Yeah, sure it is possible to be profitable with trading and it is even more likely that positions can be bolstered by attempting to buy more when the BTC price is down; however, it way more likely that normies are going to do way worse in their BTC accumulation (and therefore future profits) if they fuck around with trading... beyond maybe some minor attempts to buy more during dip periods...and erroring on the side of mostly just regular and persistent buying and accumulating of BTC and increasing their wealth (or likely wealth) through such ongoing, regular and persistent accumulating/buying efforts.
As a small bitcoin holder i dare not to trade with BTC if I wish. Because volatility might eat up my little BTC. But for small holders I think holding Bitcoin is more suitable than trading. A trader is not always profitable. But I want to keep myself out of this calculation of profit or loss and try to keep up with DCA. There are many small BTC holders like me who were afraid to dream. Today they dare to dream that is only by holding BTC. A big trader might be able to temporarily invest in Bitcoin and walk away with money but there are many holders like us who choose Bitcoin as their permanent asset. More than gold or any other precious commodity, BTC has come to be considered a permanent asset to our holders. When the price of Bitcoin falls, some people express disappointment, but some holders like us smile because there will be an opportunity to buy Bitcoin at a lower price.
Well said my friend, I think its probably better to hold than to risk your little coins on trading that is something more like gambling and everyone is well aware of the risks than its involved in gamble so being a patient buyer would probably be the trick to actually achieved some benefit in your long term investment. And like you said, I am still confused on how folks who hold small btc would complain when the price start dipping, it should actually be like some kind of blessing because that's exactly the way I see it, because the lower the market price the better chances you have to accumulate as much btc as you can for your investment because the number of bitcoin will get for 50$ when the price is 20k $ is not same when the price pumps to 30k$.
Holding bitcoin for the long term is not gambling because in gambling your chances of losing money is very high whereas by holding bitcoin you are not gambling, it's more sort of an investment that has a very little chance of ending up in a loss.
Bitcoin holdings are different from gambling and should not be regarded as such. Trading Bitcoin, on the other hand, can almost be classified as gambling with a lesser risk unless it is futures trading, in which your assets can be liquidated. That's that.
There is also a higher chance of losing when one enters the market at the wrong time and purchases some Bitcoin when the price is very high. Let's take those that use the market trend and the highest bull run of them all, which was $68k or so. They purchased at this price and intend to hold for a higher price to be achieved so that they can take home a profit. If they are still holding, how will an economist calculate the value of the assetime and purchases some Bitcoin when the price is very high.
Let's take those that use the market trend and the highest bull run of them all, which was $68k or so. They purchased at this price and intend to hold for a higher price to be achieved so that they can take home a profit. If they are still holding, how will an economist calculate the value of the asset? (on the losing side), which has a very high chance of losing, which falls against your explanation.
But if we are to look at it from the Strange Dr.'s point of view as stipulated above, which I also agree with, a holder should only calculate losses when they have sold out their holdings out of panic and below their purchase price, but if they are holding strong for a very long time (no holding time limit), there is a very high possibility of taking home a profit when the price will eventually kick back up, but that can sometimes seem like a lifetime.
On the other hand, if you hold bitcoin for long term, it is almost certain that you will be rewarded good profit as bitcoin always increases over the long term period.
Profit is not always guaranteed for every long-time holder, but profit is certain for every long-time holder who is also a strong decision-maker when it comes to their price target.