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

[Swordsoffreedom]

Of course holding is good here you can make profit without any thought and monitoring. The biggest thing is if you want to grow financially then you have to earn income from multiple places but if you are trading then your mentality will never let you spend time on other activities because you will always be restless for your trading when you will see the volatility of your fund. But holding will give you a fresh mind along with profit so you can easily do other things and increase your source of income. And long term holding will give you profit for sure but when you go into trading you will be at a lot of risk so you can also lose a lot.

But to be able to make big profits from holding, we need to hold for a fairly long period of time as well as need to combine it with a DCA strategy consistently. We cannot make big profits by holding but only investing with small capital, without DCA.


Meanwhile, trading will make us more stressed, face more risks and even lose everything. But in return, if we have proper knowledge about trading, we can make profit every day from trading.


To be fair, both are ways to make profits in the markets and each has its own pros and cons. The choice will depend on the individual.

[WatChe]

The point you made is very good. Indeed, it all comes down to individual choice. Trading requires not only capital, but many other things, such as the ability to analyze the market (technical analysis), having a good trading plan before entering the market, having proven psychological skills, etc. Of course, this carries greater risk, while holding for the long term doesn't require much preparation, just patience and income that can be used to gradually purchase specific assets like $BTC. 

If somebody wants to go for short term trading then that's his personal choice because we are now in position to say that with authority that investing in Bitcoin for long term is not only less risky but also gives good return. Trading is a risky stuff and one need to figure out the right trading before he can get good return. Figuring out the right strategy takes time and you have to bear loses meanwhile. I left trading after  bearing heavy loses and since then my sole focus is on long term investment.   

[Pandorak]

If somebody wants to go for short term trading then that's his personal choice because we are now in position to say that with authority that investing in Bitcoin for long term is not only less risky but also gives good return. Trading is a risky stuff and one need to figure out the right trading before he can get good return. Figuring out the right strategy takes time and you have to bear loses meanwhile. I left trading after  bearing heavy loses and since then my sole focus is on long term investment.  

Buying for long-term investment purposes is always the best option for anyone, because you don't need a large amount of capital to buy all at once. Currently, there is a DCA method that can be used to accumulate, so anyone can invest with a small amount of capital. All you need is patience and consistency. Meanwhile, trading requires more preparation, starting from a trading plan, preparing your psychology to face the market, and another important thing is money management. the essence of trading is that it is full of risks, even though the potential for short term profits is very high, it is accompanied by equally high risks, and yes, the strategy you mentioned is indeed one of the key indicators of trading success. Strategies are useful for identifying the best areas to buy, and those who understand them will also know the right areas to take profits.

[Bd officer]

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

Are you experienced in trading platforms? Do you have enough knowledge about trading? Do you know all the strategies of trading platforms? If you know about these few things, I think you can be somewhat okay in trading platforms, but if you are not skilled enough in trading strategies and trading experience, you will never succeed from trading platforms, but you will lose more. But if you hold your 0.001 Bitcoin, in that case you will achieve a lot of success after a few years, moreover, if you wish, you can constantly deposit Bitcoin to increase your investment because there is no possibility of losing your money by holding it if you can provide proper security to the wallet you hold. will probably reach one million dollars before 2040, if Bitcoin reaches one million dollars, in that case your 0.001 BTC will definitely be equivalent to $1000.

Since the popularity of Bitcoin has increased a lot in the last 15 years and people have become interested in Bitcoin and various countries have held Bitcoin as a strategic reserve and various companies have deposited Bitcoin, the price of Bitcoin has increased a lot at present. Now 2040 is about 15 years away, so in the next 15 years the popularity of Bitcoin will increase a lot due to which the price will also increase a lot and therefore 1 million dollars can be expected but it is not certain and no one can predict it correctly. However, one should not focus only on 0.001 Bitcoin but it would be wise to continue investing in the DCA strategy. If you continue to invest in the DCA strategy for a long time with a small amount of money, then at some point the investment amount will be very large and if you hold it for a long time, you can expect to earn huge profits.

[Alpen]

Based on my personal observations and trading experience, it's impossible to predict a strong Bitcoin rally with technical indicators. You only see the confirmation after the move has already happened. Bitcoin's intense volatility makes standard overbought/oversold signals pretty much useless.

That's why, instead of actively trading it, it's better to just HODL and never take a short position

[tvplus006]

...That's why, instead of actively trading it, it's better to just HODL and never take a short position

Investors who are well versed in the cryptocurrency market and bitcoin cycles in particular usually sell their BTC when the price reaches a high and buy at a lower price when the bear season ends. And this strategy is most suitable for holders who have a small number of bitcoins, which allows them to increase them.

[Alpen]

Investors who are well versed in the cryptocurrency market and bitcoin cycles in particular usually sell their BTC when the price reaches a high and buy at a lower price when the bear season ends. And this strategy is most suitable for holders who have a small number of bitcoins, which allows them to increase them.

And I assume you personally know all these talented investors who can perfectly predict the market tops and bottoms? And who also successfully execute those trades?

Funny, because reality shows that nearly every investment fund and trader ends up deep in the red each crypto winter, if they don't get wiped out completely.

[Wakate]

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

If you don't know how to trade, I will advise you to take your mind from trading because you are going to lose your money. It is better you invest in Bitcoin or any other project in the market than to ever think of trading when you don't have good understanding about the market. There are people losing money in trading on a daily basis and it's good you take your mindset from trading if you think you can just make quick profits from the market with less ability to read charts and do some certain things that will increase your chances of making profits. Invest and hold whatsoever coin you want to hold for as long as possible so you don't lose money.

[Mame89]

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

In my opinion, if you have 0.001 BTC and you also have confidence in Bitcoin's long term growth, why not restrategize by buying through DCA? Instead of your current strategy you want to sell your current Bitcoin and buy back when the price drops, hoping to increase your current holdings. What if you miss more opportunities, which means your 0.001 BTC won't grow?

So my personal advice is not to trade with your current Bitcoin. With your current confidence, you should implement a DCA strategy so that your Bitcoin will be worth not just $1,000 in the long term, but you will earn many times more than you currently envision.

[henmark]

It depends on how long are you planning to hold your bitcoins. $100 now might not be a good investment amount. Even if you jump into trading, you might start loosing portions only in fees. It is better to just hold your amount or store it in a place where you will not bother looking for the price change everyday.

Maybe, store it on a paper wallet and keep it away in a locker which you can open maybe after 10 or 15 years. For long term, yes these $100 can give you good profits. You might even see $1000 if we really hit $1M but as of now, it is quite difficult to say. As of now, you might just see minor fluctuation in your holdings which will vary between $1 to $10 at the most.

If you'd like to risk these $100 to earn a larger amount than try wagering it on freebitco itself. You can try out your luck but can also loose everything you have as of now.

[imthegreat]

Now is the time when only Bitcoin deserves attention. Trading was fun during the altcoin era. Now it's become a downright dangerous endeavor because altcoins are subject to fluctuations like those in the ocean when Bitcoin's price changes.

So the answer to your question is to hold Bitcoin and not waste time on nonsense.

[hafiztalha]

Now is the time when only Bitcoin deserves attention. Trading was fun during the altcoin era. Now it's become a downright dangerous endeavor because altcoins are subject to fluctuations like those in the ocean when Bitcoin's price changes.

So the answer to your question is to hold Bitcoin and not waste time on nonsense.

Trading is good but it matters a lot who is doing trade and what he is doing and how much time he is spending on trading. Many of the people are doing trades and they are traders but becoming good trader is not an easy task because millions of people are doing trades And thousands of people are successful and these are the people who invested a time on that and they are learning dat by day which is necessary for the person who want to be  a successful trader . People are Investing the money but they have no time to spend on trading and that is a big reason they are not good trader . But the people who invested a years, no they are mentors.Mentoring is not an easy but they are doing this due to their capabilities.

[tvplus006]

Now is the time when only Bitcoin deserves attention. Trading was fun during the altcoin era. Now it's become a downright dangerous endeavor because altcoins are subject to fluctuations like those in the ocean when Bitcoin's price changes.

Trading altcoins is risky, of course, but the higher the risk, the higher the profit. For example, the MYX token showed an increase of almost 7,000% in September, and the Aster token increased by 1,500% in a few days in September. And I note that all this growth took place against the background of the correction of bitcoin.

[boyptc]

So the answer to your question is to hold Bitcoin and not waste time on nonsense.

I definitely agree with you.

It's best to hold bitcoin and not to waste your time doing trades that you are unsure and uncalled for. But there is no problem if you can do the trades.

That's the only requirement there and that's for you to know what you are trading for and be aware of what the market stands for.

Take sometime to analyze and make sure that you know that it's set for you to do so. Read the charts if you're trading or else, simple stop and do the act of effortlessly holding.

[Alpen]

Investors who are well versed in the cryptocurrency market and bitcoin cycles in particular usually sell their BTC when the price reaches a high and buy at a lower price when the bear season ends. And this strategy is most suitable for holders who have a small number of bitcoins, which allows them to increase them.

Could you please name some of these 'great investors' who can perfectly time the market, selling at the absolute top and buying at the exact bottom?

Because from what I know, the truly great investors in this space have never sold any of their Bitcoin; they only accumulate more

[GigaBit]

Investors who are well versed in the cryptocurrency market and bitcoin cycles in particular usually sell their BTC when the price reaches a high and buy at a lower price when the bear season ends. And this strategy is most suitable for holders who have a small number of bitcoins, which allows them to increase them.

Could you please name some of these 'great investors' who can perfectly time the market, selling at the absolute top and buying at the exact bottom?

Because from what I know, the truly great investors in this space have never sold any of their Bitcoin; they only accumulate more

It is not possible for anyone to buy at the lowest price and sell it at the highest price because the market is uncertain and no one will ever understand it. Those who hold Bitcoin for a long time will have the opportunity to buy at a relatively low price and can get several times more than their investment in the future. Only long-term holders will have the biggest opportunity in Bitcoin investment. Even if the market is sometimes bearish and sometimes bullish, long-term holders will be able to profit from bitcoin investment.

[tvplus006]

Investors who are well versed in the cryptocurrency market and bitcoin cycles in particular usually sell their BTC when the price reaches a high and buy at a lower price when the bear season ends. And this strategy is most suitable for holders who have a small number of bitcoins, which allows them to increase them.

Could you please name some of these 'great investors' who can perfectly time the market, selling at the absolute top and buying at the exact bottom?

Well, to sell perfectly at the highest price is of course difficult, since no one knows where the high is located. And although I don't consider myself a 'great investor', I think I successfully sold BTC, for example, in 2017 for $16,000, at a time when the high was at 19k. And then I also successfully bought BTC for $6500, while the minimum price was at the level of 3 thousand dollars. And although my sale of BTC was not at the highest price, and the purchase was not at the lowest, it allowed me to increase the amount of BTC in my wallet by 2 times.

[pawanjain]

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

If you are thinking that you will trade your bitcoin and sell high and buy low and accumulate more bitcoin then you have to reconsider your plan.
I have been in this field for nearly a decade now and yet I have not been able to do that.
I have tried multiple times already but lost every time and in the process I have lost half of my investment.
So if I were in your shoes, I would skip this option and just keep holding bitcoin and keep buying more whenever I have some money to buy more.
Also, I would consider doing some side gigs or a part time job so that I can earn extra income and then buy more bitcoin with it.

[Cgrexp]

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

0.001 btc, which is about $1000, is something anyone might want to try to increase by trading. The price of Bitcoin fluctuates rapidly, so if you buy and sell at the right time, you can make some profit. But this requires analysis, patience, risk management, and knowledge. If you trade with this small amount of money, even a small mistake can end it. But I think it would be better to hold it, as you think, if its price increases further in the future, this small amount of money can become very valuable. But the point is that you keep the mindset of learning from this small experiment, then you will be able to make decisions with more confidence in the future.

[JaanusRaim]

Trade no 2: I got additional 0.0025 BTC from https://fairmillions.com/?f=YABTCL and sold it immediately with the price 90 625.47 USD/BTC (fees included), therefore I got 226.56 USD. At the end of the month I calculate what is exactly the balance of my trades.

Balance: 0 BTC, 329.92 USD.


NB! It is worth mentioning that 0.0025 BTC is almost exactly the amount every person in the Earth would get if all BTCs will be distributed equally.
 
Jaanus