Holding is better than trading

[Issa56]

To invest for the long term, we must first develop a long-term mindset. We need to mentally prepare ourselves to hold Bitcoin and maintain our investment for the long term even in the midst of market volatility.

Some people think holding bitcoin is so easy, they think it’s just to buy and hold. If you are not really prepared you going to find it difficult to be able to hold bitcoin. There are some things which you are suppose to do first if you really want to holding bitcoin, if you don’t do those things, you might end up selling your bitcoin later just to take care of something’s.  If you don’t have the right mindset, you just going to find it difficult to hold bitcoin.

If you want to hold bitcoin, it’s better you don’t buy everything at once, the strategy which I do use is DCA strategy, you can just be accumulating some amount of bitcoin within a specific period of time.

[Achalugo BTC]

I myself still remember that I used to trade because of an invitation from a friend who was convinced that this could be profitable quickly, but after some time this was not easy because I thought it was almost the same as gambling, so I left it because I thought it was too risky even though there might be a right way to avoid the risk.

With now I am investing using the DCA strategy which is done consistently and this is not like trading because the investment I do is in a long-term way not short-term, if you want a quick profit or short-term then try to do trading only if with investment I don't recommend it anyway.

That's a good decision to make and its essential you realized that trading doesn't suit your ability of self-control or discipline, which its important you make the right choice and this shows that you really understand what invest and hold for long-term, as it will help you to guide through the journey, though it might not be easy but its more better for you and that gives you peace of mind. That is why people should do what will not take away their peace and shouldn't engage in trading or holding just because their friends do so, as its necessary for one to make research for their own good.

[DanWalker]

That's absolutely right. But we all know and the fact is, most traders suffer losses not because of poor analysis or a lack of knowledge, but because even many experienced traders are unable to fully control their emotions in the market. Emotional control is the most difficult challenge for traders especially when it comes to greed and fear.

In fact, the more experience a trader gains in the market, the stronger their mental resilience typically becomes, allowing them to better manage their own emotions. Or at the very least, they usually know when to stop when emotions begin to cloud their analysis. This is because decisions can sometimes become flawed when emotions are involved in analysis, especially in trading.

I dont think many people realize that. Thats why they always believe that with hard work and perseverance, they will achieve success in trading.
Trading is not a typical 9 to 5 job where working harder leads to success.  It is a game of probability. Predicting the market is already challenging, but controlling your emotion is the hardest part.

In trading, knowledge is only one piece of the puzzle. Risk management, discipline and emotional control are what actually determine whether you can survive and make money.

[Achalugo BTC]

It's tough and only those who have that big nerve together with their knowledge and skills, they are the one that capable to work with short term trade, while those who are not willing to lose their hard earned money, better to buy and hold, set your target and wait for the amount to be reached, it's more safer if you believe that you invest with the project that will bring decent amount when the right time comes.

That's right, trading is not for everyone, so its hodling too, that's why one should make research before making any decision, instead of making decisions based on emotions because its good for one choose what its right and what fits their peace and in order for them to stand on their decision, they have to exercise discipline and trust the process, which they will achieve their success and also, one ought not to make decision just because other people are making profits from it, as it might not profits them the way it profits other people and this will cause them to make financial mistakes that might ruined their lives.

[BALIK]

To invest for the long term, we must first develop a long-term mindset. We need to mentally prepare ourselves to hold Bitcoin and maintain our investment for the long term even in the midst of market volatility.

Some people think holding bitcoin is so easy, they think it’s just to buy and hold. If you are not really prepared you going to find it difficult to be able to hold bitcoin. There are some things which you are suppose to do first if you really want to holding bitcoin, if you don’t do those things, you might end up selling your bitcoin later just to take care of something’s.  If you don’t have the right mindset, you just going to find it difficult to hold bitcoin.

If you want to hold bitcoin, it’s better you don’t buy everything at once, the strategy which I do use is DCA strategy, you can just be accumulating some amount of bitcoin within a specific period of time.

I am not saying that holding bitcoin is easy because there are no shortcuts to making money or becoming wealthy. Investing in bitcoin is no exception.

However, I am confident in saying that holding Bitcoin is much easier than trading. All you need is patience and a longterm vision, you do not need to constantly monitor charts, trying to predict and cope with the pressure of short term market fluctuations.

When it comes to strategy, both DCA and a lump sum investment are perfectly valid approaches. That depends on your strategy, investment plan, and risk tolerance.

[Baki202]

That's a good decision to make and its essential you realized that trading doesn't suit your ability of self-control or discipline, which its important you make the right choice and this shows that you really understand what invest and hold for long-term, as it will help you to guide through the journey, though it might not be easy but its more better for you and that gives you peace of mind. That is why people should do what will not take away their peace and shouldn't engage in trading or holding just because their friends do so, as its necessary for one to make research for their own good.

The handwriting is written clearly on the wall when it comes to trading there is no way you won't put yourself under control because most times there is a lot of reasons why people want to trade and for those reasons it will be determined exactly what will happen because trading comes with a lot of responsibility, and it is not everyone that is up to the task because when you don't even have a target, then what will then be your drive as a trader?

And it is very clear that when you want to trade, you should choose between trading and holding doing what brings peace would have just been the best option that they can make use of because there is a lot of complication, emotion, greed, and other factors, so we need to be very prepared before we start what we know we cannot finish because that is how it usually happens.