 85K have risen again To $ 95K or more, a trading volume situation like this is enough to make investors or Crypto users receive concrete profits on Bitcoin, far from the movement of other Altcoin prices only up and down a few dollars Only, Bitcoin can produce thousands of dollars in the short term $ 10K or more, what you doubt in Bitcoin, I think only those who do not understand the mobilization of Bitcoin only say like OP.

No coin including Bitcoin should be traded. Trading will always make you panic and always make you make wrong decisions.  Because when you buy a coin for trading purposes, seeing the volatility of that coin, you will sell it at a loss to protect the loss, and small losses will eventually turn into big losses that will make you panic more. So trading plan is never good.  You can only invest long term on a coin that will give you confirmed good returns over a long period of time.

He must be doing future or margin trading with BTC and he got liquidated, which is nothing new because everyday someone is facing it because of their mix-calculations I suppose and unexpected trends of the market. We should not blame btc for it but our own decisions.

Because if one is making lose then other are making profits too, but this is really sad that your friend wiped his all account. I can assume he would be feeling so useless and hopeless now but he should be motivated so he would rise again with more courage, as this should not be a big deal and speaking of trade in BTC being emotionally not good, thies goes for any pair out there, it is made like that to hurt people's emotions.

Go for the risk and see what you will achieve from BTC trading. There are some traders that prefer to be trading BTC daily to earn profit which is their choice and they are comfortable with what they are earning from BTC trading. But you will not use those daily traders to compare those that prefer to hodl BTC for long years before they can trade in the bull market.

I know that we have different method of trading, it will be favourable if some new traders can apply this method buy dip and hodl for the price to hit higher before you can trade, I guess it will help many new traders not to involve losses on the time.

I know there's no direct comparison of gambling versus trading, but come to think of it, both involves risk and if you are willing to lose some funds all in a bid to win big amount back, why won't you be willing to do same for cryptocurrency, just to make good returns.
If there were no traders, I wonder how you would get to transact from BTC to a trading pair or your local Fiat, if need be. Afterall, what is the essence of P2P system if it ain't to solve trading needs.

The issue with trading BTC is that the returns may be lower than altcoins with higher risk and as it is more used as a hedge against inflation and that's one reason it's pegged to the dollar.
The best way to make the best profit from BTC is not to trade it as a newbie trader or even per time or short term. It is to hold it. Accumulate as much BTC as you can for a long period because the price is sure going to get higher and then you can diversify when necessary to trade altcoins quickly when they pump.

Before trading you need to understand the risks of trading is not easy you need to learn it well and then move forward. Market analysis is important to understand the price movement of bitcoin also emotions like fear and greed can be harmful in trading. You need to make trading decisions calmly and rationally and not be overly emotional in trading. The more you are aware and educated about the market the less risk you can take in trading it is not possible to completely avoid risk. It is important to use risk management techniques such as stop loss and take profit before trading.

Trading is a risky move and I have a love/hate relationship with it. Sometimes I love it and I want to do my best, but sometimes I hate it and I want to avoid it so badly. This is why I take breaks from it, I try to keep it as realistic as possible and if I start to feel like a terrible situation, then I try to avoid it and give a break.

Sometimes, after the break, I feel as if it's a good thing and I can't really seem to have some bigger issues, it just doesn't really feel like it's not a big deal, but at the end of the day it's not really that complicated to feel like you want a break and not complicated to feel like you missed it after the break. I rarely feel like I am fully done with it, because even if I say so, after a while I miss it.

Yes you are right, for one to hold for long time they must move out their assets from exchange and to external wallet which is open source wallet and, must be extremely mindful with how they store their phrase. Thank you for the above post you attached here to help people know more about their wallets, security is the major factors for long term holding, hence people must be very mindful with their seed phrase.

For me, Bitcoin is not good as a trading asset. But Bitcoin is better if used as a long-term investment asset, the shortest duration is 4 years from each planned investment. Trading Bitcoin can be profitable, but it won't last long. If you choose to make Bitcoin a long-term investment asset, the returns are very noticeable. It's just a tough step for those whose faith is easily shaken when faced with various issues and news about the crypto market.

Many people profit from trading BTC and, of course, other coins. The extent to which people show that they are profiting will most likely depend on the number of people who show that they are profiting, too. If you are trying to profit, you can trade with the right tools and risk management. It is possible, and that's if you can handle the risk as well.

No one should be forced to trade but once you do, you need to know what you are doing.

Cryptocurrencies such as Bitcoin and others have therefore provided chances for many individuals to make profits. It is a known fact that the rate of winners especially when sharing their experiences has an impact on the way the others view the opportunities that are available. As for the rest people, everyone has the right approach in his or her life to identify whether or not this is something that is fit for him or her. The mechanism and how one is able to handle the different forms of involvement is definitely an indispensable knowledge for those who have decided to engage themselves. There is no compulsion to get engaged in it, but should somebody is involved there are things that he or she has to go through in case all tables turn into a flip side, these will have to be anticipated.

What do you mean by "it won't last"?  Look, people trade stuff all the time and make money. Its not like every trade is a gamble that disappears in a puff of smoke.  But then you say its awesome for long-term stuff? Thats kinda confusing. If its so risky it "won't last" for trading, how do you know it will stick around for four years or more?

my advice is that when you have not understand the basics of trading, I don't think it's quite right to venture into trading when you don't know risk management, and you also don't know when to enter market and when to leave the market, so therefore, many people has lost their funds in trading due to lack of understanding the advantages of trading and disadvantages of trading

So my advice is in accordance of what you said, if you have not acquire the full skills of trading, it's better for the person who has not understand the nature of trading to crypto investment, so trading is very skilful, because you most know the positive effects and positive effects of it before you venture into it.

Well, you will never see or hear it from the statement of investors. Besides, there is no urge for a trader to flex their income in order to prove that they are earning a lot. Some are just quiet and want to hide their income and losses. You will only hear it if you ask them personally, just like I did to some of my friends who are traders. They admit that not all the time they are profitable. They lost somehow because of the unpredictable movement of the price. And they tell me that they only make good profits during the bull season and suffer difficulties during the bear months.

I mean if Bitcoin is used as a traded coin, then that is momentary in the sense of the benefits gained based on the amount traded. For example, I trade Bitcoin at the purchase price of $90,000 and will sell in the price of $ 100,000, then I will get a profit of $10,000 if the duration of the increase for 3 months. Means that in 3 months I only got that amount.

If I make Bitcoin as an investment of a minimum duration of 4 years, then I have the opportunity to get a greater profit if for 4 years I routinely buy with the ability of the money I have.
Btw, if my language meaning is not suitable, it's because I am not an original English speaker in everyday.

But, who says it has to be a one-time deal? The beauty of Bitcoin trading, and really any tradable asset, is that it is not a singular event.

You could, after that successful $10,000 trade, immediately reinvest. You could use that profit, plus maybe some more, to buy again when the price dips. You could do this multiple times within those four years you mentioned. This is, in fact, how professional traders make money. Each successful trade, even if smaller, adds up.

It’s seems you are not talking about trading bitcoin because it doesn’t make sense how will you lose all your money in trading bitcoin? Let me even ask you, did you know anything about the bitcoin market? Because I can’t compromise the information of the higher risk you see in trading bitcoin, which is less than trading shitcoins?

This shows that you know nothing about Bitcoin. We all know that Bitcoin is the safest cryptocurrency to accumulate and hold for a long time, which makes it more reliable when it comes to trading because it moves on a very fair frequency, and if you are really trading Bitcoin, it will be very hard for you to lose even 10% of your capital, let alone lose everything. So if you don't have knowledge on something, please stop misinterpreting the narration of it or don't even talk about it. Get knowledge before you can discuss it.

As we know trading is not that easy to grasp everything that is basically related to trading, I do like how you explain it here. Of course Many people who jumped into trading without at least to see how the market reactans create new price level for they could jump Into market to trading. Before one would be successful in trading they need principles of trading before getting their desires moment on trading.

Trading and investing have different approaches and goals but they're two popular ways to gainr financial stability and make real money.Overtime, trading Bitcoin is highly recommended and lucrative but due to significant losses that have emerged,certain changes have also lead to the Bitcoin trading accessible allowing traders to partake in the global market changes.

Every Bitcoin traders must understand that trading is very risky and it's not for those that are too emotional to enter the market or make financial decisions. Decision making is what we should prepare for if we want to make financial profitability. Getting profits from trading Bitcoin involves getting the full skill to trade the market and make decision that will help to increase financial accumulation.
Trading Bitcoin can be profitable and can also be disturbing for those good traders out there that don't know how to stay focused and been taken away by the greed of making huge profits from the market without and research or analysis.

Those investors that claimed on how they've made with Bitcoin investment are just telling the truth of their crypto journey.

While traders can boast their trades but it is the obvious that not all of them have better days compared to investing.

Choose what you will be settled for the rest of your lives, invest and after earning a lot, play with trading and learn it.

No trader would claim that he made massive profits out from bitcoin that’s because they don’t do it for public bragging, but they trade secretly and make successful trades. But let’s be realistic, not all traders are bound to succeed and make massive income, some are just good at start and eventually losing their enthusiasm with trading simply because they can’t bear the losses that trading brings. And I don’t see any wrong with that. Traders can just settle into hodling their bitcoin, yet they still made profits equivalent from trading, or even bigger.

Stability or potential - that's how I would put it.

Simple and easy to understand - imo.

Those people who claim they made massive profits out from Bitcoin trading should be questioned because those who really succeed from trading will not tell their success story to public and keep that story for themselves and their closest people.

Yes, we know that not many traders are succeed from trading but loss their money from trading. Those people who lost in trading finally gave up from trading and left it because they thought that they could not trade better and make a profit.

And those who claim their success story from trading will give offers to their follower to join with them to achieve success too. This make new people join because they think that they can succeed too. Those who claim their success make money from their program and not from trading.

You're right. It's very simple and easy to understand but in the actuality, it's hard.

While holding has both of the potential and stability because of how the results we've got by simply having it and without being required to do that much trade.

Those traders are likely looking into the market through futures mostly for Bitcoin and if they do spot, they'd choose to keep BTC and will go for altcoins.

BTC trading is not favouring you doesn't mean is not good to trade BTC, you can see the majority of traders chosen BTC out of other cryptocurrencies to trade, because it has a high risk and a high rewards to those that chose BTC trading. There are some strategies you will involve in BTC trading, you will not complain with the profit that will come out from the trading because you know you are using small amount of money to trade BTC.

Sometimes, the amount of money you are using to buy coins may be the reason why you are not making big profits from your trading, because there is no way you will use small amount of money to buy coins and trade at the moment to expect big profits from the market.