Long-term Holding vs. Active Trading: The Choice

[Sim_card]

OP it is not good to be trading and at the same time investing for a long term. This is because you cannot serve two masters at the same time. You must dedicate time to one than the other. The disadvantage is that trading is prone to losses and as someone that is emotional, if the funds that you reserve for trading is lost, you might be tempted to take some part of funds from your bitcoin investment for trading to see if you can make profit and before you know it gradually your bitcoin investment portfolio will start depreciating and if you cannot control yourself, you might trade all your investment. Stick to one trading or investing. I will go for long-term investment because it saves your funds from depreciation and gives good profit. Trading is 50-50 profit/loss.

[EL MOHA]

OP it is not good to be trading and at the same time investing for a long term. This is because you cannot serve two masters at the same time. You must dedicate time to one than the other. The disadvantage is that trading is prone to losses and as someone that is emotional, if the funds that you reserve for trading is lost, you might be tempted to take some part of funds from your bitcoin investment for trading to see if you can make profit and before you know it gradually your bitcoin investment portfolio will start depreciating and if you cannot control yourself, you might trade all your investment. Stick to one trading or investing. I will go for long-term investment because it saves your funds from depreciation and gives good profit. Trading is 50-50 profit/loss.

I will like to disagree with this statement, I bitcoin trader can easily venture or have his own portfolio of investments without any risk, it is just an investor that can’t venture into trading easily because of the knowledge required to trade which we all know is more hard to sort than what investors need. The only thing the needs too much dedication of time is the trading which requires you to go beyond knowledge like fundamentals which to me is the most important knowledge needed for investing to other analysis like the technicals. A trader doesn’t necessarily need to seek an extra knowledge to invest, so they can easily combine the two.

Yes I get that you can lose in trading and as you said use your investment to trade but i think even without trading of you can’t allow your crypto investments to grow, you’re aren’t an proper and you can still take those funds out to do other things aside trading.

[Egii Nna]

no need to constantly monitor markets or study charts all the time. Also, Bitcoin's value increases over time.

You are right, but still, there is something I want you to understand more about this statement. I know that as an investor in bitcoin, you will have a slight peace of mind and higher patience, which means that if you say that you will not be focused more on the chat of bitcoin, you might still lose even with the long-term investment. Let's take an instance where you aim to invest for an interval of 6 months and you invest in January 2024, when the price was around $51,000. At the time that is supposed to be your complete 6 months, based on calculations, you find out that the bitcoin price has been dropping. Are you going to remove it, or will you leave it for another 6 months? But with adequate study and concentration on the chart, you will definitely know the best decision to follow in such situations, although I know that the bitcoin price might still change, either to increase or decrease. 

[Su-asa]

It's important to know that in as much as Bitcoin dropped significantly or not, that it's the best time to continue buying Bitcoin because as it reduces it will also increase, so when it's low just take the advantage and buy it. Honestly you are correct that anything that has advantages also has disadvantages, just like trading, no matter how constantly you trading the whole thing is all about price or value. If we invest on Bitcoin it means we are hoping that it will have more value in future that's why we hold for long term and even when we trading we hope for its value in short term. Traders are just like people who can't wait, or people who can't exercise patience. Long term holding depends on ones patience, a trader should also know that emotions won't help him.

[adultcrypto]

OP it is not good to be trading and at the same time investing for a long term. This is because you cannot serve two masters at the same time. You must dedicate time to one than the other.

I will disagree with you a little on this one because I have seen people who have done it successfully. I have know some good traders that use the money they made from trading to buy bitcoin for long time hodl. I will not encourage anyone to use this route because it comes with a lot of pain and endurance and not many people succeed there but the truth is that it is doable and people have done it and succeeded as good bitcoin hodlers. I have tried trading but my result was not good so I decided to take a break and focus on building my bitcoin portfolio through my little income. It will only take me time but I believe I will succeed in building a good bitcoin portfolio I will be very proud of.

I will not call a dual approach of trading combined with long time hodl as serving two masters because both can be operated with separate budgets. There is no conflict in them

[Pressurizedem]

OP it is not good to be trading and at the same time investing for a long term. This is because you cannot serve two masters at the same time. You must dedicate time to one than the other. The disadvantage is that trading is prone to losses and as someone that is emotional, if the funds that you reserve for trading is lost, you might be tempted to take some part of funds from your bitcoin investment for trading to see if you can make profit and before you know it gradually your bitcoin investment portfolio will start depreciating and if you cannot control yourself, you might trade all your investment. Stick to one trading or investing. I will go for long-term investment because it saves your funds from depreciation and gives good profit. Trading is 50-50 profit/loss.

you are very right mate,there is no way you can give hundred percent attention to the two,we all know how trading is hard,and for you to pay attention to the margins and be able to remain active on it,and at thesame do long term investment,it's going to actually worry,or you should always bare in mind that you will lose money while doing one.So it's better you do one,and leave the other.
If it's trading you want to concentrate on,do that one with all your attentions focused on it,or if it is investment,do thesame,and have patience as it has less risks involved.

[Juicyhome]

OP it is not good to be trading and at the same time investing for a long term. This is because you cannot serve two masters at the same time. You must dedicate time to one than the other. The disadvantage is that trading is prone to losses and as someone that is emotional, if the funds that you reserve for trading is lost, you might be tempted to take some part of funds from your bitcoin investment for trading to see if you can make profit and before you know it gradually your bitcoin investment portfolio will start depreciating and if you cannot control yourself, you might trade all your investment. Stick to one trading or investing. I will go for long-term investment because it saves your funds from depreciation and gives good profit. Trading is 50-50 profit/loss.

you are very right mate,there is no way you can give hundred percent attention to the two,we all know how trading is hard,and for you to pay attention to the margins and be able to remain active on it,and at thesame do long term investment,it's going to actually worry,or you should always bare in mind that you will lose money while doing one.So it's better you do one,and leave the other.
If it's trading you want to concentrate on,do that one with all your attentions focused on it,or if it is investment,do the same, and have patience as it has less risks involved.

this is just a personal thought, have seen a friend  that trade and hodl too and his doing well, he hodl spare money from his trade to his wallet, any profit he made he send it to his wallet. we have good traders that can still hodl and trade 100% no distraction, this friend of mind don't go out he is not a outing person he can stay indoor for week, he gives 100% to bitcoin and he is a successful  trader. don't just conclude because you don't have such time to mix the two. I respect those  that only focus on bitcoin like all that matters to them, nothing else matter to them. They even made more profit than most people hodling.