Cryptocurrency holding and trading

[hugeblack]

DCA is a good way to minimize the risk and especially in the times like these when BTC is already touching its ATH and you don't resist to invest now so don't do Lump Sum but do DCA here and invest small amount now and at every drop or pump invest more but don't do lump sum because we all know in the blink of eye BTC price can come down CMIIW.

DCA is a good strategy when the market is bearish as long-term investment and the market transition from bearish to bullish will bring profits but it may not be ideal in a bullish market especially if you do not sell at the right time and the average purchase for the first year may be much higher than the return on investment. The opportunity now is to buy in one go instead of buying in installments over the next 6 months.

[Vx1]

I agree with you. Whoever wants to become rich from investing in Bitcoin must work hard to have a surplus of hundreds or thousands of dollars per week. Thus, within 4 to 8 years, he will have wealth. However, the speed and increase of capital in Bitcoin has become slower and will be slower every year. Thus, investing $1,000 10 years ago was enough to make you rich at the present time. You now need $100,000 or more.

But it is not easy to do, it takes a long process that certainly requires sacrifice. Not only time to learn, but of course on the way there will be a lot of money that we spend.
But it is true that if we have mastered all of that, then it is not impossible that the value you mentioned will be available to us.

[laijsica]

I agree with you. Whoever wants to become rich from investing in Bitcoin must work hard to have a surplus of hundreds or thousands of dollars per week. Thus, within 4 to 8 years, he will have wealth. However, the speed and increase of capital in Bitcoin has become slower and will be slower every year. Thus, investing $1,000 10 years ago was enough to make you rich at the present time. You now need $100,000 or more.

In fact, Bitcoin's price dynamics have changed so dramatically over time that it's surprising to compare today's price with its price 10 years ago. We are still learning cryptocurrency and with more experience it may increase in value to $150k or more. Maybe our next generation will be as surprised as we are 10 years from now. So investors should try to get decent holdings by depositing Bitcoins in DCA method to have a chance of getting a huge holding after multiple cycles of depositing.

[Ricardo11]

I agree with you. Whoever wants to become rich from investing in Bitcoin must work hard to have a surplus of hundreds or thousands of dollars per week. Thus, within 4 to 8 years, he will have wealth. However, the speed and increase of capital in Bitcoin has become slower and will be slower every year. Thus, investing $1,000 10 years ago was enough to make you rich at the present time. You now need $100,000 or more.

In fact, Bitcoin's price dynamics have changed so dramatically over time that it's surprising to compare today's price with its price 10 years ago. We are still learning cryptocurrency and with more experience it may increase in value to $150k or more. Maybe our next generation will be as surprised as we are 10 years from now. So investors should try to get decent holdings by depositing Bitcoins in DCA method to have a chance of getting a huge holding after multiple cycles of depositing.

Bitcoin is a currency that is bound to grow in the long term, despite its extreme volatility, Bitcoin is rise over time. If we look at bitcoin price in current month then this month started at 62K, and bitcoin went above this month high of 73k and today is the last day of this month and today bitcoin price is above 70k. And in between this 62K to 73K, Bitcoin has gone ups and down a lot. But despite these ups and downs, Bitcoin continues to grow.

If we look at the price of Bitcoin 10 years ago i.e. 2014, then the price was around $300, and ten years later i.e. in the current year 2024, the price of Bitcoin rose to a maximum of $73,737 and today the price of Bitcoin is over $70K. Which is really amazing. And it's going to be even more amazing in the future when Bitcoin will reach $1M in the near future. Bitcoin price going to $1M is not impossible, many Bitcoin experts have also mentioned Bitcoin price going to $1M. And this must happen, because we know that the bitcoin stock is limited, after 21 million no more bitcoins will be created. And with the rate at which Bitcoin's demand and popularity is increasing day by day, it doesn't seem like we'll have to wait 20 years for Bitcoin to hit $1M. Bitcoin also pumps out huge amounts after each cycle every four years.

So those who have not yet invested in Bitcoin, should start DAC method without wasting time. DAC method is the best and most profitable method to invest in Bitcoin (only in long term of course). So plan DCA for long term and start investing in Bitcoin, build a strong source of income and continue investing and holding continuously following DCA. You will surely benefit in future.

[Bobcrypto]

Holding coins is different from trading, Trading involves buying crypto assets to sell at a short intervals, and it depends on individuals plans and strategies. Holding is a plan to grow one's money overtime, it is a commitment of crypto assets to achieve later benefits.
We have different types of trading, and also holding strategies. Trading types includes Day trader, swing trader, copy trader etc, and there are short time Holding and long time Holding.
Now, a day trader take advantage of a quick rise in price of a crypto assets to close his position within the day, while a swing trader enter and exit his/her positions at certain price target and can be over the week, months etc
A short time Holder take advantage of a rise in price of an assets on a short time period, to close his position, while a long time Holder, similar to long-term investments, holds his/her crypto assets for long time in the future, probably on retirement to close his position.

[JISAN]

DCA is a good way to minimize the risk and especially in the times like these when BTC is already touching its ATH and you don't resist to invest now so don't do Lump Sum but do DCA here and invest small amount now and at every drop or pump invest more but don't do lump sum because we all know in the blink of eye BTC price can come down CMIIW.

DCA is a good strategy when the market is bearish as long-term investment and the market transition from bearish to bullish will bring profits but it may not be ideal in a bullish market especially if you do not sell at the right time and the average purchase for the first year may be much higher than the return on investment. The opportunity now is to buy in one go instead of buying in installments over the next 6 months.

DCA method is very effective for holding but it should be started when the market bull run is over and there is a big crash in the market.  At that time, long-term investment in Bitcoin or other crypto coins by following the DCA method, starting from the deep market till the bull season, can undoubtedly get good profits.  But till then not everyone can be patient and sometimes seeing the bad situation of the market many panic and sell their holdings.  But those who can hold them till the bull season can gain

[|MINER|]

For me it depends on the situation some time I do trading for short-term regarding the market hypes like investing small fund on the memecoins.
But most of the time I do the holding and it is for only the bitcoin and some few top altcoins also. And I also try to invest in bitcoin regularly by the DCA scheme which big back me a good return profit and as well as help with the risk management. And I always suggest those people who don't know much about the analysis skill those should do DCA scheme on bitcoin for the long-term.

[sampoerna]

Trading and holding are two different things and done by people with different reasons.

Trading is done to make money in short time frame, more like a salary so the goal is to make x amount of money in a given time like a week or month but holding is different and it's done for long term goals.

Losing money while trading is common but not everyone can bear the loss that is why they need to take all the necessary precautions to minimize their loss.

and, This will also affect the selection of coins, strategies, analysis, and also the fundamentals that are considered when trading or investing. because the concept is different and the targets are clearly different. the only similarity is: profit, and don't lose.

And this is where it is complex, because usually trading will be much more complex, when thinking about analysis in TA and FA simultaneously, as well as choosing a position, margin, and also whether to take a short or long position, and various other methods that must also be prepared to prevent losses in trading. this is really more complex than investing. and I personally, investing is much safer, just, still pay attention to the coins that will be invested in the long term.

[Axcel777]

Trading and holding are two different things and done by people with different reasons.

Trading is done to make money in short time frame, more like a salary so the goal is to make x amount of money in a given time like a week or month but holding is different and it's done for long term goals.

Losing money while trading is common but not everyone can bear the loss that is why they need to take all the necessary precautions to minimize their loss.

and, This will also affect the selection of coins, strategies, analysis, and also the fundamentals that are considered when trading or investing. because the concept is different and the targets are clearly different. the only similarity is: profit, and don't lose.

And this is where it is complex, because usually trading will be much more complex, when thinking about analysis in TA and FA simultaneously, as well as choosing a position, margin, and also whether to take a short or long position, and various other methods that must also be prepared to prevent losses in trading. this is really more complex than investing. and I personally, investing is much safer, just, still pay attention to the coins that will be invested in the long term.

The trading and investing of a cryptocurrency are different, and these are clearly evident when it comes to the coins to trade, the trading style, and even the analytical angle that is employed. Gaining involves paying equal attention to the charts as well as the economic factors which is different from investing which seems more secure though one needs to find out good assets to invest in.

In trading, whether one should prescribe to going short or going long, as well as management of margin, factors of risk are of essence. While investing enables us to target the stability of assets.

[satpol_PP]

Trading and holding are two different things and done by people with different reasons.

Trading is done to make money in short time frame, more like a salary so the goal is to make x amount of money in a given time like a week or month but holding is different and it's done for long term goals.

Losing money while trading is common but not everyone can bear the loss that is why they need to take all the necessary precautions to minimize their loss.

and, This will also affect the selection of coins, strategies, analysis, and also the fundamentals that are considered when trading or investing. because the concept is different and the targets are clearly different. the only similarity is: profit, and don't lose.

And this is where it is complex, because usually trading will be much more complex, when thinking about analysis in TA and FA simultaneously, as well as choosing a position, margin, and also whether to take a short or long position, and various other methods that must also be prepared to prevent losses in trading. this is really more complex than investing. and I personally, investing is much safer, just, still pay attention to the coins that will be invested in the long term.

You are right in the age of age more difficult because you have to do a more in -depth analysis, planning risk strategies and management. In addition we must be able to manage emotions, this all needs knowledge and experience. A professional trader needs 5-7 years to become a professional. By always learning and honing skills

[RewFrew]

We may lose capital for some time while trading which I consider as part of the normal process. In the crypto market I should trade with a tendency to respect price sensitive behavior and with proper selection process my portfolio can show positive trend which gives me more buying sense. One should try to get an average price through regular purchases for maintenance so that a large holding can accumulate over time and not deviate from the main objective of trading.

Yes it is absolutely true that loss and profit is a norms part of trading. Always our trade will show positive it is not trading behaviour. Some times we will saw positive indicator and some times we will saw negative indicator. But we have to analyses when market wil go positive indicator then we will try to trade. It will be support us to profit in trading.

Trading and holding are two different things and done by people with different reasons.

Trading is done to make money in short time frame, more like a salary so the goal is to make x amount of money in a given time like a week or month but holding is different and it's done for long term goals.

Losing money while trading is common but not everyone can bear the loss that is why they need to take all the necessary precautions to minimize their loss.

I think to minimize our loss we need to follow DCA method. DCA method is best trick to minimize trading loss i believe. DCA (Dollar Cost Average) means when market will go down every down we will creat buy then our average buying price will low. When market will up then we will go profit within short time.

[Findingnemo]

I think to minimize our loss we need to follow DCA method. DCA method is best trick to minimize trading loss i believe. DCA (Dollar Cost Average) means when market will go down every down we will creat buy then our average buying price will low. When market will up then we will go profit within short time.

Nope, DCA strategy is for the retail investors to accumulate coins over the times by building discipline and you can do that with any amount doesn't mean it helps us in saving us from loss, it's just delaying the process of profits as loss just only due to the lack of capital. DCA should be done irrespective of the market trend changes or else it won't be effective in accumulating the coins.

[laijsica]

I think to minimize our loss we need to follow DCA method. DCA method is best trick to minimize trading loss i believe. DCA (Dollar Cost Average) means when market will go down every down we will creat buy then our average buying price will low. When market will up then we will go profit within short time.

Nope, DCA strategy is for the retail investors to accumulate coins over the times by building discipline and you can do that with any amount doesn't mean it helps us in saving us from loss, it's just delaying the process of profits as loss just only due to the lack of capital. DCA should be done irrespective of the market trend changes or else it won't be effective in accumulating the coins.

I totally agree with you. DCA method can be adopted by an investor if he does not have much capital. Also if an investor has a system of guaranteed income and discretionary income weekly or monthly he can deposit bitcoins for long term and get huge stacks through multiple cycles. For long-term DCA management it is recommended to keep a floating cash with a guaranteed source of income so that there is no problem in accumulating bitcoins in case of emergency or risking withdrawal of the investment.

[Faisal2202]

DCA is a good strategy when the market is bearish as long-term investment and the market transition from bearish to bullish will bring profits but it may not be ideal in a bullish market especially if you do not sell at the right time and the average purchase for the first year may be much higher than the return on investment. The opportunity now is to buy in one go instead of buying in installments over the next 6 months.

Well I have to agree with you too as when the market is so bullish near to ATH in times like these there is a chance that market will pump more like if you do Lump Sum at $70k and market touches $80k you make a profit but if you would have done DCA you won't be making big profit but if we talk oppositely, like if the market dips at Lump Sum then you be making loss and that's bad for anyone, and if you would have done DCA the loss would be a way lower and you would at least have access to funds to make another entry at lower point.

Overall DCA is a good way for bearish market but I prefer Lump Sum in bearish market like if I have enough funds I would go in all in bearish market, would you do DCA when you will find BTC again at $20k or lower even if you have enough funds to do Lump Sum?

[nakmantu99]

I totally agree with you. DCA method can be adopted by an investor if he does not have much capital. Also if an investor has a system of guaranteed income and discretionary income weekly or monthly he can deposit bitcoins for long term and get huge stacks through multiple cycles. For long-term DCA management it is recommended to keep a floating cash with a guaranteed source of income so that there is no problem in accumulating bitcoins in case of emergency or risking withdrawal of the investment.

If we have a fixed income we can do the DCA method safely. And this method is very effective to be able to increase our coin collection, because as an investor with a small capital I do that by getting weekly rewards from bounty campaigns and also the profits from doing daily trading, so I choose the DCA method to enlarge my crypto assets.