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Author Topic: Long term Bitcoin holding or short term trading  (Read 10937 times)

Offline LUCKMCFLY

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Re: Long term Bitcoin holding or short term trading
« Reply #120 on: September 16, 2024, 09:58:27 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #120 on: September 16, 2024, 09:58:27 PM »

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Online Mia Chloe

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Re: Long term Bitcoin holding or short term trading
« Reply #121 on: September 16, 2024, 10:20:12 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #121 on: September 16, 2024, 10:20:12 PM »

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Offline rizqillah

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Re: Long term Bitcoin holding or short term trading
« Reply #122 on: September 17, 2024, 07:14:33 AM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #123 on: September 18, 2024, 11:59:11 PM »
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.


Offline Wiseman

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Re: Long term Bitcoin holding or short term trading
« Reply #124 on: September 19, 2024, 10:07:08 AM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #125 on: September 19, 2024, 11:20:08 AM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #126 on: September 20, 2024, 09:03:14 AM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #126 on: September 20, 2024, 09:03:14 AM »


Offline rizqillah

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Re: Long term Bitcoin holding or short term trading
« Reply #127 on: September 20, 2024, 11:18:28 PM »

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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Re: Long term Bitcoin holding or short term trading
« Reply #128 on: September 21, 2024, 08:23:19 AM »

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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Re: Long term Bitcoin holding or short term trading
« Reply #129 on: September 21, 2024, 04:53:15 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #130 on: September 21, 2024, 06:21:32 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #131 on: September 21, 2024, 07:15:11 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #132 on: September 21, 2024, 07:42:31 PM »
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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Re: Long term Bitcoin holding or short term trading
« Reply #133 on: September 23, 2024, 05:10:21 PM »

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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Offline dekafee79

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Re: Long term Bitcoin holding or short term trading
« Reply #134 on: September 23, 2024, 07:45:39 PM »

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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