Bitcoin holder are not maximizing the bitcoin potential

[Gallar]

~Snip
While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

Yes, that is true. Because daily or weekly Bitcoin trading will definitely be profitable. But the problem is, it requires quite a large amount of capital to be able to make a profit with the amount you wrote down. Meanwhile, quite a lot of bitcoin investors only have capital under $500 in bitcoin. So achieving a profit target of $20-30 per day will definitely be very difficult, even almost impossible. So to trade Bitcoin on a short-term or daily basis, quite large capital is required. The minimum is to have $5k worth of bitcoin assets. If it is below that number, in my opinion it will be very difficult.

Additionally, I personally prefer investing in bitcoin for the long term. Because I think investing over a long period of time really saves time, for example not always monitoring market movements every day. Because what I experienced, monitoring market movements every day was very tiring and other activities became a bit disturbed.

However, perhaps some bitcoin investors who have quite large capital and do not have other activities can definitely trade bitcoin in a short time period/daily. Because if there are no other activities and you have large enough capital, you will definitely be more focused and the profits you will get will definitely be more optimal.

[1715674020]

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[Bitcoin_people]

Volatility in the Bitcoin market will remain the most as we know that everyone has gained good experience about this digital currency and subsequently invested in it. It's interesting that the market swings several times a day, which makes a trader fear profit and they can make money from Bitcoin. Moreover, an investor knows that there will be volatility in the Bitcoin market and the financial assets he holds will never fail but will bring success in the future. Bitcoin should never be short term investment as it is better to invest long term, short term employment can never make much profit. But if a bitcoiner invests long-term in his future, he can certainly become a big man and not run out of money. And if an active trader trades from good ideas and constantly with that knowledge, he can definitely earn $20 to $30 dollars per day.

[Etranger]

Yes, that is true. Because daily or weekly Bitcoin trading will definitely be profitable.

That is not exactly true. There can be totally red days or even weeks. That is why we can not say anything for sure. "Definitely" is no an appropriate term to use in the crypto trading context. You can think about a good profitable strategy but even if you have thought it all through, it wouldn't work all the time.

[tjtonmoy]

What do y'all think bout this ?

The way you presented this to us makes it sound like you are never going to make any losses while trading. Which is never the case with trading. It is risky and you get both wins and losses. So encouraging people to get involved in this is not the right advice. Why do you think people choose to HODL instead of trading Bitcoin? If it was not that profitable then why do it? We can make good profits with daily or weekly trading with Bitcoin for its volatile nature but that also makes it more risky.

If you can make use of your skills to make profits from Bitcoin trading, then that's good for you. But just because you can does not mean others can do the same thing. Don't be ignorant about the fact that not everyone is the same.

[TheSpiral]

People invest in Bitcoin when they see its price rise. People who invest in bitcoins invest in bitcoins with the plan of holding bitcoins for a long time but may not be able to hold bitcoins for a long time because of their need or for some other reason. If Bitcoin is a short-term investment then we will not realize that kind of profit or loss from Bitcoin but when investing in Bitcoin for a long period of time we will see a significant amount of profit or loss from Bitcoin. 
The total supply of Bitcoins in the market is the total supply but flows from one person to another like money. Some are using bitcoins for trading, some are using bitcoins for long term holding, some are selling bitcoins for their own needs, That is Bitcoins are moving from one person to another.

Yes this is true that people don't have enough money to continue their life expenses that's why they sell their bitcoin in order to meet these needs. Therefore this amount can be move from seller and buyers which means that amount of bitcoin is limited but people are changing their ideas due to which bitcoin movement happens.

Some people have lost their bitcoin as a result of losing their keys and they don't have access to it but this little amount have no effect on the total supply of bitcoin as people will be able to buy and sell bitcoin in just a little part.

All the citizens of country are not buying bitcoin because some are not able to buy it while some are not trusting it easily therefore we cannot say that all number of bitcoin is moving here to there may be some are not enter into the process of circulation now.

[tygeade]

Yes, that is true. Because daily or weekly Bitcoin trading will definitely be profitable.

That is not exactly true. There can be totally red days or even weeks. That is why we can not say anything for sure. "Definitely" is no an appropriate term to use in the crypto trading context. You can think about a good profitable strategy but even if you have thought it all through, it wouldn't work all the time.

Yeah true, I mean what you said not what he said. It's not guaranteed to make a profit daily or weekly from bitcoin when you are trading. It doesn't mean you can't, you may end up making a profit, but there is a good chance that you may not make a profit as well. So, people should be careful about it no matter what.

I believe that we need to end up focusing a bit more towards making profit as much as you possibly could, and if you can do that then we are going to end up with a profit that would make sense. I understand it's not going to be that easy, as long as we let it be then we are going to end up with a good result one way or another. I believe that we can make sure that it's going to be something that will benefit us.

[Etranger]

That is not exactly true. There can be totally red days or even weeks. That is why we can not say anything for sure. "Definitely" is no an appropriate term to use in the crypto trading context. You can think about a good profitable strategy but even if you have thought it all through, it wouldn't work all the time.

Yeah true, I mean what you said not what he said. It's not guaranteed to make a profit daily or weekly from bitcoin when you are trading. It doesn't mean you can't, you may end up making a profit, but there is a good chance that you may not make a profit as well. So, people should be careful about it no matter what.

I believe that we need to end up focusing a bit more towards making profit as much as you possibly could, and if you can do that then we are going to end up with a profit that would make sense. I understand it's not going to be that easy, as long as we let it be then we are going to end up with a good result one way or another. I believe that we can make sure that it's going to be something that will benefit us.

My trading strategy requires daily trading, I do it every day. And I have a particular percentage in mind while opening orders, I use take profit orders, and I believe I know, what I want in the end of the deal. This implies I have a goal in the end of the month, the specific percentage as well. However, I also assume that in the best case only 2/3 of a month can be profitable, when everything is going like I thought. I cannot count on every day being as profitable as I want. Some of the days can be even red, I can loose not only the potential profit, but also a part of the deposit. This is why we cannot have an illusion of daily or weekly trading as exceptional profitable activity.

[Poker Player]

The OP's theory is all well and good, but it would be much better if he backed it up with proof that the trading he does gives him consistent long-term profits, but he's not going to do that. Seeing that since he wrote the OP hasn't commented here I'd be willing to bet that he doesn't even trade and it was an attempt at merit fishing.

My trading strategy requires daily trading, I do it every day. And I have a particular percentage in mind while opening orders, I use take profit orders, and I believe I know, what I want in the end of the deal. This implies I have a goal in the end of the month, the specific percentage as well. However, I also assume that in the best case only 2/3 of a month can be profitable, when everything is going like I thought. I cannot count on every day being as profitable as I want. Some of the days can be even red, I can loose not only the potential profit, but also a part of the deposit. This is why we cannot have an illusion of daily or weekly trading as exceptional profitable activity.

Would you care to elaborate? The vast majority of traders lose money but some make money. If you are one of those who win it would be interesting if you could share your experience, such as how long you have been trading, with what approximate capital, what profitability and things like that.

[Etranger]

My trading strategy requires daily trading, I do it every day. And I have a particular percentage in mind while opening orders, I use take profit orders, and I believe I know, what I want in the end of the deal. This implies I have a goal in the end of the month, the specific percentage as well. However, I also assume that in the best case only 2/3 of a month can be profitable, when everything is going like I thought. I cannot count on every day being as profitable as I want. Some of the days can be even red, I can loose not only the potential profit, but also a part of the deposit. This is why we cannot have an illusion of daily or weekly trading as exceptional profitable activity.

Would you care to elaborate? The vast majority of traders lose money but some make money. If you are one of those who win it would be interesting if you could share your experience, such as how long you have been trading, with what approximate capital, what profitability and things like that.

Sure, maybe someone would give some piece of advice. But it worth mentioning, that I am from Ukraine, and cost of life is much lower here compered to European countries or USA/Canada. That is why for somebody my strategy could be less useful, as they have to earn way too much more, than I do.

My monthly deposit is approximately 3000-4000 dollars. Everyday I trade on this amount. I choose only those currencies, I find reliable. For me those are BTC and ETH. And I do only long positions. I am satisfied with one deal, which is opened and closed within one day. The percentage I look for is in the range of 1.3%-1.6%. No more. However, I understand that a day candle could be more than this, I choose not to take unnecessary risks. From my experience, 1.3%-1.6% growth happens every day, no matter which market it is today. I analyse when is the right moment to enter and open position with the goal of 1.3%-1.6%. I do it every day. In a month period I plan to have from 39% to 48%, if every day is successful. However, I am fully aware that every single day of a month cannot be as profitable as I with, sometimes I even close orders with loss. That is why I calculate, that at least 2/3 of a month should be as I plan. That is how I earn at least from 26% to 32% of my deposit in a month. This is all I earn for a living, actually. I have been trading for 2.5 years.

[lombok]

In my opinion, Hodler and daily trading both maximize BTC potential. The only difference is in the time frame, the Hodler buys and sells in the long term (buy when the BTC price experiences a sharp decline during bearish times and sell during bullish times) perhaps with quite a large amount of funds and get a large profit too. Traders do it for a short time, sometimes in minutes to make a profit, but here sometimes they make a profit or even a loss.

[HONDACD125]

In my opinion, Hodler and daily trading both maximize BTC potential. The only difference is in the time frame, the Hodler buys and sells in the long term (buy when the BTC price experiences a sharp decline during bearish times and sell during bullish times) perhaps with quite a large amount of funds and get a large profit too. Traders do it for a short time, sometimes in minutes to make a profit, but here sometimes they make a profit or even a loss.

I think holding and trading are two different things. People who hold Bitcoin are long-term investors, and the difference between investing and trading is that investing is always done for the long term, and trading is always done for the short term. Investing is easier than trading while day trading can be very difficult and risky. Bitcoin price fluctuates on a daily basis. In which an experienced trader can make good profits, but also keep in mind that the market can go against your analysis.

While investing in Bitcoin is always done when the price falls. In investment, if the price of Bitcoin falls further, the investor does not have to face much trouble, because the purpose of this is long-term investment. So it doesn't matter much if the price falls,because he is not investing on any time frame, he knows that the price of Bitcoin will go back up one day.On the other hand, the trader sells at a loss when the price falls because he has to buy from below to take the trade again,because he is trading on a time frame on a daily basis,he cannot wait for long.

[gunhell16]

~Snip
While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

Yes, that is true. Because daily or weekly Bitcoin trading will definitely be profitable. But the problem is, it requires quite a large amount of capital to be able to make a profit with the amount you wrote down. Meanwhile, quite a lot of bitcoin investors only have capital under $500 in bitcoin. So achieving a profit target of $20-30 per day will definitely be very difficult, even almost impossible. So to trade Bitcoin on a short-term or daily basis, quite large capital is required. The minimum is to have $5k worth of bitcoin assets. If it is below that number, in my opinion it will be very difficult.

Additionally, I personally prefer investing in bitcoin for the long term. Because I think investing over a long period of time really saves time, for example not always monitoring market movements every day. Because what I experienced, monitoring market movements every day was very tiring and other activities became a bit disturbed.

However, perhaps some bitcoin investors who have quite large capital and do not have other activities can definitely trade bitcoin in a short time period/daily. Because if there are no other activities and you have large enough capital, you will definitely be more focused and the profits you will get will definitely be more optimal.

That is the true aim of a crypto trader in the commercial industry that we live in. As traders, our main goal is to make a profit, not to forecast an uncertain profit. That is why some people in our society continually teach and emphasize the importance of trade knowledge.

We have approaches and means to benefit in the crypto business field because of our knowledge. And Bitcoin is the major thing that is good and proved to generate extremely big profit if you store it for a long time, especially now that Bitcoin halving will begin next year, just a few months from now.

[Out of mind]

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.

While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

For those intrigued by this concept, there's a wealth of information available, including informative YouTube videos that can serve as a starting point for learning about Bitcoin trading techniques. These resources(https://youtu.be/c7VH96My_3I?feature=shared) can provide valuable insights for anyone willing to explore the active trading side of the Bitcoin market.
And in addition I think its right time that everyone that's interested in bitcoin should also start learning about trading since it gives a good opportunity for anyone to earn off bitcoin. What do y'all think bout this ?

The Bitcoin market fluctuates several times a day, only giving traders an opportunity to profit from it. There are also many investors who have held Bitcoin for a long time, but are not fully patient due to market volatility. But for those who trade daily, Bitcoin offers opportunities based solely on market ups and downs. It is true that Bitcoin can only be viewed as a long-term investment that an investor can earn well in the future from that investment. Moreover, those who are knowledgeable and experienced traders can complete daily income of $20 to $30 dollars if they know good strategies about the market. But there are many people who are trading different YouTube videos to earn daily but once they trade accordingly they have maximum risk of losing money. Investing in Bitcoin requires taking good investor advice so that the investment decisions made by that investor can be profitable. Moreover, if a trader watches YouTube videos to earn his daily income, he will surely take wrong advice, and he will not get good experience from there, and it will not be possible for him to earn daily. So I think in order to make decent income one must take the advice of a good trader, only then an investor can invest money and earn profit from it.

[justdimin]

Because daily or weekly Bitcoin trading will definitely be profitable. But the problem is, it requires quite a large amount of capital to be able to make a profit with the amount you wrote down. Meanwhile, quite a lot of bitcoin investors only have capital under $500 in bitcoin. So achieving a profit target of $20-30 per day will definitely be very difficult, even almost impossible. So to trade Bitcoin on a short-term or daily basis, quite large capital is required. The minimum is to have $5k worth of bitcoin assets. If it is below that number, in my opinion it will be very difficult.

Additionally, I personally prefer investing in bitcoin for the long term. Because I think investing over a long period of time really saves time, for example not always monitoring market movements every day. Because what I experienced, monitoring market movements every day was very tiring and other activities became a bit disturbed.

I would say if they can make a profit daily, then he can make that much profit too. It's already quite troublesome to make that kind of profit, and I believe that we are going to end up with a lot of trouble anyway, so there is really no reason to keep insisting on something like this, it's not going to really change anything.

Daily trading and making a profit from it is something hard and not a lot of people can do it, I do wish that a lot of people did, and you can, the more people buy the more we all profit, but unfortunately it's not that easy. Which is why I do not think that the amount is the problem, I think the idea itself is already difficult as it is and would be hard to make it no matter what the amount is.

[gunhell16]

~Snip
While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

Yes, that is true. Because daily or weekly Bitcoin trading will definitely be profitable. But the problem is, it requires quite a large amount of capital to be able to make a profit with the amount you wrote down. Meanwhile, quite a lot of bitcoin investors only have capital under $500 in bitcoin. So achieving a profit target of $20-30 per day will definitely be very difficult, even almost impossible. So to trade Bitcoin on a short-term or daily basis, quite large capital is required. The minimum is to have $5k worth of bitcoin assets. If it is below that number, in my opinion it will be very difficult.

Additionally, I personally prefer investing in bitcoin for the long term. Because I think investing over a long period of time really saves time, for example not always monitoring market movements every day. Because what I experienced, monitoring market movements every day was very tiring and other activities became a bit disturbed.

However, perhaps some bitcoin investors who have quite large capital and do not have other activities can definitely trade bitcoin in a short time period/daily. Because if there are no other activities and you have large enough capital, you will definitely be more focused and the profits you will get will definitely be more optimal.

Chances are not always on your side, dude. It's just like you say that every week the trading activity that we will do can really be profitable. Even if you say that you have 500 dollars to trade the rolling system you will do within a week, you still cannot say that you will get a lot of profit because the market is indeed unpredictable.

Because there are times when the movement of the assets we hold is not aggressive, there is also a time scenario where, even if you have a small amount of capital, you can earn more than your capital after a week because it still depends on what is happening in the world of crypto space, such as the crypto news, the situation of the global economy, and so on.

[kojektea]

While the common approach is to view Bitcoin solely as a long-term investment, it's worth considering an alternative perspective – that of an active trader. By delving into trading strategies, it's plausible to generate a daily income ranging from $20 to $30, provided one has a sound grasp of the market dynamics.

it makes sense to make bitcoin a profit of $30 to $50. However, this is a highly volatile trade. Of course, high risks have big benefits. Unfortunately, some ordinary people still think this is a strange investment because they earn a lot from investing in a shorter time. actually they just don't know its potential.

[Etranger]

It’s interesting that everyone writes that day trading is risky and dangerous, and that only few people can make money on it, and that a trader needs to listen to the advice of some YouTube gurus, and that Bitcoin has excellent potential to make a profit, but the problem is that it’s difficult to choose a working strategy, and there are a million more synonymous repetitions of the same thing, but when I wrote a few days ago about my day trading strategy, which works for me at least, I did not receive a single comment or question. I wonder if people are really interested in discussing profitable daily strategies or is it more interesting to churn out similar posts?

[bitcrystal]

Are you saying that this strategy is a full proof for making profits without losses ? this wouldnt even happen. As usual, Am there are also numerous strategies on youtube of this kind. its not everyone that can be a trader or like to watch charts to catch movement every single day. Learning a strategy even takes some time so its not something that will come so easy. if its that easy then everyone will be trading daily.

[jossiel]

It’s interesting that everyone writes that day trading is risky and dangerous, and that only few people can make money on it, and that a trader needs to listen to the advice of some YouTube gurus

It is true that trading is risky and that's the reality that not everyone is earning from it. If you do, congratulations to you. Being stable from trading is a hard thing to most. But as a trader, the information that you need to extract from those gurus are only the data that they're sharing from the world news or fundamentals that happens.

But if it's the actual strategy they share, it might not work for you.

and that Bitcoin has excellent potential to make a profit, but the problem is that it’s difficult to choose a working strategy, and there are a million more synonymous repetitions of the same thing, but when I wrote a few days ago about my day trading strategy, which works for me at least, I did not receive a single comment or question. I wonder if people are really interested in discussing profitable daily strategies or is it more interesting to churn out similar posts?

It is best to stay on what makes you profitable and do it until it's not that effective to you anymore.

[cheezcarls]

As a Bitcoin holder myself, it is my choice to just holding it than trading regardless of the market movement as I am not a day trader. Although trading is for everyone but “not for everyone”.  

The movement of Bitcoin’s price is unpredictable and it can go up or down at any moment without warning. Trading is much more riskier than buying and holding.

Maybe the OP was lucky enough to grab the opportunity to trade and made profit during that time. But do not expect that everyday will be earning profits as it is not a stable income source. There will always be losses and it’s something that we cannot avoid and is way out of our control.