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

[hafiztalha]

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.

I think that is best time to hold Bitcoin because it is powerful cryptocurrency and people became millionaires because they invested a little amount of money and they became rich and we saw many students who invested a little amount which they saved from their pocket money and they could not digest their success. Many people are rich because they became down to earth and they believe that this will be waste if they withdraw their money. People are Investing in cryptocurrency because they want to be millionaire but it is possible if they will invest in large amount and if they will invest for large period. Holding is more powerful thing and if you want to be trader then you should learn more about trading and should consult masters of that.

[JaanusRaim]

BTC is now 86378 usd, 0.0035 BTC is 302.32. I have BTC 0.0038195(329.92/302.32).

My investment return is 9.13 %.

 

[Lanatsa]

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.

I think that is best time to hold Bitcoin because it is powerful cryptocurrency and people became millionaires because they invested a little amount of money and they became rich and we saw many students who invested a little amount which they saved from their pocket money and they could not digest their success. Many people are rich because they became down to earth and they believe that this will be waste if they withdraw their money. People are Investing in cryptocurrency because they want to be millionaire but it is possible if they will invest in large amount and if they will invest for large period. Holding is more powerful thing and if you want to be trader then you should learn more about trading and should consult masters of that.

0.001 BTC it’s not a lot of capital but it’s perfect for learning and testing how trading works without worrying too much about losing big money you’ll quickly see how timing the market is way harder than it looks. If you try to buy low and sell high based on what you think is “overvalued” or “undervalued” you’ll realize the market doesn’t always follow logic or predictions it moves on sentiment news and liquidity and that’s why most traders who just guess end up losing over time.

Honestly with that small amount the best use might be to just hold it long term if bitcoin hits even half of your prediction say 500k by 2040 that 0.001 btc could be worth around 500 dollars or more depending on how the market evolves not bad for a free start. But if you’re doing this to learn then keep notes of every trade why you made it what the price was and what you learned from it that’ll teach you way more than any profit or loss the key thing is to treat it as an education experiment not a way to double your money quickly.

[@nn@_pen9]

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.

Not everyone is suited to trading, trading is very risky and can lead to losing money very quickly. If we don't have sufficient experience and are limited in trading, holding is a wise choice to build wealth without high stress. Holding is indeed the choice of many people, this method is much more flexible and concise and has the lowest risk compared to other methods, namely trading, which requires special knowledge, insight and skills in trading so that you can make money.

[JaanusRaim]

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.

Respect!
For me too, hitting "the Jackpot" (selling with $126,000 or with $19,000 in 2017) is not the aim at all. I am not a gambler, but value investor who wants to maximize profits in the very long run. I start to sell piece by piece (because I am a bit risk adverse) when I perceive the asset as overvalued and therefore hitting ATH is not probable for me. Today the difference between $90,000 and $126,000 is not significant - the price can rise even to $150,000 (which is quite probable during the very end of the bull run) and I am not regretful at all - I know I can never hit the ATH.

[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.

Not everyone is suited to trading, trading is very risky and can lead to losing money very quickly. If we don't have sufficient experience and are limited in trading, holding is a wise choice to build wealth without high stress. Holding is indeed the choice of many people, this method is much more flexible and concise and has the lowest risk compared to other methods, namely trading, which requires special knowledge, insight and skills in trading so that you can make money.

Traditional education is not enough for a person who want to be successful in a real life because people want to be a so called educated person but they need to learn more about how to operate anything in life and learning of technology is necessary if person want to be rich in a time . People are making money by giving tuition which is not bad but they should be expert in anything to which they choose to be . There are many fields to which we can adopt but if we will take technical education then it will be best for us because many people need that kind of work and many industries need that kind of person who can do well . Skillful people are need of society because these will work and will support people when they have problem.

[tvplus006]

Not everyone is suited to trading, trading is very risky and can lead to losing money very quickly. If we don't have sufficient experience and are limited in trading, holding is a wise choice to build wealth without high stress. Holding is indeed the choice of many people, this method is much more flexible and concise and has the lowest risk compared to other methods, namely trading, which requires special knowledge, insight and skills in trading so that you can make money.

If the goal is to increase the number of bitcoins in your wallet, then there is no other way to do this than to trade. But if there are no trading skills and knowledge, this path will not lead to an increase in the number of BTC, but to their loss.

[Bitcoin_people]

If you invest in Bitcoin from the current market position and hold it, then you will get a good profit from it in the future. Yes, we know that in the future the price of Bitcoin will enter millions of dollars, then of course the amount of Bitcoin you have now will increase several times. If you hold it for a long time and sell it at that time, then of course you can make a profit, but if you do not hold it, then you cannot. And if your plan is to trade, then of course you can face more losses than profits here because market volatility can surround you at any time. So you should keep investing in Bitcoin, if you plan to increase by trading, then you can lose more, so keep your plan on long-term investment.

[tvplus006]

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.

This amount will be significantly lower, as a very large number of bitcoins have been lost to date, and this number is increasing every year. In addition, the world's population tends to increase every year, which again reduces the average amount of BTC per 1 person. And the most important thing is that no one will divide bitcoins between people, and it only depends on us how much BTC everyone will have.

[cxtreenal]

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 want to experiment with this amount of BTC you are welcome but not for trading. I would recommend you to hold it for the long term. If your guess about the value of Bitcoin is partially correct and you are confident then start DCA. This is not just a strategy to increase your holdings but a way to grow your wealth. Your guess about the value of Bitcoin is very likely to be correct because the structure of this digital asset may exceed your expectations in the future.

I would prefer to accumulation with DCA strategy through discretionary income considering any possible scenario of Bitcoin price. I believe that the strong structure of this asset will keep me positive in reaching my financial goals in real terms as well as reward me for long term target and perseverance.

[bettercrypto]

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

Since no one really knows when Bitcoin will reach the price of 1 million per Bitcoin, if your plan is to hold long-term until 2040, I think that if you can afford to start with that amount,
then you should start now.

Then, every time you have extra money, just buy again. As long as you have spare money, keep on buying as much as you can, if your belief in Bitcoin is strong, OP, because most whale investors are doing this even up to now.

[jossiel]

BTC is now 86378 usd, 0.0035 BTC is 302.32. I have BTC 0.0038195(329.92/302.32).

My investment return is 9.13 %.

Not bad and it's still more than what the banks have to offer for an annual return.

But it's gonna be a quite roller coaster from now on until we head to the next year which is assumed to be the bear market.

Brace yourself when that comes but don't be scared because that will be the next best time to enter into the market for the next cycle and bull run.

[YUriy1991]

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

I think this is a good starting capital, even if it's small. The important thing is that you've started, and now you can ask more experienced friends. You can grow it using various methods. I think it's better to trade it in altcoins, which have more volatile movements. While a little risky, this method is a faster way to grow your capital by monitoring every market momentum.

[zaim7413]

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?

You seem very optimistic about Bitcoin's future growth, but you need to know that Bitcoin's price is very difficult to predict, even experts cannot predict it accurately. Now let's speculate on some factors that could affect the price of Bitcoin in the future, if Bitcoin continues to grow and become more popular in the future, then it is likely that its price will increase, but if bad events or unexpected things happen such as regulatory changes or other attacks that cause negative issues for Bitcoin, then the price could fall. I can't say whether it will happen or not, but from a historical perspective, Bitcoin has shown significant growth in recent years.
Now it depends on you, if you plan to maintain your investment and are confident in its future growth, then immediately prepare yourself to accumulate the amount gradually, but if otherwise, set a Target to release it.

[hafiztalha]

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?

You seem very optimistic about Bitcoin's future growth, but you need to know that Bitcoin's price is very difficult to predict, even experts cannot predict it accurately. Now let's speculate on some factors that could affect the price of Bitcoin in the future, if Bitcoin continues to grow and become more popular in the future, then it is likely that its price will increase, but if bad events or unexpected things happen such as regulatory changes or other attacks that cause negative issues for Bitcoin, then the price could fall. I can't say whether it will happen or not, but from a historical perspective, Bitcoin has shown significant growth in recent years.
Now it depends on you, if you plan to maintain your investment and are confident in its future growth, then immediately prepare yourself to accumulate the amount gradually, but if otherwise, set a Target to release it.

I think hold is best who is interested to invest in Bitcoin because we are seeing Bitcoin value which is high in the market and people want to hold that and we will see price increase in a short period because that is limited in quantity and it's mining is very very difficult and we are very low quantity increase over the year.  Many people are doing investment in Bitcoin but their friends suggested them because they are on that platform for the years and they know that Bitcoin investment will not be in loss . Many people are doing trade and trade is not an easy because you have to see the market and you have to set the price in which you want to sell and many times you are in profit and you should be in loss because that is part of life .

[Joy- maker]

If you ask me I will advise you to hold your Bitcoin's instead of trading them, why because trading is very risky and  this Bitcoin's you want to trade can be lost within a twinkle of an eye. But if you must trade, trade with the amount you can afford to loose to avoid chasing after your lost Bitcoin's and end up loosing more Bitcoin's.
Holding Bitcoin is the wiser thing to do since you are still a newbie, just continue with ongoing buying of Bitcoin with your leftover money, using the DCA method and then hold for long term five to ten years or more, and  you will see yourself making good profits in return from your Bitcoin portfolio.

[Cgrexp]

If you ask me I will advise you to hold your Bitcoin's instead of trading them, why because trading is very risky and  this Bitcoin's you want to trade can be lost within a twinkle of an eye. But if you must trade, trade with the amount you can afford to loose to avoid chasing after your lost Bitcoin's and end up loosing more Bitcoin's.
Holding Bitcoin is the wiser thing to do since you are still a newbie, just continue with ongoing buying of Bitcoin with your leftover money, using the DCA method and then hold for long term five to ten years or more, and  you will see yourself making good profits in return from your Bitcoin portfolio.

Trading is especially risky for beginners because they lack experience and can cause big losses. It is wise to hold onto Bitcoin. Long-term investment in the DCA method can be done by investing small amounts on a weekly or monthly basis and it is better if this investment period is 5 to 8 years or more. But if someone wants to trade personally, it must be done with an amount of money that, even if completely lost, will not affect normal life or create major financial stress. However, if you can maintain your investment in the long term with patience and discipline, there is a greater chance of getting good results.

[nara1892]

Even the amount of $100 you have might be $10,000 in 2040, nothing is impossible, Bitcoin has proven it, you can see the track record where in 2020 if I'm not mistaken the price is still tens of thousands of dollars but now it has reached 10x in just about 5 years, this means the potential profit is huge, the key is as long as you can stay consistent and patient.

I myself always put some amount of money that is not used for the needs of life in Bitcoin, usually once a month, but not just to experiment but purely to invest in the long term while protecting the value from inflation.

[Perfectbaby]

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

You can only achieve that value you mentioned when you are holding this save value of Bitcoin till the said date.
However, if you are that good with trading you can increase it if course, but it's very hard if you are not that sound in trading, most time you can even end up losing it entirely.
But for you not to lose anything you must holding it back on your wallet and keep your seedphrase safe without compromising it.

[terrific]

You can only achieve that value you mentioned when you are holding this save value of Bitcoin till the said date.
However, if you are that good with trading you can increase it if course, but it's very hard if you are not that sound in trading, most time you can even end up losing it entirely.

Most traders are losing money and they know it and some others are shifting into holding.
There is no need to act like some genius trader when we know that both can be profitable but, it takes less effort and mind to do holding.

But for you not to lose anything you must holding it back on your wallet and keep your seedphrase safe without compromising it.

As they trade, especially if it's quite amount of money.
They'll have to leave their funds in the exchange and there's no back up in there if it happens some hack occurs on the broad sunny day.