Why HODLing Bitcoin Might Be Smarter Than Trading

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Posts: 131 · Reputation: 6
#1Nov 20, 2017, 12:09 PM
Just gonna share this blog link... not gonna say much.
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Posts: 49 · Reputation: 24
#2Nov 21, 2017, 04:59 PM
For real, I don't get why anyone would trade if they're looking to build wealth with Bitcoin. Trading usually leads to losses. Everyone thinks they can predict the price moves, but in reality, the charts can mess you up big time.
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wagmiNewbie
Posts: 301 · Reputation: 14
#3Nov 21, 2017, 10:48 PM
It's not just the newbies getting duped. The whole system tricks people into believing they can get rich quick just by trading, like those influencers flaunting their gains on social media. And let's not forget the rug pullers calling themselves traders... holding is the way to go.
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basedbyteNewbie
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#4Nov 22, 2017, 12:37 AM
Totally agree. Most traders lose money. You need to know if you can handle the stress of trading. I realized I couldn't, so I switched to long-term investing. Sure, some traders do well, but they’re a minority. Decide wisely before jumping into trading.
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dan.wolfFull Member
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#5Nov 22, 2017, 01:39 AM
Why does everyone act like active trading is evil? Long-term holders are traders too, just different kinds. HODLing is safer, sure, but if you know what you’re doing, trading isn’t so bad. Those loss stats floating around? Probably exaggerated. If I was a whale, I wouldn’t just hodl.
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#6Nov 22, 2017, 06:52 AM
Trading is a major time suck. All those hours glued to charts and reacting to every little price move? No thanks. HODLing is way simpler. Set it and forget it.
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RogueBitFull Member
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#7Nov 22, 2017, 07:16 AM
Yeah, trading is not only a money pit, but it eats up your time too. While HODLers just set up DCA and chill, traders are stressing over every tick.
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#8Nov 22, 2017, 12:20 PM
What are you even saying? Clearly, you don’t know how to trade properly. The article is misleading, especially for beginners. They talk about futures trading draining capital. Trading doesn't guarantee failure.
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whale420Senior Member
Posts: 727 · Reputation: 853
#9Nov 22, 2017, 05:20 PM
Most people here are still trying to figure out trading. They think no one makes money at it. Newbies posting negative stuff about trading are just showing how little they know.
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it5_lynxMember
Posts: 136 · Reputation: 190
#10Nov 22, 2017, 08:19 PM
Exactly. The most losses come from people who jump into trading with no clue. They think they can get rich overnight by day trading. It’s the ones who understand the market that actually succeed.
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0xMinerNewbie
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#11Nov 25, 2017, 02:26 AM
We talked about this before, right? Someone mentioned 97% of traders lose money. But where's that number coming from? Just some random guess? Sure, traders lose cash, especially those ignoring risk management.
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nick.orbitFull Member
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#12Nov 25, 2017, 05:41 AM
You can totally HODL Bitcoin and still trade occasionally. Just need to be smart about it and not dip into your HODL stash too often. Financial discipline is key.
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0xHodlerMember
Posts: 285 · Reputation: 42
#13Nov 25, 2017, 11:37 AM
Sad truth is, many ignore advice like this. People think they can become pro traders overnight, but it’s just like betting luck plays a huge role.
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ape404Senior Member
Posts: 70 · Reputation: 1824
#14Nov 25, 2017, 05:32 PM
Trading always leads to losses. It’s just too risky. A lot of traders start out strong but eventually quit after facing reality. Why stress out when you can just hold and make money?
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CalmMinerFull Member
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#15Nov 25, 2017, 08:59 PM
I’d say some of the best holders are actually successful traders. They use their trading profits to invest long-term. The problem is when traders chase quick money instead of learning the basics.
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stacksatsHero Member
Posts: 404 · Reputation: 2023
#16Nov 26, 2017, 03:03 AM
Telling people to quit trading entirely seems harsh. Trading can be fun if you use money you can afford to lose. Some folks see it as a game.
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alpha2013Member
Posts: 87 · Reputation: 151
#17Nov 26, 2017, 09:47 PM
Trading can be okay if you’ve got a solid stash to start with. I’m all for HODLing, especially during rough market days. If you can profit from trading without risking too much, go for it.
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SilentBearFull Member
Posts: 63 · Reputation: 453
#18Nov 26, 2017, 10:44 PM
Definitely agree with you there. I’ve done both and trust me, holding is way better for long-term gains. Trading may feel good at first, but you can end up losing more than you gain over time.
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ryan23Hero Member
Posts: 57 · Reputation: 2020
#19Nov 27, 2017, 05:04 AM
If there was a simple way to profit from Bitcoin, it’d be HODLing. Trading can get complicated, and not everyone can handle it.
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laser_nodeSenior Member
Posts: 63 · Reputation: 823
#20Nov 27, 2017, 10:36 AM
I can’t understand why people get into trading. Sure, it looks appealing for quick gains, but the risks are huge. Long-term buying is the way to go for consistent profits.
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