Community Trust ScoreVerified
In a random twitter survey someone asked how many of you trade Bitcoin Derivatives? Only spot was 29.3% spot/futures 11.9% spot/futures/options 3.7% Don’t trade just HODL 55.1%
So, it just looks like 55.1% are not trying to make any kind of short-term profits with their BTC. Many holders believe that it is better to be a holder with a large part of BTC heritage. However, the practical reality is that it is okay to make use of a part of the asset to negotiate a small part to gain liquidity in Bitcoin.
The reality is that those who do nothing with their BTC are actually brainwashed. When HODLers take all the BTC, put into cold storage, there will NOT be enough liquidity in the market for traders to make profit. Traders, wealth funds, and BTC bashers will also become hodlers.
Then, there are those guys who are steadily accumulating BTC over years by DCA. And, they have been like: No one wants to get poor, no one wants to suffer, no one is destined for pains. We all have to strive hard to achieve our goal in life because success waits for one another. A bold step of positivity bring about a huge ways to success. We’ll should invest in crypto now.
While holding is good, holders need to be taught how to grow their crypto assets. The market is really profitable as it goes up or comes down. There are some very good strategies which one can use to get profits both ways, but very few people know about these strategies. And, there are few who try it real time. Those who know how to play the game well know the benefits of using a highly unstable currency.
When volatility kicks in BTC holders less than 1 year are selling, and BTC holders over 1 year are buying. There need to be some education about making profits. People need to know that profits is not only about accumulating he wallet. The most impressive thing can be filling the wallet with true profits made from trading.
And, some of them are holding just because the price is down and when the price came up to a better level than what actually they bought it for, they are going to simply dump.
And there are times when Bitcoins get withdrawn from the exchanges at a rapid rate. The exchange outflows and inflow has something to do about the price and of course market makers – all the time.
The method to keep track of such transactions is to keep track on the whale alerts. It is important to know how the whales react in the bull and the bear market.
