Long term Bitcoin holding or short term trading

[UNIVERSE]

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.

[Wiseman]

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.

[Mia Chloe]

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.

[i_show_speed]

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.

[Hisbullah]

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.

[UNIVERSE]

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.

[laijsica]

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.

[macson]

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.

[Wiseman]

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.

[Mia Chloe]

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.

[NotATether]

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.

[Altlover]

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.

[Jating]

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.

[nakmantu99]

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.

[UNIVERSE]

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.