The risk of losts in Binary is extremely non-negotiable and comparable. OP I might be right or wrong, I feel you are grieved of how you recalls individuals proefficiently making money in the Bitcoin and trading spaces but you are confused of which to lye on.
If I may ask, did you ever indulged on Bitcoin investments or the so Binary trading? If yes, you should have got to decide which one would be best reliable to you or does it mean you needed a recommendation of which to go for due to their different speculation influences?
Well, Bitcoin is a reliable investment system which has the reputabilities of portraying its potentials without a deviate.
There is absolutely no reason for panics in the realm of Bitcoin investments. Just keep hodling, exercise patients and never be influenced by the negative side of the fluctuations as a result of the volatility nature of the coin.
I assume binary trading is as staking your funds to risk if you could make incomes and along the lines you could list all that you have invested. So, I would accept it to be that it is a tactical other means of gambling and i insights it that most persons whom are into the Binary trading are those who are desperate of making profits and in such case, there are inevitable circumstances like predicting what the binary trading industries could offer which lies between your gains or losts.
Bitcoin is not for everyone but anyone can make good output of it. One thing Bitcoin demands from its investors is the patient to hodling and before you could succeedly hold to your hodling, you must have an alternative source of income in support to afford your essential needs .
Topic: Is Binary Trade Better or Better to Buy and Hold Bitcoin? - page 2. (Read 622 times)
op First of all you need to understand which one will be more profitable for you to trade? Whether you trade binary or trade in bitcoin there are risks in both. But the difference is that you know a little bit about bitcoin. HOW TO TRADE BITCOIN I personally think you will be better off trading bitcoins than binary. Bitcoin is risky still if we plan long term in Bitcoin with some risk and check the market surely we will get success from it. Before Bitcoin trade, we must acquire enough knowledge about Bitcoin. If we cannot acquire knowledge about Bitcoin, then we will not get much success through Bitcoin. So in case of Bitcoin, you must have a long-term plan, invest patiently, check the market and surely you will be successful. But I think if you trade patiently long term from binary to bitcoin you will definitely get something good.
According to my experience bitcoin holding is more profitable and less risky as compared to trading and for trading you will be in more stressful situations whereas bitcoin holding is a smooth and less challenging way of earning and enhancing your money. Some people do both but I think very less people would have taken benefit from trading therefore if you can manage both of these at a same time then invest in bitcoin for longer time and also continue binary trading but still I will say that it is more risky so try to use less risky and trustable option rather than choosing more risky and less profitable options.
Do what you are better with.
If you're good with binary trading then why keep on doing that while adding some of your profits on Bitcoin holdings? You're on a Bitcoin forum and the majority of the people here will tell you to buy and hold.
I am not different with those people because holding has been effective to me. I may not be as good as the experts but none is good in holding but each of us who have been holding for so long in corrections and skyrockets.
If you're good with binary trading then why keep on doing that while adding some of your profits on Bitcoin holdings? You're on a Bitcoin forum and the majority of the people here will tell you to buy and hold.
I am not different with those people because holding has been effective to me. I may not be as good as the experts but none is good in holding but each of us who have been holding for so long in corrections and skyrockets.
I think, Binary cannot be traded in any way. Because it is totally risky and like gambling. Since binary trading requires you to predict price movements, you may lose the entire amount you bet. But if you invest in spot trading you may lose some percentage of your assets if the market falls but not completely.
Bitcoin is definitely a good way to hold for the long term. As the block is halving in April very soon, buying and holding Bitcoin now may see a new ATH very soon.
Bitcoin is definitely a good way to hold for the long term. As the block is halving in April very soon, buying and holding Bitcoin now may see a new ATH very soon.
In some cases, Binary trading is worse than gambling. I mean you could predict the outcome of your bet there. If you see the return or RTP, casinos offer 99% RTP while binary trading is the worst. You have opened a $10 position, if you win, you will get only $7 to $9. It depends on the pair you have selected. But, I didn't see any pairs that offer more than 95% returns on win position. I guess we all agreed with this point that buying Bitcoin and holding it for a while is far more better than gambling AKA binary trading. So, it's time for the OP to decide with his research.
I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
To be very honest binary trading is very risky from personal experience I am of the opinion that binary options is more like gambling that why I quit trading binary and switched to trading therefore I advice you to hodl your Bitcoin in secure wallet for a long term perspective definitely you would earn some decent profits, however if some people are making a lot of money from binary thatvis not a yardstick to force yourself into binary options probably they are lucky to earn some money infact I prefer you learn trading while hodling your Bitcoin in a wallet after some period of learning thereafter you can start trading which I believe is more preferable to binary options
Although easy to say, trading is not so easy. If you do not successfully trade a professional businessman you will have to lose your money. You lose your valuable time and labor you spend for business.
Trading means taking risk, whether it is a spot, a future or binary. However spot trading is good binary or future trading. So I'm not saying that the rest of the trading is bad. If you are alert you can get a good amount in a short time otherwise you will lose all your money. Like binary trading gambling. Binary trade should be avoided without high experience.
On the other hand, Bitcoin investment requires a long time, and it is a secure and safe strategy. Long -term, Bitcoin investment is much lower than binary trading. If you have been holding Bitcoin for a long time you may be profitable at the same time. Furthermore, if you have a financial crisis, you can adopt the DCA method.
To the end, we can help you with some advice. What you do depends on your skill and knowledge.
Trading means taking risk, whether it is a spot, a future or binary. However spot trading is good binary or future trading. So I'm not saying that the rest of the trading is bad. If you are alert you can get a good amount in a short time otherwise you will lose all your money. Like binary trading gambling. Binary trade should be avoided without high experience.
On the other hand, Bitcoin investment requires a long time, and it is a secure and safe strategy. Long -term, Bitcoin investment is much lower than binary trading. If you have been holding Bitcoin for a long time you may be profitable at the same time. Furthermore, if you have a financial crisis, you can adopt the DCA method.
To the end, we can help you with some advice. What you do depends on your skill and knowledge.
I think, Binary cannot be traded in any way. Because it is totally risky and like gambling. Since binary trading requires you to predict price movements, you may lose the entire amount you bet. But if you invest in spot trading you may lose some percentage of your assets if the market falls but not completely.
Bitcoin is definitely a good way to hold for the long term. As the block is halving in April very soon, buying and holding Bitcoin now may see a new ATH very soon.
Bitcoin is definitely a good way to hold for the long term. As the block is halving in April very soon, buying and holding Bitcoin now may see a new ATH very soon.
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I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
Both can be done at once and before I give you a suggestion which one is better for whom depends on the person's skill. If you are a complete newbie then I would suggest you to first acquire fundamental knowledge about trading and then if you have a stable income then start investing monthly or weekly from there with a certain amount and which is an affordable percentage with using DCA method for the long-term. I do not suggest binary trading for you because it requires experience and a lot of fundamental and technical knowledge otherwise nothing but loss can be gained from binary trading. And besides, binary trading seems a lot like gambling to me.
I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
why can't you do both? I assume by binary trading you mean with fiat.do you know that you can do binary trading with bitcoin and altcoin too right? you can invest in bitcoin and also do trading at same time. now if the reason of asking this question is lack of funds than that's a different story.
In that case I would suggest you to go with Bitcoin. You can either HOLD or Trade with them if you have experience with trading.
It depends on what you are trying to do, if you want to earn you can trade. If you want to be sure, you could hold.
The best thing you could do is to automatically trade and have a strategy for HODL-ing, Dumping, and just swinging and making sure you profit. I have been doing this using my Gunbot so I'm currently happy with this. Just make sure you don't put all your eggs in one basket.
The best thing you could do is to automatically trade and have a strategy for HODL-ing, Dumping, and just swinging and making sure you profit. I have been doing this using my Gunbot so I'm currently happy with this. Just make sure you don't put all your eggs in one basket.
Replace the word "earn" with the word "gamble". If you want to earn, you shouldn't trade. You should find a job, and earn the money you worked for.
Plus I'm very sure that 90% of posters in the topic, including me, has not/will not "earn" anything consistently from "trading" these volatile markets long term.
Buy the DIP, and HODL.
Maybe you want to make money faster with binary trading but you should know the risk of losing money faster you will have a stressed mindset after failing in binary trading.
I was in a situation where money became essential what else was I going to do. Because in the beginning family promotion and. It is very difficult to cope with the pressure of the family because I am almost done with my studies and now I am mentally broken with nothing left to do. I want to do it because I am not getting any job because I have some capital and I am going to invest the capital in a good place but I am not getting that good platform. For that, I was asking for some help from you who would invest and what would be fairly good, besides, I don't have any other star to earn money but one of my own. I wanted to buy and invest and therefore came to you.However, if you focus on hodling, although it’s safer than binary trading but you will only see possible returns after months or years of hodling, so you have to properly weigh things which path to take. But for better results, you can do hodling and at the same time do binary trading provided that you can cater and manage its different risks. Making money becomes easier if you are able to manage the risks and consequences well.
Investing in Bitcoin is 1000000% much better than Binary, the reason is because Binary is an algorithm and it is not trading, when you put your money on Binary it is the same as gambling your money and you cannot guess where the market will go. Meanwhile, with Bitcoin, you can invest in it and carry out both technical and fundamental analysis of the market. You can determine what strategies you can use to make a profit in the market and what's more, Bitcoin has the potential so that even if you just hold it, you can make a profit in the long term.
Binary trading is a bad one to start with, go for crypto trading it will give you peace of mind, although you still have to learn how to trade very well before you start taking risks, losing money is very easy in trading, the most risky one is futures and leverage, stay away from these two, go for Spot trading as a beginner, it's way better and profits are always lower unless you have a lot to trade with.
Holding Bitcoin is the best for beginners, it's certain that Bitcoin will surge in the near future so holding is more like a waiting game, just wait it out, and mind you, while holding you need to a source to survive with, holding isn't going to give back anything while you with until bitcoin reach a new all time high, so you need to survive.
There is no other way to survive a long term hold than this, find something that keeps your time and look up to the future, don't stare at your crypto wallet all the time, if you are making good money every month or week you can also keep buying BITCoin using DCA method.
Holding Bitcoin is the best for beginners, it's certain that Bitcoin will surge in the near future so holding is more like a waiting game, just wait it out, and mind you, while holding you need to a source to survive with, holding isn't going to give back anything while you with until bitcoin reach a new all time high, so you need to survive.
There is no other way to survive a long term hold than this, find something that keeps your time and look up to the future, don't stare at your crypto wallet all the time, if you are making good money every month or week you can also keep buying BITCoin using DCA method.
Trading Binary is risky. From what you said it shows you must have had basic knowledge in Crypto I will not advice anybody that is not willing to lose to trade binary. If you can bear the risk and you have knowledge then trading will earn you good fortune.
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I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
From my experience, I will tell you to totally avoid Binary trading, this is where I started with my journey into trading and the end wasn't funny on my side, I lost more than a thousand dollars as at then, well though I have not gained the experience I have now, however, I have not tried it lately if it will be now profitable in my end despite me having some friends who are still making money from Binary.Therefore, If you are totally a beginner in the space just rest your case about Binary and Hodl Bitcoin you are better off holding Bitcoin and having a peace of mind.
It depends on what you are trying to do, if you want to earn you can trade. If you want to be sure, you could hold.
The best thing you could do is to automatically trade and have a strategy for HODL-ing, Dumping, and just swinging and making sure you profit. I have been doing this using my Gunbot so I'm currently happy with this. Just make sure you don't put all your eggs in one basket.
The best thing you could do is to automatically trade and have a strategy for HODL-ing, Dumping, and just swinging and making sure you profit. I have been doing this using my Gunbot so I'm currently happy with this. Just make sure you don't put all your eggs in one basket.
I will prefer holding Bitcoin rather than risking it on the binary trade. Binary trading is like gambling where you can lose all of your money. Hence i will prefer safety for my money and for that purpose holding Bitcoin is the key for me. Also, it is better to buy bitcoins in parts and not all at once. Doing DCA is another best way to keep your average buying price down.
I will advice you as a newbie who wants to benefit from bitcoin not to think of trading currently. You should think of investing and hodling your bitcoin got a very long time. It is very easy to invest and hodli, because it is very easy and stress free to hodli than to trade. If you think that you want go into trading to make profit, it is the worst thing to do, because you will end up losing your bitcoin. Think of how you can invest a particular amount into bitcoin weekly or monthly regularly using DCA. This will enable you to increase your bitcoin portfolio with time. It is better to have an investment first than to start thinking of trading, because it is not easy to make profit in trading but easy to run at loss.
Never ever do binary trading, it's just a type of scam and nothing else in my eyes, go with either spot Bitcoin trading or investing. I would suggest you to invest in Bitcoin and hold your investment in a proper way to earn profits in long term.
If you're good at trading and you have patience to see the ups and downs on the market then you may go with spot trading but not at all with binary trading. I used to trade binary options in 2014-2015 and back then I lost a lot of money doing that. That's high risky type of trading and is full of losses.
With binary trading you're just gambling but not the type of gambling you does on casinos but the worst gambling that anyone can do. With casinos at least you can win if your luck is good but in binary trading there's no chance of winning even if you're good at trading or you're lucky. Just avoid it!
If you're good at trading and you have patience to see the ups and downs on the market then you may go with spot trading but not at all with binary trading. I used to trade binary options in 2014-2015 and back then I lost a lot of money doing that. That's high risky type of trading and is full of losses.
With binary trading you're just gambling but not the type of gambling you does on casinos but the worst gambling that anyone can do. With casinos at least you can win if your luck is good but in binary trading there's no chance of winning even if you're good at trading or you're lucky. Just avoid it!
I have been in a dilemma for some time now. Do I invest Bitcoin or I will start binary trade. I could not understand anything. Sometimes I feel like doing binary trade. I think that if I don't lose it, it goes around in my mind. But I did a lot of messing with Bitcoin. And read many websites and articles. After seeing everything and I have been around in the crypto world for a long time. I have experience on Bitcoin because Bitcoin 2022 was priced a lot. But now 2023 he is going to Bitcoin and at the beginning of this 24th and I am growing. For that I ask you for feedback if you give your valuable ideas then what is better for me because I have been in conflict with Aibitcoin and Binary Trade for a long time. But in many places I see that I have people and some they are making a lot of money.
Long term Bitcoin investing is thought to be a safer strategy that reduces stress and hazards. Early investors who bought Bitcoin at lower prices and stuck onto it over time have shown that holding onto it for extended periods of time may be a rewarding approach. These people have made significant gains, demonstrating the possible benefits of a patient investment approach.
Binary trading, on the other hand, necessitates in-depth expertise and steadfast attention, even though it offers regular reward potential. Binary trading is hard for people with busy schedules since it takes time and continual attention to be successful. If it is impossible to set aside enough time for consistent participation in binary trading, going with the more stable route of long-term Bitcoin ownership makes sense.
For those looking for a more laid-back and low-risk approach to cryptocurrency investing, the duration of Bitcoin investments has historically produced outstanding returns. The success stories of those who invested in Bitcoin early on and managed to hang onto their money are proof of the possible profits that may be attained by following a long-term and patient investment plan.
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