It all depends on how skill you are, if you could earn more by trading it then it would just be a waste to just hold it.
But if you couldn't trade then it would just lead to loss instead of gaining, so as a crypto earner you should also evaluate yourself, which move would be the best for you.
You should remember that trading is not for everyone it needs skill and experience, you should be prepared to lose in order to gain knowledge and experience on it.
Topic: Accumulating Bitcoin or trading Bitcoin which is more wise to do. - page 3. (Read 1019 times)
May 10, 2024, 03:24:10 PM
May 10, 2024, 01:10:21 PM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own. Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough. So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.
Yes, holding and trading are the two most popular methods when investing in bitcoin to make profits. And which method we choose will depend on each investor's preferences, but we need to admit one thing. We have seen many people succeed as holders, but it is rare to see someone succeed as a full-time trader. Likewise, even large investment funds, institutions and companies are investing in bitcoin by accumulating and holding. I don't see any of them liking day trading to make profit from it. It can be seen that holding is a better and safer choice, so I think we should prioritize holding over trading because it is safer and more suitable for most people.
May 10, 2024, 11:09:11 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own. Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough. So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.
Yes, holding and trading are the two most popular methods when investing in bitcoin to make profits. And which method we choose will depend on each investor's preferences, but we need to admit one thing. We have seen many people succeed as holders, but it is rare to see someone succeed as a full-time trader. Likewise, even large investment funds, institutions and companies are investing in bitcoin by accumulating and holding. I don't see any of them liking day trading to make profit from it. It can be seen that holding is a better and safer choice, so I think we should prioritize holding over trading because it is safer and more suitable for most people.
May 10, 2024, 10:08:36 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Well said. Both are actually profitable if you are good at both, but if you have doubts in your trading knowledge and skills, it’s better to just focus first on hodling alone, until you gain confidence to trade on your own. Know that those who are skilled and excellent traders nowadays have started buying and hodling their coins first, and decided to trade when their experiences are good enough. So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
However, regardless of how others have thought about it, what matters the most is your own interest and preference. Remember, you can’t just trade because others are trading and are earning decent profits, same like investing and hodling. Analyze what suits best for you, but if you can be good and profitable at both, that would be a bigger advantage on your part.
May 10, 2024, 08:25:02 AM
Accumulating bitcoin and holding unto it till the bull run is more wise to do as the risk and activity is low compared to trading.On the other hand it doesn't mean that trading isn't a wise choice to make but the risk of losses is more than that of investing.Accumulating bitcoin and holding for long term is the best thing to do as the ROI is more profitable than trading.Accumulating BTC and holding take some years as it expected by holders that the price will increase but traders excepts their profit on a short term (Quick profit).
May 10, 2024, 08:08:30 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.The bottom line for biggest difference and challenge between trading and investing is psychology.
With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.
The fact that people get to think alot and worry about their Bitcoin investment and the best strategy to follow is the main reason they prefer to just hold for a long time instead of trading. Trading is very profitable when done professionally but it involves lots of mentally stress which might generate into a serious health issue if not handled moderately. Holding is not without its own challenges either. A lot of investors take their psychological capacity for granted, many do not even know what is good or bad for their mental health
Whoever wishes to invest in Bitcoin should weigh the two options and go for the one that is within his capacity. Investment in Bitcoin is only profitable when you know what you are doing, otherwise you will lose all your capital and even lose yourself in the process.
May 10, 2024, 07:47:18 AM
Bitcoin isnt playing around; it wants to change the way money and power work for good. Keeping Bitcoin is the smart move for the long run. Take a look at the early birds; they're sitting pretty. That "Wow" moment when you understand what this thing can turn into. However, smart money knows all the ways to play it. Its not a bad thing to trade Bitcoin, folks. Its about getting a handle on this crazy, wild market and using that energy to make money. When you make more money, you get more Bitcoin. You're not just sitting there and hope that it goes up. As the price changes, you use them to add to your stack. Thats way ahead of the game in this new money world.
May 10, 2024, 07:44:33 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
Holding is much better than trading and brings larger profits than trading and the only thing you do in trading is just for you to buy and hold and when the price is high then you sell but trading involves a lot of principles and it needs you to be more consistency but holding there are no much activities to do around but with trading, you have to always rely on analysis even if they will fail and that is one of the risks a trader should be ready to take. but why some people trade is that they can not wait for a long time when it comes to making a profit because holding can take longer than we expected.So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
And everyone would have to know which one they belong to if it is holding off they will trade, you can not force anyone to trade but if it is a newbie I think it will be better for them to hold if they have capital to buy.
May 10, 2024, 07:30:53 AM
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
In both trading and investing, if you buy low, sell high, you get profit. If you can do it, you will have good trading and investing ROI.The bottom line for biggest difference and challenge between trading and investing is psychology.
With trading, you get more psychological challenge from market price movements, news, fud that can force you to do bad trading decisions. With investing, you will less likely be affected psychologically because you have good knowledge, strong belief to hold you bitcoin. You won't get loss if you don't sell your bitcoin and fortunately Bitcoin recovers with time and makes new all time highs with new bull runs, historically so far.
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with.
I am not against it or saying that trading is bad because each person has different abilities and talents. And I agree with the OP that, between choosing to trade or accumulate bitcoin, which is the better path to help us succeed and become rich, I would choose to hold. Let's look at reality and what has been happening, we have many millionaires and billionaires investing in bitcoin but most of them are long-term holders. Very few people can become rich through trading, and we regularly hear about billions of dollars being liquidated every time bitcoin is volatile. That shows that trading is not easy.
Don't get confused OP why did the majority choose to invest in Bitcoin rather than trading, it is because trading is too risky, stressful, and can't assure a profit. Unlike investing and holding, as long as you are buying low and selling high, profit is certain. But in trading, committing mistakes will end in tragic losses.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
So OP, if you think about less stress better see buying Bitcoin suits you well but if you are really a risk-taker, you can try trading.
Or, you can take both as long as you can manage yourself well but if not, better focus on the option that has interest. Never mind those people who said this is the best option as they also have different preferences in life.
If you have extensive knowledge of trading, it is better to trade bitcoin because every time you make a profit in bitcoin in the short-term, you can still accumulate bitcoin without having to buy bitcoin. Little by little. Apparently, every day you will be able to accumulate because of the compounding you will do with Bitcoin.
But if your knowledge of crypto trading is low, it is better to accumulate it little by little until you reach your target amount to accumulate in Bitcoin.
This is the best thing you can do I guess.
But if your knowledge of crypto trading is low, it is better to accumulate it little by little until you reach your target amount to accumulate in Bitcoin.
This is the best thing you can do I guess.
Long-term holders make bigger profits than traders because that's what I experienced a few years ago, trading daily making around $200-$300/day for 30 days on the BTC-Altcoin pair when BTC was bullish which Altcoin gained influence because of that but slowly the market started bearish and have to cut losses, and if I save capital at that time around 1=1.5 Bitcoin then the profit is more attractive in the long term, isn't it?, unfortunately more people like daily profits rather than patiently waiting for years before enjoying the results of the increase in Bitcoin prices, and if someone has known Bitcoin for more than 10 years but still chooses to trade, it could be because he can make money from it because many traders cannot survive in trading.
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
Trading is the same as entering a university that does not match the talents or skills that we actually have before, and yes, you will graduate from that university and also have sufficient knowledge and time. However, it is not certain that you will be successful in the university major you are studying because this is not a talent or skill that you were born with. And instead you become successful because of the talents and skills you were born with.
Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.
Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me. Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
I disagree with you Mate. There are professional not just professional but, professional profitable Traders who live and finance there daily needs through trading, discard such mentality mate and your fact of 90%. Hedge funds run on a different system as they profit meeting up there set yearly goals, don’t give a point about what you don’t know and I doubt you understand anything about Trading.
Trading isn’t a sustainable approach to Bitcoin as it would yield no good results apart from you profiting off your trades whereas Accumulating and Holding with a plan yields good results as you build a Bitcoin portfolio overtime and your value keep increasing. I don’t see any need to trade bitcoin when you can accumulate and have your own Bitcoin with same money you wanna risk in trading.
Bitcoin is a valuable asset not a Tradable coin to make profit off.
Many were trading Bitcoin while others were accumulating more, the Holders are smiling because value increase and is increasing.
Bitcoin is the best cryptocurrency in the world right now and a lot of people has developed interest in it.
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Bitcoin will grow more bigger and stronger as the day goes by, people who had opportunity to invest in it 10 years ago and never did are regretting it till date, accumulating as many Bitcoin as possible will be the must wise thing someone will do than trading it.
Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
From what have seen so far and little experience have gotten in Bitcoin I think accumulating Bitcoin is the best thing anyone could do to be on a safer end instead of trading it.
Usually trading Bitcoin come with a lot of disadvantages as it needs thorough check and watch over it while it grows cause once you get your eyes off it you might have a loss and you know what that means.
Let me make it very clear for you mate. If you gave enough time and can commit to give it to market, then trading is appropriate for this. On the other hand, if you don’t have some time, then it’s better to accumulate the Bitcoins rather than trading. Now you need to understand that trading requires some time given to the market in order to make the profit. Hence if no time, then accumulation is the best option.
Even if you spend all your time in the market and start trading, there is no guarantee that you will make a profit from trading. Trading is not simple and it is not for the masses either. The fact that you spend a lot of time on it only ensures that you will have better knowledge but cannot guarantee that you will definitely make a profit. Knowledge is not too difficult to acquire, but applying it and making a profit depends on your talent and effort. For me, being able to win in trading requires not only experience and knowledge, sometimes it also requires one's talent and that is why there are not too many successful traders on the market.
Unless you consider yourself a good trader, I would stick to accumulating 
There is no good trader anywhere even though they make profits most of the time but some times they run into serious losses and recovers again and keep on trading. Basically trading is a game of emotions and if your emotions is not that strong never enter into trading at all so that you don't get severe heart injury as a result from shock you could experience sometimes why trading and you encountered losses. Buy, accumulate and Hodl Bitcoin and be free without having to make checks at every intervals waiting for or using signals of which some are even misleading.
A lot of people are also confused on whether to accumulate and hold as many as possible or to start trading it.
Accumulation is better and that is what every one that has your best interests at hand will tell you, trading isn't as successful as it seems. Trading is not what everyone should be doing especially those that don't have a trading background before coming to this industry. Don't think you can always outsmart the market because you can't. You'll lose when trading and sometimes this might be everything that you have as you won't be able to control your emotions and be practicing revenge trading to win back your earlier losses. Trading puts your Bitcoin at risk but hodling doesn't which makes it better because when hodling what's important is how well you store your Bitcoin and keep your private key safe as well and off the reach of hackers/scammers.
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Am not saying those that trade Bitcoin are not making it big but accumulating Bitcoin is a lifetime investment and it will be more profitable.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
So don't be confused anymore accurate as many Bitcoin as possible and hold on to it.
There are actually big time traders that are killing it in the market and we'll always have new traders that will be successful but a majority aren't so you shouldn't think that the industry is very lucrative. For every one winner there are countless others that are losing but they won't come on social media to make announcement of their lost but only when they profit to draw attention to themselves. Accumulate bitcoin through dollars cost average and you will eventually get to the numbers of Bitcoin that you want to hodl and make profits without the stress of trading.
It's sealed that bitcoin is the first and most largest ever adopted in the Crypto and has never been contempted with the AltCoins in any ways. Then and now, bitcoin has taken shape and has been leading in the crypto markets.
I understand you're trying to give reasonable reasons that can be more productive for new invertors to achieve greater height of incomes and that definitely makes it good not to be so much in a haste to sell your coins when you're not in need of the funds yet or with the interest that the market has increased where you've met profits.
It's better of accumulating more and holding for a longer time because in bitcoin is the more longer you hold is the more profits we could make but nevertheless, let's not gamble excessively. So let's sell when we feel it's necessarily needed and be aware that bitcoin is a volatile currency which means it can fall today and increase tomorrow as much as increasing tomorrow but falls at the next.
I understand you're trying to give reasonable reasons that can be more productive for new invertors to achieve greater height of incomes and that definitely makes it good not to be so much in a haste to sell your coins when you're not in need of the funds yet or with the interest that the market has increased where you've met profits.
It's better of accumulating more and holding for a longer time because in bitcoin is the more longer you hold is the more profits we could make but nevertheless, let's not gamble excessively. So let's sell when we feel it's necessarily needed and be aware that bitcoin is a volatile currency which means it can fall today and increase tomorrow as much as increasing tomorrow but falls at the next.
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