Traders: Would you have made more money if you just bought and held?

[Kprawn]

Trading has been more profitable for me than merely hoarding my coins. I buy when the price is low and I sell when it is

high, and with the profits I buy more bitcoins on the next dip in the price. If you only hoarded those coins, you would not

increase your coins. I have a goal and I am determined to reach it. 

[xJuturna]

Yes absolutely but best not to dwell on it too much. I bought up some bitcoin around the Mt Govx hack and used a good chunk of it on alt-coins prior to it finally breaking $1,000 and onward. Just trying to learn from it and make better decisions from now on to be honest..

[Adbitco]

Just like a senior member said most of altcoins aren't worth holding for too long so in case of trading altcoins I buy them only to hold them till the time the price goes up and then sell them. Yes if I had held bitcoins from the time I started with it till now I would have earned more than I did but no regrets I'm happy with whatever I earned.

[harizen]

So people on here are constantly talking about trading altcoins, bitcoins, and cash. Buying and selling. Selling and buying. Are you guys actually making more money than if you just bought some bitcoin and held?

Be honest.

Do you guys not pay short term capital gains tax?

It's not about traders doing that because they can earned more money, it's just that they are taking advantage of the opportunity while at the same time holding bitcoin without touching it for long term goals.

I experienced many times to earned a decent amount just by doing trading altcoins while I keep my bitcoin for long term. Most of the alts are not meant for long term holding so basically I have to play with them for short term.

Honestly, if I found this method as not effective I will not continue it on the early days. But waves comes from the direction that I want with proper analyzation that's why I build up a good winning stats.

[xskl0]

Nope