Bitcoin holder are not maximizing the bitcoin potential

[LogitechMouse]

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So basically, you are just saying that all of us Bitcoin holders should maximize the volatility of it therefore, we must trade, so that we can gain more profits than just holding right?
I have some questions to you OP.
1. Yes trading is for everyone, but do you think that all Bitcoin holders are capable of trading? Do you think that they can do well in trading?
2. Do you really think that if a Bitcoin holder will go in to trading, there is a high chance that they can get profit?

Think of the risks of trading. Think of every Bitcoin holder and think "Will they handle the risks that they may face when they enter trading?" Think of how it will affect them if they lost their money because they realize that trading isn't for them. Think of the possible things that they might've think if they lost their money doing trading. They will realize in the end "If only I just held my Bitcoins instead of trading it, I might've earned way lesser, but it's safer than just trading which isn't for me."

Yes I know that you can get more profits if you do trading than just simply buy and hold, but not all can do trading just to let you know. Many aspiring traders loss their money in trading. Think wider OP. There are many ways for an investor to earn using Bitcoin, and not only in trading.

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[Huppercase]

Bitcoin hodling might be underrated but if you are hodling sufficient number of bitcoin, you’ll end up an instant billionaire in the future. So I don’t think hodling alone does not maximize the potentials of bitcoin. However, with bitcoin trading, people know that the profits are more promising and tempting, but hey, trading is never easy and it needs close to perfection skills and trading expertise so you can be profitable on it. Otherwise, you are only wasting your money in trading when you consistently trade without knowledge and skills being honed.

The easiest way to maximize profits is by trading Bitcoin and not holding in my opinion, there is power in making more profits in what you control than leting it stay idle and with that, market players will play with your profits. As a trader, when you make profits, it's already in the bag and whatever the market does after that is not of your concern, if its slight down further, it will not affect your value as you have already convert it to profit but if you are holding, you don't get to claim the profit and it can go up or down or may even go down below where it was purchased.

Just imagine buying bitcoin when it was around $4,5k and you patiently hold it to all time high of bitcoin but refuse to sell and now that the price is now $26k, there is still good profit IMO but not good strategy; A smart trader will have exited the market around $50k+ and then buy back again and with this, you can have more bitcoin in your posession.

[TheSpiral]

We cannot profit by holding only, we have to sell at some point to realize our profit and then we buy again at the lower price.  This is the essence of investment and taking advantage of the volatility of the market.  Thus, we have to trade, buy and sell although it may take time for us to do the trade, it isn't a bad move to wait for the price to hit our target selling price and at the same time the target buying price to reinvest and repeat the process.

Yes true the process is profitable but all the time holders cannot do this because people get profit only to utilize that profit in something else which is profitable or may be in some activities of home which is necessary. It is also possible that lots of individuals are only dependent on bitcoin and they gain income from bitcoin therefore the process of selling and buying on regular basis will be hard for them.

Selling some part of bitcoin will be profitable to buy bitcoin again at lower cost but it will takes time but selling whole bitcoin to wait for dip is not desirable decision as we don't know when the next dip will occur.

[Etranger]

but selling whole bitcoin to wait for dip is not desirable decision as we don't know when the next dip will occur.

Sometimes there is no choice, really. You only have one shot, because your investments are not as big, as you wish. That is why you have to take risk and sell in hope to buy again at a lower price. But I believe some people really can win in such situation, because they would take more careful and rational steps, because they know they don't have a right for making mistakes. And they will be more prudent than those who can afford themselves to buy again if they have lost previous investment.

[tvplus006]

I understand that the greatest method to maximize profits in trading is to buy low and sell high in couple of hours and enter a trade a gain.

That is not entirely true. Often the opposite is the case. Short-term trading is very risky and there can be more losses than gains. Moreover, in a few hours, the situation on the market may not change radically, the price may stand almost still, and then there is no point in such a trade, you will only take unnecessary risks and pay commissions when the possible profit is not worth it.

If you are already satisfied with the profit received from holding Bitcoin, then you can sell it with the hope of buying it at a lower price or spend it on your dream. Only if you have already sold, then you should not regret later that you could get more profit, because the price of Bitcoin has increased.

[jeraldskie11]

As what I have said, if we know where exactly the higher low or higher high, we can maximize the profit by always buying at higher low and selling at higher high.

And how exactly somebody could possibly know about this? The market is unpredictable, you can know nothing for sure. If what you said were true, then we would live in a completely different world, where everyone could earn from trading and be in profit for most of the time. But that is simply not true. "Always" is the word that has nothing to do with the stock market.

I agree that the market is unpredictable that's why I use the word "if". And this is also the reason why I said the word "always".

Even those professional traders can't predict the market, they also experience a couple loses. What we can do is to anticipate the price, and always follow our trading plan. If we know how to analyze the market, sometimes what's your expectations of the price will happen.

[jaberwock]

So basically, you are just saying that all of us Bitcoin holders should maximize the volatility of it therefore, we must trade, so that we can gain more profits than just holding right?
I have some questions to you OP.
1. Yes trading is for everyone, but do you think that all Bitcoin holders are capable of trading? Do you think that they can do well in trading?
2. Do you really think that if a Bitcoin holder will go in to trading, there is a high chance that they can get profit?

Think of the risks of trading. Think of every Bitcoin holder and think "Will they handle the risks that they may face when they enter trading?" Think of how it will affect them if they lost their money because they realize that trading isn't for them. Think of the possible things that they might've think if they lost their money doing trading. They will realize in the end "If only I just held my Bitcoins instead of trading it, I might've earned way lesser, but it's safer than just trading which isn't for me."

Yes I know that you can get more profits if you do trading than just simply buy and hold, but not all can do trading just to let you know. Many aspiring traders loss their money in trading. Think wider OP. There are many ways for an investor to earn using Bitcoin, and not only in trading.

Volatility is perfect for trading because we can buy and sell too often and make profits easily but we can also use it for investing by buying at the lows. Short-Term investors can benefit of it more than the Long-Term HODL'ers. They are like traders too but only takes a bit more time for them to sell their assets. I'm not the OP but if I can respond to the questions that you prepare, my response would be is Number 1.)

Trading is not for everyone because trading is a little bit harder than simply buying and holding a coin. Holding may be is for everyone and all traders can do HODL'ing easily. Number 2.) For some holder maybe they have a hidden potential in trading. So yes, there is a high chance that they can earn a profit out of it and the profit that they can get can be better than the profit that they can get from their investments.

[passwordnow]

Sometimes there is no choice, really. You only have one shot, because your investments are not as big, as you wish. That is why you have to take risk and sell in hope to buy again at a lower price. But I believe some people really can win in such situation, because they would take more careful and rational steps, because they know they don't have a right for making mistakes. And they will be more prudent than those who can afford themselves to buy again if they have lost previous investment.

It becomes an encouragement when you don't have much capital and all you wanna do is to trade and grow your money from there. But it's also needed to be understood that those long-term holders probably have taken their own share of experience of trying to hard and get some profit on the market. And the majority of them, well, include me so we didn't have good results at all when we tried. With that, it became a reason to just hold and be firm of being a long term investor because it's also a proven strategy that works for many.

[Etranger]

Sometimes there is no choice, really. You only have one shot, because your investments are not as big, as you wish. That is why you have to take risk and sell in hope to buy again at a lower price. But I believe some people really can win in such situation, because they would take more careful and rational steps, because they know they don't have a right for making mistakes. And they will be more prudent than those who can afford themselves to buy again if they have lost previous investment.

It becomes an encouragement when you don't have much capital and all you wanna do is to trade and grow your money from there. But it's also needed to be understood that those long-term holders probably have taken their own share of experience of trying to hard and get some profit on the market. And the majority of them, well, include me so we didn't have good results at all when we tried. With that, it became a reason to just hold and be firm of being a long term investor because it's also a proven strategy that works for many.

I agree that holding is indeed one of the most profitable strategies, and I also send part of the deposit to a long-term hold. However, this strategy really works only with a fairly large capital, and such one that you can afford to invest and "forget" about for several years. This means that you cannot use this money even in critical situations, and for this you need to have additional savings for such cases. Not everyone can do this. That is why those people are engaged in trading, which allows them to get, albeit smaller, but faster profits. In addition, these funds can always be withdrawn, if they are badly needed, without destroying the entire strategy.

[passwordnow]

It becomes an encouragement when you don't have much capital and all you wanna do is to trade and grow your money from there. But it's also needed to be understood that those long-term holders probably have taken their own share of experience of trying to hard and get some profit on the market. And the majority of them, well, include me so we didn't have good results at all when we tried. With that, it became a reason to just hold and be firm of being a long term investor because it's also a proven strategy that works for many.

I agree that holding is indeed one of the most profitable strategies, and I also send part of the deposit to a long-term hold. However, this strategy really works only with a fairly large capital, and such one that you can afford to invest and "forget" about for several years. This means that you cannot use this money even in critical situations, and for this you need to have additional savings for such cases.

It is true that holding is best when you've got a larger amount and you should have decided that it wouldn't be touched for a long time and as much as possible, you'll have to add more to see the greater impact of it when the bull run comes. Although there really is no rule if you're a long-term holder and there's all of a sudden that you need to sell what you're holding, we're all free to sell anytime unless you put that into some staking or inflexible savings. Yes, there are people who do this, and the worst part is it's on centralized exchanges.

Not everyone can do this. That is why those people are engaged in trading, which allows them to get, albeit smaller, but faster profits. In addition, these funds can always be withdrawn, if they are badly needed, without destroying the entire strategy.

One thing that I am worried about that is many are losing instead of winning there. However that I cannot judge someone's winners and losers but if we're going to reiterate, then it's good that there have been those consistent winners.

[wxa7115]

I agree that holding is indeed one of the most profitable strategies, and I also send part of the deposit to a long-term hold. However, this strategy really works only with a fairly large capital, and such one that you can afford to invest and "forget" about for several years. This means that you cannot use this money even in critical situations, and for this you need to have additional savings for such cases. Not everyone can do this. That is why those people are engaged in trading, which allows them to get, albeit smaller, but faster profits. In addition, these funds can always be withdrawn, if they are badly needed, without destroying the entire strategy.

Trading in theory can be also way more profitable than just holding your coins, and not only that it is also way more interesting than just buying an asset and forget about it for years, so this is why trading is so popular in this market.

However the huge disadvantage that comes with trading is that since everyone is looking to obtain profits this way, the only ones that have any chance of doing so are the ones that have superior trading skills, while a slightly larger group will at best still obtain profits, but at a slower rate than long term holders, and finally the majority will lose money instead of earning it.

[Don Pedro Dinero]

Too bad I didn't catch this thread as soon as it was posted to put this reply in the first comment:

What the OP calls 'maximising bitcoin's potential' means in a percentage of cases close to 100% bankruptcy, the loss of the money you dedicate to trading. That's the potential, the potential to be left penniless.

As said:

It's less stressful to know that my Bitcoin is safe in my  wallet, rather than constantly worrying about the market going up and down daily and hourly if you're trading. I'm not saying trading is bad, but it's important to understand the risks and be ready to deal with them. 

As always

HODL

Or put more simply:

Most traders lose money.

People selling strategies or tips are preying on the ignorance of newbies.

Now all we need is for the OP to provide proof of how much money he has made from bitcoin trading, which he is not going to do.

[Etranger]

I agree that holding is indeed one of the most profitable strategies, and I also send part of the deposit to a long-term hold. However, this strategy really works only with a fairly large capital, and such one that you can afford to invest and "forget" about for several years. This means that you cannot use this money even in critical situations, and for this you need to have additional savings for such cases. Not everyone can do this. That is why those people are engaged in trading, which allows them to get, albeit smaller, but faster profits. In addition, these funds can always be withdrawn, if they are badly needed, without destroying the entire strategy.

Trading in theory can be also way more profitable than just holding your coins, and not only that it is also way more interesting than just buying an asset and forget about it for years, so this is why trading is so popular in this market.

However the huge disadvantage that comes with trading is that since everyone is looking to obtain profits this way, the only ones that have any chance of doing so are the ones that have superior trading skills, while a slightly larger group will at best still obtain profits, but at a slower rate than long term holders, and finally the majority will lose money instead of earning it.

This can be applied to every other activity besides trading. Any achievement of success requires non-trivial skills, patience, determination and stubbornness. And most people do not succeed in any of the fields because they do not possess these characteristics, and they are also insufficiently motivated, lazy and unfocused. And, of course, they will be more attracted to holding, because it is a passive activity that does not require constant development. And in this case, it is much easier to sit and wait until you just get lucky and the price rises. And if it doesn't happen, then you can always blame the market or the big players who don't let you make money. But not yourself, because you didn't actually do anything yourself, and therefore couldn't make mistakes. It is always easier for people to find someone to blame for their failures.

[Fuso.hp]

Every day the Bitcoin market fluctuates because when one person sells his Bitcoin, another person buys that Bitcoin. Many times it can be seen that many people sell bitcoins at a price slightly lower than the current market price due to which the price of bitcoins decreases a bit at that time and when someone else buys bitcoins at a relatively high price, the market increases again. Mainly because of such cycle of buying and selling, there is always volatility in the market. But not all investors invest to hold Bitcoin forever. Those who invested in Bitcoin two years ago today may be selling their Bitcoin at this time, meaning they held Bitcoin for the long term. This cycle of buying and selling bitcoins will continue for as long as users hold bitcoins.

[Kamasylvia]

It isn't not difficult to be so certain about crypto because of the fact that you by and large don't have any idea how the coin will do in longterm.  You could sell and see the cost continue to skyrocket .

Very much like any money bitcoin can change in cost and with substantially more unpredictability than most significant monetary forms.

[xSkylarx]

Every day the Bitcoin market fluctuates because when one person sells his Bitcoin, another person buys that Bitcoin. Many times it can be seen that many people sell bitcoins at a price slightly lower than the current market price due to which the price of bitcoins decreases a bit at that time and when someone else buys bitcoins at a relatively high price, the market increases again. Mainly because of such cycle of buying and selling, there is always volatility in the market. But not all investors invest to hold Bitcoin forever. Those who invested in Bitcoin two years ago today may be selling their Bitcoin at this time, meaning they held Bitcoin for the long term. This cycle of buying and selling bitcoins will continue for as long as users hold bitcoins.

There is still the possibility that they already sold but others are waiting to hit near ATH again which is why they are still holding until now. There is no problem in holding because that is their money and that is their strategy. They hold and make their bitcoin sleep for a couple of years because that is what they want and they don't want to learn trading. Also it doesn't mean that if you learn trading you will have guaranteed profit, there is still a risk of losing it all. That is why they are playing it safe. No matter that they can't gain more profit at least they are sure that their bitcoin stays there and that they will possibly gain profit when ATH

[rozak]

Every day the Bitcoin market fluctuates because when one person sells his Bitcoin, another person buys that Bitcoin. Many times it can be seen that many people sell bitcoins at a price slightly lower than the current market price due to which the price of bitcoins decreases a bit at that time and when someone else buys bitcoins at a relatively high price, the market increases again. Mainly because of such cycle of buying and selling, there is always volatility in the market. But not all investors invest to hold Bitcoin forever. Those who invested in Bitcoin two years ago today may be selling their Bitcoin at this time, meaning they held Bitcoin for the long term. This cycle of buying and selling bitcoins will continue for as long as users hold bitcoins.

there are those who hold and there are also those who trade. however, currently, that is what is happening in the market. Whether holding or trading is more efficient all depends on each person's ability.
There are people who are trading, even though they make small profits, but only in a short time. there are also people who are more patient by holding Bitcoin longer to get a better price target.
every Bitcoin investor or trader has a plan from the start. those who like to trade then trade. those who like to hold, then just hold as they like. there will be no compulsion to follow others.

[Plaguedeath]

So you're making $20-$30 in a day through trading? alright, good for you.

But, why you're convincing people to trading when most of users are prefer to hold? it's none of your business and it depends on each people choice. Something that's work for you will not always mean other people can do same like you.

[justdimin]

There is still the possibility that they already sold but others are waiting to hit near ATH again which is why they are still holding until now. There is no problem in holding because that is their money and that is their strategy. They hold and make their bitcoin sleep for a couple of years because that is what they want and they don't want to learn trading. Also it doesn't mean that if you learn trading you will have guaranteed profit, there is still a risk of losing it all. That is why they are playing it safe. No matter that they can't gain more profit at least they are sure that their bitcoin stays there and that they will possibly gain profit when ATH

Yeah, it would be lovely, people who sell should sell and get out, and leave the market to people who buy and hold. That way we could make a decent income from it and should be doing fine in the end. Yes, it is a tough job to handle it, but it could very well be done and should be done properly. I know that life is not that simple and sometimes we end up with a result that is a bit more different, but at the end of the day it is going to be important and we need to make it work.

I believe that for sellers to get out, we need to end up with a thing that would be a bit more personal and should be doing something that will change the result in the end, and sellers do not see that yet and probably feel it is not the time yet.

[Smartvirus]

It's interesting to note that many Bitcoin holders might not be fully capitalizing on the inherent volatility of this digital asset. The Bitcoin market can undergo price fluctuations of around 3 to 4 times in a single day, which offers ample opportunities for those who choose to engage in active trading.

It is very true that hodlers as the case often is for investors of our time aren’t actively taking advantage of the volatile nature of bitcoin as a result, lose out of the daily opportunities of gains you could get out of a prevailing market condition.
It also prevents some loses as well given that, the result isn’t always gains and gains.

What comes to mind about hodling is risk management as, you cannot completely understand the market and not actively trading not only keeps you away from the profits you could have been making but as well, limits the level of risk you would be exposed to.
When the risk out weighs the possibility of always getting it right, hodling becomes a more plausible option.

Bedsides, it’s not always the best idea to leave your funds on exchanges as this is often the case in order to have those leverage on trading.