lunnatic
Sr. Member
Offline
Activity: 1190
Merit: 250
COMBONetwork
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July 13, 2023, 02:43:01 AM |
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Newbie traders should know that they should use the amount of money they can afford to lose to trade.
We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Bitcoin price is very low right now. I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt. If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldn’t use for trading. Some fund should trade and some fund should hold is best policy. That's how it should be because when funds are not managed properly, it will end badly too, using all the funds to trade then it is very risky because the possibility of losing money is very large and in the end you have nothing, Bitcoin for long term investment is very feasible and no need to think twice about investing in Bitcoin.
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Mauser
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July 15, 2023, 06:24:40 AM |
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My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
That is the best advice I would give anybody that wants to start trading. Don't start with using all your money at once, better to split it up and have different goals for your portfolio in mind. Putting the majority of our money into a wallet for longterm holding is a good idea. Looking back at the Bitcoin market we can see that HODL is a strong strategy, that outperformed many active traded strategies over the last 5 years. The main drawback of HODL is that we don't generate any income in the long periods of holding our coins. For any profit we would need to sell some of our coins. That is why it's good to combine a HODL strategy with an active trading strategy, so that we can generate some returns in the meantime. Using a 20/80 split for our money for longterm HODL is a good approach at the start. Once we are making some returns from our trades, we can use that money to either grow our active crypto portfolio or our HODL wallet. Personally, I use my gambling and trading profits to keep adding to my bitcoin wallet for longterm storage, to ensure that I am getting closer to my goal to own 1 BTC one day. And any new fiat money that I invest in crypto currencies is for trading or gambling to generate more shortterm returns.
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Desscount
Full Member
Offline
Activity: 1386
Merit: 101
ComboLabs
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July 15, 2023, 07:55:43 AM |
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Newbie traders should know that they should use the amount of money they can afford to lose to trade.
We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Bitcoin price is very low right now. I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt. If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldn’t use for trading. Some fund should trade and some fund should hold is best policy. That's how it should be because when funds are not managed properly, it will end badly too, using all the funds to trade then it is very risky because the possibility of losing money is very large and in the end you have nothing, Bitcoin for long term investment is very feasible and no need to think twice about investing in Bitcoin. Things like that really need to be considered too because money is managed properly then the results will be good too, trading itself is full of risks so when we use all the available funds for trading it is clear that the risk is big, for long term investment top coin is still a viable and safer choice.
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Rivaldine
Jr. Member
Offline
Activity: 31
Merit: 1
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July 15, 2023, 12:34:45 PM |
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In the words of George Soros, "It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong". All we need to do is make money. So far, it has always been the diamond hands making the most of the market because they hold, so holding is best.
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Smitty Werben Man Jensen
Full Member
Offline
Activity: 1568
Merit: 100
COMBONetwork
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July 15, 2023, 12:52:42 PM |
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Holding can indeed be said to be better than trading, because the level of risk we receive is much smaller than trading, but just be sure if holding without the right strategy and analysis then holding will be a disaster, because we will never know what the price will be an altcoin in the future, will it reach ATH or even ATL.
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Rockstarguy
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July 15, 2023, 01:52:30 PM |
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My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
I think for beginners to trade 20% of their fund is much and it is risky for them, it will be better if 2 or 5% is used for trading. 20 % is huge for beginners who don't have experience and knowledge. Trading is very risky, I think trading must be done with amount one can afford to lose, and staring small in trading is not bad just to get experience and knowledge which can later help on how to trade big. Beginners needs to master trading with small fund for better trading experience.
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Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
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July 15, 2023, 10:47:50 PM |
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Newbie traders should know that they should use the amount of money they can afford to lose to trade.
We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Bitcoin price is very low right now. I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt. If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldn’t use for trading. Some fund should trade and some fund should hold is best policy. That's how it should be because when funds are not managed properly, it will end badly too, using all the funds to trade then it is very risky because the possibility of losing money is very large and in the end you have nothing, Bitcoin for long term investment is very feasible and no need to think twice about investing in Bitcoin. Things like that really need to be considered too because money is managed properly then the results will be good too, trading itself is full of risks so when we use all the available funds for trading it is clear that the risk is big, for long term investment top coin is still a viable and safer choice. An active trader would really be ending up on being a holder if he do caught himself on the peak on a certain coin that he's dealing with. This is most likely the case on which if you do rush up on being that short or active trader but the coin you've been trading with did make out some dump then you wont really be having no choice but to hold your position and you would be ending up on a being a holder but if not then you would really be making some cut losses which is something that not recommendable on doing so. Holding into something which it would really be worth for long term like Bitcoin and some top altcoins in the market would really be that ideal but of course not all would really be giving out that kind of positive results because no one really knows on what would he future looks like. Hold if you do see that it would be worth and trade it and having that buy and sell actively if you could be able to do so, not all would really be that good on this one and this is why skills and capability would really differ on each other.
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Dr.Bitcoin_Strange
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July 15, 2023, 10:58:58 PM |
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but just be sure if holding without the right strategy and analysis then holding will be a disaster, .
Holding doesn't require any serious strategy or analysis. All that is required is to store your Bitcoin off of centralised platforms (exchanges) and also take your security very seriously.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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CapGelatik
Full Member
Offline
Activity: 1064
Merit: 100
Combo Network
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July 16, 2023, 08:04:31 AM |
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My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
I think for beginners to trade 20% of their fund is much and it is risky for them, it will be better if 2 or 5% is used for trading. 20 % is huge for beginners who don't have experience and knowledge. Trading is very risky, I think trading must be done with amount one can afford to lose, and staring small in trading is not bad just to get experience and knowledge which can later help on how to trade big. Beginners needs to master trading with small fund for better trading experience. I think for beginners 10% is more than enough because trading is so risky, with a lack of knowledge and experience I think they need to focus on that first, don't be hasty and expect to make a big profit.
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Cryptmuster
Legendary
Offline
Activity: 2114
Merit: 1361
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July 16, 2023, 10:32:40 AM |
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Holding doesn't require any serious strategy or analysis. All that is required is to store your Bitcoin off of centralised platforms (exchanges) and also take your security very seriously.
I disagree, if you say that the hold does not require any strategy and analysis, then in your opinion it means that you can buy bitcoin at any price, even for 60k and just wait, and this should make you rich? Any successful trader or investor should be able to analyze the market to determine the best time to buy, without which it will not be possible to avoid mistakes.
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riskarcher
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July 17, 2023, 05:25:52 PM |
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Holding doesn't require any serious strategy or analysis. All that is required is to store your Bitcoin off of centralised platforms (exchanges) and also take your security very seriously.
I disagree, if you say that the hold does not require any strategy and analysis, then in your opinion it means that you can buy bitcoin at any price, even for 60k and just wait, and this should make you rich? Any successful trader or investor should be able to analyze the market to determine the best time to buy, without which it will not be possible to avoid mistakes. Yeah that's true, We should watch carefully situation of market and each global news of finance, never do something stupid for entry market in each price, trader should know "Buy the dip and sell at the high" do things like DCA and analyze coin which targeted investment for long term, but the most important knowing when out of the market and when entry the market ,at least Preventive first to making our emotional feel peace
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carlisle1
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July 17, 2023, 05:51:51 PM |
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My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
I think for beginners to trade 20% of their fund is much and it is risky for them, it will be better if 2 or 5% is used for trading. 20 % is huge for beginners who don't have experience and knowledge. Trading is very risky, I think trading must be done with amount one can afford to lose, and staring small in trading is not bad just to get experience and knowledge which can later help on how to trade big. Beginners needs to master trading with small fund for better trading experience. I think for beginners 10% is more than enough because trading is so risky, with a lack of knowledge and experience I think they need to focus on that first, don't be hasty and expect to make a big profit. Yeah, just feel the market and allow yourself to learn. There are many factors that you need to understand while you are in this type of investment. Either you want to hold and wait or you want to play around and take the risk of trying to trade while the market is active. The chance is always possible to earn. It's just on you if how you will interpret the situation and how willing you are in taking the risk behind your decisions.
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cute nmp
Jr. Member
Offline
Activity: 1834
Merit: 3
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July 17, 2023, 07:04:02 PM |
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It depends on what one speacializes at.Some are exceptional good at leverage trading while others are expert in holding one just need to go with what suit him best.Personally I do both for now and have made consistent profits from it.For now I am selling my Btc cause we could see a dump soon and I am also shorting it with a small leverage on an exchange.
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Bitcoin_people
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July 21, 2023, 05:29:34 AM |
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Of course we have to accept that we will invest the amount of money we can lose. When an newbie person is attracted to investment, he should be aware that he has to observe various cycles before investing his money. When an investor starts his business he needs to acquire that immense knowledge so that he can earn from it and gain experience. Those of us who invest in bitcoins hold on patiently and wait until the bull market. We know that Bitcoin market halving starts basically every four years and these days we leave our money in a particular wallet. And we throw it away as a lost money so that it will bring good profit in future. But in case of a newbie it is not at all investing with patience if done with patience good earnings are possible in future. So when we invest and trade we must do it with patience so that there is less chance of facing loss in future.
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bitcrystal
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October 04, 2023, 10:07:05 PM |
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It depends on your trading strategy and the results you are getting from it. If you are really good at trading then I will say you can use 30 - 40% to trade and then the rest for holding. The idea is to reduce the losses and if you find out you can't do that then you should just keep holding.
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