Quote from: wagmi on September 08, 2022, 09:28:35 PM

Quote from: justdimin on September 08, 2022, 06:52:04 PM

Quote from: Inwestour on September 07, 2022, 07:03:19 PM

Short-term investment in a bear market is not entirely wise, because after making a small profit from short-term trading, a bull market may follow, but in the case of a short-term trade, you can miss out on significantly larger profits. The advantage of long-term trading is that you don't have to worry about time fluctuations, all you have to do is buy and wait for the bull market.

If you do a short term trade, you do not suddenly stop, you keep on doing that and if there is a bull then they will keep on trading and making profit during the bull period as well. Many people think "well if I hold it now, I will make more money from the person that bought it in the morning and sold at night" but they do not realize that the trader will end up buying again next morning and selling next night.

So, if you are a good trader then you could make a profit from any situation and any money, but if you are not then you are going to end up with a bit of a problem when trading even on the best markets so the point is not the time but how great you are.

We should not risk our Bitcoin by doing trading because trading is like gambling. It's a chance of 50 percent price goes up and 50 percent chance of price going down.
But nobody knows where's Bitcoin's price heading tomorrow or in a week.
Many people have lost money from trading, so better avoid it.

Our best option is HODL because Bitcoin is scarce and will increase in price very massively over time. But it needs time. Be patience and you will be rewarded.
Just HODL

wagmi

I have the same attitude towards trading. If someone wants to practice, that's their right, but I'm not ready to take risks like that. Probably because I have neither the desire nor the relevant skills to make money successfully.

It is impossible to hold indefinitely, otherwise, what's the point. The original idea behind the bitcoin was for the btc to be used and not ballasted. The desire to increase savings by holding in bitcoin is not superfluous to anyone, but bitcoin, like any currency, must circulate in the system. The more, the "livelier" bitcoin will be.