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.

[Stable090]

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.

I think both trading and long term investment is good, it’s just depends on choice. Trading is also profitable because lots of people do make money from trading, and you going to be earning frequently unlike when you holding bitcoin that you will have to hold for years before you will be able to make profits.

People make money from both trading and long term investment, but we should know that risk in trading is high compare to when you are holding with lesser risk. You have to properly take your time to learn trading, and even with that you still going to be losing.

[RockBell]

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.

There people just that the numbers are actually very few because how many people would you say that they are making profit so my own suggestions is going to be that start with having an investment then you can follow it with trading trading can be used for like up keep and then you will hold the Bitcoin for a very long time and all this is just for everyone to understand that cryptocurrency is just for you to understand and when you understand then this shows that you know exactly what you are doing because that is the mistake a lot of people are making they don't define there purpose in the market what direction are they taking and a lot of people have so many misconception about taking a step.

When making decisions people are not calm we know that they want to trade but they should always start with the one they know they can handle instead of just doing things without proper consideration on what will be easy for them to handle and that way they will experience less risk.

[Dareo]

I would say that trading or long term investment, which is better depends a lot on how much time a person is able to devote, many people lose in trading because they cannot devote the necessary time to watching charts or learning.  On the other hand for those who do not have the opportunity to follow the market regularly, long term investment can be much more realistic. So it is difficult to say that the same path will be right for everyone.

[Big Dirams]

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.

I think both trading and long term investment is good, it’s just depends on choice. Trading is also profitable because lots of people do make money from trading, and you going to be earning frequently unlike when you holding bitcoin that you will have to hold for years before you will be able to make profits.

People make money from both trading and long term investment, but we should know that risk in trading is high compare to when you are holding with lesser risk. You have to properly take your time to learn trading, and even with that you still going to be losing.

You are right trading and holding are good and we should get the truth that both comes with risk but it just that each of them has different risk which is trading is more risky than holding because of the quick money and fast money it offers so it makes it more risky but holding has lesser risk where we just hold for longer period of time and when the price goes for highs then we easily sell off our holdings.

Money are made from both but I don’t think we can widely assume that trading is more better than holding or why we should choose holding than trading because all this are matter of choice and preference.

[Mr_Brilliant$]

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.

Maybe trading fit work for people wey don really understand wetin dem dey do.. But truth be say, no be everybody go consistently make money from am because the market no dey favor person every time.

As for me, na long term investment I still dey rate pass.. If you fit buy Bitcion projects, hold with patience and no dey expect quick money, the chances of seeing better returns for long run dey higher. E still get risk, but e no dey require all the daily pressure and emotions wey active trading dey bring.

[Bigjoe33]

I would say that trading or long term investment, which is better depends a lot on how much time a person is able to devote, many people lose in trading because they cannot devote the necessary time to watching charts or learning.  On the other hand for those who do not have the opportunity to follow the market regularly, long term investment can be much more realistic. So it is difficult to say that the same path will be right for everyone.

Trading is risky, we know that, even Bitcoin too is also risky. But then, which is worst in it's risk availability, it's then goes down to trading.

Some people really need money to sort themselves out immediately, and investing in Bitcoin gives them no assurance of getting any gains or profit soonest. So, I believe this is the reason why some persons have taken trading as a means of getting quick money. Am sure some just enter the market to buy, and then wait for a price decline, and they sell immediately. Even at this, they still lose money. Anyways, investment still proves more better option even though you can't get the money now, it's best we just save up for the future  by just investing bit by bit without worry or pressure. Perhaps, people can still do what they like

[Somto9Light]

I would say that trading or long term investment, which is better depends a lot on how much time a person is able to devote, many people lose in trading because they cannot devote the necessary time to watching charts or learning.  On the other hand for those who do not have the opportunity to follow the market regularly, long term investment can be much more realistic. So it is difficult to say that the same path will be right for everyone.

How much time you give to something depends on the priority of that thing to that person. If trading is a person’s priority, then no matter how busy they are, they’ll always find way to give it the time that it really requires of them. And this all boils down to goal, a person’s goal is really what determines their priorities and of course the time they devote to something. If a person’s goal is to make quick money, then they’ll never see an opportunity in long term investment, but would rather overlook the risks involved in trading and go for it since it’s more closer to their goals. So in that case, they’ll definitely give it as much time as they can to make sure they reach that goal.

[POPOLUV]

I disagree with your description of trading. There is no doubt that trading is risky. But trading is not bad and it is not like a death trap. If you search, you will still find millions of traders, not that they are stuck in a death trap.

Spend time learning trading and try to gain skills. Trading is not as easy as investing, but it is very complex. Therefore, trading is never advisable for a crypto newbie. If you are interested in trading, you can enter the trade consciously, in this case my advice would be to gain the skills of trading over a long period of time. You will have to lose some money in the beginning, but when you gain the skills, you may be able to recover that loss. If you use trading as a tool to make money in a hurry, then you are really heading towards a death trap.

Don't give advice on trading if you're not a trader because you think trading is easy to learn and make profits whereas, it's not. Traders run at loss in the long run be it a newbie or a professional trader because the market is unpredictable.

The time that you will be wasting to learn trading for long te5and be losing why don't you divert that energy and resources to invest in bitcoin and grow your portfolio through DCA with peace of mind overtime. Use your time and money wisely so that, you don't regret in future.

Trading is not what i will advise any one or any newbies to put interest on because is made up good and bad and the bad part of trading is what is very common to experienced by any one or newbies that eventually consider trading strategy as a means of survival, why the surviving part of trading is very difficult to archive because those that have tested trading part of Bitcoin has experience so many losses through trading part, so it will be a bad idea of knowing all this, yet an investors will still consider the facts of taking the risk associated with trading, i can't take because the country looks so hard to survive and waste my resources in gambling around, it is very obvious that no other strategies is more preferable than making use of DCA strategy to invest in a long term, once you have your discretionary income available.