Hey there.
I just got 0.001 BTC from a site and wanna try out something fun. Gonna see if I can grow this by trading buying when it dips and selling when it rises.
I think Bitcoin could hit a million bucks by 2040, but it's gonna drop way before that. So, will my tiny investment turn into something or just chill at 100 bucks for ages?
Excited to see what happens!
Jaanus
Experiment: Hodling vs Trading
19 replies 181 views
shard_2013Full Member
Posts: 634 · Reputation: 287
#2Nov 2, 2017, 05:32 AM
Who knows when BTC will hit a mil.
But honestly, just holding is usually safer. If you just keep BTC, it'll likely increase over time. Trading is risky, especially for newbies don't lose money you can’t afford to.
Good luck with that dude! But remember, trading isn’t for everyone. Most people just end up losing. If you believe BTC is gonna soar, just hold it long-term. Use DCA, keep it simple.
Thanks for the quick reply. I agree with you.
I mean, if folks had held BTC 12-15 years ago, they’d be rolling in it. This 0.001 BTC is small enough to lose, but I’d love to have fun with wild market moves!
Can you actually increase your BTC from trading? Sure!
But it’s tough. You gotta buy low and sell high. Reality is, that’s the hardest part. And that prediction about a million bucks? No one knows when that’ll happen.
If you can handle losing what you've got, go for it. But are you ready to learn trading? It’s not just clicking buttons there’s a lot to figure out! Holding feels safer.
k1ng_blockNewbie
Posts: 131 · Reputation: 6
#7Nov 2, 2017, 03:46 PM
Honestly bro, just HODL. No point in wasting your BTC on an experiment. Better to keep it or buy something useful. Most traders just don’t beat Bitcoin.
If I were you, I'd hold the 0.001 BTC and use extra cash for trading. Losing that amount in trading might be tough to swallow. Holding gives you a chance to increase your BTC eventually.
its_walletMember
Posts: 147 · Reputation: 161
#9Nov 4, 2017, 12:32 AM
For a small amount like that, maybe take the risk and try trading! Yeah, it’s risky… but it could pay off. Holding is safer, but who knows when Bitcoin’s hitting a million?
You already know what’s up. Trading can lead to losses, while holding just gives you time. If you want to see your BTC grow long-term, hold onto it.
nonce_2018Member
Posts: 142 · Reputation: 110
#11Nov 4, 2017, 07:10 AM
Nice to see someone testing it, but remember, it’s not a guarantee. Trading may work for some, but others lose big time. Do you know what you’re doing?
You could try both! Split your approach a bit. Trade with what you have and hold the rest. Also, DCA with small buys every paycheck might be effective.
AtomicGweiMember
Posts: 63 · Reputation: 63
#13Nov 4, 2017, 01:55 PM
If you think you can trade, go for it. But really, success rates are low, man. Better to HODL and wait for the right moment.
Trading can be profitable but only if you're good at it.
If you're still learning, expect to lose more than gain. Best to hold for now and give yourself time to learn.
sigma_minerNewbie
Posts: 95 · Reputation: 8
#15Nov 4, 2017, 06:26 PM
That site has a low faucet payout.
How'd you get that 0.001? Just curious. You should also consider what’s more effective: trading or holding.
Keep that BTC in a private wallet if you can. It’s safer. Only trade if you're skilled there's risk involved!
If you just hold, you'll likely see a profit when Bitcoin rises again. But trading can be a quick way to lose your funds.
k1ng_blockNewbie
Posts: 131 · Reputation: 6
#18Nov 6, 2017, 10:17 PM
Or instead of trading, maybe just put your money into a Bitcoin exchange with use? But seriously, avoid gambling on sketchy coins.
Chill, man. Sounds like you’ve been around crypto for a bit. If you're just looking to have fun, why not use it for something more entertaining instead of trading?
AtomicShardNewbie
Posts: 68 · Reputation: 8
#20Nov 7, 2017, 06:56 AM
Honestly, I’d just hold that BTC. In the end, trading for such a small amount might not change your life much. Maybe try your luck with trading, but don’t expect too much!
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