Just HODL

[Aanuoluwatofunmi]

In anything you're doing today concerning crypto, just learn to know the advantage and disadvantages that is involved in doing that, taking leverage is not as difficult and risky like making arbitrage trading, we must understand we'll the cons and pros of whatever thing we heard about before accepting to go for such opportunities, some may just be the very reason to wreck us down if care is not taken, we cannot just accept whatever thing we receive from other people online and apply them on ourselves without taking a safety risk measures to ensure they work out for us as intended, in cryptocurrency, I will tell you this first thing to learn how to do things by yourself and avoid centralized institutions.

[Orpichukwu]

We have different kinds of people in this crypto industry: those who are just there to buy and sell on a daily basis and go home with whatever profit they can grab, and those who just buy and hold for a long period until the accumulated amount turns out to be profitable to them. There are also those who are leverage traders, which is just the area they focus on and that's profitable to them, and they also run into losses sometimes.
 
If you want to make a quick profit from crypto leverage trading on this highly volatile asset, one of the best ways to make those profits is to multiply your holdings in just a few minutes. If you also want to lose it all, crypto leverage trading is the best place for you, as you can also lose everything with the blink of an eye.

[Churchillvv]

As far as Bitcoin is concerned, I don't encourage trading, whether for beginners or professionals. If you have hit your maximum stash, then you can think of trading, but for the most part, it's just a hobby, so just hodl.

Even after hitting the maximum stash if there is anything like that, it can be lost within few weeks. Trading Bitcoin has made many people broke, the volatility is just so unbearable and the fastest of computer bots might be confused sometimes with the consequences causing unimaginable damage.

Probably there is something like a maximum stash. Since our cash flows are not the same, we will probably not have the same maximum amount of Bitcoin to acquire. If my target is BTC50 and yours is BTC30, this target is our maximum, so if eventually you meet up to acquire this amount of Bitcoin, you could then have a little amount of Bitcoin set aside for trading.

I do not agree with your point that trading Bitcoin has made many people broke. Every adult should be able to distinguish between when to stop and when to keep going. So if anyone loses money out of trading, it's not because he or she traded Bitcoin but because they refuse to listen to advice.

The volatility of Bitcoin is one of the features that makes it special or an investment, so for someone trading Bitcoin, he or she should be responsible for his or her actions, not blame the volatility of Bitcoin. Whatever damage is incurred as a result of trading should be solely the concern of the trader.

[CryptopreneurBrainboss]

True but bitcoin has always been offering lesser risks but some still prefer to invest in altcoins and we know most of this liquidation definitely comes from altcoin and so just better to let them know even in the altcoins HODLing is still better though is just for them to do more research and hope they investing in the right one or just stick with bitcoin.
Also for me, HODLing altcoin as a shorter spam which can be 6 months to 2 years while Bitcoin for as long as you would like.

It didn't take upto 2 years for TerraUSD ($UST), Luna and some other altcoin that were big marketcap altcoins to crash to almost zero. Some altcoins get launched with so much hype and they got rug pulled before the  week ended. Hodling alcoins are not better you're not guaranteed any profits with altcoins but you might be lucky with your picks. As said previously, altcoins are pure gamble, Instead of visiting the casinos something I play with some altcoins but I know what I'm doing is gambling and not investment.

When you're talking about proper research, I ask again what are you researching on? When looking at track records of the people involved in the project usually for those with so much potential before it comes to the limelight the price of the tokens are already too high and making profits for mostly the private Investors. Just HODLing should be said with only Bitcoin, you're guaranteed an increase (in some way) when you hodl Bitcoin, without any further development just because of the Halving effect you're set for life but altcoins doesn't have the same assurance.

[DaNNy001]

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If you want to make a quick profit from crypto leverage trading on this highly volatile asset, one of the best ways to make those profits is to multiply your holdings in just a few minutes. If you also want to lose it all, crypto leverage trading is the best place for you, as you can also lose everything with the blink of an eye.

One can even call it gambling and most especially the virtual sports game where you lose all your money in a matter of seconds. Just like you stated, everyone has their different approach to controlling their asset not everyone can do the hold till eternity game because some many crypto or Bitcoin users tend to prefer to double their holding quickly and make go with the profits they have earn knowing fully well the high risk involved.

[khiholangkang]

The best investment strategy in Bitcoin is hold and hold, the rest if you survive from trading that you don't understand the mechanics of well, in my opinion it is not recommended, but if it is for beginners who are still easily carried away by panic by the market situation, according to I think you have to be calmer and wiser in responding to market movements which are basically volatile, the aim of the halving, bitcoin ETF and the latest ATH must be stronger in holding bitcoin and don't be easily influenced by wild speculators.

[m2017]

This happened 2days ago, over $600 million has already been loss few days to 2024. Trading is hard and risky while using leverage makes it more risky especially using high leverages. One reason to avoid trading with leverage is that, these traders suffers more in pump and dump Schemes and also market Manipulations especially those traders who trade meme coins and other altcoins which are prone to this.

I consider trading to be no better than the lottery or gambling due to the incomparably greater risks involved. After a couple of successful trades, each trader begins to consider himself smarter than everyone else, but in the end this zero-sum game leads to the fact that someone still ends up at a loss. It is impossible for all traders to be successful.

The best bet now is to HODL even if you are investing in altcoin find some trusted ones and HODL while if you reduce risk entirely just stick with bitcoin since we have seen alot of altcoins which fail to meet expectations.

To date, HODL still demonstrates greater reliability than trading, but only if we talk about bitcoin. HODL altcoins almost always leads to losses and therefore, altcoins should be disposed of as soon as it has brought at least some profit.

Even if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.

It is more profitable NOT to trade.

Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.

Investing and trading are two very different things.

[Benedictare]

    HODLing as we all know is a strategy of holding our Bitcoin against all its volatility and fluctuation in price  and so until we are able to understand these we keep  on losing our savings.

   To start holding does not have a special time,the best time is now ,always and forever. A real  Bitcoin holder will always hold on whatever he/she has no matter how little even when the market is extremely volatile or crashes.

   When you hold Bitcoin for long-term of time,the price appreciate, because from history the price increase over time which makes it have an edge against  inflation because it's limited in supply protect its value from eroding away over time.

   The main reasons why you should be hodling andnot selling at any time is that Bitcoin can be the key to financial freedom since it has a unique characteristics of storing its values. The strategy helps investors avoid loss from short -term volatility and gain returns from long -term value. Remember holding brings abbout profit through value of assets kept in your wallet also income.

[Out of mind]

Because currently the market condition is very good and right now people are able to earn a lot of money just by investing in Bitcoin. Bitcoin has the highest growth compared to all other coins, and it is the highest ATH this year, and we can expect Bitcoin to reach $50,000 soon. Bitcoin is the best investment as it is a currency that always brings a person to profit level. When you keep investing in Bitcoin, your dreams will gradually come true, especially financial problems will be solved. But hodl is the best and best investment which will make you financially stable enough for some time.

[Zigabel]

Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.

I have a mentor who once told me trading cryptocurrency is trash and isn't worth the effort but then people fail to understand probably because they have seen a few who traded cryptocurrency and made some good money from it hence it becomes a point for them to believe that trading is actually a way of milking the crypto market until they suffer huge losses as this then they will accept the fact that hodling is better.

Time factor is the only separating difference between a crypto trader and one who is hodling, these two persons ends up in good profit but this have relativity to the and their capital but Hodling is way safer and profitable so just HODL

[Barikui1]

You are dam right bro, holding is the best when it comes to trading cryptocurrency. sometimes we are mostly tempted to trade futures market due to low capital which brings in low returns on spot market, but we actually don't know that we are hustling backwards by trading futures market which will get us liquidated and we will start all over again from scratch.
One thing I have understand in life and my crypto journey is that slow and consistent progress better is than rushing, which wouldn't give you a better result on the long run.

[Patrol69]

I have been holding bitcoins since long before this news and have been regularly investing my bitcoins and holding those investments. In the long term I have invested and of course I have invested in Bitcoin. Now I have enough investment but I want to increase my investment more. When I have extra money I invest that extra money directly into Bitcoin. I invested when the Bitcoin market was relatively low and now the Bitcoin market is at a relatively high level, but I have not stopped my investment. Now maybe the price of bitcoin is the highest but after a few months we will see the price of bitcoin increase from that basically I am investing in bitcoin regularly and trying to hold it for a long time.

[ImThour]

I have said it so many times earlier, you just have to HODL and keep buying every red candle on Daily. Do not think more than that, that's the only trhing you need to do to win this market.
Also, Leverage is bad for mental and wealth. Do not spend your time in that.

[ajiz138]

Currently the best thing to do is HODL. Obviously there is no point dying with your coins unspent but for now it is time to HODL. We are entering a period in Bitcoin specifically where it would be silly to start selling now. We have lots of very bullish events very close. Next week could be specifically bullish due to potentially ground breaking regulatory approvals. Don’t sell any for at least 18 months, the price will be much higher then.

Yes HODL is the best way to save our wealth in the future because it is easier for us to do than trading using leverage which obviously if you can't control it will be more risky, so I will avoid any trading and stick to HODL in the long run.

The events in 2024 will be more and more, although recently there was bad news that the SEC agency was hacked for tweeting about the approval of the bitcoin ETF, it had a slight negative impact, but I was never worried because this was not really what was waiting for but the halving was imminent after that wait 18 months as stated by experts.

[Essential10]

Bitcoin should not be sold at this time as it is currently experiencing a bull market. Its price could reach an all-time high amid the upcoming Bitcoin halving. Selling now would mean missing out on potential future gains as the price of Bitcoin continues to rise. I believe Bitcoin has long-term growth potential and could become a mainstream asset, so don't want to lose future profits by selling Bitcoin now. I want to hold on to my bitcoin until it gives me the results I want.

[Issa56]

It's January 5 and those traders who focus on using leverage are already hitting huge losses when it's not even bear market.

Even when there is no bear, traders still lose money, most especially future traders. When trading, always manage your risk. Don’t think that because the market is stable or because we are in a bull run you are going to use high leverage when trading futures. Even during a bull run, always maintain low leverage. Anything can happen at any particular time that the market will go against your trade. So when trading futures, always maintain low leverage, don’t enter a trade with all the amount you deposit, just enter a trade with some part and leave the remaining amount to extend your liquidation, and always do your analysis well before entering a trade.

Trading is hard and risky while using leverage makes it more risky especially using high leverages.

I don’t discourage people when they come to meet me that they want to learn trading, but seriously, I do discourage people from trading futures. The risk is just kind of high, and lots of people are always interested in future trading, especially the newbies, because of the high reward in future trading, but most of them don’t think about the risk involved in it, and after losing, they will end up regretting why they started trading futures.

The best bet now is to HODL even if you are investing in altcoin find some trusted ones and HODL while if you reduce risk entirely just stick with bitcoin since we have seen alot of altcoins which fail to meet expectations.

If you want to trade, then there is nothing bad about it, just avoid future trading, or use small leverage and use the little amount you can afford to lose when trading both spot trading and future trading. Altcoins are not to be trusted, even the so called strong altcoins are not supposed to be trusted, we saw the once that failed us recently, they are also strong altcoins. The best thing to do is to invest in bitcoin if you are planning to make an investment, and make sure your bitcoin is properly secured and your private key is stored properly.

[RockBell]

In anything you're doing today concerning crypto, just learn to know the advantage and disadvantages that is involved in doing that, taking leverage is not as difficult and risky like making arbitrage trading, we must understand we'll the cons and pros of whatever thing we heard about before accepting to go for such opportunities, some may just be the very reason to wreck us down if care is not taken, we cannot just accept whatever thing we receive from other people online and apply them on ourselves without taking a safety risk measures to ensure they work out for us as intended, in cryptocurrency, I will tell you this first thing to learn how to do things by yourself and avoid centralized institutions.

Aside from recognizing the benefits and drawbacks of cryptocurrency, one of the most important elements to comprehend before doing anything with it is the market. You can dive into any type of ocean. You do not simply leap into the ocean if you do not know how to swim. That is exactly how Bitcoin and the entire cryptocurrency works; if you dive in, be prepared to be lured in and lose money. When you have the advantage of knowing what to avoid, it will be easier to navigate.  There are measures that have to be taking into consideration in every involvement, one just have to be very careful in selection and in safety so many things.

We have different kinds of people in this crypto industry: those who are just there to buy and sell on a daily basis and go home with whatever profit they can grab, and those who just buy and hold for a long period until the accumulated amount turns out to be profitable to them. There are also those who are leverage traders, which is just the area they focus on and that's profitable to them, and they also run into losses sometimes.
 
If you want to make a quick profit from crypto leverage trading on this highly volatile asset, one of the best ways to make those profits is to multiply your holdings in just a few minutes. If you also want to lose it all, crypto leverage trading is the best place for you, as you can also lose everything with the blink of an eye.

People have different approaches to their involvement and already have a choice of what they want to do, which is one of the best ways to function in the crypto world. Having a choice of what you want to specify on is better that way. And the simplest is to purchase and sell if the price is low, and to buy if the price is high.

I'm also afraid of trading futures since I haven't tried it and don't think I will because I know that making money is risky, but I don't believe I'll take that sort of risk even if it is a place to set limits on how much you want to trade with. People might be greedy and wish to use a lot of leverage at times.But the issue is that when you profit from futures, you make a lot of money.

[Zigabel]

Bitcoin should not be sold at this time as it is currently experiencing a bull market. Its price could reach an all-time high amid the upcoming Bitcoin halving. Selling now would mean missing out on potential future gains as the price of Bitcoin continues to rise. I believe Bitcoin has long-term growth potential and could become a mainstream asset, so don't want to lose future profits by selling Bitcoin now. I want to hold on to my bitcoin until it gives me the results I want.

A good strategy you have there and of course if you have got the patience enough, it will definitely pay off after the halving when the main bull run will be taking place, most persons may not be opportune to be part of this Bull run probably because they will be missing out after selling off their assets at this point where it seems like there's a current bull. Most hodlers do lack patience especially for those who has got their eyes on the market and are always looking at the chart, their assets when stored in wallets online where they can easily access they tend to sell off at will and probably miss out at times


If you want to HODL for a Long time such that you will be able to make very good profit from your assets especially when you have got a good amount of money invested in it, then you may have to use cold storage and make sure to keep your phrases safe then after the halving and Bull run check on your assets and you will surely see something good.

[Bushdark]

Bitcoin should not be sold at this time as it is currently experiencing a bull market. Its price could reach an all-time high amid the upcoming Bitcoin halving. Selling now would mean missing out on potential future gains as the price of Bitcoin continues to rise. I believe Bitcoin has long-term growth potential and could become a mainstream asset, so don't want to lose future profits by selling Bitcoin now. I want to hold on to my bitcoin until it gives me the results I want.

It pays to hold but never easy decision. We can decide to hold for long and not still get what we really want after holding for so long.
One of the ways we can hold is by staking our tokens so that as we are holding, we can. As well be earning something that would not just make us to have the same quantity of tokens that we used to have. Crypto had been built in a way that would help us earn more even as we are holding that token we intend to keep for a longer time.

[FinePoine0]

Many new traders who start trading with capital (without acquiring knowledge about trading) only aim to accumulate double the amount of capital. In the new state this greed starts trading with lust and without researching the market they lean towards profit. Eventually they manage to lose money. So I warn the newbies, never come to trade because of greed, there will be a high chance of loss. If you want to trade, you must have an idea about the market and the future of that coin, then if you trade on that coin, you will be able to gain benefits.