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Author Topic: Trade vs. HODL - avoid traps  (Read 1907 times)
Nalain420
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November 07, 2023, 11:47:58 AM
 #121

Hello, you two.  Smiley

Yes, of course, your languages are still available.
I've approved your translations and it's now officially reserved for you:


Pakistan (Urdu)Compromise me (reserved)reserved

Languagetranslated byTitle
___________________________________________________________________________________________________________________________
ArabicNalain420 (reserved)reserved
Pakistan (Urdu)Compromise me (reserved)reserved


When your translation is done, you can leave a comment here once again and I'll add it to my list.  Smiley

I have complete translation of this useful topic into my local board "Arabic language"

Here is the link of Translation in Arabic community: التجارة مقابل HODL - تجنب الفخاخ

Thanks @1miau giving me a chance for translate your topic

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Compromise me
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November 07, 2023, 07:35:26 PM
 #122

Hello, you two.  Smiley

Yes, of course, your languages are still available.
I've approved your translations and it's now officially reserved for you:


Pakistan (Urdu)Compromise me (reserved)reserved

Languagetranslated byTitle
___________________________________________________________________________________________________________________________
ArabicNalain420 (reserved)reserved
Pakistan (Urdu)Compromise me (reserved)reserved


When your translation is done, you can leave a comment here once again and I'll add it to my list.  Smiley
Thanks @1miau for giving me this opportunity to translate this important and knowledgeable topic in Urdu language in local thread (Pakistan)

Here is my translation in Urdu language(link): https://bitcointalk.org/index.php?topic=232519.msg63121028#msg63121028


R


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November 07, 2023, 08:11:46 PM
 #123

You have presented trade vs hold very well here. Trading from hold is more risky. I don't really compare the two because I'm involved in both types. I trade one day at a time in a certain environment. I am involved in both holding and trading. If you trade and hold correctly you will profit from both. Currently we are leaning more towards trading in the hope of short term gains. As Bitcoin is an important currency one should hold and trade very cautiously.
Trading shouldn't be something that should be advised that newbies should go into. Majority of traders run at loss because it is hard to predict bitcoin price movement correctly, and trading involves so many skills and charts stuffs that will make one so stressed up when trying to beat the market. The fact remains that, there is no amount of profit that a trader will make that will be as big as what he will make when a hodli for long because bitcoin value increases with timeline. .
Hodling is less risky to the extent that plenty bitcoiners chose to hodl over trading due to the technicalities and trading skills necessary to acquire if you wanna be a profitable trader, although some investors can't hold on waiting alone on bitcoin price to increase in value when there's a bull run for them to make profit they add trading and holding together, while they make profits from trading based on their trading knowledge they also make profit when a bullrun takes over. Do this doesn't guarantee you making success as you can attract losses to your portfolio if you are not sufficiently brilliant with doing the two simultaneously.
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December 27, 2023, 12:32:51 AM
 #124

Hello  Smiley

Here is the link of Translation in Arabic community: التجارة مقابل HODL - تجنب الفخاخ

Here is my translation in Urdu language(link): https://bitcointalk.org/index.php?topic=232519.msg63121028#msg63121028

Your translations have been approved and are added to my list now:

Languagetranslated byTitle
___________________________________________________________________________________________________________________________
ArabicNalain420التجارة مقابل HODL - تجنب الفخاخ
Pakistan (Urdu)Compromise meتجارت بمقابلہ HODL - پھندوں سے بچیں۔


Your effort is much appreciated.  Smiley
Now, everyone on your local board will know about Trade vs. HODL (hopefully).  Wink


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December 27, 2023, 01:28:02 AM
 #125

Most of the time I wasted in trading, Just imagine I put those time and funds I lose from. Trading I put it all on holding (long-term) they would have been big difference in me now. Because I started trading without even knowing the risk that's attached to it, I thought was something I can easily manage. The end up that the more I try the more my losses so I decided to put some breaks. Now all I do is just hodl have been making more profit with lesser losses mostly this time around that every where it's greens. So I'm happy glad I can see the beauty of holding even though it's still has its own risks attached to it but as long is Bitcoin I'm stress free.
 

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December 27, 2023, 05:13:29 AM
 #126

I want to say one thing to the newbies, don't take any decision in haste. There is a lot to learn inside your trades and holds that you have to learn slowly. Whether you trade or hold there are many strategies to be applied otherwise you will never be able to trade profitably and to hold you must go into a long term process otherwise you will not profit by holding. Your price will increase slowly during this time if you can't be patient then holding won't make any profit. From my experience I can say holding is much more profitable than trading.

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December 27, 2023, 01:29:31 PM
 #127

Trading is a very difficult task Compare to holding for a long time. I have tried couples of time to make profit from trading but all to no avail. Its either I buy when the market is about to decline or sell when the market is trying to gain. Sometimes I buy and it appreciate like %10 instead of me to sell I will want to make more profit before the two twinkle of an eye it will fall from Green to red like -15 and I will panic and sell before it will fall below. And when I sell imidiately it will climb +15 after I might have loose some fund. So I decided that I will no longer be trading rather invest in Bitcoin and hold to keep my mind stress free. In other not to be loosing funds.

So to me I think holding Bitcoin is the best and safest way to benefit from crypto currency.

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December 28, 2023, 04:38:15 PM
 #128

I want to say one thing to the newbies, don't take any decision in haste. There is a lot to learn inside your trades and holds that you have to learn slowly. Whether you trade or hold there are many strategies to be applied otherwise you will never be able to trade profitably and to hold you must go into a long term process otherwise you will not profit by holding. Your price will increase slowly during this time if you can't be patient then holding won't make any profit. From my experience I can say holding is much more profitable than trading.
Whether we are newbies or not, we need to learn how to hold and invest in the cryptocurrency market whether we intend to invest in Bitcoin or altcoins, we need to be very careful when making decisions. Crypto market is huge and versatile and we need to be able to interpret the market for us analyse and make decisions on when we want to invest and take profits. Profits making is a good reason why we are in the crypto market just like the price of tokens do increase and decrease for us to buy at a lower price.









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December 28, 2023, 05:42:40 PM
 #129

I have tried couples of time to make profit from trading but all to no avail. Its either I buy when the market is about to decline or sell when the market is trying to gain. Sometimes I buy and it appreciate like %10 instead of me to sell I will want to make more profit before the two twinkle of an eye it will fall from Green to red like -15 and I will panic and sell before it will fall below. And when I sell imidiately it will climb +15 after I might have loose some fund. So I decided that I will no longer be trading rather invest in Bitcoin and hold to keep my mind stress free. In other not to be loosing funds.
Trading can fuck with you if you're getting it wrong, it's advisable for someone starting new in the space and looking to profit from the market to Hodl, else you will dash your money to the market, I highly encourage newbies to start with holding and if they care about trading, then they should learn, gain experience before starting their trading journey, it a games that really requires one's experience to succeed and not only about knowing the support and resistance, market structure etc.



R


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December 29, 2023, 07:52:18 AM
 #130

   In using the technical analysis in trading you have to study and understand it porderly before using it .

 The technical analysis of cryptocurrencies is an opening  In the direction to determine the current crypto market unexpected change and identifying market . In technical analysis the price patterns is being thought of from the past and the technical indicator to study the chart closely and carefully and predict the future movements of price.

 In trading there are two major contributors, which are the Hodlers (those who buy the Bitcoin without having reasons to sell for several years), and the Traders (these are people who buy Bitcoin wanting to sell it immediately at any profit ) .
  
   When you understand technical analysis and are able to do it right ,it helps you accurately to know the lows and highs of Bitcoin prices across various periods of time, that act of saying or knowing what will happen in future will help you make educative ,data-driven decisions on buying Bitcoin in a good price and selling at a profitable price also.
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December 30, 2023, 08:10:55 AM
 #131

Trading is a very difficult task Compare to holding for a long time. I have tried couples of time to make profit from trading but all to no avail. Its either I buy when the market is about to decline or sell when the market is trying to gain. Sometimes I buy and it appreciate like %10 instead of me to sell I will want to make more profit before the two twinkle of an eye it will fall from Green to red like -15 and I will panic and sell before it will fall below. And when I sell imidiately it will climb +15 after I might have loose some fund. So I decided that I will no longer be trading rather invest in Bitcoin and hold to keep my mind stress free. In other not to be loosing funds.

So to me I think holding Bitcoin is the best and safest way to benefit from crypto currency.
Holding is often the easiest when it comes to cryptocurrency; trading is more difficult. However, trading requires reading, learning, and even personal risk; in contrast, holding simply involves buying something and leaving it there. As opposed to trading, which involves numerous calculations and a lot of planning. Dos are the holders' methods of buying when the market is low and selling when it is high. Some will not sell because they will continue to wait and watch to see whether the market rises. And i would not advise that because eventually if the price goes down then both profit and capital might be affected because of price. The way the market goes up down is funny especially for traders after analysis the result you will see will be different.

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December 30, 2023, 12:15:46 PM
 #132

Investing is a step ahead of trading, trading is done for short term while investing is usually done for long term. If you are not a patient person then investing is never for you. Investing will test your patience, if you fail the patience test then you will not get the expected profit from the investment but if you do not fail the patience test and if you can bear the risk and hold your investment for a long time then you will get successful from the investment.
While on this one, trading can also be done in long term but someone will see on how the words we say about it becomes into reality when they do it in actuality. Many traders chose the path of being a holder because it's so much better and easier. When I say easier, when you're able to see how risky both of them, you'll just be happy and sit to the side and HODL. And don't get it wrong when we say HODL, it's best done through Bitcoin even if the world tells you to buy this xx or that xx, don't always go with them because what works for them couldn't work for you. But what has proven to be working for everybody is to HOLD Bitcoin.

Don't confuse investing and trading as they are different. Most of the investors usually invest in a long term plan but most of the traders only trade for some temporary profit. If an investor after investing, if the value of his coin increases a little and if he sees some profit and if he sees some profit if he sells his investment, then the mind of that investor should be understood like that of a trader. Some temporary gain or loss may not affect an investor to hold or sell his investment but rather they try to hold their investment for a long time considering both the gain and loss. A trader does this that when he gets some profit he sells his coins and waits to take another trade his main goal here is to make a temporary profit. Considering this, it can be said very simply that trading and investing are two completely different things.
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