What do we think about trading bitcoin?

[Joy- maker]

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.
But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time.
Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

[Charles-Tim]

You are not speculating on the price of bitcoin but you posted about bitcoin trading. Post this on bitcoin discussion next time. You can move this thread to trading discussion.

Trading generally is risky. Be it bitcoin, crypto, forex, stocks, commodity and others. They are all very risky. It makes traders think of leverage and can lead to loss of money. Although, there are some people but are not many that trade like professionals that make money from it. Holding is better if you enter the market at the right time.

[bittraffic]

Not everyone can trade that's for sure. So if its not for you, the option is to just stop. Your friend just don't know hen to stop and if has this characteristics, he better learn something in trading every time he loses because that's what needs.

There is time to stop and there's time to go on. Learning not to commit same mistakes in trading will be good for him. If he didn't learn something out of loss then that is a good sign to stop.

[kingvirtus09]

Not all bitcoin communities in this field are doing trading activity in btc pairs., now if you are a beginner, do not trade bitcoin in futures or derivative trading
because for sure you will be liquidated quickly.

Now, apart from what you said, I think it is not right for you to say to avoid trading bitcoin because if it were me, I would prefer to trade bitcoin in spot and futures.
But if it were altcoins, I would prefer to trade only in spot and not in futures.

[hd49728]

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.

Trading Bitcoin is my biggest mistake ever.

I lost my bitcoin by trading and your trading loss will be bigger and happen faster if you use margin or futures. The advice is very common, don't trade and you won't lose your bitcoin.

Purchase bitcoin, and hold it, you firstly won't lose your bitcoin, and secondly will get good profit.

Another practice with bitcoin is trading it with altcoins, and this bitcoin vs altcoins trading will cause you bigger loss. Another advice is avoid it as much as you can too.

[justdimin]

As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin

Trading itself is a high risky job hence bitcoin got nothing to do here about the person, you are mentioning. This type of scenario about trader is no way new to me because almost 99% of traders burning their money as trading may give you some hope about making money but it will keep on giving you hopes but never multiplying your money. For every trader, protecting their capital itself a big task which means negative growth of your money is the only result, almost every trader is facing.

Although, there are some people but are not many that trade like professionals that make money from it.

It is a myth in my experience. Yeah, even professional traders may lose all their capital against the volatility of the markets. Out of your experience, you may gain some profits but there will be no guarantee for not losing all your profits in your very next trade.

[salad daging]

I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

There are people who say on X that they have successfully attracted profits from bitcoin trading, but it's futures trading not spot trading using high leverage, maybe if I'm not mistaken at the time there was wrong news from a journal that said Bitcoin ETF was approved but it was wrong news that finally bitcoin was pumped.
And some people who went long profited from this news.

[Bd officer]

Trading is definitely risky, not everyone can make profit from trading, but professional traders can make good profit from trading, but professional traders also face losses. So you may face losses if you trade as a newbie. If interested in trading, start with small amount. Now it is more profitable to hold long term than to trade in Bitcoin. Now that you have got an idea about Bitcoin from a trader, maybe he gave you an idea about trading. Now trading is not for everyone, but investing is for everyone. So my suggestion for you is, you buy bitcoin and hold long term, if you hold long term, you don't lose money.

[Bushdark]

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.
But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time.
Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

If you want to trade Bitcoin tell I will advise you not to trade the future market because that could make you loss more than you could ever think. Trading is supposed to be profitable but sometimes many people would go into the future market and trade which will end up in losses because they are not aware or not knowledgeable enough to understand the manipulation in the market.
You have to trade the spot market so you can keep learning if you really want to trade. You can trade different Bitcoin pairs depending on your exposure in the market. You also need to learn and understand how to read the market before you decide to trade in the market.

[Swapter.io]

"Time in the market is more important than trying to time the market."
There are many people in the market who choose to trade Bitcoin instead of HODLing, and end up losing money and suffering. In this business, it's important to remember that you have a handbrake—you can stop at any moment, and thus lose less than you might have otherwise.

I don't envy your friend and hope everything works out for him. But to be able to trade, sometimes it's not enough to have all the knowledge; the emotional aspect, like "knowing when to stop," is also important. And of course, it's crucial to remember not to go all-in and trade only with money you're not afraid to lose

[RockBell]

Normally me I don't like trading bitcoin, yeah I know there are some benefits and profit making when a trader make correct decisions and react to the price Volatility while trading.
But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time.

you look like someone that is trading memes or alt coin because there are people that it as eaten so deep in them that they can not longer trade bitcoin again and they are always focused on the profit and fail to look at how secure it is to trade bitcoin because there is more to this than just profit and if I may ask why don't you want to trade bitcoin it there like a reason for that, and if you hold for a very long time it is good and then decide to focus on other things so everyone with there own perspective so what ever anyone chooses to do with there funds its okay.

Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

I don't know what you must have been through to make this statement about Bitcoin and there is nothing we can do to change your mind about investing in Bitcoin you can give it more trials there are people who have encountered more losses but did not give so no matter what you must have gone through given up should not have been an option and this why and there are people who have experienced worst but the trader must have been too greedy because when you are too greedy as a trader you will make a lot of mistakes, especially when they are used to reverse trading.

[Dailyscript]

I was hoping to here some tips on Bitcoin trading not knowing you want to condem those who trade Bitcoin. Take it or leave it there will always be successful trader in Bitcoin. If you tried Bitcoin trading and you are not successful that is your business to mind. You cant tell people what they should do with their Bitcoin. Before going into trading they already know the risk involved. And who told you many people still dont lose while holding Bitcoin. Just so know that there is no perfect way to go about our Bitcoin, we just need to apply what we learn properly in every strategy will choose.

[khiholangkang]

Everything will lose if you do not know the knowledge is included in the Bitcoin trading, from the start of emotional management, menstruating money, risk management and open position techniques as well as how to calculate price movement analysis, someone who only knows a few of them will only be the food of others in the market that will make us continue to lose money continuously in the market especially without a strong foundation of knowledge as a trader

The advantage can be fast but so is the loss if it is in trade, look at the large traders of their institutions do not do trade every day, there are some of those who trade for a long time to ensure momentum and exit quickly when they get profits, if they do not understand trade better just invest in Bitcoin, it is much better.

[JeffBrad12]

I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

trading is for people who seek more profit and faster return and for people who lack capital to invest to actually make the time spent worth it, so they settle with trading since getting 2x is piece of cake, but sustainability is honestly questionable.
invesitng in bitcoin does make a lot of sense in the long run. you're spared of the tiring process of watching the market will retaining good returns, but as I mentioned earlier, it depends on your capital, you bought 1 BTC your waiting will be worth it, you bought $100 of BTC you're just wasting your time for $20 bucks gain.

so really it depends on what ROI you're aiming for.

[OcTradism]

trading is for people who seek more profit and faster return and for people who lack capital to invest to actually make the time spent worth it, so they settle with trading since getting 2x is piece of cake, but sustainability is honestly questionable.

It's very questionable and doubtful when you start as a trader because of many things. Lack of enough knowledge about the market, fundamental and technical analysis technique, and experience, so you are uncertain about what you can do, whether you can trade well and profitable in this market. It's challenging to decide trading or not, but after a while you will realize that trading is not for everyone and truly difficult, and more big fact most traders fail.

invesitng in bitcoin does make a lot of sense in the long run. you're spared of the tiring process of watching the market will retaining good returns, but as I mentioned earlier, it depends on your capital, you bought 1 BTC your waiting will be worth it, you bought $100 of BTC you're just wasting your time for $20 bucks gain.

Then you will recognize that there is an easier way to get profit, it's investment and this ROI chart can help you knowing how good Bitcoin Investment ROI is.
https://casebitcoin.com/charts#roi_chart

so really it depends on what ROI you're aiming for.

It depends on the ROI you are aiming for is positive or negative. If you want to chase negative ROI, let's do trading, trade more actively.

If it is positive ROI, don't trade and do investment long term.

[Alpha Marine]

Trading Bitcoin is my biggest mistake ever.

I lost my bitcoin by trading and your trading loss will be bigger and happen faster if you use margin or futures. The advice is very common, don't trade and you won't lose your bitcoin.

Purchase bitcoin, and hold it, you firstly won't lose your bitcoin, and secondly will get good profit.

Another practice with bitcoin is trading it with altcoins, and this bitcoin vs altcoins trading will cause you bigger loss. Another advice is avoid it as much as you can too.

As much as I also prefer holding Bitcoin to trading, I don't think I can generally advise everyone not to trade Bitcoin. Instead, I'll tell people about the risks of trading Bitcoin. 
There are people who have made a career out of trading Bitcoin, so trading is not generally bad.
We should understand that trading is a skill and a skill is learnt and mastered over time. Most people believe trading is simply just buying at a lower price and selling at a higher price to make a profit, but it's more complicated than that.
Trading is a risky business and you'll definitely lose some money, but if you study and keep gathering experience you might be good at it and make more profit than losses.

[Beparanf]

Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

Trading provides liquidity on Bitcoin since it distributes Bitcoin from one person to other if someone trade it.

Your idea is everyone will hold their token but who will distribute more Bitcoin to new investors if no one will trade their holdings in the market? Do you want to create a bubble on Bitcoin?

Trading and holding are both beneficial to Bitcoin price growth long term.

[el kaka22]

Quite fun topic from a newbie. Sure, if you don't like trading bitcoin then don't trade bitcoin. To be fair, I do not like "trading it" neither that commonly, I like investing into it and hold it, but sometimes I trade it as well, it makes me some good money and I do it because of the money to begin with, we do not trade or invest into bitcoin because it's fun, we do it because it's making us money.

If you do not make money with it, then you should learn to be better and make money that way, it would make a lot more sense and it would give you a good return. I am pretty sure that we are going to end up with a good income if I know what I am doing and that is why I am not worried about it and I do whatever I want.

[Ndabagi01]

Bitcoin trading is something at everyone is suppose to avoid, forget about the phrase that's says bitcoin trading is high risk, high rewards, trading bitcoin can damage you emotionally and financially. As am currently speaking now the person who introduced me in to bitcoin is a trader, that have been damaged emotionally and financially all because he was trading bitcoin, now all the money he made from the trading has gone back to the market, and now his a deptor all in the name of trying to make quick money from bitcoin trading.
I Have never seeing anyone who said, I made huge amount of money from trading bitcoin, the testimonies I always see or hear is see the amount of money I made from my bitcoin investment.

Because you haven’t heard about people making huge money from bitcoin investment, that doesn’t mean that people don’t. People have made a lot of money through trading of bitcoin and that where all gotten through risks that an investor cannot take. The effect of it haven been emotionally and financially draining is what you have to pass through before making it as a trader. The fact is that not many people trading are profitable, the vast majority of them are not profitable and give up in the end. Bitcoin investment is less risky and that has made people face less risk, less emotion as to being a bitcoin trader that is more exhausting and harder to achieve success from it. The fascinating part of trading is that, once you’ve made it as a profitable trader, you’ve made it already in life and not even a bitcoin investor can brag much on you about their holding. It is risky and not advisable to start as a newbie if you’re not ready emotionally and financially for it.

[tvplus006]

...But come to think of it why we someone who have seen bitcoin proving itself to be a store of value with potential returns, we still choose to be trading bitcoin rather than accumulating bitcoin and hold for a long period of time...

I will not dispute the fact that long-term investing brings greater profits in the end, but I can say for sure that trading allows you to get this profit not in many years, but right now. But you need to understand that not everyone is able to trade profitably, and if you incur losses by trading, then you'd better focus on long-term investing in BTC.