Post
Topic
Board Trading Discussion
Re: Bitcoin holder are not maximizing the bitcoin potential
by
Yamifoud
on 15/09/2023, 12:32:44 UTC
It's interesting to note that many Bitcoin holders might not be fully capitalizing on the inherent volatility of this digital asset. The Bitcoin market can undergo price fluctuations of around 3 to 4 times in a single day, which offers ample opportunities for those who choose to engage in active trading.
Well, to be a trader doesn't necessarily mean you can always timing the price fluctuations to profit. Because it requires knowledge, strategy, analysis and time management, these are crucial if you're going to be a trader. Moreover not all traders are gaining, the reason why some of them chose to just hold their Bitcoin because it is less stressful.

I'm an active trader before who turned a long term hodler. This suits me and more beneficial. If you're able to profit in trading then good for you. But keep in mind that you can't dictate the people here to do as you say since we have different strategy to maximize our chance to profit in crypto regardless of as a trader or long term hodler.
Even though you are very good at doing TA and have deep knowledge about trading still was hard to timing the market price due to its volatility. That is why some holders wanted to stay as holders rather than use their funds to trade because they thought it was less risky and not stressful. Of course, if you are not really confident to do trading why you should do it in fact, we can still earn a profit from just holding and selling at high. It was not how we miximized our funds while waiting for the bull season but we chose the way that we thought it never gives us losses which holding does.