Holding could be better

[carlisle1]

the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

A lesson that being learned the hard way. It is a good information to always remember that using exchange is good but keeping
your asset inside any exchange a risk.

Like what you have mentioned, not your wallet also not your coin, exchange can be strong today and can breakdown tomorrow. We don't know what the future can it be.

Always be mindful with all the information and make sure you learn from each experienced that you've got.

[Smack That Ace]

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

My friends lost 2000$ in FTX and then we become so careful with holding fund in any Cex. Before FTX i used mostly Binance to store my assets and i was thinking that Binance is secure exchange and Binance failed then whole market will crash but when FTX drama happened its give us lesson not to hold any addet in Cex you want to hold for long term. I used many times FTX exchange and fortunately when FTX ruined my ftx wallet was empty.

Now i am using Hardware to store BTC and many other altcoins. One of the biggest problem with hardware is storing new Blockchain network and it takes some time to update new network.

Holding crypto assets on exchanges is a bad idea, but we cannot deny that centralized exchanges are part of the market and are still very important to us. Without centralized exchanges, I think it would be difficult for us to invest. I don't use CEX to store bitcoins or altcoins, but I still need to use CEX to trade, as well as convert fiat, I can't find any alternative to CEX.

[cydrix]

Holding is beneficial, but it needs to be particular. You must have an aim in mind as you invest, and you must sell your investment if your target changes. You must follow your heart's desire. Many people hang onto their investments when the price rises, drops, and then rises once again, only to later regret their decision. Therefore, if you are holding, you must sell it at a specific price. I won't think that holding is superior till then.

[Mahanton]

Holding is beneficial, but it needs to be particular. You must have an aim in mind as you invest, and you must sell your investment if your target changes. You must follow your heart's desire. Many people hang onto their investments when the price rises, drops, and then rises once again, only to later regret their decision. Therefore, if you are holding, you must sell it at a specific price. I won't think that holding is superior till then.

Holding doesnt always mean that you've been having that an assurance that you would really be making profits, it would be entirely be still depending on which coins or assets you would be holding because
not all would really be that worth on holding for too long and this is why you should really be wise on which one you would be holding.Also that holding doesnt significantly means that it is really that
you dont have the knowledge, it is really just that there are people whom do really love on holding instead on dealing the price volatility on active manner. If you do see
that holding is worth then so be it and go proceed on it.

[Bushdark]

Holding is beneficial, but it needs to be particular. You must have an aim in mind as you invest, and you must sell your investment if your target changes. You must follow your heart's desire. Many people hang onto their investments when the price rises, drops, and then rises once again, only to later regret their decision. Therefore, if you are holding, you must sell it at a specific price. I won't think that holding is superior till then.

Holding is the major reason why we keep buying coins and keeping them for when we are going to have some profits so we can sell them and look for another crypto project to hold. Trading is just amazing is different from the way we see the market entirely. 

A trader can enter the market and spend some few hours making good amount of profits from the market compared to investors that would have to hold one particular coin for a long time before the make profits from them. Although there are some coins that good profits within few minutes or hours doing volatility.

[Fivestar4everMVP]

Since I got into crypto in 2016, I become a trader hoping to make alot of money from trading, I made profits though, but sincerely, it comes with lots or anxiety, stress and frustrations, after the 2020/2021 bull run, I discovers that I can no longer afford to buy most coins in their hundreds and thousands like I used to before the bull run, this is when I discovered holding is better, I began to imagine how rich I would have been by then if only held those coins I used to buy in their hundreds and thousands, until and during the bull run, I would have made alot of profit, very far much more than the profit that trading for a whole year would have made for me..

Right now, even with my experience in trading, I am more of a holder than trader, I hold over 90 percent of my crypto coins as investment, while from time to time, I do little trading with 10 percent or even less.

[Inwestour]

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

Taking responsibility for the safety of your coins is also not easy, most prefer to rely on the exchange, or if you take the traditional bank model, but in the end this is not the best solution, because multiple examples show us how everything can change in one day and the exchange simply closes access to your account.

Therefore, everyone who understands these risks and is ready to independently be responsible for their investments will always win. This is not as difficult as it may seem, it is not worth risking your money and keep it somewhere on exchange.

[LastKiss]

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

Taking responsibility for the safety of your coins is also not easy, most prefer to rely on the exchange, or if you take the traditional bank model, but in the end this is not the best solution, because multiple examples show us how everything can change in one day and the exchange simply closes access to your account.

Therefore, everyone who understands these risks and is ready to independently be responsible for their investments will always win. This is not as difficult as it may seem, it is not worth risking your money and keep it somewhere on exchange.

Yeah, we can't always trust CEX to keep our funds safe since there are lots of hacks for CEX in crypto history and not every exchange in crypto industries has terms that our funds are backed by the exchange 100%. So holding our funds in a hardware wallet is always the best option or if we don't have money to buy a hardware wallet we can always use wallets like metamask and others to keep our funds as long as we don't get tricked by scammers.

[jokers10]

Yeah, we can't always trust CEX to keep our funds safe since there are lots of hacks for CEX in crypto history and not every exchange in crypto industries has terms that our funds are backed by the exchange 100%. So holding our funds in a hardware wallet is always the best option or if we don't have money to buy a hardware wallet we can always use wallets like metamask and others to keep our funds as long as we don't get tricked by scammers.

First. A wallet has to be non custodial.
Second. Private key and seed phrase should be protected as much as possible so no one except you have access to it.
Third. Any interaction with a wallet should be as safe as possible: clear PC is good even if to use a cold wallet. No connections to any online projects with a wallet you hold your main balance on. Use a second address with small amount just for such purposes.

You are never 100% safe, but you can try to be as safe as it reasonably possible. Being watchful is a part of investing and holding.

[cheezcarls]

My mistake back then was not to hold Bitcoin much longer. That is way back in 2020 where it is hovering around $12k to $15k in which I have sold it for USDT. Then a week later, it pumped to $20k and up to $30k where I have missed the both.

I was too hesitant not to buy back because of the uptrend and was hoping to go even lower, but it kept skyrocketing up to almost $70k. It’s one of the hardest lessons that I have ever learned which made me started to do DCA while hovering around $30k last year. But I did made profits from my previous DCAs when BTC was hovering between $19k to $23k.

[usekevin]

Most of the bitcoin holders had lost huge amount of dollars in the FTX exchanges.My friend had lost over 10k dollars by his bitcoin holdings.He had decided to hold till the next halves.So he decided to hold since 2024.But due to his bad luck he hold everything in the FTX exchange.His bad luck played a major role in this FTX exchanges.It’s not only due to bad luck,But also due to scam attempts by the FTX exchange.FTX had made a drama by allow the people to send bitcoin without any fees.So the clever people only used it to transaction of the bitcoin and never hold anything for the holding.Some had loss their money by holding before the exchange had closed.

[milewilda]

the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

A lesson that being learned the hard way. It is a good information to always remember that using exchange is good but keeping
your asset inside any exchange a risk.

Like what you have mentioned, not your wallet also not your coin, exchange can be strong today and can breakdown tomorrow. We don't know what the future can it be.

Always be mindful with all the information and make sure you learn from each experienced that you've got.

Making yourself that be aware on what are the events on happening around on crypto space is something that you would really be needing to know which you would really be adding up in overall experience
and awareness or knowledge you do have which is something that would really be helpful on sustaining yourself into this market. Storing up your coins into an exchange is really that risky compared
when you do store up your coins with your own wallet which is something thats more safe than on storing on an exchange.

If you do have tons of money then its better on doing that but of course you would really be putting yourself on risks.If you do make out some active trading then it would really be that
good if you do divide your funds and wont really be putting it on one place. Some do chose whether they would really be holding for long term but there are ones who do love
to trade and make their possession even more bigger.

[LUCKMCFLY]

the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.

Can I just ask you when you hide your bitcoin in your wallet? Is it in Electrum or Hardware wallet? Right now, because I don't have a hardware wallet, I keep bitcoins in Electrum first and the other bitcoins are in exchanges like Binance to be used for day trading anyway.

    With this method that I am doing so far so good anyway. I have been doing this for several years, as long as electrum has any updates,
I immediately do it, whatever needs to be done as its users.

I think that things here are a matter of taste, in my opinion the best is Ledger, I have not tried saving btc in Hardware, how has your experience been? I have an electrum wallet, but I have seen many hacks and the truth is something that scares, even members with great experience here in the forum, so there comes a time when all computer security tools have to be used to stay safe, here vpns and all the protocol used to enter the DeepWeb is valid when it comes to securit.

[Ricardo11]

Of course holding could be better, because holding allows us to profit. For example if you are holding bitcoins it can make you rich. Because long-term holdings in Bitcoins have high profit potential. As a result of holding we can gain a lot. You hold Bitcoin for the long term. Because this holding will give you much higher return anytime.

[slaman29]

Of course holding could be better, because holding allows us to profit. For example if you are holding bitcoins it can make you rich. Because long-term holdings in Bitcoins have high profit potential. As a result of holding we can gain a lot. You hold Bitcoin for the long term. Because this holding will give you much higher return anytime.

I would say only for Bitcoin, and only for a minimum period of 4 years (or at least in between 2 halving cycles). ATHs happen in between cycles, so you need to hold for at least that long.

Holding and selling on the crash after ATH is what happens to a lot of people too, so you might even say the only true strategy is to hold across THREE ATHs

[jeraldskie11]

My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?

That's what I'm doing for awhile now. I bought some coins and I hold until I can sell at the price that I can afford. I also put some of my funds in my futures account since I have knowledge in trading. If your trading strategy is not working or your just trading with a luck, I probably disagree to trade because your futures fund will lose quickly especially if you didn't manage your risk. In this case, better to only use your funds for holding crypto.

[omgitsmehehe]

Of course holding could be better, because holding allows us to profit. For example if you are holding bitcoins it can make you rich. Because long-term holdings in Bitcoins have high profit potential. As a result of holding we can gain a lot. You hold Bitcoin for the long term. Because this holding will give you much higher return anytime.

I always expect the best from spot trading, and I trade in order accordingly to the trading seasons. If it's the bear season, that's where I'll buy and keep bitcoin, and when the bull season arrives, that's when I'll sell. Holding is completely stress-free, and in a very tight circumstance, we negotiate to make substantial profits. Holding is my method; profits may take time, but they are well worth it. I accumulated some bitcoin and kept it in my portfolio for the long term; I just checked it a couple of weeks ago and I'm in profit.

[Compromise me]

Of course holding could be better, because holding allows us to profit. For example if you are holding bitcoins it can make you rich. Because long-term holdings in Bitcoins have high profit potential. As a result of holding we can gain a lot. You hold Bitcoin for the long term. Because this holding will give you much higher return anytime.

I always expect the best from spot trading, and I trade in order accordingly to the trading seasons. If it's the bear season, that's where I'll buy and keep bitcoin, and when the bull season arrives, that's when I'll sell. Holding is completely stress-free, and in a very tight circumstance, we negotiate to make substantial profits. Holding is my method; profits may take time, but they are well worth it. I accumulated some bitcoin and kept it in my portfolio for the long term; I just checked it a couple of weeks ago and I'm in profit.

Holding Bitcoin is highly profitable because if you look at the longterm holder chain and weekly chart price of Bitcoin you will see that their longterm holder are increresing in past year . It is very good news for longterm holder and myself would suggest that if you want to hold a Crypto currency you should choose Bitcoin because there is an expectation that its price would not experience a major dump until the next halving event. Holding Bitcoin can bring great profits and it will also instill in you the belief that you have made a proper investment in your assets.

[RewFrew]

Newbie traders should know that they should use the amount of money they can afford to lose to trade.

We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.

If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.

My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?

Bitcoin price is very low right now. I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt. If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldn’t use for trading. Some fund should trade and some fund should hold is best policy.

[bitterguy28]

Newbie traders should know that they should use the amount of money they can afford to lose to trade.

We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.

If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.

My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?

Bitcoin price is very low right now.

not sure mate if Bitcoin truly VERY LOW right now because bitcoin even fall to 15k recently or couple months ago so basically it is in the middle price right now.

I think it is high time to buy bitcoin. If anyone want to invest on bitcoin that will be profitable there has no doubt.

in this you are correct because the timing of buying for me is perfectly now and not in the coming months or weeks.
it might be very volatile but the chance changing each time so accumulate now .

If you think it is risky then you can do DCA it is best policy for long time investment. And i like your advice to invest we will use 20% of our fund. And 80% for holding. It is great policy. I am also agree with your thinking. I also think all fund shouldn’t use for trading. Some fund should trade and some fund should hold is best policy.

holding meaning we must buy before hand , so if you are only using your 20% to buy and hold then what does 80% stands and mean then?