Al little experiment, what is better - hodling or trading ?

[Nheer]

Hi.

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

With great excitement,
Jaanus

There is no assured date that Bitcoin will hit certain price we just know Bitcoin has the potential to increase in price over time.
It is possible to increase your Bitcoin with trading but the risk is very high especially for a person who has no knowledge about it so I won't advise you to trade your Bitcoin. You probably wants to increase your Bitcoin as soon as possible but the thing is Bitcoin is not a get rich quick scheme so be it trading or holding it still requires some time to grow and build your portfolio.

My advice to you as a newbie is to hold your Bitcoin and keep accumulating more with any little amount you can afford to put in and grow it with time. But if you really want to trade then I think you need to go and learn about trading properly first before you try it out. Know that trading is risky a f you can lose your money very easy and fast.

[Ricardo11]

Hi.

I got 0.001 BTC (worth today about 100 USD) from www.freebitco.in and I plan to make a small experiment with it. I will try, is it possible to increase this initial BTC amount (0.001) with trading: selling then BTC is overvalued and buying then BTC is undervalued.

I believe that Bitcoin will be worth at around million USD in 2040, but meanwhile it will be much much cheaper than today (hundred thousand USD). Is my holding then worth 1000 USD? Or more? Or less?

With great excitement,
Jaanus

Trading is a skill and not something you do out of mere assumption. You have not told us if you are a trader, a good one. However, you should know that trading is quite riskier than hodling and it won't be adviceable that you trade with that small capital you cannot afford to lose. Obviously the goal is to multiply it, just hodl for long term and you will be at ease with yourself. The panic and emotional burden that comes with trading will be reduced.

The success of trading will come only based on your skills, here you have to achieve success by using the right strategy through proper market analysis with experience.
It will never give effective results based on your assumptions, here being guided by emotions means disaster, so it is necessary to have the right understanding here.
You must make logical decisions with the situation, here only the opportunity for success depends on skills.

[harapan]

There's nothing wrong with trying new things and experimenting on them for better performance, but just a piece of advice though and that's what I was advised with years back when i intend to trade early. For a start as a beginner or newbie to trading it's best to learn from different stories and people's experience that way you can unwind steps to handle your trade. And at the early stage hodling is preferable when you ain't good at it rather then generate loses uncontrollably.