does it really make sense trading on Bitcoin?

[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.