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Author Topic: Hold and trade which is best for you?  (Read 12154 times)

Offline Jamal Aezaz

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Re: Hold and trade which is best for you?
« Reply #270 on: May 16, 2024, 08:31:45 PM »
In investing we only buy when it is bearish and hold, while in trading we must always monitor the market. In contrast to long-term holding, we only wait for the bullish season. both btcu experience and knowledge. in trading and holding. but trading requires the ability to predict short terms

In trading we have to concentrate fully on market price while in investment we have to buy the coin and hold until an event appears where we will see a huge dump in price to sell that hold coin.

Holding is much better than trading but people cannot wait for bull season and they want to make a trade instead of investment. The invested amount will keep growing if we invest it in top coins but if we use it for trading then we will have to give more time to our trade and also it will make us more distressed by regularly keeping an eye on market fluctuations.
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Re: Hold and trade which is best for you?
« Reply #270 on: May 16, 2024, 08:31:45 PM »

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Offline bhadz

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Re: Hold and trade which is best for you?
« Reply #271 on: May 16, 2024, 10:54:44 PM »
We will always hear things like this, that someone will hope for a decline in the price of bitcoin and they will buy it. And when the price they want is touched, they don't make good use of it.
But when the decline comes, they wont buy it. That are those people that wont really buy when the dip comes all they hope is a decline but they are not standing to their words. While us, we want to see BTC to prosper so that many of us will prosper too.

Offline Primo1760

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Re: Hold and trade which is best for you?
« Reply #272 on: May 16, 2024, 10:58:40 PM »
Many hope that the price of bitcoin will fall to $20K, but I think that is impossible this year or early next year. because many hope that the price of bitcoin will rise and touch a new ATH, they will sell their bitcoins that have been held for a long time.
Its too impossible bitcoin will fall down to $20k and I scared with the most people expected bitcoin drop to this price will brave buy back later or keep waiting? Most people expected one day later bitcoin will drop and try to buy back but after lower price coming most of them still confusing and not brave to buy.
I think when bitcoin get correcting around 5% to 10% many people have waiting to buy back and make bitcoin return again to higher price, so fast correction will get faster for bitcoin up to higher price.

20k? Many people would be happy with that amount, of course
a flashcrash could happen but it is something that would last a few minutes given the amount of open orders. people excited to buy at that price
definitely not, I don't think it ever happens
$20k that will never happen. This is currently not expected as the Bitcoin market is now hovering between $60k and $66k and the possibility of going higher from here is most likely as we are close to a bull run right now. We can estimate the market at 100K at the moment. Even then assuming that if the price of Bitcoin reaches $20k then there are some investors who will place orders to buy at a lower price. They cannot buy at the right time.

 

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