Hold and trade which is best for you?

[debra]

Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.

Hold and Trade are 2 main ways to manage the crypto coins. People who want to get huge profits but they have no much time to trade, they prefer to choose holding (investment). In this way, people hold potential coins which can grow their prices significantly in the future. But the coins must be strong coins, the coins which have the chance to survive a long time. Meanwhile for people who try to get faster profits, they will choose trading. But this way requires enough time for trading, it needs time to analyze the coins very often. Even, some people do daytrading, they analyze coins and take profits every day. Well, both can be profitable, it depends on which one will be suitable for us.

[doc]

Both these actions are very important in crypto. If you want long term profits, then it is important to buy at low rates and hold till high rates. And most of the people resort to trading for their daily expenses.

Hold and Trade are 2 main ways to manage the crypto coins. People who want to get huge profits but they have no much time to trade, they prefer to choose holding (investment). In this way, people hold potential coins which can grow their prices significantly in the future. But the coins must be strong coins, the coins which have the chance to survive a long time. Meanwhile for people who try to get faster profits, they will choose trading. But this way requires enough time for trading, it needs time to analyze the coins very often. Even, some people do daytrading, they analyze coins and take profits every day. Well, both can be profitable, it depends on which one will be suitable for us.

Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.

[UNIVERSE]

Choosing to become a trader or holder depends on our abilities, both our ability to analyze, expertise and time to always follow the market. Because being a trader requires all of that. But for those who choose to be long-term holders because they are busy in the real world, it is also profitable to choose top coins and hold their coins until the bullish season.

To become a trader, we must have skills in trading. Sure, if we want to be a trader, we also need to have ability in analysis. It is because we will be very often analyzing which coins to buy for trading. If we have no good analysis, we may choose bad coins for trading. Choosing bad coins, probably lead to losses because they may drop their prices severely. Bad coins also can be dead coins, or it may be difficult to increase again.

[EluguHcman]

Investment can also be in short terms because investors do have their different goals but due to market fluctuations, it becomes a challenge for short term Investors to get their profits in the short while so some considers venturing of long term while given the volatilities chances for profits to come.

Trading involves more technical knowledges because traders could trade on daily basis and it also requires the traders to understand that sometimes they trade of buying and selling is not assured of daily profits because they would be lost some days.

[doc]

Investment can also be in short terms because investors do have their different goals but due to market fluctuations, it becomes a challenge for short term Investors to get their profits in the short while so some considers venturing of long term while given the volatilities chances for profits to come.

Trading involves more technical knowledges because traders could trade on daily basis and it also requires the traders to understand that sometimes they trade of buying and selling is not assured of daily profits because they would be lost some days.

Trading doesn't always make us profitable because sometimes we also experience losses, this is what usually happens. I also do it every day and get small profits because the capital I use to trade is not much. I put large capital for long-term holding, not for daily trading, because I am not a professional trader.

[babo]

I don't know if I have already proposed this site here or elsewhere, but it makes you understand how simple holding with bitcoin is powerful

https://dcabtc.com/

you can easily vary the data and make your projections in the past to understand that the return of the simple hold far surpasses the return of a good trader
we can bet on it

[surendertakyaan70]

Whether to hold or trade cryptocurrencies depends on market conditions. If we believe in the long-term potential of any cryptocurrency and expect the money invested in cryptocurrency to grow over time, then holding is advisable. In this, we need to be active. Successful trading often depends on technical analysis and understanding market trends.

[Yamzakid]

point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.

when comparing trading and investing, you need first consider their level of risk, and from my knowledge, trading has a bigger risk than investing. My advise especially to newbies is they should invest in Bitcoin because it is the first and most well known cryptocurrency with less risk, but the most importantly is to have the knowledge of both holding and trading.

[dekafee79]

point of main, holding need long time but trading is short time which you can make money everyday from trading.
First of all you need to understand holding or trading everything you need to have knowledge. As an experienced trader earns a lot of money by trading daily. On the other hand if a good investor can buy good currency then he can also get profit.

when comparing trading and investing, you need first consider their level of risk, and from my knowledge, trading has a bigger risk than investing. My advise especially to newbies is they should invest in Bitcoin because it is the first and most well known cryptocurrency with less risk, but the most importantly is to have the knowledge of both holding and trading.

to be a hoder or trader must have knowledge, because in investing both as a trader and holder must buy at the right time and determine the selling target. knowledge is very much needed and also experience. For a trader must have expertise, because trading is riskier.

[bee]

I don't know if I have already proposed this site here or elsewhere,

It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com

[Sim_card]

I don't know if I have already proposed this site here or elsewhere,

It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com

I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA. With that I can be able to te how much is in my portfolio and periodically I reassess my DCA strategy and look at how my is in my portfolio, if I am to continue to tweak to another way of accumulating bitcoin which is I might mix it with lump sum. The best way to calculate your average bitcoin is to use 200MWA to know if you are in profit or not, because with DCA you buy bitcoin at the highest and lowest price of the market.

[dekafee79]

I don't know if I have already proposed this site here or elsewhere,

It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com

I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA. With that I can be able to te how much is in my portfolio and periodically I reassess my DCA strategy and look at how my is in my portfolio, if I am to continue to tweak to another way of accumulating bitcoin which is I might mix it with lump sum. The best way to calculate your average bitcoin is to use 200MWA to know if you are in profit or not, because with DCA you buy bitcoin at the highest and lowest price of the market.

Actually the DCA method is good if we have a steady income to add to our bitcoin collection, but if we only buy when there is income that is also good. because I also make purchases if I get a profit from trading, because my weekly profit is also uncertain, sometimes I experience losses in trading,

[Cech1337]

Absolutely, both holding and trading have their own advantages and strategies, and it’s important to understand both to make informed decisions.

Holding (or investing for the long term) is about patience and waiting for significant growth over time. If you invest in a promising asset and hold onto it through market fluctuations, you might benefit from substantial returns as the asset appreciates over the long term. This approach requires less daily involvement and is based on the belief in the asset’s long-term value.

Trading, on the other hand, involves making shorter-term moves to capitalize on market fluctuations. Day traders or active traders often make profits from frequent buy and sell actions, leveraging short-term market changes. This requires a deep understanding of market trends, technical analysis, and often involves more time and effort to stay on top of market movements.

In summary, if you have the knowledge and skills, trading can offer daily opportunities to make money. But if you prefer a more passive approach, holding onto well-chosen assets for the long term might be a better fit. Both strategies can be profitable, depending on your goals, risk tolerance, and level of involvement.

[bee]

I don't have any tools that I am using for DCAing but I try to be consistent with my buy orders every week with a specific amount and if I have an increase in income, I increase the amount I use for DCA.

You are right, when you are in the middle of the DCA process, any calculator is not really needed. You just focus on your regular purchases. In your case, it seems like it is not DCA, more like Value Averaging. It is not suitable to be applied to DCA tools because the purchase amount is not fixed. Comparison of your purchasing scheme as follows:

[babo]

I don't know if I have already proposed this site here or elsewhere,

It is indeed a very useful tool for simulation, I also used this site in the past. But now there are many more complete DCA simulation tools such as dca.bitnob.com even showing the amount of accumulated BTC.
If someone is really doing DCA, the most practical and convenient portfolio monitoring site is bitinfocharts.com

Yes, it's a really excellent tool. In the past I've used it many times to explain price dynamics to people not in the crypto world.

just to make them understand that if instead of spending 10 euros for the second spritz they bought bitcoins they would probably have built themselves a nice sum to retire on