Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: laijsica on August 10, 2024, 01:00:03 PM
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin is a volatile asset, but you can see how many times its price has increased since it came into the market in 2009. But if you do a short term calculation, you can see how much Bitcoin has fallen in the last 2-3 months. Considering these, you will understand yourself whether Bitcoin is a long-term investment asset or a short-term investment asset. If I have to say my personal opinion then this is definitely an asset to invest in for long term. And I invest Bitcoin for long term as per DCA which has low risk and good profit margin. Another thing is that Bitcoin is financial freedom so saving here can also be a part of smart thinking.
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Trading can make profits in the short term. so Bitcoin trading can be profitable, while long-term investment in Bitcoin is more profitable. Therefore, according to your risk strategy and the profits you set, you will choose whether you want to be a trader or an investor and the amount of trading or investment.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk.
Opting for short term trading to me is only applicable for highly volatile cryptocurrencies like the meme coins and trading them means you’re just gambling your funds and you can as well be ready to face the consequences of it, which could lead to losing all of your tokens at a go. The high risk accompanying such coins are very high that it needs to be avoided by all means. Long term holding of bitcoin is the best and has much lower risk than any altcoin that tends to be performing well in the market too.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
The cryptocurrency market have existed since 2009 and over the years we have seen how the market have been performing. It is very difficult not to say and be sure that long term holding is the best and cannot be overlooked when looking for what that of trading to opt in for. It has been proven and certified that long term holding is the best and cannot be compromised for anyone that’s want to earn good rewards without having to be in a big risk.
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Even the short term investment there is way the investor can prolong the capital by only taking the gain and keep the capital investment for long term. It I that way, he won't gain much in the All Time High. Bitcoin investment is just a calculation. If you are not smart enough, you will lose well. But all, long term investment is the best because the gain will be high.
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Even the short term investment there is way the investor can prolong the capital by only taking the gain and keep the capital investment for long term. It I that way, he won't gain much in the All Time High. Bitcoin investment is just a calculation. If you are not smart enough, you will lose well. But all, long term investment is the best because the gain will be high.
There are many strategies and even the taking profit strategy might sometimes not give some desired results. You could lose alot at the long run. Also keeping the capital and as well as the profits could backfire when there is great dip. So, everything is about being calculative and everything also is about risk taking.
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Even the short term investment there is way the investor can prolong the capital by only taking the gain and keep the capital investment for long term. It I that way, he won't gain much in the All Time High. Bitcoin investment is just a calculation. If you are not smart enough, you will lose well. But all, long term investment is the best because the gain will be high.
There are many strategies and even the taking profit strategy might sometimes not give some desired results. You could lose alot at the long run. Also keeping the capital and as well as the profits could backfire when there is great dip. So, everything is about being calculative and everything also is about risk taking.
Exactly. So the two ways are also involved. Either the long term or the short term. There are some people that favoured with the short term investment and do not like to invest foe long term. But either ways, all are good to go if the investor is good with calculative measure. The risk is always there is in investment and greediness also making some investment to lose because of impatient.
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I personally hodl short term because long term hodling won't work for me due to my priorities in life I am still helping my parents and buying things that will help me and my family survive during natural disasters which is very common here in my country. I don't have a stable ang good paying job aside from my crypto income so yeah it's really hard for me to hodl long term.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
other people’s opinion shouldn’t matter you should decide for yourself which one you think is most preferred by you some people are just simply not cut out for short rerm trading be it because of the risks they can handle or the nature of their daily lives whether they are busy with something else and too busy to give trading the time of the day in which case holding will be the ideal choice
personally holding is the best for me sure it may not produce a bigger profit in a much quicker way but it is safer and doesn’t require too much attention
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Hmm, why people mostly emphasize on the long term investment rather than trading to make higher profits? Because they want to save time, also trading requires a lot of effort and additional skills and experience still the risk remains high. A long term investment is reliable and requires a basic understanding of the asset only, and you can enjoy almost risk-free returns if you are in a good asset like Bitcoin.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
For long term holding, I prefer Bitcoin because it will be safe for holding a long time. The cycle is very clear, Bitcoin always hits ATH every 4 years. So, I usually plan for holding 3-4 years for taking profits. But for short term, I prefer altcoins because they are more volatile. Most of altcoins can increase in a short time whenever there is good news related to the coins. However, we must be aware that they are also easily decreasing significantly in a short time, too.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Trading is not for everyone, and you don't need to be an expert to hold bitcoin.
I don't suggest trading to most people, you can never beat the system and big players, this is more like a high risk gamble.
In case you decide to trade I would only use smaller percentage of your total portfolio, maybe around 10% to 15%
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Most traders are losing money.
Around 1% – 20% of traders earn a profitable margin at the end of the day. The low success rate often discourages the newbies who learn new ways from an online course or television. Studies have shown that around 97% of day traders have lost their money in two years (https://whatsthebigdata.com/day-trading-statistics/#:~:text=Around%201%25%20%E2%80%93%2020%25%20of,their%20money%20in%20two%20years.)
Not everyone can be a trader. Most people think short term trading is about making strategies to make money everyday but so they can lose money everyday instead because trading is risky. While some traders want to make money from trading, they are losing.
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The cryptocurrency market have existed since 2009 and over the years we have seen how the market have been performing.
The first cryptocurrencies started in 2009, but trading did not start until the end of 2011. The number of altcoins was low, and there were no opportunities to make profits or a market like what we are talking about now. Even Ethereum did not exist.
Most traders are losing money.
The article talks about trading in futures markets, which are more risky than traditional markets.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
This is actually a choice because some people may want to go for Long term holding which gives them peace of heart without having to risk much, there risk is just to stay away from the market and watch till their desired years it could be like 6 to 12 years or even more. When trading it's gives you the chance to lose more if you aren't that perfect with the market and because you can't control your emotions you would ends up losing big time but holding you would sell when the years is reached or when you think you have accumulated enough profits.
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Long term hodling and short term trade is literally two most common ways Bitcoin investors used in their accumulation. Though, so many people don't really opt for trading, due to the risk involve, but that doesn't mean that those who are into it are not making profits either. Let's be sincere, they are making profits, as well as losses, but they choose to do it because it's their choice. As for me, I prefer hodling for long term. I haven't shown any interest in trading at all. Maybe it's because I don't have the time to learn it, but it's obviously not risk related.
And just to add, inorder for someone to hold for a long term, then should be other avenue where he or she can get cash, i.e having other sources of income. Because if enough money is not coming in to sustain an investor thereby providing the basic things for survive, then the long term investment might have a little set back. But like I said earlier, long term investment has always been my thing. I might go into trading some day, but it's clearly not for the now.
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For one who knows about the 4 years circle of Bitcoin halving, long term is most people's choice, but it's all done with manner intelligence to invest during the bear market and sell during the bull run.
The method of investing in Bitcoin during the bear market and selling during the bull run has been the perfect method most investors have been applying to their Bitcoin investment, and it seems to be working out for them in making huge profits from their Bitcoin investment.
For instance, those who bought bitcoin when it was $30k last year, are hodling it strong till now. I think many would like to sell their Bitcoin assets by next year when Bitcoin skyrocketed to $100k. If peradventure Bitcoin falls in price in upper years, during the bear market, they will invest in Bitcoin back using the DCA strategy
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I stand by your choice because it's a good one. I also have tested this and spent time in short-term trading and it was not worth the effort, I was taking risks, and kind of always under pressure and stress to make a profit or to avoid loss. The market is just too volatile and I was also a newbie at that time but if proper knowledge and analysis are done before starting short-term trading you can bring good profit and avoid loss as well.
But I don't want to be spending too much time on charts and analyzing what I think I'm not good at so I preferred Long-term holding and I have been accumulating BTC from the $28k and I am making a good profit on my investments but you must have good capital to make a good profit otherwise you won't be happy with results.
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Bitcoin will be profitable if you keep it for the long term because in the long term you will not be afraid of price reduction and you can also experience different events due to which making profit will become easier. For the short term there are so many altcoins and you can choose that if you want to take benefit quickly but in this case you should also be ready for loss as anything can come about.
If you are an experienced trader then you can also think about trading but newbies cannot do trading with 100% profitable outcomes therefore they should invest in Bitcoin with the amount that they can afford until the timing of bull season.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Alright, I can agree with your others sentences but I couldn't agree with that There is no guarantee that you will get enough profit by holding bitcoin for long-term, because if a holder really set the target with analysis properly then most of them will get enough profit some times they can cross the expectation.
I also love to hold for long-term. And from now I have experience of trading and the holding both and there I haven't get enough profit on short-trading there is amount of loss is high and on the other case my dca investment was on track and I am seeing I have already beyond my expectation now I am just waiting for the next bull season.
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Personally, I choose to invest in the long term. It is true that Bitcoin is a very volatile asset in the short term, but if we look at the history of Bitcoin, we see that it has one upward trend in the long term.
This makes me prefer to invest in the long term through the holding and DCA strategy. Of course, this does not prevent creating some short deals if the conditions are favorable and you know the right time to buy when it falls and sell when it rises. Although I do not advise you to do this except for those who have experience in trading.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I want to gave my opinion here on the base of two facts. And those are one Newbiew trader and the another one is Professional well skilled Trader.
Now if you are a newbie in this trading world and have very short knowledge of trading analysis then you can chose bitcoin investment for long-term by checking it's halving periods records and as well as the bull-season record. So that you will have the idea when you will need to invest and when you will need to sell the coins.
And if you have already skill on analysis then trading is for you because short-term trading required lots of knowledge about trading like the fundamental analysis and the technical analysis.
And I usually do the long-term trading with DCA method because I don't have much technical analysis skills.
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Hmm, why people mostly emphasize on the long term investment rather than trading to make higher profits? Because they want to save time, also trading requires a lot of effort and additional skills and experience still the risk remains high. A long term investment is reliable and requires a basic understanding of the asset only, and you can enjoy almost risk-free returns if you are in a good asset like Bitcoin.
True.
Long term investment is the true definition of passive investment and earning. It will not eat your time and yet you will have good returns if you are on a good asset. Trading is not risk free;
It comes with some emotional imbalance;
It is only profitable if you have mastered it very well. So, use any method that works for you to earn. But if you are not a trader, don't just risk it and take it like a gambling, you will lose money.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability.
When you are not into trading, it is good to look things long-term when investing with Bitcoin. Of course, you can do both strategies just like many are doing since they are good at trading and at the same time they are also holding BTC and other top coins into the future. What is good with cryptocurrency is that you can choose which path you wanted to take and make sure you are continually learning on things so you won't be left behind. Now, with the many possible rewards in this industry, there are also many risks and one must make sure to properly manage them well. Again, you can be a trader, a holder or even both.
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Trading can make profits in the short term. so Bitcoin trading can be profitable, while long-term investment in Bitcoin is more profitable. Therefore, according to your risk strategy and the profits you set, you will choose whether you want to be a trader or an investor and the amount of trading or investment.
It is possible to make a lot of profit through trading but for this one must have a long experience and be an expert in trading. But investing for the long term does not require much skill and experience. All that is required in this case is the inability to control oneself and patience. If one watches the market repeatedly after long-term investment, he may lose patience when he sees the market going down and sell it at a loss. So you must have the ability to keep yourself under control. And if they are, holding will be much safer and profitable than short term trading.
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Prefer long-term Bitcoin over short-term or day trading.
Investing long-term we only need to practice patience and be able to get through all the obstacles about the market crashing, as long as we don't panic when it goes down it becomes an opportunity for us to keep accumulating at the lower price.
With long-term, I don't have any heavy pressure, just need to wait for years to see profits.
Trading is too complicated and it can be nervous when you can't determine a decent profit, let alone trading futures you have to be prepared for all the risks when the market crashes normally this will be a tremendous panic.
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Trading can make profits in the short term. so Bitcoin trading can be profitable, while long-term investment in Bitcoin is more profitable. Therefore, according to your risk strategy and the profits you set, you will choose whether you want to be a trader or an investor and the amount of trading or investment.
Trading may be profitable for you for a while but you have to take high risk. You may get back the profit along with the capital after some time but you should not take that risk. You should review the level of risk and expect long-term investment returns accordingly because considering the unexpected risk should focus on depositing bitcoins weekly or monthly from disposable income.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Both have it's advantages and disadvantages depending on the situation and different factors, but as a conservative investor, I would always go with the long-term Bitcoin holding.
I've tried trading already hoping to earn some profits in the short-term, but it didn't end up well for me. Long-term investing for me is the one that works and especially now that I'm in the mid-20's still, I believe that time is on my side as well. There are some investors that are expert in trading and they prefer doing it rather than holding their Bitcoin because they believe they will make more profit if they trade. On the other hand, there are some who are like that prefers a less-risk and less-stressed approach which is to just buy, and just hold it all.
At the end of the day, it will all comes down to what works for us. What works for you might not work for me, and vice-versa. What's important is that we make profit in the end. :)
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
Exactly. Investment is the best option to take than trading in bitcoin. As you said. One can just invest and relax for the whole of his live and might only come and check if the movement is favourable because you have to know that to tell people how it is in the movement. But in the trading, it might even give you sleepless nights and stressful day. So for one to have time to do other things, it's good to invest in bitcoin and keep it for a long time. And you need to sketch a time frame for the investment.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
Exactly. Investment is the best option to take than trading in bitcoin. As you said. One can just invest and relax for the whole of his live and might only come and check if the movement is favourable because you have to know that to tell people how it is in the movement. But in the trading, it might even give you sleepless nights and stressful day. So for one to have time to do other things, it's good to invest in bitcoin and keep it for a long time. And you need to sketch a time frame for the investment.
If we want to be calm and not be affected by fluctuating market conditions, we can choose to invest long term by patiently holding onto our bitcoins until the time we have set, usually investors wait for the bullish season. If we trade for the short term, it will make us uneasy because we are always monitoring the market. But that's what many people do who choose daily trading. Each person has goals and methods adapted to their respective abilities and skills.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
Exactly. Investment is the best option to take than trading in bitcoin. As you said. One can just invest and relax for the whole of his live and might only come and check if the movement is favourable because you have to know that to tell people how it is in the movement. But in the trading, it might even give you sleepless nights and stressful day. So for one to have time to do other things, it's good to invest in bitcoin and keep it for a long time. And you need to sketch a time frame for the investment.
If we want to be calm and not be affected by fluctuating market conditions, we can choose to invest long term by patiently holding onto our bitcoins until the time we have set, usually investors wait for the bullish season. If we trade for the short term, it will make us uneasy because we are always monitoring the market. But that's what many people do who choose daily trading. Each person has goals and methods adapted to their respective abilities and skills.
If the main goal is long-term asset growth, holding may be more suitable. Conversely, if you want to profit from short-term price fluctuations, trading can be an option. Trading requires consistent market monitoring, while holding is more passive. There is no right or wrong approach. The most important thing is to choose a strategy that suits your risk profile, financial goals, and lifestyle.
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The most important thing is to choose a strategy that suits your risk profile,
The risk is in the asset, I think you are referring to their ability to manage finances, because if the risk is exceeded, the game is over. That is, their continued ability to trade or invest is affected.
If a person is risky in the intrinsic attitude-aptitude, that does not guarantee financial success, it is measured in the asset, you understand the point, when the appropriate jargon is not used for the respective niche.
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Bitcoin is the best crypto coin right now in the world and the first crypto coin to be created, long term Bitcoin investment is the best because you will have more peace of mind and you won't have fear of losing your money we know Bitcoin is volatile but when ever there's a dip or fall is not something to worry about because it will still rise and since is even volatile that is the more reason one needs to choose a long term Bitcoin investment, people who always have loss in Bitcoin are those involve in short term trading.
Those who are involved in short term trading some times loses money and you can't compare someone who's into Long term Bitcoin investment to someone into short term trading, those involved in long term are always more successful in Bitcoin investment, because those who are into short term trading always wait for a dip to happen before they can invest and they may wait for a very long time just for a dip to happen and sometimes it may take a year, but those into Long time Bitcoin investment always accumulate no matter the time dip or no dip.
The best strategy for Bitcoin investment is long term investment it gives more satisfaction and gives peace of mind, when you are into a long term Bitcoin investment you won't think of losing your money or think about how the market is going, people who are into short term Bitcoin investment are always panicking and thinking about there money and how the market is going, this has given them restless mind and that is the good thing about long term investment the peace of mind that comes with it.
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I think you're right to suggest investing in Bitcoin for long term instead of trying to make quick profits. While there are no guarantees Bitcoin past performance is impressive with huge increase in value over 14 years. This shows it could continue to grow in future.
Short term trading is riskier and might lead to big losses. Holding Bitcoin for long time allows investors to weather market ups and downs and possibly earn significant profits. It is important to diversify investments but for those willing to take thoughtful risk long term Bitcoin investment looks like a good approach.
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I think you're right to suggest investing in Bitcoin for long term instead of trying to make quick profits. While there are no guarantees Bitcoin past performance is impressive with huge increase in value over 14 years. This shows it could continue to grow in future.
Exectly. You should not take short term investment risk. and prefer long term savings to take profit from your hard earned capital. If you intend to accumulate Bitcoin for long term then you should continue saving with DCA method as this method allows you to allocate a portion of disposable income every week or every month which can easily continue for long time without any financial stress for you. Aggressive buying during bearish periods can increase your holdings which should continue as long-term investments through normal buying during bullish periods.
Short term trading is riskier and might lead to big losses. Holding Bitcoin for long time allows investors to weather market ups and downs and possibly earn significant profits. It is important to diversify investments but for those willing to take thoughtful risk long term Bitcoin investment looks like a good approach.
You should aim to buy at regular intervals to diversify your investment because when you keep buying/depositing every month or week your portfolio will show the unit price average as well as the increase in Bitcoin stash over time. Following the DCA strategy in this case gradually increases the stash of bitcoin and the portfolio can take a decent size based on the size of your deposit.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
As for my part in this, I am one who is holding Bitcoin from a long time and I have never traded Bitcoin in the short time frame. But after reading your post I came to get an idea about you that buddy you need to do some more research on it then you will realize that bitcoin is just like an asset, a digital asset that gains its value over time, and when you notice that there is the term used for bitcoin big pump is known as bull market where it gains a lot of value into its price after four years.
After every four years, an event happens in the bitcoin ecosystem where the mining reward value decreases and then the big bull market starts to show it face to its investors. Although it is sure that it is a volatile asset but it is the king alone in the digital market asset. DYOR!
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I would have to say long holding. I don't have a lot of time monitoring the quick market movements and I'm not that good anyway.
Lately, I've been seeing a lot of videos showing some futures trading and it's funny how more than 90% of them are only posting their wins with captions telling viewers how easy it is to make money trading. Fortunately, there are people calling them out in the comments for trying to mislead.
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Maybe right now it's good to invest in bitcoin in the short term because the market is not yet normal as usual and is still declining until now, if you think this is a good moment to buy and save it for the future, please do so at your own risk.. every individual must have their own strategy and we cannot force them.
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Bitcoin is one of the most expensive currencies among cryptocurrencies and its popularity is also high due to the profitability of Bitcoin. But if you talk about Bitcoin or any other cryptocurrency in terms of investment then all of them are risky on one hand and profitable on the other.
**Long-term holding:** In terms of long-term holding, Bitcoin's history shows that it has increased in value over time and has experienced tremendous increases in value. Since Bitcoin is a volatile asset, its value can be volatile, but its growth potential is good for long-term investments. It requires patience, market stability and trust in long-term trends.
**Short-Term Trading:** Short-term trading involves more risk, but can also provide opportunities for quick profits. It requires market volatility, liquidity, and the ability to make timely decisions.
If you have risk taking capacity and enough time for trading, short term trading may be suitable for you. On the other hand, if you believe in long-term investment and believe in appreciation over time, long-term holdings may be a better choice.
You have to accept risk while investing. Investment decisions will be made considering the current market conditions of Bitcoin. And if you are determined to invest, you should hold it for a long time. Then you can receive the money later.
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Maybe right now it's good to invest in bitcoin in the short term because the market is not yet normal as usual and is still declining until now, if you think this is a good moment to buy and save it for the future, please do so at your own risk.. every individual must have their own strategy and we cannot force them.
Well yeah every investor has it's own right to choose the size, the time, the strategy and of course the type of investment they want especially in Bitcoin. Market seems to be sideways this time more than a declining so maybe we have to wait for a little bit of a breakout so that the confirmation of going upwards or downwards can be anticipated and we can get the best entry depending on trends.
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Bitcoin is one of the most expensive currencies among cryptocurrencies and its popularity is also high due to the profitability of Bitcoin. But if you talk about Bitcoin or any other cryptocurrency in terms of investment then all of them are risky on one hand and profitable on the other.
**Long-term holding:** In terms of long-term holding, Bitcoin's history shows that it has increased in value over time and has experienced tremendous increases in value. Since Bitcoin is a volatile asset, its value can be volatile, but its growth potential is good for long-term investments. It requires patience, market stability and trust in long-term trends.
**Short-Term Trading:** Short-term trading involves more risk, but can also provide opportunities for quick profits. It requires market volatility, liquidity, and the ability to make timely decisions.
If you have risk taking capacity and enough time for trading, short term trading may be suitable for you. On the other hand, if you believe in long-term investment and believe in appreciation over time, long-term holdings may be a better choice.
You have to accept risk while investing. Investment decisions will be made considering the current market conditions of Bitcoin. And if you are determined to invest, you should hold it for a long time. Then you can receive the money later.
In short-term and long-term investing, there must be positive and negative impacts. The positive impact of the short term is getting profit every time and the negative impact is getting loss. And the positive impact of the long term is the same as the short-term impact. It all depends on each individual and has their own strategy.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
It would really be depending into your choice because when it comes on trading or holding bitcoin then it would really be that depending into your preference. Not all would really be able to bare up with the risks involved and this is why there would really be those people or traders who would really be deciding that they will really be holding up for long term but of course it will really be that recommended that you should really be that making some good entry at the bottom to have that maximum profitability. Somehow there would really be those individuals who are really that
not minding much about their entry as long they are holding for long term then it wont really be that an issue for them. There would really be those people who would really be doing
the same thing on which they could be able to bare up with the risks.
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Well yeah every investor has it's own right to choose the size, the time, the strategy and of course the type of investment they want especially in Bitcoin. Market seems to be sideways this time more than a declining so maybe we have to wait for a little bit of a breakout so that the confirmation of going upwards or downwards can be anticipated and we can get the best entry depending on trends.
This bullrun is one of the most confused one I must say. I don't like the fact that Bitcoin is now too political imfleuce. The way the market is looking tight now, the elite don't want the price to go down and it seems people don't want to invest their money here because it looks so risky to invest large amount of money at this price, there is high chance of going down than going up from here.
Many investors are now counting from now to November and are trying to see what US election result will be. If Trump wins, there will be a new ATH and if Kamala loses, then hope of new ATH will be loss.
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It would really be depending into your choice because when it comes on trading or holding bitcoin then it would really be that depending into your preference. Not all would really be able to bare up with the risks involved and this is why there would really be those people or traders who would really be deciding that they will really be holding up for long term but of course it will really be that recommended that you should really be that making some good entry at the bottom to have that maximum profitability. Somehow there would really be those individuals who are really that
not minding much about their entry as long they are holding for long term then it wont really be that an issue for them. There would really be those people who would really be doing
the same thing on which they could be able to bare up with the risks.
That is also a point because bringing profit by only holding the bitcoin is how much it is easy doing the day trading or the short-term trading was that much hard.
Because short-term trading required more time and as well as more skill on trading Like the short-term trader have to know how to read the candles and after how to do the technical analysis and also short-term trader have must be updated about the news updates which relevant to the crypto.
And on the others hand doing long-term trading required the basic knowledge about the previous record and if they take the DCA strategy it will help them to risk management.
Now option is for the newbies and olds long-term trading is the best option and pros can choose the short-term trading.
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It would really be depending into your choice because when it comes on trading or holding bitcoin then it would really be that depending into your preference. Not all would really be able to bare up with the risks involved and this is why there would really be those people or traders who would really be deciding that they will really be holding up for long term but of course it will really be that recommended that you should really be that making some good entry at the bottom to have that maximum profitability. Somehow there would really be those individuals who are really that
not minding much about their entry as long they are holding for long term then it wont really be that an issue for them. There would really be those people who would really be doing
the same thing on which they could be able to bare up with the risks.
That is also a point because bringing profit by only holding the bitcoin is how much it is easy doing the day trading or the short-term trading was that much hard.
Because short-term trading required more time and as well as more skill on trading Like the short-term trader have to know how to read the candles and after how to do the technical analysis and also short-term trader have must be updated about the news updates which relevant to the crypto.
And on the others hand doing long-term trading required the basic knowledge about the previous record and if they take the DCA strategy it will help them to risk management.
Now option is for the newbies and olds long-term trading is the best option and pros can choose the short-term trading.
Choices differ lot of people have seen trading as the easiest way to make profit from cryptocurrency especially in Bitcoin but what I will say is that it is not even easy as they think because you requires time and patient to study both outside the trading and inside the trading for instance, reading the technical aspect of it and as well as sourcing for information that could give you a good entry or exit point to succeed in trading.
For instance if there were news of new dump in Bitcoin you could exit the market before the effect affect the market to lose your trade and alternatively if already done or so that your bitcoin while trading you could wait for the dump and effect to affect the market before you make another entry to accumulate much volume of Bitcoin with this it will help you just succeed since most people makes profits while the market is dipping and another makes profit while the market is growing.
So this dependent on the market you wish to trade it could be a down or an uptrend but once you have the good position to enter your trade then profit is certain from trading but, if you don't know all this information went to trade definitely you must lose because you may be going the opposite way of the market hence making lost in your trading.
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Maybe right now it's good to invest in bitcoin in the short term because the market is not yet normal as usual and is still declining until now, if you think this is a good moment to buy and save it for the future, please do so at your own risk.. every individual must have their own strategy and we cannot force them.
I guess the safest way to say this is that, Bitcoin is moving sideways at around the $55,000-$60,000 price range because it seems like Bitcoin is moving is moving sideways for the past few days. Of course, what happened a few weeks ago when Bitcoin went down significantly is excluded, but nevertheless, it's still good to buy Bitcoin at it's current price... ONLY if you are thinking of the long term or at least if you want only to sell your Bitcoin at the peak of the bull market.
Invest in Bitcoin for short term profits? It's still possible, but as of this moment, I don't even think if Bitcoin will reach $65,000 in the next few weeks. What I'm saying is that the upside is lesser than the downside and if you will buy Bitcoin now, it's better to hold it until the bull run peaks. Only my opinion though and I might be wrong and maybe in the next few weeks, we might see Bitcoin reaching and even surpassing the $65,000 price range.
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There was this guy that made my entire holding within one week of trading, and this my bitcoin holding took me almost three years to accumulate to that level, this is what make me to feel that expert trader can make more profits much more than a holder, but the difference is that, while the traders money is at risk, the bitcoin holder have less risk since he did not open any position from the bitcoin.
But as a trader, there is a need to gain all the necessary trading skills before you venture into it, but a bitcoin holder just need his wallet to hold bitcoin which is less stressful and none exusting.
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Choices differ lot of people have seen trading as the easiest way to make profit from cryptocurrency especially in Bitcoin but what I will say is that it is not even easy as they think because you requires time and patient to study both outside the trading and inside the trading for instance, reading the technical aspect of it and as well as sourcing for information that could give you a good entry or exit point to succeed in trading.
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Yeap that's what I want to mean by my post.
Most of the person in crypto world are only coming that people are making profit but they didn't look into how much peoples are loosing when the make false trade. Actually this is a natural thing people always take the positives side when there is a possible of making fund. But I think we have to get out of it that trading is easy way to earn money thought and generate some knowledge about trading. This is not the buy and sell game where we can only profit.
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Choices differ lot of people have seen trading as the easiest way to make profit from cryptocurrency especially in Bitcoin but what I will say is that it is not even easy as they think because you requires time and patient to study both outside the trading and inside the trading for instance, reading the technical aspect of it and as well as sourcing for information that could give you a good entry or exit point to succeed in trading.
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Yeap that's what I want to mean by my post.
Most of the person in crypto world are only coming that people are making profit but they didn't look into how much peoples are loosing when the make false trade. Actually this is a natural thing people always take the positives side when there is a possible of making fund. But I think we have to get out of it that trading is easy way to earn money thought and generate some knowledge about trading. This is not the buy and sell game where we can only profit.
That's why if they lose in cryptocurrency trading you would see that the cry could be much, most people often venture the market while it's pushing up and they would think is the right time to make investment without knowing that is not right. Investment are made when there are serious dip maybe all coin could seems to be bleeding bitter then they could venture to invest and of course long term investment is mostly valuable unlike short time.
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It depends on you really.
Are you the kind of person who knows about various signals, terminology, and has experience in trading stuff before?
If so, then short-term trading is for you.
Otherwise, and in the vast majority of cases, you should just stick to HODLing.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Its not what should be chosen but it really depends on the preferences of the investors There are pros and cons of holding it for long term and so is on short term profit.
In my case, I prefer to do DCA and hold it long-term, as I have time to follow the chart of the market. It works for me, but of course, it is nothing compared to short-term traders.
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It depends on you really.
Are you the kind of person who knows about various signals, terminology, and has experience in trading stuff before?
If so, then short-term trading is for you.
Otherwise, and in the vast majority of cases, you should just stick to HODLing.
My personal observation is, that most people lack the experience and skills to trade, so its recommended these people should avoid every kind of signals and premium groups, but and hold is best for everyone. Most of the times short-term opportunities are trap fro the weak hands.
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Currently, I made bitcoin for short term trading and always to find opportunity to earn profitable in short term but keep consistent during still not reach financial freedom. But change my trading way with bitcoin one day later after raising financial freedom and make bitcoin as long term trading with high return profitable than short term.
During still not have much money and can't reach financial freedom, I try to make bitcoin as short term trading only and keep hold it one day later for long term trading after have much money and not require earn profitable in daily day. Right now still need to earn profitable in daily day because bitcoin is my source income and get difficult with my financial later if can't get profitable with short term trading in bitcoin.
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My personal observation is, that most people lack the experience and skills to trade, so its recommended these people should avoid every kind of signals and premium groups, but and hold is best for everyone. Most of the times short-term opportunities are trap fro the weak hands.
The problem is that many of these people are very tempted by the posts of trading results in the signal group, increases of hundreds of percent, huge profits, and they finally decide to even spend money to be in the VIP signal group. And this always happens.
In fact, it will not work if they do not equip themselves with sufficient knowledge about trading, about how to analyze the market, about reading indicators, and so on. So, if you do not have the will to learn about all of that, it is not recommended to trade, it is better to invest in top coins for the long term.
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We can go for either the long term investment o r a short time trading under the of what we know and have learnt about the market price, our capacity and interest as well as the desirable skills we have acquired in using a particular pattern for our asset, the aim of choosing a particular one is for us to put in our maximum best base on how experience we are on whichever way we have taken to go with our bitcoin investment.
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Maybe right now it's good to invest in bitcoin in the short term because the market is not yet normal as usual and is still declining until now, if you think this is a good moment to buy and save it for the future, please do so at your own risk.. every individual must have their own strategy and we cannot force them.
I guess the safest way to say this is that, Bitcoin is moving sideways at around the $55,000-$60,000 price range because it seems like Bitcoin is moving is moving sideways for the past few days. Of course, what happened a few weeks ago when Bitcoin went down significantly is excluded, but nevertheless, it's still good to buy Bitcoin at it's current price... ONLY if you are thinking of the long term or at least if you want only to sell your Bitcoin at the peak of the bull market.
Invest in Bitcoin for short term profits? It's still possible, but as of this moment, I don't even think if Bitcoin will reach $65,000 in the next few weeks. What I'm saying is that the upside is lesser than the downside and if you will buy Bitcoin now, it's better to hold it until the bull run peaks. Only my opinion though and I might be wrong and maybe in the next few weeks, we might see Bitcoin reaching and even surpassing the $65,000 price range.
- It is true that the price of Bitcoin at the moment ranges from $55,000 to $60,000, and as far as I can see, it will not reach $50,000, which is the lowest price it will reach. Let's just wait a little while longer.
That's why, as individual traders, we should do the same for both the long and short term so that they both benefit us, because this is what long-term traders do in the crypto space.
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- It is true that the price of Bitcoin at the moment ranges from $55,000 to $60,000, and as far as I can see, it will not reach $50,000, which is the lowest price it will reach. Let's just wait a little while longer.
That's why, as individual traders, we should do the same for both the long and short term so that they both benefit us, because this is what long-term traders do in the crypto space.
Long term trading is a way to profit from coins that are safe to hold for the long term, such as bitcoin and ethereum, while for the short term maybe we can choose other potential altcoins such as BNB and Solana, that's my opinion. We should do both, because the market is very volatile, sometimes not suitable for the short term, when the market has a fairly long correction maybe a month.
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Long term trading is a way to profit from coins that are safe to hold for the long term, such as bitcoin and ethereum, while for the short term maybe we can choose other potential altcoins such as BNB and Solana, that's my opinion. We should do both, because the market is very volatile, sometimes not suitable for the short term, when the market has a fairly long correction maybe a month.
Don't forget the right opportunity to buy at dip or do DCA because if you buy BTC at $69k it would take months or years to recover. The right opportunity when you see the price in oversold or if you think very cheap then do DCA so you won't miss opportunity to buy at dip.
Once you've done that I'm sure you will be happy on the result once the price recovers from the dip you already made a profit.
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Don't forget the right opportunity to buy at dip or do DCA because if you buy BTC at $69k it would take months or years to recover. The right opportunity when you see the price in oversold or if you think very cheap then do DCA so you won't miss opportunity to buy at dip.
Once you've done that I'm sure you will be happy on the result once the price recovers from the dip you already made a profit.
You are right, it's correct to do DCA when the market seems very low or too dip per say because investors or trader wouldn't know when the market gonna dip more harder. But if involving oneself with DCA it would enable them to accumulate more coins gradually without having the fear that they would lose badly again but while doing DCA one may decide to also include other coins for the DCA when the price rise above they may decide to sell and double their profits.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Choose that which you like, or prefer and works best for you - this is perhaps the shortest answer to give to such a question, people like and treat things differently, some would prefer short term trades due to their financial needs, because their urgent need for money won't allow them the time to invest in bitcoin and wait a long time before reaping the benefits, so they prefer to trade it for some profit in the short term.
While others who are more financially inclined, OK, don't mind investing and allowing it for the long term.
So, In all and like I've said before, it's a choice everyone makes for themselves by them self.
But for someone like me, I will prefer both, that is invest part of my funds in bitcoin and keep for the long term, while also buying and selling bitcoin for profit in the short term.
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Don't forget the right opportunity to buy at dip or do DCA because if you buy BTC at $69k it would take months or years to recover. The right opportunity when you see the price in oversold or if you think very cheap then do DCA so you won't miss opportunity to buy at dip.
Once you've done that I'm sure you will be happy on the result once the price recovers from the dip you already made a profit.
You are right, it's correct to do DCA when the market seems very low or too dip per say because investors or trader wouldn't know when the market gonna dip more harder. But if involving oneself with DCA it would enable them to accumulate more coins gradually without having the fear that they would lose badly again but while doing DCA one may decide to also include other coins for the DCA when the price rise above they may decide to sell and double their profits.
Currently, the price of bitcoin appears to be struggling to rise again after a very sharp correction. I see it's time for us to buy, maybe with the DCA method as you said we can gradually buy bitcoin and maybe other coins that have the potential to be bought and held for the next few months.
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Its not what should be chosen but it really depends on the preferences of the investors There are pros and cons of holding it for long term and so is on short term profit.
In my case, I prefer to do DCA and hold it long-term, as I have time to follow the chart of the market. It works for me, but of course, it is nothing compared to short-term traders.
Both have their own advantages and disadvantages but I think an individual should choose that one in which he is an expert and which he can handle easily whether it's about profit or loss. Traders should trade it while those who are not an expert in trading should use the method of DCA and hold it for making the profit so I think everyone will have different thoughts and that thoughts will be based on a personal experience.
I think that in the case of Bitcoin we should hold it instead of trading because with a trading we can be distressed and will need more energy to keep a check on a price chart continuously. It is not possible to get a single and same answer from everyone because every other individual will have a different experience and different thoughts in which some will do trading while others will prefer to say good about investment.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin has lost 10% to its 30-day price record and I think the price will continue to decline for the time being. That means each bitcoin has the potential to be worth $55k. A little opportunity will be created for those who are holders at this time. They will get the benefit of buying bitcoins at low prices. Especially those are doing DCA can fully utilize this facility. All of us holders have one goal which is to get good return from Bitcoin and there is no substitute for long term holding when it comes to getting good return from Bitcoin. If you review the history of Bitcoin, everyone who has been a long-term holder they get benefited.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Your analysis is correct. Bitcoin's value has risen significantly over the past 14 years, and long-term holdings can offer a strong profit potential. Bitcoin's history shows that it has delivered strong returns through multiple inflations, a strong argument for long-term investors.
*Long term holding
- Historically, long-term investors have seen significant gains in Bitcoin price trends. It generally offers long-term wealth growth potential with low risk.
* Short term trading
-Short-term trading can provide an opportunity to make quick profits and benefit from small fluctuations in the market.
Therefore, based on your financial goals and risk tolerance, you can also use a combination strategy where part is kept as long-term holding and part is used for short-term trading.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I don't think there are any votes here, everything is very simple and comes down to 2 questions, 1) if you work and save by buying bitcoin, then for you it should be a long-term investment 2) if you live off the money you earn from trading and know how to do it, then you shouldn't think about long-term investments, since in any case you will earn much more from the fact that you know how to do it.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I don't think there are any votes here, everything is very simple and comes down to 2 questions, 1) if you work and save by buying bitcoin, then for you it should be a long-term investment 2) if you live off the money you earn from trading and know how to do it, then you shouldn't think about long-term investments, since in any case you will earn much more from the fact that you know how to do it.
That's right, if we live from the money we earn from trading, we don't need to think about long-term investments because we can do daily trading and can get daily profits for our living expenses. Holding for the long term is for those who do not have the time and expertise to trade.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I don't think there are any votes here, everything is very simple and comes down to 2 questions, 1) if you work and save by buying bitcoin, then for you it should be a long-term investment 2) if you live off the money you earn from trading and know how to do it, then you shouldn't think about long-term investments, since in any case you will earn much more from the fact that you know how to do it.
That's right, if we live from the money we earn from trading, we don't need to think about long-term investments because we can do daily trading and can get daily profits for our living expenses. Holding for the long term is for those who do not have the time and expertise to trade.
If there is no alternative income for an investor, he can take his daily profit from trading. Trading is definitely a good idea for those who have enough time and can devote themselves to more market research. Traders keep a market alive through their activities that help that market sustain high cash flow financially.
At the same time, long-term bitcoin holdings/accumulation can be an ideal investment for investors who have an alternative income system. An investor can set aside a portion of his disposable income every week or every month to accumulate bitcoins and with long-term accumulation he can own a large stack that can give him huge profits. The long-term DCA method of depositing bitcoins is ideal for people of all walks of life, rich or poor, who can encourage a limited/large amount of bitcoins to accumulate and cover all household expenses.
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Don't forget the right opportunity to buy at dip or do DCA because if you buy BTC at $69k it would take months or years to recover. The right opportunity when you see the price in oversold or if you think very cheap then do DCA so you won't miss opportunity to buy at dip.
Once you've done that I'm sure you will be happy on the result once the price recovers from the dip you already made a profit.
A person should keep in mind his patience then he should choose cost for investment because if a person invests at the cost higher then 60k$ then either he will wait more or if he cannot wait for years then he has to accept the little profit therefore it is necessary to think about each and every single step before entering into the investment field.
Little profit is also good because if you are losing money then it is better to accept the little profit and move on but investment should always be done when the whales are selling their Bitcoin at a huge percentage or if there arises some negative news which turns the price decreasing.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I don't think there are any votes here, everything is very simple and comes down to 2 questions, 1) if you work and save by buying bitcoin, then for you it should be a long-term investment 2) if you live off the money you earn from trading and know how to do it, then you shouldn't think about long-term investments, since in any case you will earn much more from the fact that you know how to do it.
That's right, if we live from the money we earn from trading, we don't need to think about long-term investments because we can do daily trading and can get daily profits for our living expenses. Holding for the long term is for those who do not have the time and expertise to trade.
Well, or those who have a lot of money, they also may not trade on the stock exchange)) We are now discussing people with average or above average income and my opinion is that money should only be invested in yourself until the time when this money turns into Infinite money, Infinite money is the money that you can receive from investments and it will be enough for you for absolutely any needs, but you need to understand that you should not play at being a businessman and want a full garage of supercars just to brag, otherwise even being a millionaire you will always work.
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Don't forget the right opportunity to buy at dip or do DCA because if you buy BTC at $69k it would take months or years to recover. The right opportunity when you see the price in oversold or if you think very cheap then do DCA so you won't miss opportunity to buy at dip.
Once you've done that I'm sure you will be happy on the result once the price recovers from the dip you already made a profit.
A person should keep in mind his patience then he should choose cost for investment because if a person invests at the cost higher then 60k$ then either he will wait more or if he cannot wait for years then he has to accept the little profit therefore it is necessary to think about each and every single step before entering into the investment field.
Little profit is also good because if you are losing money then it is better to accept the little profit and move on but investment should always be done when the whales are selling their Bitcoin at a huge percentage or if there arises some negative news which turns the price decreasing.
When it comes to bitcoin investment one needs to go into Long term Bitcoin holding in other to make good profit, Bitcoin investment is not a Ponzi scheme were they tell you invest $100 and get $600 in 1 week time, in Bitcoin investment you need to develop patience and also be consistent in your accumulation journey, if you are into short term Bitcoin investment you will not make any good profit and those that are into Long term Bitcoin investment will be more successful than you are, i have two friends one is into Long term Bitcoin investment and the other is into short term Bitcoin investment the one into Long term Bitcoin investment is more successful than the one into short term Bitcoin investment, there are people that are still holding there Bitcoin since 10 years now and they have accumulated enough Bitcoin and one can call them successful so just imagine how big there profit will be when Bitcoin hits $100k to $150k.
Long term Bitcoin investment will give you peace of mind and a sense of hope that one day you will become rich through Bitcoin investment some people have decided that they will keep accumulating and holding until Bitcoin hits $200k and it will happen because Bitcoin is growing very well and very soon some countries will accept Bitcoin as a means of payment and if every country accept it then Bitcoin will grow to what will surprise everyone.
One can't lose money in Bitcoin investment except you are a Bitcoin trader but if you are into Long term Bitcoin investment you can never lose money, Bitcoin is the only investment that gives one peace of mind, when you are into Long term Bitcoin investment you don't have to panic or fear for anything, even when there's a dip in Bitcoin one don't need to panic because dip as been part of Bitcoin growth if you check the history of Bitcoin you will know that Bitcoin has been experiencing dip but that has not stopped it from growing in value and price so even if there's a dip is certain it will grow.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
I don't think there are any votes here, everything is very simple and comes down to 2 questions, 1) if you work and save by buying bitcoin, then for you it should be a long-term investment 2) if you live off the money you earn from trading and know how to do it, then you shouldn't think about long-term investments, since in any case you will earn much more from the fact that you know how to do it.
That's right, if we live from the money we earn from trading, we don't need to think about long-term investments because we can do daily trading and can get daily profits for our living expenses. Holding for the long term is for those who do not have the time and expertise to trade.
Well, or those who have a lot of money, they also may not trade on the stock exchange)) We are now discussing people with average or above average income and my opinion is that money should only be invested in yourself until the time when this money turns into Infinite money, Infinite money is the money that you can receive from investments and it will be enough for you for absolutely any needs, but you need to understand that you should not play at being a businessman and want a full garage of supercars just to brag, otherwise even being a millionaire you will always work.
I don't know what you mean, but there is no such thing as infinite money, perhaps what you meant is passive income, yeah but you have to understand that people that are millionaire doe have a lot of source of income. So it could be stocks, crypto or even gold or oil investment.
As for displaying such wealth, there are still two set of investors: those who want to flaunt their wealth by buying a lot of expensive cars, and then on the other hand, people that wanted to have a low key life and be frugal and yet they have a deep pocket and a lot of investments.
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Long term Bitcoin holding or short term trading both has different facilities/good Side. Like if anyone have some fund he can trade for short time vuy low rate and sell it when 4-5% price increase. Or if we have huge fund then we can vuy some good coin and we can hold it for long time.
When price will up then we can sell out coin. So both are good i think. But my choice is for long time hold. It will gives us hige profit today or tomorrow there has no doubt.
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Long term Bitcoin holding or short term trading both has different facilities/good Side. Like if anyone have some fund he can trade for short time vuy low rate and sell it when 4-5% price increase. Or if we have huge fund then we can vuy some good coin and we can hold it for long time.
When price will up then we can sell out coin. So both are good i think. But my choice is for long time hold. It will gives us hige profit today or tomorrow there has no doubt.
Long term always requires free funds, and this is suitable for those who are only small investors. I also do long-term holding with a small nominal amount, because I don't have large funds for that, I focus more on daily trading.
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Long term Bitcoin holding or short term trading both has different facilities/good Side. Like if anyone have some fund he can trade for short time vuy low rate and sell it when 4-5% price increase. Or if we have huge fund then we can vuy some good coin and we can hold it for long time.
When price will up then we can sell out coin. So both are good i think. But my choice is for long time hold. It will gives us hige profit today or tomorrow there has no doubt.
While there are positive aspects to both long-term holding and short-term trading, the issue of risk is now very serious. When you invest for the long term, the risk factor will be reduced a lot. Because of this, the best way to comfortably profit from crypto is to invest for the long term. It can be done by a beginner to experts but you must be an expert in short term trading otherwise you will only keep losing here. so i think only long term holding is the best way to making money from cryptocurrency
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Currently, the price of bitcoin appears to be struggling to rise again after a very sharp correction. I see it's time for us to buy, maybe with the DCA method as you said we can gradually buy bitcoin and maybe other coins that have the potential to be bought and held for the next few months.
Bitcoin price is trying to cross $60k. It is successful to reach $61k today but it dropped again to $59k. After Bitcoin price hits a new ATH, it always struggled hard to survive around $60k-$70k. We have many bad news, it is probably the reason why Bitcoin is difficult to increase consistently.
If you want to buy, you can buy before it increase again above $60k. Doing DCA is good, specifically when Bitcoin price looks rather cheap. If it is increasing again above $70k, I think we can consider to stop buying DCA and focus to sell the Bitcoin firstly.
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I don't know what you mean, but there is no such thing as infinite money, perhaps what you meant is passive income, yeah but you have to understand that people that are millionaire doe have a lot of source of income. So it could be stocks, crypto or even gold or oil investment.
As for displaying such wealth, there are still two set of investors: those who want to flaunt their wealth by buying a lot of expensive cars, and then on the other hand, people that wanted to have a low key life and be frugal and yet they have a deep pocket and a lot of investments.
This term as (endless money) not everyone uses and not everyone knows how to use it, you don’t have to be a millionaire to receive money endlessly, you just have to set yourself a life bar where there will be no Bentley, luxury villas and yachts for a million dollars and then you will be able to earn, invest and receive passive income, for example, $5,000 every month, and you will receive them endlessly if you don’t do everything right and don’t spend money where it’s not necessary, invest them correctly (preferably in real estate) and even investing in real estate has many pitfalls, but I think I conveyed the essence to you, yes, this is achievable only through investments, but the main thing is that you can have, for example, $5,000 every month endlessly, that’s why I called it Endless Money.
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Both long term hodling and short term trading are profitable but it all depends on the person in question. Both of them requires some level of understanding however short term trading requires more experience and understanding than long term hodling where all you need to do is understand how to secure your coins, buy some coins and let them sit long enough in the wallet till the next bull run.
Fact is that everyone is talking about hodling because of the fact that it is the easiest option and upon that it still brings about nice rewards in a long period of time. Short term traders also make a ton too especially the experienced ones.
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Both long-term holding and short-term trading have their advantages:
Long-term holding is great for those who believe in Bitcoin's future growth, offering the potential for significant gains without the stress of daily trading.
Short-term trading allows for quick profits by capitalizing on price volatility, but it requires strong market knowledge and comes with higher risks.
A mix of both strategies can be effective.
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Both long term hodling and short term trading are profitable but it all depends on the person in question. Both of them requires some level of understanding however short term trading requires more experience and understanding than long term hodling where all you need to do is understand how to secure your coins, buy some coins and let them sit long enough in the wallet till the next bull run.
Fact is that everyone is talking about hodling because of the fact that it is the easiest option and upon that it still brings about nice rewards in a long period of time. Short term traders also make a ton too especially the experienced ones.
yes, you are right short term trading requires experience and in-depth knowledge of trading which is more difficult and takes a lot of time to learn it. different from long term holding which only buys safe coins like bitcoin, ethereum, BNB and solanan then held for a long period of time, this only requires accurate analysis in entry during nearish season.
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yes, you are right short term trading requires experience and in-depth knowledge of trading which is more difficult and takes a lot of time to learn it. different from long term holding which only buys safe coins like bitcoin, ethereum, BNB and solanan then held for a long period of time, this only requires accurate analysis in entry during nearish season.
Actually both short and long term trading/investing requires good knowledge and experience. We need to analyze the market condition and the coins that we want to hold/trade. If we have lack of knowledge and experience, we are unable to do this. Analyzing market condition and the potential of the crypto coins is not easy. It can be done by people who have good knowledge and experience only. Moreover for random or new coins, it is even more difficult. We need to analyze every part of the project behind the coins. It is different with the top coins such as BTC, ETH, BNB, ADA, SOL, and so on. These are proven enough for years, we don't really doubt it very much.
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Both long term hodling and short term trading are profitable but it all depends on the person in question. Both of them requires some level of understanding however short term trading requires more experience and understanding than long term hodling where all you need to do is understand how to secure your coins, buy some coins and let them sit long enough in the wallet till the next bull run.
Fact is that everyone is talking about hodling because of the fact that it is the easiest option and upon that it still brings about nice rewards in a long period of time. Short term traders also make a ton too especially the experienced ones.
yes, you are right short term trading requires experience and in-depth knowledge of trading which is more difficult and takes a lot of time to learn it. different from long term holding which only buys safe coins like bitcoin, ethereum, BNB and solanan then held for a long period of time, this only requires accurate analysis in entry during nearish season.
For long term investment I would prefer only Bitcoin as it is relatively more reliable. At each time it has provided huge profits to the investors. Recovery from dips in price volatility New ATH touches confidence in all activities. Bitcoin is the best long-term investment any way you look at it.
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Both long term hodling and short term trading are profitable but it all depends on the person in question. Both of them requires some level of understanding however short term trading requires more experience and understanding than long term hodling where all you need to do is understand how to secure your coins, buy some coins and let them sit long enough in the wallet till the next bull run.
Fact is that everyone is talking about hodling because of the fact that it is the easiest option and upon that it still brings about nice rewards in a long period of time. Short term traders also make a ton too especially the experienced ones.
scalping is still the most profitable way of trading compared to long term but not everyone recommends scalping to newbies because they still need experience and also a long time to get an understanding of trading with a safe and comfortable scalping method for them, i personally quite like scalping and usually i will do a market test first before doing scalping, i will set a cut loss at 3%, what i really like about bitcoin trading especially the scalping method is the fast price movement so that take profit is fast.
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scalping is still the most profitable way of trading compared to long term but not everyone recommends scalping to newbies because they still need experience and also a long time to get an understanding of trading with a safe and comfortable scalping method for them, i personally quite like scalping and usually i will do a market test first before doing scalping, i will set a cut loss at 3%, what i really like about bitcoin trading especially the scalping method is the fast price movement so that take profit is fast.
As for beginners, you are right, it is better for them to first learn the basics and only then start trading, I am not just saying this, I know from my own experience when my loved ones drained their balance to zero thinking that everything is simple and it is enough to just watch a couple dozen videos and you can start trading, in fact, everything is much more complicated and it is even advisable to take trading lessons from good traders for 1 year and only then start trading.
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scalping is still the most profitable way of trading compared to long term but not everyone recommends scalping to newbies because they still need experience and also a long time to get an understanding of trading with a safe and comfortable scalping method for them, i personally quite like scalping and usually i will do a market test first before doing scalping, i will set a cut loss at 3%, what i really like about bitcoin trading especially the scalping method is the fast price movement so that take profit is fast.
I don't agree with that op. Long term is always best both in trading and the regular traditional HODLing however for hodling it works only for coins that are able to store value over a long period of time. As for trading, swing trades generally have higher target profits compared to scalping. When it comes to scalping in trading your positions are literally very short positions probably a small retest trend to cover inefficiency or something.
When it comes to long trades you are literally trading along with the direction of the market momentum unlike scalping where you probably could be trading against the trend.
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I don't agree with that op. Long term is always best both in trading and the regular traditional HODLing however for hodling it works only for coins that are able to store value over a long period of time. As for trading, swing trades generally have higher target profits compared to scalping. When it comes to scalping in trading your positions are literally very short positions probably a small retest trend to cover inefficiency or something.
When it comes to long trades you are literally trading along with the direction of the market momentum unlike scalping where you probably could be trading against the trend.
Long trading only works if the platform doesn't make you set a mandatory stop loss and also doesn't put a time limit on the trade.
Sure it's profitable, but it will take a long time for those gains to mature if you put your long order really high. That's why small, quick trades will make you more money in the long run but it will cause you to lose money in the long run. But the choice is up to you.
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Trading can make profits in the short term. so Bitcoin trading can be profitable, while long-term investment in Bitcoin is more profitable. Therefore, according to your risk strategy and the profits you set, you will choose whether you want to be a trader or an investor and the amount of trading or investment.
This involves buying and selling Bitcoin or other cryptocurrencies frequently to capitalize on price fluctuations. It can be profitable but requires active monitoring, technical analysis skills, and a tolerance for volatility. Trading can generate quick profits but also carries higher risks due to market swings.Your choice between trading and investing should align with your risk tolerance, time commitment, and financial goals. Traders might benefit from market volatility, while investors might focus on the long-term growth potential of Bitcoin.
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I don't agree with that op. Long term is always best both in trading and the regular traditional HODLing however for hodling it works only for coins that are able to store value over a long period of time. As for trading, swing trades generally have higher target profits compared to scalping. When it comes to scalping in trading your positions are literally very short positions probably a small retest trend to cover inefficiency or something.
When it comes to long trades you are literally trading along with the direction of the market momentum unlike scalping where you probably could be trading against the trend.
Long trading only works if the platform doesn't make you set a mandatory stop loss and also doesn't put a time limit on the trade.
Sure it's profitable, but it will take a long time for those gains to mature if you put your long order really high. That's why small, quick trades will make you more money in the long run but it will cause you to lose money in the long run. But the choice is up to you.
Yeah, but I guess others doesn't want to complicated things in their end and so they just wanted to buy and then hold for a long time so that they won't be affected mentally by the every day trade. And I think some of those who really wanted to become a long term holder at one point in their career could have been trading and have lost money along the way and that's why they just decided to stick to where it's going to be "easy" for them and that is being a HOLDer.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
If you want to trade, choose an altcoin with high volatility, because it is easier for us to profit from volatile coins. While bitcoin, in my opinion, this coin is only suitable for long-term holding. I choose BNB, Solana, and TRX for trading, and I also choose some new coins because the profits are greater even though the risk is higher.
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For long term investment I would prefer only Bitcoin as it is relatively more reliable. At each time it has provided huge profits to the investors. Recovery from dips in price volatility New ATH touches confidence in all activities. Bitcoin is the best long-term investment any way you look at it.
Of course, everyone will choose Bitcoin as the number 1 option if they want to buy coin for a long term holding. Bitcoin is trustable, Bitcoin is the king of crypto coins. With the status of Bitcoin, we shouldn't doubt the future of Bitcoin. Moreover, there is great progress on the adoption of Bitcoin around the world. And about the price growth, Bitcoin always showed good results in each cycle. Even in the current cycle, Bitcoin already reached the ATH before the halving. It is very surprising and satisfying for everyone.
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If you want to trade, choose an altcoin with high volatility, because it is easier for us to profit from volatile coins. While bitcoin, in my opinion, this coin is only suitable for long-term holding. I choose BNB, Solana, and TRX for trading, and I also choose some new coins because the profits are greater even though the risk is higher.
Actually, for now, the price of Bitcoin is also quite volatile and the price difference is significant every day. However, because the price of BTC is high, so for small traders, the results may not be too noticeable, or even the results are not as optimal as when we trade coins with high volatility and the price is still low. So we can buy more of these altcoins, especially if the price can increase several times.
Of course, everyone will choose Bitcoin as the number 1 option if they want to buy coin for a long term holding. Bitcoin is trustable, Bitcoin is the king of crypto coins.
Only haters who doubt and don't believe in Bitcoin.
And haters will always gonna hate.
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Long trading only works if the platform doesn't make you set a mandatory stop loss and also doesn't put a time limit on the trade.
Sure it's profitable, but it will take a long time for those gains to mature if you put your long order really high. That's why small, quick trades will make you more money in the long run but it will cause you to lose money in the long run. But the choice is up to you.
Yeah opening long positions is profitable and the returns in terms of profit are usually very high compared to regular scalping trades. However just as the profit is big so is the risk. For a long term traders or swing trader , their trade stop losses are usually bigger than those of short position traders.
But if we are together compare in terms of possible profit, I'll just say both long-term bitcoin hodling and short term trading are almost equally profitable. However it depends on the HODLER and trader respectively. It also depends on how much they both have to spare.
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But if we are together compare in terms of possible profit, I'll just say both long-term bitcoin hodling and short term trading are almost equally profitable. However it depends on the HODLER and trader respectively. It also depends on how much they both have to spare.
Rather than having to trade with emotion and there will be a lot of risk, it is better to hold on for the long term with a predetermined price target.
Bitcoin is only a long-term investment asset for me and not for trading. I prefer to trade altcoins to take advantage of any price fluctuations to make a profit.
When the price of Bitcoin is on sale, it is an opportunity to buy and accumulate more bitcoins.
There was a time when I would sell Bitcoin when it was time and the main target was achieved.
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Your perspective on long-term Bitcoin holding is well-founded, especially given the historical growth of Bitcoin. Bitcoin's price appreciation over the past 14 years has indeed been extraordinary, and for many, long-term holding (often referred to as HODLing has proven to be a successful strategy.Long term holding is particularly appealing because it allows investors to ride out the market's ups and downs, avoiding the need to time the market perfectly. Over time, Bitcoin has shown resilience and has consistently reached new highs after periods of correction. This makes it a compelling option for those who believe in its long-term potential and are willing to endure short-term fluctuations.
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Your perspective on long-term Bitcoin holding is well-founded, especially given the historical growth of Bitcoin. Bitcoin's price appreciation over the past 14 years has indeed been extraordinary, and for many, long-term holding (often referred to as HODLing has proven to be a successful strategy.Long term holding is particularly appealing because it allows investors to ride out the market's ups and downs, avoiding the need to time the market perfectly. Over time, Bitcoin has shown resilience and has consistently reached new highs after periods of correction. This makes it a compelling option for those who believe in its long-term potential and are willing to endure short-term fluctuations.
Of course. By investing in Bitcoin, an investor can make positive decisions along with his real assets. The trend of the last 14 years has created a stable investment platform among investors that holds the position as a universal investment vehicle for people of every income. Especially the method of depositing Bitcoins following the DCA strategy can be done by people of any income, rich or poor, and earn huge profits through long-term management. However, the advice of most experienced investors is to hold Bitcoin holdings for a longer term rather than profit as it is assumed that the price of Bitcoin may skyrocket in the future.
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Bitcoin is the most valuable currency in the cryptocurrency world. So i think that invest in bitcoin is very prefer for us. We also know that if we hold bitcoin, we must wait for long term. Because we know that cryptocurrency market is always depending on up and down. We also know that short term trading is also profitable. But it also be risky for us. So i believe that long turm investment is the more profitable than short term trading.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
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If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
It should not be "we" but only a few people, because I see there are still many daily traders who are still making profits and avoiding losses. Moreover, between short term and long term only differ in the time period, and it should be noted, every time you make a decision, you also take a risk... in other words when someone makes decisions too often, he takes risks more often... this happens to daily traders because they make decisions more often than long term investors.
I failed as a day trader, and now I enjoy being a long term holder... it doesn't interfere with my real world work. Thus, each method has its own fans.
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Long term holding is particularly appealing because it allows investors to ride out the market's ups and downs, avoiding the need to time the market perfectly.
holding bitcoin long term is a lot more appealing for those who plan to invest in bitcoin as a retirement plan or strategy i see that most people eager to invest short term in bitcoin are the ones who are not yet financially stable enough to hold their money long term and therefore not yet ready for retirement
Over time, Bitcoin has shown resilience and has consistently reached new highs after periods of correction.
personally i believe that history is the greatest tell of the future since we can’t know the future for sure we need to look at the past and see how the market moves and so far bitcoin has been consistent with its cycles so never let fomo get to you if you are investing in long term
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Long term holding is particularly appealing because it allows investors to ride out the market's ups and downs, avoiding the need to time the market perfectly.
holding bitcoin long term is a lot more appealing for those who plan to invest in bitcoin as a retirement plan or strategy i see that most people eager to invest short term in bitcoin are the ones who are not yet financially stable enough to hold their money long term and therefore not yet ready for retirement
Over time, Bitcoin has shown resilience and has consistently reached new highs after periods of correction.
personally i believe that history is the greatest tell of the future since we can’t know the future for sure we need to look at the past and see how the market moves and so far bitcoin has been consistent with its cycles so never let fomo get to you if you are investing in long term
FOMO is like a disorder for investors but to keep yourself free from it one should keep depositing bitcoins at regular intervals. Continuing to accumulate bitcoins in the DCA method combines various purchase prices every week or every month and shows the long-term UP average. Also aggressive buying in Bitcoin's price correction trend can get more stacks for less money.
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The choice between long-term Bitcoin holding and short-term trading depends on an investor's goals, risk tolerance, and market outlook. For me HODL is the best, because i believe in Bitcoin's potential to appreciate over time, seeing it as a hedge against inflation or a store of value. This strategy is less stressful and requires less active management but involves riding out market volatility. On the other hand, short-term trading aims to capitalize on Bitcoin's price fluctuations, potentially yielding quick profits but also requiring constant market monitoring and a higher risk tolerance. An interesting strategy to consider during a short-term price drop is placing a short sell order with a stop-loss (SL) to preserve your BTC holdings. If the price declines, the profits from the futures position can offset the losses in your spot wallet. Conversely, if the price increases, the stop-loss minimizes your losses, allowing you to retain most of the gains. This approach helps you maintain your BTC holdings while optimizing profits during market fluctuations. And apparently we should carefully consider our financial situation, experience, and objectives before choosing between these approaches.
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I see bitcoin as a long investment option...if i wanna do some scalping, i work with other coins
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If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
Indeed. When the market crashed and we have no way to sell our coins, the only way is to wait for a pump. There should be time that the market will show better trends. The drop must be a temporary only. If we are trapped in some coins, we can hold the coins until the prices increasing again. As long as we are holding trusted coins, it we shouldn't be so afraid to hold them for a longer time.
Daily trading is just another option for earning money. But it requires a good knowledge in trading, proper analysis, and the specific skills. It is better to not trading daily if we don't have the knowledge, skills, and ability of analyzing charts.
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If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
Indeed. When the market crashed and we have no way to sell our coins, the only way is to wait for a pump. There should be time that the market will show better trends. The drop must be a temporary only. If we are trapped in some coins, we can hold the coins until the prices increasing again. As long as we are holding trusted coins, it we shouldn't be so afraid to hold them for a longer time.
Daily trading is just another option for earning money. But it requires a good knowledge in trading, proper analysis, and the specific skills. It is better to not trading daily if we don't have the knowledge, skills, and ability of analyzing charts.
when the market crashes the only way if our capital is limited is to wait for the price of the coins we hold to rise, but if I have free funds I will trade because the price is falling and we can buy coins that we think have potential and are likely to rise quickly.
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If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
Indeed. When the market crashed and we have no way to sell our coins, the only way is to wait for a pump. There should be time that the market will show better trends. The drop must be a temporary only. If we are trapped in some coins, we can hold the coins until the prices increasing again. As long as we are holding trusted coins, it we shouldn't be so afraid to hold them for a longer time.
Daily trading is just another option for earning money. But it requires a good knowledge in trading, proper analysis, and the specific skills. It is better to not trading daily if we don't have the knowledge, skills, and ability of analyzing charts.
when the market crashes the only way if our capital is limited is to wait for the price of the coins we hold to rise, but if I have free funds I will trade because the price is falling and we can buy coins that we think have potential and are likely to rise quickly.
And we can say that is the basic for now, it's just paper loses that we are seeing in our portfolio and not true losses because we are not going to sell. On the other hand, having extra capital is good so that you can buy more as the price is at a discount.
As for long term though, it depends, others hold for a full cycle of 4 years. And then there are those investors who really hold more than that. Those people are really mentally though, and looking at the bigger picture as they can hold for 4++ years.
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If we are trapped in market manipulation, all we can do is wait for the market to improve again. Daily trading can be done if the market conditions are good and we can target a profit of 5%. but if we do not have the time and expertise in targeting we can choose long-term hold.
Indeed. When the market crashed and we have no way to sell our coins, the only way is to wait for a pump. There should be time that the market will show better trends. The drop must be a temporary only. If we are trapped in some coins, we can hold the coins until the prices increasing again. As long as we are holding trusted coins, it we shouldn't be so afraid to hold them for a longer time.
Daily trading is just another option for earning money. But it requires a good knowledge in trading, proper analysis, and the specific skills. It is better to not trading daily if we don't have the knowledge, skills, and ability of analyzing charts.
when the market crashes the only way if our capital is limited is to wait for the price of the coins we hold to rise, but if I have free funds I will trade because the price is falling and we can buy coins that we think have potential and are likely to rise quickly.
Exactly, by surviving we still have the opportunity to make a profit until the coin price rises again. Buying coins again when the price is falling is very good, but we have to know that we don't know whether the coin price collapse has finished or is still ongoing. If we get trapped deeper it will make us depressed and life will become uneasy.
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when the market crashes the only way if our capital is limited is to wait for the price of the coins we hold to rise, but if I have free funds I will trade because the price is falling and we can buy coins that we think have potential and are likely to rise quickly.
Exactly, by surviving we still have the opportunity to make a profit until the coin price rises again. Buying coins again when the price is falling is very good, but we have to know that we don't know whether the coin price collapse has finished or is still ongoing. If we get trapped deeper it will make us depressed and life will become uneasy.
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Actually, if we still have capital, we can buy gradually if we still have doubts, whether we buy at the bottom price or the coin price will go down again. because the reality is very difficult to determine the price because the market is difficult to predict, I prefer to buy when I feel the price is low by looking at the bitcoin price at that time.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
Indeed the active strategy apropos the buying and selling of bitcoin through market timing is one intelligent way of boosting the chance of making profits on investment in cryptos. If investors can closely observe the changes in the price and learn to act accordingly, then they can adjust the returns they receive on their investments. However, it is also necessary to carry out further risk assessment and be equipped with a reasonable contingency plan to effectively control the market risk well so as to achieve a minimum possible loss in trading.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
Yeah agree, I have been holding my Altcoins long term but the thing is that it already has profit when prices goes up but I still keep on holding and I regret not taking profit because it was now down for awhile and still no signs of going up. 😅
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
That's right, that's why I always look with doubt at crypto guys who buy Bitcoin and wait for a big price. They thus miss out on all the profit from price movements. I understand that for this you need to learn to predict the price. But if a trader has an understanding of support and resistance levels, then he will be able to make a Profit.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
That's right, that's why I always look with doubt at crypto guys who buy Bitcoin and wait for a big price. They thus miss out on all the profit from price movements. I understand that for this you need to learn to predict the price. But if a trader has an understanding of support and resistance levels, then he will be able to make a Profit.
I do medium term trading and when the crypto market is suitable for short term trading I will do it. Because I am not a person who buys bitcoin and waits for the long term, but a person who buys and sells when I have reached my desired profit target. I always take advantage of bitcoin price movements, because I will get a lot of profit from that method.
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I do medium term trading and when the crypto market is suitable for short term trading I will do it. Because I am not a person who buys bitcoin and waits for the long term, but a person who buys and sells when I have reached my desired profit target. I always take advantage of bitcoin price movements, because I will get a lot of profit from that method.
Indeed, this method may turn out to be very profitable if it is possible to use the movement of the market for some advantage. In medium-term trading, there is space to adapt in case the market changes, while in short-term trading, you can specifically make money on daily price oscillations, which are characteristic of the cryptocurrency market. So long as a person is able to dedicate sufficient time and attention to the markets and setting clear profit objectives this method can be very efficient in generating the greatest potential of trades.
In fact, this strategy is based on risk management and perfect knowledge of the shifts in the market trends. With the help of these two approaches, you are able to get better profit margins without over-commitment to positions that may not suit the current market conditions. Particularly when a crypto market is unstable, such an approach can indeed be useful.
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I do medium term trading and when the crypto market is suitable for short term trading I will do it. Because I am not a person who buys bitcoin and waits for the long term, but a person who buys and sells when I have reached my desired profit target. I always take advantage of bitcoin price movements, because I will get a lot of profit from that method.
The most important thing is that you have your own strategy and if you have been using it for a long time and it is simple, then you are doing everything right, I am sure that there is no need to invent something new, the income that comes from this is enough.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
That's right, that's why I always look with doubt at crypto guys who buy Bitcoin and wait for a big price. They thus miss out on all the profit from price movements. I understand that for this you need to learn to predict the price. But if a trader has an understanding of support and resistance levels, then he will be able to make a Profit.
Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
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when the market crashes the only way if our capital is limited is to wait for the price of the coins we hold to rise, but if I have free funds I will trade because the price is falling and we can buy coins that we think have potential and are likely to rise quickly.
Indeed. The only way is wait and see first. We need to wait for the time when we can sell our Bitcoin and have capital again. This is actually not an effective way but it is the only way to do if we have no capital anymore. But if we have the additional capital from our jobs in real life, we don't need to wait for taking profits for having capital. And it is better to have good money management to avoid spending capital too quickly. We must spend the capital at the right time and for the right coins.
Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
For Bitcoin, I think holding is better. If we want to trade coins, it is much better to choose altcoins. Altcoins have higher volatility, it can increase faster. Meanwhile Bitcoin, it sometimes increases very slowly. It will waste time only if we only get very small profits from trading Bitcoin.
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I used to think that the best way to make money on Bitcoin is to just hold it. But after the price fell by 70 percent from the maximum, I realized that I was stupid. I did not withdraw money, but simply slept through the moment when I needed to transfer all Bitcoin to stablecoins. So my answer: buy and sell Bitcoin. It's bad decision to hold it mindlessly hoping for 500k.
I agree with you, the best way to get big profits from investing in bitcoin is to buy and sell at the right time because the crypto market will always experience corrections, it is better to buy when the price goes down and hold until the price goes up, and sell when we feel we have made a profit, we can do that repeatedly and not just buy and wait for a long time, because the profit is greater if we always trade.
That's right, that's why I always look with doubt at crypto guys who buy Bitcoin and wait for a big price. They thus miss out on all the profit from price movements. I understand that for this you need to learn to predict the price. But if a trader has an understanding of support and resistance levels, then he will be able to make a Profit.
Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
Absolutely right. And if someone invests and holds Bitcoin, he will receive Profit according to the formula: current price minus purchase price. But regarding trading - you can get Profit infinitely if the market is flat and the price moves from 50k to 70k and back. The price has been behaving approximately like this all summer, and there are traders who have earned a lot on this.
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Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
Absolutely right. And if someone invests and holds Bitcoin, he will receive Profit according to the formula: current price minus purchase price. But regarding trading - you can get Profit infinitely if the market is flat and the price moves from 50k to 70k and back. The price has been behaving approximately like this all summer, and there are traders who have earned a lot on this.
I agree with both of you, trading will be more profitable because we can take advantage of the volatility of the coins we choose to trade, we can take advantage of buying and selling many times according to market movements, while if we only hold long term we can only get one profit from buying and selling from the coins we hold, although it is safer to hold bitcoin for the long term. but if we have the time and expertise in trading we should do trading.
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Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
Absolutely right. And if someone invests and holds Bitcoin, he will receive Profit according to the formula: current price minus purchase price. But regarding trading - you can get Profit infinitely if the market is flat and the price moves from 50k to 70k and back. The price has been behaving approximately like this all summer, and there are traders who have earned a lot on this.
I agree with both of you, trading will be more profitable because we can take advantage of the volatility of the coins we choose to trade, we can take advantage of buying and selling many times according to market movements, while if we only hold long term we can only get one profit from buying and selling from the coins we hold, although it is safer to hold bitcoin for the long term. but if we have the time and expertise in trading we should do trading.
Yes long term bitcoin holding can be relatively more suitable for an investor with higher profit potential. For trading you should first have a decent bitcoin holding and tend to withdraw at most 25% of bitcoin every year on the every of ATH touch so that there is an independent combination of capital invested and profit. At the same time the trend of depositing bitcoins should be kept regularly and keep oneself more positive to increase the holding.
You must follow a constructive approach to acquire trading skills and your investment success depends on that strategy.
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Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
I agree with you, it is better to put bitcoin for a long term and sometimes forget that you have it there, or at least forget that you have it to withdraw, just withdraw until good benefits are obtained, otherwise I think it is not good, in fact the fundamentals of any investor is to always have btc until you get benefits, for me being an investor is sometimes difficult, because there are things that arise in life where you need the money no matter what and now, then a good investor has to have enough stomach to resist the attacks of life without touching the investment.
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I agree with you, it is better to put bitcoin for a long term and sometimes forget that you have it there, or at least forget that you have it to withdraw, just withdraw until good benefits are obtained, otherwise I think it is not good, in fact the fundamentals of any investor is to always have btc until you get benefits, for me being an investor is sometimes difficult, because there are things that arise in life where you need the money no matter what and now, then a good investor has to have enough stomach to resist the attacks of life without touching the investment.
I completely agree with you for some set of reasons. Having a long-term mindset and patience including discipline is kinda crucial when investing in Bitcoin or any other asset. It's very essential to set clear goals and avoid emotional decisions or as people call it (FOMO) based on short-term market fluctuations.
Forgetting that you have Bitcoin invested and not touching it until you reach your desired returns can be a great strategy however it's mainly for people who are interested only in long term trading. I think this helps you avoid making crazy decisions during market downturns or FUD. As we all know bitcoin too is volatile and HODLERs have to be determined to keep them in track.
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I agree with you, it is better to put bitcoin for a long term and sometimes forget that you have it there, or at least forget that you have it to withdraw, just withdraw until good benefits are obtained, otherwise I think it is not good, in fact the fundamentals of any investor is to always have btc until you get benefits, for me being an investor is sometimes difficult, because there are things that arise in life where you need the money no matter what and now, then a good investor has to have enough stomach to resist the attacks of life without touching the investment.
I completely agree with you for some set of reasons. Having a long-term mindset and patience including discipline is kinda crucial when investing in Bitcoin or any other asset. It's very essential to set clear goals and avoid emotional decisions or as people call it (FOMO) based on short-term market fluctuations.
Forgetting that you have Bitcoin invested and not touching it until you reach your desired returns can be a great strategy however it's mainly for people who are interested only in long term trading. I think this helps you avoid making crazy decisions during market downturns or FUD. As we all know bitcoin too is volatile and HODLERs have to be determined to keep them in track.
People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
If you only hold Bitcoin, you don't need to be worried about any FUDs. Bitcoin always proves that it creates ATH in each cycle. In the current cycle, we even already have a new ATH ($73,750). Long term holders probably will prioritize Bitcoin, this is the only safest coin for holding a long time. It will be quite different if we are holding altcoins. Many altcoins can survive a long time and many altcoins can't create new ATH anymore. People who hold the altcoins a long term must think about this. They don't choose the wrong altcoins for holding a long time.
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
If you only hold Bitcoin, you don't need to be worried about any FUDs. Bitcoin always proves that it creates ATH in each cycle. In the current cycle, we even already have a new ATH ($73,750). Long term holders probably will prioritize Bitcoin, this is the only safest coin for holding a long time. It will be quite different if we are holding altcoins. Many altcoins can survive a long time and many altcoins can't create new ATH anymore. People who hold the altcoins a long term must think about this. They don't choose the wrong altcoins for holding a long time.
This is not a new ATH, but a jump on one leg)) Bitcoin should not show such ATH, people will stop believing in it, this is very weak, I see chats with people who previously only traded in pairs with Bitcoin, they stop doing this and stop just blindly holding Bitcoin, everyone started believing in the alt season.
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
If you only hold Bitcoin, you don't need to be worried about any FUDs. Bitcoin always proves that it creates ATH in each cycle. In the current cycle, we even already have a new ATH ($73,750). Long term holders probably will prioritize Bitcoin, this is the only safest coin for holding a long time. It will be quite different if we are holding altcoins. Many altcoins can survive a long time and many altcoins can't create new ATH anymore. People who hold the altcoins a long term must think about this. They don't choose the wrong altcoins for holding a long time.
This is not a new ATH, but a jump on one leg)) Bitcoin should not show such ATH, people will stop believing in it, this is very weak, I see chats with people who previously only traded in pairs with Bitcoin, they stop doing this and stop just blindly holding Bitcoin, everyone started believing in the alt season.
Yeah some may think Bitcoin's bullrun was over that is why some are hopeful for the Alt season. Though I am not a big time holder but I hold both assets but with Bitcoin I don't think I can hold that long since I personally used to withdraw it for my needs and I think I had to give Altcoins a chance to make history on my wallet if it will. 😅
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
If you only hold Bitcoin, you don't need to be worried about any FUDs. Bitcoin always proves that it creates ATH in each cycle. In the current cycle, we even already have a new ATH ($73,750). Long term holders probably will prioritize Bitcoin, this is the only safest coin for holding a long time. It will be quite different if we are holding altcoins. Many altcoins can survive a long time and many altcoins can't create new ATH anymore. People who hold the altcoins a long term must think about this. They don't choose the wrong altcoins for holding a long time.
This is not a new ATH, but a jump on one leg)) Bitcoin should not show such ATH, people will stop believing in it, this is very weak, I see chats with people who previously only traded in pairs with Bitcoin, they stop doing this and stop just blindly holding Bitcoin, everyone started believing in the alt season.
Yeah some may think Bitcoin's bullrun was over that is why some are hopeful for the Alt season. Though I am not a big time holder but I hold both assets but with Bitcoin I don't think I can hold that long since I personally used to withdraw it for my needs and I think I had to give Altcoins a chance to make history on my wallet if it will. 😅
Everyone has their own path and you chose the most reliable but not the most profitable, I do not blame you but I want to tell you that in cryptocurrency or more precisely in earning on cryptocurrency you have to risk much more than just buy bitcoin and hold it, you need to buy not only altcoins (top altcoins) but also all sorts of new coins for example like now meme tokens, I and my friends who are involved in cryptocurrencies all buy them and yes we take risks, but the profit can be tens of times more than from holding bitcoin.
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Everyone has their own path and you chose the most reliable but not the most profitable, I do not blame you but I want to tell you that in cryptocurrency or more precisely in earning on cryptocurrency you have to risk much more than just buy bitcoin and hold it, you need to buy not only altcoins (top altcoins) but also all sorts of new coins for example like now meme tokens, I and my friends who are involved in cryptocurrencies all buy them and yes we take risks, but the profit can be tens of times more than from holding bitcoin.
Buying coins or tokens from new projects can give you more profit than just buying bitcoin and holding it. But the risk is very big, if we don't have good experience in this, we will suffer losses. But maybe you have enough experience in new projects, so do it.
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Everyone has their own path and you chose the most reliable but not the most profitable, I do not blame you but I want to tell you that in cryptocurrency or more precisely in earning on cryptocurrency you have to risk much more than just buy bitcoin and hold it, you need to buy not only altcoins (top altcoins) but also all sorts of new coins for example like now meme tokens, I and my friends who are involved in cryptocurrencies all buy them and yes we take risks, but the profit can be tens of times more than from holding bitcoin.
Buying coins or tokens from new projects can give you more profit than just buying bitcoin and holding it. But the risk is very big, if we don't have good experience in this, we will suffer losses. But maybe you have enough experience in new projects, so do it.
I did it, and I'm not saying that experience is not needed here, but I will note that a lot of experience is not needed here, but just the standard knowledge that if whales buy out an asset, then growth is always guaranteed, but it is not always guaranteed immediately, and here, as with Bitcoin, you need to wait for the moment of growth, but if you compare such meme tokens and Bitcoin, then buying Bitcoin now or, for example, the NOT meme token, then Bitcoin with strong growth will give a maximum of 50%, and meme tokens at least 500%, yes, there is a risk, but it is not the maximum, since I do not buy tokens for a pump that can simply disappear in a couple of days, after all, this is a very powerful project, even with a meme token on board.
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I agree with you, it is better to put bitcoin for a long term and sometimes forget that you have it there, or at least forget that you have it to withdraw, just withdraw until good benefits are obtained, otherwise I think it is not good, in fact the fundamentals of any investor is to always have btc until you get benefits, for me being an investor is sometimes difficult, because there are things that arise in life where you need the money no matter what and now, then a good investor has to have enough stomach to resist the attacks of life without touching the investment.
I completely agree with you for some set of reasons. Having a long-term mindset and patience including discipline is kinda crucial when investing in Bitcoin or any other asset. It's very essential to set clear goals and avoid emotional decisions or as people call it (FOMO) based on short-term market fluctuations.
Forgetting that you have Bitcoin invested and not touching it until you reach your desired returns can be a great strategy however it's mainly for people who are interested only in long term trading. I think this helps you avoid making crazy decisions during market downturns or FUD. As we all know bitcoin too is volatile and HODLERs have to be determined to keep them in track.
People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
The most convenient method is DCA through which people of any income can accumulate bitcoins if they have discretionary income. Discretionary income is the cash left over after gross income and expenses for the month. I think if an investor can deposit bitcoin regularly with DCA method and long term he can get huge profit as its demand is constantly increasing and bitcoin price can touch ATH again in few days.
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Trading in bitcoin is more profitable than just holding it long term, because we can gain profit from the volatility of bitcoin price, maybe this requires enough focus and time to always monitor the market but we also know that no effort is wasted if we focus on doing it.
I agree with you, it is better to put bitcoin for a long term and sometimes forget that you have it there, or at least forget that you have it to withdraw, just withdraw until good benefits are obtained, otherwise I think it is not good, in fact the fundamentals of any investor is to always have btc until you get benefits, for me being an investor is sometimes difficult, because there are things that arise in life where you need the money no matter what and now, then a good investor has to have enough stomach to resist the attacks of life without touching the investment.
Undoubtedly, we can expect positive results from holding Bitcoin for the long term. As a good bitcoin investor, focus only on the hold, not the price. And keep the investment indestructible through regular DCA and hold continuously for long term. You should always make wise decisions, invest money that you will never need, no matter how small it is. So make the investment last, focus on regular holdings. As a result, it is possible to acquire a huge portfolio at some point.
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The most convenient method is DCA through which people of any income can accumulate bitcoins if they have discretionary income. Discretionary income is the cash left over after gross income and expenses for the month. I think if an investor can deposit bitcoin regularly with DCA method and long term he can get huge profit as its demand is constantly increasing and bitcoin price can touch ATH again in few days.
With the note that DCA must be done consistently so that more bitcoins will be obtained and also see what price they buy it for.
Waiting when the price is really cheaper would be better.
Now DCA can also be done automatically and easily on some major exchanges such as Binance, you just need to set it up to make purchases in any condition, and it will be done quite easily and automatically.
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Yeah some may think Bitcoin's bullrun was over that is why some are hopeful for the Alt season. Though I am not a big time holder but I hold both assets but with Bitcoin I don't think I can hold that long since I personally used to withdraw it for my needs and I think I had to give Altcoins a chance to make history on my wallet if it will.
Both altcoins and bitcoin are all profitable. Even the 'shittiest shit coin' if that's a thing is profitable for someone out there and the fact remains every shit coin was once profitable if not it wouldn't exist at all. The crypto space especially in the case of bitcoin is something I like to call profit and loss shift. This simply means that when someone out there is moody about their loss , another person out there could simply be cheering about his wins.
However everyone prefers bitcoin simply because it's safer and easier to manage. With bitcoin you don't even need understand any technical thing except how to protect your coins and you should be good.
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
Well in this aspect many people made those moves in a very intelligent way , it is always the best to do what you did, those who managed to buy and hold from the BTC bearish was the best thing they have ever done, I would say that it is a long-term investment where at this moment they are Winning and winning, the good investor always maintains his investment until the end and apart from everything else when things happen in the future I predict that BTC will be worth a lot , that is where the investment that was made at that moment weighs the most.
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People who decide to hold long term, are not affected by FUD and FOMO because they have bought bitcoin during the bearish season and hold it until the bullish season. They already have a mature plan and use free funds that will not be used for a long time. I also do long term hold of some of my crypto assets, and the rest I use for trading.
Well in this aspect many people made those moves in a very intelligent way , it is always the best to do what you did, those who managed to buy and hold from the BTC bearish was the best thing they have ever done, I would say that it is a long-term investment where at this moment they are Winning and winning, the good investor always maintains his investment until the end and apart from everything else when things happen in the future I predict that BTC will be worth a lot , that is where the investment that was made at that moment weighs the most.
It is most appropriate to buy bitcoin when it is bearish, I agree with you and we hold it for the long term because bitcoin is always more expensive during the bullish season and we can hold it for at least 3 years in each cycle. I think this is the safest way to invest in crypto.
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Yeah some may think Bitcoin's bullrun was over that is why some are hopeful for the Alt season. Though I am not a big time holder but I hold both assets but with Bitcoin I don't think I can hold that long since I personally used to withdraw it for my needs and I think I had to give Altcoins a chance to make history on my wallet if it will.
Both altcoins and bitcoin are all profitable. Even the 'shittiest shit coin' if that's a thing is profitable for someone out there and the fact remains every shit coin was once profitable if not it wouldn't exist at all. The crypto space especially in the case of bitcoin is something I like to call profit and loss shift. This simply means that when someone out there is moody about their loss , another person out there could simply be cheering about his wins.
However everyone prefers bitcoin simply because it's safer and easier to manage. With bitcoin you don't even need understand any technical thing except how to protect your coins and you should be good.
Agreed, bitcoin is the safest coin for long term investment. Because by holding bitcoin we can get profit from this. While talking about other profitable coins, I prefer top coins and not the worst coins as you said, because it is very risky. Investment is a matter of money, I have to choose the smallest risk in investing.
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The most convenient method is DCA through which people of any income can accumulate bitcoins if they have discretionary income. Discretionary income is the cash left over after gross income and expenses for the month. I think if an investor can deposit bitcoin regularly with DCA method and long term he can get huge profit as its demand is constantly increasing and bitcoin price can touch ATH again in few days.
I have no doubt about that, for me one of the things that I see the most that can be possible is the DCA, for me it is the best option for those who believe that they can no longer buy or have bitcoin , at least there is this Option that is not bad at al l, the most beautiful thing about bitcoin is that it simply gives Opportunities , both for those who have and want to do more and for those who do not have and want to do more, and this is also something that we have to take advantage of , there is Nothing else that Gives us so many Benefits , at least I do not know of another good Option to make money.
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It's not surprising that many investors prefer short-term investments. Apart from only getting profits unlike long-term investors, it is also safer because they will experience less big losses if problems occur in the future. Remembering long-term investors Short just wants a small profit for his current financial needs
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It is most appropriate to buy bitcoin when it is bearish, I agree with you and we hold it for the long term because bitcoin is always more expensive during the bullish season and we can hold it for at least 3 years in each cycle. I think this is the safest way to invest in crypto.
It is a fact, things are always better for Bitcoin, I personally will always say now, if BTC is bearish then we have to take advantage of buying , of course sometimes there are moments when it goes down but we don't have the money and that is sad, because even if buying a little would be the ideal, then if not we have the DCA method which is the other option , but in these moments if you have BTC it is better to hold, because the price will go up , probably many hope it will happen by December , but it is not something certain, others say that it will be by 2025, but we have to wait , I hope it does happen.
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It's not surprising that many investors prefer short-term investments. Apart from only getting profits unlike long-term investors, it is also safer because they will experience less big losses if problems occur in the future. Remembering long-term investors Short just wants a small profit for his current financial needs
A huge advantage for long-term investors is that he doesn't have to spend much time on investing, he just keeps depositing a particular amount of bitcoins every month or week from discretionary income and cycles through multiple cycles and hopefully earns huge profits. Short-term investing, on the other hand, requires you to do extensive market analysis and invest time and capital, which creates additional stress for many investors. Short-term investments carry more risk than long-term investments.
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It's not surprising that many investors prefer short-term investments. Apart from only getting profits unlike long-term investors, it is also safer because they will experience less big losses if problems occur in the future. Remembering long-term investors Short just wants a small profit for his current financial needs
A huge advantage for long-term investors is that he doesn't have to spend much time on investing, he just keeps depositing a particular amount of bitcoins every month or week from discretionary income and cycles through multiple cycles and hopefully earns huge profits. Short-term investing, on the other hand, requires you to do extensive market analysis and invest time and capital, which creates additional stress for many investors. Short-term investments carry more risk than long-term investments.
Yeah, and if you are that person that doesn't want to complicate things, it's better to be a long term holder then. All you have to do, if you have a lot of money or just average joe is to do DCA. The only downside of it is that you need to be mentally tough to hold throughout the years and not be tested to sell if you see your profits already.
But once you get over with that, then you will be that diamond hand, a strong investor that will not sell until we see the market going into that bull run. So in this case, it could be 2025 and the price well over $100k.
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It's not surprising that many investors prefer short-term investments. Apart from only getting profits unlike long-term investors, it is also safer because they will experience less big losses if problems occur in the future. Remembering long-term investors Short just wants a small profit for his current financial needs
A huge advantage for long-term investors is that he doesn't have to spend much time on investing, he just keeps depositing a particular amount of bitcoins every month or week from discretionary income and cycles through multiple cycles and hopefully earns huge profits. Short-term investing, on the other hand, requires you to do extensive market analysis and invest time and capital, which creates additional stress for many investors. Short-term investments carry more risk than long-term investments.
Yeah, and if you are that person that doesn't want to complicate things, it's better to be a long term holder then. All you have to do, if you have a lot of money or just average joe is to do DCA. The only downside of it is that you need to be mentally tough to hold throughout the years and not be tested to sell if you see your profits already.
But once you get over with that, then you will be that diamond hand, a strong investor that will not sell until we see the market going into that bull run. So in this case, it could be 2025 and the price well over $100k.
Long term hold is always an option for those who have real world jobs and do not have to always monitor the market, they buy when it is bearish then hold it and sell it during the bullish season next year 2025. I also have the same prediction as you, the possibility of bitcoin prices touching more than $ 100K. Although if you look at the movement of bitcoin which is still struggling at this time the price of 4100K seems difficult, but during the bullish season everything will seem easy and the price will not suddenly climb.
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it is possible to acquire a huge portfolio at some point.
There is no doubt about that, I personally think that when we are going to have some type of crypto , be it BTC or Whatever , we should focus on what we should do every week , every day, every time we have money to invest , I would trust that a lot can be done if we buy in DCA mode and that we have a solid plan for at least 5 years to obtain good benefits, that would be the smartest thing to do to try this DCA plan to have good Benefits, which in the end is what is required to win , even so , DCA is always good under any criteria.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
I prefer to choose Altcoin for trading than Bitcoin, because I prefer more fluctuating coins, according to my observations Bitcoin is more stable so it's less suitable for trading. BNB, and Ripple is a favorite trading coin. There are other other coins that I use Solana, tons and sometimes I trade with Tron.
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What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
If I have the means to have access to plenty of cash, I will not trade Bitcoin, the pair isn't profitable unless you tried it with margin or go leverage. I will just buy it and keep for long term, it will remain in the wallet where it will be safe keep for the time been until I'm ready to sell it or if I have gain a significant profit of the investment.
Trading Bitcoin is even a stress to me, because you know very well that Bitcoin price don't stay in one place, that's an opportunity to buy and hold instead of running after the market trying to get 5% daily profits that you may end up losing when you get caught by market manipulation.
I prefer to choose Altcoin for trading than Bitcoin, because I prefer more fluctuating coins, according to my observations Bitcoin is more stable so it's less suitable for trading. BNB, and Ripple is a favorite trading coin. There are other other coins that I use Solana, tons and sometimes I trade with Tron.
Short-term trading seems too risky to me and requires a lot of time to review the market price which is very difficult for me, so I chose long-term Bitcoin investment. Also my second choice is to have ETH and BNB holdings which I try to trade in my spare time as I expect very small profit from trading altcoins. If you can increase your Bitcoin holdings, you can get huge profits in the future.
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This is not a new ATH, but a jump on one leg)) Bitcoin should not show such ATH, people will stop believing in it, this is very weak, I see chats with people who previously only traded in pairs with Bitcoin, they stop doing this and stop just blindly holding Bitcoin, everyone started believing in the alt season.
I don't understand what you mean. $73,750 is clear as a new ATH of Bitcoin. Why you think it is not a new ATH? I know you mean it is not the peak price of Bitcoin in this season, right? But we can't deny that it is a new ATH of Bitcoin so far. Bitcoin reached a new ATH before the halving, $73,750 was achieved in March 14, 2024.
We don't need to stop holding Bitcoin. We know the peak should be in 2025. I personally will keep my Bitcoin until it hits a new ATH. It should be at least $80k - $90k.
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This is not a new ATH, but a jump on one leg)) Bitcoin should not show such ATH, people will stop believing in it, this is very weak, I see chats with people who previously only traded in pairs with Bitcoin, they stop doing this and stop just blindly holding Bitcoin, everyone started believing in the alt season.
I don't understand what you mean. $73,750 is clear as a new ATH of Bitcoin. Why you think it is not a new ATH? I know you mean it is not the peak price of Bitcoin in this season, right? But we can't deny that it is a new ATH of Bitcoin so far. Bitcoin reached a new ATH before the halving, $73,750 was achieved in March 14, 2024.
We don't need to stop holding Bitcoin. We know the peak should be in 2025. I personally will keep my Bitcoin until it hits a new ATH. It should be at least $80k - $90k.
You're right, dude. Bitcoin has reached an ATh of $73K and I also have a target of $90K because at the moment that seems realistic to me. Although in the future, if Bitcoin can reach a price of $100K, I will change my selling plans, but that depends on market conditions. We are still waiting even though currently Bitcoin has reached $66K again, but it looks like $70K is still difficult to reach this month.
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Short-term trading seems too risky to me and requires a lot of time to review the market price which is very difficult for me, so I chose long-term Bitcoin investment. Also my second choice is to have ETH and BNB holdings which I try to trade in my spare time as I expect very small profit from trading altcoins. If you can increase your Bitcoin holdings, you can get huge profits in the future.
Your choice is right if you choose to hold bitcoin for the long term if you don't have much time to monitor the market because [short-term trading requires focus and always monitor the crypto market. I also have ethereum and BNB in my exchange wallet for trading.
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Short-term trading seems too risky to me and requires a lot of time to review the market price which is very difficult for me, so I chose long-term Bitcoin investment. Also my second choice is to have ETH and BNB holdings which I try to trade in my spare time as I expect very small profit from trading altcoins. If you can increase your Bitcoin holdings, you can get huge profits in the future.
Your choice is right if you choose to hold bitcoin for the long term if you don't have much time to monitor the market because [short-term trading requires focus and always monitor the crypto market. I also have ethereum and BNB in my exchange wallet for trading.
Monitoring the market and setting aside time for trading can be a bit difficult for many investors, so those who are into alternative income can accumulate bitcoins with a long-term plan. This reduces investment risk as well as adding average value to the investor's portfolio by buying a mix of different values which can give you huge profits while gradually increasing your holdings.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin trading is much more risky than holding Bitcoin. The truly wise choose holding bitcoins over never trading bitcoins. I have found that Bitcoin trading is not very profitable but Bitcoin holding is the most profitable. Market volatility is very difficult to understand Not everyone understands market volatility Those who do not understand market volatility are the ones who lose the most in trading. A skilled person can make money by holding but a non skilled person cannot make money by trading although they can make profit in one trade but at that time they stop trading from there they have to count many losses if the market rises later. So for me bitcoin trading comes holding most preferred.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin trading is much more risky than holding Bitcoin. The truly wise choose holding bitcoins over never trading bitcoins. I have found that Bitcoin trading is not very profitable but Bitcoin holding is the most profitable. Market volatility is very difficult to understand Not everyone understands market volatility Those who do not understand market volatility are the ones who lose the most in trading. A skilled person can make money by holding but a non skilled person cannot make money by trading although they can make profit in one trade but at that time they stop trading from there they have to count many losses if the market rises later. So for me bitcoin trading comes holding most preferred.
In my opinion, Bitcoin trading is more profitable than just a bitcoin hold for the long term, but in trading requires expertise, knowledge and experience. Many people learn trading and it takes a lot of time to be an expert in trading. Because the age is not easy, this makes not many people who become professional traders.
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin trading is much more risky than holding Bitcoin. The truly wise choose holding bitcoins over never trading bitcoins. I have found that Bitcoin trading is not very profitable but Bitcoin holding is the most profitable. Market volatility is very difficult to understand Not everyone understands market volatility Those who do not understand market volatility are the ones who lose the most in trading. A skilled person can make money by holding but a non skilled person cannot make money by trading although they can make profit in one trade but at that time they stop trading from there they have to count many losses if the market rises later. So for me bitcoin trading comes holding most preferred.
In my opinion, Bitcoin trading is more profitable than just a bitcoin hold for the long term, but in trading requires expertise, knowledge and experience. Many people learn trading and it takes a lot of time to be an expert in trading. Because the age is not easy, this makes not many people who become professional traders.
Yes you may get some profit temporarily by trading Bitcoin but if you tend to hold long term it can give you multiple profits. By trading you need extensive market analysis and experience which is very easy to deposit bitcoins with DCA method. If you have a reliable source of income and have extra money after daily household expenses, you may tend to deposit a portion of it into Bitcoins. By managing long-term DCA you can get huge bitcoin stash from multiple cycles.
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It is quite obvious that the history in price of BTC has been a very fascinating and unique quality of this Crypto asset proving it's volatility.
Holding BTC is good but for long term, one can't get profit so quickly on Holding any Crypto asset because it all depends on time and patience. Looking at the likes of BTC with it's price records it is a very good Crypto asset to place on Hold because it makes a great positive price difference as years goes by. And it will continue to grow higher and higher in price in time to come.
Knowing fully well it is almost unaffordable to get 1 BTC as an individual, it is much more better to hold the little fractions that can be purchased hoping for a price increment in the future to make some reasonable profit.
For the reason of trading, to me it is advisable to trade on Altcoins and memecoins which prices are lesser and one can even afford like millions or thousands as the case may be to trade and make reasonable profits.
But as a trader, one has to make proper research on a good token to trade on. As for BTC, I'll go with the perspective of Holding.
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You're right, dude. Bitcoin has reached an ATh of $73K and I also have a target of $90K because at the moment that seems realistic to me. Although in the future, if Bitcoin can reach a price of $100K, I will change my selling plans, but that depends on market conditions. We are still waiting even though currently Bitcoin has reached $66K again, but it looks like $70K is still difficult to reach this month.
It is true, the ATH actually has been reached in March, before the halving. It was $73k but now the price is only around $60k. So, if we expect to reach $100k, it is quite far from the current price. It is more realistic if we set a selling target at $90k. But it is up to you, don't fully follow my suggestion. If you believe in your selling price, just go with your plan.
Anyway, we are in October already but the price seems not increasing high, it is even declining quite a lot. Do you think we may experience red market again in this month?
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Most expert investors place more emphasis on long-term holdings in order to reap sufficient profits from Bitcoin. Others opt for short-term trading that allows for increased profits but also high risk. There is also no guarantee that you will get enough profit by holding it for the long term as Bitcoin is a volatile asset. However, Bitcoin past price history makes me highly interested in long-term investment and profitability. After its inception in 2009, Bitcoin value was zero, but its demand has been increasing over time and has generated a lot of hope among investors. But I like to keep Bitcoin as my first choice for long term investment because if you consider the price in the last 14 years you will see that its value has increased by more than 40 thousand times which is not seen in any other commodity. So I would recommend long term investment over short term investment in Bitcoin.
What is your opinion? Long term Bitcoin holding or short term trading which should be chosen.
Bitcoin trading is much more risky than holding Bitcoin. The truly wise choose holding bitcoins over never trading bitcoins. I have found that Bitcoin trading is not very profitable but Bitcoin holding is the most profitable. Market volatility is very difficult to understand Not everyone understands market volatility Those who do not understand market volatility are the ones who lose the most in trading. A skilled person can make money by holding but a non skilled person cannot make money by trading although they can make profit in one trade but at that time they stop trading from there they have to count many losses if the market rises later. So for me bitcoin trading comes holding most preferred.
In my opinion, Bitcoin trading is more profitable than just a bitcoin hold for the long term, but in trading requires expertise, knowledge and experience. Many people learn trading and it takes a lot of time to be an expert in trading. Because the age is not easy, this makes not many people who become professional traders.
Yes, trading in Bitcoin could be even more profitable for people who know how and who know when to trade or how to take advantage of the much fluctuating price of such digital currencies. But as you noted there is a lot of knowledge a right analysis and as you know trading takes a lot of experience. Mastery of the profession is challenging because learning occurs over a protracted period and includes a large amount of material. Also, age and real world occupation may be significant reasons why a person can take longer time to learn and adapt in a market that is characterized by high dynamism. Thus, some individuals may continue to buy, for example, Bitcoin for long-term storage as a more efficient and suitable pace of life’s rhythm for them.
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You're right, dude. Bitcoin has reached an ATh of $73K and I also have a target of $90K because at the moment that seems realistic to me. Although in the future, if Bitcoin can reach a price of $100K, I will change my selling plans, but that depends on market conditions. We are still waiting even though currently Bitcoin has reached $66K again, but it looks like $70K is still difficult to reach this month.
It is true, the ATH actually has been reached in March, before the halving. It was $73k but now the price is only around $60k. So, if we expect to reach $100k, it is quite far from the current price. It is more realistic if we set a selling target at $90k. But it is up to you, don't fully follow my suggestion. If you believe in your selling price, just go with your plan.
Anyway, we are in October already but the price seems not increasing high, it is even declining quite a lot. Do you think we may experience red market again in this month?
There is no way two countries will be in a logahead in war, and you expect the market to behave like nothing is happening.
Personally, with the way bitcoin started this month of October, I believe that by now, the price would have gone past $70k, or very close to it, but the war between Israel and Iran has spoilt things for we who are invested in crypto and waiting to cash out big.
It's not just the crypto market that is on decline, even the forex market is also experiencing or experienced some decline as well, so let's just hope that war is settled out soon, or that the crypto market grows and at a point, becomes immune to its negative effect, until then, we keep watching, and perhaps, using this deep as an opportunity to buy more of our favorite cryptos.
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You're right, dude. Bitcoin has reached an ATh of $73K and I also have a target of $90K because at the moment that seems realistic to me. Although in the future, if Bitcoin can reach a price of $100K, I will change my selling plans, but that depends on market conditions. We are still waiting even though currently Bitcoin has reached $66K again, but it looks like $70K is still difficult to reach this month.
It is true, the ATH actually has been reached in March, before the halving. It was $73k but now the price is only around $60k. So, if we expect to reach $100k, it is quite far from the current price. It is more realistic if we set a selling target at $90k. But it is up to you, don't fully follow my suggestion. If you believe in your selling price, just go with your plan.
Anyway, we are in October already but the price seems not increasing high, it is even declining quite a lot. Do you think we may experience red market again in this month?
There is no way two countries will be in a logahead in war, and you expect the market to behave like nothing is happening.
Personally, with the way bitcoin started this month of October, I believe that by now, the price would have gone past $70k, or very close to it, but the war between Israel and Iran has spoilt things for we who are invested in crypto and waiting to cash out big.
It's not just the crypto market that is on decline, even the forex market is also experiencing or experienced some decline as well, so let's just hope that war is settled out soon, or that the crypto market grows and at a point, becomes immune to its negative effect, until then, we keep watching, and perhaps, using this deep as an opportunity to buy more of our favorite cryptos.
I think the best used approach in such scenario is portfolio diversification and expect the market to be volatile due to global situation. As for precautions, instead of investing only in such experimental instruments as crypto investors can try to invest 5% of the funds in gold, which is safer in terms of geopolitics. Furthermore, updates on pieces of news and market analysis are crucial because you want to base your decisions on as many current events and numbers as possible. Insight and long-sightedness are the major requirements for surviving all these market challenges.
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You make some solid points! Long-term holding definitely has its merits, especially given Bitcoin's impressive growth over the years. 📈 It’s like planting a tree and waiting for it to bear fruit—patience can pay off big time! On the other hand, short-term trading can feel like a high-stakes game of poker; exciting but risky! 🎲 Ultimately, it depends on your risk tolerance and investment goals. If you can handle the rollercoaster, a mix of both strategies might just be the way to go! 🌳💰
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It's not just the crypto market that is on decline, even the forex market is also experiencing or experienced some decline as well, so let's just hope that war is settled out soon, or that the crypto market grows and at a point, becomes immune to its negative effect, until then, we keep watching, and perhaps, using this deep as an opportunity to buy more of our favorite cryptos.
War brings impacts on every field, it is true that crypto isn't the only field to get bad impacts. Yes, Stock or Forex market also get bad impacts, too. I can understand if there is some bad impacts in digital investments. People will feel afraid to invest their money with a very unstable economic situation. But the war mustn't last a long time, there should be time to stop the war. Although it may continue again, there must be ceasefire.
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It's not just the crypto market that is on decline, even the forex market is also experiencing or experienced some decline as well, so let's just hope that war is settled out soon, or that the crypto market grows and at a point, becomes immune to its negative effect, until then, we keep watching, and perhaps, using this deep as an opportunity to buy more of our favorite cryptos.
War brings impacts on every field, it is true that crypto isn't the only field to get bad impacts. Yes, Stock or Forex market also get bad impacts, too. I can understand if there is some bad impacts in digital investments. People will feel afraid to invest their money with a very unstable economic situation. But the war mustn't last a long time, there should be time to stop the war. Although it may continue again, there must be ceasefire.
The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
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The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
To be able to control emotions when investing requires long experience, this makes us understand the situation and can stay focused on the plans and strategies that we have decided. because emotions can make us lose when we are not focused on our plans, we will always be faced with bad emotions such as greed and fear in investing. that's why we must have enough experience to be able to invest and trade well.
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The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
Wars always bring bad impacts, it should be stopped as soon as possible. It influenced the world economic situation. If the wars continue, we will always have unstable economic situation. This will lead to crisis in all sector in life, including in crypto industry. I can't imagine if most crypto investors prefer to sell their coins for basic needs. We must have huge decline in crypto prices if this really happens in the future.
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The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
To be able to control emotions when investing requires long experience, this makes us understand the situation and can stay focused on the plans and strategies that we have decided. because emotions can make us lose when we are not focused on our plans, we will always be faced with bad emotions such as greed and fear in investing. that's why we must have enough experience to be able to invest and trade well.
Exactly, that is the reason being that the more experience that one gets while investing, the better they become in how to control their emotive factors. Time does help organizations to develop a better appreciation of the market environments and keeps managers on course to the desired plans and strategies. Passions like avarice and fear turn into barriers when it comes to making a reasonable decision. So, relying on enough experience gives us extra tools to look at the market calmly, and look for the best decision which will be profitable in the long term. Apart from experience, discipline and acquiring new knowledge mostly bear significant role in the use of emotions, and, therefore, in increasing the efficiency of investment and trading.
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The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
Wars always bring bad impacts, it should be stopped as soon as possible. It influenced the world economic situation. If the wars continue, we will always have unstable economic situation. This will lead to crisis in all sector in life, including in crypto industry. I can't imagine if most crypto investors prefer to sell their coins for basic needs. We must have huge decline in crypto prices if this really happens in the future.
It is better for big countries to immediately negotiate and find a solution to the war problem, because if the war continues while the current world economic conditions are not good, then it can be predicted that we will face big problems in the future and of course it will affect the crypto market too.
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The rise in the price of almost every commodity depends on the increase in the price of fuel in the world and recently due to the war in Russia Ukraine and war with Israel and other countries the price of oil is increasing as well as the price of other daily commodities. I think people based on their surrounding financial capability activate alternative means of income like crypto investment. Yes war situation must be stopped so as to avoid loss of life and also increase the supply of alternative income.
Wars always bring bad impacts, it should be stopped as soon as possible. It influenced the world economic situation. If the wars continue, we will always have unstable economic situation. This will lead to crisis in all sector in life, including in crypto industry. I can't imagine if most crypto investors prefer to sell their coins for basic needs. We must have huge decline in crypto prices if this really happens in the future.
It is better for big countries to immediately negotiate and find a solution to the war problem, because if the war continues while the current world economic conditions are not good, then it can be predicted that we will face big problems in the future and of course it will affect the crypto market too.
Indeed, the diplomacy of the nations involved is the only immediate way to solve the war and curb adverse effects. In view of this, catatonic conflict in the global market especially when the economy is unstable could escalate the problem creating a deeper economic problem. This is not only going to influence the more conventional industries, but also the cryptocurrency market which is pertinently vulnerable to changes in uncertainty. The crypto market has shown that like any other market, the geopolitical and macroeconomic aspects can affect the market deeply. Going forward, failure to address the situation that led to the war could lead to further increased volatility within the crypto-market to the potential detriment of the investors. Hence, every time there is such aProblem it can be resolved diplomatically without necessarily causing more broader economic effects, thus preserving stability in sectors like the crypto.