Post
Topic
Board Bitcoin Discussion
Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do.
by
uswa56
on 12/06/2024, 23:36:30 UTC
It can be done at the same time, actually, because I'm doing it at the same time. Even with other cryptos, I also do it, just that the majority is in crypto, just a little bit in Bitcoin. I can only see more ROI from my capital in crypto or altcoins as long as it is at the top, and I am sure I can give a good profit.

I can't actually separate those two, because that's really the best way: long-term holdings and day trading, so that somehow we have a profit from time to time to also be able to dca the coins that we also want to accumulate.
These two things can indeed be done simultaneously if we have the skills to do so, as you do in trading a number of other cryptocurrencies to make a profit, but we must really understand well the assets we are trading and don't just throw them away. funds on types of altcoins that have no potential will be able to gain profits.

If you can't separate these two things, it would be better for you to start focusing on one side first so you don't make mistakes that could cause you to lose the investment or trade you make. I think long-term ownership will make it easier for us to make a profit compared to doing Daily trading requires us to always focus on analyzing the market to be able to make a profit on the trades we make.