Only 10% of traders make profit from trading, the rest always run at loss in the market. This is because trading is so complex and plays with our emotions. To be a professional trader is not easy but to be a long term hodler is easy as long as you don't over invest in bitcoin but use only your discretionary income to invest in bitcoin.
Hodlers are making profits with ease because their bitcoin portfolio generates profits for them overtime. Unlike traders that will pass through stress and emotions and might still run at loss. Trading is risky and can lead to great loss, but hodli is easy and limits losses, since the price of bitcoin increases overtime.
Yeah same as majority of Bitcoin investors are hodlers not traders correct me if I'm wrong. I think there is only small percentage of profitable, skilled and professional traders compared to those who just accumulate and and wait for the bull run to come. I can even see professional traders make a devastating loss from a trade so yeah if you wanted a stress free investment then just do DCA or become a hodler as it makes sense to me.
Guys, almost nobody is a "professional trader", there is a reason if 90% of the people doing trading loses money. Let's just take a look at the big hedge funds, they're supposed to have the best traders, the best tools, the best info, and yet normally a passive strategy obtains better results. Making money or living off trading is something that almost nobody can do. I prefer to keep things simple, DCA is the safest way if you're in for the long run.
I disagree with you Mate. There are professional not just professional but, professional profitable Traders who live and finance there daily needs through trading, discard such mentality mate and your fact of 90%. Hedge funds run on a different system as they profit meeting up there set yearly goals, don’t give a point about what you don’t know and I doubt you understand anything about Trading.
Trading isn’t a sustainable approach to Bitcoin as it would yield no good results apart from you profiting off your trades whereas Accumulating and Holding with a plan yields good results as you build a Bitcoin portfolio overtime and your value keep increasing. I don’t see any need to trade bitcoin when you can accumulate and have your own Bitcoin with same money you wanna risk in trading.
Bitcoin is a valuable asset not a Tradable coin to make profit off.
Many were trading Bitcoin while others were accumulating more, the Holders are smiling because value increase and is increasing.