Topic: Hodling vs trading - page 4. (Read 1795 times)

You know in truth that bitcoin holdings are very favorable in the long term for millionaires. But for people who are not like them and who also want to hold Bitcoin, it's fine too, but don't expect them to get rich from Bitcoin because it's very expensive at the moment if a holder who is not rich but wants to get rich in Bitcoin thinks.

But holdings are really the best tools for long-term investment, not only in Bitcoin but also in other top cryptos in the market.

Everyone is of course responsible for what they do and in cryptocurrencies we must really understand well what we are going to do lest the income we get from our work and use it for investment or trading disappears suddenly because we don't understand it properly. what he did was right.
I agree with your opinion, if we are just starting out in the world of crypto, it would be better for us to invest because it is fairly easy because everyone can do it, it is very different from trading, it takes a lot of effort to be able to make a profit in trading.

You know in truth that bitcoin holdings are very favorable in the long term for millionaires. But for people who are not like them and who also want to hold Bitcoin, it's fine too, but don't expect them to get rich from Bitcoin because it's very expensive at the moment if a holder who is not rich but wants to get rich in Bitcoin thinks.

But holdings are really the best tools for long-term investment, not only in Bitcoin but also in other top cryptos in the market.

In the cryptocurrency industry, no one is responsible for others. Whether it is loss or profit, everyone is responsible for their own assets. So I think we can only advise for educational purposes which is better, hodling or trading. People have different teachings and oppositions on this topic, but to the extent that I have listened to the top analyst in this thread, and also he has advised me to hodle as compared to trading. So it means to say that the hodling strategy is an easy and simple strategy that every newbie can do easily, in which you don't have to put much effort into something like trading; just buy a simple coin and put it in the hardware wallet and hodl.

I will say learn from the best and those who have big and large amounts of Bitcoin.
Micheal Saylor, El Salvador President,  Robert Kiyosaki and those you know are real in for the uprise of Bitcoin,  they want to see you hold than they want to see you trade your coins.

Sowhy not adopt the same way they go. If you can not buy the way they do to accumulate and increase your holdings don't panic just make sure you have something doing as that wouldn't lead to you pushing trade your Bitcoin.
People trade for profits too, the question now is are your chances of profit  accumulations sure?

Hodling and trading has always been a debate in the Bitcoin crypto space.Are they different? Of course yes.Hodling is a term used to describe owning Bitcoin in a wallet especially for a long period of time.While trading on the other hand refers to the selling and buying of Bitcoin through an exchange.
 Both Hodling and trading have some similarities such as ;

1. The use of wallets to store Bitcoin.
2. For both trading or hodling to be possible you must own Bitcoin. Although trading requires a minimum amount of coins, hodling does not.
3. Both require you to understand how to secure your coins to avoid hacks or loss of funds.

Nevertheless, despite these similarities hodling and trading are also distinct this is due to the fact that hodling is usually long termed ( hodling appreciates better during long term.) however trading returns come from short term fluctuations in the price of Bitcoin.Due to the uniqueness of Bitcoin,some  persons tend to choose hodling over trading due to some advantages such as;

1. Ease ; hodling Bitcoin saves you the stress of understanding marketing strategies and little price fluctuations As you only store the Bitcoin in your wallet without transacting.(successful trading requires constant research and experience)

2. Transaction Costs ; Hodling comes with a lower transaction cost which is from depositing the Bitcoin in your wallet. However trading incures cost due to frequent transactions especially when the network is congested.

3. Long-Term  Gains ;Over time Bitcoin  has shown promising potential in it's price.Hodling  helps you benefit from the long term potential of Which in most cases appreciates better than little price gains from trading.

4. Security; Hodling your Bitcoin gives you a better option of making use of offline wallets such as air gapped wallets or hardware wallets,As they deem more secure than online wallets
 
With all these being  said it is important to note that hodling shitcoin is not advisable due to their exponentially high volatility which may lead to severe loss if not properly managed.
Trading and hodling is always a choice as they indirectly serve as balance to the Bitcoin ecosystem.

Don't forget to keep your keys safe 😁

That’s true, I noticed people who buy hold for long period of time uses cold wallet. As for traders it’s better to use exchanges with low charges like Bitget to enjoy smooth trading.

There's pros and cons to it. Holding bitcoins is inarguably the easiest way you can earn money in the industry. You could literally invest your money today, sleep until the bull run comes, and you're sure to gain profits no matter what. Although the risks that entails this situation is something that investors must also take precaution in.

holding is the best to avoid the risk of losing your money while trading and the only way you can lose your money is when the price is coming down that is if you are holding and you will still make your money back when the price comes back, because with what is happening in the market now it is not favorable to trade so there is a choice you want to trade you trade if you want to hold you hold.

Hodling and trading has always been a debate in the Bitcoin crypto space.Are they different?

I agree with you that a centralized exchange is applicable for trading because DEX charges extra fees because there are multiple block transactions. But I think it is wise to hold long term without trading. Because in this case, you only have to buy Bitcoin and keep it in a secure wallet, and in the case of trading, you have to do market analysis all the time, due to which no time can be given for any other work.  Cannot find multiple internet sources. And there is high risk in trading

There is no loss in holding because the price of Bitcoins falls below the value of the investment but it recovers again. But this requires patience. If you patiently hold for long term, you will definitely get profit from there. However, this patience is not shared by everyone and failure to hold long-term results in a bad experience with Bitcoin. And those who can hold it successfully are sure to profit.

A person who trades regularly and has no plans to hold should use a centralized exchange to trade smoothly. And if one intends to hold then a good Decentralized wallet should be used to hold long term Bitcoins. in this case Electrum Bitcoin Wallet is more comfortable to use and secure.

holding is the best to avoid the risk of losing your money while trading and the only way you can lose your money is when the price is coming down that is if you are holding and you will still make your money back when the price comes back, because with what is happening in the market now it is not favorable to trade so there is a choice you want to trade you trade if you want to hold you hold.

That’s true, I noticed people who buy hold for long period of time uses cold wallet. As for traders it’s better to use exchanges with low charges like Bitget to enjoy smooth trading.

IMO, Holding will always win from many sides compared to trading.
Long-term holders really enjoy prices and market conditions that occur. Regarding the benefits gained also differs much from the benefits gained through trade and can be proven and has often been proven that is recognized by trade actors.

Now explain to me how you draw these contradictory conclusions?

In our community, HODLers use non-custodial wallets more, while active traders use centralized exchanges' built-in wallets to save on sending fees.

Between holding and trading with Bitcoin, holding is always the best. Because holding is always less risky than trading. Trading at this time is very risky because the Bitcoin market is very volatile right now. If you're patient, you're holding on to Bitcoin for the long term. This allows you to earn more money by taking less risk.

I think Hodling is the best way As it the horse of long race and can give desired profit according to your goals on the other hand, Trading is the risky part where you can loose and gain as well Like for that you have to look at market sentiments all the time and Have to jump in the mud like you need to do DYOR sometime you fell prey of FOMO. Due to that you have to take your decisions in hurry or being emotional. You have to Do TA and FA. while in hodl you need not to take that much stress.

I had alot of conversation over hodling in this given thread where alot of seniors share their thoughts and experiences in this thread over it must read..........>>>>Buy the DIP, and HODL!

That is without a doubt an approach that you can take with the markets, but either one of those disciplines is already hard enough, to be able to perform both of them at the same time and to avoid making mistakes is probably beyond what most of the market participants can do, so they are forced to choose one of those options, and for someone like that it is better that at first they elect to become long term holders as it is the option with the smallest amount of risk and it is the easiest to perform out of the two as well.