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Author Topic: Hold and trade which is best for you?  (Read 13163 times)

Online Litzki1990

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Re: Hold and trade which is best for you?
« Reply #285 on: May 20, 2024, 11:06:44 AM »
Yes, I think they just dream that the price of bitcoin will fall to $20K, in fact according to my predictions it will be difficult for the price of bitcoin to fall below $50K, because miners will lose money if the price of bitcoin is below $50k during the halving, because their reward is cut in half. and whales will not let the price of bitcoin fall below $50K
If people expect Bitcoin price drops to $20k in the near future, it is surely impossible. There is no way that Bitcoin price will drop again at that price. The current price is almost $70k again, it raises to $67k today. Instead of dropping to $20k, the price looks like to be pumped again above $70k. We know that Bitcoin can freefall again, it is possible to drop below $50k again. But it should be in the next bearish season, it won't happen in the current bullish season.
We are really not experiencing a DIP in the market, so it's quite impossible for bitcoin to go as low as $20k, the market is just undergoing a recuperation and a correction, that's why the market is looking bearish, but some people are actually mistaking it to be a DIP which isn't true.
After the recuperation period, we are sure that bitcoin will experience another Bull run and break through its current ATH and establishing a new ATH.
Cant really be still that ocnfident on this case on which we know that when it comes to probabilities and possibilities then it would really be that something that could really happen in the market.
We might not be seeing some huge drop for this cycle but come to think that we are still not that too farm after that halving event. Basing up on previous cycles then we arent still there yet
if we are really that trying to look into those previous conditions or situations then i do say that it is really that still too early for us to tell that there wont really be some huge drops
after wards or in upcoming months to come.
because crypto is volatile, declines will also occur, but based on previous analysis and experience, I don't think bitcoin will experience a big decline this year and of course, because it is estimated that early next year will be the bullish season. We will only see a correction this year, it will not be sharp
So far, the very fluctuating cryptocurrency price movements are really needed, traders can take advantage of price movements like this to seek huge profits. Currently market conditions are stable and there tends to be a slight increase. This is a very good move to buy and hold until next year as you said.
Bitcoin market is like that ie you will not see much volatility in this market, if the price keeps decreasing then it stays at a certain level and if the price increases it also increases from a certain level. You can't match bitcoin with all other coins in the market because all other coins in the market are dependent on bitcoin and even if bitcoin grows at a certain speed, other coins in the market rise more. Because of these few reasons you can trust Bitcoin as much as you can trust any other coin in the market, which is why I would say Bitcoin is always the best digital currency to invest in.

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Re: Hold and trade which is best for you?
« Reply #285 on: May 20, 2024, 11:06:44 AM »

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Offline Jamal Aezaz

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Re: Hold and trade which is best for you?
« Reply #286 on: Today at 07:27:21 PM »

       -   Well, I do both of them because I can't and because my income will be reduced if I only do one. Then they must be taken seriously, or else we can't make money from them in the end. And I also think that there are no individual traders who do not do that at the same time.

After all, it can even give us a profit if we are knowledgeable and deep in crypto trading. While holding, we can do what they call day trading activity.
And majority of the traders for them these two are proven and tested already in terms of getting profit.

There is not an issue if people are doing both or any of them because it is a personal matter and depends on your interest and rate of success. Some people are afraid of doing one while others are getting huge profit from both so it is totally related to the interest of an individual.

Some people are experts in holding so they are getting huge profit from investment while others are experts in day trading and are earning more than a person who holds top coins for a longer time therefore do in which you have full command to overcome the risk.
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Offline JISAN

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Re: Hold and trade which is best for you?
« Reply #287 on: Today at 07:45:34 PM »

       -   Well, I do both of them because I can't and because my income will be reduced if I only do one. Then they must be taken seriously, or else we can't make money from them in the end. And I also think that there are no individual traders who do not do that at the same time.

After all, it can even give us a profit if we are knowledgeable and deep in crypto trading. While holding, we can do what they call day trading activity.
And majority of the traders for them these two are proven and tested already in terms of getting profit.

There is not an issue if people are doing both or any of them because it is a personal matter and depends on your interest and rate of success. Some people are afraid of doing one while others are getting huge profit from both so it is totally related to the interest of an individual.

Some people are experts in holding so they are getting huge profit from investment while others are experts in day trading and are earning more than a person who holds top coins for a longer time therefore do in which you have full command to overcome the risk.
Yes both holding and trading depends on one's personal factors and risk management and patience. so if one has sufficient amount of funds to invest for long term he should do holdings.  And if one can take risk and have enough funds to trade then he can trade. I do both holding and trading as per my convenience. Day trading is risky but profit can be made using different strategies but it requires long experience.

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Re: Hold and trade which is best for you?
« Reply #288 on: Today at 10:16:23 PM »

       -   Well, I do both of them because I can't and because my income will be reduced if I only do one. Then they must be taken seriously, or else we can't make money from them in the end. And I also think that there are no individual traders who do not do that at the same time.

After all, it can even give us a profit if we are knowledgeable and deep in crypto trading. While holding, we can do what they call day trading activity.
And majority of the traders for them these two are proven and tested already in terms of getting profit.

There is not an issue if people are doing both or any of them because it is a personal matter and depends on your interest and rate of success. Some people are afraid of doing one while others are getting huge profit from both so it is totally related to the interest of an individual.

Some people are experts in holding so they are getting huge profit from investment while others are experts in day trading and are earning more than a person who holds top coins for a longer time therefore do in which you have full command to overcome the risk.
You could actually do both as you like on which it would really be just that basing up with proper time management and fund allocation on which this is something that you would really be needing up to consider because handling both things could really be challenging. There's mutliple considerations on which you would really be needing up for you to know so that you would be having the idea on what you are dealing with. It would really be impossible that you wouldnt be able to find yourself on which one you would be that confident on doing so.
The more engagement we do have the more chance we could really be having on earning potential profits but of course risks is doubled.

 

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