Quote from: Nhor1011 on January 11, 2021, 10:59:05 AM

Trading bitcoin during lower value and now @$40k is the same because you just need to get 5-10% on profit in your every trade. Unlike holding bitcoin in the long run, they earn revenue at a due time when the value of bitcoin increases.

I always do trading day ang night because I need to earn even a little every day. I can't afford to buy bitcoin and just hold for long term. Those who hold bitcoin for a long term are those with enough capital which they don't need to spend.

Honestly that is not the case for me. You do not have to buy and sell and keep doing that to constantly try to profit even if you do not have money. If you are a great trader, by all means you should do that if you have little amount or even big amount, because if you think you can profit a lot in the long term with constantly trading, why stop doing that? However if you do not have a lot of money, that means you could just put money aside every month constantly to make some profit over long period of time.

For example, all I could afford this month was 50 bucks, with Christmas and new years there was a lot of unaccounted for costs and that is why 50 bucks was best I can do. But if you keep doing that constantly, you are going to make a decent return, I am not even talking about doing that for the past 5 years, because if you put 50 bucks each money for the past 5 years, you could have retired now, but it is still a valid option even today, you just have to wait one or two decades and retire.