Can small investors actually make good profit with bitcoin ?

[Sally9256]

There are not many traders out in the market that have earned enough profit through trading but we have many cases where people have to bear huge loses in trading. If you have enough capital then it doesn't mean that you can make profit easily in trading unless you learn and develop necessary skills required for trading. If you have huge capital even then don't start trading straight away with that rather start with small money and increase your money with time as you develop confidence in handling trading risk .

Our capital doesn’t determine our success nor trading outcomes, capital only gives more benefits when we have enough like using a bigger lots size and have the ability to open more than a single entry and still not feel scared when In loss. The outcome of our journey lays on our hand as a trader, if we seek much of knowledge in trading and learn some basic skills and techniques aside just the knowledge alone then we might make progress in the journey but when we don’t seek more knowledge then our outcome can easily be predicted.
 
Trading isn’t just like investment where we can go with just basic knowledge, when we go into trading with basic knowledge then we will see basic profits alone and more of losses.

[cocadalcan]

There are not many traders out in the market that have earned enough profit through trading but we have many cases where people have to bear huge loses in trading. If you have enough capital then it doesn't mean that you can make profit easily in trading unless you learn and develop necessary skills required for trading. If you have huge capital even then don't start trading straight away with that rather start with small money and increase your money with time as you develop confidence in handling trading risk .

Our capital doesn’t determine our success nor trading outcomes, capital only gives more benefits when we have enough like using a bigger lots size and have the ability to open more than a single entry and still not feel scared when In loss. The outcome of our journey lays on our hand as a trader, if we seek much of knowledge in trading and learn some basic skills and techniques aside just the knowledge alone then we might make progress in the journey but when we don’t seek more knowledge then our outcome can easily be predicted.
 
Trading isn’t just like investment where we can go with just basic knowledge, when we go into trading with basic knowledge then we will see basic profits alone and more of losses.

Your own comment shows a double standard. You once said that capital does not determine results and success in trading, and in the next paragraph you give priority to the size of the capital. The main point is that the size of the capital can be small or large, but success in trading depends on the prudent method you use. Experienced traders follow the method of keeping the market conditions in their favor but beginners do not have that attitude. The high capital of experienced traders can lead to failure of planned and short-term trading strategies because there is risk in trading just like gamblers have the possibility of losing every bet.

[ChocolateBitcoinK]

This retardation is why trading is directly proportional to gambling or directly likened to gambling and gambling has been a bad advice since time immemorial.
Honestly, having enough capital should mean meeting up enough Bitcoin or more than enough Bitcoin very early it should not necessarily become a temptation into trading that can along the line even affect your hodling capacity as the case may or the way things happens (unforseen circumstances).

There are not many traders out in the market that have earned enough profit through trading but we have many cases where people have to bear huge loses in trading. If you have enough capital then it doesn't mean that you can make profit easily in trading unless you learn and develop necessary skills required for trading. If you have huge capital even then don't start trading straight away with that rather start with small money and increase your money with time as you develop confidence in handling trading risk .

Starting with a large capital without sufficient knowledge and skills in trading increases the risk of large losses as well as profits. If a new trader does not know enough about market fluctuations, stop-loss, risk-reward, then a large capital can increase the amount of losses instead of solving his problems. Trading does not become safe just by starting with a small capital. Trading risks still exist. Getting good results for a certain period of time does not mean that the same results will be obtained in the future. Therefore, it may be more important to start small and gain experience than to start trading with a large capital before developing skills.

[PhilosopherKing]

Starting with a large capital without sufficient knowledge and skills in trading increases the risk of large losses as well as profits. If a new trader does not know enough about market fluctuations, stop-loss, risk-reward, then a large capital can increase the amount of losses instead of solving his problems. Trading does not become safe just by starting with a small capital. Trading risks still exist. Getting good results for a certain period of time does not mean that the same results will be obtained in the future. Therefore, it may be more important to start small and gain experience than to start trading with a large capital before developing skills.

You say that trading is risky and you still want person to be starting small in trading, what make you think that you wouldn't loose even when you start small. So if you like use large capital to trade or if you like use small capital, losses can still happen, it cannot be avoided. Even those person that have plenty experience in trading still use to loose money anyhow.

This is why it is not a good choice to trade. Or it should be reduced down to the barest minimum. Person can just ongoingly invest for a long time using discretionary income and then quit obsessing over trading. Doing that will help the person to grow their wealth over the years.

[icebar]

This retardation is why trading is directly proportional to gambling or directly likened to gambling and gambling has been a bad advice since time immemorial.
Honestly, having enough capital should mean meeting up enough Bitcoin or more than enough Bitcoin very early it should not necessarily become a temptation into trading that can along the line even affect your hodling capacity as the case may or the way things happens (unforseen circumstances).

They are somewhat related because if you trade and lose, there is no way that your money will return. Therefore, it would be better to understand your analysis so that you have a guide of what you are doing instead of just gambling everything away. If you know what you are doing, we will be able to do important things because, aside from trading, we need to understand how to manage the risk of trading because if you don't, you will lose a lot of money. But the problem people have is that they want to make quick money and it does not work that way. Trading is more complicated and the earlier the better we understand that because trading is a responsibility and we need to take it seriously, to aviod losing so much money.

But when you invest and hold for about 4 to 10 years time, there is no way you wouldn't have something tangible, or something you can build future with. Perhaps, this sound sweet but that's the undiluted truth people failed to acknowledge. Hence, if you must benefit from bitcoin then investing is just the smooth way of achieving it. Short term trading may look good and attractive but it can liquidate your entire finance in a tinkle of an eyes.

I agree with the advice to hold for a long time instead of short-term trading. However, it is not realistic to say that you will get a guaranteed result if you hold for four to ten years. If you want, you can present four years as a market cycle. But the final result will depend on when you bought, how much you saved and whether you have to sell when necessary.

If someone buys Bitcoin with the money they need, they may be forced to sell in an emergency situation even if they have a long-term plan. Therefore, choosing the right money and building an emergency fund may be more important than calculating profits by time.

[JayJuanGee]

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Bitcoin investment is worth giving a trial, and in as much as I would advise people to invest in it I will also let them know that it is wrong to invest with loan money because Bitcoin investment is not a Short term investment or scheme that you will invest today and start expecting reward in a week or two.

That's what I 'm saying. Say, someone took a loan in Summer this year, when Bitcoin was $60k, bought BTC with the money and cash out at $80k today. Would he be in profit? Yes. But could anyone predict in July that BTC will be $80k+ in September? No. No one could predict that. Bitcoin is unpredictable.

That would be dumb to take a loan to buy bitcoin and it would be dumb to sell out for 33% profit.

There were guys in 2016 who bought at $600 and sold out between $800 and $2k, yet that ended up being pretty dumb.

In bitcoin it has tended to be good to come into it with a relatively long time horizon of 4-10 years or longer rather than fucking around with mediocre profits, and sure many guys might even take 4-10 years or longer to just build up their position, yet maybe when they had spent 4-10 years or longer building their position, then they put themselves in a good position to start to consider to either live off their bitcoin so that they do not have to work or they supplement their other income with their being able to draw from their bitcoin.

In bitcoin investment you have to exercise patient before you could get a better return even though there's no guarantee about the return but one thing I believe is that whoever that held his or her bitcoin for Long probably 5-10 years or more will not regret ever holding Bitcoin for Long term.

Yeah, that for sure. I would even say that holding BTC for 4 years would be most likely enough to make a profit.
(Sometimes I regret talking about Bitcoin as of a thing you can make a profit from. Bitcoin is an amazing form of money first of all. We shouldn't forget about that.)

The timeline for holding bitcoin should probably be 10 years or longer, unless you have age concerns or health concerns that do not allow you to hold 10 years or longer.

you are thinking about short term profits, and you are likely not going to do very well in your bitcoin if you spend 4 years building it up and then you sell all of it.

Does not sound like you have any good plans, and trading bitcoin sounds like a loser move.. and go back to the guys who had been accumulating 4-10 years or longer, the real profits seem to really come after a couple of cycles rather either within cycles or merely after 1 cycle.

But hey.  Do what you like and use bitcoin for mediocre profits and perhaps meaningless strategies to actually advance your wealth status.

By there are ways that guys potentially could profit in shorter periods of time, and that is if they can front load their bitcoin .. but still even guys who had front loaded their bitcoin and put 1- 2 years of their income into bitcoin in less than a whole cycle, they may well still be way better off to wait at least one whole additional cycle before they start to consider ways to start to draw upon their bitcoin account.

This retardation is why trading is directly proportional to gambling or directly likened to gambling and gambling has been a bad advice since time immemorial.
Honestly, having enough capital should mean meeting up enough Bitcoin or more than enough Bitcoin very early it should not necessarily become a temptation into trading that can along the line even affect your hodling capacity as the case may or the way things happens (unforseen circumstances).

They are somewhat related because if you trade and lose, there is no way that your money will return. Therefore, it would be better to understand your analysis so that you have a guide of what you are doing instead of just gambling everything away. If you know what you are doing, we will be able to do important things because, aside from trading, we need to understand how to manage the risk of trading because if you don't, you will lose a lot of money. But the problem people have is that they want to make quick money and it does not work that way. Trading is more complicated and the earlier the better we understand that because trading is a responsibility and we need to take it seriously, to aviod losing so much money.

The problem with trading is that you have to buy it right time it is not ta only  job that create complications. In short time trading you have to buy it at the right time, you also have to decide to sell Bitcoin at the right time. Depending on how quickly you want to take profit, the price of Bitcoin will increase according to expectations. You have to do the same thing again . But it is not possible for Bitcoin to increase according to your expectations in every time . That's when traders have problems. They sell Bitcoin at the wrong time, they can't predict the market.

Any time that a person who believes themselves to be an investor sells bitcoin, they run the risk of both not being able to buy back cheaper, but they also put themselves into a waiting mentality (and practice) rather than a practice of ongoingly buying.

It is not a problem to get into a selling and/or a waiting strategy as long as you have enough or more than enough bitcoin, yet part of the problem is that many guys start to sell (or wait) before they actually have enough or more than enough bitcoin.

Many guys here should be ongoingly focusing on buying bitcoin and not incorporating selling in their tactics, because selling does not help them to accumulate more bitcoin.. It only gambles the potentiality of being able to get more bitcoin based on causing them to go into a waiting rather than ongoing buying strategy.

So it is difficult to make a profit by trading Bitcoin to get rich in the short term and most of the time people lose. But it is possible to make a profit from trading. But it is like gambling, if the market price increases according to your expectations and time, then you will make a profit. But this same event will not happen every time . So you will not be able to make a profit consistently . And if you cannot make  profit, then you will have to face loss. So there is no need to create unnecessary mental pressure. I think it is more convenient to do DCA regularly with  long term mindset.

These are good points SPIDERMAN008.  The profits from trading (or selling) or doing better based on including selling into the tactic rather than ongoingly buying is a form of gambling, since it may or may not end up happening, and personally, I got into investing in bitcoin based on wanting to ongoingly take actions to make things happen (which is ongoingly adding to the bitcoin stash until getting enough) rather than gambling upon whether or not the bitcoin stash may or may not end up going up.

One more thing that selling causes, even for guys who believe that they are making a killing in dollar profits, is that they end up selling way too much bitcoin too soon.. and then they say, "fuck"  the price did not end up coming back down.. and they spent so much time waiting and they end up with way the hell less bitcoin than what they had or could have had with the same amount of capital.. and maybe they also end up losing that capital or spending a bunch of time spinning their wheels and ending up with almost the same amount of bitcoin and capital yet they spent hours and hours and hours stressing themselves out looking at the price and trying to make up for their various earlier losses... which may or may not end up working out for them.

[Big Dirams]

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Bitcoin investment is worth giving a trial, and in as much as I would advise people to invest in it I will also let them know that it is wrong to invest with loan money because Bitcoin investment is not a Short term investment or scheme that you will invest today and start expecting reward in a week or two.

That's what I 'm saying. Say, someone took a loan in Summer this year, when Bitcoin was $60k, bought BTC with the money and cash out at $80k today. Would he be in profit? Yes. But could anyone predict in July that BTC will be $80k+ in September? No. No one could predict that. Bitcoin is unpredictable.

That would be dumb to take a loan to buy bitcoin and it would be dumb to sell out for 33% profit.

There were guys in 2016 who bought at $600 and sold out between $800 and $2k, yet that ended up being pretty dumb.

In bitcoin it has tended to be good to come into it with a relatively long time horizon of 4-10 years or longer rather than fucking around with mediocre profits, and sure many guys might even take 4-10 years or longer to just build up their position, yet maybe when they had spent 4-10 years or longer building their position, then they put themselves in a good position to start to consider to either live off their bitcoin so that they do not have to work or they supplement their other income with their being able to draw from their bitcoin.

In contrast, the idea of taking loan is a risky move not when it specifically for investment. You are right this is totally a dumb idea because I don’t know how some people do reason from their own end, like there are aware of what investment is and bitcoin being a volatile currency should have given them more reason for being risky but they intend to take a loan and invest into something which profits isn’t guaranteed. what the hell is wrong with some people

And the idea of selling our holdings at the range of 1-4 years isn’t an investment anymore, it technically a trading approach and that trading mindset. They came for short term gains from bitcoin and they also come along with high risk on their back. Just imagine what would have happen when they ended in reds with the loan taken what a dumb idea. 
Investment should be done by our discretionary income and as for bitcoin, to make a good investment it is the long term and that is 4-10 years of holding or probably more and anything below that year is technically trading.