does it really make sense trading on Bitcoin?

[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.

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[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.