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Topic: Just HODL - page 4. (Read 1368 times)

sr. member
Activity: 1624
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January 15, 2024, 03:10:58 AM
#68
In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.

Of course, there are a lot of losses, especially if market conditions are unstable and the trading pace is very frenetic, such a negative balance is a fairly big risk especially if you set high leverage. Personally, when trading, I prefer to trade spots safely by taking advantage of market conditions, where the more the price moves, the more profit can be made from trading. If the price has not moved significantly, like the title of the OP post above, just HODL our assets and wait for a while. which is appropriate if you really want to execute it.
member
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January 15, 2024, 02:24:18 AM
#67
In hope of high profit, many investors do future trade with high leverage which is very ricky. Sometimes they make a lot of profit and sometimes they lose their money because of liquidation. So I think I agree with your words because those who want to trade if spot  trading then their rick is very less and the chance of losing all their money together is very less unless they see good projects and invest then if they have patience they can come out with profit sometime.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
January 14, 2024, 11:55:43 PM
#66
The best bet now is to HODL even if you are investing in altcoin find some trusted ones and HODL while if you reduce risk entirely just stick with bitcoin since we have seen alot of altcoins which fail to meet expectations.
So, what are the trusted altcoins to hodl? The top 10 on the list? I don't think so. We've seen top listed coins dump to no return. The only people I can encourage to hodl altcoins will be those who realize the massive risk in hodling altcoin and monitoring all their social media handles so as to be in the know when any FUD comes up. Otherwise, inexperienced folks should steer clear of ALTs investment and hodl only Bitcoin. To state is clearly, hodl Bitcoin at this period. The dynamics might change after 2025 and it won't be favourable to even hodl Bitcoin then, who knows.

Don't be deceived, not all altcoins will rally up even with Bitcoin halving. Most of the altcoins will dump. So, let no one make you believe that every shit token will have a strong showing once the bull rally starts.

Quote
Even if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.
Risk is risk. Everybody should know that. Spot trading won't give the type of ROI Futures will give you and I believe that's why traders choose the other. Everyone to their risk level.
hero member
Activity: 1428
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Leading Crypto Sports Betting & Casino Platform
January 14, 2024, 05:30:28 AM
#65
~snip~
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.
Not everyone has that patience to actually HODL and that's why they always see trading as a quick option to double their sats and the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.

Trading is good if you know what you are doing there not just to go there to start losing money because some people always have this mindsets that once they began trading they will start doubling their money, however it's also good to taste the other side of cryptocurrency because with a complete knowledge they can be able to guide someone how to go about with their crypto journey because most people that doesn't know how to trade do not know how risky is the market less until they began to learn know what it takes to be called a trader. Holding is simple, what they needed is just a reliable trusted wallet to store in their investment.
full member
Activity: 1358
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January 13, 2024, 11:33:53 PM
#64
Quote from: DeathAngel
Currently the best thing to do is HODL. Obviously there is no point dying with your coins unspent but for now it is time to HODL. We are entering a period in Bitcoin specifically where it would be silly to start selling now. We have lots of very bullish events very close. Next week could be specifically bullish due to potentially ground breaking regulatory approvals. Don’t sell any for at least 18 months, the price will be much higher then.
If you can hodl in this period that is making the market price not to be stable for long term hodlers and short term hodlers than to continue hodling their coins till the right time to sell come before they can visit the market to take profits.

 Based on the condition the market is right now, it show that bull run is no longer far from the market, maybe the bull run will surely occur before the end of this month so that those that invested in the past will use the opportunity to earn from their investment.
full member
Activity: 476
Merit: 141
January 13, 2024, 11:26:57 PM
#63
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.
This may be a good time to buy bitcoins before bitcoin halving because after bitcoin halving the market will definitely go to a good place i.e. there will be a possibility of pumping. But if you can't invest and hold bitcoins, you can't expect good profits. If the holding is timed and I can sell that holding in a potentially pumping market, there is definitely a potential profit potential. So holding Bitcoin and investing at the right time is a very important issue.
member
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January 13, 2024, 11:00:21 PM
#62
the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.
Exactly, this traders do not just make it look simple but make it sound like if you're not trading then you're not doing anything right. not just the traders even social media influencers make trading sound so attractive that most newbies only thing of trading even with good knowledge of the market and how it works.

They show off the luxurious lifestyle that makes beginners wish to be like them that have taken a 1000 step on it and a newbie with almost zero knowledge wants to trade and make same profit like the role models.

What this people show to the public is absolutely different from what really happens in the real trading.
hero member
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January 13, 2024, 05:32:27 PM
#61
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.
Not everyone has that patience to actually HODL and that's why they always see trading as a quick option to double their sats and the worse thing is that people who trade actually make it look simple as if it's an easy thing and this is what influences the newbie to see trading as some kind of luck game in which you can play and get lucky to be successful but trading is a totally different game because you will have to learn and be atleast a pro  before ever thinking of making profits on a steady out of trading.
sr. member
Activity: 294
Merit: 433
HODL - BTC
January 13, 2024, 05:06:51 PM
#60
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.
Moreover, trading with high leverage is a big risk waiting for him, well when you take a long when the price of bitcoin actually sort then this will be a big loss especially with high leverage, how big losses will occur but I myself always avoid trading using leverage.

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.
hero member
Activity: 1148
Merit: 555
January 13, 2024, 04:52:06 PM
#59
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.
sr. member
Activity: 728
Merit: 421
January 13, 2024, 04:02:13 PM
#58
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.
hero member
Activity: 2940
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Winding down.
January 13, 2024, 03:54:01 PM
#57
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.
legendary
Activity: 1022
Merit: 1341
January 13, 2024, 02:42:29 PM
#56
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.
hero member
Activity: 2856
Merit: 674
January 13, 2024, 12:56:56 PM
#55
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.
While leverage trading puts you at a bigger risk than hodling, still beginner traders take on suicidal to trade with leverage as it can give them quick and high profits once they end up with successful trades.

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.
hero member
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January 13, 2024, 09:54:15 AM
#54
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.
full member
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January 13, 2024, 08:53:06 AM
#53

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.
Bitcoin is very easy only if only investors gets to understand it,  hodling Bitcoin is just the only way to easily make profit, what is just required in hodling is patience.  The reason why trading seems very difficult for some people is because they want to make money from trading very fast which , which they have decided not to take their time to learn about trading . The quick to get money mindset has really deprive people from making profit because they lack patience.
sr. member
Activity: 1400
Merit: 273
January 13, 2024, 08:25:08 AM
#52
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.
legendary
Activity: 2254
Merit: 1377
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January 13, 2024, 05:45:42 AM
#51
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.
legendary
Activity: 1708
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January 13, 2024, 05:02:23 AM
#50
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.
hero member
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January 12, 2024, 10:03:19 PM
#49
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.
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