point of main, holding need long time but trading is short time which you can make money everyday from trading.One thing that your statements have made clear is if you want to make a profit in trading or either in investing, you have to be good at it. But what if you are not good at it? Then I prefer you should go for investing and only invest in BTC for the long term but you can also add ETH to your list to hold onto as its also a good project.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.In fact, both might be possible for me, although it's not very good for daily trading. Yes, only short time trading on the Spot market is actually not as risky for Liquidation or losing money as a whole like in the future market or with a leverage system which of course also has higher risks.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
On the other hand if a good investor can buy good currency then he can also get profit.Trading aims to provide you with liquidity. You can use that liquidity to buy more Bitcoin
Re: Hold and trade which is best for you?Holding for me. :P
point of main, holding need long time but trading is short time which you can make money everyday from trading.Trading is harder than you think, if you enter trading without enough knowledge and thought that knowing a strategy is enough, you are wrong. No matter how profitable your strategy when you back test, doesn't mean it will give you the same win rate as you do live trade. It's because emotion is involve in real account which can really affect your execution in the market. So if you think you can't handle the stress that trading could give you, then hodling would be a great choice.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
~~Contributing in accordance to your topic .
holding coins in the long term is good as our savings for the future... but it is also good if we trade in the short term to gain profits every day so that we can get 2 profits from what we do and we have to be careful when trading in short term time because we have to have a lot of knowledge in trading so that we become experienced in itHolding Bitcoin isn't for saving but it is for investment. If you want to have saving, you can go to the bank and create an account there. Having investment should be better than saving because we have chance to multiply our money. But if we have saving, the money will remain the same or even will decrease its value. Regarding trading, it requires a lot of knowledge and experience. It is not recommended for new comers, it is only recommended for experienced people.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
On the other hand if a good investor can buy good currency then he can also get profit.Just buying a good cryptocurrency does not make you a HODLer. In order to HODL, you need to have the will to HODL and a plan. HODLing sounds easier than trading but it is as hard as trading. One wrong decision and your profits become your losses. Emotion control is a key part of HODLing. If you can't control it and sell out of FOMO, FUD or panic, you are not a strong HODLer.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Indeed. If you invest your money in crypto coins, it should take for few years to take profits. There is no investment that target to take profits for few days or weeks. So, if you want to take profits quickly, kindly do trading because it can earn profits daily or weekly. But if you can both, why don't to take investment and trading together. We just need to divide our funds and make specific targets on them.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.Sure, both investment and trading require knowledge. We can learn investment and trading from many sources, it can be in this forum and out of this forum. Most people learn from articles on the crypto sites or watch some videos from YouTube. As long as it is from trusted/reputable sources, there is no problem to learn investment and trading from any sources.
Both holding and trading are individual, some prefer long term holding and some prefer short term holding. Many prefer to trade holdings, some prefer trading, and some prefer futures trading. But for now long term holding is more profitable than short time holding.You trade holdings only when you're ready to opt-out of that particular trade so everyone trades their holding on the point of withdrawal probably to a more stable coin which is of less volatility compare to the invested coin .
Both holding and trading are individual, some prefer long term holding and some prefer short term holding. Many prefer to trade holdings, some prefer trading, and some prefer futures trading. But for now long term holding is more profitable than short time holding.exactly. Both holding and trading are individual preferences based on our own abilities. We don't need to compare or blame other people who prefer trading or holding. because it could be what suits each of them best in terms of strategy, financial, mental readiness and so on. What we should do is prepare ourselves what best suits our conditions, our abilities and our readiness. As long as we can choose these risks and we are willing to take one or both of them, yes, we have to be responsible for this. As much as possible, we can make a profit, instead we end up losing money. and this is definitely not easy and there are always risks. Therefore we have to understand what we have to do to prepare ourselves before we dive into the world of crypto, whether trading or holding.
point of main, holding need long time but trading is short time which you can make money everyday from trading.In both holding and trading you need to know your strategy, if you don't know your strategy you can't be successful in either. You must have a lot of experience in trading, especially on trading platforms. If a trader does not have a trading strategy, he will never succeed in trading. And trading that a trader can constantly earn money is not. So for me holding is better than trading because I am not very experienced in trading and making money from trading seems too risky to me.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
In both holding and trading you need to know your strategy, if you don't know your strategy you can't be successful in either. You must have a lot of experience in trading, especially on trading platforms. If a trader does not have a trading strategy, he will never succeed in trading. And trading that a trader can constantly earn money is not. So for me holding is better than trading because I am not very experienced in trading and making money from trading seems too risky to me.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
Investment will have a long term goal, meanwhile trading has a short term goal. If we want to get quick profits, we can choose trading. But if we want to get maximum profits but we are busy everyday, we are better to choose the investment.
The point is to understand what we are doing. You are right we will never be successful if we do something without any knowledge and strategy, be it in trading or in holding.point of main, holding need long time but trading is short time which you can make money everyday from trading.In both holding and trading you need to know your strategy, if you don't know your strategy you can't be successful in either. You must have a lot of experience in trading, especially on trading platforms. If a trader does not have a trading strategy, he will never succeed in trading. And trading that a trader can constantly earn money is not. So for me holding is better than trading because I am not very experienced in trading and making money from trading seems too risky to me.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
If you have another source of income and you are too lazy to do studies about it, I think it is suitable for you to be a long-term investor. The only thing to do is to choose a crypto to buy and hold it long-term.We should have other source of income in real life. It is better to not rely on trading to get monthly income. We may not get profits every day, trading sometimes becomes difficult because of the change of crypto trends. I have an experience to get no profits with my day trading, during the bearish season it is a bit difficult to get profits.
If you have another source of income and you are too lazy to do studies about it, I think it is suitable for you to be a long-term investor. The only thing to do is to choose a crypto to buy and hold it long-term.We should have other source of income in real life. It is better to not rely on trading to get monthly income. We may not get profits every day, trading sometimes becomes difficult because of the change of crypto trends. I have an experience to get no profits with my day trading, during the bearish season it is a bit difficult to get profits.
Those who want to do trading completely and do it from home and are willing to leave their main job, then that is not the right way, when you already work in an office then you should keep that job, make cryptocurrency a place to store assets in the form of Bitcoin, why only Bitcoins? because Bitcoin has a limited total supply and has the opportunity to gain a lot of profit when the price rises to become very expensive. If you observe the price of Bitcoin from 2017 to this year then I am sure you think the same as me that Bitcoin can be a good investment place and place for long-term trading.If you have another source of income and you are too lazy to do studies about it, I think it is suitable for you to be a long-term investor. The only thing to do is to choose a crypto to buy and hold it long-term.We should have other source of income in real life. It is better to not rely on trading to get monthly income. We may not get profits every day, trading sometimes becomes difficult because of the change of crypto trends. I have an experience to get no profits with my day trading, during the bearish season it is a bit difficult to get profits.
I do agree, we shouldn't rely on crypto alone, maybe there will be some members who goes on full crypto, but it's very unpredictable and we can compare it to gambling that we don't know if we are going to profits or not.
And I recall the madness of 2017's bull run wherein I saw post regarding quitting their job and then just trade. But in 2018, very different story to all of us as it is bearish and we can't make money in trading or it is very hard.
Those who want to do trading completely and do it from home and are willing to leave their main job, then that is not the right way, when you already work in an office then you should keep that job, make cryptocurrency a place to store assets in the form of Bitcoin, why only Bitcoins? because Bitcoin has a limited total supply and has the opportunity to gain a lot of profit when the price rises to become very expensive. If you observe the price of Bitcoin from 2017 to this year then I am sure you think the same as me that Bitcoin can be a good investment place
Yeah , bitcoin is always be favourite coin for investment.Bitcoin is number 1 for the choice of investment. Ethereum is the number 2.
Limited supply and most popular than other.
If we bought bitcoin at the past, maybe we will be a rich people now.
Trading is good way to do, if we have skill, good analysis and experience.But it is not easy to have a proper knowledge in trading. Although we can analyze it, it is difficult to know the exact thing to happen. We often to see a surprising thing happening. Sometimes we predict the coin will skyrocket, but in fact it freefalls. There is no certainty in crypto investment. That's why we don't make crypto as the main job. You're right, we must stay in our job in real life.
We can gain profit everyday by trading.
But don't leave you real job.
For the record, crypto is just another income.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Money can be earned in both trading and holding but definitely skill and skill play a very important role in this. However, in the new situation, many people expect to earn money overnight by trading or holding, but it is completely unreasonable. There are certain requirements that must be mastered by the new traders before starting trading. Of course experienced traders rarely experience losses while trading. So a novice should not expect to profit from trading and holding unless he himself is experienced and skilled.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
A person can trade and invest together if he wants. If a person has an idea about investing and if he has an idea about trading then he can definitely do two things at the same time but this person will need good financial support at the same time. There is no need to worry much about investments as investments are usually planned for a long time. After investing, the investment should be kept and if there is a plan to increase the investment in the future, an investor can increase his investment, but trading requires a little more planning or thinking than investing. Trading is usually done in a short term plan so a trader has to monitor the market every time and buy coins at the right time and sell them at some profit so always monitor the market. Both are very positive for a person if done well.
Those who want to do trading completely and do it from home and are willing to leave their main job, then that is not the right way, when you already work in an office then you should keep that job, make cryptocurrency a place to store assets in the form of Bitcoin, why only Bitcoins? because Bitcoin has a limited total supply and has the opportunity to gain a lot of profit when the price rises to become very expensive. If you observe the price of Bitcoin from 2017 to this year then I am sure you think the same as me that Bitcoin can be a good investment place
Yeah , bitcoin is always be favourite coin for investment.
Limited supply and most popular than other.
If we bought bitcoin at the past, maybe we will be a rich people now.
Trading is good way to do, if we have skill, good analysis and experience.
We can gain profit everyday by trading.
But don't leave you real job.
For the record, crypto is just another income.
When holding for an extended period of time, there are certain risks to take taken into consideration, such as market volatility and possible regulatory changes. On the contrary, trading carries more risk but has a chance for bigger short-term profit. When deciding on a choice, it's essential to carefully evaluate what you want and risk forbearance.
[/quote
All formes of Trading comes with risk , even the crypto market it self is a risk
However, it lies with us to make a comparison between the short term and the long term but what really matters is that either long or short we must be prepare for the down part .
point of main, holding need long time but trading is short time which you can make money everyday from trading.You need to gain a lot of experience in both areas to make money. If you don't have proper knowledge about trading and proper strategy then you can never earn from trading platform. On the other hand if you don't have proper knowledge or strategy about holding then you will never be successful and earn money from holding. There are many traders who keep their balance trading at a loss day after day after month because they don't know the strategy properly. There are many holders who get impatient after holding for a while and sell their holdings at a loss. So whatever you do you have to be patient only then you can be successful.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
When holding for an extended period of time, there are certain risks to take taken into consideration, such as market volatility and possible regulatory changes. On the contrary, trading carries more risk but has a chance for bigger short-term profit. When deciding on a choice, it's essential to carefully evaluate what you want and risk forbearance.Both trading and holding have the risks. I think the level of the risks are the same if we hold top coins. It will be different if we hold shot coins only. Sure, the volatility of the prices and the market trend will absolutely change. So, there is no term of safe holding or trading in crypto because of the nature. The news also has a big role to influence the price movement.
I prefer HodL because most of the coins I own are sold shortly after they rise and I don't really care if the coins I own dump by 70% or more.It looks simple, but in reality it will not be so, it will not be so easy to withstand the long term.
Daily trading seems like I can't wait to continue trading because I see the price changes every day and it's very difficult to predict the price, instead I want to make a profit but if I'm impatient I can lose.
This is just my taste, who likes long-term trading or being a trader because it is very easy for me to do.
-Buy coin Z with a nominal value of 100 USD.
-Wait and HodL until the price increases according to what I want.
-Simple, right?
The news circulating will have an important influence on cryptocurrency price movements, but what you need to pay attention to is that only holding coins that have a limited supply, such as Bitcoin, means the risk will be smaller because the very limited availability of Bitcoin will definitely have a good impact in the future.When holding for an extended period of time, there are certain risks to take taken into consideration, such as market volatility and possible regulatory changes. On the contrary, trading carries more risk but has a chance for bigger short-term profit. When deciding on a choice, it's essential to carefully evaluate what you want and risk forbearance.Both trading and holding have the risks. I think the level of the risks are the same if we hold top coins. It will be different if we hold shot coins only. Sure, the volatility of the prices and the market trend will absolutely change. So, there is no term of safe holding or trading in crypto because of the nature. The news also has a big role to influence the price movement.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Your stamens seem to be controversial at the beginning compared to what you used as the ending, probably you should review and edit or you mean "Holding is as best as compared to long term ". Although your last statement buttressed your point but you might need to review :)
Holding is best as compared to short term because in short term the person is in tension all the time whereas in holding the person is not in tension he is tension free and he imagines if he will benefit in the future how much will he benefit i.e. He's putting this stuff in and time is going by and suddenly he's so profitable long-term because this whole market is run on bitcoin, that is, if you hold bitcoin one day you will get a lot of benefit from it because bitcoin can never die. You must have seen all the previous charts, how many times bitcoin has gone down, but then what is yours. Goes back into place.
So better think about long term as holding the coins not to sell for a few dollars as short term.
point of main, holding need long time but trading is short time which you can make money everyday from trading.If you say that I should compare and experience trader with a long-term holder who makes more money, I will simply say that and experience day trader makes more money than a long time holder. But I am not a day trader, that it is not easy to be a day trader. Apart from the fact that you need to know about your technical and fundamental analysis and also know about your candlestick analysis, you still have to devote a lot of time in order to be profitable in day trading. That time is where I am not comfortable with. I just want to end in cryptocurrency in a passive, I do not need or want to dedicate all my time to making money in cryptocurrency. This is the reason I have preferred holding to day trading
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
If you look at the benefits, it is clear that daily trading will be faster to make profits, but we also have to look at the risks, the risk is higher compared to holding for a very long time.point of main, holding need long time but trading is short time which you can make money everyday from trading.If you say that I should compare and experience trader with a long-term holder who makes more money, I will simply say that and experience day trader makes more money than a long time holder. But I am not a day trader, that it is not easy to be a day trader. Apart from the fact that you need to know about your technical and fundamental analysis and also know about your candlestick analysis, you still have to devote a lot of time in order to be profitable in day trading. That time is where I am not comfortable with. I just want to end in cryptocurrency in a passive, I do not need or want to dedicate all my time to making money in cryptocurrency. This is the reason I have preferred holding to day trading
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
-It's also hard to choose maybe it only takes one word "miracle".
A professional trader can make a little mistake in his trade and all the profit that he has made will be wiped out and he will even run at big loss. Let's not sound as if trading is easy and that people make profit from it every day. Majority of traders run at loss every day, and this is why I will not totally accept that trading can give profit compared to when you hodli. One thing that I love hodli and believe that hodli gives more profit than a day trader is the compounding interest that your bitcoin hodlings generate for you over a long period of time. If you want to benefit from your bitcoin hodlings, you should continue buying weekly or monthly regularly using DCA method so that you can increase your bitcoin portfolio size. This is because the profit that you will have from your bitcoin hodlings is based on the size of your bitcoin portfolio with timeline. Trading to me is like gambling and those little profit from bitcoin price fluactuation cannot be compared to a long term profit. Hodli has very little risk attached to it.point of main, holding need long time but trading is short time which you can make money everyday from trading.If you say that I should compare and experience trader with a long-term holder who makes more money, I will simply say that and experience day trader makes more money than a long time holder. But I am not a day trader, that it is not easy to be a day trader. Apart from the fact that you need to know about your technical and fundamental analysis and also know about your candlestick analysis, you still have to devote a lot of time in order to be profitable in day trading. That time is where I am not comfortable with. I just want to end in cryptocurrency in a passive, I do not need or want to dedicate all my time to making money in cryptocurrency. This is the reason I have preferred holding to day trading
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
The choice of being a holder or trader is one that has been out there in the crypto space for a long time and I believe it's only the people that have patience that actually meet up with holding up their crypto because they tend to see the bigger picture while for the short term trader's it's a game of high risk and probability so I think am okay with less risk even if it' means I will have to wait a long period.
The choice of being a holder or trader is one that has been out there in the crypto space for a long time and I believe it's only the people that have patience that actually meet up with holding up their crypto because they tend to see the bigger picture while for the short term trader's it's a game of high risk and probability so I think am okay with less risk even if it' means I will have to wait a long period.When you have a lot of money, controlling both will be easier, but when the capital you have is very limited, it is better if you just trade. That way, you can take advantage of fast price movements and make a profit every day.
The choice of being a holder or trader is one that has been out there in the crypto space for a long time and I believe it's only the people that have patience that actually meet up with holding up their crypto because they tend to see the bigger picture while for the short term trader's it's a game of high risk and probability so I think am okay with less risk even if it' means I will have to wait a long period.People who can be patient, they prefer to choose holding coins. But people who have no patient or want to get profits soon, will prefer to choose trading because it can get fast profits. Moreover if we do day trading, we potentially get profits each day. Although it is not easy to take profits in trading, but we can learn how to choose the right coins and a proper strategy.
It's also hard to choose maybe it only takes one word "miracle".I have experienced this magic with a capital of $ 500 and can make a profit of around $ 60k++.
I am also sure that with magic and capital of 100 USD you can make 10,000 USD or more.
HodL and daily trading are very confusing for me to choose, so should you choose HodL or choose daily trade?Hold and day trading depends on how the skills are mastered.
Can you recommend choosing between HodL and day trading?
A person can trade and invest together if he wants. If a person has an idea about investing and if he has an idea about trading then he can definitely do two things at the same time but this person will need good financial support at the same time. There is no need to worry much about investments as investments are usually planned for a long time. After investing, the investment should be kept and if there is a plan to increase the investment in the future, an investor can increase his investment, but trading requires a little more planning or thinking than investing. Trading is usually done in a short term plan so a trader has to monitor the market every time and buy coins at the right time and sell them at some profit so always monitor the market. Both are very positive for a person if done well.
Those who want to do trading completely and do it from home and are willing to leave their main job, then that is not the right way, when you already work in an office then you should keep that job, make cryptocurrency a place to store assets in the form of Bitcoin, why only Bitcoins? because Bitcoin has a limited total supply and has the opportunity to gain a lot of profit when the price rises to become very expensive. If you observe the price of Bitcoin from 2017 to this year then I am sure you think the same as me that Bitcoin can be a good investment place
Yeah , bitcoin is always be favourite coin for investment.
Limited supply and most popular than other.
If we bought bitcoin at the past, maybe we will be a rich people now.
Trading is good way to do, if we have skill, good analysis and experience.
We can gain profit everyday by trading.
But don't leave you real job.
For the record, crypto is just another income.
The choice of being a holder or trader is one that has been out there in the crypto space for a long time and I believe it's only the people that have patience that actually meet up with holding up their crypto because they tend to see the bigger picture while for the short term trader's it's a game of high risk and probability so I think am okay with less risk even if it' means I will have to wait a long period.When you have a lot of money, controlling both will be easier, but when the capital you have is very limited, it is better if you just trade. That way, you can take advantage of fast price movements and make a profit every day.
Maybe most of the members or community here in the crypto business don't have much money in the reality of everyone's life here, right? Very few actually hold holdings that do not require trading. And the only ones who can do this are big investors with big companies or many businesses.The choice of being a holder or trader is one that has been out there in the crypto space for a long time and I believe it's only the people that have patience that actually meet up with holding up their crypto because they tend to see the bigger picture while for the short term trader's it's a game of high risk and probability so I think am okay with less risk even if it' means I will have to wait a long period.When you have a lot of money, controlling both will be easier, but when the capital you have is very limited, it is better if you just trade. That way, you can take advantage of fast price movements and make a profit every day.
But for people like me who are ordinary traders, I can't just hold; of course, I will also do trading activities so that somehow I have a source of income to sustain what I have to pay in my daily life. that I have, so those two are important to me.
good advice, I did too. I didn't have a lot money, So I did both. Hold several potential coins and also do daily trading. Because I need daily income in my life. If I have big money I want to add my coins collection, but not for now, I need money to fulfill my needs in my life. Maybe next time.
I have experienced this magic with a capital of $ 500 and can make a profit of around $ 60k++.What the Ghossssttt!
It's amazing but it's not just trading, I bought coins during the private sale and then after listing on Dex it went up by thousands of percent.
-I don't have any skills in reading charts and maybe I would prefer to be a HodLer.
point of main, holding need long time but trading is short time which you can make money everyday from trading.In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
But however in times of Bitcoin holding you don't need much knowledge before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.
-snip-Never got any information from any core team, Just lucky enough to be able to participate in the token sale and get on the whitelist.
I don't have any skills in reading charts and maybe I would prefer to be a HodLer.If you don't have expertise in analysis, or reading charts, don't day trade, it won't bring you any profit because it requires good trading skills.
Moreover, I have a busy job in the real world and it only takes a few hours for me to see the cryptocurrency market and the altcoinstalks forum.
Investing also needs knowledge mate, when the right will we choose to buy bitcoin.
If we don't have knowledge we will do at the wrong time.
It will make us lost. But If we talk trading we needs much knowledge, experience and skill.
Trading is more risky and difficult for newbies
In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.
But however in times of Bitcoin holding you don't need much knowledge before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit. But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.The rise and fall of Bitcoin prices is a good moment to seek profits from Bitcoin, and of course Bitcoin will provide a very high risk but also has the potential to provide a lot of profit. The most important thing is that you have to buy as much Bitcoin as you can, and when the price rises at least 50%, you sell. Use Bitcoin as a place to store money for a very long time.
I personally trade sometimes. But not every day because I have a job that means I can only trade when I get home from work and such. But the trading I do is not to make quick profits like scalping which is often done by day traders. But my trades are usually done only on altcoins that have upcoming news events and have the potential to build good hype. I usually buy it and keep it until the event and then let it go. I keep repeating things like this and I think trading like this is much easier to do and less mentally taxing. But it was the long analysis steps that took me the most time. And patience is required in this matter.Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.
Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit. But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.
Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.
If you don't believe that trading and losing everything within few hours, then you have not really traded Bitcoin. Within an hour, Bitcoin can drop thousands of pips, and traders using leverage and without stop loss can be wiped out with just few spikes.In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.
But however in times of Bitcoin holding you don't need much knowledge before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.
Trading and losing everything within some hours is just something that can't just happen like that unless you get yourself involved in leverage trading. If it's for buying and selling for day trading, you can run into losses, but you can't lose it all in a single interval of hours.
Leverage trading is the only place I have experience. If I place a trade and the trade happens to go against my order and I'm not fast enough to cancel the trade, it can get liquidated depending on how fast the market drops or falls, but day trading gives you one opportunity to recover those lost profits if you don't sell when the price drops and if the traded coin does not also rug pull.
I am sure that it is better to work in a diverse direction. The best results are shown by combinations of a long-term hold strategy and a short-term trading strategy. But in general, investing in cryptocurrency should be approached consciously. A conservative and cautious approach involves studying all available market analysis methods.Holds are the most important to me, if I'm going to hold for a long time and that would be Bitcoin. It is certain that the price of Bitcoin is going up because it is possible to hold Bitcoin and sell it at a profit. But in that case if I join the trade then my eye volume will increase because taking the trade for short days is least risky. Since the Bitcoin market is always up and down, a little mistake in market research will lead to a high chance of losing trades. So long term hold is most important and risk is low, benefit is high that's why all investors are currently filling their wallets for long term hold. As the future awaits Bitcoin Halving.
- I think that all of us here in the crypto industry are doing more than just holding, right? Because, of course, we all have expenses that need to be covered every day of our lives, right? So, for us to keep the bills that we have to pay, we still have to find a way to have another source of income.
And for us to do that if we don't have another job, trading in crypto is the solution if we study or know what to know about trading in the crypto business, and we do it by starting with a small amount of capital first to get a profit on actual trade-in CEX or DEX.
Investing also needs knowledge mate, when the right will we choose to buy bitcoin.
If we don't have knowledge we will do at the wrong time.
It will make us lost. But If we talk trading we needs much knowledge, experience and skill.
Trading is more risky and difficult for newbies
I want to learn binary trading. And want to do this, can I do it in my professional way or will I gain or lose if I do?What is binary trading? Is binary an exchange?
It's good mate, I agree with you trading is not everyday, we can do it if we have free time and the market movement is good.Just adjust our time for trading! It is not a must to do everyday. Some people may trade weekly. Make sure if we trade in free time, we must focus when we are trading. I can't be done together with other activities.
Trading every day at the Cryptocurrency Market does not seem to be my best choice because I have a real job that leaves every day in the morning home in the afternoon.The method you are doing is correct because not all your time is used for trading, it is better to do traditional trading where you only need to buy and after that set a high selling price so that when you cannot see the condition of the coin price on the exchange and the price goes up then you still can make a profit because you have opened a sell order at a high price.
Not to mention I have a baby who is not even 2 years and it must be monitored full 1x24 hours after I go home to work real.
Maybe I prefer hodl because with hodl I can relax and not always focus on the market.
If I was given 1 bitcoin and then told to trade, I would definitely choose a good coin like Ethereum and sold later (Hodl Tricks) after 100% profit.
Trading every day at the Cryptocurrency Market does not seem to be my best choice because I have a real job that leaves every day in the morning home in the afternoon.The method you are doing is correct because not all your time is used for trading, it is better to do traditional trading where you only need to buy and after that set a high selling price so that when you cannot see the condition of the coin price on the exchange and the price goes up then you still can make a profit because you have opened a sell order at a high price.
Not to mention I have a baby who is not even 2 years and it must be monitored full 1x24 hours after I go home to work real.
Maybe I prefer hodl because with hodl I can relax and not always focus on the market.
If I was given 1 bitcoin and then told to trade, I would definitely choose a good coin like Ethereum and sold later (Hodl Tricks) after 100% profit.
Trading every day at the Cryptocurrency Market does not seem to be my best choice because I have a real job that leaves every day in the morning home in the afternoon.
Not to mention I have a baby who is not even 2 years and it must be monitored full 1x24 hours after I go home to work real.
Maybe I prefer hodl because with hodl I can relax and not always focus on the market.
If I was given 1 bitcoin and then told to trade, I would definitely choose a good coin like Ethereum and sold later (Hodl Tricks) after 100% profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
The possibility of making profit and losing too are almost the in trading, going by what trading entails I think one need an advanced knowledge in trading before he or she can be become conversant with the trading strategy, you don't go into trading just like that because if you do, you are going to lose everyday, while if you decide to hold, the knowledge required is just basic not much, you just have to know how to keep keep your crypto secured in a wallet and hold for as long as you like without losing them. No matter how we see it, hidling is the best option for crypto enthusiast.
Trading every day at the Cryptocurrency Market does not seem to be my best choice because I have a real job that leaves every day in the morning home in the afternoon.Yes you are definitely right and make a valid point. If we are trading for daily purpose then we have to monitor the market enough and we have to sit in front of the monitor almost all the time due to which sometimes the matter may be annoying to the family people. In trading, you need to sit in front of the monitor for a long time to observe charts and candles, but in the case of holding, there is no such problem because in the case of holding, you only invest and can hold it for a long time, in this case, you do not need to monitor the market much. But since I have enough time I try to take some trades every day besides holding. Maybe sometimes the trade goes against me but I wait and sell when there is some profit.
Not to mention I have a baby who is not even 2 years and it must be monitored full 1x24 hours after I go home to work real.
Maybe I prefer hodl because with hodl I can relax and not always focus on the market.
If I was given 1 bitcoin and then told to trade, I would definitely choose a good coin like Ethereum and sold later (Hodl Tricks) after 100% profit.
In trading, you need to sit in front of the monitor for a long time to observe charts and candles, but in the case of holding, there is no such problem because in the case of holding, you only invest and can hold it for a long time, in this case, you do not need to monitor the market much. But since I have enough time I try to take some trades every day besides holding. Maybe sometimes the trade goes against me but I wait and sell when there is some profit.
You're righte ,trading needs more time to do, we have to monitor the market. If we don't have time , better to be a holder. I'm not a trader, but just a holder. but In weekend when I'm free I did trading. I want to a professional trader, but don't have time to learn it.
Of course, we can trade and hold at the same time, but that requires more capital. Not only do we need to allocate money for long-term holding, we also need money to allocate for trading.
You're righte ,trading needs more time to do, we have to monitor the market. If we don't have time , better to be a holder. I'm not a trader, but just a holder. but In weekend when I'm free I did trading. I want to a professional trader, but don't have time to learn it.
I think we can do trading and holding at the same time. But need focus to learn market, chart etc. Yeah It needs time , bit if you're really busy at real life better just a holder. Holder just do research , buy and hold.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I think we can do trading and holding at the same time. But need focus to learn market, chart etc. Yeah It needs time , bit if you're really busy at real life better just a holder. Holder just do research , buy and hold.
Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.
It's good mate, I agree with you trading is not everyday, we can do it if we have free time and the market movement is good.
Traiding needs good experience and emotional control. Because It's not easy to say, we should did it for along years.
Market is open 24/7 on which this isnt something that like on Forex/stocks on which there's an opening and closing. So when it comes on applying some strategies then i dont see for it to be
Trading doesn't have to be done every day, but what you need to pay attention to is that when trading, you have to be able to control your emotions and, as far as possible, not be influenced by price movements on the exchange. Long-term trading in clear coins such as Bitcoin and Ethereum is an important consideration to make a profit with peace of mind.
It's good mate, I agree with you trading is not everyday, we can do it if we have free time and the market movement is good.
Traiding needs good experience and emotional control. Because It's not easy to say, we should did it for along years.
Trading at any time does not dictate to traders. As long as we want to do trading activity, we can do it. Let's just do it with deep knowledge, and don't do it with a lack of knowledge or idea in this matter.
So as traders, we also need to know whether we are long-term or short-term traders, although we can do this at the same time depending on the capability that we also have.
It is definitely possible to become a good quality trader in addition to holding if you have enough interest. Time is not a big issue, apart from sleep, work, sports, you must have 2 to 3 hours of free time in 24 hours and you have to use these two to three hours. If we can practice normally for two to three hours a day and do it consistently then we can definitely gain enough knowledge about trading. When we can gain enough understanding about trading, we can spend the time we used to learn and trade, so that we can think of ourselves as a successful investor as well as a successful trader. We need willpower and good planning, if we have these two in us then all kinds of work is possible for us.
In trading, you need to sit in front of the monitor for a long time to observe charts and candles, but in the case of holding, there is no such problem because in the case of holding, you only invest and can hold it for a long time, in this case, you do not need to monitor the market much. But since I have enough time I try to take some trades every day besides holding. Maybe sometimes the trade goes against me but I wait and sell when there is some profit.
You're righte ,trading needs more time to do, we have to monitor the market. If we don't have time , better to be a holder. I'm not a trader, but just a holder. but In weekend when I'm free I did trading. I want to a professional trader, but don't have time to learn it.
we can practice normally for two to three hours a day and do it consistently then we can definitely gain enough knowledge about trading. When we can gain enough understanding about trading, we can spend the time we used to learn and trade, so that we can think of ourselves as a successful investor as well as a successful trader. We need willpower and good planning, if we have these two in us then all kinds of work is possible for us
we can practice normally for two to three hours a day and do it consistently then we can definitely gain enough knowledge about trading. When we can gain enough understanding about trading, we can spend the time we used to learn and trade, so that we can think of ourselves as a successful investor as well as a successful trader. We need willpower and good planning, if we have these two in us then all kinds of work is possible for us
Good advice to train us in trading, to gain sufficient knowledge. By learning to look at the market 2-3 hours per day, unfortunately I don't have much time because I'm busy in the real world. This is my reason why I focus more on holding.
Learning to become an expert and professional takes time, by trying to learn 2-3 per day we will be able to become a professional trader in the next 3 years. Because becoming a reliable trader is not easy, it takes experience and a long time to learn.What do you mean by learning 2-3 per day? I don't think it must be 2-3 per day. ;D
Learning to become an expert and professional takes time, by trying to learn 2-3 per day we will be able to become a professional trader in the next 3 years. Because becoming a reliable trader is not easy, it takes experience and a long time to learn.What do you mean by learning 2-3 per day? I don't think it must be 2-3 per day. ;D
Everyone has their own way in learning, there is no exact way in learning. Sure, we must learn everyday to get maximum results. However, to be a professional trader, it must take for months or years. It can be few months, or few years. There is no exact time to be a professional traders/investors.
I don't have many time to learn trading mate, So I just talk about what I can do in crypto world. Trading needs along time to do, learn and always focus monitor the market.Yeah learning to trade will be more fun when you do it directly, meaning you have to read and be careful about every action you choose, and as much as possible, only make trades that only buy coins and wait until the price rises to sell and withdraw profits when the price has risen.
it's the reason why I prefer in hold than trade, I'm really busy in my live.
Yeah learning to trade will be more fun when you do it directly, meaning you have to read and be careful about every action you choose, and as much as possible, only make trades that only buy coins and wait until the price rises to sell and withdraw profits when the price has risen.
Learning to become an expert and professional takes time, by trying to learn 2-3 per day we will be able to become a professional trader in the next 3 years. Because becoming a reliable trader is not easy, it takes experience and a long time to learn.What do you mean by learning 2-3 per day? I don't think it must be 2-3 per day. ;D
Everyone has their own way in learning, there is no exact way in learning. Sure, we must learn everyday to get maximum results. However, to be a professional trader, it must take for months or years. It can be few months, or few years. There is no exact time to be a professional traders/investors.
I don't have many time to learn trading mate, So I just talk about what I can do in crypto world. Trading needs along time to do, learn and always focus monitor the market.
it's the reason why I prefer in hold than trade, I'm really busy in my live.
@doc thinks that trading is easy and with 2-3hrs daily, you can learn and become a professional trader, this is wrong trading is time consuming, and learning it take a very long time, because trading is complex. A lot of traders don't give leaning of trading sufficient time, and this is why they run at loss. I will prefer to be a hodler, because you will have time for other businesses in the real world. Hodling bitcoin is stress free, and easy, with good profit at the long run.
we can practice normally for two to three hours a day and do it consistently then we can definitely gain enough knowledge about trading. When we can gain enough understanding about trading, we can spend the time we used to learn and trade, so that we can think of ourselves as a successful investor as well as a successful trader. We need willpower and good planning, if we have these two in us then all kinds of work is possible for us
Good advice to train us in trading, to gain sufficient knowledge. By learning to look at the market 2-3 hours per day, unfortunately I don't have much time because I'm busy in the real world. This is my reason why I focus more on holding.
Learning to become an expert and professional takes time, by trying to learn 2-3 hours per day we will be able to become a professional trader in the next 3 years. Because becoming a professional trader is not easy, it takes experience and a long time to learn.
Learning to become an expert and professional takes time, by trying to learn 2-3 per day we will be able to become a professional trader in the next 3 years. Because becoming a reliable trader is not easy, it takes experience and a long time to learn.What do you mean by learning 2-3 per day? I don't think it must be 2-3 per day. ;D
Everyone has their own way in learning, there is no exact way in learning. Sure, we must learn everyday to get maximum results. However, to be a professional trader, it must take for months or years. It can be few months, or few years. There is no exact time to be a professional traders/investors.
I don't have many time to learn trading mate, So I just talk about what I can do in crypto world. Trading needs along time to do, learn and always focus monitor the market.
it's the reason why I prefer in hold than trade, I'm really busy in my live.
It's true, sometimes things can seem hard to learn, but you know, it's never too late to learn, if you want to learn trading, do it, even if it's slow, I've seen that as long as our brain is active, because we have to do that kind of thing. things, I don't know but there are times when we don't take advantage of our power, I want to learn like 4 languages and I'm going to achieve that, to learn trading I did it in 1 week, but that was intensive, in 1 week what I did was read 10 books, and among those I read a lot about Wyckoff, Livermore and I learned about investments by reading authors like Warren Buffet, I even read books by Trump and Kiyosakii, as well as Elliot waves and how they can be applied.
I did that because my friends knew a lot about it, even the friends who helped me a lot to pass the subjects and it was not possible that I had stayed so long, when I saw, they had been very lucky and did not know that much, but it is never late.
Luckily you have friends who want to help you learn trading, because some of the friends I asked when I first learned trading just said "don't doing ... that is too risky" and didn't give any advice at all. Maybe he wasn't a friend who wanted his friends to be able to, because he himself was a trader and only told about his profits. Finally I taught myself slowly and tried to join trader groups to get knowledge from friends others..
Yeah learning to trade will be more fun when you do it directly, meaning you have to read and be careful about every action you choose, and as much as possible, only make trades that only buy coins and wait until the price rises to sell and withdraw profits when the price has risen.
We have to try both until we are convinced to focus more on hold or trader. because being a trader also requires time to learn and gain experience. Personally, I'm more suited to Hold. If it's a simple trader like you said, just buy and set a sell target, maybe I can do it, but not as a professional trader.
You are right, I also have various friends. There are those who want to help, there are also those who are stingy in sharing knowledge about trading.Those who want to help will be more useful knowledge because it helps others to be able to understand about trading.
I do both hold and trade, because for me any good way to make money I will do
If we are trading, it requires much of time because we will consistently be having focus on speculating on the market price performance each time and we can see to this that its somewhat time consuming, not like when we are holding for long, we will likely have enough time for other things and we may not have to be too focused as we do on short time trading since we are holding for long.We don't need to trade the whole day. We even don't need to trade daily. Just adjust the time for trading, it is not a must to be a day trader. If we don't have enough time, we even can trade weekly. Sure, it requires time for analyzing the price charts and market trends. We also need to analyze the fundamentals of the coins we want to trade. If we have limited time, just do it once a week. There are people who only trade in weekends.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Lets admit the reality that Trading is not for everyone mate so many will choose to HODL (not unless the poster is shilling then they may claim to be trader) but for me personally I am either short term Holding or LONG TERM.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Lets admit the reality that Trading is not for everyone mate so many will choose to HODL (not unless the poster is shilling then they may claim to be trader) but for me personally I am either short term Holding or LONG TERM.
this is how I have earned from some time now because I have other things in life so maybe its enough for me to keep this for then.
Good for me? Of course hold. I'm very stupid at doing daily analysis, and the accuracy I get can be a whopping 60%. Meanwhile, if I hold for a long time on a coin that has good prospects, I have a 100% win rate, because I will definitely be lucky. Especially BTC which will soon experience halving.
Owning BTC and holding it for a long time, gave me quite significant profits. I started to accumulate BTC since the price was $31k and it continues to this day. Therefore, my BTC assets are now growing because the average price I accumulated is still below $45k.
Am a strong fan of HoDLing BTC for now because I still haven't found the right way to learn trading and with not so much capital to spare because of the cost of living and poor wages, it is the only option to stay invested in the future and ensure that the world doesn't overtake me with innovations technology in this aspect of cryptocurrency.Good for me? Of course hold. I'm very stupid at doing daily analysis, and the accuracy I get can be a whopping 60%. Meanwhile, if I hold for a long time on a coin that has good prospects, I have a 100% win rate, because I will definitely be lucky. Especially BTC which will soon experience halving.
Owning BTC and holding it for a long time, gave me quite significant profits. I started to accumulate BTC since the price was $31k and it continues to this day. Therefore, my BTC assets are now growing because the average price I accumulated is still below $45k.
Having good analysis and an accuracy of close to 90% is the main asset in becoming a professional trader, but I am the same as you, the accuracy level of my analysis is only 60%. So I chose to become a holder. Only buy when bearish and hold until bullish then sell. Bitcoin is my priority coin to hold.
Well, to become a trader, you need mature insight and analytical skills. Without that, we are better off being people who buy and hold and sell when we make a profit. I personally also avoid day trading. But I prefer to buy and hold a coin only when there is big news that could make the coin have good upside potential. And I started accumulating and started selling when the event occurred. And of course for BTC long term investment is the best. Accumulate BTC consistently using the DCA method and we will smile broadly when bullishness reaches its peak, namely when BTC makes a new ATH. :DGood for me? Of course hold. I'm very stupid at doing daily analysis, and the accuracy I get can be a whopping 60%. Meanwhile, if I hold for a long time on a coin that has good prospects, I have a 100% win rate, because I will definitely be lucky. Especially BTC which will soon experience halving.
Owning BTC and holding it for a long time, gave me quite significant profits. I started to accumulate BTC since the price was $31k and it continues to this day. Therefore, my BTC assets are now growing because the average price I accumulated is still below $45k.
Having good analysis and an accuracy of close to 90% is the main asset in becoming a professional trader, but I am the same as you, the accuracy level of my analysis is only 60%. So I chose to become a holder. Only buy when bearish and hold until bullish then sell. Bitcoin is my priority coin to hold.
Well, to become a trader, you need mature insight and analytical skills. Without that, we are better off being people who buy and hold and sell when we make a profit. I personally also avoid day trading. But I prefer to buy and hold a coin only when there is big news that could make the coin have good upside potential. And I started accumulating and started selling when the event occurred. And of course for BTC long term investment is the best. Accumulate BTC consistently using the DCA method and we will smile broadly when bullishness reaches its peak, namely when BTC makes a new ATH. :D
Holding back is one of the best ways for us. Besides the risk is very low it also makes us more comfortable, especially if we hold bitcoin, I think this is the most comfortable investment.Good for me? Of course hold. I'm very stupid at doing daily analysis, and the accuracy I get can be a whopping 60%. Meanwhile, if I hold for a long time on a coin that has good prospects, I have a 100% win rate, because I will definitely be lucky. Especially BTC which will soon experience halving.
Owning BTC and holding it for a long time, gave me quite significant profits. I started to accumulate BTC since the price was $31k and it continues to this day. Therefore, my BTC assets are now growing because the average price I accumulated is still below $45k.
Having good analysis and an accuracy of close to 90% is the main asset in becoming a professional trader, but I am the same as you, the accuracy level of my analysis is only 60%. So I chose to become a holder. Only buy when bearish and hold until bullish then sell. Bitcoin is my priority coin to hold.
Lets admit the reality that Trading is not for everyone mate so many will choose to HODL (not unless the poster is shilling then they may claim to be trader) but for me personally I am either short term Holding or LONG TERM.Indeed, it cannot be denied that trading is not suitable for everyone. This is not an understatement but rather a fact that actually happened. And this is also related to our readiness in trading, not only financial readiness but also mental, resilience and emotional management, knowledge in trading and others. So don't just rely on luck. '
this is how I have earned from some time now because I have other things in life so maybe its enough for me to keep this for then.
Well you explained the stages correctly. Because to become a trader we also need experience in recognizing the movements and cycles that occur in a market. Especially in the crypto market which is actually much more difficult to analyze. It's just that because the crypto market is an increasingly complex market, now analyzing the crypto market is almost the same as the stock market. Because economic events also influence or have an impact on the crypto market. And if a beginner has started to understand this then those who learn while holding a few coins for a certain period of time, maybe they will eventually have insight and understanding and can start to get involved in trading.Well, to become a trader, you need mature insight and analytical skills. Without that, we are better off being people who buy and hold and sell when we make a profit. I personally also avoid day trading. But I prefer to buy and hold a coin only when there is big news that could make the coin have good upside potential. And I started accumulating and started selling when the event occurred. And of course for BTC long term investment is the best. Accumulate BTC consistently using the DCA method and we will smile broadly when bullishness reaches its peak, namely when BTC makes a new ATH. :D
Buying and holding in general is a good practice for those who lack knowledge about trading and the market as a whole because when you don't know much, you shouldn't experiment with your hard-earned money because trading or day trading is risky and one can't get profit from it if they can't maange the risks involved. This is why, for new investors, it's best that they stick to the buy and hold strategy initially.
As the time passes, they will become more knowledgeable and mature about the market, they will learn the ways of the market and how it moves, and that is when they can venture into day trading as well and do both short term and long-term trading after that.
Both are actually good but I think I would go with holding. When it comes to holding expecially fit for new users, you don't need much knowledge to start your investment in bitcoin or other top altcoins. All just need is the basic knowledge and ones you start your holding you can then start learning how to make your holding more effective and smooth. While when it comes to trading solid knowledge is required because one can not just start trading with less understanding about it. The users endup making huge losses than profitsYou could actually do both but if you are someone who cant be able to bare up with the risks involved with active trade then it would be your choice to make some holding
point of main, holding need long time but trading is short time which you can make money everyday from trading.Choosing between holding and trading cryptocurrencies depends on your financial goals, risk tolerance, and market knowledge. Holding is a long-term strategy that requires patience and it will take some time to access those funds. On the other hand, active trading can help you make profits daily, due to its immediate returns. It demands alot of skill, experience, and a deep understanding of market trends to navigate successfully. So for a beginner if you want to do active trading, I recommend you proceed with caution. I have been using my own crypto trading bot in conjunction with my on insight before executing any trades and that's been working for me
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
One of the main reasons on why people doesnt really like on trying out to get engage with trading is that they cant really be able ot bare up with the risks when it comes to technicality and application with those things which you would really be needing to consider first before you would be telling to yourself on what are the things that you would really be gonna be avoiding andpoint of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I don't do trading there's a lot of complication attached to it, you need to spend time and monitor charts for coins to trade for you to yield profit, I prefer the much easier way and that is through investing in the right coin, and just HODL its more preferable because there are a lot of news and updates on the every coin that you're investing you just need to get yourself update if the coins you're investing is good and if progress and development is continuing, but only invest in the top coins in the market avoid coins/tokens that thrives on shill and false marketing.
It cannot be denied that these reasons are factors why many people do not trade and we could even say, we always advise beginners not to immediately try trading if they are not really ready. Because trading is really complex/ It's not just about buying and then selling again, because if you make a wrong calculation you will end up losing. This is different from investment where if the coin we are investing in is one that really has potential, then we just have to buy it and wait until it reaches a certain rate.I don't do trading there's a lot of complication attached to it, you need to spend time and monitor charts for coins to trade for you to yield profit, I prefer the much easier way and that is through investing in the right coin, and just HODL its more preferable because there are a lot of news and updates on the every coin that you're investing you just need to get yourself update if the coins you're investing is good and if progress and development is continuing, but only invest in the top coins in the market avoid coins/tokens that thrives on shill and false marketing.One of the main reasons on why people doesnt really like on trying out to get engage with trading is that they cant really be able ot bare up with the risks when it comes to technicality and application with those things which you would really be needing to consider first before you would be telling to yourself on what are the things that you would really be gonna be avoiding and
what are the things that you would really gonna tend to deal up with. IF you do find out that trading is really just that complicated for you then its normal that you would really tend to skip out
on doing it but if you are someone who do really loves on risks taking then you would really be having such consideration.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I don't do trading there's a lot of complication attached to it, you need to spend time and monitor charts for coins to trade for you to yield profit, I prefer the much easier way and that is through investing in the right coin, and just HODL its more preferable because there are a lot of news and updates on the every coin that you're investing you just need to get yourself update if the coins you're investing is good and if progress and development is continuing, but only invest in the top coins in the market avoid coins/tokens that thrives on shill and false marketing.
One of the main reasons on why people doesnt really like on trying out to get engage with trading is that they cant really be able ot bare up with the risks when it comes to technicality and application with those things which you would really be needing to consider first before you would be telling to yourself on what are the things that you would really be gonna be avoiding and
what are the things that you would really gonna tend to deal up with. IF you do find out that trading is really just that complicated for you then its normal that you would really tend to skip out
on doing it but if you are someone who do really loves on risks taking then you would really be having such consideration.
Maybe based on some studies being done, it is more profitable just to hold than to get into trading. If you are a holder and a trader at the same time, that's better. But if you want to choose only one thing to do then holding is the best option. You don't have to get involved mostly with trading at all times and all you have to do is to buy when you are seeing the entry times when the market isn't doing any good. But after that, it is for sure that the time of holding is worth it but it varies to what you hold and I am mostly talking about holding Bitcoin.
Maybe based on some studies being done, it is more profitable just to hold than to get into trading. If you are a holder and a trader at the same time, that's better. But if you want to choose only one thing to do then holding is the best option. You don't have to get involved mostly with trading at all times and all you have to do is to buy when you are seeing the entry times when the market isn't doing any good. But after that, it is for sure that the time of holding is worth it but it varies to what you hold and I am mostly talking about holding Bitcoin.It is up to an investor or a trader to choose which one to take. If the person is skilled enough and has a proper understanding of investment holding and trading then the person can definitely hold his investment as he trades. You have to ask yourself whether he is right in holding the investment or how right he is in trading. We all know that trading is very difficult and if we don't trade with the right idea about the business we can lose money in case we must have a definite plan before taking a trading decision. I almost say that holding is always profitable and the more we hold, the more likely we are to make a profit. Holding is safe as well as holding is more likely to be profitable so I would not consider the trade as a disadvantage at all but if done correctly it is very profitable.
[daIt is up to an investor or a trader to choose which one to take. If the person is skilled enough and has a proper understanding of investment holding and trading then the person can definitely hold his investment as he trades. You have to ask yourself whether he is right in holding the investment or howdfdifficult and if we don't trade with the right idea about the business we can lose money in case we must have a definite plan before taking a trading decision. I almost say that holding is always profitable and the more we hold, the more likely we are to make a profit. Holding is safe as well as holding is more likely to be profitable so I would not consider the trade as a disadvantage at all but if done correctly it is very profitable.
Maybe based on some studies being done, it is more profitable just to hold than to get into trading. If you are a holder and a trader at the same time, that's better. But if you want to choose only one thing to do then holding is the best option. You don't have to get involved mostly with trading at all times and all you have to do is to buy when you are seeing the entry times when the market isn't doing any good. But after that, it is for sure that the time of holding is worth it but it varies to what you hold and I am mostly talking about holding Bitcoin.
Stick on things which you do see that it is really something that would really be worth to stick on it and its true that we do have our own priorities in life on which we cant really be able to
One of the main reasons on why people doesnt really like on trying out to get engage with trading is that they cant really be able ot bare up with the risks when it comes to technicality and application with those things which you would really be needing to consider first before you would be telling to yourself on what are the things that you would really be gonna be avoiding and
what are the things that you would really gonna tend to deal up with. IF you do find out that trading is really just that complicated for you then its normal that you would really tend to skip out
on doing it but if you are someone who do really loves on risks taking then you would really be having such consideration.
I don't have much time to be a trader, so my consideration is why not become a trader because I don't have the time. I only trade between breaks. I focus more on real world work, because this is for my living needs. Trading is very complicated, as you say. but we can still learn it if we have the time and focus.
Its not actually complicated, it is really just that depending on the time that you could really be able to put into it.Irrespective of everything we do at least we should try to be dedicated if there are other things i don't know about trading but time and dedication matters because trading is not an easily going thing were you just come and make profit while you leave to another thing. You must spend quality time to read and understand what it takes to do trading before one could start seeing money and this depends on how much also started as well.
[daIt is up to an investor or a trader to choose which one to take. If the person is skilled enough and has a proper understanding of investment holding and trading then the person can definitely hold his investment as he trades. You have to ask yourself whether he is right in holding the investment or howdfdifficult and if we don't trade with the right idea about the business we can lose money in case we must have a definite plan before taking a trading decision. I almost say that holding is always profitable and the more we hold, the more likely we are to make a profit. Holding is safe as well as holding is more likely to be profitable so I would not consider the trade as a disadvantage at all but if done correctly it is very profitable.
Maybe based on some studies being done, it is more profitable just to hold than to get into trading. If you are a holder and a trader at the same time, that's better. But if you want to choose only one thing to do then holding is the best option. You don't have to get involved mostly with trading at all times and all you have to do is to buy when you are seeing the entry times when the market isn't doing any good. But after that, it is for sure that the time of holding is worth it but it varies to what you hold and I am mostly talking about holding Bitcoin.
Simply put, I prefer Hold, because if I hold Bitcoin for a long period of time, I will surely get more benefit from it. Generally trading requires taking more risks and always researching the market. So the trade is to buy at a low price and sell at a high price, so if you want to buy at a low price, you should buy when the market is a little down. In this way, you should always prepare yourself for trading by researching the market, but if it is a little too much, you will have to face losses. In that case holding is very low risk only by buying bitcoins through market research and holding them for a long time the benefit will be gained. So anyone would prefer holding as I myself have been holding Bitcoin for a long time.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.As my acknowledgment what I observed that is I have never faced loss by long term holding, but while doing short term trading I have faced loss and it is not only once but many times. So in my case I think long term holding is the best way to trade. Because I don't really know technical analysis and technical analysis information is important for short term trading so short term trading will not be done by me. I think long term holding is much better than taking losses. And of course the invested coin must be Bitcoin.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.As my acknowledgment what I observed that is I have never faced loss by long term holding, but while doing short term trading I have faced loss and it is not only once but many times. So in my case I think long term holding is the best way to trade. Because I don't really know technical analysis and technical analysis information is important for short term trading so short term trading will not be done by me. I think long term holding is much better than taking losses. And of course the invested coin must be Bitcoin.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I agree with you, long term is the safest. If we have good technical analysis skills, we can do short-term trading, especially. Some people choose to be a holder because they don't have the experience and knowledge of being a trader.I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.
I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.Yes, you are right that short-term trading does have very scary risks, but if the conditions on the exchange are busy like what happened a few days ago then you can do daily trading. Altcoins a few days ago had a lot of very good price movements and could provide a lot of profit. when you can participate well in Shiba, Pepe and others.
Investing is easier than trading but investment is harder to hold for long term than trading. If an investor wants to hold his investment for the long term, he must take tough challenges and then hold his investment. After investing for a long time, many times when there is a big change in the market, he will feel that he should not sell the investment at this time or he will face a big loss. When such thoughts work in his mind then he will not be able to hold his investment for long but at that time he will sell his investment. But this is not the case for all, there are many who can hold their investments for a long time and many can achieve success by holding their investments for a long time. Those who have enough patience should invest for long term purpose whereas those who have patience as well as enough knowledge about the market and who have enough time can trade.[daIt is up to an investor or a trader to choose which one to take. If the person is skilled enough and has a proper understanding of investment holding and trading then the person can definitely hold his investment as he trades. You have to ask yourself whether he is right in holding the investment or howdfdifficult and if we don't trade with the right idea about the business we can lose money in case we must have a definite plan before taking a trading decision. I almost say that holding is always profitable and the more we hold, the more likely we are to make a profit. Holding is safe as well as holding is more likely to be profitable so I would not consider the trade as a disadvantage at all but if done correctly it is very profitable.
Maybe based on some studies being done, it is more profitable just to hold than to get into trading. If you are a holder and a trader at the same time, that's better. But if you want to choose only one thing to do then holding is the best option. You don't have to get involved mostly with trading at all times and all you have to do is to buy when you are seeing the entry times when the market isn't doing any good. But after that, it is for sure that the time of holding is worth it but it varies to what you hold and I am mostly talking about holding Bitcoin.
Yes, you are right that short-term trading does have very scary risks, but if the conditions on the exchange are busy like what happened a few days ago then you can do daily trading. Altcoins a few days ago had a lot of very good price movements and could provide a lot of profit. when you can participate well in Shiba, Pepe and others.As you said, short-term trading has very high risks and entering meme coins such as Shiba and Pepe does not provide a guarantee of profit, even though both of them are currently collapsing very deeply. It's better to keep trading in clear coins like Bitcoin, which in my opinion is still safe and can be used for short-term and long-term trading.
I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.Why it is very dangerous? When you trade shortly, it means you don't need to set a too high target. Moreover, if we choose daily trade, we mostly only take small profits. With that target, I think it will be quite safe, should be safer than long term. Sure, there will be always risks, no trading is 100% safe. That's why we must use a proper strategy in our trading.
Short or day trades arent really that dangerous but rather it is more risky of course on which its understandable yet positioning would really be entirely different than on making some entry pointsI think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.Why it is very dangerous? When you trade shortly, it means you don't need to set a too high target. Moreover, if we choose daily trade, we mostly only take small profits. With that target, I think it will be quite safe, should be safer than long term. Sure, there will be always risks, no trading is 100% safe. That's why we must use a proper strategy in our trading.
I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.Why it is very dangerous? When you trade shortly, it means you don't need to set a too high target. Moreover, if we choose daily trade, we mostly only take small profits. With that target, I think it will be quite safe, should be safer than long term. Sure, there will be always risks, no trading is 100% safe. That's why we must use a proper strategy in our trading.
I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.Why it is very dangerous? When you trade shortly, it means you don't need to set a too high target. Moreover, if we choose daily trade, we mostly only take small profits. With that target, I think it will be quite safe, should be safer than long term. Sure, there will be always risks, no trading is 100% safe. That's why we must use a proper strategy in our trading.
Everyone has a strategy for trading and investing in cryptocurrencies. In fact, it is safest in the long term if you buy at the bottom or bearish season and hold until the bullish season. For daily trading it is also good, but we can only get a small profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.holding and trading are two different ways to earn in cryptocurrencies, trading is mostly short period of time while holding is for longer period of time, there are different types of trading e.g day trading etc. When trading there safety precautions you need to partake before and after place a trade. Thereby using some indicators etc. While holding depends on research, uniqueness, potentials and user cases.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Both holding and trading are very important in making profit. You will get profit from both but the amount of nature will be different in both cases. Holding is a long term plan here you don't get daily profit but after a certain period of time if there is a good bull market in the market then if you can sell your holding coins in that bull market then you get a good profit.Be likely. But when you are trading you don't have to take long term plan in holding rather you can enter a certain market every day and earn a certain amount by Buy/Sell every day. However, the profit is more in the case of long-term holding than daily trading, but in this case it takes more time, so people give more importance to trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Both holding and trading are very important in making profit. You will get profit from both but the amount of nature will be different in both cases. Holding is a long term plan here you don't get daily profit but after a certain period of time if there is a good bull market in the market then if you can sell your holding coins in that bull market then you get a good profit.Be likely. But when you are trading you don't have to take long term plan in holding rather you can enter a certain market every day and earn a certain amount by Buy/Sell every day. However, the profit is more in the case of long-term holding than daily trading, but in this case it takes more time, so people give more importance to trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I agree with you, long term is the safest. If we have good technical analysis skills, we can do short-term trading, especially. Some people choose to be a holder because they don't have the experience and knowledge of being a trader.I think short-term trading has a very dangerous risk when the price collapses suddenly, it will make you trapped at a high price and of course short-term trading will waste your opportunity to buy coins at a cheap price because it will only follow the last movement of that coin. So, despite the risks involved, I think long-term trading is still the best.
As I observed, I agree with you that holding for the long term has bigger profits than daily trading, but maybe if we use large capital for daily trading we can get big profits too. but this is not easy, because we need a lot of time to always unite the market, analyze it and that requires a long experience.The large capital that you use for daily trading will provide a very high risk and it is not certain that the movements you choose will produce results every day because price movement conditions on exchanges are not easy to predict. To be honest, I have experienced that when using capital. a lot and doing daily trading makes all my assets stuck at high prices.
Everyone has a strategy for trading and investing in cryptocurrencies. In fact, it is safest in the long term if you buy at the bottom or bearish season and hold until the bullish season. For daily trading it is also good, but we can only get a small profit.It is a must, no one has no strategy in trading or investing. However, it can be varied, each person may use a different strategy. There is a person who like to trade daily, but there are other people who prefer for weekly trading. Actually it is not bad as long as it fits with our trade style. What is not good if we follow the strategy of other people but it is not suitable with our trading style.
As I observed, I agree with you that holding for the long term has bigger profits than daily trading, but maybe if we use large capital for daily trading we can get big profits too. but this is not easy, because we need a lot of time to always unite the market, analyze it and that requires a long experience.The large capital that you use for daily trading will provide a very high risk and it is not certain that the movements you choose will produce results every day because price movement conditions on exchanges are not easy to predict. To be honest, I have experienced that when using capital. a lot and doing daily trading makes all my assets stuck at high prices.
It is best to carry out the analysis carefully and with a clear mind. because as you said, crypto is unpredictable and always fluctuating. Choose potential coins, my advice is to use top coins which are safer than new coins.Coin analysis is not easy, unless you have relationships with big investors or whales who have very high levels of capital so you will know how price movements will occur, because sometimes the analysis you do can be broken by the conditions of the exchange that is being controlled. by those who have a lot of money.
Market analysis is never an easy task, market analysis is always difficult and market analysis correctly is even more difficult. Trading requires adequate amount of market analysis and if we fail to analyze the market properly then we can face financial losses so trading is not as easy as we think. If we have knowledge about trading and if we can do market analysis then trading is fine for us. But usually there is not so much trouble in the case of investment, in case of investment an investor does not need to do so much analysis about the market. So those who have less knowledge about the market and those who cannot analyze the market well can invest if they want.It is best to carry out the analysis carefully and with a clear mind. because as you said, crypto is unpredictable and always fluctuating. Choose potential coins, my advice is to use top coins which are safer than new coins.Coin analysis is not easy, unless you have relationships with big investors or whales who have very high levels of capital so you will know how price movements will occur, because sometimes the analysis you do can be broken by the conditions of the exchange that is being controlled. by those who have a lot of money.
Market analysis is never an easy task, market analysis is always difficult and market analysis correctly is even more difficult. Trading requires adequate amount of market analysis and if we fail to analyze the market properly then we can face financial losses so trading is not as easy as we think. If we have knowledge about trading and if we can do market analysis then trading is fine for us. But usually there is not so much trouble in the case of investment, in case of investment an investor does not need to do so much analysis about the market. So those who have less knowledge about the market and those who cannot analyze the market well can invest if they want.
It requires sufficient experience and knowledge to be able to carry out market analysis well. It also takes a long time to hone our skills. My analysis is not very accurate in the short term, so I choose to hold for the long term.Long-term trading is the right choice to make a profit, even if you don't see price movements on the exchange, you can still make a profit. At least this way the profit you get is maximized rather than having to do daily trading which requires time to see the price of coins on the market.
It requires sufficient experience and knowledge to be able to carry out market analysis well. It also takes a long time to hone our skills. My analysis is not very accurate in the short term, so I choose to hold for the long term.Of course, you can't analyze the market if you have lack of knowledge. It is very recommended for everyone to have a serious learning when they are new people in this crypto industry. Learning is the only way to make the people be more secure in trading crypto. Trading will be very risky if we have no knowledge. True, it is because we can't analyze the market at all.
Of course, you can't analyze the market if you have lack of knowledge. It is very recommended for everyone to have a serious learning when they are new people in this crypto industry. Learning is the only way to make the people be more secure in trading crypto. Trading will be very risky if we have no knowledge. True, it is because we can't analyze the market at all.I recently studying trading and play trading simulator for short term trading you should have knowledge on reading candle sticks bullish and bearish patterns to know where to entry not only candle stick gives you signals also indicators help you to analyze whats next price movement. It is just for a short term but for long term analysis it require fundamental and technical analysis which is not easy to do for newbies that's why they end up investing and holding coins for the long term.
If you have not accurate analysis, it is no problem as long as you hold top coins. It is very risky if you hold shitcoins.
Im trading the time frame is not long like thatvof holding
. Holding crypto assets for a very long time is something that can be very difficult, considering the state of the economy is and the human need for money is always insatiable.
But benefits of holding is that when you hold your assets, you know you have savings somewhere for future use.
But for me I will prefer trading, because it does not require much time like that of holding for you to make earns and gains...
I can tell that many who doesn't know how to trade should only learn how to hold, this will be of a good advantage to them such a way that they will still achieve their aim than going into trades and loosing their investment on it, we have to start everything concerning cryptocurrency by learning the particular aspect we have developed interest with, this will aid us in making the best performance in it than we could if we are inexperienced.
Trading is something that requires skill, if we don't have it, we should choose to become a holder, because this is safer and can both generate profits. Buy when the price is cheap and hold it until the price is high and we sell it for a profit. It sounds easy but in practice it is also risky, but the risk of trading is higher than holding.The risk is high because the mechanism is more complex. This is because in trading, a trader must be able to maintain consistency in generating profits every day or in faster intervals. The more decisions you make, of course the more risks you have to face, therefore your experience will also increase as you spend more time trading.
Of course there will be a lot of different approaches, there is nothing wrong with that but I have to point out that its not going to be easy neither, the decision making I mean. I get that its going to be a little tough if we are careful with what we do, but that's not going to be all that easy at all. I just think that the best we can do right now would be just avoiding anything that we are uncertain about. Just get to the point where you could be certain which one you would like to do, and ignore the people who keep promoting the other side, they are not wrong, they are just right for themselves.Yeah right. What suits others may not necessarily suit us. So we only have to enter or use a method that suits us. For example, some people are comfortable with daily trading and some people are comfortable with medium-term trading and there are also those who are comfortable with investing, namely only accumulating and selling when they have made a profit. And of course every person can rarely be good at everything. So we only need to use methods that we master. And only enter projects that we have finished analyzing.
Yes this is true and we are the ones who would really be needing to find out on what suits them best since its your money then it would be just that right that you should really be finding out on the things on which it do really suit out your skills/time/preference/experiences on which this is something that matter the most. IF you do saw that holding is really than with trading then its your choice but just like been said that holding could really be testing out your patience and not all would really be having that kind of long wait of their bags to pump or having those gains.Of course there will be a lot of different approaches, there is nothing wrong with that but I have to point out that its not going to be easy neither, the decision making I mean. I get that its going to be a little tough if we are careful with what we do, but that's not going to be all that easy at all. I just think that the best we can do right now would be just avoiding anything that we are uncertain about. Just get to the point where you could be certain which one you would like to do, and ignore the people who keep promoting the other side, they are not wrong, they are just right for themselves.Yeah right. What suits others may not necessarily suit us. So we only have to enter or use a method that suits us. For example, some people are comfortable with daily trading and some people are comfortable with medium-term trading and there are also those who are comfortable with investing, namely only accumulating and selling when they have made a profit. And of course every person can rarely be good at everything. So we only need to use methods that we master. And only enter projects that we have finished analyzing.
Of course there will be a lot of different approaches, there is nothing wrong with that but I have to point out that its not going to be easy neither, the decision making I mean. I get that its going to be a little tough if we are careful with what we do, but that's not going to be all that easy at all. I just think that the best we can do right now would be just avoiding anything that we are uncertain about. Just get to the point where you could be certain which one you would like to do, and ignore the people who keep promoting the other side, they are not wrong, they are just right for themselves.Yeah right. What suits others may not necessarily suit us. So we only have to enter or use a method that suits us. For example, some people are comfortable with daily trading and some people are comfortable with medium-term trading and there are also those who are comfortable with investing, namely only accumulating and selling when they have made a profit. And of course every person can rarely be good at everything. So we only need to use methods that we master. And only enter projects that we have finished analyzing.
Just because we already have the stuff we need in trading, doesn't mean we don't need more. Sometimes we have to listen to their advices but doesn't mean you have to apply it. We have to think well how his idea help with my trading style. I believe no strategy that gives us 90% win rate so we have to use only what is working to us, and the strategy that works now may not work in the future that's why we have to enhance our strategy which may get by listening to others.Of course there will be a lot of different approaches, there is nothing wrong with that but I have to point out that its not going to be easy neither, the decision making I mean. I get that its going to be a little tough if we are careful with what we do, but that's not going to be all that easy at all. I just think that the best we can do right now would be just avoiding anything that we are uncertain about. Just get to the point where you could be certain which one you would like to do, and ignore the people who keep promoting the other side, they are not wrong, they are just right for themselves.Yeah right. What suits others may not necessarily suit us. So we only have to enter or use a method that suits us. For example, some people are comfortable with daily trading and some people are comfortable with medium-term trading and there are also those who are comfortable with investing, namely only accumulating and selling when they have made a profit. And of course every person can rarely be good at everything. So we only need to use methods that we master. And only enter projects that we have finished analyzing.
Everyone has their own beliefs about investing or trading, whether short term or medium term or holding for the long term. It is tailored to each person's abilities and expertise. I trade and hold, depending on market conditions and the capital I have.
Market analysis is never an easy task, market analysis is always difficult and market analysis correctly is even more difficult. Trading requires adequate amount of market analysis and if we fail to analyze the market properly then we can face financial losses so trading is not as easy as we think. If we have knowledge about trading and if we can do market analysis then trading is fine for us. But usually there is not so much trouble in the case of investment, in case of investment an investor does not need to do so much analysis about the market. So those who have less knowledge about the market and those who cannot analyze the market well can invest if they want.It is best to carry out the analysis carefully and with a clear mind. because as you said, crypto is unpredictable and always fluctuating. Choose potential coins, my advice is to use top coins which are safer than new coins.Coin analysis is not easy, unless you have relationships with big investors or whales who have very high levels of capital so you will know how price movements will occur, because sometimes the analysis you do can be broken by the conditions of the exchange that is being controlled. by those who have a lot of money.
Others thought it was easy to analyze the chart when reading it; others feel they know what they are doing, but the truth is they don't. You know what that means.
In actual trading, we must be real and not pretend. They say knowledge is power.
Now, if we don't have an idea here, we should study it first. And while we study trading, we can simultaneously hold crypto assets or bitcoin.
Others thought it was easy to analyze the chart when reading it; others feel they know what they are doing, but the truth is they don't. You know what that means.
In actual trading, we must be real and not pretend. They say knowledge is power.
Now, if we don't have an idea here, we should study it first. And while we study trading, we can simultaneously hold crypto assets or bitcoin.
I agree that we have to learn by doing if we want to learn trading, not just theorizing and saying we have trading knowledge. because becoming a professional trader is not easy and takes a long time. We can learn to analyze the coins we own when trading, looking at charts observing market volume etc.
point of main, holding need long time but trading is short time which you can make money everyday from trading.If a person is very experienced in trading platform then I think trading will be very easy and profitable for him. And if trading is very difficult for a person and he has no trading experience then trading will be very difficult for him. Those who think trading platform is very easy I would say it is always wrong trading platform is not easy and it is not easy to make money from it. But holding is very easy if you can hold at the right time not long term but short term can make a lot of money as we saw in 2022 when the market was heavily dumped by people who bought bitcoins or unique coins at very low prices for only a few months. Their investment has increased several times over. If you calculate their profit, you will see that there is more profit from daily trading. So trading is very easy if you understand well.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I agree that we have to learn by doing if we want to learn trading, not just theorizing and saying we have trading knowledge. because becoming a professional trader is not easy and takes a long time. We can learn to analyze the coins we own when trading, looking at charts observing market volume etc.
I agree that we have to learn by doing if we want to learn trading, not just theorizing and saying we have trading knowledge. because becoming a professional trader is not easy and takes a long time. We can learn to analyze the coins we own when trading, looking at charts observing market volume etc.
Yes, trading is not just a very easy skill that some people take it to be, and that's why a lot of people make mistakes and lose money unnecessarily due to ignorance. Do you know that some people end up handling trading like gambling because they believe that since they cannot be right with market prediction, they should just do whatever they like? Some people can easily describe trading as a simple thing based on their instincts, but once they start trading, they realize that it is more difficult than said because it has to do with emotions and mental decisions, and anyone who is not well prepared can just lose their money.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
The both are excellent ways, but for me I am holding that for long term, trading involve risk and higher risk than holding. Before trading you will need to get full knowledge and understand of the whole market.trading is not that easy you know that's why I stick to holding though it's risky because sometimes the market turns out the other way round.
The both are excellent ways, but for me I am holding that for long term, trading involve risk and higher risk than holding. Before trading you will need to get full knowledge and understand of the whole market.trading is not that easy you know that's why I stick to holding though it's risky because sometimes the market turns out the other way round.
If a person is expert then he should be a part of both trading and investment but if a person does not know anything about crypto market then it will be suitable to not be a part of trading whereas investment will not put a burden on investors as it takes longer time to show its worthiness.
Market is not stable so a person should must learn that how to deal with such a huge volatility therefore if someone trade without knowledge then it means he is not serious about earning and his money is burden on him that's why concentration on knowledge first is very necessary.
Knowledge and experience are very necessary when investing, we can choose to be a trader or a holder. If we are new to investing in crypto, we should choose to be a holder, this is safer for our assets, if we only buy bitcoin when the price is low and hold it, rather than being a trader which requires a lot of expertise there.That's true, but buying the dip is actually very difficult, and we don't really need it if our projection is to hold in the long term. Actually, what we need to do is carry out DCA so that our average purchases when entering the market are not too high. So even though currently the price of BTC is expensive, it's not a big problem as long as we can buy it regularly at a low price (if it's bearish), or buy it more when the price rises (if it's bullish)...
I think there are still some strategies to find the dip this is just my own insight how to find the dip but you need to sacrifice some of your capital in order to buy the dip not exactly lower but you trying to test the market with 1% stop loss with small capital until you found the dip because after the sudden huge drop the next move should be huge bullish then if its green then you are going to add more capital to get more benefits latest when you sell at higher price. Swing traders always do this their target price is around 10% above once they hit this they are going to set a stop loss near the 10% price increase. I'm not a professional trader but I'm studying and base on my experienced avoid future trading I lose there spot trading is much better for me.Knowledge and experience are very necessary when investing, we can choose to be a trader or a holder. If we are new to investing in crypto, we should choose to be a holder, this is safer for our assets, if we only buy bitcoin when the price is low and hold it, rather than being a trader which requires a lot of expertise there.That's true, but buying the dip is actually very difficult, and we don't really need it if our projection is to hold in the long term. Actually, what we need to do is carry out DCA so that our average purchases when entering the market are not too high. So even though currently the price of BTC is expensive, it's not a big problem as long as we can buy it regularly at a low price (if it's bearish), or buy it more when the price rises (if it's bullish)...
The opportunity is still big for Bitcoin, because in the next 1 year it looks like a powerful bull market will come. So just keep DCA, rather than looking for the lowest point which is difficult for us to get.
Knowledge and experience are very necessary when investing, we can choose to be a trader or a holder. If we are new to investing in crypto, we should choose to be a holder, this is safer for our assets, if we only buy bitcoin when the price is low and hold it, rather than being a trader which requires a lot of expertise there.That's true, but buying the dip is actually very difficult, and we don't really need it if our projection is to hold in the long term. Actually, what we need to do is carry out DCA so that our average purchases when entering the market are not too high. So even though currently the price of BTC is expensive, it's not a big problem as long as we can buy it regularly at a low price (if it's bearish), or buy it more when the price rises (if it's bullish)...
The opportunity is still big for Bitcoin, because in the next 1 year it looks like a powerful bull market will come. So just keep DCA, rather than looking for the lowest point which is difficult for us to get.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Actually, I agree with the DCA method of buying bitcoin, but my capital is tied up in several coins whose prices are falling and of course I won't sell them. Luckily I still have savings to do daily trading, so I still get daily profits, although not much. As I said, I am a holder and if I have free time, I will trade.It's better to let your other capital remain in that coin and don't sell it before you get a profit. You have to find more money for trading capital at least when you are stuck in another coin. This can be an important lesson to remain careful when you want to buy something. coins.
Actually, I agree with the DCA method of buying bitcoin, but my capital is tied up in several coins whose prices are falling and of course I won't sell them. Luckily I still have savings to do daily trading, so I still get daily profits, although not much. As I said, I am a holder and if I have free time, I will trade.In what altcoins you put your money? If they are reputable or top altcoins, you don't need to sell them now. They also have good potential to skyrocket in the altcoins season. So, you just need to collect more bitcoin with your saving money or extra money. It is no problem to keep buying although with small money. If you do it constantly, you will have good number of Bitcoin.
In what altcoins you put your money? If they are reputable or top altcoins, you don't need to sell them now. They also have good potential to skyrocket in the altcoins season. So, you just need to collect more bitcoin with your saving money or extra money. It is no problem to keep buying although with small money. If you do it constantly, you will have good number of Bitcoin.Any coin seems to be in the best condition right now, considering that altcoin season seems to be coming soon. I myself decided to buy Bitcoin a year ago, and until now the only assets I own are Bitcoin and BNB. I saved some USDT to buy again when the price drops someday.
In what altcoins you put your money? If they are reputable or top altcoins, you don't need to sell them now. They also have good potential to skyrocket in the altcoins season. So, you just need to collect more bitcoin with your saving money or extra money. It is no problem to keep buying although with small money. If you do it constantly, you will have good number of Bitcoin.There are many altcoins that I still keep. Currently I mostly keep meme coins such as Shiba, PEPE and others. Indeed, there is no guarantee that the altcoin you are saving will provide many profits, but I am still sure that there will be something that can provide good results when the altcoin season occurs. Of course I still have Bitcoin, because I divide the assets I own to buy coins, 50% for Bitcoin and the rest to buy Altcoins.
Nice asset split, 50% bitcoin and 50% altcoins. I also own altcoins from 50% of my assets, but not in the form of meme coins. I have more confidence investing in ethereum, BNB and Solana. I don't have the courage like you who have 50% of assets in meme coin.In what altcoins you put your money? If they are reputable or top altcoins, you don't need to sell them now. They also have good potential to skyrocket in the altcoins season. So, you just need to collect more bitcoin with your saving money or extra money. It is no problem to keep buying although with small money. If you do it constantly, you will have good number of Bitcoin.There are many altcoins that I still keep. Currently I mostly keep meme coins such as Shiba, PEPE and others. Indeed, there is no guarantee that the altcoin you are saving will provide many profits, but I am still sure that there will be something that can provide good results when the altcoin season occurs. Of course I still have Bitcoin, because I divide the assets I own to buy coins, 50% for Bitcoin and the rest to buy Altcoins.
point of main, holding need long time but trading is short time which you can make money everyday from trading.All cryptocurrency influencers say the same thing if you can't hold, you can't get rich. That is, you must hold after investing and wait for the market correction by keeping it in stock for a long time. In case of market correction, the coins you are holding will definitely give you a lot of profit. But the traders who are there are mainly trading more than holding but both are popular and equally important in the cryptocurrency world.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Hold requires free money to invest long term, this is the reason why more people like to become traders. I myself do both, hold and trade. because in my opinion if you can do both, you should do itpoint of main, holding need long time but trading is short time which you can make money everyday from trading.All cryptocurrency influencers say the same thing if you can't hold, you can't get rich. That is, you must hold after investing and wait for the market correction by keeping it in stock for a long time. In case of market correction, the coins you are holding will definitely give you a lot of profit. But the traders who are there are mainly trading more than holding but both are popular and equally important in the cryptocurrency world.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Hold requires free money to invest long term, this is the reason why more people like to become traders. I do both, hold and trade. because in my opinion if you can do both, you should do itpoint of main, holding need long time but trading is short time which you can make money everyday from trading.All cryptocurrency influencers say the same thing if you can't hold, you can't get rich. That is, you must hold after investing and wait for the market correction by keeping it in stock for a long time. In case of market correction, the coins you are holding will definitely give you a lot of profit. But the traders who are there are mainly trading more than holding but both are popular and equally important in the cryptocurrency world.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I prefer to hold rather than trade. I work on a rig and my job doesn't give me the time to trade. I remember when I was learning how to trade, I was taught a lot but I couldn't complete the lesson due to my job. Most people don't understand the basics of trading. Trading requires a lot and since I can't trade for now, I prefer to hold.
If you don't have time to trade, you should choose hold, that's better, because trading requires time to always monitor the market and make predictions and analysis.It's true, trading, especially for those who consider it a daily job, needs to monitor the market every day and also have to master certain skills in order to win at trading every day. It really takes a lot of energy to trade regularly every day, but if holding is able to provide quite large profits, I think the wisest thing is to hold.
Actually, I agree with the DCA method of buying bitcoin, but my capital is tied up in several coins whose prices are falling and of course I won't sell them. Luckily I still have savings to do daily trading, so I still get daily profits, although not much. As I said, I am a holder and if I have free time, I will trade.It's better to let your other capital remain in that coin and don't sell it before you get a profit. You have to find more money for trading capital at least when you are stuck in another coin. This can be an important lesson to remain careful when you want to buy something. coins.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
In my opinion, investing with a long-term hold means whoever buys early when bearish at the lowest price during the bullish season will get a bigger profit than others. but this really takes a long time, if you want daily or weekly profits you can trade.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
For me the hold gives me the most pleasure, the longer I hold bitcoin the more I can get. But trading is not always profitable, the cryptocurrency market goes up and down all the time. So if it is not possible to take the trade at the right time then there is a huge loss to be faced, so it is better to join the hold as soon as possible. Already the Bitcoin market who took the trade at 71k or 72k dollar basically faced huge loss. But those who invested in the beginning of 2023 managed to reap the most benefits, earning three to four times the benefits in just one to one and a half years.
In my opinion, investing with a long-term hold means whoever buys early when bearish at the lowest price during the bullish season will get a bigger profit than others. but this really takes a long time, if you want daily or weekly profits you can trade.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
For me the hold gives me the most pleasure, the longer I hold bitcoin the more I can get. But trading is not always profitable, the cryptocurrency market goes up and down all the time. So if it is not possible to take the trade at the right time then there is a huge loss to be faced, so it is better to join the hold as soon as possible. Already the Bitcoin market who took the trade at 71k or 72k dollar basically faced huge loss. But those who invested in the beginning of 2023 managed to reap the most benefits, earning three to four times the benefits in just one to one and a half years.
This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .I agree, people will prefer to hold their coins because we almost reaches the Bitcoin halving. According to the history, the prices of crypto coins will increase quite high when it is in Bitcoin halving time. However, there is no guarantee because the history can change any time. But I also still believe it, I guess there is still big increase in halving time. So, I am the same with others, I am holding my coins.
That's right, after the halving is finished, the price of Bitcoin will collapse again and make many people panic again. The next price movement can be guaranteed to be quite bearish. So before the halving is finished, I suggest selling Bitcoin immediately because the price is still high enough to make a profit. .This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .I agree, people will prefer to hold their coins because we almost reaches the Bitcoin halving. According to the history, the prices of crypto coins will increase quite high when it is in Bitcoin halving time. However, there is no guarantee because the history can change any time. But I also still believe it, I guess there is still big increase in halving time. So, I am the same with others, I am holding my coins.
Why not wait for the bullish top after the halving, why rush to sell it. Since many predict the price of btcoin will reach more than $100K, if a sharp correction occurs it is best to buy potential coins before a bullish top occursThat's right, after the halving is finished, the price of Bitcoin will collapse again and make many people panic again. The next price movement can be guaranteed to be quite bearish. So before the halving is finished, I suggest selling Bitcoin immediately because the price is still high enough to make a profit. .This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .I agree, people will prefer to hold their coins because we almost reaches the Bitcoin halving. According to the history, the prices of crypto coins will increase quite high when it is in Bitcoin halving time. However, there is no guarantee because the history can change any time. But I also still believe it, I guess there is still big increase in halving time. So, I am the same with others, I am holding my coins.
Why wont really be selling if you are really just that could be able to hold? We do know that it would really be able to recover its price once the market would really be shifting.That's right, after the halving is finished, the price of Bitcoin will collapse again and make many people panic again. The next price movement can be guaranteed to be quite bearish. So before the halving is finished, I suggest selling Bitcoin immediately because the price is still high enough to make a profit. .This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .I agree, people will prefer to hold their coins because we almost reaches the Bitcoin halving. According to the history, the prices of crypto coins will increase quite high when it is in Bitcoin halving time. However, there is no guarantee because the history can change any time. But I also still believe it, I guess there is still big increase in halving time. So, I am the same with others, I am holding my coins.
point of main, holding need long time but trading is short time which you can make money everyday from trading.Holding before Bitcoin halving is expected to be profitable. Especially since the halving is only a few days away and there is a possibility that Bitcoin will definitely exceed $80k before the halving. However, there is a possibility of a market crash after the bitcoin halving, so if the profit is high before the halving, it is definitely reasonable to trade. But Bitcoin is a worthwhile holding any time and if held, this holding has the potential to yield significant profits in the future.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .
Those that have the about of always researching has already addup to their chances of becoming successful in this crypto space. So we all know that researching play a huge role in this space which most newbies lacks that why they are easily mislead in investing in the wrong project.This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .
Holding is already proven; as long as you are sure of the crypto you are going to hold and believe in, don't hold just because someone you trust said so.
You should hold crypto yourself because you know the reason for holding it.
That means we must have an underlying source that holds a cryptocurrency valid. That's why it's important to do your own research before investing, that's all.
Those that have the about of always researching has already addup to their chances of becoming successful in this crypto space. So we all know that researching play a huge role in this space which most newbies lacks that why they are easily mislead in investing in the wrong project.This time around people are mostly focusing on holding because of the upcoming bullish run, so alot of individuals are focusing in stashing more percentage of their assets on holding while some may choose to focus some percentage of their funds on trading, but now I'm among those who are focusing on holding expecially for long-term holding. The longer you hold the more your profit though they would be alot of up and down Movement in market , that why as an investor one should be ready for anything. Soon after the halving we gonna be seeing is all greens .
Holding is already proven; as long as you are sure of the crypto you are going to hold and believe in, don't hold just because someone you trust said so.
You should hold crypto yourself because you know the reason for holding it.
That means we must have an underlying source that holds a cryptocurrency valid. That's why it's important to do your own research before investing, that's all.
You are right investing and holding is one choice. Doing time like this when there would be a bull run alot of people don't need to be told before they would consider holding. And the reason why prefer holding than trading , because is more easier and you don't require any kind of skills before doing it , though you may have some good planning on how to manage your financial situation when holding.
That means we must have an underlying source that holds a cryptocurrency valid. That's why it's important to do your own research before investing, that's all.For long-term investments, fundamental analysis alone is enough... when you see the great prospects of the coin in question for the future for several reasons, the consideration of holding the crypto for a long time is quite good. The basis of the coin is the most important thing to be able to measure how long the coin will survive and find fans.
Greed will always destroy them in investing, because they will miss the best opportunities. It was very difficult to manage those emotions, because many times I lost because of greed. That's why I chose to be a holder, who only buys when the price is low and holds. When I reach the target, I will sell it immediately.That means we must have an underlying source that holds a cryptocurrency valid. That's why it's important to do your own research before investing, that's all.For long-term investments, fundamental analysis alone is enough... when you see the great prospects of the coin in question for the future for several reasons, the consideration of holding the crypto for a long time is quite good. The basis of the coin is the most important thing to be able to measure how long the coin will survive and find fans.
For me, holding is easier and the important thing is to determine the target for selling. Don't let greed control us.
Hold is the most important and easy for me, because if I hold bitcoins the risk is less but of course I can reap the benefits if I hold it for a long time. I support bitcoin as the only dependable and trusted coin among cryptocurrencies, all other points are not trusted. Because Altcoins have millions of coins coming and going on the market there is no problem with that. But you notice only one Bitcoin has been faithfully in the market for a long time without any chance of fraud so far, so I trust Bitcoin the most and holding it for a long time will definitely be the right approach. Trading is more risky as there are always updated news, and if you can't buy at the right time then you will definitely face losses. Because buying in the deep market must be sold in the pumping market, that is the trade.Holding several cryptocurrency assets is indeed very good, but you have to be careful because not all cryptocurrency assets are suitable for holding for the long term, especially when you choose Altcoins which generally cannot provide guarantees for profits. It is better if you can hold for the long term. long only on Bitcoin. With a very limited supply, this will provide the potential for Bitcoin to increase its price quite high someday.
I think I will go with hodling because that's what I have knowledge of and know how to be do best compare with trading that requires enough of expertise before one mastered it. But as for trading I don't need any other additional expertise to know or learn of than to hodl for the long term and have a set price to tradeHolding is the safest way, if we do not have expertise and experience as a trader. because holding only buys the right coins and of course it is done during the bearish season and holds it for several years until the bullish season. Becoming a professional trader requires focus and time to learn.
Agree with what is said, by continuing to hold you will get a very large profit, but you have to make sure that the coin you are holding must of course have the potential to increase in price. If you hold it in the form of altcoins it will be very risky because not always products developed in altcoins are useful for many people.I think I will go with hodling because that's what I have knowledge of and know how to be do best compare with trading that requires enough of expertise before one mastered it. But as for trading I don't need any other additional expertise to know or learn of than to hodl for the long term and have a set price to tradeHolding is the safest way, if we do not have expertise and experience as a trader. because holding only buys the right coins and of course it is done during the bearish season and holds it for several years until the bullish season. Becoming a professional trader requires focus and time to learn.
Before we start anything, we need to assess ourself to see which area we are going to like and perform well, we should not only e excited about taking a step, but which kind of step are we taking that will be of good benefit on us, its better we hold and give it time to see that our investment is matured enough before we can make decision on selling them than we going for trade when we have no idea on how to trade.
Holding is the safest way, if we do not have expertise and experience as a trader. because holding only buys the right coins and of course it is done during the bearish season and holds it for several years until the bullish season. Becoming a professional trader requires focus and time to learn.
Holding is exactly a secure way of earning but for holding knowledge is also necessary and sometimes people want to hold longer but they have no idea that at which price they have to sell so for this purpose they have to choose an exact value in their mind which can minimize their stress as well as greediness.Agree, that way we can still have the opportunity to make a profit when the price collapses or want to make more profit, but I have to be really smart in choosing the coins that I want to hold. So far not all coins have the potential to be kept long term. I believe in Bitcoin because the price movement depends on demand in the market and the influence of supply which will run out from year to year.
Four year holding can give you more opportunities to earn more money therefore don't sell before four years if your held coin did not have reached your fixed value yet. Traders require more knowledge, more concentration in contrast with investors so if you cannot give time to your asset then hold it instead of buying and selling regularly according to market alterations.
Holding is exactly a secure way of earning but for holding knowledge is also necessary and sometimes people want to hold longer but they have no idea that at which price they have to sell so for this purpose they have to choose an exact value in their mind which can minimize their stress as well as greediness.At least we also need to know the basics so that holding can be successful, because even though the task is only easy, if the strategy used is wrong, it could make someone lose money. Long-term holding should also not involve emotions, because I think many will be easily influenced by market conditions, when there are significant price changes in a short time.
yeah I agree don't hold if you don't have a target, we can hold coins for the long term but buy when bearish and hold until bullish, we don't need to panic because the character of crypto is volatile. If it goes down tomorrow or the next day it could go up again.Holding is exactly a secure way of earning but for holding knowledge is also necessary and sometimes people want to hold longer but they have no idea that at which price they have to sell so for this purpose they have to choose an exact value in their mind which can minimize their stress as well as greediness.At least we also need to know the basics so that holding can be successful, because even though the task is only easy, if the strategy used is wrong, it could make someone lose money. Long-term holding should also not involve emotions, because I think many will be easily influenced by market conditions, when there are significant price changes in a short time.
Apart from that, money management and purchasing management and sales strategies must also be considered. Never hold if you don't have a target. That will only lead someone to their greedy nature.
For medium term holders they have a 4 year sales target, but for large investors who have a 10 year target, they will not panic when they see the market. and the target will be very high, maybe above $200K. I am a short and medium term holder, so my target is to sell bitcoin at $80Kyeah I agree don't hold if you don't have a target, we can hold coins for the long term but buy when bearish and hold until bullish, we don't need to panic because the character of crypto is volatile. If it goes down tomorrow or the next day it could go up again.Holding is exactly a secure way of earning but for holding knowledge is also necessary and sometimes people want to hold longer but they have no idea that at which price they have to sell so for this purpose they have to choose an exact value in their mind which can minimize their stress as well as greediness.At least we also need to know the basics so that holding can be successful, because even though the task is only easy, if the strategy used is wrong, it could make someone lose money. Long-term holding should also not involve emotions, because I think many will be easily influenced by market conditions, when there are significant price changes in a short time.
Apart from that, money management and purchasing management and sales strategies must also be considered. Never hold if you don't have a target. That will only lead someone to their greedy nature.
point of main, holding need long time but trading is short time which you can make money everyday from trading.We can do everything and decide by looking at the situation and market conditions at that time, if it is possible to trade it and we have made a profit then it is better for us to do it.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
If the market is quiet and looks like a dump, we should hold and wait for the market to improve again. Actually, we can trade when the market is green and the coin price increases. We can do both when investing in crypto currencypoint of main, holding need long time but trading is short time which you can make money everyday from trading.We can do everything and decide by looking at the situation and market conditions at that time, if it is possible to trade it and we have made a profit then it is better for us to do it.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
But if market conditions are quiet, and if we sell at a loss, then we should hold until the time limit we determine.
If the market is quiet and looks like a dump, we should hold and wait for the market to improve again. Actually, we can trade when the market is green and the coin price increases. We can do both when investing in crypto currencyUnfortunately, currently the price of cryptocurrency in the market has recovered and many altcoins are increasing their prices, in my opinion this is the influence of the increasing transaction costs of Bitcoin which ultimately makes many people use altcoins to carry out transactions between markets.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
If you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading is also beneficial, if you are a experienced trader.
Of course, if you want to hold it for the long term, many recommend Bitcoin because it is the king of crypto currencies. The most popular and always followed by other altcoins. There is no coin that is safer than bitcoin in the long term, that is my current analysis and opinionIf you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading is also beneficial, if you are a experienced trader.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Well, I don't need to choose between those two because they both help me. And all of us traders here use them both most of the time. So I don't understand why it's necessary to shop, because even if one of them is removed by a trader, he can't be called a trader. Do you know that?If you make it your main job, maybe that will be enough time, but if you have another main job, maybe you will run out of time to do both. Trading in the short term so far requires a lot of energy and time, because it relies on technical analysis too... whereas if you are a long-term investor and have a main job in real life, then it will be easier for you to make a profit from cryptocurrency...
So, instead of choosing between the two, why not use them equally as traders? After all, they both have benefits that can be given to us in reality.
Agree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focusedWell, I don't need to choose between those two because they both help me. And all of us traders here use them both most of the time. So I don't understand why it's necessary to shop, because even if one of them is removed by a trader, he can't be called a trader. Do you know that?If you make it your main job, maybe that will be enough time, but if you have another main job, maybe you will run out of time to do both. Trading in the short term so far requires a lot of energy and time, because it relies on technical analysis too... whereas if you are a long-term investor and have a main job in real life, then it will be easier for you to make a profit from cryptocurrency...
So, instead of choosing between the two, why not use them equally as traders? After all, they both have benefits that can be given to us in reality.
Here the existence of cryptocurrency really adapts to the user... and I'm sure if you do both, then you get the main income from trading cryptocurrency.
Agree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focusedThere is no other way than to hold assets for a long time, because it is impossible to trade and always monitor the exchange, because the time we have is used up for activities in the real world. Focus is the main factor in trading so that you don't make wrong decisions.
Trading can be done if we have a lot of time and always focus on monitoring the market, I don't have much time. I only trade during my free time, because I am busy with work and family. Holding is my favorite way to invest in cryptoAgree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focusedThere is no other way than to hold assets for a long time, because it is impossible to trade and always monitor the exchange, because the time we have is used up for activities in the real world. Focus is the main factor in trading so that you don't make wrong decisions.
Trading and holding are two different things. One is instant buying and selling and the other is holding. There are also some pros and cons to trading in the crypto space. But among all these advantages and disadvantages the most important to me is that if a trader can trade well then he can earn some cash but there is more risk involved. Due to a small mistake, you have to face a big loss. But a holder has no such problem. If he can hold for a long time then he will definitely be able to earn profit. Those who hold Bitcoin for a long time they will not loss.If you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading is also beneficial, if you are a experienced trader.
In my opinion, we can do both holding and trading. if we have experience, knowledge and expertise in trading. If holding is just buying potential coins and holding them for a long time, this all depends on the capital and skills you have.Trading and holding are two different things. One is instant buying and selling and the other is holding. There are also some pros and cons to trading in the crypto space. But among all these advantages and disadvantages the most important to me is that if a trader can trade well then he can earn some cash but there is more risk involved. Due to a small mistake, you have to face a big loss. But a holder has no such problem. If he can hold for a long time then he will definitely be able to earn profit. Those who hold Bitcoin for a long time they will not loss.If you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading is also beneficial, if you are a experienced trader.
Bitcoin is a more powerful and trusted coin than other coins. If you invest here, profit is guaranteed, but if you invest for a short period of time, profit cannot be guaranteed. But long term holding is possible to profit because Bitcoin has previous history we can see that Bitcoin is always making new ATH so after investing holding it till next ATH can get big returns from here. Until Bitcoin crosses $100k we have a great opportunity to make a good amount of profit from here.If you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading is also beneficial, if you are a experienced trader.
Actually we can do both between hold and trade but regarding financial condition which one have to prefer, for trader need take profit in daily day make trading become their main passive income and not support financial to be long term trader or holder. Hold has bigger opportunity to earn much profitable than trading or short term trade but need waiting for longer time and need financial support because without daily income from cryptocurrency trading profitable.If we have a lot of money, we can do both. become a trader or holder. By becoming a holder we can buy when it is bearish and hold it for the long term and sell it during the bullish season. And as a trader we can get daily profits to increase our crypto assets
If have much money I think become both as holder and short term trading, looking most potential altcoin or bitcoin for long term holding and other side make trading to earn profit in daily day.
Even if you dont have that tons of money you could really be still be able to do both things just like me. Whenever i do make up some trades on which the profit i do made is really that something being partitiioned or be divided into two on which the other half would really be that be buying Bitcoin or some top altcoins adding up with my long term portfolio and the rest of those profits would really be that used back as a capital and would really be that trying out to repeat the same process on which accumulating even more via making of those profits but of course it wontActually we can do both between hold and trade but regarding financial condition which one have to prefer, for trader need take profit in daily day make trading become their main passive income and not support financial to be long term trader or holder. Hold has bigger opportunity to earn much profitable than trading or short term trade but need waiting for longer time and need financial support because without daily income from cryptocurrency trading profitable.If we have a lot of money, we can do both. become a trader or holder. By becoming a holder we can buy when it is bearish and hold it for the long term and sell it during the bullish season. And as a trader we can get daily profits to increase our crypto assets
If have much money I think become both as holder and short term trading, looking most potential altcoin or bitcoin for long term holding and other side make trading to earn profit in daily day.
Good advice if you can do both, holding and trading. By trading we can get profits, with these profits we can buy the coins we want. This is a good step as you suggested, I also did it. Although it's not easy, because sometimes I also use money from trading profits to meet my living needs.
Even if you dont have that tons of money you could really be still be able to do both things just like me. Whenever i do make up some trades on which the profit i do made is really that something being partitiioned or be divided into two on which the other half would really be that be buying Bitcoin or some top altcoins adding up with my long term portfolio and the rest of those profits would really be that used back as a capital and would really be that trying out to repeat the same process on which accumulating even more via making of those profits but of course it wont
really be simple as it sounds and not all would really be able to succeed on this approach.
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you.Picking the right way is where the problem lies. While day trading will have you to stake many things ranging from expertise, experience to time. HODLing might not be as demanding as day trading. Both are good ways to earn and including mining. But the easiest to do among them is Hodling. If you can buy once or through DCA and never sell for a long time, you will definitely be on good profit. In whatever way you chose to earn, if you do not have patience, you will definitely lose out. Patience is key...
Re: Hold and trade which is best for you?Maybe change the "AND" with "OR" since you let us pick 2 things. :)
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make moneyIf you can consistently make a profit of 10 to 20 percent every day, you will accumulate huge profits every month, but I'm sure you can't do that either. Actually, I am also the type of person like you in cryptocurrency trading, maybe we have a match.
neither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make moneyI have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare timeneither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make moneyI have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
That's right, by holding assets for a long time we can get maximum profits, because when we do daily trading we can't always make a profit, it's different when we do it defensively, the profits you get will be large because we have the opportunity to buy coins at that time. the price is still cheap.If you feel you don't have the ability to trade, you can become a holder. But you can also learn trading slowly when you have time to focus. Because learning takes time and you have to focus. I'm also not a great trader, only occasionally playing there in my spare timeneither for me. because I'm the type of person who can't wait to monitor the market in trading, and I don't really think about making a lot of profit as long as I've made a profit of 10-20% of my initial capital, I usually let go of the coins I have, I don't want to be greedy because I've had bad experiences with hold high prices and it turns out that you don't get profits but lose without being given the opportunity to make moneyI have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.
- Actually, those two can bring about the same benefits, so if you want to be sure, that's where you should invest in long-term holdings. If you are an impatient person and only want a short period of time, go into day trading.
So it really depends on us, but most of the communities I see here are the same or using the same trading method.
I have zero knowledge on trading and I am not ready to practice it, because it is very risky, and stressful. I am a bad trader and I don't want to run at loss, so I hodli instead of trading. Hodli gives good profit, if you can endure and go on a long term ride, because the price of bitcoin keeps on increasing overtime.I think many people are aware of this, where holding sometimes doesn't take up our time... there's no need to monitor prices all the time... even after I observed it, some holders check prices just to find out the current market conditions, the decision to sell or buy will depend entirely on time or pressured by necessity.
In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.
Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.
The problem is that not everyone will be skilled at doing that, so should we take that big risk or not? Our goal in investing and trading is profit, no one wants to feel a loss, but in practice trading is not as easy as what comes out of the mouth.In this case, I think everyone wants to make a profit in a short time, but when we take it, the risk we will have will also be greater, so to minimize the risk we can hold on for a long time with patience.
Not everyone is able to trade, I mean not everyone is skilled at trading. And maybe holding could be easier, because we only need to hold and we are also required to always watch price movements at all times. So it's true, this depends on our choices and also based on the knowledge we have.
Investors always keep holding until the price goes to their target price or target date, but traders who analyze the market structure and know where the price will go will react right away before they lose more, and traders always set a stop loss because they know risk management is the only solution to cut losses on every trade to potentially make more profit than losing, unlike those who keep holding for a long time. So if you keep holding, you may lose in the end.
DependsYou are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.
- if you are a professional trader the trade certainly wins over hold, because you do it to make a living so you know how to do it and how to manage emotions and above all you have the right news from the right people
- if you are not a professional trader, it is better to hold the right things, whether cryptocurrencies or shares of strong companies such as Apple, Facebook and the like
Holding for a long time or trading frequently can both make money, but you need to pick the right way for you. I prefer buying and keeping my main investments long-term. But I also use Bitget's smart portfolio sometimes to get more Bitcoin when meme coins go up a lot against Bitcoin's price. This way I can try to get some extra profits while still mostly holding long-term.That means indirectly you like to buy the dip and hodle for a long term which is you lime investment to trading. Many people will choose investment because it is less risk in buy and hodle but there is a high level of risk in trading. For someone to benefit and have a good profit the person need a knowledge on trading but in investment you done need much and the basic knowledge is good to invest, buy and hodle for a long term investment.
DependsYou are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.
- if you are a professional trader the trade certainly wins over hold, because you do it to make a living so you know how to do it and how to manage emotions and above all you have the right news from the right people
- if you are not a professional trader, it is better to hold the right things, whether cryptocurrencies or shares of strong companies such as Apple, Facebook and the like
You are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.
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 termsYou are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.
Trading is easy but for those who Know about it and who have gained experience in trading by losing a major part of their income so they have sacrificed their money, time and emotions just for future success. But nowadays everyone wants to earn huge money without losing a penny and without hiding their emotions but it is not possible as every success requires patience and will happen in due time.
It does not mean that investment does not require knowledge and experience but during investment you have patience you can carry your investment until a time arrives when you can sell it in huge price. Trading and investment both need knowledge and experience but there is a greater chance to lose in trading then Investment therefore everyone suggests newbies to enter first into investment rather than trading.
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 termsIt is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.
In the case of trading, one has to buy and sell one of the coins, on the other hand, in the case of investment, one has to buy and sell one of the coins, but these two are completely different. Investing is usually planned for long term whereas trading is planned for short term. In the case of investment, an investor does not need to monitor the market so much but in the case of trading, a trader needs to monitor the market a lot and also needs to spend enough time in the market. Trading is fine for those individuals who have enough time and can spend enough time behind the market. Investment can be made by the person who can only wait for the results and who can hold his investment for a long time.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 termsYou are right, if we are not a professional trader, we should become a long-term holder, because this is safer and more profitable. Becoming a professional trader requires experience and of course having analysis and predictions that are close to accurate, and as you said being able to manage emotions well.
Trading is easy but for those who Know about it and who have gained experience in trading by losing a major part of their income so they have sacrificed their money, time and emotions just for future success. But nowadays everyone wants to earn huge money without losing a penny and without hiding their emotions but it is not possible as every success requires patience and will happen in due time.
It does not mean that investment does not require knowledge and experience but during investment you have patience you can carry your investment until a time arrives when you can sell it in huge price. Trading and investment both need knowledge and experience but there is a greater chance to lose in trading then Investment therefore everyone suggests newbies to enter first into investment rather than trading.
It is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.
That's right, by buying coins during the bearish season it will give us the opportunity to buy coins at cheap prices, currently the price of bitcoin is still too high. If the price of bitcoin falls to $20k, of course many will buy bitcoin quickly.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 termsIt is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.
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.That's right, by buying coins during the bearish season it will give us the opportunity to buy coins at cheap prices, currently the price of bitcoin is still too high. If the price of bitcoin falls to $20k, of course many will buy bitcoin quickly.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 termsIt is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.
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 agree with you, it is impossible for the price of bitcoin to fall to $ 20K, because whales and bitcoin holders will not let that happen. I think the prediction that might happen this year is that Bitcoin will fall to $50K, but it won't fall below thatMany 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.
I don't think that will happen, it's not impossible, but it will be very difficult to happen. If they expect the price of bitcoin to drop to 20k, then what do they do? weren't we at that price even lower when it hit below 20k at that point, and where were they? are they not buying?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.
Looking at the current Bitcoin market, it is doubtful that $50,000 will ever be reached. But if there is more dumping it may come to $50,000. Currently we see the Bitcoin market fluctuating between $60,000 and $63,000. However, if the market continues like this, it is estimated that Bitcoin will gradually rise and reach $100,000 by 2024. But yes I agree with you that bitcoin will not go down to $20k again and neither will bitcoin holders and whales. So if you have the position to invest, keep investing and the market will surely rise and reach all time highs.I agree with you, it is impossible for the price of bitcoin to fall to $ 20K, because whales and bitcoin holders will not let that happen. I think the prediction that might happen this year is that Bitcoin will fall to $50K, but it won't fall below thatMany 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.
It is even possible that Bitcoin will no longer touch the price of 20k in the future if bitcoin in the current bullrun reaches a price above 100k. Because after the bull run market reaches its peak and the market returns to bearish, maybe at that time BTC will continue to be corrected, but maybe the lowest will be touched at that time, only around 30 or 40 or even higher.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.
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.
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
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.
$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.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
I know very well that $20k will never happen again, in fact it makes me smile who says itYes, 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
even in the previous ATH people were talking about $2k again, which was impossible and never happened again
people love to dream, like those who say they will make 1 million at this halving, dreamers
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 $50KThose who want the price back to 20k are the ones I think they missed out on buying at the low a while back, and now they're saying that so they can take advantage this time.
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 $50KIf 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.
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.I've read many quite interesting negative analyses and predictions based on different methods: they argue that the increase from $16K to $73K is just a temporary recovery (flat correction) and BTC price will continue to decrease and create a new bottom, or at least return to $30K or $20K. We all know that anything can happen in this market, and those who think BTC price will continue to fall sharply will want to trade by short-selling orders or sell all their crypto assets and then buy back at lower prices.
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.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 $50KIf 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.
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 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.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 $50KIf 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.
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.
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 sharpCant 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 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.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 $50KIf 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.
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.
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.
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.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 sharpCant 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 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.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 $50KIf 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.
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.
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.
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.
I've read many quite interesting negative analyses and predictions based on different methods: they argue that the increase from $16K to $73K is just a temporary recovery (flat correction) and BTC price will continue to decrease and create a new bottom, or at least return to $30K or $20K. We all know that anything can happen in this market, and those who think BTC price will continue to fall sharply will want to trade by short-selling orders or sell all their crypto assets and then buy back at lower prices.People will be always predicting the price movement. Whether it is a pure prediction or they have a certain purpose to make a prediction. People who have good prediction, they may try to motivate all investors to keep holding. Meanwhile people who make negative prediction, they are trying to spread FUDs. They may have the intention to make people panic and selling for losses.
However, I believe that when the halving happens, we will no longer be in the crypto winter, we will quickly enter the bullrun and BTC price is just re-accumulating and pushing capital to ALTS before continuing to grow to lead the market. With this belief, I continue to hold and DCA crypto. Honestly, I'm afraid I'll lose my position when I sell crypto and can't buy it back at a lower price when the price could suddenly spike right after my sell order ^^It is clear that we are in the bullish season. We have reached a new ATH ($73k), this is surely the big indication for a bullish season. I am also holding my Bitcoin and keep increasing my portfolio. We have no reason to hurry selling our Bitcoin now, it should reach a new ATH. Just wait for a new pump, then we can consider to take profits.
If you have the time and of course knowledge in trading, you can trade and also hold. Honestly, I only hold and don't have time to trade, because I'm busy as an employee in real life. I only participate in bounties in my free time.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.
- 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.
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.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.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 sharpCant 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 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.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 $50KIf 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.
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.
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.
- 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.
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.
- 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.
- 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.
Bitcoin success reach above $71k after latest time raise one month before halving, I think worth for holding as long term trading right now than short term trading with small profitable earn in daily day or weekly.actually both are good things to do. If we have free money we can hold for the long term but if we have the time and expertise in trading we can also do short term trading. The price of bitcoin has now improved, we can start trading again.
Seems bitcoin have promising will return in bullrun moment after latest highest price up $71k and getting potential to make another all time high price previously.
Take longer time for holding bitcoin or altcoin is better way to earn much profitable than short term trading get potential fewest percent of profitable earn, has chance to keep hold bitcoin or altcoin assets and don't panic with short term trading behind market condition still not stable yet recently.
actually both are good things to do. If we have free money we can hold for the long term but if we have the time and expertise in trading we can also do short term trading. The price of bitcoin has now improved, we can start trading again.Yes we can do both if we can take big risks to trade bitcoin. Because I personally am more comfortable holding it than trading it, but again that is our choice, what is our expertise.
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.
Yes I accept that not all coins can be traded and not all coins can be held. there needs to be some reason to trade or hold a coin. some of the strongest coins can be held in a bear market. But trading requires a bull market. Trading is not forever and I don't trade for long as it has a lot of risk. however, I prefer to hold long-term and feel comfortable in potential coins like btc, eth, sol. For this reason I am more interested in holding than tradingYes 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.
You can't trade all the coins and you can't hold all coins no matter how special they are, some coins pop up during bull run and such type of coin can only be enjoyable when you trade them and take profits at any small pump you and enter again when there is a correction but make sure you have a stop loss to avoid unnecessary losses.
The only time I will consider holding coin is during the bear market, literally when the market is dry without any profits, this discourage traders and it encourage people to hold because you will have the opportunity to buy this coins at cheap price and make a significant profits in bull run.
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.
I do both, always hold bitcoin for the long term. I also trade with altcoins, of course the coins in top coins. Because I think this is safer, because I am also not a professional trader who dares to trade with new coins.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.
Holding and investing are profitable but it will also be good if you invest in Bitcoin and then leave it for some years and then completely focus on trading if you know about trading but if you have minimum or no knowledge then first give value to learning because the more you learn the more you will be successful.
If someone doesn't have enough amount then he can just hold a single successful coin without making any trade because for trading you will need more money while investment is not based on daily decisions. It depends on you that you are willing to do both or take advantage of any one in which you are interested and have a clear concept.
I know very well that $20k will never happen again, in fact it makes me smile who says itYeah I think so too that $20k will come again to those who think they can expect anything less than that. Bitcoin is currently fluctuating between $68,000 and $70,000. Making a million in this half is really a dream come true, but those who bought more than one bitcoin when it came in at a much lower price like $15,000 and still hold it until the next bull market can expect to make a million dollars. Also I don't think a million will be gained by holding a limited amount of bitcoins.
even in the previous ATH people were talking about $2k again, which was impossible and never happened again
people love to dream, like those who say they will make 1 million at this halving, dreamers
I don't have much experience in trading but still I keep trading. My average trading result is not as expected and also I have to be under human pressure if I take up trading. Every time I take on a new trade at the moment I feel a sense of excitement as the price is too much high or low i have to worry about that. But no such situation will prevail if i am a holder. Whether the market conditions are good or bad, the holders are safe till the specified time. And an advantage for Bitcoin holders is that every four years when Bitcoin halving occurs new ATH will be available.I do both, always hold bitcoin for the long term. I also trade with altcoins, of course the coins in top coins. Because I think this is safer, because I am also not a professional trader who dares to trade with new coins.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.
Holding and investing are profitable but it will also be good if you invest in Bitcoin and then leave it for some years and then completely focus on trading if you know about trading but if you have minimum or no knowledge then first give value to learning because the more you learn the more you will be successful.
If someone doesn't have enough amount then he can just hold a single successful coin without making any trade because for trading you will need more money while investment is not based on daily decisions. It depends on you that you are willing to do both or take advantage of any one in which you are interested and have a clear concept.
with this webapp https://dcabtc.com/
you can calculate how profitable your holding would have been
if you enter some figures to calculate your Dollar Cost Average, you will discover that even with just hold, which is the easiest thing for those who don't know how to trade, you would have had a very interesting revaluation
you don't get rich, but you definitely keep the value of your money
You are right trading will mess with your emotions and stress you up with much thoughts in the market, which makes it not an easy way to make profit. I don't have the zeal to trade as I don't like much worries on where my fund is. Hodling is very easy as long as you are using the right amount to invest that will not affect your monthly expenses and needs. All you need to do is to buy to your target and relax hodli, like you kept a good amount of money that you are saving in the bank for long to execute a project. Profit is the advantage of long term hodler.I don't have much experience in trading but still I keep trading. My average trading result is not as expected and also I have to be under human pressure if I take up trading. Every time I take on a new trade at the moment I feel a sense of excitement as the price is too much high or low i have to worry about that. But no such situation will prevail if i am a holder. Whether the market conditions are good or bad, the holders are safe till the specified time. And an advantage for Bitcoin holders is that every four years when Bitcoin halving occurs new ATH will be available.I do both, always hold bitcoin for the long term. I also trade with altcoins, of course the coins in top coins. Because I think this is safer, because I am also not a professional trader who dares to trade with new coins.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.
Holding and investing are profitable but it will also be good if you invest in Bitcoin and then leave it for some years and then completely focus on trading if you know about trading but if you have minimum or no knowledge then first give value to learning because the more you learn the more you will be successful.
If someone doesn't have enough amount then he can just hold a single successful coin without making any trade because for trading you will need more money while investment is not based on daily decisions. It depends on you that you are willing to do both or take advantage of any one in which you are interested and have a clear concept.
with this webapp https://dcabtc.com/
you can calculate how profitable your holding would have been
if you enter some figures to calculate your Dollar Cost Average, you will discover that even with just hold, which is the easiest thing for those who don't know how to trade, you would have had a very interesting revaluation
you don't get rich, but you definitely keep the value of your money
- I just want to ask, mate, is this the link you gave about this DCA? Have you tried it? Does that mean you will buy from that link platform? If yes, how are you? Was it effective using the link you provided?
Because when I tried to buy now, he was redirected to the E-TORO exchange platform, which means on this platform should I buy Bitcoin? It's like I thought, but the calculation is okay, in my opinion, as shown on the platform.
this site, if we want fantastic, allows you to make projections starting from the past
let's say it helps to understand, if I had done DCA how would I have my money now, it can't be done for the future obviously because we don't know the price
It's just a tool to understand, if I had used DCA now, what would I be like?
well yes, true holding professionals do it this way
I know many who accumulated during the bearish phase and have now stopped, it fits, this strategy makes sense
However, it is never too late to start regardless of the period
in my opinion the tool is useful for understand
Of course, every time is the right time to trade and invest, in my opinion, it's just that the profits you get will definitely be different, where buying during a correction or bearish will be more than buying when the coin is fomoIt doesn't seem to apply to me, considering that trading too often means taking risks too often. I do DCA but when the bearish moment comes, I buy a little extra to maximize profits, if the price goes up, I tend to stop trading and wait for the next bearish wave to buy.
Actually DCA is more suitable to use during the bearish season a year or two ago, we started buying using the DCA method, but if you want to buy now the price is too high even though there is still a chance of profit, but I don't use the DCA method anymore, because I do short trading buy and sell when you feel you have made a profit.
Actually the two methods, both DCA and Buy and Sell to benefit are a good way. Even though lately I focus more on trading from Darin on the DCA. Because I have a need that I have to paid with trading profits. I only small investors, long-term Hold Pung not in large funds, only gathering from trading in the past.Actually DCA is more suitable to use during the bearish season a year or two ago, we started buying using the DCA method, but if you want to buy now the price is too high even though there is still a chance of profit, but I don't use the DCA method anymore, because I do short trading buy and sell when you feel you have made a profit.
Both the method of DCA and buying and selling according to the profit are suitable options but most of the time people change their mind and escape to take profit as they wish to get more profit so this strategy is not applicable for everyone. I think one should use different strategies according to his profit and prefer that one which suited well for him.
Buying at lower worth and selling at higher cost is a good option and if someone is not interested in accumulation then taking profit but continuously purchasing and selling is also not a bad idea but if a person has knowledge and expertise about this process.
It would really be that according into your situation because non all would really be having that enough money that they could really be able to buy up huge sums of coins and holding up for long term. We do know that you could be only be able to feel up the profits on the moment that you do find yourself or accumulate yourself tons of coins but if its just small then you cant really be able to feel at all. This is why they would really be deciding that they would really be making up some active trades and would really be that trying out to make profits in a short time period.Actually the two methods, both DCA and Buy and Sell to benefit are a good way. Even though lately I focus more on trading from Darin on the DCA. Because I have a need that I have to paid with trading profits. I only small investors, long-term Hold Pung not in large funds, only gathering from trading in the past.Actually DCA is more suitable to use during the bearish season a year or two ago, we started buying using the DCA method, but if you want to buy now the price is too high even though there is still a chance of profit, but I don't use the DCA method anymore, because I do short trading buy and sell when you feel you have made a profit.
Both the method of DCA and buying and selling according to the profit are suitable options but most of the time people change their mind and escape to take profit as they wish to get more profit so this strategy is not applicable for everyone. I think one should use different strategies according to his profit and prefer that one which suited well for him.
Buying at lower worth and selling at higher cost is a good option and if someone is not interested in accumulation then taking profit but continuously purchasing and selling is also not a bad idea but if a person has knowledge and expertise about this process.
It would really be that according into your situation because non all would really be having that enough money that they could really be able to buy up huge sums of coins and holding up for long term. We do know that you could be only be able to feel up the profits on the moment that you do find yourself or accumulate yourself tons of coins but if its just small then you cant really be able to feel at all. This is why they would really be deciding that they would really be making up some active trades and would really be that trying out to make profits in a short time period.
Yes, its possible but its not something simple on which you could really be able to get i directly.
You are right trading will mess with your emotions and stress you up with much thoughts in the market, which makes it not an easy way to make profit. I don't have the zeal to trade as I don't like much worries on where my fund is. Hodling is very easy as long as you are using the right amount to invest that will not affect your monthly expenses and needs. All you need to do is to buy to your target and relax hodli, like you kept a good amount of money that you are saving in the bank for long to execute a project. Profit is the advantage of long term hodler.I don't have much experience in trading but still I keep trading. My average trading result is not as expected and also I have to be under human pressure if I take up trading. Every time I take on a new trade at the moment I feel a sense of excitement as the price is too much high or low i have to worry about that. But no such situation will prevail if i am a holder. Whether the market conditions are good or bad, the holders are safe till the specified time. And an advantage for Bitcoin holders is that every four years when Bitcoin halving occurs new ATH will be available.I do both, always hold bitcoin for the long term. I also trade with altcoins, of course the coins in top coins. Because I think this is safer, because I am also not a professional trader who dares to trade with new coins.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.Worries is normal and no one is exempted. But too much worry in trading is not normal as it can be the result of consistent loses or trading without having a plan or backtesting the strategy. If you feel like trading only makes you stress out then avoid it. You should always take care of your health because according to many health is wealth. So go for holding no matter how small you will gain atleast less stress.
Holding and investing are profitable but it will also be good if you invest in Bitcoin and then leave it for some years and then completely focus on trading if you know about trading but if you have minimum or no knowledge then first give value to learning because the more you learn the more you will be successful.
If someone doesn't have enough amount then he can just hold a single successful coin without making any trade because for trading you will need more money while investment is not based on daily decisions. It depends on you that you are willing to do both or take advantage of any one in which you are interested and have a clear concept.
Trading is always good. Especially when the market is bullish or will be bullish, trading in that period or before it is more likely to make profit. Those who trade in current times it is very favorable which are difficult to find in bearish times. If a trader or holder performs his task during this time he can get his result in a short period of time. But I prefer holding then trading. Holding is relatively less risky than trading. But many of them will give more importance to trading than holding because there is a great possibility of getting good reward.well yes, true holding professionals do it this way
I know many who accumulated during the bearish phase and have now stopped, it fits, this strategy makes sense
However, it is never too late to start regardless of the period
in my opinion the tool is useful for understand
Of course, every time is the right time to trade and invest, in my opinion, it's just that the profits you get will definitely be different, where buying during a correction or bearish will be more than buying when the coin is fomo
with this webapp https://dcabtc.com/
you can calculate how profitable your holding would have been
if you enter some figures to calculate your Dollar Cost Average, you will discover that even with just hold, which is the easiest thing for those who don't know how to trade, you would have had a very interesting revaluation
you don't get rich, but you definitely keep the value of your money
- I just want to ask, mate, is this the link you gave about this DCA? Have you tried it? Does that mean you will buy from that link platform? If yes, how are you? Was it effective using the link you provided?
Because when I tried to buy now, he was redirected to the E-TORO exchange platform, which means on this platform should I buy Bitcoin? It's like I thought, but the calculation is okay, in my opinion, as shown on the platform.
this site, if we want fantastic, allows you to make projections starting from the past
let's say it helps to understand, if I had done DCA how would I have my money now, it can't be done for the future obviously because we don't know the price
It's just a tool to understand, if I had used DCA now, what would I be like?
Doesnt matter on which method you would really be using as long it would really be something that could give out that profits then this is where you would really be tending to stick out with it.
It would really be that according into your situation because non all would really be having that enough money that they could really be able to buy up huge sums of coins and holding up for long term. We do know that you could be only be able to feel up the profits on the moment that you do find yourself or accumulate yourself tons of coins but if its just small then you cant really be able to feel at all. This is why they would really be deciding that they would really be making up some active trades and would really be that trying out to make profits in a short time period.
Yes, its possible but its not something simple on which you could really be able to get i directly.
Yes, I also trade to make a profit and from that profit I use it to increase my crypto assets, because as you said, not everyone can buy assets in large amounts. I collected a few rewards from bounties and airdrops from 8 years ago until now. And currently I am also focusing on trading to get daily profits.
Actually the two methods, both DCA and Buy and Sell to benefit are a good way. Even though lately I focus more on trading from Darin on the DCA. Because I have a need that I have to paid with trading profits. I only small investors, long-term Hold Pung not in large funds, only gathering from trading in the past.
You are right!Actually the two methods, both DCA and Buy and Sell to benefit are a good way. Even though lately I focus more on trading from Darin on the DCA. Because I have a need that I have to paid with trading profits. I only small investors, long-term Hold Pung not in large funds, only gathering from trading in the past.
The better way in my opinion is investment through using the method of DCA because it is not so stressful while trading is more risky but still if someone is gaining good profit from trading as compared to investment then he should continue trading.
Everything depends on the percentage of profit so one should be a part of that methodology through which he earns more and loses nothing. Some people are investing that amount which he has obtained from successful trading and this strategy is also beneficial Strategy.
Yes, I also trade to make a profit and from that profit I use it to increase my crypto assets, because as you said, not everyone can buy assets in large amounts. I collected a few rewards from bounties and airdrops from 8 years ago until now. And currently I am also focusing on trading to get daily profits.It is good that you trade the coins to accumulate more assets. I know it is possible to add more assets if we can earn profits. But how if you get losses? It even can decrease the number of the coins, right? It is not everyday that a trader can get profits. Sometimes we may get losses due to many factors. The changes of market trends can lead to the losses, bad news on crypto industry can come suddenly. How do you deal with this situation?
holding coins in the long term is good as our savings for the future... but it is also good if we trade in the short term to gain profits every day so that we can get 2 profits from what we do and we have to be careful when trading in short term time because we have to have a lot of knowledge in trading so that we become experienced in itTrading is very risky, we can lose all our assets with that. Even if we have full knowledge, we can still get liquidated. So holding is the best, the right, and the most comfortable decision. Unless you are holding a new memecoin. Lol.
Trading is very risky, we can lose all our assets with that. Even if we have full knowledge, we can still get liquidated. So holding is the best, the right, and the most comfortable decision. Unless you are holding a new memecoin. Lol.However, it doesn't instantly make your assets zero, unless the trading you mean is futures trading and you use high leverage such as x25 and above...both short-term and long-term trading there is a stoploss strategy, where when the price has passed a certain support limit, then Like it or not, we have to immediately end our plan to avoid undesirable things...
You are right!Talking about profits, trading will be faster to give us profits compared to holding, but it comes with risks too because we may also experience bigger and faster losses.
Overly one could just maintain holding like keep accumulating those important coin such a bitcoin or other better asset that is mostly valuable. People who involves themselves with trading are the people who are more conversant with it maybe are seeing much profits it than holding. Trading most times gives some kid of profits that holding can't give just as you already explained depending on the kid of coin they trading on.
I still suggest that there are benefits and negatives for both of them. When you hold long term, you are going to be mentally stressed whenever there are ups and downs, you do not know when it is the bottom and you do not know when it peaks, you have no idea because you need to, you do not have many chances, since you are getting that just one chance, you have to handle it one way or another. This is why the long term is harder than people think because if you miss your chance, it's the "long" term, who knows when you have another opportunity again? Trading is harder, but at least you can recover quickly, like within that day.Long term holding we faced mentality stress because our assets holding get decreasing drastically and checking current market price every time make us on huge pressure position after getting more loss.
We all know that trading is risky and anyone coming in should be well prepared for the risk otherwise any lose encountered while trading could be very hard on them that is why it's advisable to trade with money they can afford to lose otherwise if trading with huge fund it may cause serious damage.You are right!Talking about profits, trading will be faster to give us profits compared to holding, but it comes with risks too because we may also experience bigger and faster losses.
Overly one could just maintain holding like keep accumulating those important coin such a bitcoin or other better asset that is mostly valuable. People who involves themselves with trading are the people who are more conversant with it maybe are seeing much profits it than holding. Trading most times gives some kid of profits that holding can't give just as you already explained depending on the kid of coin they trading on.
For this reason, we have to be more prepared for the risks, because I think everyone is ready to make a profit, but not everyone is ready to experience a loss. So trading can indeed be done if we are truly prepared with the knowledge and know the risks.
Financial management and risk management, these are things that we must have well, because if not then we will experience something that makes us feel something we don't want to feel.Talking about profits, trading will be faster to give us profits compared to holding, but it comes with risks too because we may also experience bigger and faster losses.We all know that trading is risky and anyone coming in should be well prepared for the risk otherwise any lose encountered while trading could be very hard on them that is why it's advisable to trade with money they can afford to lose otherwise if trading with huge fund it may cause serious damage.
For this reason, we have to be more prepared for the risks, because I think everyone is ready to make a profit, but not everyone is ready to experience a loss. So trading can indeed be done if we are truly prepared with the knowledge and know the risks.
Do you know that whenever you talks about financial management risk comes into our minds because we will be thinking of how to protect our funds from losing it that is why when you talking financial management people always thinks of the best way to utilize it without wasting them. Small trading comes with risk if we don't gain we lose completely but the ability for a trader to understand that whatever amount used for trading can be subjected to a fragile funds (easy to lose) it at anytime.Financial management and risk management, these are things that we must have well, because if not then we will experience something that makes us feel something we don't want to feel.Talking about profits, trading will be faster to give us profits compared to holding, but it comes with risks too because we may also experience bigger and faster losses.We all know that trading is risky and anyone coming in should be well prepared for the risk otherwise any lose encountered while trading could be very hard on them that is why it's advisable to trade with money they can afford to lose otherwise if trading with huge fund it may cause serious damage.
For this reason, we have to be more prepared for the risks, because I think everyone is ready to make a profit, but not everyone is ready to experience a loss. So trading can indeed be done if we are truly prepared with the knowledge and know the risks.
Being ready to lose the money we have is something that must be our mentality, because in trading we need a very high mentality too. So don't let our mentality make the trades we make don't go well.
I always have that thought, I also can't deny that I will always think about being able to protect our money so that it doesn't disappear or suffer losses. However, when we know the risk, when we take it, we must prepare ourselves to experience loss.Financial management and risk management, these are things that we must have well, because if not then we will experience something that makes us feel something we don't want to feel.Do you know that whenever you talks about financial management risk comes into our minds because we will be thinking of how to protect our funds from losing it that is why when you talking financial management people always thinks of the best way to utilize it without wasting them. Small trading comes with risk if we don't gain we lose completely but the ability for a trader to understand that whatever amount used for trading can be subjected to a fragile funds (easy to lose) it at anytime.
Being ready to lose the money we have is something that must be our mentality, because in trading we need a very high mentality too. So don't let our mentality make the trades we make don't go well.
Personally, I prefer to hodli my bitcoin investment than to trade. Traders are only after small profits from price fluctuation. Of it is altcoin, trading is good than hodli but if it is bitcoin hodli is better than trading. This is because bitcoin price keeps increasing overtime, and if you can hodli for long, you will benefit from the compounding effect of your bitcoin portfolio in future.Actually the two methods, both DCA and Buy and Sell to benefit are a good way. Even though lately I focus more on trading from Darin on the DCA. Because I have a need that I have to paid with trading profits. I only small investors, long-term Hold Pung not in large funds, only gathering from trading in the past.
The better way in my opinion is investment through using the method of DCA because it is not so stressful while trading is more risky but still if someone is gaining good profit from trading as compared to investment then he should continue trading.
Everything depends on the percentage of profit so one should be a part of that methodology through which he earns more and loses nothing. Some people are investing that amount which he has obtained from successful trading and this strategy is also beneficial Strategy.
Personally, I prefer to hodli my bitcoin investment than to trade. Traders are only after small profits from price fluctuation. Of it is altcoin, trading is good than hodli but if it is bitcoin hodli is better than trading. This is because bitcoin price keeps increasing overtime, and if you can hodli for long, you will benefit from the compounding effect of your bitcoin portfolio in future.For bitcoin is prefer for holding tan trading but not recommended when holding altcoin,
Most of the replies are recurrent here, i won't blame the poster here but this is a very general topic on a generic topic there always come such issues Also, on ALTT there are very few active topics in each section, that's sad but a reality. in my view as maybe I've made my reply before as well I cant remember anyway, if you think you are quite skillful in trading you should trade in my views it will enhance your experience and skills as well as you a chance to make x change sin your portfolio.
If you think you can be a holder that is not worn as well because in basics we are all on the same grounds.
Personally, I prefer to hodli my bitcoin investment than to trade. Traders are only after small profits from price fluctuation. Of it is altcoin, trading is good than hodli but if it is bitcoin hodli is better than trading. This is because bitcoin price keeps increasing overtime, and if you can hodli for long, you will benefit from the compounding effect of your bitcoin portfolio in future.If you have some Bitcoin and you plan it for a long term holding, you don't need to trade it. You can buy other coins for trading, choose the coins that can increase faster than Bitcoin. I suggest you to choose the coins that have strong fundamentals. So if you fail to take profits trading the coins, you can keep the coins for your investment. BNB, ETH, SOL, DOT, ADA, and TON are the examples of the coins with strong fundamentals.
Each person has to have a level of what they call much more attention, being a market speculator or simply an investor the paths are Different, and the rest can vary according to the skills, obviously the one who has a lot of money finds it easier to buy and wait because he has many things assured, on the other hand the market speculator is different because he does not care where the market goes because if it goes up or down, there he must go and win in any Direction , even in lateralities you can Win , so all this has to do with the type of personality of the trader or investor.Yes, that's right, those who have a lot of capital will be calmer, because one thing that is needed is capital, both for traders and investors. We know that investors who have very high capital, they are people who have high profits too. But this is within our capabilities of course.
To be honest, what is needed when trading is not only money, knowledge about cryptocurrency price movements in the market is also an important value for those who want to make a profit from the trades they make. When we have money, we have to be brave enough to take risks to make it an important experience for us. With unlimited money, it will allow us to gain more experience in the world of Cryptocurrency.Each person has to have a level of what they call much more attention, being a market speculator or simply an investor the paths are Different, and the rest can vary according to the skills, obviously the one who has a lot of money finds it easier to buy and wait because he has many things assured, on the other hand the market speculator is different because he does not care where the market goes because if it goes up or down, there he must go and win in any Direction , even in lateralities you can Win , so all this has to do with the type of personality of the trader or investor.Yes, that's right, those who have a lot of capital will be calmer, because one thing that is needed is capital, both for traders and investors. We know that investors who have very high capital, they are people who have high profits too. But this is within our capabilities of course.
We just have to choose whether we will be traders or hold longer and it must be in accordance with our skills.
Experience is something that is really needed in trading. Because if we only rely on money without knowledge and experience, it is impossible for us to achieve big profits. We have to learn fundamental analysis, and also technical analysis, as many members here say, this takes time.To be honest, what is needed when trading is not only money, knowledge about cryptocurrency price movements in the market is also an important value for those who want to make a profit from the trades they make. When we have money, we have to be brave enough to take risks to make it an important experience for us. With unlimited money, it will allow us to gain more experience in the world of Cryptocurrency.Each person has to have a level of what they call much more attention, being a market speculator or simply an investor the paths are Different, and the rest can vary according to the skills, obviously the one who has a lot of money finds it easier to buy and wait because he has many things assured, on the other hand the market speculator is different because he does not care where the market goes because if it goes up or down, there he must go and win in any Direction , even in lateralities you can Win , so all this has to do with the type of personality of the trader or investor.Yes, that's right, those who have a lot of capital will be calmer, because one thing that is needed is capital, both for traders and investors. We know that investors who have very high capital, they are people who have high profits too. But this is within our capabilities of course.
We just have to choose whether we will be traders or hold longer and it must be in accordance with our skills.
Experience is something that is really needed in trading. Because if we only rely on money without knowledge and experience, it is impossible for us to achieve big profits. We have to learn fundamental analysis, and also technical analysis, as many members here say, this takes time.Experience is the best teacher but its difference when trading in cryptocurrency, although have much experienced has opportunity make the same mistake behind easily bitcoin and altcoin price drop drastically although we are investing on dip price. Need more knowledge and much experience with trading how to manage with capital not all in for one coins investing only, we need separated capital for several price when investing in bitcoin or altcoin to prepare after investing in dip price has another dip price few days or weeks later.
Experience is the best teacher but its difference when trading in cryptocurrency, although have much experienced has opportunity make the same mistake behind easily bitcoin and altcoin price drop drastically although we are investing on dip price. Need more knowledge and much experience with trading how to manage with capital not all in for one coins investing only, we need separated capital for several price when investing in bitcoin or altcoin to prepare after investing in dip price has another dip price few days or weeks later.Agree... because no one is 100% perfect, what everyone can do is try to increase their chances of success, even though there will still be failures there... as a person's experience capacity increases, at least wise decisions will be made more often than not. very risky stupid decision...
Experience is something that is really needed in trading. Because if we only rely on money without knowledge and experience, it is impossible for us to achieve big profits. We have to learn fundamental analysis, and also technical analysis, as many members here say, this takes time.Indeed. To be successful in trading, we need to have knowledge and experience. With experience, we can understand well many things about crypto trading. Sometimes, the theory doesn't describe fully how the real problem of trading. So we must have the experience to know it and to understand the solution, That's why people say that experience is the best teacher because it can learn us more effectively.
Many have learned technical and fundamental analysis from trading, but have not yet made big profits from trading. This is because emotional management is not good, there is still greed and fear. This is normal, because it takes a long time to become a professional trader.Experience is something that is really needed in trading. Because if we only rely on money without knowledge and experience, it is impossible for us to achieve big profits. We have to learn fundamental analysis, and also technical analysis, as many members here say, this takes time.Indeed. To be successful in trading, we need to have knowledge and experience. With experience, we can understand well many things about crypto trading. Sometimes, the theory doesn't describe fully how the real problem of trading. So we must have the experience to know it and to understand the solution, That's why people say that experience is the best teacher because it can learn us more effectively.
I think all type of analysis is necessary. we must have the ability to do both fundamental and technical analysis. This analysis will be very helpful in trading, it helps us to predict the possible price in the future.
As the topic of the thread implies, holding as an investor is best for me because I do not have the enough funds for the readiness of sudden losts and reinforcing to the market to buying and selling with the technicalities of making profits.The right choice if you choose to be a long-term holder if your funds are limited and you don't have trading skills. Because being a trader is very risky. the safest thing is to buy coins when they are bearish and hold them for the long term.
With my long term holding engagement, making profits will always be sure despites the fluctuations of the market trends while staying unpanick. It also offers less psychological stress effects.
Many have learned technical and fundamental analysis from trading, but have not yet made big profits from trading. This is because emotional management is not good, there is still greed and fear. This is normal, because it takes a long time to become a professional trader.Loss controlling with emotional make us difficult earn much profitable in trading of cryptocurrency, many trader get much experienced i trading and most of them have trade since last several years ago bit get difficult consistent earn much profitable. Greedy and loss controlling when trade in cryptocurrency make us loss opportunity huge profitable earn in trading but when easily controlling the emotion I believe every one get easily and consistent earn profitable.
The right choice if you choose to be a long-term holder if your funds are limited and you don't have trading skills. Because being a trader is very risky. the safest thing is to buy coins when they are bearish and hold them for the long term.Yeah holding is actually the best but however is actually depends on the individuals because in as much as holding may be good for me doesn't mean that it will actually be okay with most people because each and everyone has there motives on why they choose to come into Bitcoin and how they wish for there profits to be coming.
The right choice if you choose to be a long-term holder if your funds are limited and you don't have trading skills. Because being a trader is very risky. the safest thing is to buy coins when they are bearish and hold them for the long term.If someone has no trading skills, he can learn it from many sources. But if someone has no enough money for trading, he is surely impossible to buy coins and start trading. Deciding to focus on the long term holding isn't a bad idea, some people do it because they don't have enough time for trading. However, it doesn't mean trading is a bad thing. Trading is good if we have proper skills, it even can increase our funds if we can often get profits in trading.
As the topic of the thread implies, holding as an investor is best for me because I do not have the enough funds for the readiness of sudden losts and reinforcing to the market to buying and selling with the technicalities of making profits.Because holding actually also requires a strong mentality, not everyone can continuously withstand bearish moments that they never thought of... whereas for every person who always withstands bearish moments for holders, that means he has gone through many stages of FOMO. make him mentally really strong and optimistic... to get to that level is very difficult, because he needs real financial freedom first so that he feels safe.
With my long term holding engagement, making profits will always be sure despites the fluctuations of the market trends while staying unpanick. It also offers less psychological stress effects.
Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.As the topic of the thread implies, holding as an investor is best for me because I do not have the enough funds for the readiness of sudden losts and reinforcing to the market to buying and selling with the technicalities of making profits.Because holding actually also requires a strong mentality, not everyone can continuously withstand bearish moments that they never thought of... whereas for every person who always withstands bearish moments for holders, that means he has gone through many stages of FOMO. make him mentally really strong and optimistic... to get to that level is very difficult, because he needs real financial freedom first so that he feels safe.
With my long term holding engagement, making profits will always be sure despites the fluctuations of the market trends while staying unpanick. It also offers less psychological stress effects.
Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.As the topic of the thread implies, holding as an investor is best for me because I do not have the enough funds for the readiness of sudden losts and reinforcing to the market to buying and selling with the technicalities of making profits.Because holding actually also requires a strong mentality, not everyone can continuously withstand bearish moments that they never thought of... whereas for every person who always withstands bearish moments for holders, that means he has gone through many stages of FOMO. make him mentally really strong and optimistic... to get to that level is very difficult, because he needs real financial freedom first so that he feels safe.
With my long term holding engagement, making profits will always be sure despites the fluctuations of the market trends while staying unpanick. It also offers less psychological stress effects.
As the topic of the thread implies, holding as an investor is best for me because I do not have the enough funds for the readiness of sudden losts and reinforcing to the market to buying and selling with the technicalities of making profits.Because holding actually also requires a strong mentality, not everyone can continuously withstand bearish moments that they never thought of... whereas for every person who always withstands bearish moments for holders, that means he has gone through many stages of FOMO. make him mentally really strong and optimistic... to get to that level is very difficult, because he needs real financial freedom first so that he feels safe.
With my long term holding engagement, making profits will always be sure despites the fluctuations of the market trends while staying unpanick. It also offers less psychological stress effects.
Very good advice if we should buy crypto from top coins, because it is safer and more popular. Choose the top coin that is popular, I think this is very suitable for long-term holding.
- I agree with what you said, mate. If you have a long-term mindset as an investor in the field of the crypto space, you must have a strong mentality, especially when it comes to patience. And you shouldn't go wrong with the crypto you choose.
Because if the crypto you chose is wrong from the beginning, the time you spend waiting for the coins you chose will be a waste. That is why it is more advisable to buy cryptos that are top-listed in the market or have high market caps.
Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.Sure, people do investment and trading because they want to have financial freedom. But people must be aware to have sufficient knowledge and experience if they want to be strong holders and smart traders. Also, using safe money is the best way to make us avoid the severe losses. This way will be good for the mentality as well, it won't burden our mind if we use safe money. If we use loan money or borrowed money, we must be under pressure because we must ensure to succeed. Unfortunately, there is no guarantee for success in crypto business. This will burden our mind very much, this won't be a healthy investment or trading.
Agree with you that we should use safe money to invest in crypto, because nothing guarantees that we will be successful and the crypto market will always be volatile.Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.Sure, people do investment and trading because they want to have financial freedom. But people must be aware to have sufficient knowledge and experience if they want to be strong holders and smart traders. Also, using safe money is the best way to make us avoid the severe losses. This way will be good for the mentality as well, it won't burden our mind if we use safe money. If we use loan money or borrowed money, we must be under pressure because we must ensure to succeed. Unfortunately, there is no guarantee for success in crypto business. This will burden our mind very much, this won't be a healthy investment or trading.
Regarding people panic, it is no problem as long as people don't decide anything carelessly. The bad side of being panic is many people sell their coins for losses because they are too afraid. Unfortunately, people sometimes never try to analyze everything when there is FUDs.
One of the main considerations for you to do such thing on which on the moment that you would really be investing with crypto then always have that in mind that you should really be thatAgree with you that we should use safe money to invest in crypto, because nothing guarantees that we will be successful and the crypto market will always be volatile.Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.Sure, people do investment and trading because they want to have financial freedom. But people must be aware to have sufficient knowledge and experience if they want to be strong holders and smart traders. Also, using safe money is the best way to make us avoid the severe losses. This way will be good for the mentality as well, it won't burden our mind if we use safe money. If we use loan money or borrowed money, we must be under pressure because we must ensure to succeed. Unfortunately, there is no guarantee for success in crypto business. This will burden our mind very much, this won't be a healthy investment or trading.
Regarding people panic, it is no problem as long as people don't decide anything carelessly. The bad side of being panic is many people sell their coins for losses because they are too afraid. Unfortunately, people sometimes never try to analyze everything when there is FUDs.
Panic occurs due to lack of experience and maybe they don't use free money so they panic when they see the market going down and sell their coins at a loss. This is very unfortunate, because when investing we have to be calm and not completely believe FUD, do research and analyze the market.
Each person has to have a level of what they call much more attention, being a market speculator or simply an investor the paths are Different, and the rest can vary according to the skills, obviously the one who has a lot of money finds it easier to buy and wait because he has many things assured, on the other hand the market speculator is different because he does not care where the market goes because if it goes up or down, there he must go and win in any Direction , even in lateralities you can Win , so all this has to do with the type of personality of the trader or investor.Yes, that's right, those who have a lot of capital will be calmer, because one thing that is needed is capital, both for traders and investors. We know that investors who have very high capital, they are people who have high profits too. But this is within our capabilities of course.
We just have to choose whether we will be traders or hold longer and it must be in accordance with our skills.
Very good advice if we should buy crypto from top coins, because it is safer and more popular. Choose the top coin that is popular, I think this is very suitable for long-term holding.
Discussing mentality, maybe our mentality will be good if we have long experience.
Financial freedom, this is the main factor. If we want to become a holder, it is better to use free money and not use it in the near future. So if there is bearishness, we don't panic. I agree with you, this is a very important thing.In as much as I would loved to agree with you but I doubt if there is nothing like free money because no matter whether the money was giving to someone freely or not but it must have a great importance to the person in one way or another, don't get me wrong because I'm only saying based on my perspective about it.
There are many differences between holding and trading, but the biggest fear for me is trading risks. Since the amount of risk in trading is high so you have to take risks and be prepared to lose money while trading. There are many smart traders who are making money by trading every day and are making losses. But if you can hold for long time that will pay you enough in future. Best way is btc, eth hold them for long time and practice trading with small amount. You may lose a small amount of money but gain a lot of experience about trade.Well that's right. Trading can indeed bring greater profits, but it can also make us experience equally large losses. And that's the risk in trading. But for those who really feel they are not good at trading, becoming a holder or investor is quite a good thing. Because we only have to focus on accumulation and hold it for the time period or until the price target we want is achieved. But occasionally trading is also a good thing. Because I also do both. It's just that I don't trade as often as other people do. Because I realized that I was not very good at trading analysis. So I prefer to analyze a project fundamentally and then enter when I am sure and hold on to it until the target is achieved.
Trading and holding both have risks, but being a holder is safer because you buy when it is cheap and hold it, selling when you have achieved the target profit. I also do both, because I only choose coins that have a large daily volume for short term trading.There are many differences between holding and trading, but the biggest fear for me is trading risks. Since the amount of risk in trading is high so you have to take risks and be prepared to lose money while trading. There are many smart traders who are making money by trading every day and are making losses. But if you can hold for long time that will pay you enough in future. Best way is btc, eth hold them for long time and practice trading with small amount. You may lose a small amount of money but gain a lot of experience about trade.Well that's right. Trading can indeed bring greater profits, but it can also make us experience equally large losses. And that's the risk in trading. But for those who really feel they are not good at trading, becoming a holder or investor is quite a good thing. Because we only have to focus on accumulation and hold it for the time period or until the price target we want is achieved. But occasionally trading is also a good thing. Because I also do both. It's just that I don't trade as often as other people do. Because I realized that I was not very good at trading analysis. So I prefer to analyze a project fundamentally and then enter when I am sure and hold on to it until the target is achieved.
Trading and holding both have risks, but being a holder is safer because you buy when it is cheap and hold it, selling when you have achieved the target profit. I also do both, because I only choose coins that have a large daily volume for short term trading.
I quit trading. I'm just holding on now. Because it is very difficult to profit from trading if you are not an expert in trading. When I was in trading, when I traded, I would lose once and gain once, so when I calculated on average, there was not much profit. So i am quit trading. I now only hold DCA on a weekly basis. It gives me much more profit after long time.In fact, there will be losses in business but even if there are losses in other businesses then you can withdraw real capital. But you will lose a lot of money when you trade without knowledge. Your process is like betting on a type of gambling that you win once and then lose. But at the end of the day it will be seen that the amount of your loss is more. However at this moment you can buy the best coin at dip price so you should invest in the best token right now.
Trading and holding both have risks, but being a holder is safer because you buy when it is cheap and hold it, selling when you have achieved the target profit. I also do both, because I only choose coins that have a large daily volume for short term trading.Indeed. Holding and trading should have the risks, but the level of the risks may be different. If we are holding Bitcoin or Ethereum, it can be low risk because these coins have strong fundamentals and always be the top coins in crypto space. But when we are trading random coins, it can have a higher level of risks because the price can increase and drop very quickly and significantly. Trading top coins can be safer, but it looks difficult to get big profits. Many people prefer to choose random altcoins, it can be more profitable. But sure, the risk is higher, too.
To be honest, what is needed when trading is not only money, knowledge about cryptocurrency price movements in the market is also an important value for those who want to make a profit from the trades they make. When we have money, we have to be brave enough to take risks to make it an important experience for us. With unlimited money, it will allow us to gain more experience in the world of Cryptocurrency.Each person has to have a level of what they call much more attention, being a market speculator or simply an investor the paths are Different, and the rest can vary according to the skills, obviously the one who has a lot of money finds it easier to buy and wait because he has many things assured, on the other hand the market speculator is different because he does not care where the market goes because if it goes up or down, there he must go and win in any Direction , even in lateralities you can Win , so all this has to do with the type of personality of the trader or investor.Yes, that's right, those who have a lot of capital will be calmer, because one thing that is needed is capital, both for traders and investors. We know that investors who have very high capital, they are people who have high profits too. But this is within our capabilities of course.
We just have to choose whether we will be traders or hold longer and it must be in accordance with our skills.
Trading is often considered like gambling because there is a great chance of profit as well as loss. If a trader has no knowledge about trading then trading is equal to gambling for him. But those who do not have enough knowledge about trading can benefit if they can hold Bitcoin. I do both trading and holding. But it depends on a trader whether he trades or holds. If he wants to do trading then he must have an idea about the various issues related to trading otherwise he will lose. A trader will understand better what to do because some want to profit from trading and others from holding.I quit trading. I'm just holding on now. Because it is very difficult to profit from trading if you are not an expert in trading. When I was in trading, when I traded, I would lose once and gain once, so when I calculated on average, there was not much profit. So i am quit trading. I now only hold DCA on a weekly basis. It gives me much more profit after long time.In fact, there will be losses in business but even if there are losses in other businesses then you can withdraw real capital. But you will lose a lot of money when you trade without knowledge. Your process is like betting on a type of gambling that you win once and then lose. But at the end of the day it will be seen that the amount of your loss is more. However at this moment you can buy the best coin at dip price so you should invest in the best token right now.
Deciding to HODL shitcoins would be the worse decision anyone could take, same way as deciding to trade Bitcoin could also appear to be a very bad choice too because shitcoins are super volatile and be easily manipulated and their value could drop to zero in matter of minutes, so holding on to such asset would be at your own risk, although ETH has indeed proven to have long-term potentials too just like Bitcoin, but regardless, I don't trust any coin that's not Bitcoin no matter what it promises its investors.I quit trading. I'm just holding on now. Because it is very difficult to profit from trading if you are not an expert in trading. When I was in trading, when I traded, I would lose once and gain once, so when I calculated on average, there was not much profit. So i am quit trading. I now only hold DCA on a weekly basis. It gives me much more profit after long time.In fact, there will be losses in business but even if there are losses in other businesses then you can withdraw real capital. But you will lose a lot of money when you trade without knowledge. Your process is like betting on a type of gambling that you win once and then lose. But at the end of the day it will be seen that the amount of your loss is more. However at this moment you can buy the best coin at dip price so you should invest in the best token right now.
Agree with you, if we don't have experience and knowledge in trading, we feel like we are gambling when trading, because we need technical and fundamental analysis to be able to predict the price of the coins we will buy. but if you don't have skills and experience in trading, it's best to become a holder. Holding is also profitable but requires capital that is not used in the near future.Trading is often considered like gambling because there is a great chance of profit as well as loss. If a trader has no knowledge about trading then trading is equal to gambling for him. But those who do not have enough knowledge about trading can benefit if they can hold Bitcoin. I do both trading and holding. But it depends on a trader whether he trades or holds. If he wants to do trading then he must have an idea about the various issues related to trading otherwise he will lose. A trader will understand better what to do because some want to profit from trading and others from holding.I quit trading. I'm just holding on now. Because it is very difficult to profit from trading if you are not an expert in trading. When I was in trading, when I traded, I would lose once and gain once, so when I calculated on average, there was not much profit. So i am quit trading. I now only hold DCA on a weekly basis. It gives me much more profit after long time.In fact, there will be losses in business but even if there are losses in other businesses then you can withdraw real capital. But you will lose a lot of money when you trade without knowledge. Your process is like betting on a type of gambling that you win once and then lose. But at the end of the day it will be seen that the amount of your loss is more. However at this moment you can buy the best coin at dip price so you should invest in the best token right now.
Agree with you, if we don't have experience and knowledge in trading, we feel like we are gambling when trading, because we need technical and fundamental analysis to be able to predict the price of the coins we will buy. but if you don't have skills and experience in trading, it's best to become a holder. Holding is also profitable but requires capital that is not used in the near future.Kindly choose holding if there is no knowledge in trading. It will be too risky if we trade without proper knowledge, it is surely like gambling with crypto coins. Before we decide to trade or hold, we must ensure that we have good knowledge about them firstly. Don't think that holding doesn't require knowledge, it also needs proper knowledge. If we are holding with no good knowledge, it is probably difficult to get suitable profits as expected. Anyway, both in trading and holding, we must always use safe money.
Kindly choose holding if there is no knowledge in trading. It will be too risky if we trade without proper knowledge, it is surely like gambling with crypto coins. Before we decide to trade or hold, we must ensure that we have good knowledge about them firstly. Don't think that holding doesn't require knowledge, it also needs proper knowledge. If we are holding with no good knowledge, it is probably difficult to get suitable profits as expected. Anyway, both in trading and holding, we must always use safe money.It seems like this method is the right step when we don't have much time to look at market conditions, so that way we can make a profit. Even though this method does not guarantee that we will always make a profit, at least we don't need to monitor the exchange continuously throughout the day. We need to remember that we have to buy coins that are suitable for holding for the long term and making a very large profit.
There is no guarantee that a trader will be successful in trading even if he has knowledge and skills. Moreover, acquiring sufficient knowledge regarding trading is a matter of time and many things have to be coordinated. An experienced trader can never guarantee that he will make profit from his trading. Holding is definitely the best for someone who has little knowledge on the subject or is risk averse. A holder can always remain stress free in the ups and downs of the market which is not possible for traders. Moreover, another big advantage of holding for the long term is that there is a higher chance of getting bigger rewards.Agree with you, if we don't have experience and knowledge in trading, we feel like we are gambling when trading, because we need technical and fundamental analysis to be able to predict the price of the coins we will buy. but if you don't have skills and experience in trading, it's best to become a holder. Holding is also profitable but requires capital that is not used in the near future.Kindly choose holding if there is no knowledge in trading. It will be too risky if we trade without proper knowledge, it is surely like gambling with crypto coins. Before we decide to trade or hold, we must ensure that we have good knowledge about them firstly. Don't think that holding doesn't require knowledge, it also needs proper knowledge. If we are holding with no good knowledge, it is probably difficult to get suitable profits as expected. Anyway, both in trading and holding, we must always use safe money.
I agree with you. But we can only say that we have skills in trading if we can manage to make profit. Trading is very hard, and newbies should never underestimate it because this is the reason why most traders fail especially beginners. They thought that trading is easy after winning couple of trades but at the end of day their funds get liquidated.There is no guarantee that a trader will be successful in trading even if he has knowledge and skills. Moreover, acquiring sufficient knowledge regarding trading is a matter of time and many things have to be coordinated. An experienced trader can never guarantee that he will make profit from his trading. Holding is definitely the best for someone who has little knowledge on the subject or is risk averse. A holder can always remain stress free in the ups and downs of the market which is not possible for traders. Moreover, another big advantage of holding for the long term is that there is a higher chance of getting bigger rewards.Agree with you, if we don't have experience and knowledge in trading, we feel like we are gambling when trading, because we need technical and fundamental analysis to be able to predict the price of the coins we will buy. but if you don't have skills and experience in trading, it's best to become a holder. Holding is also profitable but requires capital that is not used in the near future.Kindly choose holding if there is no knowledge in trading. It will be too risky if we trade without proper knowledge, it is surely like gambling with crypto coins. Before we decide to trade or hold, we must ensure that we have good knowledge about them firstly. Don't think that holding doesn't require knowledge, it also needs proper knowledge. If we are holding with no good knowledge, it is probably difficult to get suitable profits as expected. Anyway, both in trading and holding, we must always use safe money.
Newbies should not underestimate trade in Crypto, they must focus on finding experience and gaining expertise in trading. Many things to learn such as fundamental and technical analysis, and many other strategies he must know in trading. It took a long time to be a professional in his field, because no one was instantly in investment
I agree with you. But we can only say that we have skills in trading if we can manage to make profit. Trading is very hard, and newbies should never underestimate it because this is the reason why most traders fail especially beginners. They thought that trading is easy after winning couple of trades but at the end of day their funds get liquidated.
Newbies should not underestimate trade in Crypto, they must focus on finding experience and gaining expertise in trading. Many things to learn such as fundamental and technical analysis, and many other strategies he must know in trading. It took a long time to be a professional in his field, because no one was instantly in investmentNewbies have lack of knowledge, it is the reason why they underestimate it. If the newbies understand it, they will never dream to be rich suddenly in trading. Most newbies who fail in trading because they think gaining money in trading easily. They don't focus on learning because they think it is not really necessary. They don't know that fundamental and technical analysis have big roles in trading. If they know it well, they will be easier to choose coins for trading and target for taking profits in a realistic way. Sure, experts also do this, they also take times and progress to achieve it.
It seems like this method is the right step when we don't have much time to look at market conditions, so that way we can make a profit. Even though this method does not guarantee that we will always make a profit, at least we don't need to monitor the exchange continuously throughout the day. We need to remember that we have to buy coins that are suitable for holding for the long term and making a very large profit.
Investing in Crypto chose the right coin and of course the entry at the right time. And being a holder is the right choice, buying and holding up to the bullish season. But for those who want a higher profit, they can buy new coins with higher risks, but need sharper experience and analytical abilities in doing new coin researchIt seems like this method is the right step when we don't have much time to look at market conditions, so that way we can make a profit. Even though this method does not guarantee that we will always make a profit, at least we don't need to monitor the exchange continuously throughout the day. We need to remember that we have to buy coins that are suitable for holding for the long term and making a very large profit.
Holding is the best option for all crypto users but for holding one have a clear mind about the coins and market situations because without knowledge it is hard to find investment as a better opportunity of earning. If our coin which we have held is profitable and trusted then our profit can be guaranteed like that of Bitcoin but if someone is more focused on new coins due to rapid advancement of price then there will always be an unsureness that this coin will show growth or not.
Top coins are the only way to hold longer and earn better but if someone has no patience and no control over his emotions then top coins can also give him nothing therefore apply the right strategies, choose the right coin if you want to be profitable from investment.
Re: Hold and trade which is best for you?I love how the op composed the question. Asking which one is best for me shows that he is aware that what works for me might not work for another person. If you are an individual that has great knowledge of cryptocurrency trading and can make money from it, just trade and make your money. But if you do not know how to trade, do not gamble it. Simply buy and hold for a very long time and sell when the price of Bitcoin rises. In whichever way, both a trader and a hodler will be making money on the long run if they do it rightly. In a nutshell, do what works for you and not what every other persons are doing.
Definitely, holding is the best choice to avoid the risk of investing in the market. Those who can choose their selected coin and buy from a dip and wait until it turns bullish can easily profit from this market. However, for coin selection, proper decision must be taken. Bitcoin is the best long-term investment Those who hold Bitcoin may not be profitable in the short-term but will have the opportunity to make guaranteed long-term gains that may not be possible with other coins. Moreover, the halving of Bitcoin every four years also contributes to the increase in Bitcoin price. Sometimes the price increase is not immediate, but the market will definitely be bullish in the future.Investing in Crypto chose the right coin and of course the entry at the right time. And being a holder is the right choice, buying and holding up to the bullish season. But for those who want a higher profit, they can buy new coins with higher risks, but need sharper experience and analytical abilities in doing new coin researchIt seems like this method is the right step when we don't have much time to look at market conditions, so that way we can make a profit. Even though this method does not guarantee that we will always make a profit, at least we don't need to monitor the exchange continuously throughout the day. We need to remember that we have to buy coins that are suitable for holding for the long term and making a very large profit.
Holding is the best option for all crypto users but for holding one have a clear mind about the coins and market situations because without knowledge it is hard to find investment as a better opportunity of earning. If our coin which we have held is profitable and trusted then our profit can be guaranteed like that of Bitcoin but if someone is more focused on new coins due to rapid advancement of price then there will always be an unsureness that this coin will show growth or not.
Top coins are the only way to hold longer and earn better but if someone has no patience and no control over his emotions then top coins can also give him nothing therefore apply the right strategies, choose the right coin if you want to be profitable from investment.
Investing in Crypto chose the right coin and of course the entry at the right time. And being a holder is the right choice, buying and holding up to the bullish season. But for those who want a higher profit, they can buy new coins with higher risks, but need sharper experience and analytical abilities in doing new coin research
Yes, if we don't have the expertise and experience in doing research in new coins, we should not try it because the risk is so big. Choose a safe coin, of course the top coin because of its reputation is proven. Bitcoin, Ethereum, BNB, Solana and maybe we can also buy there and rippleInvesting in Crypto chose the right coin and of course the entry at the right time. And being a holder is the right choice, buying and holding up to the bullish season. But for those who want a higher profit, they can buy new coins with higher risks, but need sharper experience and analytical abilities in doing new coin research
Coin selection is the main thing after which we should wait for the proper timing when there happens decrease in the value of coin then we have to make entry but if we are buying at higher worth then it is also necessary that we have to increase our wait because with higher buying value the target should also be higher to sell it otherwise it will not be a worthy decision of investment.
Newbies often make a dream of earning quickly but they cannot earn quickly because they choose new coins while they have no idea on which characteristics they have to choose their coin so I think the risk of new coins can only be taken by experts but newbies should avoid this thing.
Both things are valuable and profitable in the cryptocurrency world. One takes a lot of time and patience, while the other is a quick way to mark your profit and loss in a single day. It varies depending on the understanding levels; some people use day trading to earn money, while others use investment and wait for years. In trading, you can make small profits, but if you hodl, you can earn more money. Some people want small and quick money, while others want to earn more, so they show patience and that's why they earn more.Both short and medium term trading with long term holding are good methods for making profits, it all depends on your ability to invest. Daily trading requires time and focus, while long-term holding requires patience. If you are a professional trader, you would definitely prefer to be a trader, because you can make a profit every day.
Both things are valuable and profitable in the cryptocurrency world. One takes a lot of time and patience, while the other is a quick way to mark your profit and loss in a single day. It varies depending on the understanding levels; some people use day trading to earn money, while others use investment and wait for years. In trading, you can make small profits, but if you hodl, you can earn more money. Some people want small and quick money, while others want to earn more, so they show patience and that's why they earn more.
You were right to say that btc is the best coin for holding for long term. It is always best idea to not exit without profit from the market. But as you said we have to select to and best coin which has much and more potentially to give you a good return and surely need to be a trusted coin or token. It's also necessary to take your entry on good point as well need to have a good plan where you can exit. If you fail to do that you will be on loss. So more wise for coin selection and planning always for getting your profit.Definitely, holding is the best choice to avoid the risk of investing in the market. Those who can choose their selected coin and buy from a dip and wait until it turns bullish can easily profit from this market. However, for coin selection, proper decision must be taken. Bitcoin is the best long-term investment Those who hold Bitcoin may not be profitable in the short-term but will have the opportunity to make guaranteed long-term gains that may not be possible with other coins. Moreover, the halving of Bitcoin every four years also contributes to the increase in Bitcoin price. Sometimes the price increase is not immediate, but the market will definitely be bullish in the future.Investing in Crypto chose the right coin and of course the entry at the right time. And being a holder is the right choice, buying and holding up to the bullish season. But for those who want a higher profit, they can buy new coins with higher risks, but need sharper experience and analytical abilities in doing new coin researchIt seems like this method is the right step when we don't have much time to look at market conditions, so that way we can make a profit. Even though this method does not guarantee that we will always make a profit, at least we don't need to monitor the exchange continuously throughout the day. We need to remember that we have to buy coins that are suitable for holding for the long term and making a very large profit.
Holding is the best option for all crypto users but for holding one have a clear mind about the coins and market situations because without knowledge it is hard to find investment as a better opportunity of earning. If our coin which we have held is profitable and trusted then our profit can be guaranteed like that of Bitcoin but if someone is more focused on new coins due to rapid advancement of price then there will always be an unsureness that this coin will show growth or not.
Top coins are the only way to hold longer and earn better but if someone has no patience and no control over his emotions then top coins can also give him nothing therefore apply the right strategies, choose the right coin if you want to be profitable from investment.
Both short and medium term trading with long term holding are good methods for making profits, it all depends on your ability to invest. Daily trading requires time and focus, while long-term holding requires patience. If you are a professional trader, you would definitely prefer to be a trader, because you can make a profit every day.Short, medium, and long term trading/investment are some ways to earn profits in crypto. All of them are okay as long as we know well how to trade/invest properly. Professional traders/investors probably choose more than 1 type trading/investing, they know well the way to earn money in crypto. So they will try to earn money from several sectors. However, if we are still beginners, just focus on 1 type of trading/investing because it will be more effective for us.
Yes, if we don't have the expertise and experience in doing research in new coins, we should not try it because the risk is so big. Choose a safe coin, of course the top coin because of its reputation is proven. Bitcoin, Ethereum, BNB, Solana and maybe we can also buy there and ripple
Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.And even both can be done simultaneously. If we are ready to take the risk. And if we really have enough insight into this matter. I also trade sometimes. but I also invest. The point is that we really need long-term profits and also need short-term profits. The most important thing is that we don't become people who panic easily when the market experiences a correction and we don't become people who have FOMO when the market rises quickly.
Yes, why would really be needing up to choose if we could really be able to actually do both things? You would really be making short trades to make your long term bag will really be added up or would really be making some accumulation, but of course it will really be totally be basing up or depending into someones capability or skills because not all will really be having that kind of skill and knowledge towards shorter trades and this is the main reason on why they are planning to hold in the end just because they cant be able to bare up or handle up the risks.Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.And even both can be done simultaneously. If we are ready to take the risk. And if we really have enough insight into this matter. I also trade sometimes. but I also invest. The point is that we really need long-term profits and also need short-term profits. The most important thing is that we don't become people who panic easily when the market experiences a correction and we don't become people who have FOMO when the market rises quickly.
Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.Hold and Trade are 2 main ways to manage the crypto coins. People who want to get huge profits but they have no much time to trade, they prefer to choose holding (investment). In this way, people hold potential coins which can grow their prices significantly in the future. But the coins must be strong coins, the coins which have the chance to survive a long time. Meanwhile for people who try to get faster profits, they will choose trading. But this way requires enough time for trading, it needs time to analyze the coins very often. Even, some people do daytrading, they analyze coins and take profits every day. Well, both can be profitable, it depends on which one will be suitable for us.
Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.Hold and Trade are 2 main ways to manage the crypto coins. People who want to get huge profits but they have no much time to trade, they prefer to choose holding (investment). In this way, people hold potential coins which can grow their prices significantly in the future. But the coins must be strong coins, the coins which have the chance to survive a long time. Meanwhile for people who try to get faster profits, they will choose trading. But this way requires enough time for trading, it needs time to analyze the coins very often. Even, some people do daytrading, they analyze coins and take profits every day. Well, both can be profitable, it depends on which one will be suitable for us.
Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.To become a trader, we must have skills in trading. Sure, if we want to be a trader, we also need to have ability in analysis. It is because we will be very often analyzing which coins to buy for trading. If we have no good analysis, we may choose bad coins for trading. Choosing bad coins, probably lead to losses because they may drop their prices severely. Bad coins also can be dead coins, or it may be difficult to increase again.
Investment can also be in short terms because investors do have their different goals but due to market fluctuations, it becomes a challenge for short term Investors to get their profits in the short while so some considers venturing of long term while given the volatilities chances for profits to come.Trading doesn't always make us profitable because sometimes we also experience losses, this is what usually happens. I also do it every day and get small profits because the capital I use to trade is not much. I put large capital for long-term holding, not for daily trading, because I am not a professional trader.
Trading involves more technical knowledges because traders could trade on daily basis and it also requires the traders to understand that sometimes they trade of buying and selling is not assured of daily profits because they would be lost some days.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
to be a hoder or trader must have knowledge, because in investing both as a trader and holder must buy at the right time and determine the selling target. knowledge is very much needed and also experience. For a trader must have expertise, because trading is riskier.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
when comparing trading and investing, you need first consider their level of risk, and from my knowledge, trading has a bigger risk than investing. My advise especially to newbies is they should invest in Bitcoin because it is the first and most well known cryptocurrency with less risk, but the most importantly is to have the knowledge of both holding and trading.
I don't know if I have already proposed this site here or elsewhere,It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA. With that I can be able to te how much is in my portfolio and periodically I reassess my DCA strategy and look at how my is in my portfolio, if I am to continue to tweak to another way of accumulating bitcoin which is I might mix it with lump sum. The best way to calculate your average bitcoin is to use 200MWA to know if you are in profit or not, because with DCA you buy bitcoin at the highest and lowest price of the market.I don't know if I have already proposed this site here or elsewhere,It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com
Actually the DCA method is good if we have a steady income to add to our bitcoin collection, but if we only buy when there is income that is also good. because I also make purchases if I get a profit from trading, because my weekly profit is also uncertain, sometimes I experience losses in trading,I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA. With that I can be able to te how much is in my portfolio and periodically I reassess my DCA strategy and look at how my is in my portfolio, if I am to continue to tweak to another way of accumulating bitcoin which is I might mix it with lump sum. The best way to calculate your average bitcoin is to use 200MWA to know if you are in profit or not, because with DCA you buy bitcoin at the highest and lowest price of the market.I don't know if I have already proposed this site here or elsewhere,It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com
I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA.You are right, when you are in the middle of the DCA process, any calculator is not really needed. You just focus on your regular purchases. In your case, it seems like it is not DCA, more like Value Averaging. It is not suitable to be applied to DCA tools because the purchase amount is not fixed. Comparison of your purchasing scheme as follows:
I don't know if I have already proposed this site here or elsewhere,It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com
Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.When we are newbie, we have no abilities. How we choose it based on ability? I think it is based on our interest. Ability can be obtained from learning, trading or investing can be learned. We can be a trader or investor if we learn about trading/investing. However, we also need to learn the fundamental things about crypto, such as the historical of crypto and other things. Sure, we also need to have the ability of doing analysis or having a research. To choose coins and determined the goals, it requires deep analysis/research. So, we don't make a mistake.
If we are still beginners, we should choose to become a holder and start learning to trade with small funds to understand the crypto market and the character of the coins we choose, while learning to carry out both fundamental and technical analysis. because if we don't start learning, we won't have experience and knowledge.Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.When we are newbie, we have no abilities. How we choose it based on ability? I think it is based on our interest. Ability can be obtained from learning, trading or investing can be learned. We can be a trader or investor if we learn about trading/investing. However, we also need to learn the fundamental things about crypto, such as the historical of crypto and other things. Sure, we also need to have the ability of doing analysis or having a research. To choose coins and determined the goals, it requires deep analysis/research. So, we don't make a mistake.
If we are still beginners, we should choose to become a holder and start learning to trade with small funds to understand the crypto market and the character of the coins we choose, while learning to carry out both fundamental and technical analysis. because if we don't start learning, we won't have experience and knowledge.Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.When we are newbie, we have no abilities. How we choose it based on ability? I think it is based on our interest. Ability can be obtained from learning, trading or investing can be learned. We can be a trader or investor if we learn about trading/investing. However, we also need to learn the fundamental things about crypto, such as the historical of crypto and other things. Sure, we also need to have the ability of doing analysis or having a research. To choose coins and determined the goals, it requires deep analysis/research. So, we don't make a mistake.
Agree, if you want to invest and don't report, you can hold for the long term. but many beginners try to trade without having the knowledge and skills, which makes them lose their funds. Do trading carefully and start learning to gain experience. We can do both trading and holding at the same time.
- For me, if you can do it at the same time, it's good, but if you're really a beginner, as you mentioned mate, it's right to do it that way first. Don't rush to match them.
And when the right time comes that you can do trading activity, do it all at once little by little, but if you really don't want the hassle, just hold long-term.
Yes, as a beginners one needs to learn and in this regard trading will definitely be difficult for him until he knows about trading knowledge. On the other hand, trading is a very easy task for those who know about trading, but profiting is not easy. Both hold and trade I think holding is quite a profitable business but holding usually requires a long wait. But those who trade earn little money regularly.If we are still beginners, we should choose to become a holder and start learning to trade with small funds to understand the crypto market and the character of the coins we choose, while learning to carry out both fundamental and technical analysis. because if we don't start learning, we won't have experience and knowledge.Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.When we are newbie, we have no abilities. How we choose it based on ability? I think it is based on our interest. Ability can be obtained from learning, trading or investing can be learned. We can be a trader or investor if we learn about trading/investing. However, we also need to learn the fundamental things about crypto, such as the historical of crypto and other things. Sure, we also need to have the ability of doing analysis or having a research. To choose coins and determined the goals, it requires deep analysis/research. So, we don't make a mistake.
I prefer holding, I buy coins which I think are good and continue holding them for indefinite amount of time. Some give good profit, some go bust.
This is also reason why short term crashes do not affect me.
If we are still beginners, we should choose to become a holder and start learning to trade with small funds to understand the crypto market and the character of the coins we choose, while learning to carry out both fundamental and technical analysis. because if we don't start learning, we won't have experience and knowledge.
I prefer holding, I buy coins which I think are good and continue holding them for indefinite amount of time. Some give good profit, some go bust.
This is also reason why short term crashes do not affect me.
Haha, TBH buddy in the current market you dont have the options you need to hold as for the spot market traders there's no possible position. I would like to put some more words on it as trading in such an uncertain market, especially a warning for the leverage trader, I'm not sure did people follow or not almost around $1B market liquidations happening in these days.
Yeah, and that is the truth, we really know what coins is going to be successful or bust in the future, but there could be some that we hold and believed that it will go up in the bull run and then nothing happens. But then they are solid coins that keeps on pushing and then suddenly makes a break out run and we all make a lot of profits.
That's why crypto is not for everyone, others doesn't want to hold and take a risk and doesn't have the mentality to be in the bigger picture, in the long run. And so they won't make a good investor. But majority of us here, with the experiences knows that it's better to be a Bitcoin holder.
Yeah, and that is the truth, we really know what coins is going to be successful or bust in the future, but there could be some that we hold and believed that it will go up in the bull run and then nothing happens. But then they are solid coins that keeps on pushing and then suddenly makes a break out run and we all make a lot of profits.Experience speaks volumes in this regard, for those of us who have been holding bitcoin for a long time, when something undesirable happens we will be calmer because we know what to do, and we will be patient to see the increase again.
That's why crypto is not for everyone, others doesn't want to hold and take a risk and doesn't have the mentality to be in the bigger picture, in the long run. And so they won't make a good investor. But majority of us here, with the experiences knows that it's better to be a Bitcoin holder.
I prefer holding, I buy coins which I think are good and continue holding them for indefinite amount of time. Some give good profit, some go bust.
This is also reason why short term crashes do not affect me.
Haha, TBH buddy in the current market you dont have the options you need to hold as for the spot market traders there's no possible position. I would like to put some more words on it as trading in such an uncertain market, especially a warning for the leverage trader, I'm not sure did people follow or not almost around $1B market liquidations happening in these days.
Yeah, and that is the truth, we really know what coins is going to be successful or bust in the future, but there could be some that we hold and believed that it will go up in the bull run and then nothing happens. But then they are solid coins that keeps on pushing and then suddenly makes a break out run and we all make a lot of profits.
That's why crypto is not for everyone, others doesn't want to hold and take a risk and doesn't have the mentality to be in the bigger picture, in the long run. And so they won't make a good investor. But majority of us here, with the experiences knows that it's better to be a Bitcoin holder.
I think arbitraging is the best. Because chances of losses is very low. I made 11k usdt yesterday by arbitragingWell, i am not disputing the possibility of making substantial sums from arbitrage trading, having made some good amount of money (a few hundreds of dollars actually) from arbitrage trading myself, I know the potentials in this trading type, but to be honest with you, particularly focusing on arbitrage trading can be very frustrating at times because, this is not something that presents itself every day, specially in times when the market volatility is low, one can go weeks and even months without finding a good arbitrage opportunity any where, in the end, you will have to still do normal trading where there is always the risk of losing.
I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. :D
And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.
I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. :DAnd in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.
I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. :DAnd in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.
It's not just a careless way but they are eagerly want to earn instant profit but they doing it in the wrong way which is why they end up losing their capital and they thought that crypto is a scam. They don't know actually how crypto works if they trade on forex they should know there's not so much different if you trade with fiat.
Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.
People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.
Many fail to determine what is truly appropriate. Choosing a good project also requires knowledge. I have seen many investors who invest based on luck without doing any research and then they don't get significant returns from those investments. Which project is good, What is the best time for investment or potential at that moment one should know about the fact before investment. For those who do not want to give importance to such knowledge, it is better to hold.I prefer holding, I buy coins which I think are good and continue holding them for indefinite amount of time. Some give good profit, some go bust.
This is also reason why short term crashes do not affect me.
Haha, TBH buddy in the current market you dont have the options you need to hold as for the spot market traders there's no possible position. I would like to put some more words on it as trading in such an uncertain market, especially a warning for the leverage trader, I'm not sure did people follow or not almost around $1B market liquidations happening in these days.
Yeah, and that is the truth, we really know what coins is going to be successful or bust in the future, but there could be some that we hold and believed that it will go up in the bull run and then nothing happens. But then they are solid coins that keeps on pushing and then suddenly makes a break out run and we all make a lot of profits.
That's why crypto is not for everyone, others doesn't want to hold and take a risk and doesn't have the mentality to be in the bigger picture, in the long run. And so they won't make a good investor. But majority of us here, with the experiences knows that it's better to be a Bitcoin holder.
- I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.
And in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing. The capital they use to buy a crypto that they think has potential turns out not to be.
Both are very important to note, Even we also need quite a long time to get maximum results. Keep in mind that investing is not as easy as we imagine. Sometimes we also have to be careful not to be affected by market conditions that suddenly collapse.I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.I agree that cryptocurrency is not for everyone; rather, it is for people who will take the time to learn about it and know how to do research to determine if it really has potential in the future.Actually crypto is for everyone, but people who don't want to learn it will be difficult to understand it properly. They probably will end up with losses because they invest or trade in crypto with careless way. Instead of losing money, it's better not joining crypto. When they get losses, they will blame crypto. Many of them claimed crypto is a big scam. :DAnd in reality, the majority of communities fail to enter this field of the crypto space because they don't study first, so the result always ends up being nothing.Crypto is high risk. People who don't know crypto, they can't invest or trade properly. It is actually normal if they get losses. Yep, without knowledge, it is not recommended to join crypto. Only people who want to learn crypto and have a good motivation, they can join crypto.
It's not just a careless way but they are eagerly want to earn instant profit but they doing it in the wrong way which is why they end up losing their capital and they thought that crypto is a scam. They don't know actually how crypto works if they trade on forex they should know there's not so much different if you trade with fiat.
Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.
People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.
It is better to do both hold and trade, if you have experience and expertise. And as you said both should be considered. But if you have a busy life in the real world, long term hold is the best choice. I also have a busy life in the real world but still have a little time to trade.
Both are very important to note, Even we also need quite a long time to get maximum results. Keep in mind that investing is not as easy as we imagine. Sometimes we also have to be careful not to be affected by market conditions that suddenly collapse.
...I set the leverage at 8, and I have a loss of $40k, if bitcoin drops below 40k I lose my $90
Doing both could be a good solution, perhaps hold 70% of the funds you have available and trade with the remaining 30%. Unfortunately, you need to be really experienced and know how to set take profits and stop losses well, from what I have read in some how-tos. I am far from really understanding anything. But probably is good solution, anyone do it?Your plan is good and I support your plan. Knowing that holding is safe for us, we cannot hold because we do not have that patience. And in order to increase this patience, we have to keep ourselves busy on something else, if we train on a small scale, such as holding 70% of the total budget and trading with the remaining 30%, we will be experienced on both sides and always keep the holding. I am comfortable with holding because I have a lot of losing experience in trading so now I want to avoid trading. But I can't avoid it completely so I trade sometimes
I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.Yes, patience is important part in crypto investment. We must have patience besides we must have good knowledge and experience. It will be nothing if we are experienced and have good knowledge but we have no patience. Holding crypto coins will be never easy because of too many FUDs. That's why we must have good patience, too. When the market is in red, patience will have a big role at that time because we will see too many bad news. Besides we must have good analysis, it is also necessary to have good mentality.
FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.I agree with what you said investing in crypto requires patience because we must have knowledge and experience there. If the market goes down, we must stay calm and hold our coins waiting for the market to recover. It is not easy to get rich with crypto, I also lost my capital when learning to trade in crypto, and that made me more careful in doing analysis.Yes, patience is important part in crypto investment. We must have patience besides we must have good knowledge and experience. It will be nothing if we are experienced and have good knowledge but we have no patience. Holding crypto coins will be never easy because of too many FUDs. That's why we must have good patience, too. When the market is in red, patience will have a big role at that time because we will see too many bad news. Besides we must have good analysis, it is also necessary to have good mentality.
Losing in trading is pretty normal at first when I don't have much knowledge about trading I honestly lost my first capital until I learned to be patience and only invest in the right opportunity just like what happened to bitcoin recently it touched $52k which I know the dip price compared on the past months it's actually a triple bottom it's possible signal for upcoming new ATH.Agree. Losing is normal if we have lack of knowledge. How we can trade properly if we have no enough knowledge. ;D
People should learn first how crypto works they should change their mindset that investing in crypto is not a quick rich scheme trading in crypto needs patience and motivation and don't be greedy.Yep. That's why it is important to focus on learning first. I don't know why there are many newbies who try to get money as quick as possible. They think it is easy to get profits in crypto trading. In fact, they only get losses and quit very early. :D
FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.Very true. There will be always FUDs, we can't avoid the FUDs. That's why we must have good mentality and have sufficient knowledge. In this way, we can understand it well, so we won't feel panic. Patience has a big role to determine the success in investment. If someone has no patience, he surely will be easy to quit from crypto investment. We must be aware that crypto investment is not for people who have no patience.
I agree with you because cryptocurrency markets will always have FUB. I do not understand anything, I understand a little bit. From there I can say that you must be patient to invest in crypto currency Patience is very important in trading.FUD will always be there, and if we don't have patience we will panic and can experience losses due to making wrong decisions. As I said before, patience is the key to success for us as crypto investors. Because you will always read and hear news, both good news and bad news.Very true. There will be always FUDs, we can't avoid the FUDs. That's why we must have good mentality and have sufficient knowledge. In this way, we can understand it well, so we won't feel panic. Patience has a big role to determine the success in investment. If someone has no patience, he surely will be easy to quit from crypto investment. We must be aware that crypto investment is not for people who have no patience.
I agree with you because cryptocurrency markets will always haveFUB or FUD?FUBFUD. I do not understand anything, I understand a little bit. From there I can say that you must be patient to invest in crypto currency Patience is very important in trading.
I agree with you because cryptocurrency markets will always have FUB. I do not understand anything, I understand a little bit.FUD is what you're trying to say and you don't have to understand the entirely of it. That only means that there are bad news in the market to send it down.
From there I can say that you must be patient to invest in crypto currency Patience is very important in trading.This is true.
As an experienced trader earns a lot of money by trading daily.Experienced holders also earn a lot of money from their holding activities... everyone who is experienced and has expertise, I think will have a good income, because they have a better chance of utilizing the existing potential...
point of main, holding need long time but trading is short time which you can make money everyday from trading.that's right, before starting to trade crypto we must have a lot of knowledge about trading and have a lot of the latest crypto news... I think now is the time to trade and seek profit every day because currently the price of coins is fluctuating, this is our chance to seek profit per day. but we must manage our assets so that we don't fall into losses.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
if you are good at reading market movements then it is better to trade now so that every day you have income in your wallet and you can turn the money back into coins for example. when you hold it must take a long time so that your time is wasted and there is no income at all in your savings.To be able to read the price movement conditions in the market is not as easy as you imagine. We must have knowledge about market conditions and know some trading methods that are often used by professional traders. In my opinion, as long as we have a very high desire to learn, wasting time learning is not in vain. So far, if trading is only random and does not match some existing methods or strategies, it will be difficult to make a profit.
but the current condition in my opinion is good to trade and if you trade you must be alert to monitor the market so that you do not miss a good moment.
People who learn trading must have basic analytical knowledge about trading, we cannot just be careless in trading. Because the crypto market is not easy to predict, especially if a negative issue suddenly attacks. When I trade, I use several coins to increase my chances of winning, because we have to know which coins have potential for trading.if you are good at reading market movements then it is better to trade now so that every day you have income in your wallet and you can turn the money back into coins for example. when you hold it must take a long time so that your time is wasted and there is no income at all in your savings.To be able to read the price movement conditions in the market is not as easy as you imagine. We must have knowledge about market conditions and know some trading methods that are often used by professional traders. In my opinion, as long as we have a very high desire to learn, wasting time learning is not in vain. So far, if trading is only random and does not match some existing methods or strategies, it will be difficult to make a profit.
but the current condition in my opinion is good to trade and if you trade you must be alert to monitor the market so that you do not miss a good moment.
There are many methods used for trading, I prefer spot trading because this is what I think suits me who has a busy life in the real world. There are many things to learn in trading, because we have to do analysis and always observe the market. We know the crypto market is always volatile.
People who learn trading must have basic analytical knowledge about trading, we cannot just be careless in trading. Because the crypto market is not easy to predict, especially if a negative issue suddenly attacks. When I trade, I use several coins to increase my chances of winning, because we have to know which coins have potential for trading.
People who learn trading must have basic analytical knowledge about trading, we cannot just be careless in trading. Because the crypto market is not easy to predict, especially if a negative issue suddenly attacks. When I trade, I use several coins to increase my chances of winning, because we have to know which coins have potential for trading.Crypto market not easy for predicting and make us must be be careful when trading or investing assets in some cryptocurrency coins, but need patience waiting right time when huge correction will give us bigger opportunity take much profit. Trading with several altcoin kinds to get large increasing profitable is not wrong when some one put the eggs not only in one bracket.
Actually we don't need to trade too many coins if we don't have much time to focus on trading and doing research. I only choose 5 coins that according to my research are potential and trade them. because understanding the character of a coin is not easy especially if suddenly the market experiences a big correction and dump, we don't have time to save our coins if we trade too many coins, unless we have a long-term hold plan we can choose many coins to increase the chances of getting profit.People who learn trading must have basic analytical knowledge about trading, we cannot just be careless in trading. Because the crypto market is not easy to predict, especially if a negative issue suddenly attacks. When I trade, I use several coins to increase my chances of winning, because we have to know which coins have potential for trading.Crypto market not easy for predicting and make us must be be careful when trading or investing assets in some cryptocurrency coins, but need patience waiting right time when huge correction will give us bigger opportunity take much profit. Trading with several altcoin kinds to get large increasing profitable is not wrong when some one put the eggs not only in one bracket.
But this trading way make us have learn more for analyzing with how many kinds altcoin to trade, if trade only two or three coins just research about three coins only but if want trade more we must research more coins if avoid from loss and have chance earn bigger profitable.
Choose some coins that you think have potential and you understand the character of the coins after doing research and making both fundamental and technical analysis. About the number of coins you can choose 5 or more depending on your ability to monitor the market.Actually we don't need to trade too many coins if we don't have much time to focus on trading and doing research. I only choose 5 coins that according to my research are potential and trade them. because understanding the character of a coin is not easy especially if suddenly the market experiences a big correction and dump, we don't have time to save our coins if we trade too many coins, unless we have a long-term hold plan we can choose many coins to increase the chances of getting profit.People who learn trading must have basic analytical knowledge about trading, we cannot just be careless in trading. Because the crypto market is not easy to predict, especially if a negative issue suddenly attacks. When I trade, I use several coins to increase my chances of winning, because we have to know which coins have potential for trading.Crypto market not easy for predicting and make us must be be careful when trading or investing assets in some cryptocurrency coins, but need patience waiting right time when huge correction will give us bigger opportunity take much profit. Trading with several altcoin kinds to get large increasing profitable is not wrong when some one put the eggs not only in one bracket.
But this trading way make us have learn more for analyzing with how many kinds altcoin to trade, if trade only two or three coins just research about three coins only but if want trade more we must research more coins if avoid from loss and have chance earn bigger profitable.
FUB or FUD? True, FUD will always exist in crypto. It is a part of the reality in crypto, FUD or bad news will always come and go. How to deal with the FUD? We don't only need to be patience, we also need to be smart and have good knowledge. If we have enough knowledge, we know the FUD won't bring impact anything for the long run. People who have lack of knowledge, they will easily panic and sell for losses because they doubt with the future.I agree with you because cryptocurrency markets will always haveFUB or FUD?FUBFUD. I do not understand anything, I understand a little bit. From there I can say that you must be patient to invest in crypto currency Patience is very important in trading.
True, FUD will always exist in crypto. It is a part of the reality in crypto, FUD or bad news will always come and go. How to deal with the FUD? We don't only need to be patience, we also need to be smart and have good knowledge. If we have enough knowledge, we know the FUD won't bring impact anything for the long run. People who have lack of knowledge, they will easily panic and sell for losses because they doubt with the future.
FUB or FUD? True, FUD will always exist in crypto. It is a part of the reality in crypto, FUD or bad news will always come and go. How to deal with the FUD? We don't only need to be patience, we also need to be smart and have good knowledge. If we have enough knowledge, we know the FUD won't bring impact anything for the long run. People who have lack of knowledge, they will easily panic and sell for losses because they doubt with the future.I agree to be able to fight FUD we must have knowledge and patience in dealing with FUD. Because FUD will always be there, but if we are smart and always calm FUD will not make us panic. We will always focus on dealing with it. Maybe we have been investing in crypto for a long time and have often experienced FUD attacks
If you do not trade because you choose to be a Holder, it is also a good choice, especially for those who have a lot of activities in the real world, because trading requires focus to always make analysis and observe the market. Being a holder can make us more comfortable investing in crypto without disturbing our real world activities.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
I don't do trading there's a lot of complication attached to it, you need to spend time and monitor charts for coins to trade for you to yield profit, I prefer the much easier way and that is through investing in the right coin, and just HODL its more preferable because there are a lot of news and updates on the every coin that you're investing you just need to get yourself update if the coins you're investing is good and if progress and development is continuing, but only invest in the top coins in the market avoid coins/tokens that thrives on shill and false marketing.
Being a holder or a trader is a choice for every investor in crypto, because it is in accordance with each strategy in getting investment profits. If you are busy in the real world, you can choose to be a holder. but in my opinion you can also do spot trading for medium term when you are free.
If you do not trade because you choose to be a Holder, it is also a good choice, especially for those who have a lot of activities in the real world, because trading requires focus to always make analysis and observe the market. Being a holder can make us more comfortable investing in crypto without disturbing our real world activities.
Sometimes things are good when bitcoin for example, is in Hodl mode, there are some who only have it in that mode and it is respectable, what you should have most is that liveliness or cunning to know in what moment you should sell because you are fully confident that the price will drop again and you will buy but this time more satoshis because you took advantage of the market, even to reach that level you have to be a lot of skill in the market, but that is actually what many traders always look for, it is good to leave a part just for trading and another part of bitcoin just to keep it in hodl, for me it is the best.I use both methods, both holding some of my bitcoins and trading them, because I need weekly profits for living expenses and also to increase my crypto assets. I have a main job in the real world, but the needs of my wife and children are also high.
I use both methods, both holding some of my bitcoins and trading them, because I need weekly profits for living expenses and also to increase my crypto assets. I have a main job in the real world, but the needs of my wife and children are also high.I understand very well what you say, however it is good to apply everything you do, the common work that is outside of crypto helps a lot, but with the Bitcoin market it is something else, I do not say it when it is in Hodl mode, but it is a bit dangerous when risking in the market and speculating in the market, when we have the correct vision and we make money, it is spectacular, the bad thing is that if we get wrong and lose money, sometimes operating to win can lead us to errors, I just hope that your operations are successful so that you can get money out of the market.
Sometimes things are good when bitcoin for example, is in Hodl mode, there are some who only have it in that mode and it is respectable, what you should have most is that liveliness or cunning to know in what moment you should sell because you are fully confident that the price will drop again and you will buy but this time more satoshis because you took advantage of the market, even to reach that level you have to be a lot of skill in the market, but that is actually what many traders always look for, it is good to leave a part just for trading and another part of bitcoin just to keep it in hodl, for me it is the best.I use both methods, both holding some of my bitcoins and trading them, because I need weekly profits for living expenses and also to increase my crypto assets. I have a main job in the real world, but the needs of my wife and children are also high.
Actually, it doesn't require a large capital to be able to hold and trade, because we can start with a small capital, if we consistently buy during the bearish season with the DCA method and trade to get daily profits, where we use that profit to buy potential coins, during the bullish season our crypto assets will be even bigger. so something big comes from something small first.Sometimes things are good when bitcoin for example, is in Hodl mode, there are some who only have it in that mode and it is respectable, what you should have most is that liveliness or cunning to know in what moment you should sell because you are fully confident that the price will drop again and you will buy but this time more satoshis because you took advantage of the market, even to reach that level you have to be a lot of skill in the market, but that is actually what many traders always look for, it is good to leave a part just for trading and another part of bitcoin just to keep it in hodl, for me it is the best.I use both methods, both holding some of my bitcoins and trading them, because I need weekly profits for living expenses and also to increase my crypto assets. I have a main job in the real world, but the needs of my wife and children are also high.
If you have a large capital, you can do both hold for the long term and trade. You can do both to make a profit because trading is not always profitable, sometimes we will also suffer losses from trading. I also buy bitcoin with the DCA method from trading results, although it is not big but I want to add to my crypto assets before the bullish season because I want to build a house after the bullish season so I need a lot of money.
trade I'm trying it, you can potentially make a lot more money if you always winTrading is a way to manage our crypto assets by minimizing losses and as many people say trading is difficult, I also experienced several defeats like you after winning, then losing deeper. And that's trading, we have to increase the chances of winning.e]
but if you lose even just one big trade you go down a lot
I started with $100, I reached $140 and then halved it to $70 due to a wrong trade
not bad, it's just a test and therefore a game but if I think about using it seriously, I don't know if I would be able... better to make hold much easier
Being a holder or a trader is a choice for every investor in crypto, because it is in accordance with each strategy in getting investment profits. If you are busy in the real world, you can choose to be a holder. but in my opinion you can also do spot trading for medium term when you are free.Of course, it is a choice but it can be done both. If we want to optimize the chance for profits, it is better to do both trading and investing. We don't need to trade every time, even we don't need to be a day trader. We can trade every time we have free time. So, it shouldn't bother our jobs in real life. However, if you are very busy in real life, it is no problem to focus on investment only. It is up to you that you want to choose trading or investing only.
Trading is a way to manage our crypto assets by minimizing losses and as many people say trading is difficult, I also experienced several defeats like you after winning, then losing deeper. And that's trading, we have to increase the chances of winning.e]
Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.Trading is a way to manage our crypto assets by minimizing losses and as many people say trading is difficult, I also experienced several defeats like you after winning, then losing deeper. And that's trading, we have to increase the chances of winning.e]
It's not really like that, it's not that easy to trade. You need to have a lot of experience rather than knowing technical analysis.
While holding is very simple. You take the satoshi, put them in your wallet and you don't have to think about it anymore.
Clearly the gain is in not losing your savings, you don't become rich.
Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.IMO not only trading, investing also requires knowledge and experience. There is no problem that we have no experience yet, but it is a must to have proper knowledge. All beginners must have no experience, they can get the experience gradually by doing trading. Or they can get it by reading other people's stories. Sure, everyone has a chance to be a professional trader.
Hold is the safest way, but the profit is not as big as we do daily trading
Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.
Hold is the safest way, but the profit is not as big as we do daily trading
you are right in investing not only trading as a holder we also need knowledge and experience and we can find it gradually by learning trading so that we can get it all. Everything can be learned if we have the intention for it because everything needs a process. To become a professional trader requires sufficient expertise and experience of course it takes a long time to be able to get it all.Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.IMO not only trading, investing also requires knowledge and experience. There is no problem that we have no experience yet, but it is a must to have proper knowledge. All beginners must have no experience, they can get the experience gradually by doing trading. Or they can get it by reading other people's stories. Sure, everyone has a chance to be a professional trader.
Hold is the safest way, but the profit is not as big as we do daily trading
Trading and holding, both are good ways. As long as we have proper knowledge and do it correctly, we should get good profits. ;)
Yes, trading is a game of knowledge and experience. A trader has to apply different strategies according to the market conditions when he should hold or trade. However, those who decide to hold have to plan for the long term while those who do short term trading have a different strategy. A trader needs to acquire adequate knowledge for trading. For those traders who lack trading knowledge, I would give priority to holding. Day trading or short-term trading is suitable for those who are experienced and risk-averse but lack of knowledge and experience yes the safest way is to hold.Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.Trading is a way to manage our crypto assets by minimizing losses and as many people say trading is difficult, I also experienced several defeats like you after winning, then losing deeper. And that's trading, we have to increase the chances of winning.e]
It's not really like that, it's not that easy to trade. You need to have a lot of experience rather than knowing technical analysis.
While holding is very simple. You take the satoshi, put them in your wallet and you don't have to think about it anymore.
Clearly the gain is in not losing your savings, you don't become rich.
Hold is the safest way, but the profit is not as big as we do daily trading
Actually, it doesn't require a large capital to be able to hold and trade, because we can start with a small capital, if we consistently buy during the bearish season with the DCA method and trade to get daily profits, where we use that profit to buy potential coins, during the bullish season our crypto assets will be even bigger. so something big comes from something small first.
point of main, holding need long time but trading is short time which you can make money everyday from trading.It seems like it will feel very long if I become a hodler unless I have an many assets that can be combined with real work. I see for Hodl BTC also takes about 10 years so that it can produce millions of dollars and for a distance of 10 years is not a short time, surely Banyal likes and sorrows when becoming BTC Hodler.
....
It does of course take time to be a hodler and more so even with long-term investments such as Bitcoin that can take many years for one to make his or her profits in the venture. That means that along the way there will definitely be certain fluctuations in emotional responses because it is a highly volatile business. At the moment we do not have enough capital to invest big but seeing that BTC can be very promising is encouraging and as time goes on there may be chances of trading and holding of assets may be widened.point of main, holding need long time but trading is short time which you can make money everyday from trading.It seems like it will feel very long if I become a hodler unless I have an many assets that can be combined with real work. I see for Hodl BTC also takes about 10 years so that it can produce millions of dollars and for a distance of 10 years is not a short time, surely Banyal likes and sorrows when becoming BTC Hodler.
....
Trading every day there must also be a temperature up and down the body temperature of the trader because it sees the price of the rising BTC and the turning cannot be controlled. I personally trade and Hodl Bitcoin for now I have never tried it because I don't have the right money to be invested in BTC.
why wait for a lot of money to invest in BTC, can't we buy BTC according to our ability. Can buy BTC $ 10, $ 20 or $ 50 to hold long term, and we can also trade to get daily profits to add to our crypto assets or to help our income for living expenses if our real world income is lacking.point of main, holding need long time but trading is short time which you can make money everyday from trading.It seems like it will feel very long if I become a hodler unless I have an many assets that can be combined with real work. I see for Hodl BTC also takes about 10 years so that it can produce millions of dollars and for a distance of 10 years is not a short time, surely Banyal likes and sorrows when becoming BTC Hodler.
....
Trading every day there must also be a temperature up and down the body temperature of the trader because it sees the price of the rising BTC and the turning cannot be controlled. I personally trade and Hodl Bitcoin for now I have never tried it because I don't have the right money to be invested in BTC.
The DCA method will always be an effective method for buying Bitcoin and Altcoin in stages according to our ability to buy, even though the price is high but by buying gradually we can add a collection of potential coins in our wallet. Because I am not a big investor who only has a little capital to invest in Crypto, so I choose this method to add to my crypto assets.
Actually, it doesn't require a large capital to be able to hold and trade, because we can start with a small capital, if we consistently buy during the bearish season with the DCA method and trade to get daily profits, where we use that profit to buy potential coins, during the bullish season our crypto assets will be even bigger. so something big comes from something small first.
The truth is that things are very accurate with the DCA method, because many of us who did not buy bitcoin when it was very cheap, well in many occasions we thought that the train had left us, and that it would never come back, but no, with this method what you have to be is constant, in fact I have thought of something, that person who always buys the lottery sacredly, their weekly ticket, that person has a lot of faith in it, even though winning the lottery is difficult, if you have that faith and that insistence I think that one can get bitcoin quickly and that is thanks to btc.
Yes, the method you mentioned really assists us in buying Bitcoin and Altcoin little by little, depending on our power, so that its operation does not require big capital but the addition of crypto assets is done continuously. I also feel that DCA offers a great opportunity to create a portfolio for the future, even if prices for crypto are already high and it is the best option for those of us who want to keep amassing more assets, not having to buy them in large quantities at a time.The DCA method will always be an effective method for buying Bitcoin and Altcoin in stages according to our ability to buy, even though the price is high but by buying gradually we can add a collection of potential coins in our wallet. Because I am not a big investor who only has a little capital to invest in Crypto, so I choose this method to add to my crypto assets.
Actually, it doesn't require a large capital to be able to hold and trade, because we can start with a small capital, if we consistently buy during the bearish season with the DCA method and trade to get daily profits, where we use that profit to buy potential coins, during the bullish season our crypto assets will be even bigger. so something big comes from something small first.
The truth is that things are very accurate with the DCA method, because many of us who did not buy bitcoin when it was very cheap, well in many occasions we thought that the train had left us, and that it would never come back, but no, with this method what you have to be is constant, in fact I have thought of something, that person who always buys the lottery sacredly, their weekly ticket, that person has a lot of faith in it, even though winning the lottery is difficult, if you have that faith and that insistence I think that one can get bitcoin quickly and that is thanks to btc.
The DCA method will always be an effective method for buying Bitcoin and Altcoin in stages according to our ability to buy, even though the price is high but by buying gradually we can add a collection of potential coins in our wallet. Because I am not a big investor who only has a little capital to invest in Crypto, so I choose this method to add to my crypto assets.
- Nothing beats holding because it is still the safest thing to do, as long as you have a target price for when to sell your hold of crypto assets. This is what crypto investors who don't want hassle and stress with their assets often do.In fact, having crypto assets can be quite comfortable and safe for us provided that we have identified a specific price level at which we will likely want to free up funds to release such crypto assets. This way, we can diminish our everyday concern for fluctuating prices. Of course, it is crucial that we are confident in the growth rate of the assets we hold, so that, on a basic level, we are sure they will increase in value.
And also make sure that the assets you are holding have potential; you must know 100% that the price will really rally in the market in the future, because that is what is really important.
Trading and investing ain't bad aslong you got good knowledge about them. Like recently I'm focusing more on holding than trading though, leaving higher percent of my funds on holding and the remaining in trading but I've reduce my duration of trading now back then normally trade daily. But now I'm working on my self to improve my principles in trading. Because if don't learn risk management in trading you endup losing your funds. Investment really good for newbie who don't have more idea on cryptocurrencies can still make profits from holding aslong you holding the right coins.It depends on the individual investors involved as some Will prefer trading rather than holding on to their crypto assets especially new comers to trading because they have not yet fully come to full knowledge of the forex market but with the recent upsurge in price of coins it is better that you hold onto your coins as they are likely going to appreciate over time
-snip-But this is not true for all coins, as some coins do have high potential for the long term, but some are also not to be held for the long term.
it is better that you hold onto your coins as they are likely going to appreciate over time
in trading must have knowledge or information about crypto even market movements so that it can make it easy for you to trade and get big profits. but if you choose to hold or trade at this time, I prefer to hold until it's time to sell and for now it's better to hold because the current situation is good to hold don't rush to sell.Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.
Hold is the safest way, but the profit is not as big as we do daily trading
It requires a LOT of experience, really a lot
requires not giving a damn about money, so better to play with money that isn't yours
and also a lot of discipline, TP and SL are essential to not get hurt
I think I'm more of a profiteer at the moment, a sort of jackal who pounces on the carcass
I also have the same thoughts as you, currently the market is good, it is better not to rush to hold, but all decisions are in the hands of each. If you have considerations to sell because you have made a profit and then wait for a correction to buy back some potential coins, we can also make a profit again. I think everyone has their own considerations in making decisions.in trading must have knowledge or information about crypto even market movements so that it can make it easy for you to trade and get big profits. but if you choose to hold or trade at this time, I prefer to hold until it's time to sell and for now it's better to hold because the current situation is good to hold don't rush to sell.Trading does require experience, and we will get that experience if we want to learn and try it. If we want to learn to seek knowledge and experience in trading, we will be able to seek profit in trading and maybe become a professional trader.
Hold is the safest way, but the profit is not as big as we do daily trading
It requires a LOT of experience, really a lot
requires not giving a damn about money, so better to play with money that isn't yours
and also a lot of discipline, TP and SL are essential to not get hurt
I think I'm more of a profiteer at the moment, a sort of jackal who pounces on the carcass
I also have the same thoughts as you, currently the market is good, it is better not to rush to hold, but all decisions are in the hands of each. If you have considerations to sell because you have made a profit and then wait for a correction to buy back some potential coins, we can also make a profit again. I think everyone has their own considerations in making decisions.Well actually these markets are somewhat a little correction in the market and thus can be used to go and gain our profit. However, we can look at waiting for more significant correction before investing in potential coins again which creates more profit points. Of course, everybody has his own approach and reasons for a particular decision and this is a flexible option to fit each of the strategies.
Yes, the method you mentioned really assists us in buying Bitcoin and Altcoin little by little, depending on our power, so that its operation does not require big capital but the addition of crypto assets is done continuously. I also feel that DCA offers a great opportunity to create a portfolio for the future, even if prices for crypto are already high and it is the best option for those of us who want to keep amassing more assets, not having to buy them in large quantities at a time.
true with the installment system to invest is not difficult, no matter how much money you have and buy for investment then apply, to investwhy wait for a lot of money to invest in BTC, can't we buy BTC according to our ability. Can buy BTC $ 10, $ 20 or $ 50 to hold long term, and we can also trade to get daily profits to add to our crypto assets or to help our income for living expenses if our real world income is lacking.point of main, holding need long time but trading is short time which you can make money everyday from trading.It seems like it will feel very long if I become a hodler unless I have an many assets that can be combined with real work. I see for Hodl BTC also takes about 10 years so that it can produce millions of dollars and for a distance of 10 years is not a short time, surely Banyal likes and sorrows when becoming BTC Hodler.
....
Trading every day there must also be a temperature up and down the body temperature of the trader because it sees the price of the rising BTC and the turning cannot be controlled. I personally trade and Hodl Bitcoin for now I have never tried it because I don't have the right money to be invested in BTC.
A very helpful method or strategy for people who have small capital to invest, and many people also do the same as one way to have assets with small capital.Yes, the method you mentioned really assists us in buying Bitcoin and Altcoin little by little, depending on our power, so that its operation does not require big capital but the addition of crypto assets is done continuously. I also feel that DCA offers a great opportunity to create a portfolio for the future, even if prices for crypto are already high and it is the best option for those of us who want to keep amassing more assets, not having to buy them in large quantities at a time.
I like the idea as you say, creating a portfolio for the future, of course as a good bitcoiner one says only btc, but it is interesting because if it brings together btc, eth, and other crypto that are highly relevant it will be a great saving and they will have their different Functionalities, therefore it is Good to Apply all these types of Savings when it comes to applying the DCA method , which is Wonderful in every sense, this from the point of view that best suits people , it is also a way to take the train that some say they have already missed.
Apart from bitcoin, I don't believe any altcoin can give someone a huge profit and that's why instead of diversifying your portfolio to a lesser profitable coin, just stick to bitcoin alone. Take example of Etherum, when bitcoin was 56k+, Etherum then was 3,600 but currently bitcoin is at $89k+ and Etherum is $3,090. That shows a price decline and those who invested in Etherum at 3,600 will be regretting currently. One thing with these altcoins is that they move up slowly and dip fastly.Yes, the method you mentioned really assists us in buying Bitcoin and Altcoin little by little, depending on our power, so that its operation does not require big capital but the addition of crypto assets is done continuously. I also feel that DCA offers a great opportunity to create a portfolio for the future, even if prices for crypto are already high and it is the best option for those of us who want to keep amassing more assets, not having to buy them in large quantities at a time.
I like the idea as you say, creating a portfolio for the future, of course as a good bitcoiner one says only btc, but it is interesting because if it brings together btc, eth, and other crypto that are highly relevant it will be a great saving and they will have their different Functionalities, therefore it is Good to Apply all these types of Savings when it comes to applying the DCA method , which is Wonderful in every sense, this from the point of view that best suits people , it is also a way to take the train that some say they have already missed.
They are two completely different types of investment but both valid, of course a good trader can make excellent profits even with day trading but the risks are there, with the holding the risks are lower but so are the profits even if bitcoin has been contradicting me in recent timesbecoming a trader or a holder depends on our ability to do it. I have a friend who has the ability and experience in trading but has now stopped trading because of the busyness of the real world. so in deciding the choice must be in accordance with our ability to do it. Becoming a trader takes a lot of time to focus.
If you only compare the price increase of bitcoin and ethereum, the result will be the same as your analysis. but in diversification we can choose other coins that are more potential such as BNB, Solana and TON.Apart from bitcoin, I don't believe any altcoin can give someone a huge profit and that's why instead of diversifying your portfolio to a lesser profitable coin, just stick to bitcoin alone. Take example of Etherum, when bitcoin was 56k+, Etherum then was 3,600 but currently bitcoin is at $89k+ and Etherum is $3,090. That shows a price decline and those who invested in Etherum at 3,600 will be regretting currently. One thing with these altcoins is that they move up slowly and dip fastly.Yes, the method you mentioned really assists us in buying Bitcoin and Altcoin little by little, depending on our power, so that its operation does not require big capital but the addition of crypto assets is done continuously. I also feel that DCA offers a great opportunity to create a portfolio for the future, even if prices for crypto are already high and it is the best option for those of us who want to keep amassing more assets, not having to buy them in large quantities at a time.
I like the idea as you say, creating a portfolio for the future, of course as a good bitcoiner one says only btc, but it is interesting because if it brings together btc, eth, and other crypto that are highly relevant it will be a great saving and they will have their different Functionalities, therefore it is Good to Apply all these types of Savings when it comes to applying the DCA method , which is Wonderful in every sense, this from the point of view that best suits people , it is also a way to take the train that some say they have already missed.
A very helpful method or strategy for people who have small capital to invest, and many people also do the same as one way to have assets with small capital.
Bitcoin is always the main choice, but this strategy can also be applied to other coins such as the coins mentioned here. many people have succeeded in implementing this strategy, especially for people like us who have small capital.
Having jumping into trading with little capital though it's a stepping stone in getting to earn something big but at start, your profits will be little; like trading with $10 for instance can fetch you profit of $2 or else your trading on leverage and a trader takes like x25 then you could be making bigger profits but leverage is very risky, as a trader can be liquidated at anytime.
A very helpful method or strategy for people who have small capital to invest, and many people also do the same as one way to have assets with small capital.
Bitcoin is always the main choice, but this strategy can also be applied to other coins such as the coins mentioned here. many people have succeeded in implementing this strategy, especially for people like us who have small capital.
I'm sure that if we do a survey we will realize that in the forum there are many people entering the world of trading with little capital, few only those who do it with a large capital, few with a medium capital, so these things that we read are very focused on the majority of those who do trading, I started with little capital, I know many who start with 10usd, and it is little, because in trading it is little money, but I say something, if you get to zero quickly you have to keep putting more money there and insist.
Apart from bitcoin, I don't believe any altcoin can give someone a huge profit and that's why instead of diversifying your portfolio to a lesser profitable coin, just stick to bitcoin alone. Take example of Etherum, when bitcoin was 56k+, Etherum then was 3,600 but currently bitcoin is at $89k+ and Etherum is $3,090. That shows a price decline and those who invested in Etherum at 3,600 will be regretting currently. One thing with these altcoins is that they move up slowly and dip fastly.
Both are generally regarded as the most immune to the fluctuations in their value because of the highly developed technology backing and the believed credit of the entire world. BTC, which has been gradually rising over the years, is actually the primary option for many investors. In addition to the incrementing DeFi ecosystem and smart contracts Ethereum has more utility than Bitcoin in several ways. But every investment decision has to be taken with reference to personal knowledge and appetite for risk that every asset has.
Apart from bitcoin, I don't believe any altcoin can give someone a huge profit and that's why instead of diversifying your portfolio to a lesser profitable coin, just stick to bitcoin alone. Take example of Etherum, when bitcoin was 56k+, Etherum then was 3,600 but currently bitcoin is at $89k+ and Etherum is $3,090. That shows a price decline and those who invested in Etherum at 3,600 will be regretting currently. One thing with these altcoins is that they move up slowly and dip fastly.
Well in that you are completely right, there is no way to refute your logic, in fact what is visible does not need glasses, of course I speak of Eth as one of the alts that I consider the safest, there are others that for me turn out to be much riskier to invest in, personally I would only tell people to invest only in btc, because even though it goes down in price, I know that in years it will always have a new ATH, such is the example we are living, we have not yet reached the 4 years of normal cycle for a new ATH and already new impressive prices are being seen.
In cryptocurrency trading, it is normal that there will be a period of profit and a period of loss. If you experience a loss then you need to learn from it so that the next time you trade there is a chance to make a profit. Because you have suffered losses before. It depends on why and how, but you will take the trade again. If you train by gaining knowledge from here for a long time, there is definitely a chance to benefit.
Apart from bitcoin, I don't believe any altcoin can give someone a huge profit and that's why instead of diversifying your portfolio to a lesser profitable coin, just stick to bitcoin alone. Take example of Etherum, when bitcoin was 56k+, Etherum then was 3,600 but currently bitcoin is at $89k+ and Etherum is $3,090. That shows a price decline and those who invested in Etherum at 3,600 will be regretting currently. One thing with these altcoins is that they move up slowly and dip fastly.
Well in that you are completely right, there is no way to refute your logic, in fact what is visible does not need glasses, of course I speak of Eth as one of the alts that I consider the safest, there are others that for me turn out to be much riskier to invest in, personally I would only tell people to invest only in btc, because even though it goes down in price, I know that in years it will always have a new ATH, such is the example we are living, we have not yet reached the 4 years of normal cycle for a new ATH and already new impressive prices are being seen.
A very helpful method or strategy for people who have small capital to invest, and many people also do the same as one way to have assets with small capital.
Bitcoin is always the main choice, but this strategy can also be applied to other coins such as the coins mentioned here. many people have succeeded in implementing this strategy, especially for people like us who have small capital.
I'm sure that if we do a survey we will realize that in the forum there are many people entering the world of trading with little capital, few only those who do it with a large capital, few with a medium capital, so these things that we read are very focused on the majority of those who do trading, I started with little capital, I know many who start with 10usd, and it is little, because in trading it is little money, but I say something, if you get to zero quickly you have to keep putting more money there and insist.
- I do the same thing while I trade; I have other assets that are held for the long term. You can combine them as long as you can manage them correctly; just do it properly. Now, if you think you can't handle them correctly, don't combine them.
You only need to focus on one so that you can do what you want to achieve in these situations. Because the end result of both is the same, and that is the profit that it can give us as holders and traders.
- I do the same thing while I trade; I have other assets that are held for the long term. You can combine them as long as you can manage them correctly; just do it properly. Now, if you think you can't handle them correctly, don't combine them.Holding is more peaceable than trading because when you hold you have nothing to worry about provided that the market is increasing, but most times when you trade there's every possiblity that you would lose your coin, though you are sourcing for profit but might not end up having the same volume of coins at the exchange account.
You only need to focus on one so that you can do what you want to achieve in these situations. Because the end result of both is the same, and that is the profit that it can give us as holders and traders.
In cryptocurrency trading, it is normal that there will be a period of profit and a period of loss. If you experience a loss then you need to learn from it so that the next time you trade there is a chance to make a profit. Because you have suffered losses before. It depends on why and how, but you will take the trade again. If you train by gaining knowledge from here for a long time, there is definitely a chance to benefit.Yes, it is normal if we still get losses. It is impossible that we always get profits. But if we already become professional or experienced traders, we must know how to minimize the potential losses. And we knows the best strategy to optimize the chance of taking profits. So, we don't often to get losses, we more often get profits. When we improve our knowledge, we must be more aware about the potential profits. We also become more understand to avoid potential losses. Finally, we can trade with a more effective way if we keep increasing our knowledge and experience.
A professional trader can minimize losses and increase profits with many strategies they run. They have strong analytical skills and accuracy in predicting prices.In cryptocurrency trading, it is normal that there will be a period of profit and a period of loss. If you experience a loss then you need to learn from it so that the next time you trade there is a chance to make a profit. Because you have suffered losses before. It depends on why and how, but you will take the trade again. If you train by gaining knowledge from here for a long time, there is definitely a chance to benefit.Yes, it is normal if we still get losses. It is impossible that we always get profits. But if we already become professional or experienced traders, we must know how to minimize the potential losses. And we knows the best strategy to optimize the chance of taking profits. So, we don't often to get losses, we more often get profits. When we improve our knowledge, we must be more aware about the potential profits. We also become more understand to avoid potential losses. Finally, we can trade with a more effective way if we keep increasing our knowledge and experience.
Of course, those who have good trading skills will be more focused on trading than holding. Because holding refers long time, which is much hard for many. That is why they are more focused on trading than holding. If a trader gains good skills in trading-related matters and focuses only on trading, then he will definitely be able to profit much. On the other hand, for those who do not have trading knowledge but want to be profitable from investment, holding is a good way. If a holder holds Bitcoin for a long time, he can get several times by the Bitcoin investment even after a long time.In investing, we often choose whether to trade and hold, largely depending on our ability, experience, overall objectives, and other factors. In contrast, trading is more active process to make money if you know what the market is doing and are able of reading the patterns accurately. But this is also too much of a dedication and a great risk management to be carried out in an impulsive manner that can yourself get into into. If you do things right trading can be lucrative in the short and long term.
Of course, those who have good trading skills will be more focused on trading than holding. Because holding refers long time, which is much hard for many. That is why they are more focused on trading than holding. If a trader gains good skills in trading-related matters and focuses only on trading, then he will definitely be able to profit much. On the other hand, for those who do not have trading knowledge but want to be profitable from investment, holding is a good way. If a holder holds Bitcoin for a long time, he can get several times by the Bitcoin investment even after a long time.being a trader is difficult because we must have expertise in making analysis and strategizing by always focusing on monitoring the market so that we do not miss the best opportunities. While for those who do not have the skills in trading they can choose to become a holder, by holding bitcoin and other potential coins for a long period of time.
That is true. We must have a strategy or a trading plan that we should follow because trading is difficult. It's very risky since you are taking a multiplier so that you can make big profit with such a small increase of price. However, winning is not easy because there is no 100% win rate in trading. But if you already have a trading plan that you have already back tested, there's no need to keep watching the chart from time to time especially if you have a running position. It's a bad habit and can lead to an unnecessary decision.Of course, those who have good trading skills will be more focused on trading than holding. Because holding refers long time, which is much hard for many. That is why they are more focused on trading than holding. If a trader gains good skills in trading-related matters and focuses only on trading, then he will definitely be able to profit much. On the other hand, for those who do not have trading knowledge but want to be profitable from investment, holding is a good way. If a holder holds Bitcoin for a long time, he can get several times by the Bitcoin investment even after a long time.being a trader is difficult because we must have expertise in making analysis and strategizing by always focusing on monitoring the market so that we do not miss the best opportunities. While for those who do not have the skills in trading they can choose to become a holder, by holding bitcoin and other potential coins for a long period of time.
Having jumping into trading with little capital though it's a stepping stone in getting to earn something big but at start, your profits will be little; like trading with $10 for instance can fetch you profit of $2 or else your trading on leverage and a trader takes like x25 then you could be making bigger profits but leverage is very risky, as a trader can be liquidated at anytime.
In trading it is obvious that the bigger your capital, the bigger your profits.
Also on investing/holding, you could start with a little amount and likely use the DCA pattern to grow your portfolio as time goes on and a Holder will see his profits on the long run depending on the asset he choose to HODL
I have been trading for about 7 years, sometimes I also experience defeat in trading because maybe I made a mistake in making analysis and developing the wrong strategy. We will not always win 100% in trading, sometimes we will also experience defeat and suffer losses because the crypto market is very volatile and sometimes the crypto market changes and does not match the strategy we have planned, that's why sometimes I change my strategy.
That is true. We must have a strategy or a trading plan that we should follow because trading is difficult. It's very risky since you are taking a multiplier so that you can make big profit with such a small increase of price. However, winning is not easy because there is no 100% win rate in trading. But if you already have a trading plan that you have already back tested, there's no need to keep watching the chart from time to time especially if you have a running position. It's a bad habit and can lead to an unnecessary decision.
Yes, if in this case a trader or holder only acquires the basic knowledge required to hold, then he will be able to earn huge profits by holding for a long time. But those who trade by research or analysis also have a relatively high risk. Though there is a possibility of getting regular money from those traders at the same time there is also a possibility of losing big again. What an investor chooses to do will depend on himself.Of course, those who have good trading skills will be more focused on trading than holding. Because holding refers long time, which is much hard for many. That is why they are more focused on trading than holding. If a trader gains good skills in trading-related matters and focuses only on trading, then he will definitely be able to profit much. On the other hand, for those who do not have trading knowledge but want to be profitable from investment, holding is a good way. If a holder holds Bitcoin for a long time, he can get several times by the Bitcoin investment even after a long time.being a trader is difficult because we must have expertise in making analysis and strategizing by always focusing on monitoring the market so that we do not miss the best opportunities. While for those who do not have the skills in trading they can choose to become a holder, by holding bitcoin and other potential coins for a long period of time.
Yes, if in this case a trader or holder only acquires the basic knowledge required to hold, then he will be able to earn huge profits by holding for a long time. But those who trade by research or analysis also have a relatively high risk. Though there is a possibility of getting regular money from those traders at the same time there is also a possibility of losing big again. What an investor chooses to do will depend on himself.I think if a person invests and holds for a long time or trades, then experience is needed. If someone plans to trade or hold for a long time without experience, then he will never be successful because if he wants to do these without experience or skills, then he will face big losses. So we should be careful not to fall into such losses and gain good experience in trading, then we will be successful in trading.
However, this means that recommending people concentrate on BTC only is reasonable as the strategy for noobs or if the risk factor has to be minimized. BTC has been resilient to volatility and the bullish formation gives a good deal of assurance especially to the long term holders. We also need to keep on studying past market cycles in order to develop an optimal strategy, so that the steps taken are in line with our investment objectives in new conditions.
Bitcoin is a proven coin because of many attacks in the past, one of which is as you said. at that time many people said bitcoin is just a bubble but it turned out all were refuted. the price of bitcoin is getting more expensive day by day and bitcoin is getting more popular even a US presidential candidate supports bitcoin and will make the US the center of bitcoin. Trump's victory made the price of bitcoin soar.However, this means that recommending people concentrate on BTC only is reasonable as the strategy for noobs or if the risk factor has to be minimized. BTC has been resilient to volatility and the bullish formation gives a good deal of assurance especially to the long term holders. We also need to keep on studying past market cycles in order to develop an optimal strategy, so that the steps taken are in line with our investment objectives in new conditions.
Yes, and also things can change chronologically and I think that for BTC it is Better , because BTC has more history and in addition to that it has been able to resist all the Attacks of many , how much I would not like to see BTC down? How much they would not like to see BTC destroyed, I remember when they said that BTC was a bubble, it is impressive how they now have to keep quiet, BTC already has a defined structure where it complies with the market phases such as accumulation and distribution, then because it depends solely on supply and demand is what makes the asset survive above any theft that has to do with market speculation.
This is very true, if we trade or invest without knowledge about what we are doing then the risk is very big. This is related to money and is very vulnerable, if we make the wrong decision then our money will be lost. Therefore I agree, here we must have extensive experience and knowledge before trading or investing.Yes, if in this case a trader or holder only acquires the basic knowledge required to hold, then he will be able to earn huge profits by holding for a long time. But those who trade by research or analysis also have a relatively high risk. Though there is a possibility of getting regular money from those traders at the same time there is also a possibility of losing big again. What an investor chooses to do will depend on himself.I think if a person invests and holds for a long time or trades, then experience is needed. If someone plans to trade or hold for a long time without experience, then he will never be successful because if he wants to do these without experience or skills, then he will face big losses. So we should be careful not to fall into such losses and gain good experience in trading, then we will be successful in trading.
Thtas right in trading we must have extensive experience and knowledge, because without knowledge and experience like we are gambling. trading requires making analysis, developing strategies and having good emotional management. and all of that can be done well if we have experience, so becoming a trader requires long experience and always practicing with the skills we have.This is very true, if we trade or invest without knowledge about what we are doing then the risk is very big. This is related to money and is very vulnerable, if we make the wrong decision then our money will be lost. Therefore I agree, here we must have extensive experience and knowledge before trading or investing.Yes, if in this case a trader or holder only acquires the basic knowledge required to hold, then he will be able to earn huge profits by holding for a long time. But those who trade by research or analysis also have a relatively high risk. Though there is a possibility of getting regular money from those traders at the same time there is also a possibility of losing big again. What an investor chooses to do will depend on himself.I think if a person invests and holds for a long time or trades, then experience is needed. If someone plans to trade or hold for a long time without experience, then he will never be successful because if he wants to do these without experience or skills, then he will face big losses. So we should be careful not to fall into such losses and gain good experience in trading, then we will be successful in trading.
Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.
Both holding or trading are worth it for us depend typical of trader want to earn profitable with short way by trading or investor want to earn much profitable and take hold it their cryptocurrency assets for longer time.good opinion, because I also have the same thoughts as you. being a trader or a holder is equally profitable. Investors who decide to hold long-term with a lot of income in their lives have large capital, by buying potential coins such as bitcoin, ethereum, BNB, SOL and other top coins and holding them for several years, they will get big profits.
I think long term holder only for investor have much money and they have many side to as their source income, for trader with short term to earn profit by scalping or trading want to earn profit consistent every day but if got loss most of them take stop loss how to minimize loss and take trading later.
Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.
I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.
It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.
That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.
Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.Knowledge is something we must have at the beginning, regarding experience we will get it from time to time, because it is impossible for us to have experience before doing anything, unless we listen to other people's experiences.
Knowledge is something we must have at the beginning, regarding experience we will get it from time to time, because it is impossible for us to have experience before doing anything, unless we listen to other people's experiences.At least, we must have the basic knowledge. It is impossible to do it properly if we have no basic knowledge.
That is something we should not ignore, because in any case the role of both is very important in this activity. If we ignore one of them, it might make us feel a great loss.Knowledge has a crucial role. We can't avoid it, it is a must to have enough knowledge. There is no way that we can ignore knowledge, we must take some lessons firstly before we start trading.
They are two completely different types of investment but both valid, of course a good trader can make excellent profits even with day trading but the risks are there, with the holding the risks are lower but so are the profits even if bitcoin has been contradicting me in recent times
This is very true, if we trade or invest without knowledge about what we are doing then the risk is very big. This is related to money and is very vulnerable, if we make the wrong decision then our money will be lost. Therefore I agree, here we must have extensive experience and knowledge before trading or investing.
If you don't sell your bitcoin and only hodli, even if bitcoin price dips, you are not at loss because 1btc =1btc.They are two completely different types of investment but both valid, of course a good trader can make excellent profits even with day trading but the risks are there, with the holding the risks are lower but so are the profits even if bitcoin has been contradicting me in recent times
Well, we may be looking at investing and holding in different perspectives, but in my opinion, I think the risks are the same.to both.
Now, we know that crypto market is difficult to predict and very volatile at certain times, it becomes an open risk to both a trader and investors because there could be a heavy dump any time, Unfortunately, this situation has never been known or predicted.by anyone, whether analyst or experts on the market.
Honestly, Bitcoin sudden dumps is the biggest challenge both traders and investors experience and if there is no dump, it would have been easier to separate the risk peculiar to any of them.
I think Bitcoin price huge increased. Any time we can see a big correction. So if we sell our Bitcoin now we will be profitable. Because if Bitcoin price go down and we buy again deep then we will be benefited. Our Bitcoin amount will be increase there has no doubt.If you don't sell your bitcoin and only hodli, even if bitcoin price dips, you are not at loss because 1btc =1btc.They are two completely different types of investment but both valid, of course a good trader can make excellent profits even with day trading but the risks are there, with the holding the risks are lower but so are the profits even if bitcoin has been contradicting me in recent times
Well, we may be looking at investing and holding in different perspectives, but in my opinion, I think the risks are the same.to both.
Now, we know that crypto market is difficult to predict and very volatile at certain times, it becomes an open risk to both a trader and investors because there could be a heavy dump any time, Unfortunately, this situation has never been known or predicted.by anyone, whether analyst or experts on the market.
Honestly, Bitcoin sudden dumps is the biggest challenge both traders and investors experience and if there is no dump, it would have been easier to separate the risk peculiar to any of them.
You portfolio will only depreciate in dollar value, and guess what, bitcoin will always recover and pump farther. So I don't see any reason why hodlers will be emotional affected when bitcoin price dips if they are not planning to sell. It's only traders that are guaranteed to run at loss because they think that they can outsmart the market.
That's what we will face, without knowledge we will be confused about what we will do. Not only that, even when we have knowledge sometimes we will face situations where we will meet new things and that requires us to learn them again.Knowledge is something we must have at the beginning, regarding experience we will get it from time to time, because it is impossible for us to have experience before doing anything, unless we listen to other people's experiences.At least, we must have the basic knowledge. It is impossible to do it properly if we have no basic knowledge.
Actually, we can get knowledge from other people's story. However, it will be more effective if we experience it ourselves. Our experience should be increasing toward the number of our trading activities.That is something we should not ignore, because in any case the role of both is very important in this activity. If we ignore one of them, it might make us feel a great loss.Knowledge has a crucial role. We can't avoid it, it is a must to have enough knowledge. There is no way that we can ignore knowledge, we must take some lessons firstly before we start trading.
Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.
I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.
It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.
That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.
We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.Of course everything requires experience. nothing good can be done without experience.
I consider your advice to be very wise and a trader must be experienced otherwise there is a possibility of loss.Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.
I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.
It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.
That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.
We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.
Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.Better to start small and continue big.
Otherwise, you may lose lots of your funds on learning.
Just slow and steady would bring you better results, in my opinion.
I think that experience plays a big role here, sometimes you can have experience doing certain things, I don't know if it's because of nervousness or something, sometimes you doubt what you know, but it's a matter of doing it as you say, with little to see how it goes until you gain confidence and can find out what it is.
It's normal for that to happen because even when I trade there are certain entries that sometimes I don't make for fear of losing them and even more so when you come from a bad streak.
That's why I give a lot of credit to experience and everything that others say here because many have gone through these things.
We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.
Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Yes that is right Experience is very important when it comes to trading and I agree with that. By the way many from us spend a lot of money on trading and lose a lot just to learn. I also would not recommend that new traders use real money just to get experience. There is something called demo trading where they can practice trading without using real money and it uses real life charts. Only downside is that you they not feel emotions that come with trading real money. But overall demo trading is best way to test your strategy and if we are doing well so we can try it with real account using small amount of money.
Demo trading to practice skills, and this can be used for those who do not have much knowledge and experience in trading.Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Yes that is right Experience is very important when it comes to trading and I agree with that. By the way many from us spend a lot of money on trading and lose a lot just to learn. I also would not recommend that new traders use real money just to get experience. There is something called demo trading where they can practice trading without using real money and it uses real life charts. Only downside is that you they not feel emotions that come with trading real money. But overall demo trading is best way to test your strategy and if we are doing well so we can try it with real account using small amount of money.
Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.
Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.
Anyway, demo trading won't increase our experience. Demo trading will be only helpful for a newbie for the first time in trading. But it is not recommended to use demo trading if our goal is to gain experience. It should be real trading, this is the only way to increase our experience.
There are actually many things to learn in crypto trading if we want to become a professional trader, I myself have not been able to do it. Still often trading wrong steps, finally I also suffer losses. Lack of mental control, still easily panic and so on. Still need to learn more to become a reliable crypto trader, and advice from friends here is very much needed.~Thtas right in trading we must have extensive experience and knowledge, because without knowledge and experience like we are gambling. trading requires making analysis, developing strategies and having good emotional management. and all of that can be done well if we have experience, so becoming a trader requires long experience and always practicing with the skills we have.
Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.Demo trading account most helpful for beginner or newbie start trading in cryptocurrency and they can begin how take action directly how to buy, sell and make analyze before trading. I think demo account trading will be guider for beginner about step by step with trading but must brave for taking action with real account.
because trading takes time to hone abilities and train skills.
The only difference between trading with real account and demo is their execution. Our execution can be affected by our emotion that's why we can't see a trader with the same strategy have the same trading pair to trade and win rate. You can gain good experience in trading with real account but when it's your first time, you have to put a small amount of capital because your only goal is gain experience, it's also to prevent potential loses in the market. I highly recommend to do demo trading, those people who don't do demo's possibly can't handle their emotion not to trade right away.Experience is really important in trading, I agree with your statement. But people spend so much money in trading, loses a lot just to gain experience. I will not recommend any newbies in trading to use real money just to gain experience. There's a demo trading, you don't have to trade with real money but it's a real chart. The only disadvantage with this is that there is no emotion involve unlike trading with real account. But overall it's the best way to do when you just backtesting your strategy, and if you have good win rate, you try it with real account with just a small funds.Experience is a very crucial thing in trading. With experience, we will know the right strategy to use. We also will know well the potential coins to trade if we have good experience.
Anyway, demo trading won't increase our experience. Demo trading will be only helpful for a newbie for the first time in trading. But it is not recommended to use demo trading if our goal is to gain experience. It should be real trading, this is the only way to increase our experience.
Bitcoin is a proven coin because of many attacks in the past, one of which is as you said. at that time many people said bitcoin is just a bubble but it turned out all were refuted. the price of bitcoin is getting more expensive day by day and bitcoin is getting more popular even a US presidential candidate supports bitcoin and will make the US the center of bitcoin. Trump's victory made the price of bitcoin soar.
Demo trading helps newbies to learn trading, get to know tools, etc. but it is better if you already understand trading, immediately do manual trading so that you have knowledge, experience and can make good analysis.A way to gain initial experience is for example through paper trading which will help to understand how the different tools that are available function in regard to market mechanisms. But live experience on the market while studying reveals many things about real feelings and situations in relation to a specific choice that has not been considered in a textbook. When actually beginning to take actions, then we are able to practise to what we are doing and even learn from actualities. We also get direct exposure that affords us unattainable exposure the moment we get involved directly. Each small movement in the real market is a valuable process to increase our skills and our abilities to make the right decision.
because trading takes time to hone abilities and train skills.
Investing and trading cryptocurrencies can be viable option offering unique advantages. Both strategies aim to generate profit but different in approach. It is not a bad idea for someone to invest or trade, both of them has their advantages you can hold on for their life and you can also trade. you can choose to hold or trade it's depend on your interest, holding took a long time to make profit while trading is for short-term. what lead both holding and Trading is understanding the market and also having experience, skills and knowledge on how the market works, a professional Trader can earn a lot in daily basis trading, also a perfect and professional investor can also earn a lot at the end of long-term investment.Both thing does have their own advantages and disadvantages on which we know that when it comes to holding then it will really be that worth on holding into something on which of course this will really be just that applicable into those projects on which you do know that it does have that potential on rising up its price in the future. If you are newbie and doesnt have that much idea then always stick on which is on the top in the market on which it is really that on Bitcoin.
I understand, but when you are a beginner things are different, you have to start with something to acquire it, if you have no experience, at least there are these photos, there are social networks, YouTube where you can see technical analysis, see how other traders do it so you can learn, this is valid, but I recommend reading books before trading, to at least know how the market moves, personally I read Wyckoff and Livermore, very good, you learn a lot of things and have a lot of arguments when it comes to placing a trade.
We need good experience before doing any work. If we do not have experience, we will never be able to do anything good. We need experience. Especially for trading, we need experience. If someone wants to trade without experience, he will never be able to succeed in trading. We definitely need skills and experience to be successful. I have seen some new people come to trading and face various problems because they take big risks without skills and experience. I would like to tell them that if we start trading with experience and skills, it can be a good thing for us.
I understand, but when you are a beginner things are different, you have to start with something to acquire it, if you have no experience, at least there are these photos, there are social networks, YouTube where you can see technical analysis, see how other traders do it so you can learn, this is valid, but I recommend reading books before trading, to at least know how the market moves, personally I read Wyckoff and Livermore, very good, you learn a lot of things and have a lot of arguments when it comes to placing a trade.Take note not all on social media and youtube are good as source of learning about strategies. If you want to learn then start with basic like how you read candles and learn patterns and then practice with paper money on tradingview until you discover how the price action works. When you grow you can start small amount and challenge your self to make it big. After you build a confident you can start trading with large amount. Just beware on intraday thats pretty risky better learn swing trading.
We must choose the right source for learning by trying to understand and practice by reading candles, watching YouTube and interacting in forums to gain knowledge and experience. because trading is a long process, and we must always focus and learn about what is best for us to do.I understand, but when you are a beginner things are different, you have to start with something to acquire it, if you have no experience, at least there are these photos, there are social networks, YouTube where you can see technical analysis, see how other traders do it so you can learn, this is valid, but I recommend reading books before trading, to at least know how the market moves, personally I read Wyckoff and Livermore, very good, you learn a lot of things and have a lot of arguments when it comes to placing a trade.Take note not all on social media and youtube are good as source of learning about strategies. If you want to learn then start with basic like how you read candles and learn patterns and then practice with paper money on tradingview until you discover how the price action works. When you grow you can start small amount and challenge your self to make it big. After you build a confident you can start trading with large amount. Just beware on intraday thats pretty risky better learn swing trading.
We must choose the right source for learning by trying to understand and practice by reading candles, watching YouTube and interacting in forums to gain knowledge and experience. because trading is a long process, and we must always focus and learn about what is best for us to do. I learned trading first at the beginning from senior friends then I developed my skills by practicing until now.You are right. We must be selective in choosing the sources of learning. We don't learn from untrusted sources because it may lead us to the wrong way. YouTube or Telegram channel is no problem as long as they can be trustable. Crypto forum is also a good source of learning, we also can discuss with many people who understand crypto in crypto forum. Anyway, it is good that you have a mentor, but it is not a must to have a mentor. I never have a mentor, I learn myself. But it is surely not easy to learn ourselves because we must understand who to choose the right sources.
Yes, experience is very valuable if we become investors and traders we need experience. but not only experience we must also have knowledge and skills in trading. Where we have to make plans and develop the right strategy because trading is financial management by minimizing the risk of loss, so to have skills it takes all of that.
Investing and trading cryptocurrencies can be viable option offering unique advantages. Both strategies aim to generate profit but different in approach. It is not a bad idea for someone to invest or trade, both of them has their advantages you can hold on for their life and you can also trade. you can choose to hold or trade it's depend on your interest, holding took a long time to make profit while trading is for short-term. what lead both holding and Trading is understanding the market and also having experience, skills and knowledge on how the market works, a professional Trader can earn a lot in daily basis trading, also a perfect and professional investor can also earn a lot at the end of long-term investment.Both thing does have their own advantages and disadvantages on which we know that when it comes to holding then it will really be that worth on holding into something on which of course this will really be just that applicable into those projects on which you do know that it does have that potential on rising up its price in the future. If you are newbie and doesnt have that much idea then always stick on which is on the top in the market on which it is really that on Bitcoin.
Aside from holding, then there would really be those individuals who would really be that deciding on trying out to make up some trading for them to have that chance on making profits in short time period on which they cant possibly get on just simply holding.
that's true, because trading takes time to always focus on learning everything needed in trading. making fundamental and technical analysis, developing strategies and of course it takes a lot of time to monitor the crypto market.Investing and trading cryptocurrencies can be viable option offering unique advantages. Both strategies aim to generate profit but different in approach. It is not a bad idea for someone to invest or trade, both of them has their advantages you can hold on for their life and you can also trade. you can choose to hold or trade it's depend on your interest, holding took a long time to make profit while trading is for short-term. what lead both holding and Trading is understanding the market and also having experience, skills and knowledge on how the market works, a professional Trader can earn a lot in daily basis trading, also a perfect and professional investor can also earn a lot at the end of long-term investment.Both thing does have their own advantages and disadvantages on which we know that when it comes to holding then it will really be that worth on holding into something on which of course this will really be just that applicable into those projects on which you do know that it does have that potential on rising up its price in the future. If you are newbie and doesnt have that much idea then always stick on which is on the top in the market on which it is really that on Bitcoin.
Aside from holding, then there would really be those individuals who would really be that deciding on trying out to make up some trading for them to have that chance on making profits in short time period on which they cant possibly get on just simply holding.
They both provide benefits to anyone actually, if you are the type of person who is too busy with life, you can just hold and buy little by little and then
just hold long-term all the time, that's fine in my opinion.
Now, if you are not a busy person, you can also take your time while you study trading and actual trade so that in the end you will also know
how to get profit from trading passively.
I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.
Without a doubt some things are like that, with experience you can do a lot, but in trading you need a lot of knowledge, both technically, fundamentally, as well as sometimes using intuition, very rarely it works, for me trading is learned every day, and that is something that nobody can deny, it is one of the most valuable things we can do as long as we know how to see the market the right way , it is not like that all the time, sometimes we make mistakes, I think the secret is that the profits are always greater than the losses, for me that is the fundamental thing.
that's true, because trading takes time to always focus on learning everything needed in trading. making fundamental and technical analysis, developing strategies and of course it takes a lot of time to monitor the crypto market.Thus, keeping up with real life while also managing the portfolio is somewhat a tricky thing to do, particularly because the crypto market is fast and needs more time to be monitored. When situations are such, the ability to invest long-term can be viewed as worthwhile solution. Essentially, keeping some of the coins/stablecoins for a fixed period and targeting the possibility of future appreciation gives us a way to remain active in the space without being tied down. Besides, through the good management of assets and proper accreditation of the fund to be assigned to definite positions, the interaction between daily operations and investments can be controlled.
And if we have a busy life in the real world, of course it's difficult to do. But we can choose to be a long-term holder, because crypto is also suitable for holding.
I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.When it comes to trading, repetition of profits always stems from a trader’s ever-improving understanding and accumulated experience. To that extent, therefore, getting better at fundamental and technical analysis is certainly the way to making better decisions. It is well understood that the losses are inevitable and with proper assessment made, these defeats could be utilised as learning markers in styling various strategies. Regarding this approach, the chances of making higher profits would be avowed.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Indeed. You can't trade if you have no proper knowledge. Sure, it is a must to understand technical and fundamental aspects. This is the basic ability to have, every trader must be able to do technical and fundamental analysis. With these analysis, we can minimize the chance of getting losses and we can optimize the chance of getting profits. But for the professional traders, they must experience more profits than getting losses.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
In trading we must learn the basic techniques, namely making analysis and techniques and trying to understand market movements.I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Indeed. You can't trade if you have no proper knowledge. Sure, it is a must to understand technical and fundamental aspects. This is the basic ability to have, every trader must be able to do technical and fundamental analysis. With these analysis, we can minimize the chance of getting losses and we can optimize the chance of getting profits. But for the professional traders, they must experience more profits than getting losses.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
In trading we must learn the basic techniques, namely making analysis and techniques and trying to understand market movements.Trading is a process that can only master after constant practise and dedication and therefore it is important. Even when, each next step we make with an aspiration to learn will be useful in future, although the results in the process do not always appear immediately. It’s more like those mistakes that are made during the first part of such tests give us lessons to make our abilities better. We still need to continually wrap our heads around the concept and try to look for more information on how the market is like, or at least practise in doing so. When we keep on adding value to how we do it and ensure that the process is constant the journey to being a great trader feels more directed. This does actually take time but the outcomes that accompany it are proportional to the efforts that have been put in place.
Creating strategies and honing intuition in order to make accurate predictions. and all of this requires knowledge and experience in doing so.
Many people have been studying trading for years, but have not been able to become a professional trader, I believe this takes a long time. They are professional traders who must have long experience.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Having theoretical insight is very important for a beginner. So they need to learn about all that first. Nowadays there are many ways to learn everything. but yes, direct experience in the market will be very different emotionally. In theory, chart patterns and other analyzes can be learned, but the problem for beginners is often the same, namely that they are sometimes still quite weak emotionally. Where their emotional management is sometimes still not good enough. And usually they lose in trading not because they lack insight, but sometimes they lose because they can't control themselves, like they get carried away by hype and the like. Experience can help but yes it has to start with small capital and increase it slowly.I understand, but when you are a beginner things are different, you have to start with something to acquire it, if you have no experience, at least there are these photos, there are social networks, YouTube where you can see technical analysis, see how other traders do it so you can learn, this is valid, but I recommend reading books before trading, to at least know how the market moves, personally I read Wyckoff and Livermore, very good, you learn a lot of things and have a lot of arguments when it comes to placing a trade.Take note not all on social media and youtube are good as source of learning about strategies. If you want to learn then start with basic like how you read candles and learn patterns and then practice with paper money on tradingview until you discover how the price action works. When you grow you can start small amount and challenge your self to make it big. After you build a confident you can start trading with large amount. Just beware on intraday thats pretty risky better learn swing trading.
A beginner should only use the amount of money that he can afford to lose when trading so that he can control his emotions and learn by experience. However, trading is not as easy as we say it because if you are a trader, you will understand what I mean. Beginners need to learn trading to be grounded in it because it's very risky, otherwise, you will always be a loser.Having theoretical insight is very important for a beginner. So they need to learn about all that first. Nowadays there are many ways to learn everything. but yes, direct experience in the market will be very different emotionally. In theory, chart patterns and other analyzes can be learned, but the problem for beginners is often the same, namely that they are sometimes still quite weak emotionally. Where their emotional management is sometimes still not good enough. And usually they lose in trading not because they lack insight, but sometimes they lose because they can't control themselves, like they get carried away by hype and the like. Experience can help but yes it has to start with small capital and increase it slowly.I understand, but when you are a beginner things are different, you have to start with something to acquire it, if you have no experience, at least there are these photos, there are social networks, YouTube where you can see technical analysis, see how other traders do it so you can learn, this is valid, but I recommend reading books before trading, to at least know how the market moves, personally I read Wyckoff and Livermore, very good, you learn a lot of things and have a lot of arguments when it comes to placing a trade.Take note not all on social media and youtube are good as source of learning about strategies. If you want to learn then start with basic like how you read candles and learn patterns and then practice with paper money on tradingview until you discover how the price action works. When you grow you can start small amount and challenge your self to make it big. After you build a confident you can start trading with large amount. Just beware on intraday thats pretty risky better learn swing trading.
Another benefit of holding bitcoin without trading at risk is what we just have today again, as the market crossed to $107,600 all time high, this is more exciting to others, we are going to see it more rewarding than ever before because the market continues to pumps the more for this season, those that have already hold will be enjoying the ride on a bullrun by now.Bitcoin is showing good performance in the market right now, because the price of bitcoin has reached ATH $ 107K before this year ends. and it is likely to reach ATH again before December ends.
Without a doubt, that's the way things are. I've read a lot of books, but not about technical analysis, but rather by some of the market speculators like Wyckoff and Livermore, because it seems to me that they share their experiences and because of that one understands the market better. Now, in futures and short-term trading, it seems to me that things have changed a lot, the fundamentals are different, and of course I'm not going to deny that I follow a trader who trades options and futures, and he does it very well. In fact, he says that in that type of trading , the Patterns are the most common.
Take note not all on social media and youtube are good as source of learning about strategies. If you want to learn then start with basic like how you read candles and learn patterns and then practice with paper money on tradingview until you discover how the price action works. When you grow you can start small amount and challenge your self to make it big. After you build a confident you can start trading with large amount. Just beware on intraday thats pretty risky better learn swing trading.
A beginner should only use the amount of money that he can afford to lose when trading so that he can control his emotions and learn by experience. However, trading is not as easy as we say it because if you are a trader, you will understand what I mean. Beginners need to learn trading to be grounded in it because it's very risky, otherwise, you will always be a loser.
It is true that beginners should use enough, and practice first for tips and tricks in trading when they understand enough they can add capital, and when they are sure they can manage risk and accuracy, no matter how much they trade it doesn't matter because I am sure that professional traders, the level of loss will definitely be minimal because they will understand when making decisions.
good advice that a newbie should do because they should only hold while seeking knowledge and experience about crypto because there are many things that a newbie should learn in crypto, they should learn analysis, reading charts and market trends etc.It is true that beginners should use enough, and practice first for tips and tricks in trading when they understand enough they can add capital, and when they are sure they can manage risk and accuracy, no matter how much they trade it doesn't matter because I am sure that professional traders, the level of loss will definitely be minimal because they will understand when making decisions.
Some beginners are always lucky, you can see a newbie right now in crypto for the first time buy one or two coins and makes profits that someone in the space for a year hasn't make but the thing is that, such luck comes ones in a while, you don't get it all the time, this is why every beginner need to learn even when the market is great.
If I'm a beginner today, my first step in crypto is going to be holding a coin, I will not stress myself wasting money on trading but while doing that, I will use that time to learn demo trading so I can later use my holding and profit to establish trading degen.
When learning up on trading or simply you've been starting up then its just usual that you should really trying out to have a good grasps on everything and as you do go foward then it will really be normal that you will be experiencing some mistakes and errors on which this is really just that common. You are the ones who will really be needing to adjust because you wont really be able to learn if you do find yourself having some that easily get discourage on the moment that you do suffer loses on which there are people who cant be able to tolerate ou such condition. So it will really be that depending on you on how you do handle up yourself.good advice that a newbie should do because they should only hold while seeking knowledge and experience about crypto because there are many things that a newbie should learn in crypto, they should learn analysis, reading charts and market trends etc.It is true that beginners should use enough, and practice first for tips and tricks in trading when they understand enough they can add capital, and when they are sure they can manage risk and accuracy, no matter how much they trade it doesn't matter because I am sure that professional traders, the level of loss will definitely be minimal because they will understand when making decisions.
Some beginners are always lucky, you can see a newbie right now in crypto for the first time buy one or two coins and makes profits that someone in the space for a year hasn't make but the thing is that, such luck comes ones in a while, you don't get it all the time, this is why every beginner need to learn even when the market is great.
If I'm a beginner today, my first step in crypto is going to be holding a coin, I will not stress myself wasting money on trading but while doing that, I will use that time to learn demo trading so I can later use my holding and profit to establish trading degen.
Newbies should have focus and always practice skills and try to learn trading when they already have knowledge and it is advisable to use small capital.
Another benefit of holding bitcoin without trading at risk is what we just have today again, as the market crossed to $107,600 all time high, this is more exciting to others, we are going to see it more rewarding than ever before because the market continues to pumps the more for this season, those that have already hold will be enjoying the ride on a bullrun by now.
I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Yes, we must accept things as they are, in trading you learn every day, learning is always continuous, in addition there are many things that can positively or negatively influence the market, I generally see that almost all the fundamentals are negative, the only positive fundamental I have seen is Trump's, which made the price go up in an impressive way, I hope it continues like this, in general the books to read about trading are very good, it is a plus that we have when it comes to seeing what it can contribute, and the videos that some traders make out there on Youtube.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
good advice that a newbie should do because they should only hold while seeking knowledge and experience about crypto because there are many things that a newbie should learn in crypto, they should learn analysis, reading charts and market trends etc.For newbie have lack knowledge about cryptocurrency trading way better to be long term holder than trading because not difficult for making research and analyze just hold for selling when price pumping drastically.
Newbies should have focus and always practice skills and try to learn trading when they already have knowledge and it is advisable to use small capital.
I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Yes, we must accept things as they are, in trading you learn every day, learning is always continuous, in addition there are many things that can positively or negatively influence the market, I generally see that almost all the fundamentals are negative, the only positive fundamental I have seen is Trump's, which made the price go up in an impressive way, I hope it continues like this, in general the books to read about trading are very good, it is a plus that we have when it comes to seeing what it can contribute, and the videos that some traders make out there on Youtube.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.It is not a must to learn everyday but it is true that we must learn constantly. As a trader, we must always need to have more knowledge because crypto market always changes. If we don't improve our knowledge, we can adapt with the current condition in crypto market. To have better skills, it is a must to learn new things. So, I agree that we must keep learning but it is not a must to learn everyday. :D
We must have good skills and always monitor the movement of the crypto market, because at any time the price can change because of the character of the crypto market which is always fluctuating.
I think we all have different goals and aspirations, it is very difficult to give a rabbit when a person is looking for something in particular, holding or selling is according to our needs, and from there we start, you do not have to be very detailed, if there is an emergency sometimes the investment must be sold to solve it, but as long as it can be in hodl mode, at least in btc, it is a good thing, it is expected that by 2025 things with btc will be much better, and the price will reach much higher, because that famous 4-year cycle is fulfilled.In an emergency, we are indeed required to sell our bitcoins because we do not have other funds or savings.
Taking a view to assets that required for both short and long-term requirements is a step that can bring sense as well as dynamics. If we have an emergency fund, then in addition to preserving our investment plans, we remain calm during stressful situations. In particular, accumulation of such assets as Bitcoin is quite reasonable if we believe in its positive perspectives at the right time. What I have suggested is to continue to update information and adapt to market conditions during the time waiting for bigger opportunities. The two fundamental prerequisites are perseverance and prudence to make sure that more and more decisions are compatible with implemented goals.I think we all have different goals and aspirations, it is very difficult to give a rabbit when a person is looking for something in particular, holding or selling is according to our needs, and from there we start, you do not have to be very detailed, if there is an emergency sometimes the investment must be sold to solve it, but as long as it can be in hodl mode, at least in btc, it is a good thing, it is expected that by 2025 things with btc will be much better, and the price will reach much higher, because that famous 4-year cycle is fulfilled.In an emergency, we are indeed required to sell our bitcoins because we do not have other funds or savings.
but if we have good financial management where we have savings for emergencies, we do not need to sell our bitcoins.
keep holding our bitcoins until next year, because the bullish season will happen next year, be patient.
I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.
We must have good skills and always monitor the movement of the crypto market, because at any time the price can change because of the character of the crypto market which is always fluctuating.
Holding coins takes long time before it yields to good profits, it can also result to one loosing everything where the coins goes down. But trading can earn one huge amount of money in a shorter period. Trading is best for me.
I think we all have different goals and aspirations, it is very difficult to give a rabbit when a person is looking for something in particular, holding or selling is according to our needs, and from there we start, you do not have to be very detailed, if there is an emergency sometimes the investment must be sold to solve it, but as long as it can be in hodl mode, at least in btc, it is a good thing, it is expected that by 2025 things with btc will be much better, and the price will reach much higher, because that famous 4-year cycle is fulfilled.In an emergency, we are indeed required to sell our bitcoins because we do not have other funds or savings.
but if we have good financial management where we have savings for emergencies, we do not need to sell our bitcoins.
keep holding our bitcoins until next year, because the bullish season will happen next year, be patient.
In an emergency, we are indeed required to sell our bitcoins because we do not have other funds or savings.
but if we have good financial management where we have savings for emergencies, we do not need to sell our bitcoins.
keep holding our bitcoins until next year, because the bullish season will happen next year, be patient.
As a beginner, i try to learn everyday because as we all trading is a broad concept. Been learning and trying out different strategies that would increase my chances of making good profits. I don’t know but a trader recommended Bit get Onchain to me, claiming i can get to trade early tokens with it. What do you think ?I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Yes, we must accept things as they are, in trading you learn every day, learning is always continuous, in addition there are many things that can positively or negatively influence the market, I generally see that almost all the fundamentals are negative, the only positive fundamental I have seen is Trump's, which made the price go up in an impressive way, I hope it continues like this, in general the books to read about trading are very good, it is a plus that we have when it comes to seeing what it can contribute, and the videos that some traders make out there on Youtube.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
We must have good skills and always monitor the movement of the crypto market, because at any time the price can change because of the character of the crypto market which is always fluctuating.
Here we go again with with Bitget side chilling on which this isnt that seen on Bctalk but also on here. If this is a legit and real question then deal up with things on which you do know that you do have that potential on earning with it. So it will be that up to you on trading up on early tokens on which considering that the price are cheap but the risks on this one on which there's no assurance that these projects will really be that having the chance to fly when it comes into the price of it. In the question whether you should be holding or trade, then it will be that according into your preference because if you do find out that you can be able to handle up the risks on doing trading then you should do it, but if you cant be able to bare up such risks then holding option will be your best choice.As a beginner, i try to learn everyday because as we all trading is a broad concept. Been learning and trying out different strategies that would increase my chances of making good profits. I don’t know but a trader recommended Bit get Onchain to me, claiming i can get to trade early tokens with it. What do you think ?I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.I agree with what you said, in trading it takes a lot of knowledge because trading requires knowledge. We must be able to do fundamental and technical analysis and also develop the right strategy so that the results we achieve are greater profits than losses.Yes, we must accept things as they are, in trading you learn every day, learning is always continuous, in addition there are many things that can positively or negatively influence the market, I generally see that almost all the fundamentals are negative, the only positive fundamental I have seen is Trump's, which made the price go up in an impressive way, I hope it continues like this, in general the books to read about trading are very good, it is a plus that we have when it comes to seeing what it can contribute, and the videos that some traders make out there on Youtube.
A trader must also experience defeat, but the victory must be higher than the defeat he suffered.
We must have good skills and always monitor the movement of the crypto market, because at any time the price can change because of the character of the crypto market which is always fluctuating.
I usually trade Bitcoin and Ethereum because I think they are more reliable. If my trade is right, I take profit. If my trade is wrong, I hodl and wait for the right time to average down. I try to both hodl and trade. Only hodl is boring for me. This market is active 24/7. Why shouldn't I try to enjoy it more? Aren't we all here to have more fun? :)
If you have noticed, you will see that to become an experienced trader, he has to go through a lot of risks. And to become an experienced trader, you need to know and have experience in many things. On the other hand, an investor can buy a good coin and hold it for the future. Then he can reach his goal correctly. Yes, I am talking about Bitcoin, if you can invest in this coin for the future and hold it, then you can reach your goal correctly.
I agree in trading we have to learn every day, because it takes knowledge and experience in making analysis and developing strategies that we should understand when deciding to learn trading.
We must have good skills and always monitor the movement of the crypto market, because at any time the price can change because of the character of the crypto market which is always fluctuating.
Yes, it is a fact that in trading it is like a profession, when things are done well you need a lot of knowledge, that is why money is risked, otherwise it would not be done, so in view of these things, everything that helps you learn and be Better is Welcome , I Could say that when we are trading you have to combine the skills that best suit us , sometimes knowing a lot means that, just knowing a lot and that's it, we have to do what we consider to be the Safest and in case it doesn't work, accept it and that's it, move on.
If you have noticed, you will see that to become an experienced trader, he has to go through a lot of risks. And to become an experienced trader, you need to know and have experience in many things. On the other hand, an investor can buy a good coin and hold it for the future. Then he can reach his goal correctly. Yes, I am talking about Bitcoin, if you can invest in this coin for the future and hold it, then you can reach your goal correctly.According to my point of view, both traders and investors will require comparatively long time to be able to make reasonable decision. You can simply sit on Bitcoin and wait around for the outcomes for years to come, but the decision of why you’re holding it must stem from sufficient knowledge of what you are believing in. If one decides to conform with the Big Brother, then one risks being greatly let down. On the other hand, they need a full attention and also trading seems to be more tiring, but there are people for whom that method is appropriate. Thus it is not the matter of which is better but more in line with what your perception of changes in the market and how you respond to it.
Hello guys, i am currently holding my crypto, now i want to try trading would be very helpful if you give me some tips about trading, Thank you!
In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Hello guys, i am currently holding my crypto, now i want to try trading would be very helpful if you give me some tips about trading, Thank you!
I don't really teach anyone about trading like this. But there are some conditions that if not followed, he will face repeated losses. The things you need to have in yourself for trading are first of all patience. If you don't have this patience, you need to avoid greed and be patient with the long term and there are some basic things about trading or some conditions of investment that you need to follow and then you can slowly move towards investment.
In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Yes, patience is really needed. We may take a long time for learning, even learning will never end. If we want to be an expert, we must keep learning for the further knowledge. We can't be satisfied with the current knowledge. We must also set a higher goal if we want to be a better trader/holder. This surely needs a big patience because we may face many obstacles. People who are weak and have lack of patience, they probably never reach the level of experts.
Sometimes I feel that in the trading world the key is not in their intelligence or natural talent, but in their ability to learn and accept that one cannot win each day. There is no compulsion to never be wrong; however, there must be thoroughly unequivocal justification on why an action is being done. At this time I even wanted to try my luck saying that I have won for two consecutive times, but it was a trap. That is when the risk becomes greater when the results produced increase your overconfidence. Thus, instead of blindly seeking for results I have to improve my thinking style. If what I do lose, then I seek to locate it. At the same time, whether it is analysis or luck that helps me win, I realise it at the moment. From there, things become clearer and gradually add the aspect of some level of controllability that also slowly returns.In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Hello guys, i am currently holding my crypto, now i want to try trading would be very helpful if you give me some tips about trading, Thank you!
I don't really teach anyone about trading like this. But there are some conditions that if not followed, he will face repeated losses. The things you need to have in yourself for trading are first of all patience. If you don't have this patience, you need to avoid greed and be patient with the long term and there are some basic things about trading or some conditions of investment that you need to follow and then you can slowly move towards investment.
Have a clear mindset that the game is either win or loss and having the mindset that one can’t win everyday is just a good idea but in trading the more your knowledge of understanding the more positive you will become in your trading. The mindset aspect of not winning everyday is assure but with better knowledge and understanding the market can be your playing ground and the trend will be your friend,where you can bagged big profits everyday of the week. Knowledge gives you more information and possibilities over winning a trade, when one is knowledgeable then he can rest assure of winning ever day.Sometimes I feel that in the trading world the key is not in their intelligence or natural talent, but in their ability to learn and accept that one cannot win each day. There is no compulsion to never be wrong; however, there must be thoroughly unequivocal justification on why an action is being done. At this time I even wanted to try my luck saying that I have won for two consecutive times, but it was a trap. That is when the risk becomes greater when the results produced increase your overconfidence. Thus, instead of blindly seeking for results I have to improve my thinking style. If what I do lose, then I seek to locate it. At the same time, whether it is analysis or luck that helps me win, I realise it at the moment. From there, things become clearer and gradually add the aspect of some level of controllability that also slowly returns.In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Hello guys, i am currently holding my crypto, now i want to try trading would be very helpful if you give me some tips about trading, Thank you!
I don't really teach anyone about trading like this. But there are some conditions that if not followed, he will face repeated losses. The things you need to have in yourself for trading are first of all patience. If you don't have this patience, you need to avoid greed and be patient with the long term and there are some basic things about trading or some conditions of investment that you need to follow and then you can slowly move towards investment.
In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Hello guys, i am currently holding my crypto, now i want to try trading would be very helpful if you give me some tips about trading, Thank you!
I don't really teach anyone about trading like this. But there are some conditions that if not followed, he will face repeated losses. The things you need to have in yourself for trading are first of all patience. If you don't have this patience, you need to avoid greed and be patient with the long term and there are some basic things about trading or some conditions of investment that you need to follow and then you can slowly move towards investment.
Investing does require patience, especially in learning trading, it also requires patience to always learn and have sufficient knowledge in trading.
Yes, we really need patience to achieve our life goals. If we cannot be patient, then we will not find success in any work. We have a lot to learn or we can spend a lot of time for it, but basically we have to be patient. We know that there is no end to learning, even though we are more than that, why if we want to become an expert, we have to gain a lot of knowledge and maintain patience and weakness. If we want to be a good businessman, then we have to have a goal in life so that we can achieve it.
As in all the trades it is well said that patience is the key in the world of trading. We also observe people going to great lengths, looking at the trends each second, and attempting to put methods into practise with an aim of gaining large amounts of wealth in the shortest time. But, there is a lot of patience in undergoing this process as it leads to successful trading. As said above, being careful in the market analysis and appreciating price changes and not taking hasty decisions is all about learning continuously. Somehow, the most impressive outcomes are only achieved when people do not despair during waiting for the right moment and taking the risks. This does not mean the investment of efforts and time will not pay earlier it will make more of definite and quantifiable results later on.Investing does require patience, especially in learning trading, it also requires patience to always learn and have sufficient knowledge in trading.
Yes, we really need patience to achieve our life goals. If we cannot be patient, then we will not find success in any work. We have a lot to learn or we can spend a lot of time for it, but basically we have to be patient. We know that there is no end to learning, even though we are more than that, why if we want to become an expert, we have to gain a lot of knowledge and maintain patience and weakness. If we want to be a good businessman, then we have to have a goal in life so that we can achieve it.
Many people spend their time making analysis and always monitoring the market by practicing strategies in order to get maximum profit, and I think that requires patience.
I usually trade Bitcoin and Ethereum because I think they are more reliable. If my trade is right, I take profit. If my trade is wrong, I hodl and wait for the right time to average down. I try to both hodl and trade. Only hodl is boring for me. This market is active 24/7. Why shouldn't I try to enjoy it more? Aren't we all here to have more fun? :)
Yes, trading is a very quick way to make money. But it will be very risky for you because if you trade a lot every day, you will definitely face losses and you can also make a lot of profit. It completely depends on your personal knowledge and the fundamentals of trading. If you are a professional trader, you should definitely do these and also be involved in long-term investments.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Trading is profitable sometimes but it something risky. I also a trader but some times market gose my opposite then i have to wait long time. Even it were lose for me. And trading create huge mantle presser which is very harmful for human body.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
There may be lots of prospects in trading but bear in mind the risks associated particularly if you're inexperienced. It is possible to make momentary gains but on the contrary, you stand the chance of recording significant loses. Trading can likely boost short term returns if you're very good in right timing of the market and how to benefit from price variation across exchanges. But for me, I have at least for now embraced the approach of holding for a long term and patiently wait with the hope of realizing profitable gain over time.
Trading is profitable sometimes but it something risky. I also a trader but some times market gose my opposite then i have to wait long time. Even it were lose for me. And trading create huge mantle presser which is very harmful for human body.
On the otherhand holding is not presser able. We can stay mantle free for holding. Even market go my Against, no problem. Because within short time or long time it will be recover and i will get profit i believe it.
A trader is different from a hodler, traders are never patient enough to reap profits from their bitcoin investment in the long run, only investors does. Whoever is investing in a long term is a long-term investor and I believe that's what people that are concerned more about their future does. Traders are only after today's profit and are not bothered about keeping their bitcoin for future purpose.Trading is profitable sometimes but it something risky. I also a trader but some times market gose my opposite then i have to wait long time. Even it were lose for me. And trading create huge mantle presser which is very harmful for human body.
On the otherhand holding is not presser able. We can stay mantle free for holding. Even market go my Against, no problem. Because within short time or long time it will be recover and i will get profit i believe it.
A trader cannot profit all of the time because, as you mentioned, the market is volatile, and this volatility puts pressure and stress on the trader because there is always the possibility that things will go wrong and funds will be lost.
I think holding is the best for a trader. A trader who holds will not be pressured by market volatility because he believes that even if the market turns against him, he will recover and even profit in the long run. The trader is not bothered by market fluctuations.
IMO even a short term investor is also a trader because they can't hold their Bitcoin for long term. However a trader is different from a Bitcoin investor because Bitcoin investor with a long term perspective knows that holding for long term will yield big profit for them in future. But a trader is after quick profit, they want it now and can't wait to have it in future. Although there a lot of profitable traders out there but I still choose to invest for long term.Well, i don’t seem to know what differs a trader between a bitcoin investor.Trading is simply buying and selling and that ; particularly is what a bitcoin investor does.He partakes in the activity of either buying or selling to invest in bitcoin basically.
point of main, holding need long time but trading is short time which you can make money everyday from trading.There are different ways to trade and invest in the cryptocurrency market. And it depends on your risk tolerance and time availability to determine which one is best for you. You will need to spend more time in the cryptocurrency market. If you are comfortable taking more risk, have the ability to monitor the market, and you are mostly aware of the market and can predict where the market is going and from that you can come up with your own strategy, then trading may be the right strategy for you. If you prefer a hassle-free or stress-free way, you may want to consider investing for the long term. A mix of both is also an option.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
point of main, holding need long time but trading is short time which you can make money everyday from trading.There are different ways to trade and invest in the cryptocurrency market. And it depends on your risk tolerance and time availability to determine which one is best for you. You will need to spend more time in the cryptocurrency market. If you are comfortable taking more risk, have the ability to monitor the market, and you are mostly aware of the market and can predict where the market is going and from that you can come up with your own strategy, then trading may be the right strategy for you. If you prefer a hassle-free or stress-free way, you may want to consider investing for the long term. A mix of both is also an option.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
In trading, the trader must be under pressure from the mental side. Especially after taking a new trade, one has to keep a constant idea about the market. The trader always has to take a cautious position with every movement of the market. However, it is possible for those who are holders to take profit without any pressure. The positive aspect of a trader is that he will always be involved with cash, on the other hand, the holder will find profit after a long time. However, even after a long time, a holder will gain relatively much than traders.point of main, holding need long time but trading is short time which you can make money everyday from trading.There are different ways to trade and invest in the cryptocurrency market. And it depends on your risk tolerance and time availability to determine which one is best for you. You will need to spend more time in the cryptocurrency market. If you are comfortable taking more risk, have the ability to monitor the market, and you are mostly aware of the market and can predict where the market is going and from that you can come up with your own strategy, then trading may be the right strategy for you. If you prefer a hassle-free or stress-free way, you may want to consider investing for the long term. A mix of both is also an option.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
That's just simple logic dude, if traders don't want to be stressed, it's good for them to stay in Hold, now if they want to be stressed then they should trade, that's all.
We know that trading is very stressful when the position we made is wrong in the activity to be done on the actual exchange.
although in trading when you are small and you have mastered the trading moves, you will quickly make a profit, not every day but for sure in a week you will
have a profit to give to your family.
The token business, pre-sales and all that, even though it is something that can be profitable, it seems to me that it is something much riskier, tokens are the projects in which I trust the least, due to my experience, tokens can be very good at the right time, that is , if the token is launched before a bullish trend in BTC is confirmed, it is the best they can do, however, it is just my perception.
As a beginner, i try to learn everyday because as we all trading is a broad concept. Been learning and trying out different strategies that would increase my chances of making good profits. I don’t know but a trader recommended Bit get Onchain to me, claiming i can get to trade early tokens with it. What do you think ?
I don't agree with those trading courses because obviously they just make money off their followers or viewers. Then the compensation for what they teach is really very basic that is not even appropriate for the amount paid.Yes, I also think like you, things are always very different because the people who offer those curious things always try to get a lot of attention so that they buy, that is, they turn it into a business, I start from the fact that the best thing is reading books, for me reading books is what makes a professional professional, the courses, and those academies dictate their knowledge and we don't know if they say good or bad things, on the other hand if we read books and take one of those courses, we will know if what they tell us is real or not.
The token business, pre-sales and all that, even though it is something that can be profitable, it seems to me that it is something much riskier, tokens are the projects in which I trust the least, due to my experience, tokens can be very good at the right time, that is , if the token is launched before a bullish trend in BTC is confirmed, it is the best they can do, however, it is just my perception.
As a beginner, i try to learn everyday because as we all trading is a broad concept. Been learning and trying out different strategies that would increase my chances of making good profits. I don’t know but a trader recommended Bit get Onchain to me, claiming i can get to trade early tokens with it. What do you think ?
Trading and investing ain't bad aslong you got good knowledge about them. Like recently I'm focusing more on holding than trading though, leaving higher percent of my funds on holding and the remaining in trading but I've reduce my duration of trading now back then normally trade daily. But now I'm working on my self to improve my principles in trading. Because if don't learn risk management in trading you endup losing your funds. Investment really good for newbie who don't have more idea on cryptocurrencies can still make profits from holding aslong you holding the right coins.
point of main, holding need long time but trading is short time which you can make money everyday from trading.There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.
point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
Indeed, awareness of crypto significantly affects what we get as a result. We would be directionless and trade blindly without any understanding of the trends or the forces shaping the prices in the market. A lot of people join hoping to make quick money but lose their funds when they do not have the time and strive to keep on learning. In this very fast world, only with the right understanding can the risk be addressed or minimised and one can be put and kept on the right track. It is important we understand this that all the big decisions mostly take time to be fully analysed thus be fully understood.point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.
- Knowledge is really the most important thing you mentioned here, op, because it all comes from here whether we will make a profit or not. Because if the knowledge you learn is wrong, you will not be able to gain in the end the profit you expect from cryptocurrency.
Knowledge is a broad issue, and trading is also a broad issue, so the battle and need here is patience, and dedication to what you want to fulfill here in the crypto industry that we are in today.
I believe that anyone with half a brain can easily propose that there is no skill involved in buying and selling of bitcoins is misleading. It just maybe stated as ‘buy low and sell high’, but nobody knows the actual low or high, which is suitable for buying and selling respectively. If it was that simple, many people were going to be raking in large profits on a daily basis. All these pointed a bit to aspects of decision making, trying to comprehend the market situation, and controlling the emotions of either fear or greed. It is important to keep practise on these aspects. It can be referred to as short term investment, but when you are involved in deciding when to buy and when to sell by focusing on growing price fluctuations covering as short time intervals as days or weeks it is practically similar to trading.point of main, holding need long time but trading is short time which you can make money everyday from trading.There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.
What skill do you need to buy and sell bitcoin guy? Please can you tell us why it is misleading? And why people are not making profit like that it is because of the movement of bitcoin. It is slow and you are not expected to make profit like traders as a short term investor. Though all depends on the amount and the movement of bitcoin at the time of the investment. Day before yesterday I bought bitcoin at the right of $83+k and today I sold it at the rate of $85k that is Short Term investment and do I need skill for that? Trading and investment be a short term and long term are not the same. And will never be the same. We don't have TP/SL in short term investment but it is there in the short and long term trading.I believe that anyone with half a brain can easily propose that there is no skill involved in buying and selling of bitcoins is misleading. It just maybe stated as ‘buy low and sell high’, but nobody knows the actual low or high, which is suitable for buying and selling respectively. If it was that simple, many people were going to be raking in large profits on a daily basis. All these pointed a bit to aspects of decision making, trying to comprehend the market situation, and controlling the emotions of either fear or greed. It is important to keep practise on these aspects. It can be referred to as short term investment, but when you are involved in deciding when to buy and when to sell by focusing on growing price fluctuations covering as short time intervals as days or weeks it is practically similar to trading.point of main, holding need long time but trading is short time which you can make money everyday from trading.There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.
There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.If it is yearly, I don't think it is a short-term. In my opinion, short term is only for daily or monthly holding. ;)
This is the case when trading in Bitcoins, especially knowing the fact that the market can be cheetah speedy and we cannot jump into it without adequate analysis. Indeed, Price of Bitcoin has many fluctuations quite regularly, but this should not be an excuse to allow ourselves to be complacent. Most people are mistaken with a belief that following the trend certainly means that profits are going to come. But it is important to determine when to make a particular move and that is only possible if marketers have adequate information of market indicators. Still, it is much the same as you noted that even if there are windows of opportunity in the BTC market, a head and analysis abilities are required to make the right action or decision and avoid failures.There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.If it is yearly, I don't think it is a short-term. In my opinion, short term is only for daily or monthly holding. ;)
Trading Bitcoin with the current market condition is quite good idea. It is because Bitcoin keeps increasing and declining regularly. It is not so difficult to analyze the price movement of Bitcoin. However, this still needs skills of analysis, dude. It is untrue if we don't need any skills.
This is the case when trading in Bitcoins, especially knowing the fact that the market can be cheetah speedy and we cannot jump into it without adequate analysis.Every decision must be through analysis. Even if Bitcoin is a safe coin, we must have analysis before we decide to buy the Bitcoin. Bitcoin can be sideways for many weeks, or it can have corrections for few days. If we target for taking profits daily or weekly, it can be a problem.
Indeed, Price of Bitcoin has many fluctuations quite regularly, but this should not be an excuse to allow ourselves to be complacent. Most people are mistaken with a belief that following the trend certainly means that profits are going to come. But it is important to determine when to make a particular move and that is only possible if marketers have adequate information of market indicators. Still, it is much the same as you noted that even if there are windows of opportunity in the BTC market, a head and analysis abilities are required to make the right action or decision and avoid failures.That's why we must have analysis, both fundamental and technical analysis. In this way, we can know the best time to buy Bitcoin and we know the time for selling it. Sure, it always fluctuates, but it isn't impossible that it has a big change suddenly. Few weeks ago, we have experienced that Bitcoin price dropped significantly in few days only.
Short term investment in Bitcoin to me isn't a good form of trading and that's because of the limited chances of gaining high. I'm not a daily, weekly trader but I know that trading altcoins are more beneficial for traders and that's because I have daily and weekly traders who make good profits. The best investment plan for Bitcoin is always long-term investment. I've been a long-term Bitcoin investor and I can boldly say it's my safe haven when it comes to tradingThere is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.
Sometimes we trade it is also influenced by our situation and condition, so in trading we can be relaxed and also can be in a hurry. Relaxed I mean our financial condition is sufficient, then in trading Crypto we can also be calmer. The coins we hold can be held longer to get bigger profits, and vice versa if our financial condition is not good. So when we have a little profit, we want to rush to sell and withdraw profits.In my view, in trading it is not just markets that talk but only how ready or strong you are internally when making decisions. When all aspects of a person’s life are well catered for, there is more time in investment for assets. On the other hand, when the economic forces hold, then there is no harm for one to act swiftly in order to lock what has been gained. I strongly believe that there are no right or wrong ways when it comes to trading, what we have is how suitable for what you need at a given time. Self-respect is one form of courage which many a times is not easily considered.
So actually there are many factors that influence our calmness in trading, so we can make a decision to hold coins or sell coins that we have previously bought.
Sometimes we trade it is also influenced by our situation and condition, so in trading we can be relaxed and also can be in a hurry. Relaxed I mean our financial condition is sufficient, then in trading Crypto we can also be calmer. The coins we hold can be held longer to get bigger profits, and vice versa if our financial condition is not good. So when we have a little profit, we want to rush to sell and withdraw profits.Yes, we can't avoid to lose some of our Bitcoin when we are in bad condition. Sometimes we have urgent needs, so we are triggered to sell some of our Bitcoin. I think it is no problem if we sell the Bitcoin for urgent needs. I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).
So actually there are many factors that influence our calmness in trading, so we can make a decision to hold coins or sell coins that we have previously bought.
That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.~I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).
That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.Another important lesson that I understood personally, is that fear in trading is much worse than the loss. What ordinarily results from panicking is that your losses escalate, and you stand to lose more than what you tried to conserve. It takes courage to be able, in some way, to resist that temptation even if one feels like his or her entire being is against it. One of them is that I always set up a plan on when the market is closed that is when the stock will be sold, when it will be held. That way, the decisions are made not by the passion that is generated to high level and reaches the explosive stage, but by the plan you have set down when all the hues and cries from the inner self were not so loud.
When we panic, it is already wrong, especially if we do something like selling when we panic, it is clearly wrong or at least it is an unwise decision at all.I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.
Short term investment in Bitcoin to me isn't a good form of trading and that's because of the limited chances of gaining high. I'm not a daily, weekly trader but I know that trading altcoins are more beneficial for traders and that's because I have daily and weekly traders who make good profits. The best investment plan for Bitcoin is always long-term investment. I've been a long-term Bitcoin investor and I can boldly say it's my safe haven when it comes to tradingThere is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.
Yes, if a trader loses in trading, he will lose some money but he will also learn from that but when he is afraid of trading, he will fail to learn. When he loses, he will understand his mistake and correct himself later but if he does not trade due to fear, then he will fail to learn from trading. However, if someone is only interested in holding without trading, that is his personal matter. Holding is much easier than trading. It will completely depend on the investor. However, just as a holder will not understand the joy of trading, a trader will not know about the benefits of holding.That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.Another important lesson that I understood personally, is that fear in trading is much worse than the loss. What ordinarily results from panicking is that your losses escalate, and you stand to lose more than what you tried to conserve.
In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.Yes, patience is really needed. We may take a long time for learning, even learning will never end. If we want to be an expert, we must keep learning for the further knowledge. We can't be satisfied with the current knowledge. We must also set a higher goal if we want to be a better trader/holder. This surely needs a big patience because we may face many obstacles. People who are weak and have lack of patience, they probably never reach the level of experts.
The panic can arise when suddenly the price drops significantly in a short time, but usually this happens to new traders who are not used to such things.~When we panic, it is already wrong, especially if we do something like selling when we panic, it is clearly wrong or at least it is an unwise decision at all.
Because when we sell because we panic, it means we are not doing what we really think, because of the pressure. We panic and we cannot think clearly, so everything we do is based on something that is unreasonable.
Learning crypto trading is a continuous process to master the market behavior, and obviously, learning doe not end because there are bound to be changes on the market dynamics.True, learning will never end. People who care with knowledge, they will always keep learning. But people who don't care with knowledge, they may stop learning earlier.
Moreover, for s traders to consistently earn good profit overtime, he must be willing to get frequent lessons or advice from the most experienced traders.
Just like you mentioned, patient is one of the key on trading but it also depends on the trading type like, day traders, swing traders, and it can depend on the trading options too, Spot, margin and future options has different levels of risks teloranc on individuals preferences, the same goes with being patient on the negative/positives condition of the market at certain points.