5 btc I will sell when price reaches to $1k and rest 5 btc I will save for the future hoping to earn much higher profits in future, its better to play safe and not take risk of investing it somewhere.
indeed save for long term bitcoin is very much better than gambling or else way but the main problem for long term holding is we never know in what year bitcoin will reach $1k or above and it takes more patience to waiting your target sell because for me waiting is the boring time in my life and currently long term holding doesn't suitable any longer for me
That's true holding for a long time is not guaranteed that you are going to earn from it. But if we are going to base it on what happened for those bitcoin millionaires it is the way that they did on how they did became a bitcoin millionaire. Well it is also good to consider that holding that amount up to your satisfactory price.
from my point view eventually holding will give you an advantage during bitcoin keep exist and you can be patient until prices rise above the price before you buy it.
I too would rather hold them for myself as there is not really much of an assurance of profit from trading because from personal experience from trading, I have not really profited that much with my trading so far as I am a small networth bitcoin trader.
I may try sports betting with just a small amount and test my luck and skills to see if I can make profits there.
It depends on your preference but trading is much better than sport betting, if you said that you wont make good profits out of trading it normal because we suffer lossing trades just like gambling it has the risk of losing your money. Sports betting is better compared to other gambling games but its also a matter of luck only.
I think sports betting and trading can be compared at about equal risks.
At least if you know about the sport and the chances of winning for one side.
And in trading you should know the circumstances of the coins you are trading with.
Trading can turn you into a millionaire if you've got the right information at the right time. It's risky, but the millionaires always got the infos before us. This is why all of them usually get profit, whether the stocks are going up or down. Betting is all about luck, or at least mostly.
AGree, trading could make you a millionaire if you have the right information but hte profit would depend on the amount you risk. As others said the higher the risk the big profit it would be. Definitely, betting is all about luck and you are not sure what would be the result.