Hold and trade which is best for you?

[rby]

There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.

Short term investment in Bitcoin to me isn't a good form of trading and that's because of the limited chances of gaining high. I'm not a daily, weekly trader but I know that trading altcoins are more beneficial for traders and that's because I have daily and weekly traders who make good profits. The best investment plan for Bitcoin is always long-term investment. I've been a long-term Bitcoin investor and I can boldly say it's my safe haven when it comes to trading

[Vx1]

Sometimes we trade it is also influenced by our situation and condition, so in trading we can be relaxed and also can be in a hurry. Relaxed I mean our financial condition is sufficient, then in trading Crypto we can also be calmer. The coins we hold can be held longer to get bigger profits, and vice versa if our financial condition is not good. So when we have a little profit, we want to rush to sell and withdraw profits.
So actually there are many factors that influence our calmness in trading, so we can make a decision to hold coins or sell coins that we have previously bought.

[Legion]

Sometimes we trade it is also influenced by our situation and condition, so in trading we can be relaxed and also can be in a hurry. Relaxed I mean our financial condition is sufficient, then in trading Crypto we can also be calmer. The coins we hold can be held longer to get bigger profits, and vice versa if our financial condition is not good. So when we have a little profit, we want to rush to sell and withdraw profits.
So actually there are many factors that influence our calmness in trading, so we can make a decision to hold coins or sell coins that we have previously bought.

In my view, in trading it is not just markets that talk but only how ready or strong you are internally when making decisions. When all aspects of a person’s life are well catered for, there is more time in investment for assets. On the other hand, when the economic forces hold, then there is no harm for one to act swiftly in order to lock what has been gained. I strongly believe that there are no right or wrong ways when it comes to trading, what we have is how suitable for what you need at a given time. Self-respect is one form of courage which many a times is not easily considered.

[UNIVERSE]

Sometimes we trade it is also influenced by our situation and condition, so in trading we can be relaxed and also can be in a hurry. Relaxed I mean our financial condition is sufficient, then in trading Crypto we can also be calmer. The coins we hold can be held longer to get bigger profits, and vice versa if our financial condition is not good. So when we have a little profit, we want to rush to sell and withdraw profits.
So actually there are many factors that influence our calmness in trading, so we can make a decision to hold coins or sell coins that we have previously bought.

Yes, we can't avoid to lose some of our Bitcoin when we are in bad condition. Sometimes we have urgent needs, so we are triggered to sell some of our Bitcoin. I think it is no problem if we sell the Bitcoin for urgent needs. I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).

[Vx1]

~

I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).

That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.

[Blaze]

That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.

Another important lesson that I understood personally, is that fear in trading is much worse than the loss. What ordinarily results from panicking is that your losses escalate, and you stand to lose more than what you tried to conserve. It takes courage to be able, in some way, to resist that temptation even if one feels like his or her entire being is against it. One of them is that I always set up a plan on when the market is closed that is when the stock will be sold, when it will be held. That way, the decisions are made not by the passion that is generated to high level and reaches the explosive stage, but by the plan you have set down when all the hues and cries from the inner self were not so loud.

[$crypto$]

I think it will be wrong if we sell Bitcoin because we panic. As experienced holders, we must be calmer to deal with any market condition. We don't easily be influenced and decide to sell our coins (including Bitcoin).

That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.

When we panic, it is already wrong, especially if we do something like selling when we panic, it is clearly wrong or at least it is an unwise decision at all.

Because when we sell because we panic, it means we are not doing what we really think, because of the pressure. We panic and we cannot think clearly, so everything we do is based on something that is unreasonable.

[Mr. Magkaisa]

There is short term investment which can be daily, weekly, Monthly and yearly. And how does it work. You purchase any amount of bitcoin and left it in the wallet or exchange and you bought it when the price is low and once the price is high above the purchase amount you sell and collect your profit. In the short term investment you only purchase it when the price is low. And there is no skill is needed in the short term investment of bitcoin. I don't know how others see this but I know that many would say it is a trading but I am telling that is not trading but it is purely an investment. There is no tool needed and no skill needed and all you need to is is to buy in the low and sell in the high price.

Short term investment in Bitcoin to me isn't a good form of trading and that's because of the limited chances of gaining high. I'm not a daily, weekly trader but I know that trading altcoins are more beneficial for traders and that's because I have daily and weekly traders who make good profits. The best investment plan for Bitcoin is always long-term investment. I've been a long-term Bitcoin investor and I can boldly say it's my safe haven when it comes to trading

        -      Well, definitely, I agreed that bitcoin is really proven and tested in the long-term, but not all Bitcoin enthusiasts will probably agree with you that bitcoin is not good in the short-term. Because whether we admit it or not, there are people who actually make money from bitcoin even in the short term because if there are people who make money in scalping, then especially in the short term, right?

The risk is really less at this level of activity that we are doing. Unlike in the long-term, we will not experience stress or hassle, that is true and has been happening
in the industry for several years.

[Rubel007]

That's right, selling Bitcoin when panicking is very detrimental, but of course there are still traders like that even though they know the risks. In a state of panic when trading, all the decisions we make can be wrong and this will have very bad consequences. So actually in any condition when trading, we should not be emotional, should not panic and must try to stay as calm as possible before deciding whether to sell or buy again, want to hold and so on.

Another important lesson that I understood personally, is that fear in trading is much worse than the loss. What ordinarily results from panicking is that your losses escalate, and you stand to lose more than what you tried to conserve.

Yes, if a trader loses in trading, he will lose some money but he will also learn from that but when he is afraid of trading, he will fail to learn. When he loses, he will understand his mistake and correct himself later but if he does not trade due to fear, then he will fail to learn from trading. However, if someone is only interested in holding without trading, that is his personal matter. Holding is much easier than trading. It will completely depend on the investor. However, just as a holder will not understand the joy of trading, a trader will not know about the benefits of holding.

[Bobcrypto]

In learning trading requires patience, you are right because it takes a long time to become an expert and have knowledge and experience in trading. Greediness must also be avoided, because greed makes us not focus on the initial goal. Many people fail because they are impatient and too greedy when they see the market soaring.

Yes, patience is really needed. We may take a long time for learning, even learning will never end. If we want to be an expert, we must keep learning for the further knowledge. We can't be satisfied with the current knowledge. We must also set a higher goal if we want to be a better trader/holder. This surely needs a big patience because we may face many obstacles. People who are weak and have lack of patience, they probably never reach the level of experts.

Learning crypto trading is a continuous process to master the market behavior, and obviously, learning doe not end because there are bound to be changes on the market dynamics.
Moreover, for s traders to consistently earn good profit overtime, he must be willing to get frequent lessons or advice from the most experienced traders.
Just like you mentioned, patient is one of the key on trading but it also depends on the trading type like, day traders, swing traders, and it can depend on the trading options too,  Spot, margin and future options has different levels of risks teloranc on individuals preferences, the same goes with being patient on the negative/positives condition of the market at certain points.

[Vx1]

~

When we panic, it is already wrong, especially if we do something like selling when we panic, it is clearly wrong or at least it is an unwise decision at all.
Because when we sell because we panic, it means we are not doing what we really think, because of the pressure. We panic and we cannot think clearly, so everything we do is based on something that is unreasonable.

The panic can arise when suddenly the price drops significantly in a short time, but usually this happens to new traders who are not used to such things.
For professional traders, they will certainly be able to control all of that and be able to control their emotions as well so that they will be able to minimize actions that will be detrimental.

[debra]

Learning crypto trading is a continuous process to master the market behavior, and obviously, learning doe not end because there are bound to be changes on the market dynamics.
Moreover, for s traders to consistently earn good profit overtime, he must be willing to get frequent lessons or advice from the most experienced traders.
Just like you mentioned, patient is one of the key on trading but it also depends on the trading type like, day traders, swing traders, and it can depend on the trading options too,  Spot, margin and future options has different levels of risks teloranc on individuals preferences, the same goes with being patient on the negative/positives condition of the market at certain points.

True, learning will never end. People who care with knowledge, they will always keep learning. But people who don't care with knowledge, they may stop learning earlier.

Sure, smart traders must understand that they should continue learning because they must have more knowledge to deal with more difficult situation in the future. Crypto market won't be always easy to face, sometimes it can be in a very condition. So we must have more strategies to apply for a different condition. The patience in learning is also needed, it won't be easy to keep disciplined in learning for many years.

[$crypto$]

When we panic, it is already wrong, especially if we do something like selling when we panic, it is clearly wrong or at least it is an unwise decision at all.
Because when we sell because we panic, it means we are not doing what we really think, because of the pressure. We panic and we cannot think clearly, so everything we do is based on something that is unreasonable.

The panic can arise when suddenly the price drops significantly in a short time, but usually this happens to new traders who are not used to such things.
For professional traders, they will certainly be able to control all of that and be able to control their emotions as well so that they will be able to minimize actions that will be detrimental.

Yes, it should be that those who are experienced will no longer feel panic which will later make them do something wrong. Panic is a natural thing, but it can be controlled.

Our job is to try our best to continue to increase our knowledge so that we can be more prepared. Without knowledge we will not be able to control it, because everything comes from there.