Topic: Hodling vs trading - page 6. (Read 1708 times)

This is what most people do especially those who are saving some of their money from their salaries to buy some bitcoins every month to constantly adding to their investment and just putting it their waiting for the price to spike again like last time. This is the easiest investing strategy you could ever have given that you already know some basic knowledge to protect your bitcoins and how to keep them secured. This won't be a problem for those people because they haven't gone too far like others who sold their houses just to invest in bitcoins or take some huge loans just to join the hype, they won't be distressed by such and they still have their funds for their essential needs and savings.

No argument though, but I don't think i need to own bitcoin to be able to trade bitcoin, people can trade bitcoin directly with fiat or even other cryptocurrencies, so for me, i do not see this point as a point at all.

But nevertheless, let me agree that hodling bitcoin is much more easier, and even more profitable than trading it, By hodling bitcoin for the long term, the risk of losing it due to market fluctuations is very minimal, or even non existent, compared to trading which opens the trader to a whole lots of risk like losing money due to market fluctuations, losing the bitcoins due to exchange getting hacked, losing bitcoin due to your hot wallet getting hacked, or even losing the bitcoins due to you getting scammed yourself.

Overall, I prefer to hold Bitcoin for the long term than trading it, even though i know that there are times we still have to trade in order to make some small gains, but we should never do this with funds or bitcoin we are hodling for the long term.

That's because training and real trading are different. In trading, we use real money where when we experience a loss, we really lose, but as long as we don't sell the coins, we can still make a profit. But it also depends on the coin.

If you don't understand trading, you can buy and hold the coin until the price reaches your selling target price. And you should hold Bitcoin rather than altcoins for the long term. If you want to trade altcoins, it will be even more difficult because you have to find the right coin that can provide profits for you. And that includes if you want to hold altcoins as an investment.

So it all depends on your abilities and skills. If you want to learn about trading and have time to analyze the market, you can try trading. Otherwise, you can invest without having to trade.

Holding doesn't equate long term, I can hold a piece of bitcoin in my wallet because I want to use it for daily spending, like send from my wallet to another person when I purchase a product, I can keep the rest for spending the remaining days I want and not necessary for long term.


Trading and holding has a minimum amount you can buy depending on the exchange, most likely allow you buy as low as $10 and above.
Trading in this case depends on where you are doing it, if you are doing it on centralized exchanges, it's not as complicated like when you are securing your own wallet where you have access to your private keys and seed phrase, and not advice able to hold your coins on any exchange.


Your first point is valid but need a little salt, just because you hold bitcoin doesn't mean you should not do research, find out other things that are happening around the ecosystem at your free time, these are fundamentals things that contribute to the growth of bitcoin.

Tip 2 is wrong. Cost of transactions on bitcoin depends on your wallet address, the number of inputs and ouput and the how busy the network is in that particular time.

Timing is important in your third tip, what you call long term is subjective also. If you have bought bitcoin last year around January, you will be sitted on a unrealised loss and what is the assurance that it will go to that place next year or upper year, it could go there and then fall due to fear, doubt and uncertainty but buying now in a low market will definitely give you some goody profits by next or 2.

Holding and trading are different strategy to gain, but both are profitable depending on how you deal with it. So we have a choice on what we think is suited for us to have a huge gain. Thus, if you can, it would be better to try both, so you got the chance to xperience its importance and advantages and can decide which is more beneficial.

This is one of the reason why I chose to just hold my Bitcoin. It's less stress on my part unlike when I was still an active trader. Because in trading, it requires plenty of time to be able to monitor the market and of course the timing.

It is very easy to profit from training but you need to understand trading well then start trading. If you go to trading without understanding about training then you will lose your money so I say whatever we do if we start training with some understanding our money will be safe and we will be safe.  Can do trading. To do trading we need to find some coins that can get a lot of profit and earn money by investing for a long time.

In my opinion, there is no one better than the other, the important thing is that we need to choose what suits us best. Just because we don't make a profit from trading, that doesn't mean others don't make a profit too. There are many people who are making very good profits from trading and they even consider it their main job although not too many people are doing it. The higher the risk, the higher the chance of profit, trading is very profitable if people really take advantage of it.

As I understand it, he is only talking about a person's economy and not about a country's economy or the world.

What you say sounds good but are you using bitcoin as a means of payment, currency or are you also holding bitcoin with the expectation of earning high profits? Does bitcoin's original purpose still matter when most people consider it an asset rather than a currency? Furthermore, do you see any serious problem with bitcoin when people hold it instead of circulating it? Bitcoin is still growing stronger day by day without any concerns.

this must not be go against each other because both are profiteering depend  in our choices and timing ,
some wanted to trade while some needs to hold.

Trading - Riskier but worth the effort once succeed.

HODL - safer,cheaper but needs long time to see your profit.


now decide for your own , depending on how you needed and how you wanted the product.

But me personally? I am into Holding because Am not a good trader as I mostly missed the opportunity so sell when the right time comes.

I agree with you that holding will not help the economy because nothing good will happen if everyone just holds Bitcoin. However, we must keep in mind that Bitcoin investors sell their shares at different times. Aside from that, dealers will not trade in a volatile currency because they are aware of the a high risk. In this scenario, Bitcoin investors play an essential role in another way. That is why, in my opinion, holders and traders are important for the economy.

Both holding and trading have their merits and demerits. Holding requires some knowledge and luck at the very start of an investment. Once the investment is done, you need to hold onto it for the long term to get a huge amount of profit. While in trading, knowledge as well as exceptional technical and analytical skills are required with a full-time focus. Trading is risky compared to holding and can only be done if you are an expert in the field.
 
In my opinion, holding is always better than trading as the current market conditions are not suitable for trading because of the volatility concerns. Bitcoin is always more profitable when you opt for holding compared to trading. In trading, you might end up liquidating all your assets just with a single market move.

I respectfully disagree with that viewpoint. Holding, in my opinion, doesn't contribute to the economy. If we want to see the economy improve, there should be a continuous circulation of funds, in this case, Bitcoin, as that's what would create demand.

In the first place, the primary purpose of creating Bitcoin is to have a decentralized transaction system, free from the watchful eyes of the government, allowing for anonymity. The concern is that if people hold onto Bitcoin, it can make Bitcoin highly volatile. Just imagine if a single person holds 20% of the total supply and decides to sell it all at once, it would undoubtedly create chaos in the market.

When we talk about trading, it means we are interested in short term volatility so we can use any pair whether it is bitcoin or altcoin. But if we talk about long-term holding, I assert that only bitcoin is the best and only choice, we should stay away from all altcoins, even projects that people say are trustworthy.

To me, altcoins are for speculation and not a long-term trustworthy place because as you also mentioned. Leading projects like FTX or Luna with a capitalization of hundreds of billions of dollars also suddenly collapsed, so there is nothing for us to believe in the altcoin market.

In my opinion holding of bitcoin plays an important role in one's economy as compared to trading. In holding you will must win because you will have maximum duration in which you can wait for further booming whereas in trading you will have minimum time in which either you will win or will loss all the amount at once.

Holding does not make you emotional while all the decisions in trading are depended on emotions which is worse element lead the users to unsuccessful conclusions. You can buy bitcoin and then leave it until you have profit but in trading you cannot leave without thinking about your asset because if you left it for a second then you will miss miss chance and your money will be lost so always choose holding if you desires for more profit.

holding vs trading The topic is very interesting. Because you are talking about 2 things here which are opposite to 2 at once.
 In my opinion, holding means those who want to increase their spending without any loss of money usually choose this way of holding. This is the way a to make money safely. People who are not at all interested in taking risk or they want to increase their money without losing their money choose this medium more.

Trading is a medium where investing money can earn a lot of money in a very short period of time. Just as the money can be increased very much in a short time, your earned money can be lost in a very short time. Most of the people who invest here have fun with money risk.

Best wishes to you. But I would say, you should always opt for holding bitcoins. And if you are interested in holding any other currency, learn about it first, although many trusted currencies can also turn into scams. Because I myself have experienced this kind of fraud. Luna, FTX, how many other credible projects have turned into scams. Many people like you who had coin holdings here have committed suicide. So it is always better to choose Bitcoin as a holding. The risk here is low.

Holding was the important one in the trading,So the holding will come on the trading.So we no need to split the holding from the trading,holding was the essential feature of the trading.Some new trader will not use this option and loss their money by the panic selling.The trader should analysis the trading before using their real money into the trading,so the trader who ready to spend money for the trading analysis will earn huge in long run.

Hodling is good only for those who have been holding their coins since early times, and are still holding for more. Those who bought at high are holding it due to the fact that they don't want to lose on their investment (retail investors) and other big investors also don't want to lose that huge percentage of their earnings at low price. Trading is best for those who understand the market and can time their trades carefully so that even if they lose, their loss isn't so big for them and they can continue playing with the market, trade more and earn more.

Comparatively trading is much more difficult than holding. Risk is high in trading. A holder does not have to take much pressure in the case of long term holding but traders who are there often have to take decisions considering the market conditions. There is a possibility of losing more money if the market conditions suddenly deteriorate. But those who are holders can be free from such pressure. If held long term the market will recover for a period of time so a holder holds on even if the price falls and may profit at some point. A trader is involved in daily cash transactions whereas a holder only gets a chance to own large amount for long term. Holding can be a very good venture considering the current conditions and volatility.

In my own perspective, the thing will totally depend on the skill of the person which one he chooses as his option he will get a good profit in output.
I actually mean those who are good at technical analysis and have interest in short term trading. If they want short term trading what  you mean trading. Those who are beginners can check how they are performing in short term trading by investing themselves a little and if it turns out that their skills are good then they can do short term trading here. And I think besides short term trading he can do long term holding by doing dca management and making small investments regularly.So the fact is skill.