Quote from: datguyian on Today at 10:21:02 AM

Quote from: Shasha80 on Today at 04:27:45 AM

Quote from: dunfida on July 25, 2021, 11:27:18 PM

Quote from: Shasha80 on July 25, 2021, 11:04:07 PM

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.

I admit that it is not easy to make short-term trades, so not many people have managed to get big profits through short-term trades. Knowing this
I also prefer holding Bitcoin for now, because I realize my analytical skills are not very good and it is also true that technical analysis does not
guarantee to be able to generate profits. Then another factor is needed to be able to successfully make a profit in short-term trades. In conclusion, everyone is free to do what they think is effective in generating profit, but we must remember that every choice we make has its risks, we must
be prepared with all the risks that we will face. Because from the start, entering the crypto world was risky.