Why you don't need to HODL or trade Bitcoin

[SquallLeonhart]

I get that some people like to diminish all the things bitcoin has achieved, but that doesn't mean that they will be cared. If you are a good trader you should trade bitcoin, if you are not a great trader that means you should invest into bitcoin. I have been trading and investing for 8 years and I have made good enough money that I have been staying at home for the past 5 years working full time on crypto.

I do freelance work, I do affiliate network, I trade, I invest, and all of that helped me get richer than I could by working at an office job. By all means I am not a rich person, but I am making more money than I could from a regular office job that I used to work for and that is why I think it is quite obvious that we should not be caring about people who write stuff like these, they are totally wrong because holding and trading is great for bitcoin, even today when it is so high.

[slaman29]

I do freelance work, I do affiliate network, I trade, I invest, and all of that helped me get richer than I could by working at an office job. By all means I am not a rich person, but I am making more money than I could from a regular office job that I used to work for and that is why I think it is quite obvious that we should not be caring about people who write stuff like these, they are totally wrong because holding and trading is great for bitcoin, even today when it is so high.

Nice job!

I just hodl really, it's all I can do, and earning small amounts from some forum presence here, I've been doing it for years. It's not much but I put effort in it, and am very happy that I can save most of it so over the years, it grows. $40 just a year ago is worth more than $400 now. That is what I look forward to also earning $30 now and in ten years seeing it grow.

[sniveel]

I do respect your opinions about hodling, but I still prefer to hodl bitcoin than ethereum. If you are saying that eth is better than btc, then it is a disrespect for the king of all cryptocurrencies. Why I will hodl my bitcoin? It is simply because I believe with it's potential to be valued much in the future and there are so many bigtime people or organizations who bought bitcoin, and as of now they are hodling their assets.

[Darkelf11]

This is your perspective we have different the market will not become volatile if you are going to hold much supply of the bitcoin this is the reason why we have an active market. Mostly the reason people want to hold this coin because of their trust and confidence in being active in holding this coin to make it profitable even they hold it for more than a month or year. Like the other sources, Bitcoin has a huge potential.

[Rana590]

This is your perspective we have different the market will not become volatile if you are going to hold much supply of the bitcoin this is the reason why we have an active market. Mostly the reason people want to hold this coin because of their trust and confidence in being active in holding this coin to make it profitable even they hold it for more than a month or year. Like the other sources, Bitcoin has a huge potential.

There is no to reason not to trust in Bitcoin. Bitcoin is the king of Crypto market and day by day people are showing their trust in Bitcoin. Also bitcoin is giving good profit to the holders. As bitcoin is the number 1 crypto currency in the crypto world, we can trust bitcoin easily.

[Yatsan]

People have their own preferences and own sighting with regards on how they can grow their Bitcoins that they have on hand. Holding is one of the way people are seeing to make it possible because of the volatile price of Bitcoin that makes it possible for a single cent or part of it to cost a big amount in a long run. When it comes to trading, people cannot directly predict the flow or into which direction the price can get into that is why it is risky but we are all into taking risk for we all know at the first place the consequence we will be facing right through it. Now with regards to which is better than Bitcoin and Ethereum, both are good so nothing to compare because why bother to just focus and choose one when you can have both at the same time. Trading and holding have become a part of each and everyone in here so there is no doubt many are against the argument but it is your own sightings so it will be just fine for we know what exactly applies better for us.

[CaVO32]

People have their own preferences and own sighting with regards on how they can grow their Bitcoins that they have on hand. Holding is one of the way people are seeing to make it possible because of the volatile price of Bitcoin that makes it possible for a single cent or part of it to cost a big amount in a long run. When it comes to trading, people cannot directly predict the flow or into which direction the price can get into that is why it is risky but we are all into taking risk for we all know at the first place the consequence we will be facing right through it. Now with regards to which is better than Bitcoin and Ethereum, both are good so nothing to compare because why bother to just focus and choose one when you can have both at the same time. Trading and holding have become a part of each and everyone in here so there is no doubt many are against the argument but it is your own sightings so it will be just fine for we know what exactly applies better for us.

And people should remember about the simple rule in investments, don't put all your eggs in one basket. It is always best to diversify your portfolio. Whether you go for btc and eth or btc, eth, bnb, and others. However, it is really up to the person how he can optimize his profits, whether in trading or holding. And sometimes, it depends on your necessity. There are times that you need to cash out for some urgent matters. That's very understandable as it is your money and you can do anything what you need to do. So bottomline, you are the only one that can decide what to do with your portfolio, because that's your money at stake.

[Ewox]

Have you heard of the saying “to each his own”? I mean if you prefer Ethereum over Bitcoin then why make a fuss out of it? Bitcoin was here first and maybe that’s one of the reasons mainly why people hodl Bitcoin because of the length of time it has been here and for that length of time, it had grew its value to more than anyone had expected. But yeah Ethereum is fine too, but you can’t control people on which they would prefer to hodl. Respect begets respect. 😊

[pankowri]

Well, Bitcoin and Ethereum are promising cryptos. And if we can get profits and trust both, why not?
Holding is about trust. I am personally one of them. Buying the Bitcoin when the market is already down to bearish market someday and then hold it for several years. Why do I do this? because I believe in Bitcoin. and I am ready for the risks, whatever it is. That is why it is better to hold however the amount that we can afford to lose. And I am sure that Bitcoin will have another chance to better and better price again in the future.
And why we are trading Bitcoin? because there is sometimes significant down and rise price in the market and we can take the chance to get profits from this.

Wow, that's amazing. You have very nicely explained the subject of holding first and then of trading. I agree with your argument. Holding is based on trust ‌ and risk. We make a profit through the ups and downs of trading. However, it is not the case that there is no risk.

[Ziskinberg]

Have you heard of the saying “to each his own”? I mean if you prefer Ethereum over Bitcoin then why make a fuss out of it? Bitcoin was here first and maybe that’s one of the reasons mainly why people hodl Bitcoin because of the length of time it has been here and for that length of time, it had grew its value to more than anyone had expected. But yeah Ethereum is fine too, but you can’t control people on which they would prefer to hodl. Respect begets respect. 😊

I think it is enough to express how you feel protecting Bitcoin is the best coin over the others. It is OP to have his opinion and that he likes more on ETH than Bitcoin. I don't think there is a problem with that and I think we don't need to force people to like most BTC since they have their preferred coin to invest in.
And if we read what he replies to the above post, it was clear enough to say that he never wants to hold Bitcoin and put an end to that.

[michellee]

This is your perspective we have different the market will not become volatile if you are going to hold much supply of the bitcoin this is the reason why we have an active market. Mostly the reason people want to hold this coin because of their trust and confidence in being active in holding this coin to make it profitable even they hold it for more than a month or year. Like the other sources, Bitcoin has a huge potential.

There is no to reason not to trust in Bitcoin. Bitcoin is the king of Crypto market and day by day people are showing their trust in Bitcoin. Also bitcoin is giving good profit to the holders. As bitcoin is the number 1 crypto currency in the crypto world, we can trust bitcoin easily.

If we are involved in cryptocurrency, we trust bitcoin as the best coin in the crypto world. But for people who do not know crypto and even bitcoin will not think like that. Some people involved in bitcoin are not fully trusted to bitcoin, and they still worry if their bitcoin is getting down from time to time. Maybe that is because they have trauma losing their money before, but they are still curious about making money from bitcoin, so they still use bitcoin and try to make money. If you want to hold or trade bitcoin, you need to know bitcoin so you know how to use bitcoin for your benefit.

[Anonylz]

Is it just me who find this post not making any meaningful sense,
 'Why not to hodl, Why not to sell' what the fuck does that mean, do you plan to eat it raw perhaps if you find it confusing to do both! just curious

don't give yourself unnecessary headache trying to analyze the best approach to 'not to hodl, not to sell' btc and just do both or do one, it is either black or white, no in-between, either you decide to sell or hodl, you will still end up doing one among the two. That simple  

[bitgolden]

You have very nicely explained the subject of holding first and then of trading. I agree with your argument. Holding is based on trust ‌ and risk. We make a profit through the ups and downs of trading. However, it is not the case that there is no risk.

I have done similar things in my life before. I have invested and held a lot of coins at one point, and I took out my capital and with the rest I just traded and did what I can, and I have also lost a lot of money and earned a lot of money, some traded and some just hodl and all around I can tell you that when you have nothing to lose, it is easier to trade.

I mean when it is your money on the line you are a bit more scared on what to do, but when you take some of it out and you are doing better, it is something to really not care and not bothered with because you took your initial capital out so only thing you can have with that trade is break even, even if everything goes to zero.

I recently invested into a defi and I put 150 bucks in it, it reached to 700 dollar levels, I took my 150 dollar out and then rest of the coins I had dropped to 4 dollars, that is right 4 dollars, because it turns out it was a rug pull and that is why it dropped so significantly. I am fine with it, because I could have made a bigger loss.

[$crypto$]

I do respect your opinions about hodling, but I still prefer to hodl bitcoin than ethereum. If you are saying that eth is better than btc, then it is a disrespect for the king of all cryptocurrencies. Why I will hodl my bitcoin? It is simply because I believe with it's potential to be valued much in the future and there are so many bigtime people or organizations who bought bitcoin, and as of now they are hodling their assets.

It was an option for him to choose ETH over bitcoin because they think it is the most peddling thing compared to bitcoin.
We know that all coins are focused on bitcoin because it is one of the most sought after coins to date and even compares bitcoin to other stocks, and of course I will have more confidence in bitcoin from start to finish, even as a future investment.

Still the highest asset will be bitcoin in its entirety and other coins will only be complementary, but I also have no doubt that ETH currently knows the glory of ETH at its current peak and increases along with the development of bitcoin above it.

[Kasabus]

He just cleared it out that ETH had felt him better than the known Bitcoin. Can't argue with him right? It is his choice and we have ours also, and no matter how we would like to tell him that Bitcoin is the leading coin in the market, his trust towards ETH can't be twisted.

But anyways, ETH is still good for long-term investment and OP isn't the wrong choice also for it. What went wrong is that he is trying to say that Bitcoin is useless and there is no reason why we hold Bitcoin. Well, too disappointed to hear that because we know already, and since the start Bitcoin is still there and keeps growing.

[BuNga_cute]

Everyone has their own opinion regarding Bitcoin, there is nothing wrong if you prefer Ethereum over Bitcoin. Because the crypto world is not only
Bitcoin, so we don't have to be fixated on HODL or Bitcoin trade. Ethereum is indeed the best alternative to Bitcoin, because Ethereum has also
performed outstandingly this year. But my advice is why not HODL or trade both, because I think Bitcoin and Ethereum are just as good.
Even if Bitcoin and Ethereum can be pumped, you can make a big profit from the two coins.

[dimonstration]

He just cleared it out that ETH had felt him better than the known Bitcoin. Can't argue with him right? It is his choice and we have ours also, and no matter how we would like to tell him that Bitcoin is the leading coin in the market, his trust towards ETH can't be twisted.

Once we believed into something it will not be easily dissolved, what worse nowadays is people want us also to believe things they believe with when in fact we all have our own understanding and needs in life. What we thought we need may not be suitable for him ,let’s just keep it this way and just find way to take advantage with any crypto we have for our benefit to earn.

[2double0]

I await the day when Eth rolls out its 2.0 version. I know about the smart contracts that Eth holds, but even after all that, it could not give one significant thing to its users - cheap fees. Even btc is not affordable to be transacted and spent, still we can wait and get our transaction confirmed but in Eth, if gas fee is kept too low then the transaction will be failed. Holding btc had been very much profitable to early adopters and it will be highly profitable to them who believe in the value of btc.

[kawetsriyanto]

Everyone has their own opinion regarding Bitcoin, there is nothing wrong if you prefer Ethereum over Bitcoin.

Sure. In my view, it isn't really necessary to know which one is better because it depends on how you manage it and your target. For example, someday, I prefer to choose to buy Ethereum because it is an altcoin season and the Bitcoin price is a bit hard to move significantly. But on another day, I prefer to buy Bitcoin since there is good news related to Bitcoin currently and it potentially triggers an increase in Bitcoin price.

From the example above, both are good. Regarding which one to buy, it depends on the situation.

[BuNga_cute]

Everyone has their own opinion regarding Bitcoin, there is nothing wrong if you prefer Ethereum over Bitcoin.

Sure. In my view, it isn't really necessary to know which one is better because it depends on how you manage it and your target. For example, someday, I prefer to choose to buy Ethereum because it is an altcoin season and the Bitcoin price is a bit hard to move significantly. But on another day, I prefer to buy Bitcoin since there is good news related to Bitcoin currently and it potentially triggers an increase in Bitcoin price.

From the example above, both are good. Regarding which one to buy, it depends on the situation.

This is what I mean, we do buy coins depending on the coins situation, which is more profitable for us to buy the coins. Because sometimes
the profit made by Ethereum can be greater than the profit made by Bitcoin. Therefore it is necessary to do technical analysis before buying
Bitcoin or Ethereum. If it turns out that Ethereum falls deeper than Bitcoin, I prefer buying Ethereum because when it goes up the profit generated
can be greater. So don't focus too much on one coins, we have to see the latest situation of the coins we are going to buy. So buying coins
must be flexible.