Post
Topic
Board Bitcoin Discussion
Re: are you a long time hodler?
by
CryptoBuds
on 11/04/2023, 02:55:06 UTC

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?



I used to be a trader, and to be honest, I lost more than I gained, so I switched to a holder. Holding is safer and not as stressful as trading, the profits are not inferior to good traders, even many times larger. And one more thing, as you can see, since bitcoin was born, we have had a lot of billionaires, millionaires born from holding bitcoins, I have not seen anyone become a millionaire by trading bitcoin.

The downside of holding is that you need to hold for a long time and won't make a profit in a short time, so many people who want to make money quickly choose to trade. But in the end, they also lose with trades, very few people can win with trades.