Uhwuchukwu53
Member
Offline
Activity: 350
Merit: 44
★Bitvest.io★ Play Plinko or Invest
|
|
June 04, 2024, 12:34:22 AM |
|
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. Yes there is nothing wrong with trading but it's not advisable if you lack what it takes to go into trading, it best for those that are matured bin the system of trading I believe too well that in every system there where one can perform Best and there are system that is also made available to accommodate any kind of person weather full knowledge is required or not and this is no any than this investment aspects of accumulating and holding for long term the knowledge is required but not to be compare to trading, risk is involved here but not to that of trading, in my opinion it best that one first focus on what seem easy and simple before going into what seem difficult because not everyone can trade because that is the most critical aspects of investment as what you labour for years can be loss within a short period if one lack the knowledge. I would not like stress much over this because trading is not the call objective while we found ourselves here our objective is to invest buy buying and hold BTC using the DCA strategy for Long term purpose of nit less than five years.
|
|
|
|
tiCeR
|
|
June 04, 2024, 12:44:45 AM Merited by JayJuanGee (1) |
|
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. There is far too much black or white in your post. There are many important aspects to consider when someone decides to be a trader instead of an investor. It's as well a question of frequency and available time. Investing means you want to build a basket of assets or one asset at a time that you believe will increase in value in the long run. In trading you try to exploit swings in the market and you don't really care whether an asset goes up or down unless you are simultaneously holding the same asset you are trading because you believe in it. I suppose there are quite successful traders out there, but if it is not for luck, then it usually means they are putting in far more time than the average market participant. When someone calls themselves a trader, I have a well defined picture in my head how the activity should be looking like and executed. Clicking buy and sell a few times a day doesn't make anyone a trader. In my opinion it is someone who has more or less nonstop ab idea where the market stands, what information is to be expected in the near term and what has been said about an asset in the nearest past, whether there are rulings or laws about to be passed that could affect the price, has a deep understanding of economics, puts in effort to understand how the price of an asset can be affected by developments in other asset or debt classes. Some of the traders believe in technical analysis, which I think is mostly esoteric. It's not like sooner or later traders will lose. The issue is that many of the guys considering themselves traders aren't traders. I don't know what they are, but a trader earns that name through putting in the effort that trading is associated with. If someone decides to try and outcompete the market, then that is a lot of work to do and of course never comes with guarantees no matter how much effort you put into it. Though it is more likely that more effort leads to more success. Everyone here who has tried to outcompete the market in the past or is trying it these days should be honest with themselves. I remember when BTC had its first bull runs that literally everyone thought they are genius traders because no matter what they did, it couldn't go wrong - until the first serious corrections happened. Many then felt like catching a falling knife when it went from $20k to $3k and the reality is that those with a strict DCA plan outplayed 99.9% of so called traders. Maybe when there are these extended periods of sideward price movement, then trading might make sense for some here. But again, nobody ever knows whether the current sideward movement should be expected to be an extended period of sideward movement. You only know for sure in hindsight. Trading out of BTC believing it will drop 5% to then buy back into it can be and has been a costly mistake for many.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | |
|
|
|
laijsica
|
|
June 04, 2024, 07:23:50 AM |
|
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. Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, the value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan. Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding.
|
███████████████ D u e l b i t s ORIGINALS ►►► PLAY KENO [NEW] ███████████████ ◥ Dice ◥ Mines ◥ Plinko ◥ Duel Poker ◥ Dice Duels ███████████████ 10,000x MULTIPLIER | NEARLY UP TO50% REWARDS ███████████████
|
|
|
Ruttoshi
Sr. Member
Offline
Activity: 504
Merit: 403
Baba God Noni
|
|
June 04, 2024, 09:13:05 AM |
|
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. Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, he value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan. Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding. Based on the bolded part above, bitcoin value is not going to go to zero, this is because from history the price of bitcoin have been increasing overtime, and it has being presume that the odds of bitcoin value going uptrend is higher than down trend, and this is why you see that investors are hodling it for a long term and are also advising new investors to invest in a long term in order for them to benefit from bitcoin in future. This is why you see that institutions and individuals are busy stacking more bitcoin in their portfolio for the future. The only thing that might make bitcoin price go to zero, which I know that the odds is very slim is if the world is destroyed and therr is nobody in the world anymore to run the network, or a new technology is created that has great potential than Bitcoin, and everybody abandon bitcoin to adopt it, which no one knows how possible this will be.
|
| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
|
|
|
Roseline492
|
|
June 04, 2024, 10:26:49 AM |
|
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.
You seem not to really understand the work of DCA because i wonder why you would feel that DCA normally control the average price of Bitcoin, is totally not design for that purpose because DCA just as the name implies is just a strategy and not something that has the power to regulate Bitcoin, however the meaning of DCA is Dollar Cost Average and how it works is that you invest on Bitcoin using a certain amount to accumulate either on the weekly or monthly basis depending on how is suitable for you and is actually good as a begginner because you will not be worried about your Bitcoin investment since is for holding so all you will need is just to keep accumulating consistently.
|
|
██ ██ ██████ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ██████ ██ ██ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ██████████████ THE #1 SOLANA CASINO
██████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | [ [ | 5,000+ GAMES INSTANT WITHDRAWALS | ][ ][ | HUGE REWARDS VIP PROGRAM | ] ] | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████████████████████████████████████████████████ PLAY NOW ████████████████████████████████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ |
|
|
|
B2Z
Member
Offline
Activity: 84
Merit: 63
|
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. Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, the value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan. Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding. Of course you are right. Bitcoin is definitely different from all crypto currencies. But if we use Bitcoin properly we can definitely change our fortune by investing in Bitcoin. If we invest in Bitcoin in wrong place then surely we will not get much profit from that Bitcoin investment so we should be right. Time to use Bitcoin. There are many investors in Bitcoin who do not know much about investing who come to invest in Bitcoin they may not realize that they are too hasty and impatient to invest and risk losses. For him I would say before investing in Bitcoin he must gain enough knowledge about Bitcoin then he should invest in Bitcoin. I myself love to invest in bitcoin but bitcoin investment can definitely change our fortune if we can patiently invest with long term plan and check the market surely this bitcoin will help us to change our fortune very much. As you said sheet coin is more risky than bitcoin. Of course sheet coins are quite risky to invest in. So I will choose bitcoin over sheet coin or I will suggest someone else to choose bitcoin.
|
|
|
|
Rabata
|
|
June 04, 2024, 11:49:20 AM |
|
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. It is true that not everyone can hold because holding requires strong hands. However, I disagree about this saying that it should not be kept. If an investor holds bitcoins, especially if an investors hold bitcoin for long term then the holding will not have any negative impact. There is no denying that trading is a profitable business. But even if the experienced people are good at trading, the newbies will not get that opportunity. General investor needs to acquire knowledge on various topics before trading. But there is no question of holding that can be experienced or inexperienced. Everyone can not trade and make profit in this extremely volatile market. However, a holder does not lose in the long term even though nothing is gained in the short term by holding.
|
| . Duelbits | │ | | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | | 10,000x MULTIPLIER | │ | |
|
|
|
rachael9385
|
|
June 04, 2024, 12:37:10 PM |
|
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. (Correction please) Next time you say; before you decide to trade and not say before we decide to trade. And again, if you are looking for a place you could learn how to trade, it is wise for you to visit the board for trading because this is not a board that discusses trading. However, we can use trade as an example, but we can't discuss it, or advise someone to go in for trade with Bitcoin in this discussion. If you are going for trade, it means you are not in the long-term investment plans. In this discussion we will discuss how to invest in Bitcoin continuously with the help of the DCA method. When you are into trading, you won't be given the opportunity to buy Bitcoin regularly, because the thing a trader does is to buy if the price is low and sell when it's high, although I don't know about trading, but the little ones I know is that trading Bitcoin doesn't give a trader time and the chance to buy Bitcoin on a regular basis. One good reason why DCA is always recommended to everyone, both beginners and old-time investors, is that they don't need a lot of knowledge to start investing and applying the DCA method to their Bitcoin investment, but a trader needs to learn a lot of things before he/she can start trading and the trader doesn't need to remove his or her eyes from the market (price chart), but in investing, you only need to know how to buy and the best wallet you can store your Bitcoin (that's all) and you can buy then along the line you learn the additional things. There is nothing like applying a strategy called DCA on trading. It's only on investment that one can apply a DCA method. I like the fact that we are taking our time to discuss Bitcoin investment in this discussion because it can help crypto newbies to know the kind of ways they can use to accumulate Bitcoin and hodl for the long run. One can't continue a single trade for months or years without selling, but the DCA method can help you to continue your investing and accumulating for years if your source of income continues bringing money to you. Traders always put their eyes on the market so that they can know when to sell their coins, and the oneiest thing is that they sell everything at one time once the price is reduced. From all the comments above, we can see that investment is better and safer for anyone, and it also works perfectly when we apply the DCA method to it.
|
| █▄ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
|
|
|
avp2306
|
|
June 04, 2024, 01:20:29 PM |
|
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.
It is true that not everyone can hold because holding requires strong hands. However, I disagree about this saying that it should not be kept. If an investor holds bitcoins, especially if an investors hold bitcoin for long term then the holding will not have any negative impact. There is no denying that trading is a profitable business. But even if the experienced people are good at trading, the newbies will not get that opportunity. General investor needs to acquire knowledge on various topics before trading. But there is no question of holding that can be experienced or inexperienced. Everyone can not trade and make profit in this extremely volatile market. However, a holder does not lose in the long term even though nothing is gained in the short term by holding. Yeah not everyone can do that since not everyone has the same level of patience since for some people fear will always come up first since lots of people are afraid to lose. Although its understandable but it will be crazy if they didn't take action to learn more about what are those important to consider to succeed on their investment on bitcoin. Trading maybe out of this since that is just a total destruction and can change their belief towards what they are doing. Since once they lose for sure that their holdings might get affected since there are chance that they will pull out their funds intended to use for long term holding and use that for trading which is bad decision since it give them more risk and there are high chance for them to get broke with that. Holding is for all but its just people will always choose what they think the easiest way to earn that's why they always collapsed after that and been victimize by scam or lose thru volatility. So to erase this situation better get a good knowledge to know a lot about holding since this could able to give them more better chance to gain something in future.
|
|
|
|
Zackz5000
Full Member
Online
Activity: 266
Merit: 188
Bitcoin or nothing
|
|
June 04, 2024, 01:22:11 PM |
|
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. Hodling our Bitcoin investment for a longer period of time is most profitable depending on the amount of Bitcoin one has in his portfolio, but you should be specific when talking about coin to hodl for there are different coin in the crypto market so that some newbie or new investors will not think that you are talking about shitcoins or aitcoins and make them to go an invest in any of the mentioned coin or you want them to go and invest where you know it's not worth Investing in? Instead of Investing in potential coin like Bitcoin, it may even scare new investors that want to invest into Bitcoin to run away thinking is a scam investment because you have mentioned crypto unknowing to them that there is a legit one called Bitcoin because you were not specific about the coin. For it is good to invest in Bitcoin than investing in coin am not sure of because I know that aitcoins or shitcoins are not always reliable.
|
|
|
|
laijsica
|
|
June 04, 2024, 02:00:04 PM |
|
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. Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, he value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan. Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding. Based on the bolded part above, bitcoin value is not going to go to zero, this is because from history the price of bitcoin have been increasing overtime, and it has being presume that the odds of bitcoin value going uptrend is higher than down trend, and this is why you see that investors are hodling it for a long term and are also advising new investors to invest in a long term in order for them to benefit from bitcoin in future. This is why you see that institutions and individuals are busy stacking more bitcoin in their portfolio for the future. The only thing that might make bitcoin price go to zero, which I know that the odds is very slim is if the world is destroyed and therr is nobody in the world anymore to run the network, or a new technology is created that has great potential than Bitcoin, and everybody abandon bitcoin to adopt it, which no one knows how possible this will be. Yes mate Bitcoin is not going to zero it is understandable to everyone unless something unusual happens in the world. Before investing in Bitcoin, you need a steady stream of disposable income that you can continue to accumulate over a long period. @JayJuanGee often advises that Bitcoin can theoretically go to zero, meaning your investment or savings should be such that even if Bitcoin becomes worthless, it won't affect your day-to-day life. Therefore, alongside long-term Bitcoin investments, you must have plenty of floating cash.
|
███████████████ D u e l b i t s ORIGINALS ►►► PLAY KENO [NEW] ███████████████ ◥ Dice ◥ Mines ◥ Plinko ◥ Duel Poker ◥ Dice Duels ███████████████ 10,000x MULTIPLIER | NEARLY UP TO50% REWARDS ███████████████
|
|
|
Samlucky O
|
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. Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, the value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan. Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding. If we invest in Bitcoin in wrong place then surely we will not get much profit from that Bitcoin investment so we should be right. it seams your explanation is a kind of confusing, investing bitcoin in a wrong place ? if what you are trying to say Is that investing in an asset that is less volatile than bitcoin is a wrong investment then you are right. for now bitcoin is the most volatile assets that needs to be invested before considering other assets. Bitcoin is the top priority for every investor so we should take the accumulation process seriously. There are many investors in Bitcoin who do not know much about investing who come to invest in Bitcoin they may not realize that they are too hasty and impatient to invest and risk losses.
there is no such person. you are mistaken a gambler or trader for an investor. a true investor always have a motive of investing and HODLing for either a short or long period of time. those short time investors may range from 4 -10 years while the long term investors invest and HODl from 10 to 20 or 30 years. so it's only a gambler will jump into trading for a short term profit and fall into investing in some shitcoins and put the blame on bitcoin. some don't even know the meaning of BITCOIN. so next time when talking about Investment I think you should be specific in your analysis or emphasis. For him I would say before investing in Bitcoin he must gain enough knowledge about Bitcoin then he should invest in Bitcoin.
investing in bitcoin don't really need someone to have a master degree or some high school degree, what they need is to have the basic knowledge on Investment, I have said this often times and would not really need to explain often times. but since here is like a Barack where soldiers comes and go and Barack remain thesame, I will still repeat myself since JJG is not tired I will not also be tired of explaining. I myself love to invest in bitcoin but bitcoin investment can definitely change our fortune if we can patiently invest with long term plan and check the market surely this bitcoin will help us to change our fortune very much.
investing in bitcoin for a longer time is the main point, but don't include checking the market, because checking the market surely explain that you are a trader, because it's only traders that check the ups and downs of the market. As you said sheet coin is more risky than bitcoin. Of course sheet coins are quite risky to invest in. So I will choose bitcoin over sheet coin or I will suggest someone else to choose bitcoin.
better for you to invest in bitcoin than shitcoin. not really "sheet coin" as you spell it 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. There is no denying that trading is a profitable business. But even if the experienced people are good at trading, the newbies will not get that opportunity. General investor needs to acquire knowledge on various topics before trading. I guest you are making more references to Trading than investing in Bitcoin and I don't think it's ideal because it may surely be misleading. even though it is a reference, but it needs to be more of accumulating and HODLing than trading. 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. Hodling our Bitcoin investment for a longer period of time is most profitable depending on the amount of Bitcoin one has in his portfolio, not really the amount of bitcoin we have in our portfolio but the amount we have in discretion that can be used to buy Bitcoin on a regular DCA and buying when the price has dipped as a form of dip and HODL. but you should be specific when talking about coin to hodl for there are different coin in the crypto market
that's pretty right, he needs to be specific by talking about Bitcoin investment rather than not talking about it as if it has no direction.
|
|
|
|
fadhilz123
Sr. Member
Offline
Activity: 1428
Merit: 256
Vave.com - Crypto Casino
|
|
June 04, 2024, 03:19:04 PM |
|
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.
Saving and day trading on any exchange are two very different jobs and are not related. Because people who like to save Bitcoin will continue to focus on buying demand which sometimes they even forget about the price offer on any exchange. While traders will continue to focus on two analyses that always occur in the market including supply and demand so this must be viewed differently because everyone's desires are always different. However, for conditions like now I think it would be much better to continue to save than to trade it on an exchange, because everyone who still wants to save Bitcoin can still hope for more profit without having to sell it now.
|
|
|
|
Mayor of ogba
|
|
June 04, 2024, 03:44:34 PM |
|
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.
You seem not to really understand the work of DCA because i wonder why you would feel that DCA normally control the average price of Bitcoin, is totally not design for that purpose because DCA just as the name implies is just a strategy and not something that has the power to regulate Bitcoin, however the meaning of DCA is Dollar Cost Average and how it works is that you invest on Bitcoin using a certain amount to accumulate either on the weekly or monthly basis depending on how is suitable for you and is actually good as a begginner because you will not be worried about your Bitcoin investment since is for holding so all you will need is just to keep accumulating consistently. I think he wanted to say the DCA strategy will reduce the average cost of bitcoin and control the volatile part of bitcoin in our bitcoin investments. There's no need to explain what the DCA strategy is all about because he already knows how it works. Newbies and long-time investors benefit from dollar cost averaging because it helps them to build their bitcoin investment for a long-term profit, and it also helps newbies and long-time investors to stop chasing after short-term profit.
|
|
|
|
Sim_card
|
|
June 04, 2024, 03:47:09 PM |
|
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. Mate, this thread is not about trading of bitcoin but all about investing with the three strategies which is buying at the dip, DCA and lump sum in order to grow your bitcoin portfolio in a long period of time. So why don't you go to the trading discussion board to discuss about threading as most of us on this discussion are long term hodlers or have plans to invest and build our bitcoin portfolio to a certain level overtime, before we think of selling a little part. Your advice is not healthy for this thread and you should also know that it is not good to keep your funds in an exchange when investing so we only use exchange to buy and transfer to a cold storage wallet. If you are trading, good luck to you, and let we long term investors share healthy ways to invest in bitcoin and hodli for long in order to be successful. Hodlers don't give a fuck about what exchanges relies on, we only care about buying more bitcoin all the time.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Justinapeter
Jr. Member
Offline
Activity: 42
Merit: 10
|
|
June 04, 2024, 03:47:31 PM |
|
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. I mostly agree with this but in most types of trading (outside of crypto currency) fundamental information about the asset is much more important/valuable than mathematical models or technical analysis. With bitcoin, however, the market is extremely inefficient so both methods really aren't very reliable. The best way to trade bitcoin is to look at its fundamental value and decide whether or not you think it will rise or fall long term (like 10+ years out), and make decisions based on that. You can trade around your position using technical info, but your best bet is to hold long term if you are bullish. Almost nobody is going to beat the crypto market over a long period of time by making frequent trades based on either technical or fundamental data.
|
|
|
|
Greyhats
|
|
June 04, 2024, 05:31:32 PM Last edit: June 04, 2024, 05:46:51 PM by Greyhats |
|
Today we see Bitcoin going over 70k, we have been on a sideway run from the start of March to now. We saw a new ATH $73794 on 14 Mar, and have also seen some dips along the way. Anyone care to state how close they got to the dips over this period?
(Bitstamp USD$ prices on the daily chart)
20 Mar $60,760 17 Apr $59,629 01 May $56,500
From my own DCA data, looking at the lowest cost price around/near/on those dates I got corn at these prices:
March $62,000 April $62,050 May $57,033
I didnt do any dip buying, but did triple my dca amounts from May. How did you all do dca or dip?
|
|
|
|
Zackz5000
Full Member
Online
Activity: 266
Merit: 188
Bitcoin or nothing
|
|
June 04, 2024, 06:14:42 PM |
|
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. I mostly agree with this but in most types of trading (outside of crypto currency) fundamental information about the asset is much more important/valuable than mathematical models or technical analysis. With bitcoin, however, the market is extremely inefficient so both methods really aren't very reliable. The best way to trade bitcoin is to look at its fundamental value and decide whether or not you think it will rise or fall long term (like 10+ years out), and make decisions based on that. You can trade around your position using technical info, but your best bet is to hold long term if you are bullish. Almost nobody is going to beat the crypto market over a long period of time by making frequent trades based on either technical or fundamental data. Those that trade in Bitcoin only strive for lower profits because there aim is for short term plan and the risk involve in trading Bitcoin is much. For it better to accumulate Bitcoin and hodl for a longer time and to trade for mere pinunt, for our main concern here is how an investor can be able to accumulate more Bitcoin and hodl using the DCA method which will help accumulate more Bitcoin in different interval weekly or monthly after setting aside your emergency, reserve, and float fund just incase any unforeseen problem may arise one won't think of selling out his or her Bitcoin hodling , for Bitcoin is more profitable in the future when sighted for long term and not to be tradable for mere pinunt.
|
|
|
|
Justinapeter
Jr. Member
Offline
Activity: 42
Merit: 10
|
|
June 04, 2024, 07:24:08 PM |
|
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. I mostly agree with this but in most types of trading (outside of crypto currency) fundamental information about the asset is much more important/valuable than mathematical models or technical analysis. With bitcoin, however, the market is extremely inefficient so both methods really aren't very reliable. The best way to trade bitcoin is to look at its fundamental value and decide whether or not you think it will rise or fall long term (like 10+ years out), and make decisions based on that. You can trade around your position using technical info, but your best bet is to hold long term if you are bullish. Almost nobody is going to beat the crypto market over a long period of time by making frequent trades based on either technical or fundamental data. Those that trade in Bitcoin only strive for lower profits because there aim is for short term plan and the risk involve in trading Bitcoin is much. For it better to accumulate Bitcoin and hodl for a longer time and to trade for mere pinunt, for our main concern here is how an investor can be able to accumulate more Bitcoin and hodl using the DCA method which will help accumulate more Bitcoin in different interval weekly or monthly after setting aside your emergency, reserve, and float fund just incase any unforeseen problem may arise one won't think of selling out his or her Bitcoin hodling , for Bitcoin is more profitable in the future when sighted for long term and not to be tradable for mere pinunt. You are correct. However A lot of bitcoin investors mount unnecessary pressure on themselves for no reason. The reason we hold our coins is to make profits, if an investor feels that the value of his investment has appreciated and wishes to withdraw his investment with the profit, there is absolutely nothing wrong with it. He needed profits, he sold his coins when the price was high and he got what he wanted. How long you hold your coins is not a standard to know who is a better investor or not. Not all investors in the bitcoin family have same goal, while some have short term goals, others have long term goals. In both, the aim is to make profits though with different approaches. Not all will hodl for long but they will still enjoy the benefits of bitcoin. Those who put themselves under pressure to invest like the next person with a totally different goal might not enjoy their investments. Buy when the price is low and sell when the price is high, that is the golden rule.
|
|
|
|
Bravut
Member
Offline
Activity: 224
Merit: 42
|
|
June 04, 2024, 08:04:00 PM |
|
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. I mostly agree with this but in most types of trading (outside of crypto currency) fundamental information about the asset is much more important/valuable than mathematical models or technical analysis. With bitcoin, however, the market is extremely inefficient so both methods really aren't very reliable. The best way to trade bitcoin is to look at its fundamental value and decide whether or not you think it will rise or fall long term (like 10+ years out), and make decisions based on that. You can trade around your position using technical info, but your best bet is to hold long term if you are bullish. Almost nobody is going to beat the crypto market over a long period of time by making frequent trades based on either technical or fundamental data. Those that trade in Bitcoin only strive for lower profits because there aim is for short term plan and the risk involve in trading Bitcoin is much. For it better to accumulate Bitcoin and hodl for a longer time and to trade for mere pinunt, for our main concern here is how an investor can be able to accumulate more Bitcoin and hodl using the DCA method which will help accumulate more Bitcoin in different interval weekly or monthly after setting aside your emergency, reserve, and float fund just incase any unforeseen problem may arise one won't think of selling out his or her Bitcoin hodling , for Bitcoin is more profitable in the future when sighted for long term and not to be tradable for mere pinunt. You are correct. However A lot of bitcoin investors mount unnecessary pressure on themselves for no reason. The reason we hold our coins is to make profits, if an investor feels that the value of his investment has appreciated and wishes to withdraw his investment with the profit, there is absolutely nothing wrong with it. He needed profits, he sold his coins when the price was high and he got what he wanted. How long you hold your coins is not a standard to know who is a better investor or not. Not all investors in the bitcoin family have same goal, while some have short term goals, others have long term goals. In both, the aim is to make profits though with different approaches. Not all will hodl for long but they will still enjoy the benefits of bitcoin. Those who put themselves under pressure to invest like the next person with a totally different goal might not enjoy their investments. Buy when the price is low and sell when the price is high, that is the golden rule. Well said, everyone is entitled to there own opinion and choose in any form to go about there Bitcoin portfolio. The end game is profit, but also the end game can be regret after profit, we choose to hold long term because the yield cannot be compared to those who were present for short term without accumulating any considerable stash of Bitcoin. The end game for me is to continually invest in Bitcoin, reaching a maturity stage were I can be selling off anytime and still have more left, still accumulating too. Short term is never guaranteed or will it be a good approach, I know there are individuals or firms who accumulate in bulk, they can choose to sell anytime but would always have a reserve for long run.
|
|
|
|
|