Topic: Bitcoin holder are not maximizing the bitcoin potential (Read 837 times)

I can say both investing and trading can bring maximum profits if you are also skilled in both. But if you think you are still not capable to trade successfully, then never do it. That will only mean a loss for you if you still pursue on that. However, with bitcoin long term hodling, your end profits will always be massive as long as you have the required qualities of a long term hodler, which means if you have that, you are still maximizing your potentials as a bitcoin hodler.

Finally, I got a feedback! Thank you! I already started disappointing that nobody cares about replies to the questions they asked themselves in the first place.

Actually, my losses were not that catastrophic. Of course, I had them and still have them from time to time, however generally I always find myself in a plus. I don`t say I always know when the right moment for opening a position is, but I try to find one everyday using technical indicators. And I guess I have succeeded in this, because I chose not so high percentage of a profit which satisfies me. And also as I said before, my calculations suppose that not all 30 or 31 days of a month will be profitable. But I try to make such at least 20 days. And I succeed so far. I believe that doing such trading can lead me to my goal, which is financial freedom and possibility not to work as an employee.

You must have had a lot of losses last two years. BTC and ETH prices were mostly falling. How did you manage to find the right moment to open a long position every day? Yes, in BTC/USD chart, height of many day candles is more than 1.3 %. But the height is calculated as the difference between the top price of the day and the bottom price of the day. And on many days, the bottom was after the top. So even if I’d buy the very bottom, it wouldn’t necessary mean that a 1.3% increase could follow. Vice versa, during the bear market its probability is not so high.

As a Bitcoin holder myself, it is my choice to just holding it than trading regardless of the market movement as I am not a day trader. Although trading is for everyone but “not for everyone”.  

The movement of Bitcoin’s price is unpredictable and it can go up or down at any moment without warning. Trading is much more riskier than buying and holding.

Maybe the OP was lucky enough to grab the opportunity to trade and made profit during that time. But do not expect that everyday will be earning profits as it is not a stable income source. There will always be losses and it’s something that we cannot avoid and is way out of our control.

It is true that trading is risky and that's the reality that not everyone is earning from it. If you do, congratulations to you. Being stable from trading is a hard thing to most. But as a trader, the information that you need to extract from those gurus are only the data that they're sharing from the world news or fundamentals that happens.

But if it's the actual strategy they share, it might not work for you.

It is best to stay on what makes you profitable and do it until it's not that effective to you anymore.

Are you saying that this strategy is a full proof for making profits without losses ? this wouldnt even happen. As usual, Am there are also numerous strategies on youtube of this kind. its not everyone that can be a trader or like to watch charts to catch movement every single day. Learning a strategy even takes some time so its not something that will come so easy. if its that easy then everyone will be trading daily.

It’s interesting that everyone writes that day trading is risky and dangerous, and that only few people can make money on it, and that a trader needs to listen to the advice of some YouTube gurus, and that Bitcoin has excellent potential to make a profit, but the problem is that it’s difficult to choose a working strategy, and there are a million more synonymous repetitions of the same thing, but when I wrote a few days ago about my day trading strategy, which works for me at least, I did not receive a single comment or question. I wonder if people are really interested in discussing profitable daily strategies or is it more interesting to churn out similar posts?

it makes sense to make bitcoin a profit of $30 to $50. However, this is a highly volatile trade. Of course, high risks have big benefits. Unfortunately, some ordinary people still think this is a strange investment because they earn a lot from investing in a shorter time. actually they just don't know its potential.

Chances are not always on your side, dude. It's just like you say that every week the trading activity that we will do can really be profitable. Even if you say that you have 500 dollars to trade the rolling system you will do within a week, you still cannot say that you will get a lot of profit because the market is indeed unpredictable.

Because there are times when the movement of the assets we hold is not aggressive, there is also a time scenario where, even if you have a small amount of capital, you can earn more than your capital after a week because it still depends on what is happening in the world of crypto space, such as the crypto news, the situation of the global economy, and so on.

I would say if they can make a profit daily, then he can make that much profit too. It's already quite troublesome to make that kind of profit, and I believe that we are going to end up with a lot of trouble anyway, so there is really no reason to keep insisting on something like this, it's not going to really change anything.

Daily trading and making a profit from it is something hard and not a lot of people can do it, I do wish that a lot of people did, and you can, the more people buy the more we all profit, but unfortunately it's not that easy. Which is why I do not think that the amount is the problem, I think the idea itself is already difficult as it is and would be hard to make it no matter what the amount is.

The Bitcoin market fluctuates several times a day, only giving traders an opportunity to profit from it. There are also many investors who have held Bitcoin for a long time, but are not fully patient due to market volatility. But for those who trade daily, Bitcoin offers opportunities based solely on market ups and downs. It is true that Bitcoin can only be viewed as a long-term investment that an investor can earn well in the future from that investment. Moreover, those who are knowledgeable and experienced traders can complete daily income of $20 to $30 dollars if they know good strategies about the market. But there are many people who are trading different YouTube videos to earn daily but once they trade accordingly they have maximum risk of losing money. Investing in Bitcoin requires taking good investor advice so that the investment decisions made by that investor can be profitable. Moreover, if a trader watches YouTube videos to earn his daily income, he will surely take wrong advice, and he will not get good experience from there, and it will not be possible for him to earn daily. So I think in order to make decent income one must take the advice of a good trader, only then an investor can invest money and earn profit from it.

That is the true aim of a crypto trader in the commercial industry that we live in. As traders, our main goal is to make a profit, not to forecast an uncertain profit. That is why some people in our society continually teach and emphasize the importance of trade knowledge.

We have approaches and means to benefit in the crypto business field because of our knowledge. And Bitcoin is the major thing that is good and proved to generate extremely big profit if you store it for a long time, especially now that Bitcoin halving will begin next year, just a few months from now.

I think holding and trading are two different things. People who hold Bitcoin are long-term investors, and the difference between investing and trading is that investing is always done for the long term, and trading is always done for the short term. Investing is easier than trading while day trading can be very difficult and risky. Bitcoin price fluctuates on a daily basis. In which an experienced trader can make good profits, but also keep in mind that the market can go against your analysis.

While investing in Bitcoin is always done when the price falls. In investment, if the price of Bitcoin falls further, the investor does not have to face much trouble, because the purpose of this is long-term investment. So it doesn't matter much if the price falls,because he is not investing on any time frame, he knows that the price of Bitcoin will go back up one day.On the other hand, the trader sells at a loss when the price falls because he has to buy from below to take the trade again,because he is trading on a time frame on a daily basis,he cannot wait for long.

In my opinion, Hodler and daily trading both maximize BTC potential. The only difference is in the time frame, the Hodler buys and sells in the long term (buy when the BTC price experiences a sharp decline during bearish times and sell during bullish times) perhaps with quite a large amount of funds and get a large profit too. Traders do it for a short time, sometimes in minutes to make a profit, but here sometimes they make a profit or even a loss.

Sure, maybe someone would give some piece of advice. But it worth mentioning, that I am from Ukraine, and cost of life is much lower here compered to European countries or USA/Canada. That is why for somebody my strategy could be less useful, as they have to earn way too much more, than I do.

My monthly deposit is approximately 3000-4000 dollars. Everyday I trade on this amount. I choose only those currencies, I find reliable. For me those are BTC and ETH. And I do only long positions. I am satisfied with one deal, which is opened and closed within one day. The percentage I look for is in the range of 1.3%-1.6%. No more. However, I understand that a day candle could be more than this, I choose not to take unnecessary risks. From my experience, 1.3%-1.6% growth happens every day, no matter which market it is today. I analyse when is the right moment to enter and open position with the goal of 1.3%-1.6%. I do it every day. In a month period I plan to have from 39% to 48%, if every day is successful. However, I am fully aware that every single day of a month cannot be as profitable as I with, sometimes I even close orders with loss. That is why I calculate, that at least 2/3 of a month should be as I plan. That is how I earn at least from 26% to 32% of my deposit in a month. This is all I earn for a living, actually. I have been trading for 2.5 years.

The OP's theory is all well and good, but it would be much better if he backed it up with proof that the trading he does gives him consistent long-term profits, but he's not going to do that. Seeing that since he wrote the OP hasn't commented here I'd be willing to bet that he doesn't even trade and it was an attempt at merit fishing.


Would you care to elaborate? The vast majority of traders lose money but some make money. If you are one of those who win it would be interesting if you could share your experience, such as how long you have been trading, with what approximate capital, what profitability and things like that.

My trading strategy requires daily trading, I do it every day. And I have a particular percentage in mind while opening orders, I use take profit orders, and I believe I know, what I want in the end of the deal. This implies I have a goal in the end of the month, the specific percentage as well. However, I also assume that in the best case only 2/3 of a month can be profitable, when everything is going like I thought. I cannot count on every day being as profitable as I want. Some of the days can be even red, I can loose not only the potential profit, but also a part of the deposit. This is why we cannot have an illusion of daily or weekly trading as exceptional profitable activity.

Yeah true, I mean what you said not what he said. It's not guaranteed to make a profit daily or weekly from bitcoin when you are trading. It doesn't mean you can't, you may end up making a profit, but there is a good chance that you may not make a profit as well. So, people should be careful about it no matter what.

I believe that we need to end up focusing a bit more towards making profit as much as you possibly could, and if you can do that then we are going to end up with a profit that would make sense. I understand it's not going to be that easy, as long as we let it be then we are going to end up with a good result one way or another. I believe that we can make sure that it's going to be something that will benefit us.

Yes this is true that people don't have enough money to continue their life expenses that's why they sell their bitcoin in order to meet these needs. Therefore this amount can be move from seller and buyers which means that amount of bitcoin is limited but people are changing their ideas due to which bitcoin movement happens.

Some people have lost their bitcoin as a result of losing their keys and they don't have access to it but this little amount have no effect on the total supply of bitcoin as people will be able to buy and sell bitcoin in just a little part.

All the citizens of country are not buying bitcoin because some are not able to buy it while some are not trusting it easily therefore we cannot say that all number of bitcoin is moving here to there may be some are not enter into the process of circulation now.

The way you presented this to us makes it sound like you are never going to make any losses while trading. Which is never the case with trading. It is risky and you get both wins and losses. So encouraging people to get involved in this is not the right advice. Why do you think people choose to HODL instead of trading Bitcoin? If it was not that profitable then why do it? We can make good profits with daily or weekly trading with Bitcoin for its volatile nature but that also makes it more risky.

If you can make use of your skills to make profits from Bitcoin trading, then that's good for you. But just because you can does not mean others can do the same thing. Don't be ignorant about the fact that not everyone is the same.