If you don't have experience and knowledge about trading, it's better to become a holder which is safer and equally profitable, because being a trader is not easy, you even have to be prepared to lose if our analysis is not correct. I tried to learn trading, but it seems I'm not very skilled at it, I still often lose.
Well, holding cannot always be equally profitable with trading but as you said, if someone doesn't have much knowledge about the market and knows they won't be able to make trades regularly and manage their trades in a good way, they should never do it because trading without knowledge will do nothing other than bringing a lot of risks in their way.
Holding can be pretty profitable sometimes, especially if a person has invested in the right
cryptocurrencies, but it usually takes a lot of time for an investment to turn profitable due to the fact that Bitcoin and the whole market moves in a cyclical pattern so one needs to wait for years before they see the assets they are holding gaining value in real time.
Holding only works with bitcoin.
Fuck shitcoins. Shitcoins are not investments, they are trades since there are not any of them that has a long term investment thesis. In this thread we are not talking about shitcoins anyhow.. so sticking with the topic of bitcoin there may well be questions from anyone whether they have enough or not, and if they decide that they don't have enough then the question would be wether to buy more or to wait... since you cannot accumulate more by selling rather than buying.. even though some folks will take such circuitous routes towards trying to accumulate more bitcoin.
Furthermore, most of the time, investing is not merely holding, because it takes a long time to establish a position, and an overwhelming number of people do not have money to invest from the start, so they have to buy some bitcoin on an ongoing basis in order to build up their investment.
If they have built their investment in some other asset, then they could reallocate into bitcoin, yet even then, people frequently prefer to reallocate in incremental ways rather than selling one asset for another.
Trading is a whole other game, and it seems kind of silly to buy and to sell bitcoin, when bitcoin is amongst the best, if not the best asset currently known to mankind, so why would you want to sell it if your goal is to own more of it?
Sure at some point you may well have enough bitcoin or more than enough bitcoin, and then at that point it might start to make sense to sell some of your bitcoin and allocate into other assets or just to use it for consumption purposes, but you have to get to a stage of