Buy Buy Buy or Sell Sell Sell?

[Tmoonz]

Thinking about quick profits in BTC is a kind of foolishness. Not voting on Bitcoin, here I come to you with investment long-term profits. Those who think and cannot think properly & those who invest in Bitcoin must invest with a fairly good idea about Bitcoin. Bitcoin is becoming a trusted crypto model for investing. It is not possible to be unstable here, if you have to think about long-term investments, then it is good. You will see a lot of haste.

Saying Bitcoin is becoming a trusted coin model for investment sounds more like an under statement and some worth belittling the histories and landmarks Bitcoin has left so far considering how it all started till date, it has proven to be among the best if not the best when it comes to long term digital investment asset class, Bitcoin is pretty much a well nice place to put our value even though there is no 100 percent guarantee. This erra is no longer an erra of saying Bitcoin is becoming a trusted coin rather it is an erra of accepting it as an investment model because the good news is no longer hidden but has been seen by the global world.

[obuoma]

A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading.  It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income.  

Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way.  Many traders work pretty hard to build up the capital in  their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities).

Edited to clarify

You are right, many traders fantasize excessively about living off their trading results. Although this is not impossible to realize. But I also believe this is very difficult to do. Because trading is not as easy as we imagine. Maybe many traders misunderstand this ideology (buying when the price goes down and selling when the price goes up). If you don't think about it, it sounds easy. However, in reality this is very difficult to do perfectly. Therefore, to be able to realize consistent profits from trading, in my opinion, will be very difficult. Because apart from that, traders are also sometimes manipulated by whales who have a lot of capital. So for these reasons, I don't think becoming a trader is the right choice. Because being a trader really takes up a lot of our time and also has the potential to waste a lot of our money. So it's better to just invest in bitcoin if you have cold capital. Because investing in bitcoin will definitely feel lighter on our minds.

Trading mentality is always associated with short-term activities. I've never seen a trader who withdraw his proceeds from trading and investors back into Bitcoin, they only withdraw profits to spend them because it's the dividends from their trading occupations.  Most Traders are not holding, so I cannot believe myself that they can stop trading to live off their profits, at least none of those within my friends circle can. When I spend money from my job proceeds, they spend from their trading proceeds, leaving only their capital behind, which seldomly grows, if at all.

So I find it difficult to believe that while I anticipate that one day, at the end of my holding period, that I may have no need to continue working, but live off my investment, that they too can anticipate as well to live off their small trading portfolios, or the profits they don't hold, but spent immediately it came.

Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day.

If I can understand your statement, are you trying to say that traders are more at advantage to know the direction and movement of bitcoin price. Well I will say your assumption is not completely correct because I have seen a bitcoin investor that are not even a trader and he  always  achieved a scenario that play out in terms of bitcoin direction. So the study of bitcoin movement does not depend whether you are a trader or not as bitcoin price movement depends on so many factors.

[Jewan420]

If you say that traders do not invest in Bitcoin or they only use the money from their profits for daily life, I personally cannot say whether this is true or not. Because I'm sure day traders also have an extraordinary interest in Bitcoin. So logically it is certain that they tend to buy bitcoin and invest in it. Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. That's why I'm sure the majority of traders definitely have money invested in bitcoin. Because it seems like this, their daily trading activity is definitely to earn money for their daily lives (although of course it is not consistent). And traders are also definitely aware of the potential of bitcoin in the future, so they will definitely buy bitcoin, if they have the money.

Yes, I agree with you. A trader can be an investor even if he is tempted by small profits. It is not impossible for the same person to be a trader and an investor. But he has to keep his position clear. If he cannot build a wall between trading and investing, then it would be wrong to call him an investor. They know very well how much potential Bitcoin is in the future and believe in it too. But some traders cannot jump into Bitcoin investment due to lack of a prudent source of income.

If you are planning to invest with the money earned from trading, then you are ignoring a fundamental point. Because, trading can never be a prudent source of income. For investing, you must have a prudent source of income or an alternative source of income, considering trading as a source of income for investment, you may face the possibility of losing money or hodling. In particular, I would advise a person to study the risks of the trade carefully before entering a trade and enter it consciously, because the trade is high-risk and the possibility of losing is high.

[SuperBitMan]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.

Are you talking about Bitcoin or you are talking about shitcoins because you are not specific you said buying coin, for clarity if you are talking about shitcoins this thread is not a place for talking about shitcoins so you won't mislead newbies, shitcoins are not something you invest your money into because they are not trust worthy whether you buy them during the dip or not, most of this shitcoins you are seeing are scam, there's a music star called Davido he created a particular shitcoin called Davido when he created it he made the announcement in all his social media platforms and a lot of people especially his fans rushed and started buying the coin and it started growing in value and price so davido being the highest holder of the coin decided to sell off all the coin in his possession and he made huge amount of money from it and that was how the coin fell and stopped growing till date those that bought it lost there money, so shitcoins should be avoided.

If you are talking about Bitcoin that accumulating Bitcoin during the dip is more safe, then you are wrong, as long as Bitcoin is concern there's no safe time to start accumulating and there's no best time, when you start accumulating and holding is the best time.

[Sim_card]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.

Mate, you need to be specific with the word bitcoin, because this is a bitcoin thread and only bitcoin is worth throwing some value into for the future. If you just say coin, it might be misleading to newbies reading your post. We have bitcoin which is unique, and a lot of shitcoins which are for gambling. I hope that you are not talking about shitcoins, if not you will be a big loser in future. If your portfolio is filled with shitcoins, I will advise you to sell of them and invest the money in bitcoin.

Yes buying bitcoin at the dip is the best because you bought way cheaper than buying on top. However, if you are a no coiner and you have your discretionary income to buy bitcoin right away and use weekly DCA to invest regularly with consistent, persistent, and aggressively. You don't need to wait to the dip but just buy it at whatever price bitcoin is because no one knows when the dip will come. Don't go and be waiting for the dip and mise out the opportunity in the market.

Those who are buying bitcoin at high price and plan on a long term goal, already understand that bitcoin is worth throwing some value on and that's why they are buying using DCA irrespective of bitcoin price to build and grow their bitcoin portfolio overtime. Bitcoin is still growing and no matter the price that you buy it now, it doesn't matter but what matters is your consistency, and persistent buying to keep your bitcoin accumulation ongoing, because the future of bitcoin is still young.

[IceLincoln]

Actually, If you can trade and invest, that is your personal matter.

This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

[Bushdark]

Actually, If you can trade and invest, that is your personal matter.

This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

Many traders are facing consecutive losses because they are not really ready to keep doing research that will enhance their progression knowing why the market is behaving in the way it's doing. It is not really all about knowing about Bitcoin and what it does.
We need to understand what is the real force that is pushing price to go and down. This is not really based on only one factor but many which is why as a trader, there is no way your are not going to make losses from trading whether you a pro trader or average trader.


This is necessary because their are many factors that are responsible for price drop and rise. Today downward Bitcoin movement might be because of fud in the market of our going war why the previous reason for the downward movement of Bitcoin might be as a result of new policies that do not support the adoption of Bitcoin. There are many things that are responsible for Bitcoin movement and it's good we understand the real force that is push the price of Bitcoin and cryptocurrency in general.

[mvdheuvel1983]

trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.

I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground.

Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all.

But I believe that Bitcoin is the only long-term investment that is most suitable, because we support Bitcoin as a trusted coin. So entering here I think it is best to never get involved in trading and short-term investments.
Whenever you invest for a short time, if your investment plan is not immediately followed, you can weaken your fortune even more, you will notice Saylor is shouting and making Bitcoin investment long-term and he is holding the most Bitcoin. Seeing his investment, we must invest in Bitcoin according to our ability, the more prudently he can earn, the bigger his investment will be.

Bitcoin has originally being made to be a long-term investment and not a short-term instead, of investing in short-term that will not be ideal why putting your self through all that stress, settle down, re-strategize your life style in terms of how you spend or by making a move to increase your income and start your long-term investment so that you will have a smooth and successful long-term investment instead of buying and selling at every financial issues you find yourself, so that you can invest what you have and not what you do have, Short-term investment is a good as not investing at all.

If you can grow your Bitcoin investment with the belief that it will give you financial freedom in the future, you will continue to benefit positively from it down the road. Basically, to save Bitcoin, you should organize alternative sources of income so that you can continue to accumulate Bitcoin in the long term. Your plan for accumulating Bitcoin should be such that you will continue to do so for at least 4-10 years or more without any outside intervention. That is why it is emphasized and recommended for every investor to have a backup fund available. To keep your investment activities smooth and to hold for the long term, you should have a source of income and at least six months of backup funds.
If you are a new Bitcoin investor, you should start Bitcoin without considering the need to keep a backup fund from the moment you start. As time passes, you will increase the scope of your Bitcoin accumulation and the long-term urge will arise for you to keep a backup fund.

Based on the fact that Bitcoin has a proven track record of longevity there is a possibility of getting financial freedom to any investor who is willing to accumulate Bitcoin for a long period of time, for a long term investor you don't necessarily need to have a huge amount of money for you to keep buying Bitcoin rather you should evaluate the amount you are willing to invest either by weekly or monthly then make it a habit and remain consistent in it you will be shocked to realize the number you have been able to buy within a short period of time. You don't really need a back up funds before investing in Bitcoin all you need is what you clearly mentioned which is your source of income and a private life to keep accumulating Bitcoin until you are able to achieve your goal. For easy investment plans investors are also advised to choose the DCA method it helps the investor to have a stress-free pattern of investment since he will be able to buy any amount and when anytime without minding the price of Bitcoin.

[Lidger]

A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading.  It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income.  

Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way.  Many traders work pretty hard to build up the capital in  their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities).

Edited to clarify

You are right, many traders fantasize excessively about living off their trading results. Although this is not impossible to realize. But I also believe this is very difficult to do. Because trading is not as easy as we imagine. Maybe many traders misunderstand this ideology (buying when the price goes down and selling when the price goes up). If you don't think about it, it sounds easy. However, in reality this is very difficult to do perfectly. Therefore, to be able to realize consistent profits from trading, in my opinion, will be very difficult. Because apart from that, traders are also sometimes manipulated by whales who have a lot of capital. So for these reasons, I don't think becoming a trader is the right choice. Because being a trader really takes up a lot of our time and also has the potential to waste a lot of our money. So it's better to just invest in bitcoin if you have cold capital. Because investing in bitcoin will definitely feel lighter on our minds.

Trading mentality is always associated with short-term activities. I've never seen a trader who withdraw his proceeds from trading and investors back into Bitcoin, they only withdraw profits to spend them because it's the dividends from their trading occupations.  Most Traders are not holding, so I cannot believe myself that they can stop trading to live off their profits, at least none of those within my friends circle can. When I spend money from my job proceeds, they spend from their trading proceeds, leaving only their capital behind, which seldomly grows, if at all.

So I find it difficult to believe that while I anticipate that one day, at the end of my holding period, that I may have no need to continue working, but live off my investment, that they too can anticipate as well to live off their small trading portfolios, or the profits they don't hold, but spent immediately it came.

If you say that traders do not invest in Bitcoin or they only use the money from their profits for daily life, I personally cannot say whether this is true or not. Because I'm sure day traders also have an extraordinary interest in Bitcoin. So logically it is certain that they tend to buy bitcoin and invest in it. Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. That's why I'm sure the majority of traders definitely have money invested in bitcoin. Because it seems like this, their daily trading activity is definitely to earn money for their daily lives (although of course it is not consistent). And traders are also definitely aware of the potential of bitcoin in the future, so they will definitely buy bitcoin, if they have the money.

Bitcoin was a popular digital currency before and today Bitcoin is a popular digital currency. As time goes by more and more people know about Bitcoin. Now the expansion of investment in Bitcoin is not limited only to one class of investors but the expansion of this investment has spread to almost every professional person all over the world. Now a day laborer can invest in Bitcoin, a student can invest in Bitcoin as well as a businessman can invest in Bitcoin. Basically some important investment strategies have made investing in Bitcoin much easier. 

For example, investors used to think that investing in Bitcoin requires a large amount of money, but after DCA investment strategy, an investor can invest any amount of money at any time. I would say it's a pretty good investment strategy. You may see a different trader in front of you but if you look closely you will find that the investor may be involved in investing in Bitcoin. 

I think future generations will know more about Bitcoin and they will invest more in Bitcoin.

[SOKO-DEKE]

Actually, If you can trade and invest, that is your personal matter.

This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

It is always hard for a serious trader to also be a serious Bitcoin holder. Some people engage in both trading and holding Bitcoin, but many of them have lost everything. This happens because, after losing funds while trading, they attempt to recover their losses by using their Bitcoin holdings. Unfortunately, this often leads to further losses.

It is very difficult for someone to succeed as both a trader and a holder at the same time. While you might know someone who is doing fine managing both, many others have tried and ended up with nothing in their wallets. What I want you to understand is this: never believe the people you see online who claim to be successful traders and Bitcoin holders at the same time. Many of them have other sources of income to fund their trading accounts, which prevents them from touching their Bitcoin holdings.

In fact, making money from trading is extremely hard. It’s not that traders don’t make money at all, but the profits are often not as significant as those flaunted online. If you check, you’ll find that many Bitcoin holders are not traders. Trading while holding puts someone at significant risk, as it can tempt them to dip into their holding wallets with the aim of recovering losses or trading with larger amounts.

[Joy- maker]

Actually, If you can trade and invest, that is your personal matter.

This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

It is always hard for a serious trader to also be a serious Bitcoin holder. Some people engage in both trading and holding Bitcoin, but many of them have lost everything. This happens because, after losing funds while trading, they attempt to recover their losses by using their Bitcoin holdings. Unfortunately, this often leads to further losses.

It is very difficult for someone to succeed as both a trader and a holder at the same time. While you might know someone who is doing fine managing both, many others have tried and ended up with nothing in their wallets. What I want you to understand is this: never believe the people you see online who claim to be successful traders and Bitcoin holders at the same time. Many of them have other sources of income to fund their trading accounts, which prevents them from touching their Bitcoin holdings.

In fact, making money from trading is extremely hard. It’s not that traders don’t make money at all, but the profits are often not as significant as those flaunted online. If you check, you’ll find that many Bitcoin holders are not traders. Trading while holding puts someone at significant risk, as it can tempt them to dip into their holding wallets with the aim of recovering losses or trading with larger amounts.

I concur to what you said, because I don't see reason why someone we be investing in bitcoin at the same time trading bitcoin, to me it is not a good idea someone should just focus on one and leave the other to avoid been distracted, because trading can damage someone emotionally, and when someone is damaged emotionally he/she we be thinking on how to get back again to recover his losses which if he/she doesn't have enough money to to fund his/her trading wallet he/she might be tempted to fund his trading wallet from his investment wallet.

But if you must trade and investment at the same there is not wrong with that at least trade wisely to avoid been distracted from your investment journey.

[Proty]

If you say that traders do not invest in Bitcoin or they only use the money from their profits for daily life, I personally cannot say whether this is true or not. Because I'm sure day traders also have an extraordinary interest in Bitcoin. So logically it is certain that they tend to buy bitcoin and invest in it. Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. That's why I'm sure the majority of traders definitely have money invested in bitcoin. Because it seems like this, their daily trading activity is definitely to earn money for their daily lives (although of course it is not consistent). And traders are also definitely aware of the potential of bitcoin in the future, so they will definitely buy bitcoin, if they have the money.

The reason why traders are always timing the market is because they are looking for when the market will be favorable for them to buy and also when it will be favorable for them to trade so that they will not be in loss(that is they want to make quick profit) . This attitude of traders always timing the market to know when to buy and when to trade is not common among  investors, because long-term investors doesn't have to go through this rigorous process of always analyzing and speculating, and reading charts before they start investing in bitcoin, since they are not gambling with bitcoin like traders.majority of the  traders are not really interested in investing in bitcoin but rather their motive is just to gamble with bitcoin and make quick profit within a short period of time.  

[sotelorene]

Actually, If you can trade and invest, that is your personal matter.

This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

It is always hard for a serious trader to also be a serious Bitcoin holder. Some people engage in both trading and holding Bitcoin, but many of them have lost everything. This happens because, after losing funds while trading, they attempt to recover their losses by using their Bitcoin holdings. Unfortunately, this often leads to further losses.

It is very difficult for someone to succeed as both a trader and a holder at the same time. While you might know someone who is doing fine managing both, many others have tried and ended up with nothing in their wallets. What I want you to understand is this: never believe the people you see online who claim to be successful traders and Bitcoin holders at the same time. Many of them have other sources of income to fund their trading accounts, which prevents them from touching their Bitcoin holdings.

In fact, making money from trading is extremely hard. It’s not that traders don’t make money at all, but the profits are often not as significant as those flaunted online. If you check, you’ll find that many Bitcoin holders are not traders. Trading while holding puts someone at significant risk, as it can tempt them to dip into their holding wallets with the aim of recovering losses or trading with larger amounts.

I concur to what you said, because I don't see reason why someone we be investing in bitcoin at the same time trading bitcoin, to me it is not a good idea someone should just focus on one and leave the other to avoid been distracted, because trading can damage someone emotionally, and when someone is damaged emotionally he/she we be thinking on how to get back again to recover his losses which if he/she doesn't have enough money to to fund his/her trading wallet he/she might be tempted to fund his trading wallet from his investment wallet.

But if you must trade and investment at the same there is not wrong with that at least trade wisely to avoid been distracted from your investment journey.

You are actually correct and there is a principle in physics that state that it is practically impossible for one to measure the position and the momentum of an object at same time and even if you do the measurements will not be accurate and same thing to trading and investing at same time, you will be so distracted and I keep asking instead of disturbing oneself and putting oneself into unnecessary pressure why not just safe them by just investing in Bitcoin even if it will take a long time to see a good return but at least it is better than making analysis, speculations and research that may not even be correct.

[DubemIfedigbo001]

However, those who can maintain it for a long time are definitely gain something good. Maintaining DCA is very difficult.I have seen many who have started investing in Bitcoin according to DCA but after a few days they had to stop it. We see many such news, but I feel sorry for them, they could not maintain it until the end. Although it seems easy to continue the investment, this is very difficult. However, there is definitely something good waiting for those who can maintain it.

I find it hard to admit the bolded part. We can say it's challenging and not difficult. Of course Bitcoin accumulation journey isn't a child's play, it demands your commitment, dedication and consistency. This can be perfected with time, perfection and maturity in your investment journey doesn't come instantly.

It's pitiful that some newbies are faint hearted and tend to give up at the slightest challenge, terming it "difficult". If you can discipline yourself to manage your cashflow properly and maintain your investment, then beyond securing your financial future, you must've acquired an important life skill that would drive you to success in other disciplines of life. That's the gold package skill acquisition that comes with being a dedicated investor.

[Bushdark]

However, those who can maintain it for a long time are definitely gain something good. Maintaining DCA is very difficult.I have seen many who have started investing in Bitcoin according to DCA but after a few days they had to stop it. We see many such news, but I feel sorry for them, they could not maintain it until the end. Although it seems easy to continue the investment, this is very difficult. However, there is definitely something good waiting for those who can maintain it.

I find it hard to admit the bolded part. We can say it's challenging and not difficult. Of course Bitcoin accumulation journey isn't a child's play, it demands your commitment, dedication and consistency. This can be perfected with time, perfection and maturity in your investment journey doesn't come instantly.

It's pitiful that some newbies are faint hearted and tend to give up at the slightest challenge, terming it "difficult". If you can discipline yourself to manage your cashflow properly and maintain your investment, then beyond securing your financial future, you must've acquired an important life skill that would drive you to success in other disciplines of life. That's the gold package skill acquisition that comes with being a dedicated investor.

When it comes to investment, what will make you a successful investor is when you have the funds to invest in so many businesses without falling apart. Crypto investment really need lots of funds for you to make huge profits from the market. You cannot compared someone that is buying 10k worth of Bitcoin every week to someone buying $100 worth of Bitcoin every day.

You can see that your success as an investor is based on what you have not your prospect in the future. This is why we keep seeing big whales millions of dollars from cryptocurrency because they have the funds to buy huge amounts of Bitcoin when the price is down and sell when the price goes up. It is not easy to make reasonable profits when you don't have sufficient funds as a crypto investor.
You'll going to end up being greedy because you want to use tiny amount of money to make huge profit from the market.

[MainIbem]

However, those who can maintain it for a long time are definitely gain something good. Maintaining DCA is very difficult.I have seen many who have started investing in Bitcoin according to DCA but after a few days they had to stop it. We see many such news, but I feel sorry for them, they could not maintain it until the end. Although it seems easy to continue the investment, this is very difficult. However, there is definitely something good waiting for those who can maintain it.

I find it hard to admit the bolded part. We can say it's challenging and not difficult. Of course Bitcoin accumulation journey isn't a child's play, it demands your commitment, dedication and consistency. This can be perfected with time, perfection and maturity in your investment journey doesn't come instantly.

It's pitiful that some newbies are faint hearted and tend to give up at the slightest challenge, terming it "difficult". If you can discipline yourself to manage your cashflow properly and maintain your investment, then beyond securing your financial future, you must've acquired an important life skill that would drive you to success in other disciplines of life. That's the gold package skill acquisition that comes with being a dedicated investor.

When it comes to investment, what will make you a successful investor is when you have the funds to invest in so many businesses without falling apart. Crypto investment really need lots of funds for you to make huge profits from the market. You cannot compared someone that is buying 10k worth of Bitcoin every week to someone buying $100 worth of Bitcoin every day.

You can see that your success as an investor is based on what you have not your prospect in the future. This is why we keep seeing big whales millions of dollars from cryptocurrency because they have the funds to buy huge amounts of Bitcoin when the price is down and sell when the price goes up. It is not easy to make reasonable profits when you don't have sufficient funds as a crypto investor.
You'll going to end up being greedy because you want to use tiny amount of money to make huge profit from the market.

Bitcoin investment is not a competition, everyone's investing according to their pocket it doesn't matter whether one invests $10k weekly or $100 daily, it's done according to your income what matters most is consistency and how patient and determined an investor can be towards investing for a full circle, if it was a competition I don't think anyone would've come close to the likes of Saylor or Black that's investing heavily on it without taking profits but then Bitcoin investment is for all class of investors whether whales or Shrimps you don't need to have lots of money or wait till you have a huge amount of income before investing, what it takes is just to have a steady flow of income with a specific amount suitable for the investor to the consistent then he/she is good to go, whether one invest heavily or as small as they can, so far they follow the concept of Bitcoin investment which involves investing for a long-term then they'll still be successful.

[JayJuanGee]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.

It is difficult to know if you are talking about bitcoin or something else, even though we are in the bitcoin section of the forum.  You don't even use the word bitcoin, but instead refer to buying "a coin," which surely, any coin other than bitcoin may well be trading rather than investing, since I cannot think of any other coin worthy of investing into, unless maybe just putting a very small percent, such as 1% or 2% or something relatively low in comparison to the amount that a guy might decide to invest into bitcoin.

If you were referring to bitcoin, then how can any of us determine if bitcoin is at a low or a high price, and does such assessment really matter, if we happen to be investing into bitcoin for 4-10 years or longer, then does it really matter very much if we might start buying bitcoin at $109k, $95k, $80k or some other price, especially if any of us might have difficulties figuring out where the BTC price might go in the short term.

And, a newbie to bitcoin is probably even less able to figure out which way the BTC price might be going in the event that he might consider that waiting might be more helpful than to just get started buying on a regular, persistent, consistent and perhaps even in an aggressive manner. 

Surely, if someone had been investing into bitcoin for 4 years or longer, then maybe his bitcoin stash is getting to such a state that the size of his stash is helping to inform him about whether he might have enough bitcoin, yet if someone had not accumulated much BTC then it may well not make a lot of sense to employ some kind of a waiting strategy rather than a buying strategy.  The best way to prepare for up is to buy some bitcoin, and if a person is ONLY preparing for down, such down might not end up happening, so then they are ONLY prepared for down rather than being prepared for up.

Of course, since you have been registered on the forum since mid-2011, then you likely have plenty of BTC, yet it seems problematic for you to be proclaiming in some generally applicable way that there is some kind of advantage to waiting for dips rather than investing into bitcoin persistently and regularly, especially for most people who are either no coiners or low coiners....and not even referring to shitcoins.. I am talking about bitcoin.  Hopefully you know the difference and are able to speak about bitcoin in ways that distinguish it from shitcoins, since it is likely a big ass waste of time for anyone to consider that they are able to invest into shitcoins, even though you can trade shitcoins, even though that also seems to be a pretty big  distraction away from the strength of bitcoin's investment thesis, which also means that we should not be fucking around with trading if we have been able to identify the most pristine asset that is broadly available, namely bitcoin.

[edited out]

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

That is bullshit.  An overwhelming majority of traders lose, especially over the longer term and an overwhelming majority are not able to do both trading and investing well.

If there were any segregated accounts that attempt to compare traders to bitcoin investors over a couple of cycles, probably less than 5% would be able to have had beaten a straight-forward DCA approach to bitcoin.  Sure in the short term some traders might be able to show all kinds of profits (perhaps luck, perhaps some skill), but having consistent results is not easy, even for some of the traders who might have a lot of good luck and good skills.

I don't have any problem with guys choosing to trade, yet I do have problems with any suggestion that any normal person would be able to be consistently successful in trading without a lot of practice and perhaps even building up some very good cash management systems...and sure anyone can try trading, and likely they are going to be best off to limit their trading budget (perhaps less than 10% the size or their bitcoin investment) while they are getting used to trading an practicing it.

Oh and by the way, a decent number of traders might not know diddly squat about bitcoin besides superficial aspects of it otherwise they would not be so retarded as to try to trade it.  So I would not presume that traders of bitcoin know bitcoin merely because they know things about it and they may know a lot of things, and they might even be some of the smartest people that we know, yet at the same time, they are likely missing some kind of appreciation about bitcoin if they are trying to trade it.

[Cryptoprincess101]

Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy

Actually, If you can trade and invest, that is your personal matter. If you can focus on other things while maintaining DCA while investing on bitcoin, that is entirely your personal matter. But if you cannot maintain DCA while investing in Bitcoin due to focusing on other things, then your investment trend will not be right and you will not be able to control the balance. If you can maintain these, then it is good, but maintaining DCA is the most important thing for investing in Bitcoin, no matter what you do.

Actually, anyone can do whatever they feel is right and works for them but it will be complicated for an investor to combine trading and investing because it will basically lead to distractions such that you may not really balance it up as someone who is using the DCA strategy because you can use the amount meant for your DCAing to trade at some point which will not be right because the reason for the DCA is for you to have a consistent accumulation till you have acquired a huge portfolio so if you keep using your DCA amount for trading, it will delay the time you target to own a big portfolio and it will also draw your accumulation target backwards. So if you find trading good for you, just keep to it then if you also find investing in bitcoin better and preferable you can also keep to it that way instead of combining both trading and investing because it will become problematic for you at some point.

[Zaguru12]

I don't have any problem with guys choosing to trade, yet I do have problems with any suggestion that any normal person would be able to be consistently successful in trading without a lot of practice and perhaps even building up some very good cash management systems...and sure anyone can try trading, and likely they are going to be best off to limit their trading budget (perhaps less than 10% the size or their bitcoin investment) while they are getting used to trading an practicing it.

Oh and by the way, a decent number of traders might not know diddly squat about bitcoin besides superficial aspects of it otherwise they would not be so retarded as to try to trade it.  So I would not presume that traders of bitcoin know bitcoin merely because they know things about it and they may know a lot of things, and they might even be some of the smartest people that we know, yet at the same time, they are likely missing some kind of appreciation about bitcoin if they are trying to trade it.

There is absolutely no way someone will be able to actually get successful with trading without seeking knowledge and most importantly practicing. Before engaging into trading people need to understand the risk attached to losing in it and as such it is best to only use money you don’t need or can afford to lose in trading, No matter how knowledgeable or successful in trading you think you’r,  one should never take loan or borrow money for trading because it will definitely affect your psychology. Also no amount of trading experience actually makes you immune to losing, even if you have some consecutive wins the loss is always going to come that’s why risk management is always the first aspect to learn in trading.

Yes there are traders who combine the two; investing and trading together. Most of them are those who started off as investors before adding this trading to their aspects and after then the funds gotten from trading are invested into holding bitcoin, but this doesn’t guarantee ultimate knowledge, because some of them traders can still take from the invested money when they have exhausted their trading funds

[Makus]

Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy

Actually, If you can trade and invest, that is your personal matter. If you can focus on other things while maintaining DCA while investing on bitcoin, that is entirely your personal matter. But if you cannot maintain DCA while investing in Bitcoin due to focusing on other things, then your investment trend will not be right and you will not be able to control the balance. If you can maintain these, then it is good, but maintaining DCA is the most important thing for investing in Bitcoin, no matter what you do.

Actually, anyone can do whatever they feel is right and works for them but it will be complicated for an investor to combine trading and investing because it will basically lead to distractions such that you may not really balance it up as someone who is using the DCA strategy because you can use the amount meant for your DCAing to trade at some point which will not be right because the reason for the DCA is for you to have a consistent accumulation till you have acquired a huge portfolio so if you keep using your DCA amount for trading, it will delay the time you target to own a big portfolio and it will also draw your accumulation target backwards. So if you find trading good for you, just keep to it then if you also find investing in bitcoin better and preferable you can also keep to it that way instead of combining both trading and investing because it will become problematic for you at some point.

One major fact about holding for long term is the consistency, that's why it's advised you have a source of income so you don't get distracted by other expenses and using your bitcoin to substitute for those lapses. Provided you use a strategy that works well for you it's a go ahead but never combine trading and investment  together because the result will always end up being catastrophic.  It's equivalent to you saying, you want to gamble and make serious investment at thesame time, from same source. What happens  if you get addicted to the gambling(trading) you'll only suffocate your investment to fuel the passion you've developed for trading which is not a good experience any bitcoin enthusiast should hope for. However in bitcoin investment, long term holding is the key to success and a happy investment life and process where you can learn a lot from. Now its left for you make the right decision by only investment for long term or try trading and end up in regrets which is actually time wasting.