Cryptocurrency holding and trading

[Findingnemo]

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.

Investing money we make from bounties may not be enough anymore to accumulate decent amount of Bitcoin because the price of Bitcoin just keep increasing and let's say we have 60 dollars to invest every week then it would take 1250 cycles at the current rate to accumulate 1 whole Bitcoin which is a lot of time so we can also consider investing from salary to make it something decent enough.

[Crypto Library]

Investing money we make from bounties may not be enough anymore to accumulate decent amount of Bitcoin because the price of Bitcoin just keep increasing and let's say we have 60 dollars to invest every week then it would take 1250 cycles at the current rate to accumulate 1 whole Bitcoin which is a lot of time so we can also consider investing from salary to make it something decent enough.

For making a DCA Investment what I think is we should accumulate that much amount what wouldn't gonna effect much in our life leading. I mean we should invest on that amount if that amount of fund we loose it won't going to make us that much crazy. I doing doing currently 10$ per week for the long-term strategy which was perfect for me.

And I also want to mention that bitcoin have the volatile market bitcoin will not stay on the 75k always it will dump on the bear season so if you do the 60$ per week in everyweek then maybe we will also see some changes on the total cycles.

[Findingnemo]

And I also want to mention that bitcoin have the volatile market bitcoin will not stay on the 75k always it will dump on the bear season so if you do the 60$ per week in everyweek then maybe we will also see some changes on the total cycles.

Everyone has their tolerance limit which they only know but my point is bitcoin is volatile in the short term but it's growth is becoming stable cycle after cycle so if the previous ATH was 73K then the next cycle it will be 150K at least so small amount doesn't cover much is what I am trying to say. Atleast 100 a week will be helpful to accumulate a whole bitcoin in the next 5 or 10 years or it won't be a whole bitcoin with DCA.

[kulkhan]

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.

I divided my fund One for trading and one for holding. I think holding is best for now. Because we know cryptocurrency market is uptrained now. In up market trading is very risky. Because any time market could be huge up. So now i stopped my trading.

I think in up market holding is best so i am holding some coin. I think within short time we will see bull session. We know after few days US government election will be held and if Donald Trump were win then it will be positive for cryptocurrency market. And i think Bitcoin price will high.

[|MINER|]

I divided my fund One for trading and one for holding. I think holding is best for now. Because we know cryptocurrency market is uptrained now. In up market trading is very risky. Because any time market could be huge up. So now i stopped my trading.

I think in up market holding is best so i am holding some coin. I think within short time we will see bull session. We know after few days US government election will be held and if Donald Trump were win then it will be positive for cryptocurrency market. And i think Bitcoin price will high.

If you are a professional trader and have good knowledge about fundamental analysis to technical analysis then I think there is no specific time required for trading. A professional trader can trade any time from the market through his analysis skills and earn profit.
And if you are investor I mean holder i.e. the long-term trader then here you must make big investments in the bear season and keep the investment off in the bull season. As such I think now it is a wise decision to keep the investment off. But if you follow DCA scheme then there should be no problem to continue investment.

[kulkhan]

I divided my fund One for trading and one for holding. I think holding is best for now. Because we know cryptocurrency market is uptrained now. In up market trading is very risky. Because any time market could be huge up. So now i stopped my trading.

I think in up market holding is best so i am holding some coin. I think within short time we will see bull session. We know after few days US government election will be held and if Donald Trump were win then it will be positive for cryptocurrency market. And i think Bitcoin price will high.

If you are a professional trader and have good knowledge about fundamental analysis to technical analysis then I think there is no specific time required for trading. A professional trader can trade any time from the market through his analysis skills and earn profit.
And if you are investor I mean holder i.e. the long-term trader then here you must make big investments in the bear season and keep the investment off in the bull season. As such I think now it is a wise decision to keep the investment off. But if you follow DCA scheme then there should be no problem to continue investment.

Yes l am agree with you. Traders need proper knowledge about trading and other knowledge about fundamental analysis, fund management, risk management and news analysis etc. Otherwise traders will be losser there jas no doubt.

And investors need to follow market conditions when market will bear then they have to select proper time to invest. And after then if market go down then they have to follow DCA method. Then within short time investment will go for profit.

[nakmantu99]

Yes l am agree with you. Traders need proper knowledge about trading and other knowledge about fundamental analysis, fund management, risk management and news analysis etc. Otherwise traders will be losser there jas no doubt.

And investors need to follow market conditions when market will bear then they have to select proper time to invest. And after then if market go down then they have to follow DCA method. Then within short time investment will go for profit.

There is a lot to learn in trading and it all requires knowledge, experience, fundamental and technical analysis skills, always following the news. because short-term trading or day trading requires focus and good strategy and skills in doing it all.
It is not easy to become a professional trader because you must have experience and expertise in trading.

[Baofeng]

Yes l am agree with you. Traders need proper knowledge about trading and other knowledge about fundamental analysis, fund management, risk management and news analysis etc. Otherwise traders will be losser there jas no doubt.

And investors need to follow market conditions when market will bear then they have to select proper time to invest. And after then if market go down then they have to follow DCA method. Then within short time investment will go for profit.

There is a lot to learn in trading and it all requires knowledge, experience, fundamental and technical analysis skills, always following the news. because short-term trading or day trading requires focus and good strategy and skills in doing it all.
It is not easy to become a professional trader because you must have experience and expertise in trading.

Technical analysis is the obvious thing that we should learn in the beginning. And from there, we work our way up, and also we need a lot of time as well so that we can monitor the price movement and see how it goes.

So yes, it's not going to be very easy, there are a lot of challenges that we are going to face. But if you are really focused on it, and consider trading as a job then maybe you will become successful as time passes with the experience that you are going to get overtime.

[taufik123]

Technical analysis is the obvious thing that we should learn in the beginning. And from there, we work our way up, and also we need a lot of time as well so that we can monitor the price movement and see how it goes.
-snip-

Not only technical analysis, but fundamental analysis also needs to be studied because it will also be related to price increases.

In addition to doing risk management, psychological management also needs to be learned, because it is not easy to do management correctly so that the right decision can be taken when there is an emergency or where to enter and where to exit.

I always learned from my past trading experiences and started to control my emotions and trading psychology well.

[Faisal2202]

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

I also realized now which time is best to make the most out of DCA. I started at the price of $25k and stopped at the price of $40k or maybe $50k (don't remember the exact). You are right when we start investing from low point to the bull season we definitely make profits but I think we should only follow DCA if we don't have access to the funds all at once.

Because if in the bull run BTC dropped back to $30k and you have $5k or If I have $5k or more then I will simple Lump sum but yeah to minimize the risk like there is still chance that market can drop below $30k so I would not enter all at once instead will keep some funds aside to take another entry at more lower point.

[SmartGold01]

To reduce the risk of capital and get profit we should invest ourselves in buying regularly like any amount every week or every month instead of waiting for bearish period. If you have sufficient holdings you can leverage your investment with any method. Short term or long term.

I agreed with your opinion by buying gradually just as doing DCA to increase their accumulation of not it could be hard for the market to entirely dip before venturing the market, so utilization of every single market changes helps to increase our portfolios, and wouldn't feel that pressed with the amount for accumulation since it's a gradual methods.

[|MINER|]

Yes l am agree with you. Traders need proper knowledge about trading and other knowledge about fundamental analysis, fund management, risk management and news analysis etc. Otherwise traders will be losser there jas no doubt.

And investors need to follow market conditions when market will bear then they have to select proper time to invest. And after then if market go down then they have to follow DCA method. Then within short time investment will go for profit.

In my personal opinion what I think that those people who don't have knowledge about the technical analysis and the fundamental analysis and as well as even the basic analysis and those peoples goes for investing in trading I will call them gambler instead of calling them the traders. Because if they don't have knowledge about these things then they are definitely thinking that trading is all about luck and if their luck is good they will have the good profit and if this is not the case then they think they are over-smart people. And at the end of the day these over-smart people I mean traders, sorry gambler face the loss most.

[legend45]

Yes l am agree with you. Traders need proper knowledge about trading and other knowledge about fundamental analysis, fund management, risk management and news analysis etc. Otherwise traders will be losser there jas no doubt.

And investors need to follow market conditions when market will bear then they have to select proper time to invest. And after then if market go down then they have to follow DCA method. Then within short time investment will go for profit.

In my personal opinion what I think that those people who don't have knowledge about the technical analysis and the fundamental analysis and as well as even the basic analysis and those peoples goes for investing in trading I will call them gambler instead of calling them the traders. Because if they don't have knowledge about these things then they are definitely thinking that trading is all about luck and if their luck is good they will have the good profit and if this is not the case then they think they are over-smart people. And at the end of the day these over-smart people I mean traders, sorry gambler face the loss most.

In trading we must have knowledge and be able to make fundamental and technical analysis. If we can't do that, it's the same as gambling because we only rely on luck. Seek knowledge and start practicing skills so that we succeed in trading.
Many people who at the beginning when learning to trade experienced losses but they continued to practice and eventually became professional traders who have expertise in trading

[bayu7adi]

To reduce the risk of capital and get profit we should invest ourselves in buying regularly like any amount every week or every month instead of waiting for bearish period. If you have sufficient holdings you can leverage your investment with any method. Short term or long term.

Regular purchases are more suitable for long-term investments, because it requires us to buy continuously until the bullish period comes to sell the assets we own... since 2023 I started accumulating Bitcoin, precisely since the price of $ 35k, yes from there I began to understand that Bitcoin is indeed profitable when held for the long term.

the case is different if you do an analysis for a new coin, it might be more suitable for short-term trading because the price fluctuations are very unstable.

The point is, it is adjusted to the existing opportunities, so that we can consider holding or doing short-term trading.

[lombok]

In trading we must have knowledge and be able to make fundamental and technical analysis. If we can't do that, it's the same as gambling because we only rely on luck. Seek knowledge and start practicing skills so that we succeed in trading.
Many people who at the beginning when learning to trade experienced losses but they continued to practice and eventually became professional traders who have expertise in trading

Exactly, Buying and selling are not as easy as they may sound, it takes skills to trade in the stock market as opposed to blindly trading. It means that Fundamental and Technical analysis techniques when applied properly provide us with better well thought out decisions in every transaction so the probability of success is high.

It is not rare for members of the audience to have occasional difficulties or even trading losses when they learn. However, it is from this we are able to build on, continue practicing and over time gain those special skills that will make us expert traders.