Quote from: alankasman on February 07, 2024, 10:12:17 PM

Quote from: Natalim on February 07, 2024, 08:36:37 PM

Quote from: alankasman on February 06, 2024, 08:58:16 PM

Trading Bitcoin will not be as profitable as imagined. You can ask traders who have experience in using Bitcoin as a traded coin.
Profits from trading Bitcoin are obtained, but they are only a small part of the profits obtained by Bitcoin holders who set return targets.
Spot trading is less hassle and less risky than leveraged trading. I agree. However, in this type of spot trading, I also think that if you choose Bitcoin as the coin being traded, you will not get a profit according to the target, smaller than long-term holding.

Well, altcoin trading pairs are more profitable than Bitcoin, based on my experience but the risk is too high knowing that highly volatile coins may dump drastically and sometimes never recover which certainly makes you lose if it happens. Unlike Bitcoin, where if you just hold after the dump, we can still see it coming back. But if we are an impatient trader, whether it is Bitcoin or altcoins we still need to learn how to hold because trading is not all about buying and selling, holding is also a part of it. In fact, sometimes it happens that I hold for a few days waiting for the recovery and it works, I'd never lose any but instead, I make a profit.

Bitcoin is not good for trading in my opinion. The placement of Bitcoin as an investment asset is more targeted.
Do you mean that BTC/ETH trading orders are more profitable? It's true that it could be more profitable, but I'm not interested in BTC/ETH or other BTC/altcoin trading pairs.
If I think about it, the hold concept is not complicated to put into practice with a lot of patience, but the altcoin chosen to hold is not an altcoin that follows trends.