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Author Topic: Why you don't need to HODL or trade Bitcoin  (Read 1147 times)
coiner-88
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June 04, 2021, 04:42:44 AM
 #121

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be regularly ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer angle. That is the reason it is smarter to hold anyway the sum that we can stand to lose. What's more, I am certain that Bitcoin will get another opportunity to better constantly cost again later on.

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June 04, 2021, 06:25:59 PM
 #122

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be regularly ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer angle. That is the reason it is smarter to hold anyway the sum that we can stand to lose. What's more, I am certain that Bitcoin will get another opportunity to better constantly cost again later on.
I agree on that it is really smart to hold than nothing. We can really gain in holding, if we are going to look at the bitcoin price we can see that bitcoin is really a good coin to hold based on its price from 2018 till present , big profit comes when we have patience and hold, the only reason why some people get loss is the lack of patience and trust, however we cannot really blame them for crypto is not stable.
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June 04, 2021, 11:34:45 PM
 #123

for those who work and are busy, I think there is no need to trade, only hold crypto currencies that you really like,
with a saving system you can also do it, yes when you pay, set aside 10% or 50% to buy crypto currency,
and buy it enough Just waiting for the price to dump, don't be greedy, take this opportunity or opportunity as a foothold for your investment

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June 05, 2021, 01:22:11 PM
 #124

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be regularly ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer angle. That is the reason it is smarter to hold anyway the sum that we can stand to lose. What's more, I am certain that Bitcoin will get another opportunity to better constantly cost again later on.
I agree on that it is really smart to hold than nothing. We can really gain in holding, if we are going to look at the bitcoin price we can see that bitcoin is really a good coin to hold based on its price from 2018 till present , big profit comes when we have patience and hold, the only reason why some people get loss is the lack of patience and trust, however we cannot really blame them for crypto is not stable.
Holding is one of the good decisions and if we have the right strategy of course it will make a profit,
bitcoin is unquestionably the future and as you said we can see the price till now bitcoin is the king of crypto,
what is clear in holding bitcoin we have to be patient
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June 05, 2021, 01:37:24 PM
 #125

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be regularly ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer angle. That is the reason it is smarter to hold anyway the sum that we can stand to lose. What's more, I am certain that Bitcoin will get another opportunity to better constantly cost again later on.
I agree on that it is really smart to hold than nothing. We can really gain in holding, if we are going to look at the bitcoin price we can see that bitcoin is really a good coin to hold based on its price from 2018 till present , big profit comes when we have patience and hold, the only reason why some people get loss is the lack of patience and trust, however we cannot really blame them for crypto is not stable.
Holding is one of the good decisions and if we have the right strategy of course it will make a profit,
bitcoin is unquestionably the future and as you said we can see the price till now bitcoin is the king of crypto,
what is clear in holding bitcoin we have to be patient
^ Because holding is the safest way than trading, there is nothing to lose until you will be decided to sell your coin, if that is under the price from which you purchased your BTC, that is a loss, but if that is higher from which your purchase, it would have a potential to gain profit of course. So for now, it is your call if when you sell your coin, at the right time or during the dip, and accept your loss. Nevertheless, on the other side, if you are good at technical analysis or even fundamental analysis, trading is good for you. All of these are depending on your skills.
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June 05, 2021, 07:39:06 PM
 #126

for those who work and are busy, I think there is no need to trade, only hold crypto currencies that you really like,
with a saving system you can also do it, yes when you pay, set aside 10% or 50% to buy crypto currency,
and buy it enough Just waiting for the price to dump, don't be greedy, take this opportunity or opportunity as a foothold for your investment
Even with work you can still trading like normally just set a scheduled time for it, I have a regular job in the morning and when it's an evening I always check my assets if I gain profit or loss.
There is some website/app that offers a service for those who want to check their asset with some data included about the coins you invested. It's something like a portfolio. I've one on my phone too, it's easy for me to see my all assets.
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June 05, 2021, 08:33:52 PM
 #127

Bitcoin and Ethereum are both good assets and if you keep on saying that ethereum is better than bitcoin then why would ethereum cant take over the value of bitcoin, Bitcoin is more decentralized than ethereum so what you are talking about? You also said that it is better to hold ethereum than holding bitcoin, I don't know why you keep trusting Ethereum over bitcoin, bitcoin already prove itself to a lot of people, bitcoin is now used as a means of payment in many companies.
Yes bitcoin is the best currency to hold depending on the price of bitcoin the price of ethereum and other altcoins increases. Ethereum is the best of all cryptocurrencies but bitcoin tops all currencies in the crypto market. Bitcoin is more profitable for long term investments why not trade in that currency and move forward with faith.

I am not sure I get what you are saying? Bitcoin tops all currencies in the market, but in what sense? It is more profitable? Those times are long over. Congratulations to DOGE holders right?
Maybe we can say that Bitcoin is not profitable compared to some altcoins at this time, Bitcoin doesn't pump by x100, unlike altcoins but to know which one is more sustaining, no altcoins can do it.

Thanks for pointing out Dogecoin...are these people are profiting? It looks like you got fooled by Elon Musk and keep following him. I suggest to you that you better sold your Doge if you still have, never waits that it become dead just like before. Doge could be in great now but wondering if it will able to sustain for a couple of months.

No, not at all, I don't own Dogecoin yet I am observing it because it is surely a phenomenon. We can say that with certainty. But saying Bitcoin tops it all and is the most profitable is just not true at this point anymore. It has nothing to do with Bitcoin's status and its qualities, it is just an assertion of how the situation right now is.

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June 05, 2021, 09:48:37 PM
 #128

Bitcoin and Ethereum are both good assets and if you keep on saying that ethereum is better than bitcoin then why would ethereum cant take over the value of bitcoin, Bitcoin is more decentralized than ethereum so what you are talking about? You also said that it is better to hold ethereum than holding bitcoin, I don't know why you keep trusting Ethereum over bitcoin, bitcoin already prove itself to a lot of people, bitcoin is now used as a means of payment in many companies.
Yes bitcoin is the best currency to hold depending on the price of bitcoin the price of ethereum and other altcoins increases. Ethereum is the best of all cryptocurrencies but bitcoin tops all currencies in the crypto market. Bitcoin is more profitable for long term investments why not trade in that currency and move forward with faith.

I am not sure I get what you are saying? Bitcoin tops all currencies in the market, but in what sense? It is more profitable? Those times are long over. Congratulations to DOGE holders right?
Maybe we can say that Bitcoin is not profitable compared to some altcoins at this time, Bitcoin doesn't pump by x100, unlike altcoins but to know which one is more sustaining, no altcoins can do it.

Thanks for pointing out Dogecoin...are these people are profiting? It looks like you got fooled by Elon Musk and keep following him. I suggest to you that you better sold your Doge if you still have, never waits that it become dead just like before. Doge could be in great now but wondering if it will able to sustain for a couple of months.

No, not at all, I don't own Dogecoin yet I am observing it because it is surely a phenomenon. We can say that with certainty. But saying Bitcoin tops it all and is the most profitable is just not true at this point anymore. It has nothing to do with Bitcoin's status and its qualities, it is just an assertion of how the situation right now is.
People are really that badly blinded with that Dogecoin hype which it did result into those kind of decisions and even myself was observing for the price situation when the hype is over.There are really differences in between Bitcoin and other altcoins when it comes to potential.

Altcoins as surely serve as an alternative but we should really be careful on dealing with it because not all coins would really be having that potential.

Bitcoin is primary choice but it seems people are really doing lots or sorts of things for them to exchange it back again on BTC form.Therefore,
main demand or interest will surely stick into this one no matter what.

R


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June 05, 2021, 09:53:19 PM
 #129


No, not at all, I don't own Dogecoin yet I am observing it because it is surely a phenomenon. We can say that with certainty. But saying Bitcoin tops it all and is the most profitable is just not true at this point anymore. It has nothing to do with Bitcoin's status and its qualities, it is just an assertion of how the situation right now is.
A good thing to you then, Dogecoin will surely dump sooner or later.

Anyway, we can't deny that Bitcoin could remain profitable but for some cases, actually, for the Bullish season, people had to choose altcoins (some) for a reason that they can make huge money than Bitcoin. Many had taken this advantage, I know they are doing right but could be just for a while. As a trader, we need to be wise and practical, we need to take the best chance before we miss it, that is how we survive and succeed.

R


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LLBIT|
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June 05, 2021, 11:25:42 PM
 #130

If I just only have a lot of money I will surely buy Bitcoin then hold in the long terms 100%. But that's not my real status I am not belong to the rich people. Because being rich or have a lot of money is an advantage to hold Bitcoin. But Altcoins is there for us to earn still in Bitcoin, In fact, it will be faster to earn Bitcoin if we go through with the altcoins and this most of the time did by the community traders here in the forum.

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June 06, 2021, 05:30:04 AM
 #131

So basically you just said why ethereum is better than Bitcoin in some respects and sectors, well, there's nothing wrong in it, but the accusations or flaws you mentioned about Bitcoin like market manipulation, they don't happen to alt coins? Just like what happened with Doge, it can happen with any coin and yeah, the top richest people do have great influence over it. But we can't do nothing, except wait for the price to go up and not sell in panic, at the least. I do get what you are saying but that's not enough to convince someone not to hold or trade it completely Smiley
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June 06, 2021, 05:53:47 AM
 #132

Trading cryto is worth the attempt. No investment guarantees you 100% profit so is cryto trading but once you understand your personal strategy and develop on it you keep your profit on a constant flow. Metals and indices also have high volatility and people still trade them how much more cryto. Between holding and trading I feel it's the choice of every individual and what such thinks about crypto generally.

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June 11, 2021, 06:34:11 AM
 #133

Trading cryto is worth the attempt. No investment guarantees you 100% profit so is cryto trading but once you understand your personal strategy and develop on it you keep your profit on a constant flow. Metals and indices also have high volatility and people still trade them how much more cryto. Between holding and trading I feel it's the choice of every individual and what such thinks about crypto generally.
I think it is true what you say that every individual certainly has a different mindset in responding to what will be done, because based on their experience they can also determine what will be done. so whatever is desired, of course, cannot be equated with one another.

crypto is clearly very profitable compared to other investments, but does he want to do day trading or does he just want to hold on when the price increases and then sell. all clearly have actions that they think are good because they are often done. For those who are familiar with trading, obviously they prefer to do it even with no small risk, but they want to do it because they feel that what they are doing is what they know and not necessarily that they are happy just to hold it, and vice versa, those who like to hold back will do the same thing.

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June 11, 2021, 07:15:52 AM
 #134

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be ordinarily ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer viewpoint. Telling that bitcoin is only an air pocket is by all accounts a misrepresentation of the truth and nobody would have faith in it any longer except if it comes from a specialist in financial matters that truly don't care for bitcoin.


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MusaMohamed
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June 12, 2021, 03:53:29 PM
 #135

I can not understand the title. "Don't need to HOLD or trade Bitcoin" so what to do if you do neither hold nor trade?

Bitcoin then we do regard that however doesn't imply that those expressions of yours would truly be ordinarily ready to persuade out individuals who had been supporting and having positive perspectives about bitcoin potential in longer viewpoint. Telling that bitcoin is only an air pocket is by all accounts a misrepresentation of the truth and nobody would have faith in it any longer except if it comes from a specialist in financial matters that truly don't care for bitcoin.
Bitcoin is the perfect cryptocurrency to hold if you buy it from your money. And if you don't have plan to use that capital in next 4 to 10 years. Then you are free to invest and free from pressure of daily expense or ugent need calls.

Hold your bitcoin and enjoy halvings, fomo every four years. I believe if you can be disciplined and do it, your capital will increase many folds very easily.

When you hold bitcoin, store it in non custodial wallet as Electrum. Back up mnemonic seed of your wallet.

R


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