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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 12337 times)
uneng
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September 20, 2024, 12:38:51 AM
 #1501

I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.
The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.

And doesn't matter how professional and skilled the individual is on trading matters, he still can't forecast the next movement of crypto market accurately. These people making a decent living from trading you mentioned must have another sources of income to ensure their finances continue doing well in case trading fail along the way.

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justinlamode
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September 20, 2024, 01:38:27 AM
 #1502

The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.
Holding for few years is just what we generally regard as investment since trading is seen from the angle of a couple of days or months before the selling. I think it is necessary to make that distinction for the purpose of the discussion because even short term investment is not too different from position trading which involved holding for several months and sometimes years.

And doesn't matter how professional and skilled the individual is on trading matters, he still can't forecast the next movement of crypto market accurately. These people making a decent living from trading you mentioned must have another sources of income to ensure their finances continue doing well in case trading fail along the way.
You are right because it is absolutely difficult to predict the movement of the market with accuracy.  When you consider the stress involved and the risk you will be taking, you will realise that it is not just necessary because the stress is not worth it when there are better alternatives such as simply buying and holding.

If two investors start their Bitcoin career with the same capital, one chose to start with trading while the other chose to buy and hold, there are high chances that the holder will become more successful than the trader. This is why .any people feel it is more comfortable and reliable to invest and hold than to trade.
cryptoWODL
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September 20, 2024, 05:50:35 AM
 #1503

It is not possible for one person to be a trader and investor at the same time. If any trader claims to be an investor, I would call him a hypocrite. Because a trader is very likely to be tempted. He may not have the control to hold the investment while trading. It is almost impossible for a person to keep his savings for long when he is involved in trade. I can't call you an investor if you can't keep your savings for a long time. Short-term or price-sensitive investors are considered traders. By holding bitcoins for a short period of time he may consider himself an investor on his behalf but not an investor on our behalf or especially on my behalf.
I think Your idea is completely wrong. One has to control emotions even greed when it comes to investing and trading. A person can be both an investor as well as a trader. Investing does not mean that we have to invest our entire money in Bitcoin, we can also trade in other coins. Basically we need to diversify our investments. We mainly do trading in short term. If buy a coin for trading even if we see a positive growth of that coin in the market then we sell it even with small profit. Bitcoin investment on the other hand we try to hold it for a long period of time as per our ability it can be up to several years.

Basically our investment takes a target and we try to hold it for a long period of time, we continue to invest relentlessly until we reach that specific target. I have seen many people who have been successful in investing for a long time are also trading along with investing, don't you consider them as investors?

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Zackz5000
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September 20, 2024, 10:42:03 AM
Last edit: September 20, 2024, 11:13:51 AM by Zackz5000
Merited by JayJuanGee (1)
 #1504

I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.
The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.

And doesn't matter how professional and skilled the individual is on trading matters, he still can't forecast the next movement of crypto market accurately. These people making a decent living from trading you mentioned must have another sources of income to ensure their finances continue doing well in case trading fail along the way.
When the purpose is to hodl Bitcoin for a long term then it is no longer trading but investment. Trading is always for a  short time purpose then investment is when an investor is accumulating Bitcoin either with the DCA strategy and hodl for long within a period of 4-10 years and above.

And also stop referring Bitcoin to crypto so be careful when you use the word Crypto so you won't get people confused here so if it is shitcoins you are talking be specific and say shitcoins if it is also Bitcoin then it is Bitcoin and stop using crypto as it generalises the entire cryptocurrency market.

This is because when people hear crypto they already believe is a scam investment expecially for new investors or newbies been specific will put a clear understanding in the mind of those investors.

avp2306
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September 20, 2024, 11:30:05 AM
 #1505

The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.

And doesn't matter how professional and skilled the individual is on trading matters, he still can't forecast the next movement of crypto market accurately. These people making a decent living from trading you mentioned must have another sources of income to ensure their finances continue doing well in case trading fail along the way.
When the purpose is to hodl Bitcoin for a long term then it is no longer trading but investment. Trading is always for a  short time purpose then investment is when an investor is accumulating Bitcoin either with the DCA strategy and hodl for long within a period of 4-10 years and above.

And also stop referring Bitcoin to crypto so be careful when you use the word Crypto so you won't get people confused here so if it is shitcoins you are talking be specific and say shitcoins if it is also Bitcoin then it is Bitcoin and stop using crypto as it generalises the entire cryptocurrency market.

This is because when people hear crypto they already believe is a scam investment expecially for new investors or newbies been specific will put a clear understanding in the mind of those investors.

I don't know why people even talk about trading here especially that the discussion flow is all about holding. But if they really want to test out the market by trading then do it since they are the one could able to choose what they want to do with their funds. But I highly discourage people to participate on this especially if they have lack of knowledge since we all know market is so risky and there's so many things need to think about and this activity is not newbie friendly since there's huge chance for them to lose their money on this.

Maybe they should come up with less risky investment and for sure they would love to do DCA especially if they execute it already since it introduce them the lower risk investment since they could able to acquire bitcoins at any price they want to purchase and they could  not care to much about the volatility since by this method they are using it can make them ignore those things and the one will be in their mind is they are doing that because they have target years set on their journey done with hodling bitcoin.

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EarnOnVictor
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September 20, 2024, 11:38:27 AM
 #1506

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading.

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.

If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.
You are right about trading even though you didn't use the right words where applicable. Trading is not child's play and those who often complain about it are those who did not know it or didn't apply what they know rightly, and this also depends on what they know (before application) because many people calling themselves traders are merely carrying wrong trading mentality about. Anyone who wants to limit their losses in trading must know how to use their stop loss very well and use it to positively impact their risk management. They should also ensure that a good trading strategy is being used, otherwise, no matter how they try they will continue to fail and get frustrated.
Well why it's very good to focus more on Bitcoin investment over trading is that it gives you stability like continuous progress, unlike trading that you might have a good day today and have a terrible day the next day, or you can even use just a day to lose all the gains you made in a month if risk management strategy is not utilize properly,
Lol...well, you are right about trading and investment contrasting remarks, trading might be good for some people but it's bad for most people because it's more risky if we compare it with investing. But this is not what this discussion is all about, I replied to the discussion of pure trading and not investing, so it's good we limit it to that to avoid widening what is not there. You may read the quoted posts that attest to this.

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September 20, 2024, 11:48:07 AM
 #1507

Trading and investing are two completely different things but at the beginning we lump them together. And there are many people whose activities show that they are trading but they claim to be investors. How I put it, the person buys bitcoins and keeps the bitcoins for a few days when he sees that the market is positive and makes some profit then he sells his bitcoins and waits again for the market to come back. We must consider this as trading. Investing is not like that, investing is buying a coin in a long term plan and holding it for a long period of time. That is, if an investor buys Bitcoin, he cannot plan to sell the investment for a long time and must try to maintain the continuity of the investment according to his ability. If we are successful in doing this, we will be considered as an investor. But the road to long term investment is not so easy, it is much more challenging and we must accept this challenge and ensure to sustain it for a long time to achieve success.
It is not possible for one person to be a trader and investor at the same time. If any trader claims to be an investor, I would call him a hypocrite. Because a trader is very likely to be tempted. He may not have the control to hold the investment while trading.
Being a bitcoin investor doesn't mean a person can not trade as well, It's a matter of choice. But I see such choice as not a good choice expecially at the beginning of a persons journey of HODLing. It is better people concentrate on bitcoin investment and see what they get out of it in the lung run, before they can think od gambling %10 of the HODLing by trading. No doubt most folks do trading+investment simultaneously, by investing once at a go (lump sum), or DCA. and continue trading on a daily basis which doesn't stop them from investing.  of course that is not what we are discussing here, but just to bring to your notice that it is possible but not encourageable.



Yes is possible but just like you said is not encouraged especially for a newbie to go into because at a point it will surely distract them, take for a example a newbie who just started Bitcoin long term investment and also trading when he start losing money in trading he will also lose his focus in long term investment and that will be the end of it.
For me I think when one is into Long term Bitcoin investment using DCA strategy he should focus in it and forget about trading because it will cause him or her distraction, one can't compare someone that is focused in Long term Bitcoin investment using the DCA strategy and someone that is into Long term Bitcoin investment using DCA strategy and also active in trading that person that is just focused in Long term Bitcoin investment using DCA strategy will do more better and become successful more than the other person.
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September 20, 2024, 12:31:50 PM
 #1508

Quote from: uneng
Quote from: Moreno233
I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.
The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.
Using the long term strategy to hodl your coins, it will give you reasonable profits than those that is using short term strategy in their hodling because it hard for the short term hodlers to earn big profits from their trading than long term traders. But there are some day traders that use to earn profits from their daily trading, but some of them are not satisfied with what they are earning from their daily trading, but the reason why they are still using the day trading is because they don't have the money to go into the long term trading because it requires money and patient in their hodling when waiting for the price of their choice to occur in the market before they can trade to earn profits.

Quote
And doesn't matter how professional and skilled the individual is on trading matters, he still can't forecast the next movement of crypto market accurately.
Crypto price is unpredictable no matter how good you are in the crypto industry, but if you can apply patient in your hodling,  I guess you will get what you want from the market or you want your target to come to pass before you can trade  to earn your favorite profits, pay attention to your patient because there is no way you can hodl for long for your prediction not come to past in the market.

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September 20, 2024, 01:14:38 PM
 #1509

The market have shown in recent times that it is easy for the market to recover after a long period of decline in price. It took the market just one week to cancel all the drops in price we have experienced for the past few months after the halving. This is the more reason we should not sleep on duty when the market give us the opportunity to buy at lower prices like it did with the period of decline. The people who took the chance to invest aggressively within their risk limit and financial capabilities will be smiling now as majority of their position would have been in profit by now. I believe we are not there yet as the market is still building momentum so the opportunity to buy lower is still very much available.

It will be very wrong of anyone to assume that the few green candles we have seen indicates that the market is pumped already. That might just be the beginning of something greater as we approach the last quarter of the year. I don't know what is stopping anyone to buy more and keep adding more stash of Bitcoin to their portfolio; those will will chose Bitcoin will be handsomely rewarded.
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September 20, 2024, 02:07:01 PM
 #1510

Quote from: uneng
Quote from: Moreno233
I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.
The only trading strategy which have potential to work in an unpredictable market is long term trading, which involved the trader holding for a long time period, up to few years... That is why patience is needed. On the other hand, for daily traders there aren't any assurances they are going to make guaranteed profit from this activity in a daily basis, therefore to rely a living from trading is too risky due to market's conditions.
Using the long term strategy to hodl your coins, it will give you reasonable profits than those that is using short term strategy in their hodling because it hard for the short term hodlers to earn big profits from their trading than long term traders. But there are some day traders that use to earn profits from their daily trading, but some of them are not satisfied with what they are earning from their daily trading, but the reason why they are still using the day trading is because they don't have the money to go into the long term trading because it requires money and patient in their hodling when waiting for the price of their choice to occur in the market before they can trade to earn profits..
@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.

Crypto price is unpredictable no matter how good you are in the crypto industry
You should be more specific on what the term bitcoinand not crypto because shitcoins are not bitcoin and newbies might be mislead with your statement thinking shitcoin is worth investing in and hodli for long whereas only bitcoin is worth investing in and hodli for long because it is going to be more valuable in future compared to the price it is now. Bitcoin is king with great potential and should not be compared or classified with shitcoins.

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Barikui1
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September 20, 2024, 02:19:32 PM
 #1511

The market have shown in recent times that it is easy for the market to recover after a long period of decline in price. It took the market just one week to cancel all the drops in price we have experienced for the past few months after the halving. This is the more reason we should not sleep on duty when the market give us the opportunity to buy at lower prices like it did with the period of decline. The people who took the chance to invest aggressively within their risk limit and financial capabilities will be smiling now as majority of their position would have been in profit by now. I believe we are not there yet as the market is still building momentum so the opportunity to buy lower is still very much available.

It will be very wrong of anyone to assume that the few green candles we have seen indicates that the market is pumped already. That might just be the beginning of something greater as we approach the last quarter of the year. I don't know what is stopping anyone to buy more and keep adding more stash of Bitcoin to their portfolio; those will will chose Bitcoin will be handsomely rewarded.
Yea, you are very much correct on this, it's actually a normal thing for the price of Bitcoin to decline and it's those that knows nothing about Bitcoin or have no faith in it that always react negatively to what the market is doing, because if you are truly accumulating Bitcoin through the DCA accumulating strategy, and you planned on holding for a very long period of time, you wouldn't be that bothered, because we are still in the early days of Bitcoin, so right now is very and extremely cheap compared to the price is going to be in like 10 to 20 years time from now, so the best thing to do is to seize the opportunity now and buy Bitcoin irrespective of it current price, because your investment is definitely going to come in handy when Bitcoin has done 10x to 20x in the future.

Then as for those waiting to buy only the dip, though it's a logical strategy, but the major disadvantage of it is that they are going to miss a whole lot of buying opportunities due to the fact that they thought the price of Bitcoin would go even deeper, so that is why the DCA accumulating strategy remains the best way to accumulate Bitcoin, because you buy in every price interval and even the deepest part of the dip that someone using lumps sum missed thinking it would dip  even further, so in essence of what am trying to say is that now is the best time to buy Bitcoin not later or tomorrow.











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DubemIfedigbo001
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September 20, 2024, 03:47:31 PM
 #1512


@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.











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uneng
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September 20, 2024, 09:01:10 PM
 #1513

Holding for few years is just what we generally regard as investment since trading is seen from the angle of a couple of days or months before the selling. I think it is necessary to make that distinction for the purpose of the discussion because even short term investment is not too different from position trading which involved holding for several months and sometimes years.
Thinking on trading as the practice of holding only for days or up to few months before selling, makes the activity even more risky for those seeking for a reliable source of profit, at same time it becomes more similar to gambling activity. Regards short term investments in crypto industry, I fear it's not possible to name them as investments due to the unpredictability factor involved. Analysis don't work on short run here, therefore it's a better idea to focus the investments made in crypto aiming long term returns exclusively.

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September 20, 2024, 10:18:47 PM
 #1514

The market have shown in recent times that it is easy for the market to recover after a long period of decline in price. It took the market just one week to cancel all the drops in price we have experienced for the past few months after the halving. This is the more reason we should not sleep on duty when the market give us the opportunity to buy at lower prices like it did with the period of decline. The people who took the chance to invest aggressively within their risk limit and financial capabilities will be smiling now as majority of their position would have been in profit by now. I believe we are not there yet as the market is still building momentum so the opportunity to buy lower is still very much available.

It will be very wrong of anyone to assume that the few green candles we have seen indicates that the market is pumped already. That might just be the beginning of something greater as we approach the last quarter of the year. I don't know what is stopping anyone to buy more and keep adding more stash of Bitcoin to their portfolio; those will will chose Bitcoin will be handsomely rewarded.
Bitcoin have more probably of rising than falling basically from past events, it’s still certain the price of bitcoin has not gotten so high for anyone not to invest now but I can’t speak for the future. Despite all this we can’t expect less from bitcoin and it seems bitcoin price is doing perfectly fine talk more of bitcoin price in 2025. It’s always good we take chances and invest even when we feel we’re getting over aggressive if comfortable with such level of aggressiveness it’s by choice but investing now is better than regretting later on.

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September 20, 2024, 10:22:58 PM
 #1515


@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
Short-term investment I think the duration is under one year and long-term investment the duration is over one year.
However, on average, currently more people want to apply their investments for the long term with the aim of their retirement. Sometimes things happen that make them stop accumulating and they are included in short-term investments.
Now talking about holders I think that is the right word for those who do not sell their btc ownership at any time. Loyalty to holding btc above an average of 10 years of course they are holders.

Holding for few years is just what we generally regard as investment since trading is seen from the angle of a couple of days or months before the selling. I think it is necessary to make that distinction for the purpose of the discussion because even short term investment is not too different from position trading which involved holding for several months and sometimes years.
Thinking on trading as the practice of holding only for days or up to few months before selling, makes the activity even more risky for those seeking for a reliable source of profit, at same time it becomes more similar to gambling activity. Regards short term investments in crypto industry, I fear it's not possible to name them as investments due to the unpredictability factor involved. Analysis don't work on short run here, therefore it's a better idea to focus the investments made in crypto aiming long term returns exclusively.
Trading practices are adherents to making quick profits but many risks. Not many are successful unless they change their course to become a holder. Among other things, major accidents in trading practices are the problem of fees that you must always pay in every trade made, often also experiencing losses due to panic and that falls into two categories in two things, loss capital, fee costs you must pay.
So of course choosing to be a long-term investor is a wise choice with the main goal of buying bitcoin not other crypto.

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September 20, 2024, 10:53:55 PM
Merited by JayJuanGee (1)
 #1516


@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
Short-term investment I think the duration is under one year and long-term investment the duration is over one year.
No that's a mid term investment.
Long term is usually 5 years if you pushing it and normally above 10 years.
Short term holders?
Guess that's a fancy way of saying Long term traders.
HODLING means despite the rain and sun and storms you ain't moved by the market to sell your holdings.

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Stablexcoin
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September 21, 2024, 03:42:44 AM
 #1517


@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
In this context, you are the wrong one. Read again if you don't understand what he meant by hodler Hodler in this context means the ability to hold something for long. You can hold something for a long and say short-term holder. Maybe you are contradicting holder to holder. Maybe before you jump into an argument you should ensure you read through the sentence so that you won't argue blindly.

And meanwhile, your explanation for short-term and long-term lacks clarity yet you tend to prove someone right to be wrong.

fadhilz123
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September 21, 2024, 05:32:26 AM
 #1518

Short-term investment I think the duration is under one year and long-term investment the duration is over one year.
No that's a mid term investment.
Long term is usually 5 years if you pushing it and normally above 10 years.
Short term holders?
Guess that's a fancy way of saying Long term traders.
HODLING means despite the rain and sun and storms you ain't moved by the market to sell your holdings.
The phrase you said is actually quite reasonable for most people to understand because currently there are still those who consider themselves short term holders, even though such people are more suitable to be called long term traders because they still make a target to sell it back in a not so long time even though we can make every time setting to hold it ourselves according to our own tastes. But for long term Bitcoin holders, they usually hold it for close to ten years or more than five years to see how much profit they can get from it.

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September 21, 2024, 05:57:43 AM
 #1519


@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
In this context, you are the wrong one. Read again if you don't understand what he meant by hodler Hodler in this context means the ability to hold something for long. You can hold something for a long and say short-term holder. Maybe you are contradicting holder to holder. Maybe before you jump into an argument you should ensure you read through the sentence so that you won't argue blindly.

And meanwhile, your explanation for short-term and long-term lacks clarity yet you tend to prove someone right to be wrong.
Thanks for pointing that out, I think I didn't read very clearly, I thought I saw Holder, but it was Holder, such things can be confusing you know? I'll contribute in support then.

The philosophy of a Hodler is rooted in a long-term belief in the fundamental value and potential of cryptocurrencies, it’s a strategy that leverages the power of patience over the high-risk, high-reward nature of active trading.

Hodlers typically believe that despite the short-term market fluctuations, the intrinsic value of cryptocurrencies like Bitcoin will see exponential growth in the long run.

This belief often extends to a conviction that cryptocurrencies will eventually supplant traditional currencies and reshape the global financial landscape.

https://www.techopedia.com/definition/hodler#:~:text=Is%20it%20Hodler%20or%20Holder,Bitcointalk%20forum%20post%20in%202013.












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September 21, 2024, 06:48:09 AM
 #1520

@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
Short-term investment I think the duration is under one year and long-term investment the duration is over one year.

You are free to label your timeline however you like, yet if you understand that historically bitcoin has been on a 4-year cycle pattern and there is no reason to NOT continue to consider bitcoin on a 4-year cycle pattern, then you should realize that if you are planning to hold bitcoin for any less than 4 years, then you are most likely trying to play BTC's wave, which is not investing.. It is trading.

But hey, whatever, call it what you like.

Another thing the ONLY reason that ONLY a 4-year investment timeline would be reasonable would be based on age, health or other investment shortening circumstances, so that in other words, most investments should attempt to have longer timelines of 10, 20, 30 years or longer... and surely if any of us builds up an investment portfolio that largely involves bitcoin, then it would be reasonable to consider bitcoin as a lifelong investment in which at some point we might start to draw upon it after we have gotten it to a level that allows us to either use it as a sustainable income for all of our income or perhaps to supplement other cashflows that we might have later down the road.

But hey whatever do what you like if you actually consider one year to be long term and you are failing refusing to recognize and appreciate the power of bitcoin as an actual long term investment that should be 4-10 years or longer.  You are free to do what you like, including but not limited to having fun staying poor.

However, on average, currently more people want to apply their investments for the long term with the aim of their retirement. Sometimes things happen that make them stop accumulating and they are included in short-term investments.
Now talking about holders I think that is the right word for those who do not sell their btc ownership at any time. Loyalty to holding btc above an average of 10 years of course they are holders.

Once you reach enough BTC, then you can engage in sustainable withdraw practices that might be either price based or time based, so there is no need to sell all of your bitcoin in order to follow a sustainable withdrawal system in which BTC's value is likely going up faster than you are withdrawing from it.. so it becomes almost perpetually sustainable if you don't overly withdraw... so if for example, if you need an income of $6,666 per month, then in traditional investments you would need to have $2million in assets to withdraw at 4% per year, yet with bitcoin you may well only need to have $800k in assets (valued at the 200 WMA value - which is a bottom price) and able to withdraw at 10% per year... and still be equally sustainable.. yet if there is not confidence in the outline that I just provided, then you could accumulate more BTC in order to have a sufficient cushion to allow confidence in regards to its sustainability - and surely each per son is responsible for figuring out his own sustainable withdrawal parameters, yet the point is that there is no need to sell all your BTC when BTC is the best place to have value and there are likely preferences to spend from other assets and income sources prior to spending from your BTC.. in accordance with Gresham's law princiiples.

Holding for few years is just what we generally regard as investment since trading is seen from the angle of a couple of days or months before the selling. I think it is necessary to make that distinction for the purpose of the discussion because even short term investment is not too different from position trading which involved holding for several months and sometimes years.
Thinking on trading as the practice of holding only for days or up to few months before selling, makes the activity even more risky for those seeking for a reliable source of profit, at same time it becomes more similar to gambling activity. Regards short term investments in crypto industry, I fear it's not possible to name them as investments due to the unpredictability factor involved. Analysis don't work on short run here, therefore it's a better idea to focus the investments made in crypto aiming long term returns exclusively.
Trading practices are adherents to making quick profits but many risks. Not many are successful unless they change their course to become a holder. Among other things, major accidents in trading practices are the problem of fees that you must always pay in every trade made, often also experiencing losses due to panic and that falls into two categories in two things, loss capital, fee costs you must pay.
So of course choosing to be a long-term investor is a wise choice with the main goal of buying bitcoin not other crypto.

I largely agree with your points here in terms of investing, buying holding is better than trading, yet I still disagree with your earlier assertion that 1 year is long term investing..

@Zanab247, I guess that you are going off topic because this is not a trading topic and there is nothing like short-term hodler. A hodler is someone who only buy bitcoin and does not want to sell it for a very long period of time but just keep it in his possession without giving a fuck about the price of bitcoin. Short-term investors are called traders because they are only after buying and selling too quick.
You're wrong, there's a thing like short-term holder and a short-term holder also known as weaker hands is a person whose Bitcoin purchase has not reached 155 days before selling off either for profits or loss while long-term holders (strong hands) are those who holds for relatively Longer period of time and when short-term holders are selling off their investments, long-term holders are busy accumulating regardless of the pricing because they have the intention of keeping their investments for a longer period of time.

There's nothing like a holder, it's either you're a short-term  holder, or a long-term holder. The precision in the prefix differentiate the two with respect to the duration of their holding.
In this context, you are the wrong one. Read again if you don't understand what he meant by hodler Hodler in this context means the ability to hold something for long. You can hold something for a long and say short-term holder. Maybe you are contradicting holder to holder. Maybe before you jump into an argument you should ensure you read through the sentence so that you won't argue blindly.

And meanwhile, your explanation for short-term and long-term lacks clarity yet you tend to prove someone right to be wrong.
Thanks for pointing that out, I think I didn't read very clearly, I thought I saw Holder, but it was Holder, such things can be confusing you know? I'll contribute in support then.

The philosophy of a Hodler is rooted in a long-term belief in the fundamental value and potential of cryptocurrencies, it’s a strategy that leverages the power of patience over the high-risk, high-reward nature of active trading.

Hodlers typically believe that despite the short-term market fluctuations, the intrinsic value of cryptocurrencies like Bitcoin will see exponential growth in the long run.

This belief often extends to a conviction that cryptocurrencies will eventually supplant traditional currencies and reshape the global financial landscape.
https://www.techopedia.com/definition/hodler#:~:text=Is%20it%20Hodler%20or%20Holder,Bitcointalk%20forum%20post%20in%202013.

There seems to be mischaracterizations and misleading statements in regards to both you DubemIfedigbo001 and that article to be lumping bitcoin and crypto together as if they were the same thing, when the term crypto is vague, misleading and frequently disingenuinely being used.

There is no reason to hold other cryptos, so HODLing only applies to long term investments, such as bitcoin.  You cannot have confidence with any shitcoin to hold in the long term, so frequently shitcoins are trades rather than long term investments.

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