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Author Topic: Long term Bitcoin holding or short term trading  (Read 11001 times)

Online SmartGold01

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Re: Long term Bitcoin holding or short term trading
« Reply #45 on: August 14, 2024, 09:22:08 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #45 on: August 14, 2024, 09:22:08 PM »

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Offline LogitechMouse

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Re: Long term Bitcoin holding or short term trading
« Reply #46 on: August 14, 2024, 09:26:51 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #46 on: August 14, 2024, 09:26:51 PM »

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Re: Long term Bitcoin holding or short term trading
« Reply #47 on: August 14, 2024, 09:59:47 PM »
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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Offline Crypto Library

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Re: Long term Bitcoin holding or short term trading
« Reply #48 on: August 14, 2024, 10:18:25 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #49 on: August 14, 2024, 10:43:42 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #50 on: August 15, 2024, 01:10:57 PM »
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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Offline robelneo

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Re: Long term Bitcoin holding or short term trading
« Reply #51 on: August 15, 2024, 08:01:46 PM »

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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Re: Long term Bitcoin holding or short term trading
« Reply #51 on: August 15, 2024, 08:01:46 PM »


Offline Hamza2424

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Re: Long term Bitcoin holding or short term trading
« Reply #52 on: August 15, 2024, 09:51:39 PM »
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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Offline armanda90

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Re: Long term Bitcoin holding or short term trading
« Reply #53 on: August 15, 2024, 10:07:36 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #54 on: August 15, 2024, 10:29:28 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #55 on: August 15, 2024, 10:53:28 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #56 on: August 15, 2024, 11:23:59 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #57 on: August 16, 2024, 12:36:38 AM »


       -     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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Re: Long term Bitcoin holding or short term trading
« Reply #58 on: August 16, 2024, 12:46:43 AM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #59 on: August 16, 2024, 09:12:47 AM »
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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