How long should a beginner hold Bitcoin before trading

[Nasdel4]

As beginner in Bitcoin and for someone like me who's trying as much as I can to know more about Bitcoin, I always hear people advice: "Don't trade too early"

Yet, it's really not easy and very tempting when you see price swings every day. People will say just HODL for years, while others say that short-term trading teaches you faster.

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

[Amphenomenon]

One thing trading will teach you early is about loss.
As a newbie you don't have to trade as you have heard but rather take your time to learn about the risks and the market in general. The time frame vary from individuals but one thing is sure after learning and acquiring knowledge, you will be able to calculate your risks or put a risk factor when trading.

Also, with time it will be clear for such a person to know if they should continue trading or opt for HODLing rather than throwing money into the market and making no profit.

[Btcdeybodi]

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

Since you are a newbie, i would advise you to stick up with gaining understanding of how the market works and stay away from trading practices for now. Newbies are discouraged from trading because at that early stage it is believed that they have no experience of how the market works and might be operating based on their emotions. Focus on buying bitcoin till you acquire a stash in your holding then you can decide to sell since by that time you must have fully understood the market.

[Yorubek]

I think it is not easy for a new person to achieve success in trading, it is very important to acquire specific knowledge to trade consistently, along with the ability to analyze the market and apply strategies, one mistake while trading can cost us all our money, so it is very important to always train consciously. You can earn money by trading, but you have to manage it efficiently.

[Ronsbit]

It would be best to learn rather than to trade as a newbie. Better still, you take your time to learn the market swing properly before going into it, as the crypto market is very volatile and highly risky.

Trading is not what a person would just dabble into just like that without having a prior knowledge of how it works; they must learn some skills and also technicalities, as it revolves around trading and market trends. Do not forget that trading needs some expertise to be able to navigate through while doing the exercise, so in that course, one must be fully equipped with sound knowledge of the market before going into it.

[Doan9269]

Before a beginner will have to buy or hold a coin, he must understand some basic background study of how to go about these first, choosing a perfect entry position is very important, which talks about how we buy and when, investment is mostly advised to come in when the market is bearish, then we take advantage of it to buy and hold.

Before you can sell, ensure that the market already exceeded the buying rate at which you entered the market, so that you're selling in profits and not on loss, there are market seasons, the bull season and the bear season, which I expect that you know how to make an entry or exit from each of them, now the beauty of bitcoin holding is this, the longest it becomes the more it's profit.

[Dannyella]

Before a beginner will have to buy or hold a coin, he must understand some basic background study of how to go about these first, choosing a perfect entry position is very important, which talks about how we buy and when, investment is mostly advised to come in when the market is bearish, then we take advantage of it to buy and hold.

Before you can sell, ensure that the market already exceeded the buying rate at which you entered the market, so that you're selling in profits and not on loss, there are market seasons, the bull season and the bear season, which I expect that you know how to make an entry or exit from each of them, now the beauty of bitcoin holding is this, the longest it becomes the more it's profit.

for me it is better for a beginner to hold Bitcoin for a few months to year max preferably before trading.This gives time for one to understand the market trend,reduce certain emotional decisions and prevent a short term price change.The value of Bitcoin can go up or come down really fast which is the more reason one have to exercise patience when learning .you also have to learn about how to examine the market space,risk management and strategies for trading.the more u spend in learning the more experienced u become.

[casey15]

Trading isn't something you just jump into.. you have to acquire enough knowledge and experience which sometimes takes years before you can truly be profitable in it. It is better to hold and be sure of your investment but while holding, you show be gathering as much knowledge as possible about trading and also practice. In trading you need to continuously practice which makes it different from hodling that you just buy and keep... It is possible to be successful in both as they are important in their ways.. you need to think long-term as that is how you build wealth.. then you need to think short term too as that is how you will survive fir the long-term achievement

[Justbillywitt]

The first question I will ask you is this, what is your motive before deciding to buy bitcoin? If your plan is to hold bitcoin for a long time then you don't need to consider trading. Although if your aim is targeted towards trading, you don't need any holding duration before you can start trading. Even though I don't encourage the idea of trading especially for newbies. I advocate that bitcoin is to be held for long term and not traded for short term profit. An investor is expected to hold his bitcoin for at least one full circle before considering to sell any portion of his bitcoin, and one circle of bitcoin is 4 years.

[Sally9256]

From what I have understand in this forum now I think holding and trading is two distinct things and it's better you stick to doing the one you think will be best for you. Newbies are advised to stay away from trading because of its high risk so obviously holding for a long time should be the safest for newbies and the most profitable.

For the time being if you lack knowledge we are advised to shy away from trading until you are have gained the required knowledge. Even with knowledge trading is risky, it requires understanding of the market to reduce the risk involved in it.

Being focused on profits is not good for any investor rather you should be disciplined enough to not be after the profit and just hold for as long as possible.

[POPOLUV]

As beginner in Bitcoin and for someone like me who's trying as much as I can to know more about Bitcoin, I always hear people advice: "Don't trade too early"

Yet, it's really not easy and very tempting when you see price swings every day. People will say just HODL for years, while others say that short-term trading teaches you faster.

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

For the fact that you are still a newbie i could have suggested that your main focus should be on how to learn more on how Bitcoin works in parallel market but the purpose of learning you have the every right know best time that best to sell your Bitcoin, there are things that you should understand in life that there are things we learn on our own because of individuals mindset defer from each others, as a newbie you are, if you able to hold up your Bitcoin portfolio 4 to 10 years and you think it is the suitable time to sell of your Bitcoin, it is based on your plans and target when it is due.

[Tmoonz]

As beginner in Bitcoin and for someone like me who's trying as much as I can to know more about Bitcoin, I always hear people advice: "Don't trade too early"

Yet, it's really not easy and very tempting when you see price swings every day. People will say just HODL for years, while others say that short-term trading teaches you faster.

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

For the fact that you are still a newbie i could have suggested that your main focus should be on how to learn more on how Bitcoin works in parallel market but the purpose of learning you have the every right know best time that best to sell your Bitcoin, there are things that you should understand in life that there are things we learn on our own because of individuals mindset defer from each others, as a newbie you are, if you able to hold up your Bitcoin portfolio 4 to 10 years and you think it is the suitable time to sell of your Bitcoin, it is based on your plans and target when it is due.

There is no guarantee that anyone that holds Bitcoin up to 4 to 10 years will be in profits, we should hold Bitcoin for as long as we can be in a good profit which may be more than 4 to 10 years, holding Bitcoin for a longer period of being in good profit is not only limited to newbies it is to all Bitcoin investors both old and new, 4 to 10 years and above should be the best time duration to talk about when it comes to longevity of your Bitcoin investment, if anyone trades too early we will regret it in the future when Bitcoin must have hit lot of new all time highs.

[Marvelockg]

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

what about the money you are saving or the one you have saved in the past, do you always need a form of validation from a third party before using it for whatever purpose you had planed using it for? before you even bought your bitcoin, you ought to have a plan on ground regarding how long you hope to remain invested in your bitcoin.

if you are a trader, then you can risk setting a short term plan for your investment if not, the ideal thing is always to set a long term plan that is geared towards reaping the reward at the moment but in the future with the hope that bitcoin will continue getting bullish. that itself is a risk but that is what investing in bitcoin comes with.

[Hustle2025]

As a beginner who just started Bitcoin investment, it is advice to hold Bitcoin for at least 3 to 6 months before before going into active trading. During that period, the goal should be education, observation, and strategy building, not quick profits. Remember, patience and knowledge are more valuable than speed in the Bitcoin market.

Bitcoin’s price is highly volatile, it can rise or fall within hours. By holding for some months, beginners can:
Observe how Bitcoin reacts to news, regulations, and global economic events. A beginner can also learn the market cycles (bull and bear trends) work.
Beginner should avoid emotional decisions caused by short-term price movements.

[NewRevelation]

From what I have understand in this forum now I think holding and trading is two distinct things and it's better you stick to doing the one you think will be best for you. Newbies are advised to stay away from trading because of its high risk so obviously holding for a long time should be the safest for newbies and the most profitable.

For the time being if you lack knowledge we are advised to shy away from trading until you are have gained the required knowledge. Even with knowledge trading is risky, it requires understanding of the market to reduce the risk involved in it.

Being focused on profits is not good for any investor rather you should be disciplined enough to not be after the profit and just hold for as long as possible.

Run away from trading and first focus on learning here in the forum. You can also use search engines for further questions and then first learn basic knowledge about bitcoin. I would say for now, look away from potential gains from bitcoin, and if you have gathered few informations about Bitcoin investment, and is able to figure out your discretionary income, then you can begin your investment with a long term plan in view. Short time investments or trading will lead you to mush stress, struggle and panic when bitcoin Dips. The best is to come in with an investment mindset for your peace of mind

[Out of mind]

In my opinion, if you are very interested in trading, then first learn to analyze the market and take good advice that will make you wise. Moreover, if you want, you can start trading with a small amount of money that you can afford to lose so that you can gain some knowledge about the market. Although trading is risky, you have to do it efficiently. If you are new, you have to gain some knowledge first and then enter the market. For beginners, I would say that instead of trading, they should focus on investing because there is more fear of losing money in trading but less risk in investing. Those who have held it currently plan to hold it for years and they expect to gain several times from it. So investment will be the best option for beginners than trading, but those who are interested in learning trading must focus on market analysis.

[Nightwalker(NW)]

For Newbies like me who are still trying hard to gain experience, what's a better and smart approach? Should we just focus truly in long-term holding until we really gain full understanding of the market, or is there value in starting small with trades to learn by doing?

To me I think there is specific period one should keep holding bitcoin because it depends on Individuals whether they will hold for long or not, Holding bitcoin required you to know whether you have reach holding limits or you have succeeded securing the amount of profits you are intending to have when holding? All this things are what determined your capacity to hold, although from how I have understood this forum, many has preached for long term investment they should be holding for like 8 years and above this simply mean that you have experienced either 2 halving above only then you can make the required profits needed on your investment.