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Edited on 14/05/2025, 12:29:23 UTC
But it is better to hodl Bitcoin and not trade it especially if you don't have much skill in trading. You will meet many bad situation in the market where you can panic and lose control. Using Bitcoin to trade is an option and not many people can do while they prefer to choose Bitcoin as their investment.

But no safest option to choose if that is trading because the crypto market will be unstable. You need to be careful when using Bitcoin for trading. Worth it or not will depend on your skill in trading.
You have a point there but the main topic is about if it's worth trading only bitcoin that's why I said that it's better to trade only bitcoin if you as a trader for example isn't sure about other crypto then yes it is the best option to choose only bitcoin. One more thing, it is not about if you have the skills or not. For situations like that where you don't have much skills in trading then I would also say it's better to hold bitcoin than to trade but you won't be able to become a better trader if you don't face it. When you make a mistake in trading is what makes you learn from it.
Actually it will be basing up on someones preference when it comes into this aspect whether you would be trading up Bitcoin or Altcoins on which the main basis on here is about on the volatility of a certain coin on which we do know that this is where someone could make money out of those movements. The main problem on here is that not all are that good with playing with the moving market on which they cant be able to handle up the volatility risks and instead of doing trading they do rather choose up on making up some holding instead on which this isnt a bad choice neither. Talking about worthy then it will be that depending on your risks tolerance. When you are dealing up with a volatile market then you do need up to be wary about into the things such as this. When becoming a trader then you should be needing up to be that versatile on whatever the price that you would be able to encounter.

Speaking about consistency then it will that differ to each person or with trader because experience will be that different level to each person. So it will be basing up on how well you do able to play with the market.
If you cant be able to bare up with the volatileness of the market then you can just that simply hold and thats more simpler but of course when sudden drops will be giving out that kind of emotion mix.
It will be that up to you on how you do adjust out accordingly.
Original archived Re: As a trader, is it worth consistently trading only BTC?
Scraped on 14/05/2025, 11:59:31 UTC
But it is better to hodl Bitcoin and not trade it especially if you don't have much skill in trading. You will meet many bad situation in the market where you can panic and lose control. Using Bitcoin to trade is an option and not many people can do while they prefer to choose Bitcoin as their investment.

But no safest option to choose if that is trading because the crypto market will be unstable. You need to be careful when using Bitcoin for trading. Worth it or not will depend on your skill in trading.
You have a point there but the main topic is about if it's worth trading only bitcoin that's why I said that it's better to trade only bitcoin if you as a trader for example isn't sure about other crypto then yes it is the best option to choose only bitcoin. One more thing, it is not about if you have the skills or not. For situations like that where you don't have much skills in trading then I would also say it's better to hold bitcoin than to trade but you won't be able to become a better trader if you don't face it. When you make a mistake in trading is what makes you learn from it.
Actually it will be basing up on someones preference when it comes into this aspect whether you would be trading up Bitcoin or Altcoins on which the main basis on here is about on the volatility of a certain coin on which we do know that this is where someone could make money out of those movements. The main problem on here is that not all are that good with playing with the moving market on which they cant be able to handle up the volatility risks and instead of doing trading they do rather choose up on making up some holding instead on which this isnt a bad choice neither.