Just HODL

[DaNNy001]

The thing is everyone wants to become trader without knowing the key note and important aspect concerning trading, that is why most people easily lose their money at cause of wanting to make huge profits or to double their money will result them to entire lost. Sticking to bitcoin is more advisable maybe they can gradually engage themselves with DCA, with DCA they can be to accumulate whatever amount of bitcoin they wish to than involving in trading and I still encourage holding.

There’s no wrong if you want to trade as long as you have what it takes to be a good trader, but if you are still a beginner who just wish to make quick profits, then let me tell you that trading is not suitable for you. Settle with hodling, the profits are still promising as long as you have the patience and persistency to hold, and the consistency to DCA every time you make a spare money from your source of income.

Not everyone has that patience to actually HODL and that's why they always see trading as a quick option to double their sats and the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.

[Churchillvv]

the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.

Exactly, this traders do not just make it look simple but make it sound like if you're not trading then you're not doing anything right. not just the traders even social media influencers make trading sound so attractive that most newbies only thing of trading even with good knowledge of the market and how it works.

They show off the luxurious lifestyle that makes beginners wish to be like them that have taken a 1000 step on it and a newbie with almost zero knowledge wants to trade and make same profit like the role models.

What this people show to the public is absolutely different from what really happens in the real trading.

[FinePoine0]

Just a heads up, Bitcoin's halving is coming, signaling a potential bull run. Enjoy the ride, but don't get too greedy. Good risk management is key; it's not about going all in recklessly. Be smart, find a solid strategy for this season. For those playing it safe, BTC is a reliable bet. Diversifying your investments is wise, but be cautious with meme coins; they come with risks. If you choose to invest, be aware of the risks and only invest what you're willing to lose. It's about being savvy and ready for potential shifts. Let's navigate this together with caution and wisdom.

This may be a good time to buy bitcoins before bitcoin halving because after bitcoin halving the market will definitely go to a good place i.e. there will be a possibility of pumping. But if you can't invest and hold bitcoins, you can't expect good profits. If the holding is timed and I can sell that holding in a potentially pumping market, there is definitely a potential profit potential. So holding Bitcoin and investing at the right time is a very important issue.

[Zanab247]

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.

If you can hodl in this period that is making the market price not to be stable for long term hodlers and short term hodlers than to continue hodling their coins till the right time to sell come before they can visit the market to take profits.

 Based on the condition the market is right now, it show that bull run is no longer far from the market, maybe the bull run will surely occur before the end of this month so that those that invested in the past will use the opportunity to earn from their investment.

[Adbitco]

~snip~

There’s no wrong if you want to trade as long as you have what it takes to be a good trader, but if you are still a beginner who just wish to make quick profits, then let me tell you that trading is not suitable for you. Settle with hodling, the profits are still promising as long as you have the patience and persistency to hold, and the consistency to DCA every time you make a spare money from your source of income.

Not everyone has that patience to actually HODL and that's why they always see trading as a quick option to double their sats and the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.

Trading is good if you know what you are doing there not just to go there to start losing money because some people always have this mindsets that once they began trading they will start doubling their money, however it's also good to taste the other side of cryptocurrency because with a complete knowledge they can be able to guide someone how to go about with their crypto journey because most people that doesn't know how to trade do not know how risky is the market less until they began to learn know what it takes to be called a trader. Holding is simple, what they needed is just a reliable trusted wallet to store in their investment.

[Mpamaegbu]

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.

So, what are the trusted altcoins to hodl? The top 10 on the list? I don't think so. We've seen top listed coins dump to no return. The only people I can encourage to hodl altcoins will be those who realize the massive risk in hodling altcoin and monitoring all their social media handles so as to be in the know when any FUD comes up. Otherwise, inexperienced folks should steer clear of ALTs investment and hodl only Bitcoin. To state is clearly, hodl Bitcoin at this period. The dynamics might change after 2025 and it won't be favourable to even hodl Bitcoin then, who knows.

Don't be deceived, not all altcoins will rally up even with Bitcoin halving. Most of the altcoins will dump. So, let no one make you believe that every shit token will have a strong showing once the bull rally starts.

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.

Risk is risk. Everybody should know that. Spot trading won't give the type of ROI Futures will give you and I believe that's why traders choose the other. Everyone to their risk level.

[NNRR]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

[NewRanger]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Of course, there are a lot of losses, especially if market conditions are unstable and the trading pace is very frenetic, such a negative balance is a fairly big risk especially if you set high leverage. Personally, when trading, I prefer to trade spots safely by taking advantage of market conditions, where the more the price moves, the more profit can be made from trading. If the price has not moved significantly, like the title of the OP post above, just HODL our assets and wait for a while. which is appropriate if you really want to execute it.

[Rockstarguy]

Trading is not a good choice for beginners but sadly, many do this believing that they can make it right but the results are disappointing.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.

In fact, many old traders quit trading and are now becoming investors and holders because they know and based on their experience it was the best option to take.

So many beginners just feel trading is as easy like the way they think, and they think it is something they can do without making any effort to learn about it. Beginners just feel the most important thing in trading is to have capital to start up and it will surely bring fort good profit. Trading is not something that can be done just with a little idea, the necessary things that one is supposed to know in trading, it is expected for a beginner to have it. I have always say their is no shortcut to make profit in trading, people needs to understand it very well.

Investing is better for people who find it difficult to learn about trading.  in investing what one needs to understand is to have patience and understand the volatility of the market, that profit can't be predicted when to get it because of the market can't be predicted. If one is able to understand the market and hodl good profit can be made by investing bitcoin.

[ultrloa]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Of course, there are a lot of losses, especially if market conditions are unstable and the trading pace is very frenetic, such a negative balance is a fairly big risk especially if you set high leverage. Personally, when trading, I prefer to trade spots safely by taking advantage of market conditions, where the more the price moves, the more profit can be made from trading. If the price has not moved significantly, like the title of the OP post above, just HODL our assets and wait for a while. which is appropriate if you really want to execute it.

Don't set high leverage on your trades especially if you don't know what you are doing since futures trading is really risky since it can liquidate you especially if you are not careful enough on your position and you are always not around watching your trades. That's why I always prefer spot since even if the market drop so bad still we have a choice to hodl our bought coins and we can't encounter any lose unless we sold our crypto out of panic.  People especially those new to industry should not trade on futures because the risk is so high and to many unimaginable things happen there so best resort for them is to practice on spot because we are still in control of our funds and just like OP said we can hodl it until we can.

[yazher]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Just holding is the best thing to do when it comes to investing in bitcoins because you will have all the authority to decide when you will sell them no matter how sooner or later unlike that kind of trading which has lots of risks involved and you don't have full control of it especially when it comes to selling your bitcoins whenever you like. Unlike those people who are keen and careful when it comes to their bitcoins, they even bought some hard wallets in order to keep them safe and have total control of their crypto assets. This is how it should be for everyone because that's when you can finally say that it is your bitcoins and not theirs. After all, you will have the full decision on whether or when and where to sell it.

[Y3shot]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Just holding is the best thing to do when it comes to investing in bitcoins because you will have all the authority to decide when you will sell them no matter how sooner or later unlike that kind of trading which has lots of risks involved and you don't have full control of it especially when it comes to selling your bitcoins whenever you like. Unlike those people who are keen and careful when it comes to their bitcoins, they even bought some hard wallets in order to keep them safe and have total control of their crypto assets. This is how it should be for everyone because that's when you can finally say that it is your bitcoins and not theirs. After all, you will have the full decision on whether or when and where to sell it.

Hodling has always been the easiest way to make profit in bitcoin but this seems difficult for some people because what they want is quick profit. When it comes to investing,  one can target buying in the dip and decide to invest it for a longtime and this will definitely yield good profit.  Hodling is very easy to make profit if only one has the understanding of exercising patience.  In bitcoin investment one can always make decisions of waiting to get target .

[Saint-loup]

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.

All these losses are because some people just panic at every little shift in expectations, whereas they know too well that they are gambling yet leverage with what they might not afford to lose.

Since we are still anticipating halving, the advice is to just hodl, which the supposed majority of us here already know or are doing already.

I don't understand, you advice people against trading but you recommend them to not sell their Bitcoin before the halving? What is it if not a swing trade? You can't predict the future dude, so don't say it's safe or less risky than trading to make such bet, because you don't know how the market will react in the coming months. And you shouldn't expect whales to sell their bags after everyone, they have to do it before if they want to find enough liquidity.

[Distinctin]

Trading becomes more impressive since it offers fast earning profits as long as you know how to trade. But if you do trade just to avoid getting FOMO, then you are obviously in the wrong path. Trading demands higher risk, so it demands higher skills as well so you can manage and sustain its risks.

However, when you fail from trading, you can always go back to long term hodling. Although the profits are not achieved short term but definitely the upcoming profits are definitely worth the wait.

[odunybiz]

In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Just holding is the best thing to do when it comes to investing in bitcoins because you will have all the authority to decide when you will sell them no matter how sooner or later unlike that kind of trading which has lots of risks involved and you don't have full control of it especially when it comes to selling your bitcoins whenever you like. Unlike those people who are keen and careful when it comes to their bitcoins, they even bought some hard wallets in order to keep them safe and have total control of their crypto assets. This is how it should be for everyone because that's when you can finally say that it is your bitcoins and not theirs. After all, you will have the full decision on whether or when and where to sell it.

Hodling has always been the easiest way to make profit in bitcoin but this seems difficult for some people because what they want is quick profit. When it comes to investing,  one can target buying in the dip and decide to invest it for a longtime and this will definitely yield good profit.  Hodling is very easy to make profit if only one has the understanding of exercising patience.  In bitcoin investment one can always make decisions of waiting to get target .

Almost all investors wish to hold their bags especially one filled with BTC. This is because most investors know the potential in BTC but most sell out when they are in need of money. Imagine you need a money urgently for a project and you have tried your best to get this money but it doesn't work. Sometimes you have no option than to look into your bag and sell some of your coin to make some cash to settle your bills.

[Zanab247]

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.

Since the bear run is still flowing in the market and it is a season to buy and hodl to watch for the price to increase to your satisfaction before you can sell to make profits and to get prepare for another bear to come before you can buy again and hodl.

As you can see now, hodling is the best choice in this season if you want to be smile in the future because many coins has started developing red light which is a sign that bear season is still on but the way the market price look like this morning, it show that bull run will surely take place before the end of this month of January for hodlers to make profits.

[Etranger]

As you can see now, hodling is the best choice in this season if you want to be smile in the future because many coins has started developing red light which is a sign that bear season is still on but the way the market price look like this morning, it show that bull run will surely take place before the end of this month of January for hodlers to make profits.

I won't be so sure about that, to be honest. I am waiting for another noticeable correction. We always have observed such several months before each halving. And I have confidence that similar thing will happen this year as well. Only after such a correction we can say about the beginning of a bull cycle, which will be huge, in my opinion.

[encryptogon]

Holding Bitcoin should be the ultimate goal of everyone. From a historical perspective, it is always beneficial to hold Bitcoin for a longer period. BTC prices over the years have increased substantially. If a person can hold Bitcoin for a decade, he might become very rich.
Bitcoin halving is around the corner, and from past trends, it is easily predicted the price will increase after the halving. At the moment, the price is fluctuating, and these conditions are not good for trading, so it is better to hold.

[Etranger]

Bitcoin halving is around the corner, and from past trends, it is easily predicted the price will increase after the halving.

Just increasing is not enough. To make a profit on holding requires not only to hold but also to sale at the right moment. And when exactly this moment will come nobody knows, but everyone decides for himself. I am sure the price will rise up after halving. But I also make some predictions and plans when I will exit the position, based on the price analysis I make.

[Huppercase]

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.
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.

Did you see billions of volume that is been trended on futures daily? That is to tell you that people love trading leverages than spot trading because of the quick profits. Many of them have less amount of money but want to feel the vibe of holding bitcoin profits and because they don't have the means, they sort to do futures trading.
However, many of them are clouded by greed, if not for lack of contentment and greed, why will you even be doing 25x leverage? They want to drive Lamborghini with their $20  balance.

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.

A trader that knows what he is doing is supposed to go above 10x max, even that is risky but that's the max I think a trader should go, anything above that level is not trading neither will I called it gambling, that's an act of losing money deliberately because with 10x leverage, a 10% decrease will liquidate a trader and that is possible on a daily bitcoin candle, it's stupid to even think of going for 10x leverage.

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.

This has been discussed and will continue to be a topic of discussion, I just feel that people will do whatever they wish to do with their money irrespective of what people view them or think about them. Spot trading is one the simplest ways to make money not the easiest way because some people does lost money there as well and will called trading a scam. Even in future trading, we have people that makes money from there just that the number is small compared to people that loss to liquidation.