does it really make sense trading on Bitcoin?

[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.