Fuso.hp
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2024, 09:55:31 AM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Justbillywitt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2024, 10:05:04 AM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Before we decide to trade, I need to gain enough knowledge about the trade. If I don't understand the trade well, I will never live up to the expectations that I have with the trade. But in trading, we must trade with the risk that is in the trade. Many times if we don't get success, then we lose the trade patience. Patience is very important. We must be patient before trading. If we can trade patiently, of course in the future. We will get success through trade. We always have to have a long-term plan. Sometimes we are in a hurry. We should not be in a hurry when trading. There are many people who trade, they are in a hurry, they think that they will become millionaires overnight, but it is not like that. Of course, you will gain money in trading, but for that, you need to be patient enough. Your explanation is not understandble and it can be very misleading to newbies or new investors that has plans to venture into Bitcoin investment, for all you are talking about here is trading trading trading which is wrong here one thing you should know about is that this thread is not talking about trading for there are other thread here that you can go and discuss your fucking trading stuff, for the concept of this thread is talking about buying Bitcoin and hodling for a longer period of time from 4-10 and above for everything you have said sounds more of gambling, for Bitcoin is not a tradable coin and can never be traded for anything. Sometimes I wonder why people think of Bitcoin as get rich quick investment for the profit you will make when you invest for short term can't be compare when you HODL for a longer period of time. There is something that some of you the new cats are not understanding here in this thread. For the fact that this thread is dedicated to buying the dip and Hodl does not mean that people cannot mention trading here. Sometimes when you are making an explanation and it requires you making comparisons between trading and holding for proper understanding of your audience you can make mention of trading, that doesn't mean that we are changing the dynamics or the sole aim of this thread. Sometimes when I see people react and use nasty words when experienced members mention trading here it gets me worried. Truth is there is no way we can successfully have a buy and Hodl discussion without mentioning trading at some point, this is just one thing I want everyone reading this my post to understand. Let's not make it look like the word trading is a sacrilegious and forbidden word. Most hodlers today were at one point a trader before they finally realized that hodling of bitcoin is the real deal. Even if you go to threads that talks about trading, you will still find out that buying and Hodl discussion do come up there. If someone is going astray here and diverting into another discussion out side of the original discussion here, let's be civil in correcting them rather than being too harsh with our choice of words. Dot see someone who mentioned trading here as an infidel, it could just be that they are trying to explain something to make it more understandable.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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GigaBit
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2024, 11:36:14 AM |
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I am new to buying bitcoin to hold without being in a rush to sell and I can already agree with you on the risk not being significant for holding bitcoin for long. I know the fear and anxiety I was facing being a short term trader, it was draining me psychologically and most times I will sell and within few days regret why I sold so fast. The same with buying only to see the price go lower with a few days and I will be angry that I would have waited more. The possibilities of making mistakes with short time investment in bitcoin is just so high. Now I fell a bit relaxed and comfortable with bitcoin and even the spikes that do happen no longer bother me anymore. I don't even notice most of them because I no longer check the chat often unless when my money to purchase is ready, then I can look at the market and make an entry.
When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret. One of the main reasons for holding Bitcoin for the long term is that no one knows when the coin will go up or down. If hold for long term it will reach your expected level any time.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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DaNNy001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2024, 12:06:49 PM |
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I am new to buying bitcoin to hold without being in a rush to sell and I can already agree with you on the risk not being significant for holding bitcoin for long. I know the fear and anxiety I was facing being a short term trader, it was draining me psychologically and most times I will sell and within few days regret why I sold so fast. The same with buying only to see the price go lower with a few days and I will be angry that I would have waited more. The possibilities of making mistakes with short time investment in bitcoin is just so high. Now I fell a bit relaxed and comfortable with bitcoin and even the spikes that do happen no longer bother me anymore. I don't even notice most of them because I no longer check the chat often unless when my money to purchase is ready, then I can look at the market and make an entry.
When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret. One of the main reasons for holding Bitcoin for the long term is that no one knows when the coin will go up or down. If hold for long term it will reach your expected level any time. For me I feel the difference between the long term investors and the short term trader is simply their vision to see the future benefits because these long term investors are mind that understand the value and important having to store something that can make you good profits in a large quantity than the mentality of the day or short term investors who that feel the need to wrap up every little earnings they get. And the thing is that buying for long term saves you all the stress of actually watching the market if it rises or dip.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Roseline492
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2024, 12:08:46 PM |
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When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret.
Of course we can never compare the profit margin of a long term holder and a short term because holders are more privileged for so many incentives that will be given by Bitcoin in years to come, however just like the name short-term holders implies that's how there vision is also short because they always lack the ability to see through on the potential future of Bitcoin and instead the only thing they saw is the possible way they can always take advantage, actually I wonder what it will profit an investor after knowing how important it is to hold Bitcoin but out of greed they sold there investment for Pinot and when the future will come for Bitcoin holders to rip what they have invseted, the Short-term investors will no longer have nothing but full of regret
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laijsica
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June 03, 2024, 01:44:27 PM |
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I am new to buying bitcoin to hold without being in a rush to sell and I can already agree with you on the risk not being significant for holding bitcoin for long. I know the fear and anxiety I was facing being a short term trader, it was draining me psychologically and most times I will sell and within few days regret why I sold so fast. The same with buying only to see the price go lower with a few days and I will be angry that I would have waited more. The possibilities of making mistakes with short time investment in bitcoin is just so high. Now I fell a bit relaxed and comfortable with bitcoin and even the spikes that do happen no longer bother me anymore. I don't even notice most of them because I no longer check the chat often unless when my money to purchase is ready, then I can look at the market and make an entry.
When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret. One of the main reasons for holding Bitcoin for the long term is that no one knows when the coin will go up or down. If hold for long term it will reach your expected level any time. Risks are relatively high in short term investments as Bitcoin is a sea of long term investments. One should not take investment decisions if one cannot go through long term planning as short term planning (trading) puts him at maximum risk of losing capital. Your overall investment success largely depends on the right planning direction and your achievement goals. All the investment distractions that may come your way require you to properly prepare to deal with them such as having plenty of cash/floating cash. The target level should be how much bitcoin you want to accumulate and for how long. Long time holding. In the long term, DCA planning allows you to increase the size of your Bitcoin stash while the purchase price dips for you.
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Mayor of ogba
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stead.builders
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June 03, 2024, 01:48:43 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Totally agree! It still depends on your preference because both are risky. But to simply answer the question, the best way to choose from these two is to identify your goals. If you are looking for a short-term goal, then I think it's better to do trading because there are trading which allows you to buy and sell assets within the same day, so this is the best pick if you are looking for a straight and quick profit. But if you want to head towards a long-term goal, then your best choice would be investing. Because as well know, in order to gain profits from your investment would take a lot of time. But if you know to yourself that you are able to manage things very well, I think the best choice would be choosing both because you can do day trading and investing at the same time. More risk, but with more potential income. Everyone has there choice to make some people can't hold for long like it or not that's the truth. However our responsibility is to educate the newbies on the advantage and disadvantage of the two side and allow them to pick you can't force them to do what you want. I'm not forcing any newbie to do anything. This thread is primarily for the discussion of how to accumulate bitcoin and hold it for the long term, not for the discussion of trading bitcoin for short-term profit. For you to say that we should allow newbies to make their own decisions about whether to invest in bitcoin for the long term or short term makes me feel that you are against long-term investment in bitcoin. Because there is no way you will want newbies to go into trading that will make them lose their money and also give them the false impression of not even investing in bitcoin for the long term. There are threads strictly for trading discussions; you can go to those threads and discuss trading there.
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lizarder
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June 03, 2024, 02:56:17 PM |
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Of course we can never compare the profit margin of a long term holder and a short term because holders are more privileged for so many incentives that will be given by Bitcoin in years to come, however just like the name short-term holders implies that's how there vision is also short because they always lack the ability to see through on the potential future of Bitcoin and instead the only thing they saw is the possible way they can always take advantage, actually I wonder what it will profit an investor after knowing how important it is to hold Bitcoin but out of greed they sold there investment for Pinot and when the future will come for Bitcoin holders to rip what they have invseted, the Short-term investors will no longer have nothing but full of regret I want to know in terms of certainty of bitcoin profits in the short term and how calculations can be carried out by relying on these consequences. Why many people prefer to hold and survive for the long term because there is hope after getting Halving. The short term is very risky for people who do not understand how to invest and sometimes even people who have understood it will also cause panic when the price is sideways and eventually try to decide the loss in these conditions. When understanding Bitcoin's journey, the big picture that appears in our heads about surviving and holding. But it is also important to think about how to continue to gather because it is without increasing the accumulation of purchasing assets we will not be maximized. Long -term patterns and accumulation are also important to compensate for the assets that we have continues to grow after getting the momentum of ATH.
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Yucky
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June 03, 2024, 03:30:49 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Totally agree! It still depends on your preference because both are risky. But to simply answer the question, the best way to choose from these two is to identify your goals. If you are looking for a short-term goal, then I think it's better to do trading because there are trading which allows you to buy and sell assets within the same day, so this is the best pick if you are looking for a straight and quick profit. regardless of your goal or preference, it's still not reasonable to trade Bitcoin most expecially if you consider it to be an asset that's worth buying. If you want to buy Bitcoin and sell it the same day, what's the sense in doing that? So if we assume that today Bitcoin started at $68k and closed at $69k, how much Bitcoin would you buy within the day and still sell it today to have suggested you've made profit? Regardless of how you try to paint it, Bitcoin isn't good as a tradable asset and the urge to sell your Bitcoin whenever you're in profit is just an indication that you're just a short sighted person that isn't ready for long term holding. But if you know to yourself that you are able to manage things very well, I think the best choice would be choosing both because you can do day trading and investing at the same time. More risk, but with more potential income.
I'm interested to know how you can trade your Bitcoin and still invest it by combing both trading and investing. Truth is that if you're a trader, you can't even do anything like investing because what trading does to you is that it shrinks your Bitcoin and keep reducing it at any moment you have a loss in your trading. There is nothing like being able to manage both trading and investing. If you're serious about making a reasonable investment, it's best you buy Bitcoin and hold it for the long term rather than trying to multiply your Bitcoin by risking it through trading. However our responsibility is to educate the newbies on the advantage and disadvantage of the two side and allow them to pick you can't force them to do what you want.
even though I'm a newbie on the forum, I know the basics on Bitcoin before even being active here and I have already known that trading is almost the same thing as gambling and it has never ended too well with me and so I don't even consider it an option. The advantage I have come to know about buying Bitcoin on a continuous timeframe and not taking out profit sonner than expected is that it gives me the knowledge that I'm not just eating all the things I'm earning at this moment and that I'm actually preserving a fraction of it for the future which still has a higher chance of doubling or doing above my expectations with time. Even if it doesn't get to my desired position, I'm still going to be grateful that I have at least invested into my future rather than gambling with it for the short term benefit and end up using the money all up.
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Tmoonz
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June 03, 2024, 04:06:02 PM Last edit: June 03, 2024, 04:45:55 PM by Tmoonz Merited by JayJuanGee (1) |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading.In as much as it is not a trading discussion thread and considering the fact that there are newbies coming to this thread as well, I don't think if your naratives about trading in this thread is welcomed and appropriate as this can be more discussed exhaustibly as much as you want in the trading discussion board, this is a Bitcoin long term investment discussion thread, but yeah any one can do whatever they like but the bitter truth must be told that Bitcoin is not a tradable coin but a coin that is best performed when view on a long term perspective as it gives you the peace of mind needed to grow your asset rather than trading that is very complex even to experience ones let alone the newbie as it is associated with emotional devastation , it is best you buy Bitcoin and hold for as long as possibly 4 to 10 years or more where you can have compounded value of your investment over period a of time.
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Bravut
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June 03, 2024, 04:12:53 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Totally agree! It still depends on your preference because both are risky. But to simply answer the question, the best way to choose from these two is to identify your goals. If you are looking for a short-term goal, then I think it's better to do trading because there are trading which allows you to buy and sell assets within the same day, so this is the best pick if you are looking for a straight and quick profit. But if you want to head towards a long-term goal, then your best choice would be investing. Because as well know, in order to gain profits from your investment would take a lot of time. But if you know to yourself that you are able to manage things very well, I think the best choice would be choosing both because you can do day trading and investing at the same time. More risk, but with more potential income. Everyone has there choice to make some people can't hold for long like it or not that's the truth. However our responsibility is to educate the newbies on the advantage and disadvantage of the two side and allow them to pick you can't force them to do what you want. I agree with you on the ground of everyone having choice and make decisions for themselves without interference, same time I can guarantee that the risk involved in Trading is weigh much with other emotional attachment and Time. But as an investor that is accumulating, holding for a long term already building emergency funds for 3-6 months this just keeps you in a position free from stress, risk exposure. I would not advice anyone to trade a volatile market like Bitcoin till they have a grounded knowledge because Trading cannot be simplified as when we Invest (accumulate and hold).
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jrrsparkles
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June 03, 2024, 04:24:31 PM |
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When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret.
Of course we can never compare the profit margin of a long term holder and a short term because holders are more privileged for so many incentives that will be given by Bitcoin in years to come, however just like the name short-term holders implies that's how there vision is also short because they always lack the ability to see through on the potential future of Bitcoin and instead the only thing they saw is the possible way they can always take advantage, actually I wonder what it will profit an investor after knowing how important it is to hold Bitcoin but out of greed they sold there investment for Pinot and when the future will come for Bitcoin holders to rip what they have invseted, the Short-term investors will no longer have nothing but full of regret Statistically it is proven that when you hold longer of any asset whether it bitcoin or stock or real estate the price is going to increase but we also can't deny that traders have different goal than long term investors. I would not say regret as long as short term traders make life out of trading crypto in short term but they also should analyze the market pattern and focus on long-term goals as well. A person should have an ultimate financial goal which most likely to make life changing amount and it's not going to be possible with short-term success unless we hit jackpot or win the lottery. So focus on increasing the portfolio value by accumulating coins using DCA method or whenever there is dip in market so they can make life from short term profits in trading and also can reap the benefits of long term HODLing.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Tmoonz
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June 03, 2024, 04:55:13 PM Last edit: June 03, 2024, 05:09:48 PM by Tmoonz |
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When a person invests Bitcoin for short term he has to go through various problems. If he is an experienced trader he can do well but there is no chance. Again, if inexperienced, there is a greater chance of losing. But if a Bitcoin investor plans for the long term, he will be safe from high volatility as well as have the opportunity to grow his portfolio by investing more Bitcoins. Long term investors get more profit than short term investors. Moreover, we know that everyone who held Bitcoin for the long term benefited. And those who made short-term investments they will regret.
Of course we can never compare the profit margin of a long term holder and a short term because holders are more privileged for so many incentives that will be given by Bitcoin in years to come, however just like the name short-term holders implies that's how there vision is also short because they always lack the ability to see through on the potential future of Bitcoin and instead the only thing they saw is the possible way they can always take advantage, actually I wonder what it will profit an investor after knowing how important it is to hold Bitcoin but out of greed they sold there investment for Pinot and when the future will come for Bitcoin holders to rip what they have invseted, the Short-term investors will no longer have nothing but full of regret Statistically it is proven that when you hold longer of any asset whether it bitcoin or stock or real estate the price is going to increase but we also can't deny that traders have different goal than long term investors. I would not say regret as long as short term traders make life out of trading crypto in short term but they also should analyze the market pattern and focus on long-term goals as well. A person should have an ultimate financial goal which most likely to make life changing amount and it's not going to be possible with short-term success unless we hit jackpot or win the lottery. So focus on increasing the portfolio value by accumulating coins using DCA method or whenever there is dip in market so they can make life from short term profits in trading and also can reap the benefits of long term HODLing. The honest truth is that some one that is very focused in accumulating Bitcoin for long term investment will definitely do more better than that those who are considering trading for short term profits and also buying Bitcoin to hold for long, reason being that you are channelling all your energy and the available resources being kept for investment in to one asset which will give you all the preparedness needed to grow your asset, it will be good to be specific when making reference to Bitcoin or probably talking about other coins than saying trading crypto, as it may mean Bitcoin and other coins whereas they don't have the same functionalities, we should always know that other coins performance solely depends on Bitcoin. But however, it has always been advised that no one should do more than 10% size of you Bitcoin in to other coins, if that is even necessary.
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Proty
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June 03, 2024, 05:24:42 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading.In as much as it is not a trading discussion thread and considering the fact that there are newbies coming to this thread as well, I don't think if your naratives about trading in this thread is welcomed and appropriate as this can be more discussed exhaustibly as much as you want in the trading discussion board, this is a Bitcoin long term investment discussion thread, but yeah any one can do whatever they like but the bitter truth must be told that Bitcoin is not a tradable coin but a coin that is best performed when view on a long term perspective as it gives you the peace of mind needed to grow your asset rather than trading that is very complex even to experience ones let alone the newbie as it is associated with emotional devastation , it is best you buy Bitcoin and hold for as long as possibly 4 to 10 years or more where you can have compounded value of your investment over period a of time. Investment in bitcoin should be for longer term and not short term ,there is no doubt about that but saying that bitcoin is not a tradable coin is something I don't understand. You can't buy when there is no seller and as long as buying and selling is taking place trading has occurred. You also said "Buy and hold" .before you can buy there must be a market where they are trading bitcoin (seller) and don't forget the name of this tread buy the dip and hold.before you buy the dip and hold there must be a market ,trader or seller who is willing to trade bitcoin with you. So it quite wrong to say that bitcoin is not a tradable coin. Rather you should have just pointed out the benefit of longer term investment to newbie.
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Tmoonz
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June 03, 2024, 06:11:30 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading.In as much as it is not a trading discussion thread and considering the fact that there are newbies coming to this thread as well, I don't think if your naratives about trading in this thread is welcomed and appropriate as this can be more discussed exhaustibly as much as you want in the trading discussion board, this is a Bitcoin long term investment discussion thread, but yeah any one can do whatever they like but the bitter truth must be told that Bitcoin is not a tradable coin but a coin that is best performed when view on a long term perspective as it gives you the peace of mind needed to grow your asset rather than trading that is very complex even to experience ones let alone the newbie as it is associated with emotional devastation , it is best you buy Bitcoin and hold for as long as possibly 4 to 10 years or more where you can have compounded value of your investment over period a of time. Investment in bitcoin should be for longer term and not short term ,there is no doubt about that but saying that bitcoin is not a tradable coin is something I don't understand. You can't buy when there is no seller and as long as buying and selling is taking place trading has occurred. You also said "Buy and hold" .before you can buy there must be a market where they are trading bitcoin (seller) and don't forget the name of this tread buy the dip and hold.before you buy the dip and hold there must be a market ,trader or seller who is willing to trade bitcoin with you. So it quite wrong to say that bitcoin is not a tradable coin. Rather you should have just pointed out the benefit of longer term investment to newbie. I completely agree with you but don't be in a hurry to forget that words can be denoted and as well being talk about based on a context, yeah you can denote trading in terms of an exchange between two or more entities or body, but contextually while considering Bitcoin investment in terms of long term perspective plan, trading is been considered to be a short term plan which aim is only to maximize opportunities for quick profits within the shortest time frame, and for me saying that Bitcoin is not a tradable coin is more like a way of emphasizing that Bitcoin is best performed when viewed on a long term perspective for a substantial overall return of investment rather buying to sell for a few dollars profits.
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Ruttoshi
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Baba God Noni
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June 03, 2024, 06:29:57 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading. What kind of preparation are you going to make in order to you to make more profit in trading. No matter your preparation it is not Goin to guarantee you profit because even professional traders run at big loss. Don't decieve yourself and sound as if everyone that learns trading will be a good trader and this is why I don't buy the idea of trading because of the high risk in bitcoin volatile nature. It is better that you take that out of your mindset and focus only on investing in bitcoin and increase you bitcoin overtime with DCA method which makes you to buy bitcoin weekly or monthly all the time. If you think that you can invest in bitcoin and trade at the same time, it will not be ethical because, after losing the bitcoin that you intended using to trade, you might start deeping hands into your bitcoin investment to take from there and trade with false hope that you will make profit and replace it, and before you know it gradually your bitcoin investment will depreciate in size or you lose it all. So this is why it is not ideal to think that you are smart enough to do both. Focus on investing and have a relax mind watching your bitcoin portfolio grow gradually, as long as you are doing the needful.
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red4slash
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June 03, 2024, 08:41:00 PM |
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Before we decide to trade, I need to gain enough knowledge about the trade. If I don't understand the trade well, I will never live up to the expectations that I have with the trade. But in trading, we must trade with the risk that is in the trade. Many times if we don't get success, then we lose the trade patience. Patience is very important. We must be patient before trading. If we can trade patiently, of course in the future. We will get success through trade. We always have to have a long-term plan. Sometimes we are in a hurry. We should not be in a hurry when trading. There are many people who trade, they are in a hurry, they think that they will become millionaires overnight, but it is not like that. Of course, you will gain money in trading, but for that, you need to be patient enough.
Indirectly we can conclude that in the end trading is no better and even very much more risky than investing so we don't need to think too much about trading because sooner or later you will also lose in trading so by seeing that switch to investing without having to look at trading. In addition, it seems that the discussion of trading will not be too connected when juxtaposed with the previous discussion because from the beginning we always discuss about investment not trading. I don't want to assume they are bad traders but indeed with your narrative we also actually need to realize that doing trading especially for those people who are new to bitcoin and just learning the investment system, it will indeed be misleading because in the end investing and trading are different things and cannot be put together in a discussion.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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Zackz5000
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June 03, 2024, 09:02:27 PM |
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Holding and trading in Bitcoin is very important.
Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.
I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading. Please try reading everything before you reply someone, if you read through you will see where I said hodling is the best and the safest when it comes to bitcoin investment. Trading is also good for some people and I know a lot of people making money from it even with the risk involved when you know how it works you can make money from it however as a newbie is advised to focus only on hodling to avoid losing your money. Even if some people are making money from trading bitcoin, it shouldn't be the subject matter so that newbies will not be distracted on their bitcoin accumulation journey and want to try out trading bitcoin for short-term gain because Smilevictorobinna said people are successful in trading. Do you know how much those people you are talking about lost in trading? They will not let you see the bad side of trading. Why will you want to adopt what will make you not to have peace of mind or time for yourself without doing anything for some time? In trading, you need to be actively watching and reading charts so that you will not lose money in trading. Even pros make mistakes in trading sometimes, which would make them lose huge money in trading. Just know that the money you get from holding your bitcoin for the long term will change your life story. Trading in Bitcoin is as easy as we think if it is well researched but it is not that easy because there is a lot to know and a lot of knowledge has to be followed by applying the right strategy and then using it properly. Some of us traders have this misconception that they will only buy one coin and when the price of that coin increases they will sell that coin and thus they will continue to profit. But the market does not change as easily as our plans or our expectations in reality. We need to study enough about trading and to study enough we need to acquire proper skill about trading and when we gain more skill about trading then we will be able to apply that skill and trade properly. Even if you trade many times with the right strategy and correct prediction, it can be seen that the trader is in loss because the market changes are undesirable. So instead of taking this issue so easily, we should definitely take this issue seriously and accordingly we should make preparations in advance and then start trading. Emphasing on studying more about trading is indirectly telling newbies or new investors that is into Bitcoin investment to focus more in investing for a short term profit which is not a good idea in Bitcoin investment. For it would have been better you say we need to study enough about buying and hodling Bitcoin for a longer time for it will be more beneficial to newbies. Trading in Bitcoin will only yield little profit and can be very risky too that is why Bitcoin investment is best sighted for a long term investment which will yield out more profit compare to short term. What you should have talking about is how investors will be able to accumulate more Bitcoin and HODL for a long time rather than studying trading for with your DCA method you can accumulate more Bitcoin in different interval either weekly or monthly as the case may be.
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FinePoine0
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June 03, 2024, 11:40:43 PM |
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Before we decide to trade, I need to gain enough knowledge about the trade. If I don't understand the trade well, I will never live up to the expectations that I have with the trade. But in trading, we must trade with the risk that is in the trade. Many times if we don't get success, then we lose the trade patience. Patience is very important. We must be patient before trading. If we can trade patiently, of course in the future. We will get success through trade. We always have to have a long-term plan. Sometimes we are in a hurry. We should not be in a hurry when trading. There are many people who trade, they are in a hurry, they think that they will become millionaires overnight, but it is not like that. Of course, you will gain money in trading, but for that, you need to be patient enough.
Indirectly we can conclude that in the end trading is no better and even very much more risky than investing so we don't need to think too much about trading because sooner or later you will also lose in trading so by seeing that switch to investing without having to look at trading. In addition, it seems that the discussion of trading will not be too connected when juxtaposed with the previous discussion because from the beginning we always discuss about investment not trading. Here is basically planning how to save long term holdings. Through conversations and discussions with each other we try to come up with the right deals and this helps in keeping the holding alive in the long run. Because Bitcoin is suitable for investment at any time but it is natural that it will suffer losses if it is dumped, but how to minimize this loss, the DCA method is tried to be used to the maximum. Because using the DCA method controls the average price of Bitcoin. This is why the only way we are comfortable holding Bitcoin at any price level is through this strategy.
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royalfestus
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June 03, 2024, 11:56:52 PM |
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Indirectly we can conclude that in the end trading is no better and even very much more risky than investing so we don't need to think too much about trading because sooner or later you will also lose in trading so by seeing that switch to investing without having to look at trading. In addition, it seems that the discussion of trading will not be too connected when juxtaposed with the previous discussion because from the beginning we always discuss about investment not trading. I don't want to assume they are bad traders but indeed with your narrative we also actually need to realize that doing trading especially for those people who are new to bitcoin and just learning the investment system, it will indeed be misleading because in the end investing and trading are different things and cannot be put together in a discussion.
Holding is the most profitable form of investment in cryptocurrency, but not everyone can or should hold. Trading has its place in the cryptocurrency market and should be encouraged and supported. Exchanges rely on daily trading for market manipulation and understanding the psychology of demand and supply. If trading isn't your strength, focus on what you believe in and let traders do their work. Ultimately, at some point, we all will be trading our coins.
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