Accumulating Bitcoin or trading Bitcoin which is more wise to do.

[Smilevictorobinna]

Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

[Frankolala]

Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.

Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.

[HideYourKeys]

Unless you consider yourself a good trader, I would stick to accumulating

[Upgrade00]

If a person does not have an idea about trading they should not attempt it at all. Hodling does not require any skills and you're taking on little risk if you're not buying with borrowed funds.

For someone who has experience with trading, they do not have to choose one or the other. If you're making some profit trading you can set aside a little amount for it and lock the rest up in cold storage. If you're not profitable, you should quit trading.

[Hatchy]

m not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

It's not actually a matter of being confused as we have two types of investors when it comes to Bitcoin. The long term holders, aims to make profit by holding their investments for a very long time. While that of the short term holder, the traders makes profits from short term hodl. So what ever investor you choose to be depends on your knowledge and choice. But holding is more profitable for the longer term because the bigger your accumulation, the more profits your are likely to make from the market.

[Stalker22]

Trading is for those wanting to try timing markets, and holding long-term can work, but enough already with this you cannot lose talk.  Bitcoin is volatile, and no one really knows the road ahead.   

Lets be real, stockpiling Bitcoin might make you rich, of course, but nothing is guaranteed. Its a spin of the roulette wheel.

[dunfida]

Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

You can do both things but of course its not something that everyone could pull it off.  

Trading does need up some time and effort on which dealing up with this volatile space isnt something that you could easily deal up with but doesnt mean that it would be impossible for you to make money.
Only the best among the rest will really be able to sustain up yourself on this unpredictable market and this is why there would really be those people who would really be rather be holding
instead on making up some active trades because they cant really be able to handle up the risks involved.

It would be a matter of choice on which one you would really be taking into. It is really just that there are people who are really that skeptical on facing up the risks
but eventually it is something worth if you do really just know on what you are doing.

[hatshepsut93]

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

Neither. It's best to ride the waves of market cycles and buy during a bear market to sell during the bull market that comes after. If you are trading daily/weekly/monthly, you will just lose money to random movements that are impossible to predict, if you are just buying and buying, you are taking a huge risk and the profit is smaller than investing in cycles because you are not taking profits and reinvesting them for more profits.

[Alone055]

One can do both, there is no restriction as long as one can afford it.

If I'm a trader, and I'm constantly trading Bitcoin and other cryptocurrencies and earning good profits from it, I would be able to accumulate and hold some of it as well for the long-term because I will have enough funds to do that, and it wouldn't affect my trading activities.

Those who are not day trading because they don't have a budget for it, and only get a small amount to spare each month or so, accumulating and holding is probably the best option for them because you can't start day trading with a low budget as the profits won't be worth the time spent on it.

[Crypto Library]

It depends on person to person like if the person has well skills about the analysis like fundamental analysis to technical analysis then there is a possibility to have profit on short-term trading for that person. i will also say in case of these people they can do the both at a same like short-term trading with their skills and accumulating bitcoin for long-term with dca method no one will stop him.
But for the beginners and those who are not skilled at technical analysis for the the best option is to making the investment with a proper DCA method this will make the risk low for him. So now it's ups to that person decide what skill he have and what will be wise to him choose.

[serjent05]

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Not entirely true, this depends on the trading skill of a person.  Trading Bitcoin is way more profitable than just holding it but obviously it comes with high risk due to the high volatility of Bitcoin.

Given a scenario of a skilled trader trading Bitcoin by buying low and selling high, the person can accumulate more Bitcoin than the person who just hold BTC and waits for his target price and sells.

Like when two people, Person A and Person B, bought Bitcoin @ $20k , Person A just hold his Bitcoin, while Person B monitored the market and sold when the price went up to $70k  and then bought again during this dip.  Who do you think will have a more profitable investment venture?

I highly agree with what @hatshepsut93 stated. Take advantage of the dip and surge of the market for more profitable investment ventures.

[Issa56]

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

You don’t have to be confused,  just do what works best for you. If you prefer holding, then do that, and if you know trading works for you, then go for it, but you should know trading is not really easy compared to holding. If you want to be a trader, you have to take learning as a continuous process. You should know the risk is higher. You won't always be making profits, sometimes you will have to lose, but make sure your profits are more than your losses as a trader. There are other things you should know if you want to be a trader, but holding is not that difficult and has a lesser risk.

Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Some people knew about bitcoin years ago, but they didn't invest in it because they didn't have confidence in it. Most of them were thinking bitcoin was a scam, and some don't really believe bitcoin will be so successful. Most of those people are really regretting why they didn't invest earlier, and people who don't invest now will end up regretting later in the future why they didn't invest in bitcoin now.

So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

There is nothing to be confused about, you can decide to do both. If you are a professional trader, then you can decide to trade with some of your money, and you can use the rest of your money to accumulate bitcoin and hold it.

[Russlenat]

If a person does not have an idea about trading they should not attempt it at all. Hodling does not require any skills and you're taking on little risk if you're not buying with borrowed funds.

For someone who has experience with trading, they do not have to choose one or the other. If you're making some profit trading you can set aside a little amount for it and lock the rest up in cold storage. If you're not profitable, you should quit trading.

However, if you are highly capable to do both, then why not? Trading is never bad as long as you know what you’re doing and you know exactly the outcome of your action, and at the same time accumulate more bitcoin with your spare money that you can afford to lose.

Let’s not complicate things if they can be done accordingly. Unless if you are just trading to make quick profits, that will never work and will only put your portfolio into the danger of losing.

[Zlantann]

Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.

The answer to your question will be based on choice and level of experience. Some Bitcoin traders are making lots of money and they might consider accumulating as a waste of time. Some people are not patient enough to wait for a long time before they make a profit, so they prefer to be traders. Just as others have said, trading is risky and needs a lot of skills to be successful. If you don't have these important trading skills, you might end up losing all your investment.

Accumulating and hodling Bitcoin is easier and also profitable. You don't need much skill to know how to keep your coin. Understanding the Bitcoin system, wallets and important security procedures are basic information that can make you a successful long-term investor. It is important to know how to protect your wallet from criminals.

[Alphakilo]

I doubt if there is anyone who is confused on whether to trade bitcoins or hold Bitcoin. If there is anyone like this what this tells me is that that individual hasn't researched on this two concepts.

If the individual is a beginner who doesn't have any background in fingers or investment they accumulating and holding Bitcoin is the best option for that individual. Trading Bitcoin has so many risk thay only expert traders should in involvy thems so in it.WBetween these two one requires knowledge and the other one has a free entry.

[kotajikikox]

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

I think that it depends on the person itself.

I think that trading can be beneficial for those looking for quick profits. It is definitely riskier than just holding but if you need the money right away then you can do this. However if you have some patience on you and can wait months even years until finally something comes out of your holdings then that’s fine too.

[nakamura12]

If you believe your good at trading then why don't you start doing it if you have the skills and knowledge about trading. For me, even though I have some knowledge about trading and have done it before but I am not confident with my skills in trading. I'd prefer accumulating bitcoin which is more wise to do in my opinion and the amount you have won't change but the value will change and that's more in my favor since the value is either going to increase or decrease. Do what's best you think between the two.

[Sandra_hakeem]

Trading is profitable, only if you understand the basics of analysis and quotation. The question should be - how efficient should a person be, to become a successful trader? Otherwise, I'd advise that you back out and HODL coin for the safety of your funds. I definitely did traded for sometime and made profit for the first few months (including loses), but it took away my time since I'd always prefer day trading.
on the other hand, HODLing requires less attention and skills.. All you gotta do is set up a hardware wallet - a type that would regenerate your priv keys offline (Trezor preferably)

[Hypnosis00]

Trading is profitable during bull season and there is no harm in trying as we can't tell ourselves if we are good at this if we never do it.
of course, holding is less risky and also profitable but if you don't have patience, this will never work.

Generally, we can just tell which one suits us after having a try on both of them. For me, I would say trading is a good choice during this time but after this bull season, I will become a holder again. We choose the option where we think we can do well, not because we see people doing this. That is why we should try and let us see the result before deciding as this also depends on our behavior, knowledge, skills, and interest.

[_BlackStar]

Only 10% of traders make profit from trading, the rest always run at loss in the market.

I'm not sure you really know what percentage of traders are able to make a profit from trading. Do you have data about that?

Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.

A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.

Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.

Trading and investing are just choices that are both profitable and detrimental in certain circumstances. You never know if you will actually make a profit from your investment in the long term in bitcoin - IMO, that is a risk you still need to consider so you are not 100% safe putting all your money in bitcoin.

Traders are more likely to be able to withdraw their profits and enjoy the results of trading compared to long-term investors - of course this refers to investment risks where even investors themselves do not know for sure what will happen in the future to their investments. They can lose access to the wallet even if they have secured the key or seed - while traders can withdraw their profits when they convert their bitcoins to fiat that very day. But in my opinion - long term investment is more profitable from a psychological perspective and also the potential for large price growth is good to consider.