Post
Topic
Board Trading Discussion
Re: Which is better option for trading Bitcoin or stocks ?
by
coinplus
on 27/12/2018, 09:10:26 UTC
I also like trading myself compared to stock. well, but you know, sometimes we are also tempted to make some stock of potential coins in the near future. but so far, I have chosen trading because I feel, the risk is that I can minimize it.
I understand you are referring the holding by "stock". But, it is proven that by holding only you will be able to minimize the risks rather than trading any coin. You may choose trading for day to day benefits whereas holding will require lots of patience and also you may find the benefits only after some long period of waiting. But, by holding only you will be minimizing all the risks of fluctuations whereas in trading you need to be more skilled to tackle those fluctuations.

You can simply choose few cryptocurrencies and then you can hold them for years so that you will be getting big profits out of it. This profit level must be bigger than what you could achieve in active trading with any other markets.
I also have experienced that many times with many coins. I'm also not sure people are making more money by trading same coins for a given time frame. Because, fluctuations will wipe out your 10 days of profits in just a single day whereas holding will be securing your profits for all those 11 days. Especially, holding does not require any special skill also you do not need to take any big decisions in market hours. You can be relaxed all the times and it you can focus your attention to some other things where you will be finding another income generation opportunities.