does it really make sense trading on Bitcoin?

[niccolo_21]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

[boyptc]

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive to you.

[Bitcoin_Arena]

Everyone has his own strategy when it comes to crypto and other assets. Always choose to do what you feel comfortable with Traders and holders are all needed in the Bitcoin ecosystem. I do more trading than holding and I still get some decent returns when things go well.
Some people prefer holding crypto for months or years because they have no time doing technical analysis and carrying out those daily trades. So it all comes down to one's personal preference.

[DarkDays]

You shared your view about how you perceive crypto, holders or traders - fair enough. However, saying that holders follow the herd isn't particularly accurate as a person circumstance is different and maybe holding is the right thing for them. Or perhaps they don't have the time or skills to want to trade.

At the end of the day this is irrelevant. For a market to be stable and prosperous, you need to have a balance, and being a holder isn't necessarily bad and nor is a trader. These are just different strategies suited for different people - take your pick 

[stomachgrowls]

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive to you.

Nothing beats out and no other thing that would be satisfying if you do just follow your own rules and plans!

It doesnt matter if your a hodler or an active trader as long on what satisfies you then go for it.Dont mind with others sentiments or commentaries because

its your own money and you do have the full rights on how you would gonna deal with the market.If you do lose then its your lose not theirs.So its better to stick on it.

We do have our own ways and own paths to deal on.

[CaVO32]

You shared your view about how you perceive crypto, holders or traders - fair enough. However, saying that holders follow the herd isn't particularly accurate as a person circumstance is different and maybe holding is the right thing for them. Or perhaps they don't have the time or skills to want to trade.

At the end of the day this is irrelevant. For a market to be stable and prosperous, you need to have a balance, and being a holder isn't necessarily bad and nor is a trader. These are just different strategies suited for different people - take your pick 

What more can I say? Mind your own business, as boyptc also implied. And I guess, everyone should do that. It depends on your preferences how you will attack this market, either you can do your day trading or hold? You can also get profits from intermittent trading, however, patience is needed on this aspect. That's why some people prefer to hold because they have no time to subject themselves in this stressful activity. But if you can handle day trading, why not? Some can really accumulate more profits by doing this activity as compared to those that hold for long time.

[shield132]

Everyone has his own strategy when it comes to crypto and other assets. Always choose to do what you feel comfortable with Traders and holders are all needed in the Bitcoin ecosystem. I do more trading than holding and I still get some decent returns when things go well.
Some people prefer holding crypto for months or years because they have no time doing technical analysis and carrying out those daily trades. So it all comes down to one's personal preference.

They are both needed but I hate the culture of holding that turned into HODLing. People just save their bitcoins and don't touch it for months and even years, how good is that for bitcoin ecosystem? Imagine, you have a surplus of money and there are people who need it but you hold it and don't give it to users unless the demand skyrockets and price does the same, then you give away. Personally, I think that money and in this case, bitcoin has to be in massive circulation! I often say that and will repeat again. More holders is similar of being more banks that block the lending and deposit services.

[Kemarit]

Everyone has it's own preferences here, others maybe a bag holder, then there are group of people who loves to trade bitcoin, others look at it as reserve assets, store of money or even currency. So everyone is very different, as bitcoin is a decentralised system so I would say that there are no right or wrong. As long as you are making money here then you are good to go. No need to hate certain group as it is their call.

Gold is different though, it is centralised and we might say that majority are in the government's control.

[MusaMohamed]

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

They did to make decisions. If they did not make decisions, they did not spend money to invest in bitcoin. The process of decision-making is different between them: some made due diligent investigation and research, some simply decided to invest after hearing about bitcoin, reading about it and have strong belief in the future of bitcoin.

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

Some blindly investors are luck if they chose bitcoin. However, I don't know those guys actually care much about bitcoin and back up their private keys in right methods or they already lost their private key and bitcoin. Many bitcoin was lost from early adopters.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

The fixed and finite total supply, the 4 year cycle of block reward halvings, the total lost bitcoin and the future adoption growth will do help bitcoin has exponential growth in price. Let's think beyond all those things, bitcoin changes the world with its idea, and blockchain technology. That is the most important contribution of bitcoin to the world.

Trading is for two types of people: gamblers who don't know what they are doing, don't aware of risk, and are not able to manage risks. The second type is professional traders who manage risks and capital perfectly and they are the winners on the market.

[Johnyz]

We cannot pleased everybody and we should always mind our own business everyone of us here, have a different goals and plans with Bitcoin. If they are holding Bitcoin for years now then so be it and if they continue to trade every, then that's a risk they are willing to take.

I started to learn Bitcoin since the last bull market and from their I focus on how to create my own strategy and practice myself on how to ignore the noise of the market, so far this is very helpful to me especially on handling my emotions.

[mk4]

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.

Holding and not trading is a decision in itself.

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

With that argument, investing in businesses through stocks shouldn't be called "investing" in your view? Just because you don't have any control over it?

"Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit." - Investopedia

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

It's not scarcity alone. It's scarcity, while knowing that there will still be future demand for it.

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

It's one thing to disagree with the "plan-b" stuff, but why do you hate holders though? Just because they have a different world view as you? Being a holder doesn't automatically mean you believe in Plan-B's stock to flow ratio.

[maxreish]

Different styles with different btc enthusiasts.
Some just wanted to hold btc for a long time because it is more easier than doing some technical analysis, volume charting monitoring, etc. However, everyone has a one goal that makes sense. Whether you hold btc for long term or you trade it, we all are aiming for "a good profit".

I, myself prefer long term trading now rather than doing margin and swing trading. And whatever path a trader may choose, the essense of doing it right to accumulate profits is more significant

[TitanGEL]

Everyone has it's own preferences here, others maybe a bag holder, then there are group of people who loves to trade bitcoin, others look at it as reserve assets, store of money or even currency. So everyone is very different, as bitcoin is a decentralised system so I would say that there are no right or wrong. As long as you are making money here then you are good to go. No need to hate certain group as it is their call.

Gold is different though, it is centralised and we might say that majority are in the government's control.

Just focus on what you want, you cannot force yourself to do trading if you do not have good skills in technical analysis. I'm a holder before but I switch to become a trader because my character doesn't suitable for holding anymore where I do not have more enough patience. Trading is good as long as you have good planning because it is more complicated when it comes to holding where you just need to have a lot of patience and self confidence in order to do it. Do not misunderstand that holding is easy because it also requires planning and risks management in order for you to successfully do it. You can do both of it but my advice is just choose one because mastery is important and you can become more profitable if you will focus in one area.

[Wexnident]

To each their own I guess? And if you were to start comparing it with gold, I guess we can start with how Gold is initially back then, even when we were still using it as a way of payment itself back in the old ages. Just looking at that, you can see how gold has developed its own market in decades, maybe even centuries (idk, i never studied gold history), where as Bitcoin is only a decade old. Not to mention that people quickly realized the value of Bitcoin as a currency, which is probably why the price fluctuates so much.

And at this point really, even if you hate hodlers, you can't deny the fact that well, they were right. Hodling, so far from the decade that Bitcoin has existed, is a decision that is worthy of its own praise, whether it was done willy nilly, or with a plan in mind. At this point, no one bloody cares why you made that decision, people would most often care about what happened as a result of that decision.

[onecall123]

There will always be options to make profit going through with trading. It’s all about setting your goals, and make a strategy, and then go for it. It ups to you which strategy suite to you. Some feel comfortable with long term positive where others busy with making profit by shorting Bitcoin. It makes lot of sense trading on Bitcoin until it give you regular money, everything co-related with making money and you're FREE to pick any roads.

[cryptoaddictchie]

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

Thats up to you and I can see that you are an open minded guy. But these people tend to hold wanted the same thing as for everyone. Gain profits in the long term, its quite working if you buy btc during March Crash, you already have 6x of what you invested. Not bad by simply holding and ignoring the ups and downs of it.

I didn't owned a lot of bitcoin since I prefer to hold others than this, but I am fully confident that bitcoin will do good in the long term perspective.

[cabron]

Its not just the scarcity that's the power of BTC, its the security of its blockchain that is why there is a good value to it. Th volatility of price is just exactly a good reason why you want to trade BTC because it gives you the opportunity to earn from there. Its a double edge sword though. You may earn fro it but it could also turn against you and lose money when trading.

[michellee]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

This point gives you the ability to trade better from time to time. You can improve your skills in trading and you will have the opportunity to make a profit.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

The holders do not just hold their bitcoin for a long time because they sell their bitcoin to make a profit. But we don't know how many bitcoin that they already sold. Besides selling their bitcoin, they also accumulate the bitcoin by buying more every time the bitcoin price is down.

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If you don't know anything about bitcoin, you don't have to invest in bitcoin, and you can select the other investment that you know, so you are not worried about "something that you can not control."

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

Even if bitcoin price will push its value to a high price, it doesn't mean that the price can not down for a long time because we already have seen the bitcoin price in the lowest price from a few years ago.

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

If you think that gold can satisfy you on the investment side, you should follow other people's suggestions to buy gold from now on and leave bitcoin just what it's like.

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

That will be up to you if you hate holders, but that is the fact that in crypto, some people already have bitcoin from a long time ago, and they have a huge bitcoin amount that we don't know who they are. But they can not do whatever they want related to bitcoin price because many crypto markets that traded bitcoin right now.

[bittick]

Well, the holders who accumulate for the time being is kinda proven to be true when they said that the price just gonna increase no matter what (i mean at the moment) and for whoever holding the bags from decades ago until recent month has got their time and effort paid off considering the price of btc right as of now.
Becoming trader is not wrong either, you can make as much if not more profit within shorter amount of time it required just do whatever pleases you.

[Dollar_Hunter]

why do you ask like this? Bitcoin trading makes a lot of sense, if you compare it to Gold it will be the same,
even though Bitcoin doesn't have a physical, but Bitcoin has demand and supply, of course this makes bitcoin trading make sense,
enjoy this process, it's not the stone age anymore! this is a age of technology, everything makes sense mate.

[exstasie]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I can think of a couple reasons.

It's worth trading if you're confident you can increase the number of BTC you own. That simply compounds the gains from holding.

There are also plenty of people out there who are more concerned about protecting their trading capital (in USD terms) than whether or not they lose coins. Those people will hold USD as a hedge sometimes and will probably lose coins over time. To them, it's worth it to not have to ride out Bitcoin's infamous shakeouts and crashes.

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

I can sympathize. And yep, we're definitely in a phase where it'll pay off big to hold.

[AakZaki]

<snip>

What makes you unbelievable and unreasonable, the real evidence around us is plentiful. As long as there is consensus and confidence in the value of digital currencies, this trade will continue. Maybe you need to dig deeper into the initial process of bitcoin so that it can be trusted and traded. Regarding scarcity and price, this is the same as many people believe, when the demand for Bitcoin is increasing but this is not accompanied by an increase in stock because the supply of bitcoin has been determined by its creator and cannot be increased.

[boyptc]

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive to you.

Nothing beats out and no other thing that would be satisfying if you do just follow your own rules and plans!

It doesnt matter if your a hodler or an active trader as long on what satisfies you then go for it.Dont mind with others sentiments or commentaries because

its your own money and you do have the full rights on how you would gonna deal with the market.If you do lose then its your lose not theirs.So its better to stick on it.

We do have our own ways and own paths to deal on.

Yes.

If someone does make it look bad that others do and they don't hurt nor scam others, what's wrong looking at them if they do no harm to people and they enjoy doing things such as holding.

There's nothing wrong with that but it's best if you have found a strategy that will make you happy and profitable.

[niccolo_21]

thanks for your answers, and please let me articulate better what I think.

Have you ever visited a symbolic place BEFORE the social networks came up?

Like, I don't know, eating a piece of the famous cake with your wife at the the Sacher hotel's restaurant in Wien; or taking a walk along the Adrian Wall in Scotland or I don't know finding yourself in a spot in some city where some important or historical picture has been shot and suddenly realizing that you are there, in the very same place?

All of this, any of this, could feel unique especially if you do that with someone you love in your life.

Now, try and do that NOW, now that social networks have completely eaten everything. No stone has been left unturned: that feeling of uniqueness, of discovery is truly always harder and harder to find, because everyone can "reach" anyplace and anything and make it "social", "trendy", trivial.

And this is the point: when you watch them taking selfies, let's say in a place that you discovered with your own efforts (or with your own casuality) you think to yourself: how can they consider themselves UNIQUE if they are doing something so common, so predictable, so "social"?

That's it. That's the exact same question that I have when I think (and read) about holders, or better said HODLERS.

They like to think themselves as someone who is going against something: against the system, against the herd, against the institutions, against the banks.. but they are all the same: they ARE THE HERD..

They are exactly like tourists with your special places on the social networks, with all their passwords and hashtags: #planB, #StockToFlow, #disrupting, #shortthebanks, #neworder ecc ecc

When, let me say that again, all they really want is just a piece of the pie. Like anyone else, like you and I.

And what I have learned from the market is that herds are usually punished.

My sadness, my disappointment was just may be having to realize that this time being herd pays off.

That's all

[MCobian]

You can't blame other people for having a different strategy, everyone must have a different strategy in generating profits.
Please just use a strategy that is considered comfortable to be used by each person, and it's best not to hate other people
who have different strategies. So the freedom of everyone to choose to be holders or traders, I think both crypto holding
and crypto trading are profitable.

[Quidat]

You can't blame other people for having a different strategy, everyone must have a different strategy in generating profits.
Please just use a strategy that is considered comfortable to be used by each person, and it's best not to hate other people
who have different strategies. So the freedom of everyone to choose to be holders or traders, I think both crypto holding
and crypto trading are profitable.

We do have indeed our own ways and i cant really see the point on why there are people who do have this kind of mindset where they do criticize
on what are the ways or methods on other people been using on their trades neither they do held up or simply making active trades.It doesnt really
matter because it would really be on different method and as mentioned we do have our own ways and also it doesnt mean that it does work for you
it would work into others or it do works for them but doesnt work on you.So its just normal for us to seek out on what do suit out and profitable for us.

[Sled]

If you keep yourself doubted about the capability of Bitcoin, you'd better not use it instead.
The majority of traders are using this coin and they don't seem to have regrets instead of seeing them become profitable. In fact, this is my first choice when I come into trading and I'm not wrong in choosing this. And one reason I choose Bitcoin because of its high volatility, which I think that it is more profitable than those less volatile coins.

[Cherylstar86]

<snip>

What makes you unbelievable and unreasonable, the real evidence around us is plentiful. As long as there is consensus and confidence in the value of digital currencies, this trade will continue. Maybe you need to dig deeper into the initial process of bitcoin so that it can be trusted and traded. Regarding scarcity and price, this is the same as many people believe, when the demand for Bitcoin is increasing but this is not accompanied by an increase in stock because the supply of bitcoin has been determined by its creator and cannot be increased.

That's the reality of bitcoin in the first place and we can't scrutinize it's capabilities, and I think OP's statement was due to his frustrations. Most probably he's been trading bitcoin without proper knowledge about, buying while price was too high can affect every desire once the price won't pump. Patience is very important to develop good skills towards trading, and on my own opinion everything make sense about bitcoin. Let's be thankful for the holders who remains faithful for such a long time, despite of many challenges.

[Rengga Jati]

You don't need to hate the holder for any reason, because this is the choice. And holders also don't hate traders, because this is also their choice. Both holders and traders can make their respective contributions to the development of crypto. So there is no need to worry about what the holder wants. They have their own strategy. And maybe, the holder is a trader. He can be both at the same time. Because this is a strategy, a strategy to win something, to get profits according to your wishes and targets.
So why bother thinking about them?

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive to you.

I love how you immediately say this. Mind your own business so that you can be more focus on what you do, not what the other do. 

[Mrengage]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

BTC is not always stable hope u know, I presume you try using USDT pairs and see the difference. IMO, few traders I know used usdt pairs when I asked they said they like it most because BTC doesn't affect it when it's dipping and USDT is a Fiat not crypto.

[XZERO1]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

I think it should be no wonder that people are different and so are their strategies on making money off the market, both sides have their own reason for doing it that way and not the other way, long-term investors doing just that because they deeply believe what they bough is really undervalued right now and 2-3x is not enough return for them and they're willing to gamble and wait longer until they think it's at the right value(price), on the other hand traders don't pay that much attention to the fundamental and future potential or even if they do they just don't care much about it and they're not going to wait that long and risk losing money because they're in it for the short-term return.

But over all in my opinion the best strategy would be to be invested in some coins/tokens long-term and on the side make some shorter-term trades as well, that way you have the both sides, and you're minimizing your risk exposure and you're not missing out on any possible profit coming from either strategy.

[davinchi]

Obviously people will have different opinions on how bitcoin should be treated, some may hold it, some may trade it, some may work to earn it while some may spend it on stuff instead of see it as a way to profit. Everyone can look at bitcoin differently, it is not really something we need to be decisive about, there is no "best" way to look into bitcoin and use it, doesn't matter how you do it, as long as you are in the crypto world and you are playing a part in growing it, that would mean that you are doing a good job for the whole crypto community.

Only people who are not doing any favors here are the type of people who constantly spread FUD about how bitcoin will be gone one day. Those people who spread doom on bitcoin are both useless because we are doing awesome, but also hurtful if they are ever successful.

[usekevin]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

I think it should be no wonder that people are different and so are their strategies on making money off the market, both sides have their own reason for doing it that way and not the other way, long-term investors doing just that because they deeply believe what they bough is really undervalued right now and 2-3x is not enough return for them and they're willing to gamble and wait longer until they think it's at the right value(price), on the other hand traders don't pay that much attention to the fundamental and future potential or even if they do they just don't care much about it and they're not going to wait that long and risk losing money because they're in it for the short-term return.

But over all in my opinion the best strategy would be to be invested in some coins/tokens long-term and on the side make some shorter-term trades as well, that way you have the both sides, and you're minimizing your risk exposure and you're not missing out on any possible profit coming from either strategy.

Traders will be two different type.One type of trader is short term traders.They are margin trader, will sell their in short term with the minimum money as a profit. Only experienced people will get into long term trading.Because they will have huge believe on bitcoin and they will hold the bitcoin till the price of bitcoin had reached maximum value.

[ScamViruS]

If you keep yourself doubted about the capability of Bitcoin, you'd better not use it instead.
The majority of traders are using this coin and they don't seem to have regrets instead of seeing them become profitable. In fact, this is my first choice when I come into trading and I'm not wrong in choosing this. And one reason I choose Bitcoin because of its high volatility, which I think that it is more profitable than those less volatile coins.

You will never succeed in that thing unless you stop doubting it. Most of the traders who come to crypto trading prefer to trade bitcoin. But everyone has their own way of accepting something so it is better to leave it to them. I trade bitcoin to increase the amount of bitcoin I hold, so the more volatile the market, the more ways for me to take a position in the market. So it would be better if everyone took everything in their own way.

[boyptc]

~snip~

Thank you for sharing what you think about holders. It's your thought and opinion so that's it. But as I've said, it is what it is and we can live peacefully without minding others business.

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive to you.

I love how you immediately say this. Mind your own business so that you can be more focus on what you do, not what the other do. 

Exactly.

[Fredomago]

If you keep yourself doubted about the capability of Bitcoin, you'd better not use it instead.
The majority of traders are using this coin and they don't seem to have regrets instead of seeing them become profitable. In fact, this is my first choice when I come into trading and I'm not wrong in choosing this. And one reason I choose Bitcoin because of its high volatility, which I think that it is more profitable than those less volatile coins.

You will never succeed in that thing unless you stop doubting it. Most of the traders who come to crypto trading prefer to trade bitcoin. But everyone has their own way of accepting something so it is better to leave it to them. I trade bitcoin to increase the amount of bitcoin I hold, so the more volatile the market, the more ways for me to take a position in the market. So it would be better if everyone took everything in their own way.

Well said! If you want to see yourself succeeding then stop doubting, it won't help you instead of doing that why not begin to do your deeper research, keep adding knowledge to yourself, it helps to open your mind to plan ahead of time. You have to keep competing this venue of investment is open for everybody.

Different strategy in hope with single goal to achieved, no one invested here and  think of losing it and letting their hard-earned money to waste for nothing, we all here with the same thing in mind. Maximized everything to enjoy all the benefits.

[militiariko]

It is actually convenient trading bitcoin especially when you focus on a single exchange, buy low then sell high, taking profits at every strides. It is easy because you get to study, monitor and check price alerts only for btc pairs. With consistency, you can take profits well

[wxa7115]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

Of course it still makes sense to trade bitcoin, and the reason for that is very obvious, let us suppose that there is a long term holder that is only holding one bitcoin and the price of bitcoin grows 10 times its current price but despite that growth he still has only one bitcoin, the price of his bitcoin has increased but the number of bitcoins he is holding has not.

But as a trader supposing that you have a way to profit from the markets you will end up with more bitcoin in your wallet which will increase your profits in the case you are in the market during the time in which the movement that we describe in the paragraph above happens, a trader will always be more profitable than a long term holder as long as he knows what he's doing, but people love holding bitcoin because it gives great profits with no effort and in a very short amount of time.

[Boov]

It is actually convenient trading bitcoin especially when you focus on a single exchange, buy low then sell high, taking profits at every strides. It is easy because you get to study, monitor and check price alerts only for btc pairs. With consistency, you can take profits well

Yeah, we really can take profits but without having a strong foundation on your knowledge I am not confident that we're going to make it successfully. Convenience in trading comes after hardwork and there's no easy task in real world, everything comes with challenges and efforts for us to reach our dreams to gain good amount of profit on trading.

[Janation]

It is actually convenient trading bitcoin especially when you focus on a single exchange, buy low then sell high, taking profits at every strides. It is easy because you get to study, monitor and check price alerts only for btc pairs. With consistency, you can take profits well

That still depends.

Does that person have that time to be able to check price charts and exchange so that he can take advantage of the changes that are happening? Does he know that it is a falling point or an increasing point so he can decide whether he will invest or ge will sell it? It is hard and if that person didn't know that, he will regret it.

[Salauddin1994]

Bitcoin may be a good currency to realize within the market trading for other currencies is risky but bitcoin trades within the true sense and is far safer to exchange both investment and trading methods are employed by traders and investors within the hope of monetary gain. How you create good money depends on the person trading may be a short term buying and selling process merchants buy goods or currency or anything for a brief period of your time and sell it with good profit stop loss is a crucial factor to stay in mind if you're in danger of trading.

[sana54210]

Trading has the positive sign where you can buy and sell at the right times to make more money, buy it at 6k and sell it at 12k and buy back at 9k and sell it at 16k and buy it back at 14k and sell it at 18k, and you made a ton of profit, whereas another person who bought at 6k and sold at 18k made a profit but not as much as you did.

However the difference in trading and holding long term is that that guy just bought at 6k and hold at 18k, and you might just sell at 14k and have to rebuy at 17k instead, so you lost some profits, you could maybe buy at 14k and sell at 11k when you think it will continue to go down. Long story short traders can make either more or less profit than holders, traders are the ones that are taking that risk instead of going the safe route.

[Reid]

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.

Do you really think it's that easy to control the urge to sell?
It's always a mental fight when you are a holder.
You know you have the funds and yet you cannot even decide whether to sell it or not.
Letting it rot or sell it for a possible increase in the number of bitcoin to be held after buying back at a lower price.
I'll tell you, they always have that deciding moment in their life whenever Bitcoin is jumping up.
There are times it won't even let you sleep or dream about it by thinking too much.

[Kelvinid]

Of course YES!

We have this for more than a decade and that was proven already. It can't be just more on questions and talks (positive and negative).
Traders can justify this but not you if you are not trying this. So I encourage you to make a trade and to know how it makes sense and for you to know that Bitcoin is worthy and profitable.

But before deciding to take the risk, make yourself ready for the possible losses as trading can't be good all the time.

[santiPOGI]

My answer is yes! because for me Bitcoin is the main coins that I need to hold for 2 to 3 years from, were I am very
willing to wait on that period of time. Besides, whatever plans of the other community here in crypto space, We don't
mind them due to in vice versa they don't care about us here also just as simple as that.

[Inkdatar]

Everyone of us has its own ways on how we can handle our assets in bitcoin. We cannot urge others to sell since it's their options to make profit. It's their trading journey and even some accumulate more of bitcoin is they are making a good decision just like these days which price is increasing. However, trading on bitcoin does really makes sense as long they are earning profit and getting good benefits from it.

[BTCappu]

Bitcoin is still at its early stage and a lot of people are just rushing in to make money from it.

No matter how long it takes, I don’t think anything is going to change from Bitcoin being a method of transaction, even if it reaches to an extent where it gets dumped and drops to $1, a lot of people are still going to continue making use of it in sending and receiving their money, a lot of companies are still going to use it in making payments, it’s not everyone that only has plans to be using it for investment.

Even now there are people who are not investing in Bitcoin but are just using it to send and receive money.

[niccolo_21]

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.

Do you really think it's that easy to control the urge to sell?
It's always a mental fight when you are a holder.
You know you have the funds and yet you cannot even decide whether to sell it or not.
Letting it rot or sell it for a possible increase in the number of bitcoin to be held after buying back at a lower price.
I'll tell you, they always have that deciding moment in their life whenever Bitcoin is jumping up.
There are times it won't even let you sleep or dream about it by thinking too much.

you are right, that was clearly -and expressly, purposefully- overstated of me.

I know the turmoil you are talking about which of course also traders have especially with large sums, even if they are not beginners anymore.

May be when I say holders, I should probably say permabulls: those who incite themselves for every new high on social networks like if they were some sort of secret society against the rest of the world .. that is the target of my invective.

The point I was trying to make is something different as you can guess: for some accumulating is just a way to avoid making any decisions; it's just a way to keep telling themselves that bitcoin will always rise no matter what. Against the institutions, against the banks ecc ecc I already explained how I see this

So my point was: usually markets prove wrong these kind of approaches, I was just asking myself if it happens again before flying to 50k and making all these conspiracy theorists "rich" and happy

[darewaller]

There tons of people who keep trading on bitcoin and make a lot of profit, which shows you that it does worth money to trade bitcoin. Nobody says it is guaranteed income because we are the pirates of finance world and it will be risky to go against the system, but times like this are the times when we make our riches and that is why we are in it.

Some people get in during bad times and leave before seeing the good times and things are sad for them, they could be upset, I have seen a lot of people say "it went up right after I left, I am unlucky" and so forth but the reality is they are not patient enough, if everyone waits enough they can make a profit trading. Only thing here you should be careful about is time, if you give trading enough time you will make a profit.

[imstillthebest]

why hate the hodlers when they are right.
  price of btc really grow and them as a hodler they earn too but there are hodlers that are not smart , they should be the hodler that you must hate because they dont know what they are doing and they loose the more the they think they can earn .
in trading , trading make sense if you earn from your trades and you do trading because you have plans for your life but if non of these are the reason why still continue trading ?

[ethereumhunter]

Trading on bitcoin makes sense because, with the volatility of the bitcoin price, you can make a profit that we want it. When the price is down, you can buy it and wait for a while, and after the price is up, you can place your order to sell to make a profit. But if you are not confident with your skills, that will be no problem because after you can buy bitcoin at a low price, you can hold it and don't do anything if the bitcoin price does not increase more than 10%. If the price can reach that, you can sell it and make a profit.

[ChrisPop]

Hodlers are long-term investors. Traders buy low and sell high more frequently than investors in order to make a profit. In a way traders bear a lower risk as they do not hold a position for extended periods of time, but they get in and out of the market depending on their strategy.

So to answer your question: YES! It does make sense trading on Bitcoin if you know what you're doing.

[Cryptoababe]

For me, thebest thing and what really makes sense is to trade on btc.
With trading you can earn more btc and vise versa.
Holders have thier own reason. Because traders can lose all funds while holders will never loose all thier funds but can only get value reduced..

[konflikkastil]

I think the best coin to be trading with right now is BTC, if you have been trading btc for almost a year now. You will agree with me that you would have made so much money with this pump in Bitcoin almost every month. If you have one btc a year ago, which was around 5-8 thousand dollars. You will have close to $20,000 dollars now. Trading the best entity is the key to making it big in this market. I want to tell you now categorically, that trading with Bitcoin is the best.

[iamsheikhadil]

I don't think investing in other stuffs and investing (holding) of Bitcoin are opposite. You can always sell your shares of a company. Surely, the growth of the company is not what you can control, but you know the motive of the company, and you have complete control on your own purchased shares. Similarly, if you hold Bitcoin, you are taking a pie, sure but you are also "believing" in its bright future without the ability to control its growth which is really an investment

[Genemind]

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive for you.

Focus on earning and learning more about trading. We all have our strategies and so as other holders. We're accountable for our choices and our decisions in trading. You can't rely on other's strategies and decisions because you're the one who is responsible for your investments. Just set your own target and gain a good profit once you reach it. Don't focus on others' goals.

[goldade]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

If you are successful with trading bitcoin, then it doesn't matter what others do. I'd only consider what others are doing to make the most of the opportunity if I'm not successful in my trades.
Just as you consider and believe that trading is a strategy or way to actively make money, many others believe it is too risky and shouldn't be embraced and as such they resort to hodling.
I'd say you focus on what you know how to do best, which is trading in this case, and mind whatever happens with others.

[Lanatsa]

Don't mind others' business.

Just mind yourself and how you'll deal with this market. If your sole plan is to do the same as holders, you can follow each step that they do.

But if you don't like them, then dollar-cost average or trade or whichever strategy you come up with. Satisfy yourself which is productive for you.

Focus on earning and learning more about trading. We all have our strategies and so as other holders. We're accountable for our choices and our decisions in trading. You can't rely on other's strategies and decisions because you're the one who is responsible for your investments. Just set your own target and gain a good profit once you reach it. Don't focus on others' goals.

Having some goal in earning is good but when you are just starting on this field then it would be more worth or ideal if you do focus on how to sustain yourself into the market.

Minimize mistakes as less as possible and with that then you can really expect that you are pretty doing well and profits would come next in line.

Who the hell will be saying that trading Bitcoin isn't really worth? If we do base up on the liquidity and its future potential market price then theres no doubt

that this one is really something or worthy of your time and money to put on but of course always thing off that theres always some risk.

[Yatsan]

We all do have different perspectives leading us on different strategies on how we deal on certain circumstances that the market is giving us for we are working on a very volatile market. Now it really makes sense for us to trade with Bitcoin for we are working on it years since then. You will see its sense and relevance if you have the same experience and have already learned every concepts and ideas that you must know about doing trading in Bitcoin as well as with other cryptocurrencies in the market. You cannot blame other people for holding their coins for it is how they think of saving them up for better use. You can also have your own strategy once you fully understand the real concept of doing trading. As for now, based on your thoughts, you still have a long run to learn about it to fully understand why there are certain people doing holdings and other stuffs which you can encounter all the way to your journey of exploring trading.

[Yamifoud]

You don't need to wonder why a lot of traders use Bitcoin for their trades because that is obviously the best coins for their area. You can make use of altcoins also as some of them are good in trading but the volatility that Bitcoin has is a big help to make for efficient and has passive results. I think everyone has this commendation to you, it's up to you if will listen to us or just live that doubts because it won't make sense by then. Stop doubting Bitcoin but let it try so you can also make a statement about how good it was.

[fullhdpixel]

I would say that bitcoin is the only thing that makes sense to trade at this current world stage. Think about how everything else looked promising and crashed because there was a pandemic, do we have a guarantee that world will never see a world related problem.

We all know that each nation will have their own problems for sure, there is no doubt about that and there is no way that it can be avoided, however I believe not only we will face problems with each nation, but we will also face a lot of trouble with world related stuff like pandemic which was related to all of us everywhere. Which means if you trade anything but crypto, you are going to end up with getting a lot of trouble for it in the future once again, but if you keep with crypto, you are going to be safe from all of it.

[CryptopreneurBrainboss]

I would say that bitcoin is the only thing that makes sense to trade at this current world stage. Think about how everything else looked promising and crashed because there was a pandemic, do we have a guarantee that world will never see a world related problem.

Not trying to paint any negative picture towards bitcoin but don't neglect the fact bitcoin also got hit with the crash and went as low as $4000 or even less. That bitcoin is currently trading above that price with extra values has a lot to do with the halving effect that happens early this year, It saw the supply of bitcoin coming into the market depreciate massively and since the demand didn't reduce, it saw bitcoin benefiting in regards the price appreciation.

Also people began losing trust in the fiat system more as trillions of dollars were been printed to help in the pandemic crisis. The best alternative has to be the trending and hot investment vehicle which was bitcoin. Answering your question (OP) there is more benefits to holding them trading. In my opinion alts are to be traded while Bitcoin are to be held.

[blckhawk]

Everyone has their preferences of earning profit through Bitcoin and mostly they depend on where they are suitable, comfortable, and the availability of their time. I mean like for example, several people are not full-time traders, they have a lot of things to sort out aside from trading making them unable to make TA which is primarily needed if you were a trader. Consequently, the holding would be much practically fit for them. On the other hand, if it happens that you have time for making your TA then I suppose trading Bitcoin will be much preferable. In my case, I do trade a little amount of Bitcoin but the majority was arranged to hold.

[Astvile]

We have different preferences, skill sets and strategies. Don't hate other people just because you don't like what they are doing with their own stuff, besides they are not bothering you right? We all have different story of success in life, maybe trading's not for them and that's the reason why they are just hodling their bitcoins. Bitcoin is good for both trading and hodling you just need to choose on where you are comfortable with.

[so98nn]

Well, the holders who accumulate for the time being is kinda proven to be true when they said that the price just gonna increase no matter what (i mean at the moment) and for whoever holding the bags from decades ago until recent month has got their time and effort paid off considering the price of btc right as of now.

100%.It is not at all easy to wait for so many years. You either has gotta control your mindset while going into holding mode OR you better buy bitcoins and never look back until you 1-2 folds of change in the market. It's really thinkable how these investors control themselves for such long terms. I mean for me if I see market going down even a 2-5% of current value then its shaky one! Just imagine over the year bitcoin could go down as much as 50%! You need strong nerves to hold it up.

Becoming trader is not wrong either, you can make as much if not more profit within shorter amount of time it required just do whatever pleases you.

. . . and we choose to become trader due to weak nerves. 
Many of them think its easy and quick way to go around it. You get plus point of volatile market and apply strategies like intraday trades, short time holdings. The returns might be very low but its risk free as compared to the first one.

[lunnatic]

Bitcoin trading is the same as trading gold and stocks, why does that make no sense?
Indeed Bitcoin is just an item that cannot be seen or means digital, but Bitcoin has scarcity, just like gold,
and makes Bitcoin have its own demand, Of course this makes sense.

[minatour]

I think you should just stick to what you believe, everybody with his/her opinion about things, some will definitely choose to hold why some will prefer to trade, atlast both will get a particular result suitable for their decision. Just keep doing your thing, don't follow anybody but your mind.

[Shasha80]

Everyone has their own strategy to be able to make profit from Bitcoin. If you are more comfortable trading Bitcoin than holding,
just do what you think is right. Sometimes I also get bored if I have to continue holding Bitcoin by collecting Bitcoin every month.
So sometimes I do day trading using Bitcoin, indeed the profit generated is faster than holding, but the risk is also big. In my opinion,
in the end it depends on our respective strategies and tastes, there is nothing wrong with choosing trading over holding.

[BTCappu]

Why are we somehow always dividing people into categories, not just in crypto but in everything in life? I mean teams, sports, races, nationalities, religions, economical situation, whatever the topic at hand is, whatever grand or trivial it is, we always somehow find a way to put people into categories. Let people to whatever they want to do, let them be holders if they want to, let them be traders if they want to, let people earn by working, or buy and spend it on things they want.

There is no reason to put people into different categories, they are all crypto people and they are all in this community with us and we are all one, no matter how we approach it, we are all doing it right here all together and that is all that matters to me and should to you as well.

[CryptopreneurBrainboss]

I think the best coin to be trading with right now is BTC, if you have been trading btc for almost a year now. You will agree with me that you would have made so much money with this pump in Bitcoin almost every month. If you have one btc a year ago, which was around 5-8 thousand dollars. You will have close to $20,000 dollars now.

Probably you're misunderstanding what trading and holding is all about. They have their differences and what you just highlighted has alot to do with holding instead of trading. Assuming you have been trading for a year (using your example) then you should have made enough profit than what you stated or probably been in lost and not the exact price you wrote (that price would be for holders).

Currently what's most advisable is holding, not that trading won't be profitable but you might miss out of the chances of profiting more if you trade now. Altcoins qr should some greenish signal which could mean momentum of a moving over to their market.

You can research more and if my assumptions are correct, then they (altcoins) would be the best market to enter and trade them against USD or stablecoins not bitcoin as that will end you in losses as they're lossing values against bitcoin due to bitcoin continuous growth.

[Inspiron14]

I think you should just stick to what you believe, everybody with his/her opinion about things, some will definitely choose to hold why some will prefer to trade, atlast both will get a particular result suitable for their decision. Just keep doing your thing, don't follow anybody but your mind.

following your own desires is the best lesson in trading, because everything or experience is the best teacher,
if you get through the hardships when trading Bitcoin, then you will be successful in trading on the future, I'm sure

[AliMan]

I think you should just stick to what you believe, everybody with his/her opinion about things, some will definitely choose to hold why some will prefer to trade, atlast both will get a particular result suitable for their decision. Just keep doing your thing, don't follow anybody but your mind.

following your own desires is the best lesson in trading, because everything or experience is the best teacher,
if you get through the hardships when trading Bitcoin, then you will be successful in trading on the future, I'm sure

That's good, you mean our failures on every experiences would always give us the best lessons. Partly it taught us everything in life to make it as a warning on our next plans in order to become successful. Following our desires sometimes fails, that's why we need to listen from our mentors that can give us reliable advise. But, you can't apply all of them because only few points can be used in reality of our trading career.

[Nellayar]

You shared your view about how you perceive crypto, holders or traders - fair enough. However, saying that holders follow the herd isn't particularly accurate as a person circumstance is different and maybe holding is the right thing for them. Or perhaps they don't have the time or skills to want to trade.

At the end of the day this is irrelevant. For a market to be stable and prosperous, you need to have a balance, and being a holder isn't necessarily bad and nor is a trader. These are just different strategies suited for different people - take your pick 

What more can I say? Mind your own business, as boyptc also implied. And I guess, everyone should do that. It depends on your preferences how you will attack this market, either you can do your day trading or hold? You can also get profits from intermittent trading, however, patience is needed on this aspect. That's why some people prefer to hold because they have no time to subject themselves in this stressful activity. But if you can handle day trading, why not? Some can really accumulate more profits by doing this activity as compared to those that hold for long time.

+1
We have our own preferences when it comes in making money. The essence of buying bitcoin is simply. You have to buy it low and sell when it goes high. Everyone of us have own way to attack the market, that is why there are many indicators and strategy we can imply in trading. We can become swing trader, scalper, holder and day trader. It depends on where strategy we already know. The fact that we know how to control and earn profits, we can become successful in buying bitcoin and other cryptocurrency.

[Fredomago]

That's good, you mean our failures on every experiences would always give us the best lessons.

If you treat it as challenged to get better,such failures will teach you to analyze and make deeper research before
deciding in any decision-making that you'll going to take.

Partly it taught us everything in life to make it as a warning on our next plans in order to become successful.

Experienced dictates to avoid making another mistakes, especially if you came from tough loss that hard to forget.

Following our desires sometimes fails, that's why we need to listen from our mentors that can give us reliable advise.

Mentors who are really concern with your learning is good, assistance that allows you to grow and understand more.

But, you can't apply all of them because only few points can be used in reality of our trading career.

You can't, but in most useful ways having a good basis and factors to remember before dealing to anything leads you to much
higher chances of success.

[traderethereum]

I think you should just stick to what you believe, everybody with his/her opinion about things, some will definitely choose to hold why some will prefer to trade, atlast both will get a particular result suitable for their decision. Just keep doing your thing, don't follow anybody but your mind.

following your own desires is the best lesson in trading, because everything or experience is the best teacher,
if you get through the hardships when trading Bitcoin, then you will be successful in trading on the future, I'm sure

That's good, you mean our failures on every experiences would always give us the best lessons. Partly it taught us everything in life to make it as a warning on our next plans in order to become successful. Following our desires sometimes fails, that's why we need to listen from our mentors that can give us reliable advise. But, you can't apply all of them because only few points can be used in reality of our trading career.

If we got failures in trading, we would have more experiences that can improve our trading skills in the future.
When we feel hard to trading, maybe we need to learn more details about trading because that is the only thing that you need to do so you can be able to make a profit.
Don't forget to plan before you trade, especially to set how much profit you want to take, and greedy if the situation is not right.
It is hard to make a profit without having skills in trading, but if you have skills, you will be able to trading bitcoin like other traders.

[tbterryboy]

There is more possibility that the price of Bitcoin will continue rising in the years to come, but that doesn’t mean that it will not be volatile. And another thing is that the price might also take a long time, depending on when you invested, for it to grow and also when you invested your money matters.

Look at those that have invested in the past at the price of $18,000 and above , how many of them have recovered from that loss. There are still a lot of them that are struggling to get back what they have lost, but it hasn’t easy. And it can still take a long time before the price will cross and reach a higher amount for them to cover up what they lost.

[LUCKMCFLY]

since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.

On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)

Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.

If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?

I mean, you could always do it of course, but there's no much relevance about it..

on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".

yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..

Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..

In my personal opinion, it will always make sense to operate with Bitcoin, for anything, volatility will always be present, but it is the opportunity to make and make the best decisions, today new highs are being expected, which means that it will arrive and exceed the $ 20k, that's for sure, and if it's safe then what's the fear of investing in Bitcoin? Many choose the forex market, stock market, but the Bitcoin market is safe even for some investors it is safer than gold itself.

[darewaller]

I think you should just stick to what you believe, everybody with his/her opinion about things, some will definitely choose to hold why some will prefer to trade, atlast both will get a particular result suitable for their decision. Just keep doing your thing, don't follow anybody but your mind.

Yes, one thing I must say for people who are holding since long time like 5-10 years, they have done a great job by not losing the private keys because imagine someone buying $50 worth bitcoins and then being alert enough to save the private keys for future.

following your own desires is the best lesson in trading, because everything or experience is the best teacher,
if you get through the hardships when trading Bitcoin, then you will be successful in trading on the future, I'm sure

Following your desires and greed is the last thing I would suggest anyone doing when trading. You must operate based on how the market is behaving because if one was to go with desires I would rather ask them to gamble than to trade because trading requires knowledge, control over emotions/desires and a solid head that lets you take correct decisions.

[jaberwock]

Following your desires in case if it means crypto has a good future should be more correct. If your desire says that bitcoin will keep going down so you should sell yours and buy up short futures, that is not really the correct way to trade for the long term. Don't get me wrong there has been a lot of profits made from short futures as well (unfortunately) and bitcoin does go down time to time, it just went down in the past 24 hours so there is no doubt about that.

However you need to realize that unless you believe in it for the long term, there is no way you could continue to make money forever. Bitcoin is something that will make profit in the long run, and it will always be profitable to keep holding it, even if it drops time to time but that is just a short term deal.

[ice098]

Probably you're misunderstanding what trading and holding is all about. They have their differences and what you just highlighted has alot to do with holding instead of trading. Assuming you have been trading for a year (using your example) then you should have made enough profit than what you stated or probably been in lost and not the exact price you wrote (that price would be for holders).

Currently what's most advisable is holding, not that trading won't be profitable but you might miss out of the chances of profiting more if you trade now. Altcoins qr should some greenish signal which could mean momentum of a moving over to their market.

You can research more and if my assumptions are correct, then they (altcoins) would be the best market to enter and trade them against USD or stablecoins not bitcoin as that will end you in losses as they're lossing values against bitcoin due to bitcoin continuous growth.

Indeed, I just hold my BTC last time, because of the following:
I have no time to trade and I am afraid to lose more

that's why I keep holding it since it reaches 20k I am hoping that it could possible to rise to 20k but it happens to play around 19400-19700 last time and now it goes down to 18k maybe ready for 18300 if the walls will broke, but holding is far more less risky than to trade it, if you are not ready and knowledgeable.

[doomloop]

We have different preferences, skill sets and strategies. Don't hate other people just because you don't like what they are doing with their own stuff, besides they are not bothering you right? We all have different story of success in life, maybe trading's not for them and that's the reason why they are just hodling their bitcoins. Bitcoin is good for both trading and hodling you just need to choose on where you are comfortable with.

Neither traders are bothering holders nor the vice versa is true but since we are here to discuss so I guess it makes sense to discuss on this topic. Basically it is true that because the demand will increase with time because the amount of bitcoins are limited but because a large share of market sell and buy them as per their need and financial situation the prices changes.

One can understand when a big exchange gets hacked there are big amount of bitcoins that are dumped and the price is expected to go low, similarly there are countless other things that swing the market either positively or negatively and hence the chance for traders to trade.

[bearexin]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

[iamsheikhadil]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

Most of the holders who are dedicated to hold bitcoins for years will even hold it if the price hits $1 from 14k$ because the holders believe Bitcoin has an intrinsic value which is worth much much more than Bitcoin value against dollar has ever been in the chart! There are some friends of mine who are holding since 2015 and haven't sold any even in 2017!

[Oilacris]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

Most of the holders who are dedicated to hold bitcoins for years will even hold it if the price hits $1 from 14k$ because the holders believe Bitcoin has an intrinsic value which is worth much much more than Bitcoin value against dollar has ever been in the chart! There are some friends of mine who are holding since 2015 and haven't sold any even in 2017!

They might not able to sell in 2017 but for sure those regrets in mind that they should at least sell off those bags and able to buyback when it hit 3k price and with that
you can really make out money which is more than on the amount that you can potentially gain by just simply holding.

But somehow dealing or trading actively is much riskier compared if you do just simply sit and hold and wait up for too long.

On the question if it does really make sense on trading on bitcoin? then it will vary or depend into your skills and preference because
not all would really be having that confidence on dealing with it on active manner.

[nelson4lov]

There's usually a difference in opinion when this topic is brought up. Some people prefer holding onto their crypto while others don't mind the risks and choose to trade with their crypto. It all boils down to what you want.

In the early days of my crypto journey, I was of the opinion that, Its better to hodl for the long term while hoping for the best. However, in the long run, I got to realize that I was leaving money on the table as I was always holding and not making any moves. If you trading bitcoin, you can short it if you think the price is overpriced or long if you think it's oversold. It's up to you.

[Golftech]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

Most of the holders who are dedicated to hold bitcoins for years will even hold it if the price hits $1 from 14k$ because the holders believe Bitcoin has an intrinsic value which is worth much much more than Bitcoin value against dollar has ever been in the chart! There are some friends of mine who are holding since 2015 and haven't sold any even in 2017!

If you do have lots of spare money and big trust to this investment of yours,
buying and holding can be done without any worries from the fluctations as
expecting that market will go back and bring a good bounce and much higher
valuations in  returned.

[ultrloa]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

Most of the holders who are dedicated to hold bitcoins for years will even hold it if the price hits $1 from 14k$ because the holders believe Bitcoin has an intrinsic value which is worth much much more than Bitcoin value against dollar has ever been in the chart! There are some friends of mine who are holding since 2015 and haven't sold any even in 2017!

They might not able to sell in 2017 but for sure those regrets in mind that they should at least sell off those bags and able to buyback when it hit 3k price and with that

This most likely happen if they really buy at $3k but what if they did not since they got trauma for the big dump happen and the market as well doubting to buy back since they afraid that this dump will happen again? For sure many think about that bitcoin will die at that time but as the months goes by and many see the price got recover so fast for sure many learned a lesson from it and prepare for future for something like this happened and earn with it if this scenario coming back again.

[coin_1122]

Hmmm... I think it’s a normal for everyone to be expecting profit, and that’s because their money goes into it, and they wouldn’t like to be seeing their money decreasing, they would prefer to be seeing extra money. That’s the case with most of the people here (let me not say everyone, maybe there are those who don’t care about profit, though it would be hard for me to believe that there are people that doesn’t need profit).

I think what matters is that how many of us will still be here if the price of Bitcoin should drop to $1 today, how many of us will continue to be making use of Bitcoin for transaction?

Most of the holders who are dedicated to hold bitcoins for years will even hold it if the price hits $1 from 14k$ because the holders believe Bitcoin has an intrinsic value which is worth much much more than Bitcoin value against dollar has ever been in the chart! There are some friends of mine who are holding since 2015 and haven't sold any even in 2017!

There is some friend who is holding the Bitcoin even after Bitcoin reached $19k, people have strong confidence towards Bitcoin that's why they are waiting for the Bitcoin to reach high prices. Some people are really wired about the Bitcoin, that's why they are still holding the Bitcoin for the long term.

[Kocret02]

Everyone has his own strategy when it comes to crypto and other assets. Always choose to do what you feel comfortable with Traders and holders are all needed in the Bitcoin ecosystem. I do more trading than holding and I still get some decent returns when things go well.
Some people prefer holding crypto for months or years because they have no time doing technical analysis and carrying out those daily trades. So it all comes down to one's personal preference.

for me it is also more comfortable with traders, because by trading we will get a lot of experience and we can also make it one of the determinants of how much profit we will get at any time. Maybe you say it right, it's your personal choice to choose to become a trader or holder

[lxiaoh]

It do make sense trading on BTC，firstly，you can learn from it，build up your experience step by step. Secondly，when someone trades, it means bitcoin is in circulation，and then the price of BTC float.Without trading，BTC is nothing now.

[RealMalatesta]

Unfortunately trading and even investing could cause you to look like you are losing money and that usually scares people very easily, sometimes even causing them to lose money in the end as well.

What people are forgetting about is the fact that if you are looking at something that "looks" like a loss, lets say you bought at 100 dollars and dropped to 80 dollars, that doesn't mean you have a loss, it just means you have a "bag" which means you are carrying it until it profits, eventually when that 80 becomes 110 you end up selling and making a profit, even if that 100 becomes 40, you could wait and make a profit later on. Some people see their investments go down and they end up selling right away, there is no reason for such a thing if you could wait enough.

[boyptc]

It do make sense trading on BTC，firstly，you can learn from it，build up your experience step by step. Secondly，when someone trades, it means bitcoin is in circulation，and then the price of BTC float.Without trading，BTC is nothing now.

I don't get it with those that you have said the following:

float and circulation

Bitcoin doesn't really have a value if it's not because of Laszlo who did the trade of 10k bitcoins for pizza. But this trade is all about trading bitcoin and other crypto pairs.

[Om.monata]

Its not just the scarcity that's the power of BTC, its the security of its blockchain that is why there is a good value to it. Th volatility of price is just exactly a good reason why you want to trade BTC because it gives you the opportunity to earn from there. Its a double edge sword though. You may earn fro it but it could also turn against you and lose money when trading.

It seems that the rapid volatility of bitcoin is a factor in why bitcoin trading has become more valuable. only how to process it properly to get a profit be a big profit. I thought so too

[Ucy]

If by trading you mean buying and selling to profit from the volatility or fluctuation in price, then I'll say it's worth it and can be profitable.
I think you could Hold and Trade(bet on price with coins) as well. Both are OK.
Such trading could even be helping to keep the market somewhat balanced until supply/demand increase or decrease drastically.

[AjithBtc]

Trading is always a better choice with bitcoin compared to other forms of stocks and bonds. When we think of trading, it is a must to think wise and open the trade. Personally I feel to trade based on the market volatility, if there is fluctuation I just go for continued buying and selling. Same time if the market is growing in a stabilized manner I just hodl it. So trading always makes sense when we do it at the right occasion.

[gamer4156]

Exchanging is acceptable as long as you have great arranging since it is more confounded with regards to holding where you simply need to have a ton of tolerance and self-assurance to do it. The in particular is the wellbeing of your choices while you paste to what you put stock in the business, actually.

[iv4n]

Trading is always a better choice with bitcoin compared to other forms of stocks and bonds. When we think of trading, it is a must to think wise and open the trade. Personally I feel to trade based on the market volatility, if there is fluctuation I just go for continued buying and selling. Same time if the market is growing in a stabilized manner I just hodl it. So trading always makes sense when we do it at the right occasion.

Because BTC makes crazy turns, and look at this year, from the start till now (when we broke some old records), what can happen in crypto in one year you can's see on stock market in 10 years!
To say it once again, looks like it's never enough.... BTC is cool because we are free to do what we want with it! We don't need anything special if we wish to hold it, trade with it, use it for anything...we can earn it, we can try to invest it and earn more from it, all we need is internet and device, after that we need a wallet (and there are many nice free wallets), and we are ready to go! From zero or with starting capital it's individual, just holding or risking with trading/gambling, any kind of service, it's again up to each of us! For all your wins and loses, for all the good and bad decisions, there will be only one person responsible, and it's you!

[niccolo_21]

it looks like I was sadly right my friends ..

back in the italian board I read there is this guy who brags for not using stop losses when "trading": I have an unshakable faith in bitcoin, he says..

in how many other markets do you think he would survive??

bitcoin rewards his absolute ignorance, and this is a matter of fact. And it's not an uncommon fact.
This, once again, makes me sad.

[k@suy]

If by trading you mean buying and selling to profit from the volatility or fluctuation in price, then I'll say it's worth it and can be profitable.
I think you could Hold and Trade(bet on price with coins) as well. Both are OK.
Such trading could even be helping to keep the market somewhat balanced until supply/demand increase or decrease drastically.

It's not that easy to just buy and sell with Bitcoin market since it's an open market everything is possible to happen here and you can't always expect what you were expecting. That's how this market is moving considering with the whales who can what they want especially this time when Bitcoin is in a bullish trend and is breaking a new ATH. I found that trading this time is quite active since the price keeps fluctuating from $22k to $23k.

It does really make sense trading bitcoin bit it is not that easy as what we think. Trading and selling bitcoin i guess was a bit complicated since the volatility of the crypto should be on top priority. Today bitcoin was in a bullish trend and continue to take the bullish trend and hitting as high ATH as what we expected. The price of bitcoin even were in top trend continue to fluctuates and this is what trading in bitcoin a little bit harder.

[JeffBrad12]

It do make sense trading on BTC，firstly，you can learn from it，build up your experience step by step. Secondly，when someone trades, it means bitcoin is in circulation，and then the price of BTC float.Without trading，BTC is nothing now.

It will be only suitable to be used to learn how the crypto market works but it's not worth it for the small traders to trade bitcoin as this time a trader will have needed a lot of money to trade bitcoin.
Even the whales have become the small whales caused by the institutional investors who have joined in the crypto.
The small traders need to use altcoins rather than bitcoin but it still makes sense.

[maldini]

Exchanging is acceptable as long as you have great arranging since it is more muddled with regards to holding where you simply need to have a ton of tolerance and fearlessness to do it. I think everybody has this tribute to you, it's up to you quit questioning Bitcoin however let it attempt so you can likewise say something about how great it was.

[Quidat]

If by trading you mean buying and selling to profit from the volatility or fluctuation in price, then I'll say it's worth it and can be profitable.
I think you could Hold and Trade(bet on price with coins) as well. Both are OK.
Such trading could even be helping to keep the market somewhat balanced until supply/demand increase or decrease drastically.

It's not that easy to just buy and sell with Bitcoin market since it's an open market everything is possible to happen here and you can't always expect what you were expecting. That's how this market is moving considering with the whales who can what they want especially this time when Bitcoin is in a bullish trend and is breaking a new ATH. I found that trading this time is quite active since the price keeps fluctuating from $22k to $23k.

It does really make sense trading bitcoin bit it is not that easy as what we think. Trading and selling bitcoin i guess was a bit complicated since the volatility of the crypto should be on top priority. Today bitcoin was in a bullish trend and continue to take the bullish trend and hitting as high ATH as what we expected. The price of bitcoin even were in top trend continue to fluctuates and this is what trading in bitcoin a little bit harder.

It wont really be called a market if it wont fluctuates which we can say that it is a normal behavior on having this movements yet we cant see
a market that just basically trying to move up without any drops.Asking if it does really make sense on trading bitcoin.Of course it is because
dealing with it can really give out the opportunity to make profits but of course that would really be always having some corresponding risk.
So its up to someones choice if they would deal or engage with it or just simply play on the safe side via hodling.

[coiner-88]

Exchanging is acceptable as long as you have great arranging since it is more muddled with regards to holding where you simply need to have a ton of persistence and fearlessness to do it. You will see its sense and importance in the event that you have a similar encounter and have just taken in each idea and thoughts that you should think about doing exchanging Bitcoin just as with other digital currencies on the lookout.