Topic: Newbie: If trading isn't working for you, buy and hold. (Read 522 times)

You are very right mate.Holding has no disadvantage,but because most atimes,we are too eager to make quick money from trading,it will make us feel like holding is a waste of time,but it is not,it is  good to try your luck trading and expecting nothing in return,but it is better to hold because there are no risks involved in holding,the only thing you need to put in consideration is that you must exercise patience while holding.It takes time,but it is good.So many person's have tried trading and it doesn't just seem to work for them,I am also included,because I have tried several times trying to trade so I can get quick money,but the more I try,the more I loose,but now,I have quit trading,and have switched to holding.

This is what half majority of traders don't understand, there is money to be made in trading but when you check traders, only few of them make money from it, I laughed when I see them showing the profits they make from trading futures and perpetual contract because the only thing they show is percentage and the % could be that of $10 or $20, chasing big profit with small capital is total waste of time. Instead of chasing quick profits from different that will have them lioquidate, it is better to invest and hold, there is no harm in holding coin in a wallet, there has never been a better option in crypto than been a holder.

Trading can be very complicated for newbies and it's not something to be on the rush about, it takes a lot of effort to learn a good working trading strategy, since this is not something you can get over within a month you can just buy and hold Bitcoin, then continue to learn more about trading, you will only need to reduce your loss when trying to trade, the reason why people quit trading easily is because they use a large sum of money to trade, there is no way you will trade and not lose money because the market can be manipulated and the unexpected can also happen.

Trade with what you can afford to lose, if you aren't ready to lose any then invest in Bitcoin and hold, Trading is a short-term means of making money, while holding Bitcoin is a long-term game.

I always often said this way to my friend and family after they are interested to buy Bitcoin. Some of them follow what I said, but some of them still worry because don't know about trading lessons and experience. I think this is a big problem at the moment, some of them still have think how to be rich with instant, simsalabim abracadabra, then they are to be rich after buying bitcoin yesterday.

Many people think that Bitcoin can make you rich in one night. maybe because many influencers always said that.

But the problem is finding the right moment is not easy and not many can get it. Some people make decisions too fast or too slow because they are provoked by the conditions that occur in the market.

The analysis is something they have to have to find the right moment, but it takes practice and time, so they have to be patient until they have good analytical skills.

Buy and Hold is a strategy that many people are used to, especially if they are stuck at a high price so they are forced to hold on for a while. But it is highly recommended that beginners learn to control themselves against market conditions so they don't panic.

Maybe if OP buy and sell at the right moment it works.
Buy when the price is cheap and sell when the price is expensive.
It's not that easy for writers. It takes time and precise analysis. The author will not know when the exact moment will happen if only buy and hold. Maybe they will just waste time waiting for the price to return, but not all coin options can come back. It's not as easy as what the author and I agree with you, there are many influencing factors.

OP, Whenever a person starts a journey he sets predetermined goals and starts covering the way to achieve them, When it comes to trading I think it is not that simple here a person who wants to get started needs to learn first, then another process step by step. I started a series a week ago and posted 3 of them and the next one is coming soon. It might help the trading newcomers to learn the basics and gain the basic domain knowledge of the crypto trading market.

Buy & Hold is a good strategy but it won't work in the bear market because no one who is new is able to be such patient to wait for only recovering loss in 3 to 4  months and then for profits quite a similar time.

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1. New to Trading - Tips and Suggestions (V1) Getting Started Full Guide
2. CEXs vs DEXs & Spot vs Future - Tips and Suggestions (V2)
3. Analysis & its Types - Importance of Analysis in Trading (V3)


Firstly I was trying to cover all the primary topics in 3 to 4 threads but then I realized it's quite not possible so it might take 2 to 3 more threads.

This advice is exactly very wise if we are not able to trade, don't force too much. It is better to hold Bitcoin during certain periods. So, we can earn profits without any high pressure from daily trading situation. This is a normal condition actually if someone is expecting to earn money from the profits of trading. But, they may forget much about the risks of trading for beginners. This is not only about the money and the risk of losing money, but this is also about the psychology, emotion pressure, and other influences and effects of trading.
However, if we are ready enough and able to do that just go on with wise decision.

I have no doubt in that, since buying and hodling is profitable enough. But still, it’s never free from risk so you have to be very patient and be strong enough not to fall from any pressures that would lead you to sell. However with trading, I know it’s more profitable than hodling alone, but I believe if you can be good in hodling too, your profits will be as huge as trading too.

It obviously is a better option to buy and hold than to trade if you are not up to the level where you can easily manage the trades with all the risks and stuff. Not everyone can manage the risks of trading and it isn't as easy as it may sound. People always hear stories or see others getting profit from trading and think that they can achieve the same but it doesn't necessarily have to be that way.

So those who can't keep up with their trades and are losing money, especially newbies, should probably stick with the buy-and-hold technique and only practice being patient when the market isn't performing well and don't become panic sellers.

Not every newbie has the notion that they must trade or be an expert trader to profit from bitcoin. Most of the newbies I've met and known thus far only want to hold onto their bitcoin investments for a very long period in the hopes of making money in the end. They don't ask me about the process of trading on Bitcoin. Their entire focus is on making smart investments with the money they can afford to lose.

I want to know if I've been meeting the wrong newbies who aren't interested in getting into bitcoin trading (lols). Even if I ran into them, I wouldn't suggest they start trading bitcoins because of the potential losses.

This means that they must be prepared to become a reliable trader because if it is felt that they are still beginners, it will be increasingly difficult for them to profit from trading because of all that it takes skill and strong analysis to choose which coin to trade, but once again trading or holding it is a choice or running both it doesn't matter if they can afford it.

Sometimes a beginner won't all succeed, they have to learn a lot from that failure, especially if they don't improve what is needed while being a holder is very simple, you just need to buy and hold it and they also have to have patience and don't be greedy at our core. we have to be ready for everything, we can determine how many years we will hold it and we can do it the DCA way when they have money they can invest in that way.

Once again it becomes a choice.

And the truth OP is that we don't need to be skillful in trading before succeeding because it is not all about that, it also matters on our mindset and the way we treat trading as another source of income. If notice that it never works and only gives us losses, never have a reason to pursue it but rather take another option - just being an investor.

We can't bring all the things to our hands and yes, we know that trading is not meant for everyone. Why not make ourselves easy and just do buy, hold, and sell - it was indeed profitable as well.

They can only relate it because they bought it at around 17k or 19k. But if they bought it at around 28k, they can't really relate. What do people think who bought at 17k? I think they have the same thinking with people who bought around 28k. Why? It's because they don't have knowledge how to trade. If you really know how to trade with more confluences, the probability of winning are getting higher.
Imagine: People who knows how to trade, can trade with lower time frames, how much more in higher time frame. That's why when you're just investing, trading skill is still necessary.

I can relate to what you're saying here because I experienced this before. I started in crypto as a trader because I think it's profitable activity that can give me huge earnings. So I tried to be a day trader and see if I can manage to earn through this, but it's not what I expected it to be. Because at that time I have a day job and it's hard for me to manage my time and monitor the market frequently, it gave me headache and stress.

The reason why I decided to be a hodler and this suited me most. Less stress and worries because I dont have to spend time to monitor the market often since I have set target price on when to take profit. Well, just try first what could be the one who might work for you. Because trading is profitable as well but it needs your time in order to not missed the right timing to buy/sell.

I don't think waiting for few years is really hard to do except you're don't have any jobs, you don't have anything to do and you buy Bitcoin with money you need to use for less than a year. Don't spend to much money to buy Bitcoin if you have a lot expenses and spending, just use amount that you think you will not use it.

Trading isn't the only way to make money, investing in knowledge and learn a new thing are more important because you don't need to sacrifice your money.

There are many opportunities in the crypto environment. you do not need to trade because other people are trading, you can still make profit from cryptocurrency by investing. Trading is not as glamorous as many people think, without proper knowledge and strategy you can lose all the money you have in an hour's trade. If you are not comfortable enough financially to accommodate the tendency of loss that you can make, please do not trade.

Instead of being a good trader you can be a good holder. I like this when you said it but being a trader, I think losing money can be serve as a lesson to everyone, anyone can be a good trader, they need some research to know how to trade and developing your skills and also determination to succeed. Being a trader never run away from risk because it's part of being a trader. It means every trade that the newbie do, there's a possible risk that can lose everyone's money. Because of this, the newbie must know the relationship of risk and profit.


The beginners are being a bitcoin trader because they think it's a instant income, they didn't know that that is a long term. They buying bitcoin like $10-50 and they're hoping that they will have an instant profit since the bitcoin is aroung 28000. Every newbie have different goal to their life, they're pushing their money in bitcoin that has a lack of money.

But the best one is trading though buying and hodling is also good but trading make more profit if you can really trade. Trading fetch money every day while buying and hodling bitcoin s for a long period of time so of the person can trade let him engaged in it and leave the investors to do their job. In this space not everyone have the patient to wait for that long period.

but not all can trade well, even though they have been trading for a long time and have learned quite a lot of techniques. some people just have better luck at investing, and some of them just have better luck at trading. and there may be successful in both.
I'm not very good at trading, so I choose to focus more on my Bitcoin investment. the problem of the ability to hold assets, for the first thing the most important thing is to get a profit. no need to wait for ATH if you feel you can't hold it for too long.

if a beginner wants to make long-term investments, then a buy and hold strategy can be a good choice. However, if you want to try to take advantage of short-term price movements, then trading can be a good option. It is important to reset yourself first. If you don't understand this issue, you need to buy and hold it, it is the best choice for beginners.

However, it is also important to remember that sometimes beginners often forget that trading is very risky, and the strategy chosen must be adjusted to one's own abilities. Don't do it if you have no short term trading knowledge.

that's true, but most beginners then consistently learned and became good, but in the present it seems most newbies are unnecessarily impatient and in a lot of rush to make quick profits.

Not everybody has patience to hold,that is why so many person's see trading as the fastest among the two.Trading gives quick money when it is strategically done well.Most traders who are used to trading will find it difficult to hold, considering the longer period of time holding takes to yield result.Nevertheless,holding is seen and recognised as the safest among the two,there are no much risk involved,the only thing one has to do in holding is to exercise patience.Make research about a certain project and invest in it,holding it till the gain comes out big,and immediately sell it when you are supposed to sell to avoid had i known.Being greedy is not the best in this,sell when necessary.

The problem is that professional traders rarely win in crypto. The strategies they use when trading stocks don't work well with highly volatile and manipulated assets like bitcoin.

You don't have to look far to see what happened a few days ago. Bitcoin dipped almost 1000 dollars because someone spread fake news about Interpol arresting CZ from Binance. If you had a levered long position you lost money on that day even though it was all FUD.

For this reason alone I don't recommend people to trade any crypto unless they do swing trades with no leverage and are ready to lose money.

If you want to trade, invest 80% of your capital into bitcoin and keep it offline and trade the other 20%, see how you do. If you keep making profit, add to the amount, go to 50% traded coins, but whatever you do, hold some bitcoin in self custody.

This is pretty much my experience when it comes to trading and from that experience, I would just conclude that it is perfectly fine to not be able to trade. It is not meant for everybody. It still can be learned like using Bollinger Band and RSI, but the whole experience is going to be horrible.

If you do not have the time to day trade, don't force yourself. You're going to be mentally exhausted af and this is what I exactly experienced.

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I believe 1miau has a similar thread like this and it has a pretty nice illustration.
Edit: It's this thread - Trade vs. HODL - avoid traps

yeah that's right. and the cause of all the actions taken by these beginners is because they do not have mature readiness either in knowledge or mentality. so that every decision taken by them always tends to follow their emotions and not based on in-depth analysis. so that beginners still have to prioritize adding insight and experience. maybe they can try and learn by a small margin. and if they can become consistent enough to make profits on small margins. then they can gradually increase their capital in trade. and actually almost everyone has been in the beginner phase. and those who don't give up and keep learning are the ones who are currently surviving and have a good advantage.

I agree to this, because some newbies without strong faith in their investments are well undecisive because of price volatility and market manipulation. Holding might be looked at as "what's there; it doesn't take a great deal to hold", but I bet it is. For example, if someone bought Bitcoin at $16,000, but coincidentally after buying within just two days, the price dropped to $8,000, they may feel tempted to cancel out, or if the reverse is the case, after buying at $16,000 and within 48 hours it has already pumped to $28,000 or $40k, I guess they will feel tempted to sell as well. but though, crypto trading is more risky for newbies than holding.

Trading or investing all have the same profit goal, but each person will have a different taste and purpose. You can't make a profit in trading, but that doesn't mean others won't profit from it either.

If you fail at trading because you can't afford to make money from it, you're not suitable for it, or you haven't tried your best...you should find another method that works for you. I also don't often trade because I'm not very good, but I also don't object to people trading because there are also many people who trade very well and make a lot of money.

everyone has different experiences and understandings about buying and selling or traders, but in essence it is nothing but making a profit. which makes many beginners experience losses, it is due to lack of knowledge and lack of experience. and if someone who invests in bitcoin can't trade everything, then where should the bitcoin that is bought go. You don't get me wrong, whether you invest in the long or short term, in the end you will end up selling. So if you say people who have bitcoin don't all become traders, in my opinion it's not quite right, because even logically if you invest in bitcoin, everyone automatically becomes a buyer and eventually becomes a trader.

That's basically it, buy, hold, and sell.
but I don't think it's that easy to do, especially for beginners, the mentality hasn't been tested strong, the experience isn't there yet, plus the knowledge is still a little, it will definitely make it difficult for the beginners.

let alone beginners, experienced ones also often lose in mental wars. because seeing the market go down, for some beginners, many are worried, worried and afraid, and in the end many sell at these falling prices, because the fear is caused by the thought of fear that it will go down even more.

plus slanted news and so on, it will definitely be very mentally draining.

Actually, for a beginner, it's not just being a reliable trader that is difficult to realize. but being a hodler is also very difficult for beginners to realize. because they don't have a strong mentality either as traders or as holder.

The advice I can convey to beginners is if you experience more losses in your trading activities. then all you have to do is learn more before deciding to continue trading. because most of those who fail in trading are not those who are unreliable in technical analysis. but most of those who lose in trading are those who are bad at doing fundamental and sentimental analysis. they are bad at controlling the Greed and fear that always accompanies their trading activities.

so essentially beginners need to learn more. because being a hodler is also not as easy as one might imagine. because to become a hodler we certainly need a belief that the coins we hold will really bring profit if we hold them longer. and to bring up this belief in us then we need to recognize the object in question (bitcoin). learn more about bitcoin until you know and believe that Bitcoin will indeed bring you more profit in the future if you hold it in the longer term.

the point is to enter everything after we know about something. get to know and just enter. that way the beginner's mentality will wake itself up to be stronger because he has done in-depth research that has convinced himself that holding it is better. and of course with money that is also ready if you have to be faced with existing risks.

You are right, However in theory traders trade in two types there are those who play spot and those who trade futures so I can't judge them as beginners here as the skill set traders have in spot trading will be quite different by the time they try futures feature. I see hundreds of dollars subject to liquidation which they are not beginners in this case.

But what you said is quite true if a beginner buys btc on spot trading in price $35k and the btc price drops suddenly they don't need to panic to sell because they can have to hold on until the price actually goes back up past the entry he made.

Ehhh, why should I go trade 'em coins as a newbie?? I'll say, any newbie that hurries to trade coins without following due process is either too greedy and ambitious, or NOT a newbie at all....Cus how the heck Y'all got to Know that 'em coins could be traded, but you don't know that it's even more risky to do so?? You don't know the intricacies of going beyond a starter-point or, running faster than your shadow??
These goes to everyone that's in a haste to trade; it's usually the higher you trade, the higher you lose..the ain't two ways about it. HODLing is safer!!

Sandra 🧑‍🦰

Actually everyone have different sense of reasoning, what I believe in bitcoin is that you most know the possible implications that leads to the advantages and disadvantages before you can as well conclude on the things that you do in bitcoin, a day trading can not give you profits as expected, therefore I believe that you have to create your means to earn in bitcoin. But many people think that you most trade in bitcoin before you might make profit began to earn in bitcoin, while in my perspective I think that investment such as long term investment should be the major factor while in bitcoin you can make profit.

Basically, being a trader or investor/holder is a choice, it depends on our own condition and capability. Sometimes, someone is having very excellent investment prospects, but is low in trading activities. Basically, trading is something very risky, moreover, for those who don't have good capability to manage themselves for trading, this is risky enough, like gambling if we don't have any understanding.

That is why I agree with you. Just be yourself, not forced to look like other people who are successful in trading. If we are still not able to do trading, at least we can buy Bitcoin or top altcoins for holding, whether for the long term or the short term. So, we can manage the risk wisely and carefully.

It's a very hard thing to do, to have a honey pot in sight and somehow, you choose not go deep your finger for a little taste of honey. It's the drive for most all along and it blinds you from the underlying risk. Be rest assured, the bigger the risk, the more the profit and vice versa. Trading is the honey pot in cryptocurrency as in few minutes, you can double your portfolio or even triple it if you know what your doing but, with that amplifying power to your trades comes the loses as well when you make a wrong trade. Bad enough, it's often about those taking wrong trades and making loses.

Hodling definitely is a matter of patience and have a plan about where you could say its okay to take profit or continue to add to your portfolio.

Trading is difficult. Buy and hold is a better option for newcomers to bitcoin investing. However, there are a lot of individuals motivated by greed. They rush into bitcoin for the money. They are tempted by the rapid growth of bitcoin since its creation. They do not want to be late and start their trading with haste without trading education. They are impatient in some cases because, in their minds, they do not have enough capital to just hold bitcoin. Trading is their solution to their desire for rapid wealth accumulation. They would not learn until they run out of their capital. Some individuals do not learn well and will go back for more.

The issue with beginners is that they are constantly looking to become bitcoin traders, which I believe isn't the greatest route as holding is the best course for us in bitcoin rather than trading.

The majority of newcomers to bitcoin trading are inspired by seeing friends and family members succeed in the market. And they believe it to be something simple to accomplish;lack knowledge of how it operates, among other things. And for that reason, people lose when they consistently plan to trade bitcoin.

Another consideration is that beginners sometimes trade bitcoin since they lack the funds to purchase and hold it. It is therefore preferable for them to do so in order to earn minor profits that will enable them to continue trading.

I tend to recommend buy and hold for anyone expecting returns in the long term. But if they expect short term profits then trading is the solution. The important thing in this situation is, what is the reason they are not getting any returns from trading activity, it should be analyzed so they can recognize the problem instead of changing plans as soon as possible.

I agree that buying and holding is the most effective way for those of you who don't want to linger monitoring and monitoring price movements. It will also prevent them from getting headaches due to price volatility and unrealized profits. But if they still want short term returns I think they should review their trading strategy and find out where they went wrong.

You can say that the end point of it all is making profit but you have refused to acknowledge the magnitude of the prophet that would be made both in holding and in trading.
Another thing you need to consider is how fast does one need this profit? A day trader may turnout  more than $1000 a day, but for a long time investor to return such amount of money, he needs to be patient for some months or likely years.

Another aspect you need to understand is the aspect of capital. Some people do not have large capitals. So they do day-trading to accumulate their portfolio. So if such capital is invested in long-term holding, it could amount to futility in the end of the whole process because the profits might not worth the wait.

Trying is important to make it easier to know something because by continuing to try and do it with full confidence within themselves, of course they will gain experience and knowledge in the future. Apart from that, everyone also does not have specific rights to prohibit other people from doing something, including trading, although maybe a newbie is in need of advice on things that are more unique. But banning it is not a better solution because he will not gain more knowledge without trying to implement it.

Loss is part of the risk and it can also be an experience for newbies who are learning and trying it. Even though it looks like it hurts to have suffered a loss, it can also be a lesson for him when he has more money to try trading when he is better prepared than before. The point is never give up just because you have lost once, but keep trading continuously by applying some of the strategies that have been studied before even though buying and holding them is also not bad for a newbie.

Yes, losing in trading is something that many people often encounter, especially Newbies. And to be honest you two have brought a very interesting discussion here so Newbies can also take the gist of what you are saying. Because Newbies also need to know their own abilities apart from the limitations of other things.

Trading is risky,as a newbie, you need to study the market first before jumping into trading. Since you are a beginner,you will not make profit immediately, you have to make losses first. This will enable you learn from your mistake to become a good trader. Trading is not for everyone and if you are the type that is having losses all the time,this means that you need to stop and study more before trying again. There is a say that practice makes one perfect,if you don't get it at all,it is better that you quit trading if not you will end up been broke. Holding for long is the easiest way to make profit from your investment but people are just in a rush to get rich quick.

Buy and hold does sound like a simple and easy to implement trading strategy. However, in reality, this strategy requires great persistence and patience. A buy and hold strategy requires the trader to buy bitcoins and hold those bitcoins for a long period of time, usually for months or even years. The goal is to avoid short-term market fluctuations and allow the asset to grow over time.

However, this strategy requires persistence as the trader must be able to resist the temptation to sell bitcoins at times when the market experiences short-term fluctuations or significant price drops. And this is where many beginners always lose if they don't resist the temptation.
In conclusion, while the buy and hold strategy sounds easy, it requires persistence, patience and careful research in its execution.

I think it's the opposite, those that I've talked to personally were all just newbies and one thing in common that they believe. And that's just to buy bitcoin and they all gonna be rich. That's the contrary of what you've said about someone has to trade and be profitable in trading bitcoin.

I guess most of us has got that story when someone thinks that having bitcoin is already enough and holding it is the best strategy. That isn't wrong and that's actually what most of us are doing, these newbies weren't also wrong but they lack patience and being profitable by just holding and buying it are all correct.

But to understand of by buying and holding, we're not free from the risk.

Because if you invest in bitcoin and as you said, whoever bought it at the beginning of this year will have already received a profit, but if I bought 0.1 bitcoin, then I will always have 0.1 bitcoin in my wallet, and trading will give me the opportunity to increase the quantity of my satoshi.

I think there is no problem or lacking of skills of a new trader, there is one specific behavior that is why trading is not working for a person that is patience, as a newbie we always to tend be in a hurry every time we see our friends getting ahead of us , we always thought " Oh I'm making a mistake, what am i doing wrong, I had to copy what he is doing", I have been there and i did loss patience, and realize it after all of my holdings sky rocket after i sold it, since my friends are making good profit, while my funds are in a coin that never moves its price, Patience is the number one you need when trading, we always have our turn to shine, so we must stick to our plans.

trading isn't for everyone so are the OGs that believed in BTC since the beginning. now they are enjoying. this still works for altcoins that can potentially moon. the longer you hold the better but selling in the ATH makes you profit more which you will still need to trade like selling during the bull run.

If we talk about a beginner who immediately dives into trading at the first stages of his journey into cryptocurrencies, then his second quality can be called greed. Life teaches such people other lessons. They lose, and if they don't learn from their first mistakes, they lose again.
Other beginners learn from the mistakes of the first, holding bitcoin and making a profit from it, as well as delving into all the intricacies of the risks that may await them. Such people can be successful. The most important indicator is time. There is a time to learn, a time to wait, and a time to reap the rewards of your patience. A good trader is a good psychologist, but it is a pity for those who consider themselves too confident.

Buy and hold sounds easy but it is not easy in reality. If it is actually easy, many people are millionaires or billionaires by buying and holding Bitcoin in the past since 2009 or even since 2017.

Life is not easy to buy and hold and if you don't have belief in Bitcoin, don't have good capital management, you can't hold.

Hmm, I see "hold patiently" in your statement. Exactly—that's the key. Meanwhile, it's not easy to be patient in the crypto world since the pace is so fast. While patient people probably could be successful with this advice, many people jumped into the crypto world because they were attracted to the temptation of getting rich in one night. Besides, only those who aren't greedy could actually be satisfied with the profit they get (even if it's small); for those who are greedy, they want the biggest profit in the shortest time, which is sometimes unrealistic (although possible). If people want to get big profits from bitcoin, they need to hold it probably for 4 years (based on the history of the bitcoin halving that will bring us to the new bitcoin ATH).

I would formulate it the other way around: if you are a newbie, just buy and hold. It's the safest way to make money without headaches. Just try to trade after getting a lot of information, and even then think that 95% of traders lose money.

You have to think that trading is promoted a lot in advertising because it is what gives money to the houses in commissions. But what gives them commissions does not coincide with what is good for you.

 Indeed, there's no need to rush yourself in trading. You can be a holder as much as you want, and make good profits from it. However, if you can be a good holder and a good trader, then why not? Its undeniable that if you do well both in hodling and trading, you will earn tons of money which will be a life changing for you. That will be a great advantage on your part. Do not worry if you lose because it's certainly part of a training. As long as you aim to grow as a trader, losses should never upset you. Instead, it will mold you to be a better trader.

I found trading bitcoin is risky and it also puts extra pressure. Trading doesn't turn out well for everyone, you will have to put so much time into learning and practicing. Though traditional analysis and other technical analysis have not worked most of the time.

On the other hand, Investing is more risk-less and profitable too, obviously, you need to hold your bitcoin for a long time to see more profit of your investment.

Many newcomers have this orientation, and the main reason for them to jump into trading right away is that they believe cryptocurrency is a place for them to make it in a very short period of time, and this is why they continue to look for various trading signals and strategies just to make it on time so that people can see what they have made in a short time range, which is very wrong as a beginner in cryptocurrency.

Most times, they have the feeling that Holding is a waste of time, so why should they waste their time waiting for a long time before they can gain some profit when they can use their so-called trading strategies and techniques to make it in a short period of the?

This mentality of trading using different signals and strategies will remain with newbies until they lose so much money before they can realize that Buying Bitcoin and Holding it for a long time is far better than trading for them as beginners pending till when they have adequate knowledge about Bitcoin and Trading in general.

No one has taught us that we should be greedy and make fast profits in trading. In fact, if you do trading hurriedly and with no caution, you will only end up losing your trades and waste your money. So it’s better to just take your time, wait until the market is perfect to trade, and just slowly earn gradual but growing numbers in time. If you lose, then try it again when you are ready again. But if you are in consistent losses, maybe you’re not really good enough to become a trader, just settle with hodling for the mean time and just return into trading when you think you are skillful enough.

Well... The fact that newbies has little or no experience doesn't mean that they should stop trading. Sometimes, they need to test the waters to see how it works. They might get burnt, register some losses and can also learn from your experience and become a professional trader.

Ask the best traders, it wasn't rosy from the beginning. My point is, normalise the fact that losing in a trade is something you will mostly come across as a beginner, it shouldn't be frowned upon or discouraged entirely. Besides as a beginner, you should know your limits.

Not in most cases, cause you might end up having no fingers anymore as they have burnt to ashes before you know it. More so it's better to have a slow but gradual growing figures in your account than having a blown one.  Mind you, you can only try again when you have money in the account and not with a blown up account as trades are not executed on empty account except you wanna go back to demo trading.

Literally, trading isn't meant for everyone to get involved, This is why it's good to first of all be able to identify which area is suitable for you in this crypto space and to focus your attention, either on trading or holding of Bitcoin, while there are some people that are good in both, they get involved with trading, while also HODL.

 So for me I find both interesting and I'm fully involved with the two, beacuse I have studied, understand and can navigate both trading and Holding profitably, And what I did is basically have to allocate about 70% of my portfolio for HODLing, while I use the rest 30% for day trading activities.

Well, you can actually make a good profit from buying and hodling, as long as you’re patient enough to hold for longer months and years. However, if you can also exert more effort to learn and develop skills in trading, then why not? After all, trading is way more profitable than hodling alone, and you can expect huge income if you are good at it. But as they always said, not everyone is capable to trade. Some are just good at the start, but they eventually end up quitting and just settle on hodling alone.

Newbies always have different motivations when they start their crypto journey, although some are aware they could just be holders. Due to the idea that a lot of the short-term profit made in crypto is from day trading, that's why they chose crypto trading. It's not bad for a newbie to learn trading; at first, they will lose money because not all trades will be successful, but as a newbie, it's wise to always learn a good strategy and become more familiar with using the strategy if it's profitable. Some newbies can still become good at trading if they learn so well and also how to handle their financial management in the crypto market. The thing that challenges most newbies, however, is that they sometimes view trading as a game or gambling.

I won't entirely ask them to stop trading, sometimes having your fingers burnt is also a good way of learning, trading has to do with experience, and you cannot get that experience without getting some losses. The best traders will always advise you to try again and even after blowing up your account.

There are lots of gains in trading, you just have to keep on keeping on with the best trading skills you can come up with.
So letting them know that getting losses is not entirely a bad thing, it's actually part of the process of learning
.

Some people even become addicted and they suffer more losses. Trading take their time, energy, money and probably give them bad health condition. Trading can take than give if someone is not a good trader. And most people are not good traders, only few people are good to the extent that they use trading to make money.

That is true, not everyone can become a good trader. It is better for some people to change to swing trading because scalping and day trading are rinker, just like gambling. With swing trading, a trader can be patient enough to let the market fall before trading. Or better still to go for holding. Holders are not losing like traders.


I have always advice people that if they want to trade and they are beginners, they should first use less than the amount of money that they can afford to lose. Something like $10 in each trade is good to begin trading.

If they are making money, then they can use the amount of money they can afford to lose to trade.

If they keep on losing, they should change to swing trading, they are still traders but just like short term holding.

If they are still not getting it, they should wait when the market will fall and hold at low price.

For some people the end is not just making profit but making large profits and holding alone doesn’t seems to quench there thirst for it. From your example someone that has actually bought $1K worth of bitcoin at 17k in January will have gain more than $600 profit now at current price of $28k, which is not a bad profit. But some traders actually gain, some gain at least 10% of that amount every week and that has worked for them.

Many people came into bitcoin with the narrative of getting rich quick and holding doesn’t guarantee that in a short period of time. Although holding is more secure but there’s nothing bad in trading if you have the fund to risk and also are ready to learn. But for others waiting for just signal from others without assurance of how accurate it could be then it is better to stick to holding

Every newbie who gets to know about about bitcoin mostly conceives the idea that you must have to trade or be a good trader for you to make or be able to earn on bitcoin. And this notion has driven many to scramble for resource materials that teaches on different trading strategies and patterns, yet they end making continuous losses upon losses after even passing through these trading classes and studying of trading materials.

In my little observation, I find out it is not that these strategies taught out from these materials and classes are not in context with conventional trading, or that they are not workable or plausible to earning earning on bitcoin but the underlying truth is that trading isn't meant for everyone in the crypto space and everyone must not be a bitcoin trader. whereas some still fight it and they keep losing financially in the fight.

Why bother yourself to be a skillful trader despite how it's not working out for you when you can be a good holder. Yes! you heard me right, a holder. Why not buy and hold patiently wait for a profitable rise in price from the actual price you bought at and sell at a good profit level. This doesn't demand strategic techniques or you to be a guru with years of experiences in trading, all it's required is "buy, hold patiently for price to rise profitably for you while you sell and wait for another opportunity to buy again and hold.

For example: those that bought bitcoin at the beginning of this year January 2023 can relate to this, as those that bought around 17k-19k price can sell with profit right now as bitcoin price is currently around 28k within the end of the month of march.

Note: The end point is to making profit, so why not focus on the area  that could easily work out for you irrespective of the time it takes instead of following the crowd to a numerous lose end.