Holding is better than trading

[Finestream]

Both are good, but sometimes you cannot  be good in both especially trading is certainly risky. So if you are only losing consistently from trading, what's the point of sticking to it? You have to weigh things right so that regrets will be avoided, and if you think you can be less stressful with hodling alone, so focus on it.

You can still learn trading while you are hodling. But I have to say, focus on what's giving you peace of mind. Trading can only give you peace and assurance if you have understood already its nature and possible outcomes.

[tvplus006]

...The problem with newbies is that they want to make profits without being patient enough.

The problem for beginners is not a lack of patience and a desire to make a quick profit, but a lack of knowledge and experience. This is what turns trading into a gambling game, when the main thing is not trading strategy and risk management, but luck.

[Issa56]

Let me brief it.

Trading is good if you understand it, but some people will never understand how to trade but they will continue to lose.

Most people you see trading now don’t even have much knowledge about trading, they just want to trade just because they see people saying they making money from trading, and they also want to make money also. They just going to jump into trading without even having proper knowledge about it.

Just little percentage of traders right now really understand what trading is all about, and how they can trade properly, the rest don’t have much knowledge about trading, and are just following other people’s predictions.

If you have been losing in trading, it is a good advise for you to just hold for bull market to come.

If you can’t trade, then it’s better you just hold, but some people do think holding is just wasting of time, they want to be earning always, and they believe they can only achieve that when they are trading. The risk in trading is just higher than buying and holding bitcoin, if trading doesn’t work, then buy and hold.

[Frankolala]

...The problem with newbies is that they want to make profits without being patient enough.

The problem for beginners is not a lack of patience and a desire to make a quick profit, but a lack of knowledge and experience. This is what turns trading into a gambling game, when the main thing is not trading strategy and risk management, but luck.

Yea, we are saying the same thing because when you're not patient enough to master trading and come up with your own trading strategy, trading becomes a bed of losses for you. You know trading is complex and it can take more than a year to gain experience and concrete knowledge on trading. It's not like long term investment that you can start with only the basic knowledge of bitcoin and learn as you invest.

[justdimin]

you have two choices: either you learn and improve or you stop. there’s no shame in admitting something isn’t for you but at least try first to learn and find ways to improve your trading skills.

Sounds right from the outside. But speaking from my experience, sometimes the cost of learning is too much and it's not just the money that I am talking about but also the time invested in things that are not meant for you. I know many people from years who are trying their best to earn money from trading but they can't get a break and now it's an addiction for them more than anything else.

It's worth giving crypto trading a shot but you need to be wise enough to move on if things are not working out. Sometimes you get addicted while you keep telling yourself that you are still learning and it will work out eventually.

[batang_bitcoin]

you have two choices: either you learn and improve or you stop. there’s no shame in admitting something isn’t for you but at least try first to learn and find ways to improve your trading skills.

It's okay to stop and choose to hold because that's a proven and tested method for all of us. If someone is shameful that trading isn't for them, that's okay. There's no need to broadcast that you're changing your strategy on how you'll make it from this. No person will stop us from doing both trading and holding. But for the most of us, there's no need to be afraid of doing holding because it's more profitable IMHO than trading.

[Asuspawer09]

If you are talking about holding your crypto and daily trading, this were two different strategies that traders do. For sure, both of these strategies have advantages and disadvantages depending on what you are doing and probably just a preference for some traders. A lot of traders go for daily trading because this has a lot of chances when it comes to making a profit, but at the same time, you could lose a lot of money as well since you are risking your liquidity on those strategies, if you make a lot of mistakes, it can easily liquidate your money. Depending on your risk tolerance, it might be a good choice, but at the same time might be bad depending on preference. Personally, I did daily trading back in the day, but it was just really stressful doing trades daily.

Personally already switch my strategy on long term spot trading, it is much safer and you are minimizing your risk as well, when you invest using Dollar Cost Average since you are accumulating and building your portfolio long term, you could start on a small investment, and slowly building it, I realize it the hard way losing a lot of money through years in trading, now I stick on long term, because I realize that investment is boring and that is just the nature of it, it take a long  time to profit and you just need to be patient on it.

[Big Dirams]

...The problem with newbies is that they want to make profits without being patient enough.

The problem for beginners is not a lack of patience and a desire to make a quick profit, but a lack of knowledge and experience. This is what turns trading into a gambling game, when the main thing is not trading strategy and risk management, but luck.

Yea, we are saying the same thing because when you're not patient enough to master trading and come up with your own trading strategy, trading becomes a bed of losses for you. You know trading is complex and it can take more than a year to gain experience and concrete knowledge on trading. It's not like long term investment that you can start with only the basic knowledge of bitcoin and learn as you invest.

Exactly trading is absolutely complex and it does deserves more than knowledge alone for one to become successful. Trading isn’t just about the knowledge, knowledge is a big priority that for sure but there are some other things that need to be putting into consideration for instance the consistency in trading despite the challenges we might face one needs to keep pressing and keep the consistency in check and patience is also a important factor to.
 Having the patience to keep aiming for our goals no matter the circumstances and outcomes is a big priority also. Keeping our mindset, emotions and feelings in good shape while trading also helps a lot and it build up our trading confidence and skills in becoming successful trader one day.
If one guess trading the right mindset then the outcome of it will be superb it might either takes long but result will yield perfectly.

[Rockstarguy]

Let me brief it.

Trading is good if you understand it, but some people will never understand how to trade but they will continue to lose. If you have been losing in trading, it is a good advise for you to just hold for bull market to come. You still have time to earn weekly or monthly and safe part of your money in bitcoin and make more researches but avoid shit coins. Do not let it be too late before you will understand this. There is opportunity in crypto.

But if you are making money in trading, it is good for you. Earn money and hold also.

Their is nothing wrong in trading just that people are not discipline enough to learn trading and understand it better but they just feel trading is what they can scale through with the little understanding they have. The reason why most people even prefer to trade is because they believe quick money can be made from trading. But  going into trading is not about how fast you want to make money , it is about how much understanding you have in trading.

Hodling is the best option for those who dont have the understanding for trading but most people dont have the patience to hodl Bitcoin because it is a longterm investment.

[LogitechMouse]

I agree with Op that trading is also good, especially if we understand it well so that the profits obtained are not continuously lost. So, for those who don't really understand trading, holding on will be very profitable for Bitcoin, not altcoins, whose potential increase during Bitcoin's bullish period is completely unknown.

Like the advice, but I wonder why excluding altcoins though?
I mean altcoins can still give us profit while just holding them right?

I'm not against holding Bitcoin only especially if you're not into trading, and it affects you negatively, but I also believe that we can also make profit in the long term by holding some altcoins, and when I mean altcoins, I just mean those at the top like Ethereum, XRP, BNB and even SOL. Anyway, trading really is very risky, and I've been trading as well, and I would also say that holding is better than trading just because of how it could affect you especially if you're losing consecutive times.

Holding takes time for the investor to make money, but trading is way more risky but it could give you more profit in a short amount of time, and that's the reason why there are still many that are into trading despite of them losing money for quite some time.

[Marykeller]

This is about choosing the one that is beneficial to you, as in this crypto space no one is in competition with anyone, to prove a point to them. Everyone is chasing after the profits not the losses. If it is by hodling or by trading the person is conversant with, they should ride with it, not to the end to complain of unbearable losses

[Ziskinberg]

Holding is better than trading if you don't see yourself making profits in trading. And even if you trade consistently in the market, yet there were no positive results, hence its more advisable to take a break from trading and focus on hodling for long term.

However, if you are doing great and profitable in both, just keep that way, that would make you earn excellent amount of income. You don't have to chose, but never stop learning new skills and strategies to keep improving your trading career.

[Asiska02]

Holding on to your money in bitcoin is actually much better but the patience that is involved in holding for this long is what many people are not willing to wait and want to also try trading out. Seeing trading as another option to make money comes with its disadvantages but many of us don’t look into that or even consider it to disregard not venturing into it. We are more focused on the process than the result and that’s why trading is hard to some and they literally give up sooner. If trading works for one, I think it is a bonus way of earning more but if it doesn’t work for you, holding is better and it doesn’t require you to have extensive knowledge of the whole thing like trading needs.

[Kelvinid]

Trading is much better that holding itself, it offers bigger income especially if you are a good and skillful trader.

But, if you are most likely experiencing the opposite, like losing most of your money because of wrong timing in trading, and making negative positions in trading, then most probably you'll get doomed if you insist to pursue trading.

Focus on holding instead. With patience and clear understanding how bitcoin moves in the market, you will certainly make decent amount of profits, but profits do come after months or years of patiently holding.

[Jewan420]

Trading is good when you are a skilled trader. But trading is not yet smooth for those traders who jump into trading without sufficient research and skills. Even with just a few days of experience, they start playing with their money. I do not want to call trading good for such people. Trading is good, if you understand it well and can control yourself.

Investment is always good if you can invest in the right coins or the right assets, especially in the long term. If you are very inexperienced and weak in determining good coins, then investment is also harmful for you. In this case, I would suggest you to invest in Bitcoin, where you may not have to spend much knowledge.

[Pandorak]

Trading is good if you understand it, but some people will never understand how to trade but they will continue to lose. If you have been losing in trading, it is a good advise for you to just hold for bull market to come.

Trading does indeed involve a higher level of risk and each trader has their own trading style (scalping, intraday, swing trading), so the timing for opening and closing positions varies. For those who lack sufficient knowledge or fail to recognize that trading requires an understanding of technical analysis, analyzing based on past price charts,, it is better to focus on investing, this is a better choice than trading and continuing to incur losses.

[GreatArkansas]

This is about choosing the one that is beneficial to you, as in this crypto space no one is in competition with anyone, to prove a point to them. Everyone is chasing after the profits not the losses. If it is by hodling or by trading the person is conversant with, they should ride with it, not to the end to complain of unbearable losses

Agree, there are a lot of people telling "Trading is not for everyone," so be it, if that is their view on trading, then that's fine. I know trading is really difficult, especially when it involves your hard-earned money.
So for me, holding vs trading is a different argument, since for some people holding works for them, but trading won't, and some trading works but holding won't. So it's more on personal preferences.

[joniboini]

For those who lack sufficient knowledge or fail to recognize that trading requires an understanding of technical analysis, analyzing based on past price charts,, it is better to focus on investing, this is a better choice than trading and continuing to incur losses.

If someone can't fathom that you need to understand charts before you trade daily, it's hard to believe they'll be convinced that investing or DCA should be where their money is. Some people can make terrible deductions here and there, you know.

Then again, some people like to do both because they want to chase that higher profit, even though their capital is limited. It's kinda hard to solve unless they can figure out how to get income from other sources. Even if they do that, they'll have to change their risk assessment too, if they want to be thorough.

[laspol65]

Holding is less risky than trading, most of the money of people is lost in trading where people do this trading work to earn more money for themselves.
So it is better not to enter into risky work, that is why holding plays an important role. Holding is the best idea to keep a person's money safe, here holding Bitcoin will play the best role, not altcoin. If you hold Bitcoin then you will definitely get success.

[Gozie51]

But if you are making money in trading, it is good for you. Earn money and hold also.

This is a brotherly advise. But the problem is some traders have the mind of making money from trading at all cost either because it is a passion that they have developed over the past years and so you see them coming back to it despite losing. For such people who must trade, training is important. To retain ourselve is a very important progress that needs to be made. If a losing trader relies on just what he knows and doesn't make attempt to evaluate his strategy then he would continue losing and like you said, to hodl is better. It gives you peace and profit especially when price appreciate. My advise to hodling is to buy when price has fallen and it is better left for a long time so that it can accumulate better and reasonable profit to the ratio of what you are hodling.