Nrcewker
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May 08, 2024, 01:10:24 PM |
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Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
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Ale88
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May 08, 2024, 04:59:24 PM |
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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.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me. Guys, almost nobody is a "professional trader", there is a reason if 90% of the people doing trading loses money. Let's just take a look at the big hedge funds, they're supposed to have the best traders, the best tools, the best info, and yet normally a passive strategy obtains better results. Making money or living off trading is something that almost nobody can do. I prefer to keep things simple, DCA is the safest way if you're in for the long run.
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harapan
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May 08, 2024, 06:12:32 PM |
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Trading bitcoin and accumulating bitcoin is not the same thing,and they good options if you're comfortable with taking risks and either of them can fall as your preferred choice.Crypto trading and crypto hodling will never be the same,so learn the difference that exist them and operate with the guide you suits your investment plan.
If you intend to commit to both investment strategies,then its also a good choice.Trading bitcoin is no child's play,using bitcoin in particular is also not for the weak and unintelligent beings.So long as you have knowledge towards your investment goal and you're taking the appropriate steps,precautions,implementing the required ideas over your decisions,you'll mostly not go contrary to your plans.Either ways,choose wisely!
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GbitG
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May 08, 2024, 10:42:43 PM |
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Hmm, good to discuss it more 😃 In my opinion, if a person understands technical Analysis from the trading point of view and has a full understanding of all these aspects, it is an essential stance for trading. So I think that there is no problem for him to trade or accumulate Bitcoin Bitcoin. Well Now from another perspective, I think that if a person is not a pro trader, then trading in altcoin will be best for him while in the Bitcoin There is only one best strategy and that is DCA, which is the best idea and act to accumulate Bitcoin compared to trading in Bitcoin if you don't have too much experience in Trading. The rest of my opinion is not final, all members should do their own research and take a decision accordingly.
DYOR!
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freedomgo
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May 08, 2024, 10:56:01 PM |
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Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Reality is, both are actually future wise especially if you know what you are doing. Whether it’s bitcoin accumulation or trading, as long as you did it at the right time, it will always be highly profitable in the long run. But I must say for beginners, don’t rush into trading if you know you still lack the knowledge and understanding because that would mean more risky in your part. Do it later on when you think you’re capable enough, not just to overcome the risk, but to make a guarantee as well that you can somehow make some profits. For now, focus on accumulating first until you earned a good amount.
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Bananington
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May 08, 2024, 11:07:18 PM |
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A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
First of all I do not think that you are sure that a lot of people's confusion on bitcoin is whether to trade it or not. There are other confusing things about bitcoins, There are many people who are confused about how to accumulate bitcoins, when to accumulate bitcoins and why to accumulates bitcoins. The concept of the how, when and why are still not understood, so accumulating bitcoins is still a vague exercise for them.
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Yukyzu
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May 09, 2024, 12:47:44 AM |
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Whether you want to accumulate Bitcoin or trade Bitcoin, both are equally good, because it depends on the individual, they can choose which one is most appropriate for them. If they prefer to play it safe on Bitcoin investments, then they can accumulate Bitcoins until their goal is achieved, but that will usually depend on how much money they allocate. However, if they want to earn more, then they can choose to trade Bitcoin, but it will come with risks and one needs to understand technical or fundamental analysis. Or one can choose both - they accumulate Bitcoins and trade some of them.
You are right, in this case it will really depend on a person's personality in facing risks both in investing and in trading, because both of these things of course have advantages if we can do them well, when someone chooses to invest of course they don't want to busy themselves With market conditions, all they need to do is continue to collect Bitcoin according to their ability and hold it for a long period of time to achieve their investment targets. If someone can do these two things, of course this will be very profitable for them, because they can gain profits from the trading they do and also investments, but to trade Bitcoin we must be able to do a good analysis so that we don't regret it when we sell the Bitcoin we have.
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spectre71
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May 09, 2024, 01:11:46 AM |
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Both.
One must write a business plan first then stick to it. Remove emotion from the equation.
Just like gambling people get wrapped up in emotions and make the exact same crappy decisions.
Just like Chris Rock says "there is no sex in the champagne room"
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AVE5
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May 09, 2024, 01:50:39 AM |
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It's sealed that bitcoin is the first and most largest ever adopted in the Crypto and has never been contempted with the AltCoins in any ways. Then and now, bitcoin has taken shape and has been leading in the crypto markets.
I understand you're trying to give reasonable reasons that can be more productive for new invertors to achieve greater height of incomes and that definitely makes it good not to be so much in a haste to sell your coins when you're not in need of the funds yet or with the interest that the market has increased where you've met profits. It's better of accumulating more and holding for a longer time because in bitcoin is the more longer you hold is the more profits we could make but nevertheless, let's not gamble excessively. So let's sell when we feel it's necessarily needed and be aware that bitcoin is a volatile currency which means it can fall today and increase tomorrow as much as increasing tomorrow but falls at the next.
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CryptopreneurBrainboss
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May 09, 2024, 03:57:46 AM |
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A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it. Accumulation is better and that is what every one that has your best interests at hand will tell you, trading isn't as successful as it seems. Trading is not what everyone should be doing especially those that don't have a trading background before coming to this industry. Don't think you can always outsmart the market because you can't. You'll lose when trading and sometimes this might be everything that you have as you won't be able to control your emotions and be practicing revenge trading to win back your earlier losses. Trading puts your Bitcoin at risk but hodling doesn't which makes it better because when hodling what's important is how well you store your Bitcoin and keep your private key safe as well and off the reach of hackers/scammers. 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. There are actually big time traders that are killing it in the market and we'll always have new traders that will be successful but a majority aren't so you shouldn't think that the industry is very lucrative. For every one winner there are countless others that are losing but they won't come on social media to make announcement of their lost but only when they profit to draw attention to themselves. Accumulate bitcoin through dollars cost average and you will eventually get to the numbers of Bitcoin that you want to hodl and make profits without the stress of trading.
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Cryptoprincess101
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May 09, 2024, 04:12:45 AM |
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Unless you consider yourself a good trader, I would stick to accumulating ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) There is no good trader anywhere even though they make profits most of the time but some times they run into serious losses and recovers again and keep on trading. Basically trading is a game of emotions and if your emotions is not that strong never enter into trading at all so that you don't get severe heart injury as a result from shock you could experience sometimes why trading and you encountered losses. Buy, accumulate and Hodl Bitcoin and be free without having to make checks at every intervals waiting for or using signals of which some are even misleading.
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Iranus
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May 09, 2024, 05:43:19 AM |
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Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
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MarissaLopez
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May 09, 2024, 12:46:13 PM |
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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.
From what have seen so far and little experience have gotten in Bitcoin I think accumulating Bitcoin is the best thing anyone could do to be on a safer end instead of trading it. Usually trading Bitcoin come with a lot of disadvantages as it needs thorough check and watch over it while it grows cause once you get your eyes off it you might have a loss and you know what that means.
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Bravut
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May 10, 2024, 01:21:56 AM |
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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.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me. Guys, almost nobody is a "professional trader", there is a reason if 90% of the people doing trading loses money. Let's just take a look at the big hedge funds, they're supposed to have the best traders, the best tools, the best info, and yet normally a passive strategy obtains better results. Making money or living off trading is something that almost nobody can do. I prefer to keep things simple, DCA is the safest way if you're in for the long run. I disagree with you Mate. There are professional not just professional but, professional profitable Traders who live and finance there daily needs through trading, discard such mentality mate and your fact of 90%. Hedge funds run on a different system as they profit meeting up there set yearly goals, don’t give a point about what you don’t know and I doubt you understand anything about Trading. Trading isn’t a sustainable approach to Bitcoin as it would yield no good results apart from you profiting off your trades whereas Accumulating and Holding with a plan yields good results as you build a Bitcoin portfolio overtime and your value keep increasing. I don’t see any need to trade bitcoin when you can accumulate and have your own Bitcoin with same money you wanna risk in trading. Bitcoin is a valuable asset not a Tradable coin to make profit off. Many were trading Bitcoin while others were accumulating more, the Holders are smiling because value increase and is increasing.
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bitzizzix
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May 10, 2024, 01:53:57 AM |
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Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market. Of course, to become a successful trader you must have skills and talents that support you in order to make a profit, trading activity is not an easy thing and even if you have been doing it for years and have sufficient experience and knowledge about trading. However, if you were not born with talent or ability in the field of trading, you will not be able to achieve satisfactory profits. Indeed, experience and knowledge can help you become a better trader, but this is not certain or there is no guarantee that you will get consistent profits. Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with.
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Strongkored
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May 10, 2024, 06:44:59 AM |
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Long-term holders make bigger profits than traders because that's what I experienced a few years ago, trading daily making around $200-$300/day for 30 days on the BTC-Altcoin pair when BTC was bullish which Altcoin gained influence because of that but slowly the market started bearish and have to cut losses, and if I save capital at that time around 1=1.5 Bitcoin then the profit is more attractive in the long term, isn't it?, unfortunately more people like daily profits rather than patiently waiting for years before enjoying the results of the increase in Bitcoin prices, and if someone has known Bitcoin for more than 10 years but still chooses to trade, it could be because he can make money from it because many traders cannot survive in trading.
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Ben Barubal
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May 10, 2024, 10:35:36 AM |
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If you have extensive knowledge of trading, it is better to trade bitcoin because every time you make a profit in bitcoin in the short-term, you can still accumulate bitcoin without having to buy bitcoin. Little by little. Apparently, every day you will be able to accumulate because of the compounding you will do with Bitcoin.
But if your knowledge of crypto trading is low, it is better to accumulate it little by little until you reach your target amount to accumulate in Bitcoin. This is the best thing you can do I guess.
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Kelvinid
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May 10, 2024, 12:24:35 PM |
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Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading. Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
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Iranus
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May 10, 2024, 12:28:52 PM |
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Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market. Of course, to become a successful trader you must have skills and talents that support you in order to make a profit, trading activity is not an easy thing and even if you have been doing it for years and have sufficient experience and knowledge about trading. However, if you were not born with talent or ability in the field of trading, you will not be able to achieve satisfactory profits. Indeed, experience and knowledge can help you become a better trader, but this is not certain or there is no guarantee that you will get consistent profits. Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with. I am not against it or saying that trading is bad because each person has different abilities and talents. And I agree with the OP that, between choosing to trade or accumulate bitcoin, which is the better path to help us succeed and become rich, I would choose to hold. Let's look at reality and what has been happening, we have many millionaires and billionaires investing in bitcoin but most of them are long-term holders. Very few people can become rich through trading, and we regularly hear about billions of dollars being liquidated every time bitcoin is volatile. That shows that trading is not easy.
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Catenaccio
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 10, 2024, 12:30:53 PM |
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Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI. The bottom line for biggest difference and challenge between trading and investing is psychology. With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.
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