The thing is everyone wants to become trader without knowing the key note and important aspect concerning trading, that is why most people easily lose their money at cause of wanting to make huge profits or to double their money will result them to entire lost. Sticking to bitcoin is more advisable maybe they can gradually engage themselves with DCA, with DCA they can be to accumulate whatever amount of bitcoin they wish to than involving in trading and I still encourage holding.
There’s no wrong if you want to trade as long as you have what it takes to be a good trader, but if you are still a beginner who just wish to make quick profits, then let me tell you that trading is not suitable for you. Settle with hodling, the profits are still promising as long as you have the patience and persistency to hold, and the consistency to DCA every time you make a spare money from your source of income.
Topic: Just HODL - page 4. (Read 1127 times)
These past few days are very risky for leverage traders. The volatility has been really high. Huge liquidations must be taking place everywhere. The year came in with Bitcoin's price around $42,500. It shot to almost $46,000 just a day later only to quickly fall down even lower than $42,000 the following day. And then it started to recover well before it once again fell down. And then it went up again above $44,000.
As always, with Bitcoin's volatility, leverage trading is riskier. Hodling is smoother and safer.
Trading with leverage will always be risky most especially for those who are not skilled on it but only rush to trade because of the bigger profits waiting ahead. With that, the bigger the chances that you will only lose your capital than expecting to double or triple the profits. However, hodling can sometimes be the safest option most especially when the market is not favorable to trade or when the market condition become unstable and unpredictable.As always, with Bitcoin's volatility, leverage trading is riskier. Hodling is smoother and safer.
Indeed, HODL is the best way at this time and this is an option where everyone can do it except trading must have skills.
It is better to choose safe than fast profits but the risk of losing is also faster, I prefer to invest because I avoid the risk of losing and this does not want to happen what I do so HODL is the best way of most people.
People have been brainwashed into thinking there's more profits in trading than hodling, they consider hodling to be boring and I have seen people saying trading is a way of making passive income from Bitcoin and people believe them without understanding what passive interest income is.
You’re right. I think people have become accustomed to the idea that Bitcoin can make one rich overnight. That is why the idea of buying bitcoins and hodling for long term does not excite people as much as the possibilities of gaining profits from day trading. They believe Bitcoin to be magic money and want to make multiple gains on their investment in real-time. And if they do not know how to trade, they will look for trading bots or signals to buy. Some may even invest their money in high yield investment scams. 
Hodling is always the best option among the two. And those who bought Bitcoin when the price climbed to $47k these days have loss small but they still have the hope that before this year will end they gain back their profit and that is why hodle is the way. The risk in trading is much more than the investment. Because investment has less risk and in fact if you can hodle for years then you will never lose in investment. Trading is not everyone because not everyone can trade but investment is for all but you have to know that basic knowledge, elements and information of investment.
Having the basic information and knowledge of investment matters would guide you through your time as an investor. The knowledge you gain while preparing to invest is an added advantage to you because that could give you clues on how the market you are about to enter is; otherwise, you would have no idea what you are going in for if you did not have knowledge of it. It is not all about investment, though, and having the details at your fingertips matters as well. So therefore, when trading, you must have knowledge of the market and the current trend as of when you want to enter it.
Long-term investors can be likened to hodlers. They have long-term goals of holding compared to short-term investors, who are likely traders with the daily trading strategy of collecting profit within a short time trade. Since it takes skills to trade, not everyone can withstand the daily trading encounter of losses. In that case what you have said about trading not being for all and investment for all is quite alright.
These past few days are very risky for leverage traders. The volatility has been really high. Huge liquidations must be taking place everywhere. The year came in with Bitcoin's price around $42,500. It shot to almost $46,000 just a day later only to quickly fall down even lower than $42,000 the following day. And then it started to recover well before it once again fell down. And then it went up again above $44,000.
As always, with Bitcoin's volatility, leverage trading is riskier. Hodling is smoother and safer.
Trading with leverage will always be risky most especially for those who are not skilled on it but only rush to trade because of the bigger profits waiting ahead. With that, the bigger the chances that you will only lose your capital than expecting to double or triple the profits. However, hodling can sometimes be the safest option most especially when the market is not favorable to trade or when the market condition become unstable and unpredictable. As always, with Bitcoin's volatility, leverage trading is riskier. Hodling is smoother and safer.
Hodling is always the best option among the two. And those who bought Bitcoin when the price climbed to $47k these days have loss small but they still have the hope that before this year will end they gain back their profit and that is why hodle is the way. The risk in trading is much more than the investment. Because investment has less risk and in fact if you can hodle for years then you will never lose in investment. Trading is not everyone because not everyone can trade but investment is for all but you have to know that basic knowledge, elements and information of investment.
Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.
Well leverage trading isnt for beginner and really pose a potential risk. Ive tried it out before and I like how money heing printed when you gain profits from the trade with huge margin but on the other note, its also scary as youll get liquidated. Ive been in the past for so many times and balancing the win and lose I guess its more incline to the losing side. Better to be a spot trader and jump from tokens to tokens to gain profits than doing that. However, the problem of these beginner traders is that they trade mostly at loss than in profits, hence hodling could be the best option for them as it can still offer them significant profits in the end, and would become even higher profits depending on what kind of coin they are hodling and how long they’ve been hodling before they decide to sell.
We observed the danger of trading with leverage, but many individuals are willing to take the risk for the chance to become wealthy. Everybody dreams of becoming wealthy and the fast upturn in Bitcoin made numerous individuals rush in with the belief of a great opportunity.
The novices of Bitcoin are tempted to FOMO. Little trading knowledge brought these individuals misfortunes instead of wealth. It is alright to get liquidated if the traders understand what they are doing and are using it with little amounts of money. HODL is the most secure with our Bitcoin investments.
Trading has become very easy nowadays compared to before that trading was very complex and not easy to understand. Now exchanges are making trading to be more easier so that investors and new users of their platform can learn fast and understand how to enter trades without much difficulty. Holding is one of the ways we can benefit from the market if we know how to buy a better coin. There are so many coin projects in the market and for we to benefits from the market, we need funds to buy and accumulate some tokens so that we can profit from them has the price of the tokens keep going bullish. The novices of Bitcoin are tempted to FOMO. Little trading knowledge brought these individuals misfortunes instead of wealth. It is alright to get liquidated if the traders understand what they are doing and are using it with little amounts of money. HODL is the most secure with our Bitcoin investments.
Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.
We observed the danger of trading with leverage, but many individuals are willing to take the risk for the chance to become wealthy. Everybody dreams of becoming wealthy and the fast upturn in Bitcoin made numerous individuals rush in with the belief of a great opportunity.
The novices of Bitcoin are tempted to FOMO. Little trading knowledge brought these individuals misfortunes instead of wealth. It is alright to get liquidated if the traders understand what they are doing and are using it with little amounts of money. HODL is the most secure with our Bitcoin investments.
The novices of Bitcoin are tempted to FOMO. Little trading knowledge brought these individuals misfortunes instead of wealth. It is alright to get liquidated if the traders understand what they are doing and are using it with little amounts of money. HODL is the most secure with our Bitcoin investments.
Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.
Well leverage trading isnt for beginner and really pose a potential risk. Ive tried it out before and I like how money heing printed when you gain profits from the trade with huge margin but on the other note, its also scary as youll get liquidated. Ive been in the past for so many times and balancing the win and lose I guess its more incline to the losing side. Better to be a spot trader and jump from tokens to tokens to gain profits than doing that. 
It depends on how much you can risk, there's a lot of people right there who keep holding and making trades, with this market volatility people keep making a trade to gain profit they want to make an immediate profit on it, somehow people don't have a time for making a trade so they make holding but of course, there's a limit on this holding there's a take profit and stop loss too even though it takes weeks, months or years still ideally is to have it to make sure you will not burn your asset again instead you gained because of being greedy you wait again for months or years just to take back your losses. Once you left behind after this halving you might wait again another 3 years just to make the halving and another pump.
It is important to have extensive knowledge about cryptocurrencies and everything that goes into crypto trading before getting directly involved in crypto trading. Trading is closely related to short-term fluctuations, it is important to understand market trends and short-term price trends if you want to make a profit in crypto trading. It is highly recommended to invest money you can afford to lose in trading as the crypto market is very volatile. When trading is not successful, you need to change plans to maintain capital stability. Hold is the best way out to make a profit when the price starts to improve.
Just a heads up, Bitcoin's halving is coming, signaling a potential bull run. Enjoy the ride, but don't get too greedy. Good risk management is key; it's not about going all in recklessly. Be smart, find a solid strategy for this season. For those playing it safe, BTC is a reliable bet. Diversifying your investments is wise, but be cautious with meme coins; they come with risks. If you choose to invest, be aware of the risks and only invest what you're willing to lose. It's about being savvy and ready for potential shifts. Let's navigate this together with caution and wisdom.
Trading is not a good choice for beginners but sadly, many do this believing that they can make it right but the results are disappointing.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
I definitely agree with you and from point of experience, holding is the best option for any begginer trader and until they have gained more knowledge about how things work in the world of crypto, and then they will now graduate into trading. Some people can still profit from trading being a newbie trader if you play by the rules, but the problem is in that there is a high percentage chance that newbie traders in the market will surely be greedy at the start, and thus lose money. Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
Trading is not a good choice for beginners but sadly, many do this believing that they can make it right but the results are disappointing.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
In fact, many old traders quit trading and are now becoming investors and holders because they know and based on their experience it was the best option to take.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
In fact, many old traders quit trading and are now becoming investors and holders because they know and based on their experience it was the best option to take.
The thing is everyone wants to become trader without knowing the key note and important aspect concerning trading, that is why most people easily lose their money at cause of wanting to make huge profits or to double their money will result them to entire lost. Sticking to bitcoin is more advisable maybe they can gradually engage themselves with DCA, with DCA they can be to accumulate whatever amount of bitcoin they wish to than involving in trading and I still encourage holding.
There’s no wrong if you want to trade as long as you have what it takes to be a good trader, but if you are still a beginner who just wish to make quick profits, then let me tell you that trading is not suitable for you. Settle with hodling, the profits are still promising as long as you have the patience and persistency to hold, and the consistency to DCA every time you make a spare money from your source of income.You are correct I don't hold anything about anyone who wants to trade but the problems that before any could finally fund their account they should be able to know their trading capacity, not just by joining today and tomorrow they claims to be expert and why they are not after sometimes they will come back here to start larmenting about their mistake or how much they have lost in trading.
To me if anyone approaches for trading i will say just follow your mind because trading isn't that easily but to me i will prefer you just invest and hodl to save your precious funds and reduces tension from you.
In a different thread - I said futures trading is fine if done with the right strategy. Problems will really arise when very greedy traders want to get rich overnight. They know the risks – but it would be a shame to say they are trying their luck. High leverage is suicidal - but if it's 2x or 3x, it's probably still safe.
I have tested the strategy especially when I have USDT in the account - but still, the risks also need to be considered. Avoid using high leverage in futures trading - it is a correct recommendation so that you do not lose all your money. To get a sense of security without much risk - become a holder and store your bitcoin in a wallet that gives you full custody.
I have tested the strategy especially when I have USDT in the account - but still, the risks also need to be considered. Avoid using high leverage in futures trading - it is a correct recommendation so that you do not lose all your money. To get a sense of security without much risk - become a holder and store your bitcoin in a wallet that gives you full custody.
The thing is everyone wants to become trader without knowing the key note and important aspect concerning trading, that is why most people easily lose their money at cause of wanting to make huge profits or to double their money will result them to entire lost. Sticking to bitcoin is more advisable maybe they can gradually engage themselves with DCA, with DCA they can be to accumulate whatever amount of bitcoin they wish to than involving in trading and I still encourage holding.
There’s no wrong if you want to trade as long as you have what it takes to be a good trader, but if you are still a beginner who just wish to make quick profits, then let me tell you that trading is not suitable for you. Settle with hodling, the profits are still promising as long as you have the patience and persistency to hold, and the consistency to DCA every time you make a spare money from your source of income. 
Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.
I agree more with saying bitcoin than crypto in general because when you say something in general there are far more misunderstandings. Basically, investing in Bitcoin will not cause anyone to suffer losses as long as they know how to invest correctly. Trading is much more difficult to do when one does not understand how and that is why it is better to invest rather than trade. But it comes back to each individual and if both can be done simultaneously it would be much better because it could open two directions to achieve profits.Bitcoin has the strength to survive in the long term and the Hold concept is usually the best choice for people who hold it because if we are able to be patient until Bitcoin reaches the next ATH then the investment value we have from Bitcoin assets will increase.
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