Al little experiment, what is better - hodling or trading ?

[Nheer]

Hi.

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

With great excitement,
Jaanus

There is no assured date that Bitcoin will hit certain price we just know Bitcoin has the potential to increase in price over time.
It is possible to increase your Bitcoin with trading but the risk is very high especially for a person who has no knowledge about it so I won't advise you to trade your Bitcoin. You probably wants to increase your Bitcoin as soon as possible but the thing is Bitcoin is not a get rich quick scheme so be it trading or holding it still requires some time to grow and build your portfolio.

My advice to you as a newbie is to hold your Bitcoin and keep accumulating more with any little amount you can afford to put in and grow it with time. But if you really want to trade then I think you need to go and learn about trading properly first before you try it out. Know that trading is risky a f you can lose your money very easy and fast.

[Ricardo11]

Hi.

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

With great excitement,
Jaanus

Trading is a skill and not something you do out of mere assumption. You have not told us if you are a trader, a good one. However, you should know that trading is quite riskier than hodling and it won't be adviceable that you trade with that small capital you cannot afford to lose. Obviously the goal is to multiply it, just hodl for long term and you will be at ease with yourself. The panic and emotional burden that comes with trading will be reduced.

The success of trading will come only based on your skills, here you have to achieve success by using the right strategy through proper market analysis with experience.
It will never give effective results based on your assumptions, here being guided by emotions means disaster, so it is necessary to have the right understanding here.
You must make logical decisions with the situation, here only the opportunity for success depends on skills.

[harapan]

There's nothing wrong with trying new things and experimenting on them for better performance, but just a piece of advice though and that's what I was advised with years back when i intend to trade early. For a start as a beginner or newbie to trading it's best to learn from different stories and people's experience that way you can unwind steps to handle your trade. And at the early stage hodling is preferable when you ain't good at it rather then generate loses uncontrollably.

[JaanusRaim]

mBTC is now 109.18 usd. Therefore I have BTC 0.0009467(103.36/109.18).
My investment return (in four months) is -5.33 %.

[ChocolateBitcoinK]

There's nothing wrong with trying new things and experimenting on them for better performance, but just a piece of advice though and that's what I was advised with years back when i intend to trade early. For a start as a beginner or newbie to trading it's best to learn from different stories and people's experience that way you can unwind steps to handle your trade. And at the early stage hodling is preferable when you ain't good at it rather then generate loses uncontrollably.

This is correct, basically beginners usually rush into trading in the hope of quick profits, and that is where most of the mistakes happen, trading is something that you cannot start achieving success as soon as you learn it, in the first stage you will acquire all the general knowledge of trading and then you will have to learn more trading through real experience, that is, in the first stage you cannot think of achieving success in any way, your goal should be to learn more trading and that will be through real experience with the ability to lose, and for this you must spend a lot of time, and at this stage, hodling is a much safer method, because in this you can at least hold on to your assets and gradually gain experience.

[tvplus006]

There is no assured date that Bitcoin will hit certain price we just know Bitcoin has the potential to increase in price over time.

Yes, that's really true. And even those who do not want to trade, because they understand all the risks, have an irresistible desire to sell BTC now in order to buy back even more Bitcoins for the money received from the sale when its price becomes lower.

[Odohu]

There is no assured date that Bitcoin will hit certain price we just know Bitcoin has the potential to increase in price over time.

Yes, that's really true. And even those who do not want to trade, because they understand all the risks, have an irresistible desire to sell BTC now in order to buy back even more Bitcoins for the money received from the sale when its price becomes lower.

This is outright gambling because you are hoping on price going down to replenish the coins with no guaranty that it will actually go down. It is really a stressful process that I wouldn't want to go through. What of after selling the price refuse to go down, it means the money made will not be enough to replace the coins, that will become a loss and most times you might even change your mind from buying or shift the money to altcoins thereby increasing the risk of losing the money. I prefer holding the Bitcoin since I resolved to buy with only my discretionary income.

[tvplus006]

This is outright gambling because you are hoping on price going down to replenish the coins with no guaranty that it will actually go down...

Of course, there is no guaranteed result in trading. But the difference between trading and casinos is that here the trader relies on technical and fundamental analysis before opening an order, rather than relying solely on luck as in a casino.

[Josefjix]

mBTC is now 109.18 usd. Therefore I have BTC 0.0009467(103.36/109.18).
My investment return (in four months) is -5.33 %.

Why are you calculating to a negative percentage when you initially had $100 in your balance in freeBitco as of then, now you saying the current value is $109.18 which has gotten a slight increase in value. You should do your calculations again and you'll see the error you've made so far.

From the main topic, trading is more bigger than buy when low, sell when high, as that's the mindset you are carrying with you. I'll advise, for now, don't trade, hold your Bitcoin, watch it appreciating.

[harapan]

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

Holding Bitcoin for long term certify that one will be profitable as well as get a worth more than the price now but it isn't fixed that it'll be worth million in the coming years but we hope for better, regardless hodling is the best idea but then trading such amounts you're aware of the risks and you may lose more compared to investing it.

[Bd officer]

mBTC is now 109.18 usd. Therefore I have BTC 0.0009467(103.36/109.18).
My investment return (in four months) is -5.33 %.

You said you have 0.001 btc, but how did your btc balance decrease? Have you done trading? However, if your current btc balance is 0.00094 btc then the current price is $104, you are still in profit. However, plan to hold your investment for a long time, if the market is a bit dumping then don't plan to panic and sell. You always think positive and hold for a long time.

[Aanuoluwatofunmi]

Everything under bitcoin investment is base on probability, even though we are expecting for the best to come, also we are to understand going for what best meet our purpose and we are more proficient in, that is why you can see some being an investors and some a trader as the case may applies for them to choose, before we can decide or choose for either, we ought to have consider for them all, know which is better and also understand why they should made such decision for their own good in cryptocurrency.

[Z_MBFM]

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

It can never be guaranteed that when the price of Bitcoin will reach $1 million. But yes, if you hold Bitcoin, you will get profit from it. You got these Bitcoins from a place that you may not have expected. If you have a good enough source of income and you are able to provide your own daily financial support without selling these Bitcoins, then just hold these Bitcoins. If you trade them to increase, you can also make a loss there and if it drops by 20-30% from here, then your confidence will break on Bitcoin and you will panic and sell it and spend money. So it is better to hold these Bitcoins only for a long time.

[ndutndut]

Hi.


I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

With great excitement,
Jaanus

The point is in this sentence. You believe Bitcoin will be higher in the future, and if you invest now, it will yield greater profits in the future.

So with this confidence you shouldn't hesitate to implement a dca strategy on Bitcoin. If you currently only have 0.001 BTC, you should consider how to increase the amount of Bitcoin in your portfolio. Don't even think about selling let alone trading because trading carries greater risks especially if you're a beginner and have very little trading knowledge.

[Muba20]

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

You can also make profit from trading and if you want you can make more than $100 from trading but it is completely uncertain and risky. It may be that you are trading with the aim of making a profit but your assets may also decrease and this is more likely to happen. Because there are many traders who start trading without sufficient knowledge and skills and at some point they face losses. That is why holding is the most effective than trading. If you can hold it for long time then there is definitely a chance of making a profit. If you hold $100 at the present time and the price of Bitcoin is 1 million then according to the current price your return will be 10 times and if he deposits more Bitcoin regularly then the return will also increase.

[atookz]

Before deciding whether holding or trading is better, we must first understand your goals. Are you investing in it for the short term or the long term? Trading is better for the short term, and holding is better for the long term.

I would definitely choose holding because it's better for the long term and carries minimal risk. Although it takes time and patience, with Bitcoin's potential for growth in the future, even increasing, holding is highly recommended. Moreover, if you hold your funds together with increasing your holdings, it will certainly generate greater profits in the future.

[uneng]

Of course holding is much better than trading. The risk is much inferior, less time demanding, with very decent profit potential. You just have to pick the right coins and wait patiently the right time. It's actually the only way you can analyze this market consistently, since you can take history into consideration, while when trading you don't have any basis, as this market is unpredictable and too volatile on short run.

I don't know stories of successful traders (besides the success stories of exchanges platforms), but I know many holders have made outstanding progress along the years holding BTC.

[Inwestour]

You definitely need to start with a hold, and for accumulation it is best to use the DCA strategy, this is what has proven its success over a long distance. And trading is not easy, and in order to make a profit you need to become an experienced trader and this still does not guarantee you that you will trade with a profit, and it will also require a lot of your time, and in fact, trading should become your job, but instead you can spend time on another job that will bring you a guaranteed income and you can buy bitcoin for a hold using the above strategy.

[Bitcoin_people]

Holding and trading are two completely different and there is a lot of difference between them, if you do trading then you will be afraid of losing your money. Because you will have to face a lot of volatility in the market due to which you can become emotional and there is a possibility of losing your money. But when you invest if you hold it for a long time then when the market takes a good position then you will gain a lot of profit. In that case from my side if you invest in Bitcoin for a long time and you have a great plan and goal then you will definitely be successful. But by trading you will never be successful rather you will face people and lose money, so I will advise you to invest in Bitcoin which is better than trading.