Why we must choose longterm investment over trading.

[Proty]

My opinion, is that investor should plan long term investing that is the best approach, that gives them a chance of accumulating bitcoin in gradually process by using discretionary income without any form of stress, because any investor who enter bitcoin with mindset of quick profit, it may hard to them to invest in long term investment.

On most occasions, it's who introduced you to Bitcoin investment that have a major influence on the decision making of a newbie, because if he or she is properly oriented, he will be aware from the start that the only credible way to make something significant from his Bitcoin investment is only by going long term, because most of these newbies believes that Bitcoin is a get rich quick scheme, but once they discover that it's not what they initially thought, that's when they deviate into trading without thinking that they might get themselves burnt in the process of trading.

Even without such orientation, a newbie can be able to figure out those things you talked about by common sense. With common sense a newbie should be able to understand that long term investment is less risky than short term and will prioritise investing in bitcoin for a long term than short term. Even with the orientation you made mention of , a newbie can still decide not to hold bitcoin for a long term . Therefore, holding bitcoin for a long term is more of personal decision than orientation.

[Don Saga]

Both trading and long term investment as good. For some people, trading is more preferable as profits are made instantly or within hours or days which makes it more exciting and gives a little bit of control. Recently, a friend bought a car from the money made through trading and it was more like a dream come true for him. Would you say that he would have waited for long term profits on investment to purchase the car? How long do you think it could take? How much patience could he take?

So its not about the method used but the mentality and knowing what works best for you. Trading might be a death game for beginners but it is can be a bed of roses for the oldies in the game, that's the ordeal of life. Trading might seem like a bad idea but that's what the newbies would think, just take proper risk management and trade within your limits and that should be okay.

But not discrediting long term investment though, because that is the safest way to invest without the pressure or constant market monitoring for price actions. Long term investment needs a plan and a target, that's the basic criteria and it should be the simplest form of investment too.

[Tmoonz]

My opinion, is that investor should plan long term investing that is the best approach, that gives them a chance of accumulating bitcoin in gradually process by using discretionary income without any form of stress, because any investor who enter bitcoin with mindset of quick profit, it may hard to them to invest in long term investment.

On most occasions, it's who introduced you to Bitcoin investment that have a major influence on the decision making of a newbie, because if he or she is properly oriented, he will be aware from the start that the only credible way to make something significant from his Bitcoin investment is only by going long term, because most of these newbies believes that Bitcoin is a get rich quick scheme, but once they discover that it's not what they initially thought, that's when they deviate into trading without thinking that they might get themselves burnt in the process of trading.

Even without such orientation, a newbie can be able to figure out those things you talked about by common sense. With common sense a newbie should be able to understand that long term investment is less risky than short term and will prioritise investing in bitcoin for a long term than short term. Even with the orientation you made mention of , a newbie can still decide not to hold bitcoin for a long term . Therefore, holding bitcoin for a long term is more of personal decision than orientation.

It is true that holding Bitcoin for a long term is more of a personal decision but that doesn't take away the fact that good orientation can play a vital role too, there are those that were poorly oriented and while they ended up chasing short term profit over long term, to some people what you see as common sense might not really be common to them such that they still need someone to put them through, we can't underate what orientation either good or bad can do to a newbie and in most cases some newbies only realize that long term is better, safer and risky compared to short term or trading when they must have be in lost.

[Hypnotizer]

And how exactly would selling or taking a bit of profit motivate one to keep on holding, what motivates people to keep on hodling is seeing that they are getting closer to their goal, their long term goal. And until investors have reached their goal, taking profits or selling isn’t ideal at all. I mean what exactly are you even taking profit for when you already have your financial needs covered by your income, have an emergency and backup funds to help you through times that emergencies and unplanned financial crises pops up, so what exactly do you need sell for?

If you can't reward yourself every now and then what's the point? I am talking about a relatively modest reward. If you have made 10K from 1K I think you deserve a 1K vacation or nice new computer.

At least that is how I motivate myself to work harder so I can buy more coin. And the motivation works.

Also, I have never regretted buying Bitcoin, at any price.

That would work pretty nice for motivation and taking profits when the market is green isn’t bad if you’ll still continue holding for a much longer time.

As a reply to you @L E G E N D A R Y, I’d like you to know that taking profits from investments will definitely motivate someone to continue holding especially in bear seasons. If you reward yourself from a bull run and continue holding then you’d develop some level psychological maturity that would help you avoid panic during the bear season and you’ll become an overall better Hodler..

[yixichloro2xx]

Both trading and long term investment as good. For some people, trading is more preferable as profits are made instantly or within hours or days which makes it more exciting and gives a little bit of control. Recently, a friend bought a car from the money made through trading and it was more like a dream come true for him. Would you say that he would have waited for long term profits on investment to purchase the car? How long do you think it could take? How much patience could he take?

So its not about the method used but the mentality and knowing what works best for you. Trading might be a death game for beginners but it is can be a bed of roses for the oldies in the game, that's the ordeal of life. Trading might seem like a bad idea but that's what the newbies would think, just take proper risk management and trade within your limits and that should be okay.

But not discrediting long term investment though, because that is the safest way to invest without the pressure or constant market monitoring for price actions. Long term investment needs a plan and a target, that's the basic criteria and it should be the simplest form of investment too.

There's really nothing wrong with both strategies. But if we were to weigh both in terms of risk of losing money, we will have give that to trading. Because in trading no matter how good your Strategy is, out of 100%, your profitability might just be 40-50%. Trading requires alot of knowledge, strong psychology, and risk management. When it comes to Long term investment/holdings I don't think someone need these kinds of deep knowledge, the things you need to have is figuring out your discretionary income, patience, working on your mindset, and focus on long term gains. in summary the risk in buying and holding is lower compared to Trading. but what I will advise people is that , they shouldn't see both methods as a means to get rich quickly, it requires alot of time and patience.

[Fiasem20]

There is no doubt, country is very hard at the moment and everybody is looking for a possible way of survival. So for this reason many new investors are now going into trading thinking that's is the fastest way of hitting it big of which their is a repercussion that they are not really considering before going into it.

Probably I am the one that doesn’t know what repercussion means,because how on earth would you refer to a financial loss as a repercussion,anyways it could be your own definition of repercussion in regards to a financial loss but to that word sounds too weighty for a financial loss.No doubt that trading is risky but it isn’t as risky as you described it,even in investing most folks lose their coins to scammers,there’s absolutely nothing that has to do with money that’s risk free.In trading,you can’t become perfect overnight,it has to do with dedication to learning more and practicing more because as it is often said practice makes perfect.If you don’t have passion for trading then don’t involve yourself into it because you might only be centered on making quick money.

[Agbe]

Those who dey good in trading make daily though probably na small amount of profit but them dey make am dey settle bills so we should not take trade as bad as we dey think am. But for those wey understand di crypto market, and persevere in the business dey go for investment because there is less risk there if di person e dey persevere. And long term investment too can give di person good profit.

[Biggeno]

~snip~

If you can't reward yourself every now and then what's the point? I am talking about a relatively modest reward. If you have made 10K from 1K I think you deserve a 1K vacation or nice new computer.

At least that is how I motivate myself to work harder so I can buy more coin. And the motivation works.

Also, I have never regretted buying Bitcoin, at any price.

That would work pretty nice for motivation and taking profits when the market is green isn’t bad if you’ll still continue holding for a much longer time.

As a reply to you @L E G E N D A R Y, I’d like you to know that taking profits from investments will definitely motivate someone to continue holding especially in bear seasons. If you reward yourself from a bull run and continue holding then you’d develop some level psychological maturity that would help you avoid panic during the bear season and you’ll become an overall better Hodler.

Whether you take profit from your investment during the market uptrend and/or down trend is still considered trading, camouflaging your trading for taking profit and being motivated according to you is not really necessary. Note, I don’t consider trading bad, if I’ve the luxury of fund, I’ll like to try it out myself, learn and see how far I can go with it but strongly not with my Bitcoin investment. Taking profit from your Bitcoin investment will only lengthen your set out duration. If you keep on assuming trading as taking profit from your Bitcoin investment continuously to reward yourself, when do you intend to get to your over accumulation stage.

[Freeveto]

Those who dey good in trading make daily though probably na small amount of profit but them dey make am dey settle bills so we should not take trade as bad as we dey think am. But for those wey understand di crypto market, and persevere in the business dey go for investment because there is less risk there if di person e dey persevere. And long term investment too can give di person good profit.

Exactly, that is how it supposed to be so that those that rushed into trading without having the knowledge will blame themselves for their actions since they couldn’t wait to learn, they decided to go for quick money since they have traders to feed them with signals.
If one have knowledge for trading, it is good to trade and earn money regularly, but there is still need to buy bitcoin to hold for future.