I am holding bitcoin for a long time investment. Because I have thought about the future of my underage nephew and niece.
I am also investing in AVAX for its fast transactions and low fees. In addition, the Avalanche platform since its launch has shown growth in its ecosystem so far. When more investors realize the potential that it has, it will possibly be a boom as with magnificent projects. At the moment I use AVAX every time I need FIAT I can exchange it on Binance for BNB to get to Fiat.
I also made a small investment with AXS with the token price between $ 9 and $ 12. Keep an eye on the Play to Win that Axie Infinity offers you.
My intention with this post is simply to share with you how I am managing my cryptocurrencies. If it is useful for anyone who reads it, something good can happen as it happened to me when I decided to invest with AXS for example, I saw a tweet from one of the guys that I follow and decided to take a look at it.
Good luck everyone and God bless you!
Topic: What is better - cryptocurrency trading or investing? - page 21. (Read 4394 times)
If you invest for long term in crypto-currency market, then you should invest few coins which I also invest such as- eth, xrp, dogecoin, cake and youcash. I also invest few coins for long term such as- bitcoincash, Ethereum classic and Ampey coin.
btc can grow in price but we dont know when it will happen and it could not grow continously but downs can be experience sometimes .
this could hold back your gains as a holder but if your trading, you can take advantage on this situation and you can fasten up your earnings but holding is never been a bad idea .
it was recomended for all because of how easy and safe it was.
this could hold back your gains as a holder but if your trading, you can take advantage on this situation and you can fasten up your earnings but holding is never been a bad idea .
it was recomended for all because of how easy and safe it was.
This is a good questions, May i tell you that skills and what you could call sabificate is now the ruler of the world?. Now what do i mean by that. The world no longer looks for certification or paper work for most persons, what they are looking out for what is you can be able to do with your hands to complement their organisation or add value to them. And you having a unique skilks make you indispensable and especially when you can put it to use .
Now when there is good knowledge and skill as it concerns trading I am sure that you will smile more than investing although it depends on what you invested the money into. But always know that knowlede is power.
Now when there is good knowledge and skill as it concerns trading I am sure that you will smile more than investing although it depends on what you invested the money into. But always know that knowlede is power.
both are methods for managing finances, but based on needs if you are trading Bitcoin for a short period of time. it will be very risky and not too big impact. Bitcoin to invest long term. while if you feel that daily trading will be very profitable, then at least use the second alternative that makes altcoins that must be traded.
Again, for Bitcoin, it will be more useful if you hold it for a long time.
Again, for Bitcoin, it will be more useful if you hold it for a long time.
I am confused because bitcoin has been showing a lot of fluctuations in recent times making it suitable for trading more than buying and holding.
it is precisely now that Bitcoin is starting to be withdrawn from the market and the whales are storing it in their cold wallets. because seeing the current Bitcoin price movement has started almost no significant increase. it is possible that the market is experiencing saturation and taking a short break waiting for the next halving process.
It's pretty stupid but I think that it's a much better option since it's safe and it covers both long-term and short-term, I think both of them can work together, you do trading while at the same time investing and hodling some of your cryptocurrencies that has a potential for long-term growth. I think that utilization of both facets of making money in cryptocurrency is a much better option compared to choosing just one.
It is quite good and not stupid idea at all to invest and Trade at the same time provided you have Technical skills to make entry and exit at the right time. Hold 50% for long term and use remaining 50% to trade when there is opportunity in spot or margin/future markets, this way you can increase your BTC. It is also important to use stop loss without exception to save your capital from total Loss.
Trading and investing are both profitable but differ in several in handling as there are things need to consider. trading required skills and analysis with enough times in monitoring market situation to avoid lost while investing only possessing risk in the future if we have invest in unlucky project that doesn't click in crypto market but base on my observation more and more investors are successful.
the more successful investors, it doesn't mean they choose Shitcoin as their initial deferral when deciding to invest. but not a few new investors choose crypto just because they are following the whales, while the whales are just trying to give FUD.
as you said that learning all the characteristics of the project is key before going any further. there is no unilateral decision to take big profits. it needs stability of thought and good knowledge in the field of project data analysis, even Shitcoin needs to be studied, before it can pass in the market.
As for my experience, yes.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
You need to consider every circumstances as the market volatility really bring headeache if you are not ready to see how big your losses might be, not knowing what you are doing will harm your capital.
If you are into long term goal then prepare yourself and make sure that your endurance is really high, patience is the key factor for long term holders.
Although those fluctuations really are giving an headache but you're going to be accustomed to it.
I think both are needed. completely holding without selling can also lose the opportunity to make a profit. but if trading every day can also make someone greedy on market , so trading and holding both are needed.
Long-term holding of Bitcoin is a good choice. With the strengthening of people's consensus on Bitcoin, Bitcoin will have great potential for appreciation. Long-term holding of Bitcoin will make more profits.
The price of Bitcoin is unstable and has great volatility. Market fluctuations are prone to market sentiment. Short-term trading will be affected by sentiment and make wrong choices.
The price of Bitcoin is unstable and has great volatility. Market fluctuations are prone to market sentiment. Short-term trading will be affected by sentiment and make wrong choices.
both are methods for managing finances, but based on needs if you are trading Bitcoin for a short period of time. it will be very risky and not too big impact. Bitcoin to invest long term. while if you feel that daily trading will be very profitable, then at least use the second alternative that makes altcoins that must be traded.
Again, for Bitcoin, it will be more useful if you hold it for a long time.
Trading and investing are both profitable but differ in several in handling as there are things need to consider. trading required skills and analysis with enough times in monitoring market situation to avoid lost while investing only possessing risk in the future if we have invest in unlucky project that doesn't click in crypto market but base on my observation more and more investors are successful. Again, for Bitcoin, it will be more useful if you hold it for a long time.
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
I have also traded cryptocurrency before and I can say that it is quite a profitable business. However, in order to trade successfully, you need to have trading skills and know which cryptocurrencies to use for trading. But it is not always possible to make a profit from cryptocurrency trading, since very often the market behaves in an unpredictable manner. As for simply holding BTC, we have already seen that this was one of the best solutions, because over the years, the price of BTC has shown incredible growth. Based on this, I believe that now it is better to invest in BTC, since there is a high probability that by the end of 2021 we will enter the next stage of growth, which means it will be possible to make very good money on this.
I agree that bitcoin has shown incredible growth in the past. But these days after Elon Musk tweeted about bitcoin consuming a lot of energy, I have seen the bitcoin price going down. Is it still a good idea to buy and hold bitcoins for long?
On the other hand, many companies and public people still seem to be in favor of Bitcoin (just recently Google lifted the ban on advertising cryptocurrencies), and, in addition to that, the history shows - Bitcoin always recovers. Why should now be any different? All of these facts point to one conclusion - the price of Bitcoin will grow In the long term, so you shouldn't be afraid.
As for my experience, yes.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
You need to consider every circumstances as the market volatility really bring headeache if you are not ready to see how big your losses might be, not knowing what you are doing will harm your capital.
If you are into long term goal then prepare yourself and make sure that your endurance is really high, patience is the key factor for long term holders.
can be considered as investing since you are risking or putting money on it for you to earn money so it can really be considered including on that part since its on the criteria on risking out capital.
When it comes to choices neither on the two then its your take because not all would really be that risk taking personality on where they do choose up on holding instead.
Its up to personal choice neither which one do suit you best.
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It's easy to answer this question.
Look at the price history of Bitcoin and you'll definitely know whether Bitcoin is good for long term investment or not.
Hodling is even much easier than short/daily trading and has a lesser risk in lossing your money.
The profitability depends on how well you do day trading, minus all the lossing trade you've made. While "hodling" profit depends on Bitcoin's price and the price when you bought them.
By looking at the development of Bitcoin prices over the past 11 years which continues to increase, it means that Bitcoin is very good for
long-term investments. Therefore I never hesitate to hold Bitcoin in the long term, in fact every time I have extra money I will buy Bitcoin.
Because I believe the price of Bitcoin will be very expensive in the future and it will give me a big profit. I agree holding is easier than doing
daily trading, because all we need is patience when holding. While daily trading has a very big risk, wrong decisions can make us lose money.
So for newbies and those who don't understand how to analyze the market, they should choose holding rather than daily trading.
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
It's easy to answer this question.
Look at the price history of Bitcoin and you'll definitely know whether Bitcoin is good for long term investment or not.
Hodling is even much easier than short/daily trading and has a lesser risk in lossing your money.
The profitability depends on how well you do day trading, minus all the lossing trade you've made. While "hodling" profit depends on Bitcoin's price and the price when you bought them.
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
There is no guarantee for profit in this market, you have to focus on your goal and be consistent because this market will throw a lot of challenges to you even if you are just holding. Bitcoin for long is good as long as you know when to sell because there’s a chance to make a new ATH in short term so it will depend on you either to sell or to keep holding. Being a trader takes a lot of actions and confidence, if you still not familiar with it don’t take too much risk. 
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
Hodling bitcoin for long won't increase the quantity of your bitcoin. You need to accumulate for it.
What is your purpose by the way? If you are doing great in day trading then just stick with it as again, hodling bitcoin is just literally waiting for your dream price to achieve. Also good for those who don't want to feel the pressure of doing day trades.
Why not give it a try. Give it a month or two and see if will be profitable to you. Although we don't if there will be a big price change within that period.
I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
Ashley you should just try to figure out which one you are good at, that is the thing. Investment is something that will yield a lot of profit in a long period of time, and it is somehow not easy to "do nothing" for years, on paper to me it looks very easy, it is basically nothing, you literally do nothing, just buy and hold for 5 years and you are in profit by a big margin. Testing it is not easy neither, you have to buy and wait for years and see if it is good for you and if you like it.However if you end up not being able to wait and sell when the price goes down that means you are not an investor. Also trading is easier to test to see if you will like it, just go out there and trade, if you like it then you like it, if you dislike it then you know it, it takes like a month to get a grip of things and you will either hate it and stop, or love it and learn more about it.
As for my experience, yes.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
Holding bitcoin is profitable but you need to be endure with the market whether it would be a long crash within months or a painful market within a day.
It's guaranteed on my experience that's why I'm still long for bitcoin and will remain to be.
If possible, I would suggest that you learn to both trade and invest in good cryptocurrencies in the market. At the rate the market is going in you wouldn't be able to reap nice rewards if you were to just learn one of both, and just in case. It is always better to learn before doing it than learning to do it while you are doing it. The latter will have you commit mistakes that you otherwise wouldn't have if you at least took the time to study it.
Think of it this way, if you are day trading or even just trading from time to time in bitcoin or any other crypto, you are the one who decides the outcome of your investment, you are the one who is actively has an influence on whether to sell or buy at certain price thresholds, so you profit is kind of linked to how good of a trader you are, but with holding for a long term you really don't have that much of a choice but just to wait, so compared to trading you won't be making any significant profit.
Profit is still profit, and honestly speaking I would always choose a small gain over no gain at all. You are spot on regarding the amount of control you have in trading compared to investing, but then again control doesn't usually equate to saving yourself from a big loss or securing a spot for a big win. The insurmountable amount of control traders have over their cash have some of them pull their trades way too early, thus causing them to miss out on a much bigger profit venture, or have them pull out late, hence causing them to lose cash in the process. Jump to: