Not that Im pessimist in BTC , just that people should learn that it is not a guarantee that the value will increase overtime , best thing would be earning from its movement aka daily trading
P.S : buying and holding BTC isnt really trading but somewhat it is long term investment
P.S : buying and holding BTC isnt really trading but somewhat it is long term investment
Buying and holding isn't trading at all - it's buying, and errr holding. There's nothing "somewhat" about the long term investment part, that's exactly what it is.
So what's been your history and success with trading BTC? There's been such little movement recently, I wonder if you've been able to make some plays that have really paid off.
Good luck!
so if you don't sell you are not trading? buying and holding with the aim of selling at some point(you see you will actually sell later), is a trading strategy, a long-terms ones
selling and buying can also be called an investment, a short term investment, actually they belong to the same class, one is fast the other is slow
I would say it kind of depends on how long you are planning to hold on to your BTC (asset). I mean if you are planning to sell in 10 years, I agree it is trading in some extent. However at the same time, can you call something "trading" that involves a single trade in 10 years?
I think holding is simply an investment in an asset or stock with the hope that it's price will go up. wait..which then makes BTC a "company" where we are the shareholders.
