Buy Buy Buy or Sell Sell Sell?

[Sim_card]

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, bu I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

Making profit in trading is easily said than done so don't get it twisted that trading will favor some people more than investing because traders will definitely run at loss in the long run. In the beginning, you can be making little little profits but on bad trade that goes against your position will wipe out your entire profit. Are you not in the market to see how traders are being liquidated due to the tariff aar between US and China.

It will be annoying, frustrating and disappointing that you have wasted your time, energy and resources trading and at the end, you lose it all to the market. I don't want to choose that path of line in the cryptospace. Newbies should only focus on investing into bitcoin and hodli for long term. Buy gradually, regularly, persistently and consistently, and if possible aggressively to accumulate as many bitcoin as possible for your future.

Trading steals your time and resources because in the long run a trader will end up with little or no bitcoin because they followed the wrong path. Which is the opposite for a long-term investor. Investing is much more easier than trading because you are only buying with your discretionary income and hodli without paniv.

[Proty]

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, bu I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

Making profit in trading is easily said than done so don't get it twisted that trading will favor some people more than investing because traders will definitely run at loss in the long run. In the beginning, you can be making little little profits but on bad trade that goes against your position will wipe out your entire profit. Are you not in the market to see how traders are being liquidated due to the tariff aar between US and China.

It will be annoying, frustrating and disappointing that you have wasted your time, energy and resources trading and at the end, you lose it all to the market. I don't want to choose that path of line in the cryptospace. Newbies should only focus on investing into bitcoin and hodli for long term. Buy gradually, regularly, persistently and consistently, and if possible aggressively to accumulate as many bitcoin as possible for your future.

Trading steals your time and resources because in the long run a trader will end up with little or no bitcoin because they followed the wrong path. Which is the opposite for a long-term investor. Investing is much more easier than trading because you are only buying with your discretionary income and hodli without paniv.

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

[JayJuanGee]

If a person is investing into bitcoin 4-10 years or more, then why would it matter very much if he bought at $75k, $110k, $126k or some other amount, especially if he is still early in accumulating his bitcoin (meaning that he hardly has any bitcoin).

sure any of us would prefer to buy bitcoin cheaper, but there is no guarantee that bitcoin prices will go cheaper than they are right now, and even if they do, if a person planning on keeping on buying, then he can buy as the price goes up and/or down, including buy more if the BTC price goes down, but still be prepared in case the BTC price goes up from here, rather than going down.

I think it doesn’t matter if an investor is buying bitcoin for such amounts like you have mentioned even buying bitcoin for $120k or $126k, because investing for 4-10 years which is a good number of year for investing in bitcoin, because we plebs are trying to buy and accumulate bitcoin on a consistent basis, because I would prefer buying bitcoin at $120k or $126k instead of not buying at all and be waiting for a dip which i don’t know when a dip is going to come, I know most people wants to buy bitcoin on a cheaper market price, because the price of bitcoin usually fluctuates and the price of bitcoin is not steady because it goes up and down, so we can always buy bitcoin through the DCA on a consistent basis, and we can also buy more when the price of bitcoin is also down and that gives an opportunity to buy more at a cheaper price, which isn’t a very bad idea, so we should always be prepared in case the price of bitcoin goes up and down.

Maybe a guy has a system set up that he buys every week on Wednesdays, and the amount that he buys tends to be between $25 and $175 depending on how much money he has available, and most of the time, he ends up buying around $100.

He could see the price dipping and decide if he is going to buy on Wednesday or wait, and if he waits, then he knows that the following Wednesday he will have additional money coming available.

If he is disciplined, he likely will buy at least $25 no matter what, even if there might be some weeks that he might choose to hold back some of the value and to wait for a dip.. yet his waiting for a dip might not be a good idea... so each person has to decide how he is going to manage his budget and how much priority he gives to ongoing buying or if he thinks that there might be some advantage in waiting for further dips that might or might not happen.

What's your take on this? Given the period we're in is it buy time or sell time?

I want to believe that you are referring to bitcoin. Therefore, if you think long term, you are in the buy and hold period. If you think short term you are in the panic and sell period.

This is the best way I can think of it.

"It's a buyer's market, but timing is key. With market volatility, consider buying during dips or retracements. Keep a close eye on trends, set clear entry and exit points, and prioritize risk management. Stay informed, adapt to market shifts, and be patient. Buying low and selling high requires strategic planning and discipline."

What are you saying dude, i see you are mixing both trading and investment together and you can easily confuse yourself and some people who can not be able to differentiate what you are saying. Timing the market is what traders does and not investors and it is a total waste to time the market because no matter how you time it you can not get the exact movement or direction. Risk management and patient are among the things an investor needs to scale through In their Bitcoin investment because if you are not patient enough you would sell quickly making you a trader and you don't have to over invest that is going outside your discretionary income it is wrong.

If the discussion does not consider the difference between investment and trading, then I think this discussion can definitely confuse an investor, so we should try as much as possible to discuss only investment. I do not understand how investment and trading become one because there is a lot of difference between trading and investment. Trading means buying and selling as quickly as possible. However, in the case of investment, it is not usually about selling quickly, but about holding deeply all the time. Although a trader can trade with other coins in the market, an investor always has to choose the right coin for investment and Bitcoin is always a reliable and right coin for investment. Those who have a good idea about investment will never put their money at excessive risk, that is, they will never trade. So I think we should come out of the thought of trading and think about investing in Bitcoin.

Your definitions of the difference between investing and trading is filled with confusion and overgeneralizations that devolve into a lot of nonsense.

Furthermore, this thread is not exclusively about investing, even if you wished that it were.  The thread started out as a thread that was considering short-term trading ideas, so even though guys ahve been tending to emphasize the importance of investing rather than trading in this thread, the thread cannot feasibly be converted into a trading thread.. and even author of OP, has not even continued to be active in this thread.

One thing I know is that you can be a long-term bitcoin investor and also a bitcoin trader, I have a friend who is a long-term bitcoin investor and he also trade but he does trading just for fun, and he does not do trading always some weeks when he receive his salary he may decide not to trade for that week and use all the discretionary income he has to put in his long term Bitcoin investment, he only trade when he wants to have fun if you trade like that you won't have any problem, when you start having problem is when you use trading as your only investment or source of income that is when you face financial issues because trading is very risky because of the high volatile nature of Bitcoin.
Bitcoin long term investment is the most safest and less risky form of Bitcoin investment will have in the world right now.

Saying that someone does trading just for fun simply means that the person is willing to risk losing his Bitcoin just for fun which makes no sense, we've talked about Bitcoin being a long-term investment option over here times without number and I'll still stand on that ground that Bitcoin has nothing relating with trading cause of it's risk factors which is very high, traders are short-term profit takers while Bitcoin investment requires investors to wait patiently for a longer period before taking profits so they don't relate and the earlier your friend recognised that the better for him.

Personally, I prefer investing to trading, especially bitcoin, and I think that guys should be striving to limit the amount that they trade bitcoin to no more than 10% of the size of their bitcoin holdings, without cheating in terms of ongoingly adding to their trading stash from their bitcoin when they are losing their trades...

So surely trading tends to be a risky proposition that could distract a person from exercising discipline and minimizing his odds of devolving into gambling and/or overly losing his bitcoin holdings.

Guys can also frame their bitcoin trading in terms of shaving off dollar profits, so maybe if they are holding and investing with 90% of their income and so they are constantly adding 90% of their income to their bitcoin investment side of their portfolio(s), they also could be profiting in dollars from the trading side, yet I doubt that they are going to even come close to being able to match or to beat the returns of the investment side, especially after a couple of cycles.. .of course, guys can do what they want and make their own decisions, and they can employ their own accounting techniques in order to determine their level of profits and/or whatever segregation that they may or may not end up making between their accounts.

[Always-Late]

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

[SuperBitMan]

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, bu I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

Making profit in trading is easily said than done so don't get it twisted that trading will favor some people more than investing because traders will definitely run at loss in the long run. In the beginning, you can be making little little profits but on bad trade that goes against your position will wipe out your entire profit. Are you not in the market to see how traders are being liquidated due to the tariff aar between US and China.

It will be annoying, frustrating and disappointing that you have wasted your time, energy and resources trading and at the end, you lose it all to the market. I don't want to choose that path of line in the cryptospace. Newbies should only focus on investing into bitcoin and hodli for long term. Buy gradually, regularly, persistently and consistently, and if possible aggressively to accumulate as many bitcoin as possible for your future.

Trading steals your time and resources because in the long run a trader will end up with little or no bitcoin because they followed the wrong path. Which is the opposite for a long-term investor. Investing is much more easier than trading because you are only buying with your discretionary income and hodli without paniv.

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

Yeah you are right no investor or trader can be too sure of the direction of any market they are predicting because it is impossible to get the exact prediction or be too sure of a prediction, sometimes those people that usually say that if you put in effort you will usually know how a market will go they may be right however just like I said you can never be too sure of your prediction and that is why you see expert in Trading lose money because no one is too sure of a prediction.
Yeah you are right when you said trading is more like a gambling, in gambling you predict and then you lose or win in Trading you credit and then you lose or win it has the same features however it is not exactly the same it is totally different.
Those people you see gambling with Bitcoin are doing that because of the casino they are gambling with if it is a crypto casino they just buy Bitcoin and then use it for the purpose of gambling this set of people may still have their bitcoin investment going on for them and they may even be very consistent with their investment everyone has their own way of finding happiness, gambling is done for fun for some set of people.

[Fara Chan]

<<<

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

People who have realized that being a long-term investor by holding Bitcoin can be more profitable will never delay investing immediately when they are prepared. Because when it comes to trading, anyone can do it with other things without having to sacrifice the Bitcoin they've already purchased for investment purposes. Especially if the goal of both is to make a profit, regardless of the size of the profit. However, when it comes to Bitcoin, I also prefer to hold it and not necessarily use it for trading, because Bitcoin is always more worthwhile to hold and also more worthwhile to buy to increase the amount in one's wallet.

[JayJuanGee]

One thing I know is that you can be a long-term bitcoin investor and also a bitcoin trader, I have a friend who is a long-term bitcoin investor and he also trade but he does trading just for fun

Dude are you for real, you mean someone does trading for fun? I know about this in gambling, there are some gamblers that gamble for fun,  infact when you trace down to the root of gambling, you will know that gambling was actually created for fun and it is adviseable for people to gamble with what they can afford am sorry because I have deviated to some extent from the  discussion and I must say that am sorry @JayJuanGee but I want to correct an impression here, @SuperbutMan don't think anyone tades for fun, so you.mean that someone can just trade bitcoin for fun knowing how valuable bitcoin is, even though your friend tell you that,

Whether we call it trading or gambling.  It seems that SuperBitMan is correct that some guys may well segregate part of their bitcoin holdings and/or create separate funds in order to trade "just for fun," as SuperBitMan describes. 

Whether or not they are profitable and/or if they are smart and/or if they are sufficiently accounting for their gains/losses may well be another story.

I don't think such friend is telling you the sincere truth, he is actually trading for the money, don't think anyone that trades jokes while doing that, I agree that there are investors that trades and still holds but it is risky because trading is addictive, such investor may not keep up with his hodking, a day may come when he may start tampering his investment for trading purposes,
 

You are correct Rockson1 that trading will have tendencies to devolve into gambling, yet there are also likely ways that trading can be done in ways that is methodical and does not devolve into gambling.  I don't recommend trading/gambling, yet at the same time, I can recognize/appreciate that there are likely a relatively small number of traders (perhaps 5% or so) who are able to create systems in which they are not devolving into gambling and they are assuring that they are profitable with the various ways that they leverage and/or hedge.

that is why investors should practice trading no matter how they think they can be able to handle the two, trading might make investors to derail from the plan they had earlier, this may lead to serious regrets.

I agree with you, here.  Trading is a slippery slope that can be difficult to control if a person is not able to put limitations and boundaries upon it, and even have ways to segregate and/or limit their losses.  At the same time, some  guys are able to learn from practice, even though they are likely to be small in numbers - even though several traders likely end up devolve into thinking that they are in the small group of traders who are profitable and able to control/limit their trading, so there are likely a good number of traders who consider themselves to be way more talented than they are.

The reason behind trading is purely for short term profit. Trading is motivated by making quick profit and most of this  person doesn't have a good understanding of what bitcoin is. Just like what you have mentioned, probably most of them maybe viewing bitcoin as a Ponzi or sort of Ponzi related scheme. So with this mindset the thought of holding for long term won't really be there rather they would won't to gamble with bitcoin and end up exposing there assets to a very greater risk.

There is no shortage of people, there are many who think that Bitcoin is an easy way to make a quick profit, but it never happens as they think, and Bitcoin will never bring anything they expect. They should first understand that Bitcoin is a long-term investment, and when investing in this asset, you must make the decision to invest with a long-term mindset as well as the risk in mind. The success of Bitcoin is never guaranteed, we only have to have faith in the future of Bitcoin and rely on this faith to drive long-term investment. Those whose real objective is only short-term profit, never understand the true potential of Bitcoin, and for this reason they can never achieve long-term success.

You are right about Bitcoin and your understanding of the need for long-term approach highly commendable. It's such a shame that some people still think that Bitcoin is something they can jump into and become rich the next day, an idea that have recked many greedy investors because they end up selling at loss when their expected quick profits is not forthcoming.

I admire those who bought and held Bitcoin from 2016 and downward because those were the most challenging times of Bitcoin where there were so many uncertainties. If they could buy and held since then and we have seen how rich and successful they have become, I wonder how someone in 2025 will not want to buy and hold and will be doubting Bitcoin or still looking for quick profits when it is obvious that the gain is in holding.

There have always been challenges in bitcoin, and surely there are a lot of people who come around to recognizing the value of investing into bitcoin at various points in time.  Some folks take longer than others before they finally come to appreciate the value of building up their bitcoin holdings.

I am not going to say that anyone from any particular bitcoin era is superior to others, since people will be at various points in their life when they first hear about bitcoin, and some folks may well be in a position of being receptive and ready for bitcoin, and other people may well have other things going on in their lives, and so they might not be in a position to be receptive and/or ready for bitcoin.

For myself, I can recall some times in my life in which I was really busy with various kinds of activities related to work and/or some hobbies that I had at that time, and so I can recognize that there would have had been various points in my life in which I would not have had been ready to look into bitcoin enough in order to be willing to invest into it; however, part of my own luck in late 2013 was that I was specifically in a place in which I was specifically looking for an investment that was like gold and was a hedge against the dollar, and so when I heard about bitcoin, it did not take me very long to recognize that bitcoin was something that I thought was able to fit within the thing that I was looking for in order to hedge the various other investments that I had at the time...

so in some sense, I was very lucky when I got into bitcoin because I was at a place in my life both financially and even psychologically that I was receptive to learning about bitcoin and even being able to put some value into bitcoin while I continued to study it.  Surely my view of bitcoin in late 2013 is not exactly the same as my view is today, since it seems that I have learned quite a few things about money and even bitcoin and even various other bitcoin-related and bitcoin tangential matters, yet there are some of my core understandings that have not really been changed, and perhaps there is some luck and even some reframing of history in my own recollection of where I was at when I first started to study bitcoin and started to take action (and make plans) in regards to my earliest times of investing into bitcoin.

Sometimes I really wonder what would convince a person to trade bitcoin, it's not a very smart decision and it's not even profitable and looking for something profitable is what pushes people into trading so why trade when you would most likely not get any profit out of it.

The truth is some people make decisions blindly, or should I say they're just being too hasty to make profit. Because I also keep wondering why a guy will chose to go into trading that you can't take your eyes off the Market for some days, this makes we think that trading is even more stressful than most of this monthly pay jobs because it requires a lot of attention. Imagine something that requires alot of one's attention is what most people are still prioritizing over Investment that you can only showed up once is time to make your purchase then after making your purchase  you just go offline, though everyone have the right to decide what is best for them those who have decided to trade with bitcoin instead of focusing on the long term investment knows Best.

It's not that trading is not good, but the thing is that you have to know that trading need serious training and it's training will take you a couple of days before you understand it better, why some traders record a lot of losses, is due to they are not being trained well before they go into trading, some people is making turns of profit every day in trading, why they make make profit is because they acquired the skill of trading very well, why people that lose that much in trading are people who doesn't have basic knowledge of trading and join

If someone don't have the ideas of trading, the person shouldn't bother to trade, it's better for the person to buy Bitcoin and hold, that will be more safer than trading for something you know nothing about, buying Bitcoin and hold will is preferable than trading if you are novice in both.

It seems to me that trading likely takes a lot of learning and practice before figuring out various ways to potentially make it work so that you are not overly losing money, and some folks are likely to be more challenged in their abilities to trade in a way that is going to help them to be prepared for price moves in either direction... .. and so I doubt that anyone even comes close to developing good trading skills and practices in a matter of days or weeks - even if they might take approaches to trading that involves starting out with smaller amounts prior to perhaps increasing the amounts that they are staking (putting at risk) in their trades.

[Grace333]

It's not that trading is not good, but the thing is that you have to know that trading need serious training and it's training will take you a couple of days before you understand it better, why some traders record a lot of losses, is due to they are not being trained well before they go into trading, some people is making turns of profit every day in trading, why they make make profit is because they acquired the skill of trading very well, why people that lose that much in trading are people who doesn't have basic knowledge of trading and join

Why are you saying trading is good? Are you trying to confuse? The new investors here will be confused if you give more importance to trading than investing in Bitcoin. Those who trade basically risk losing all their money, so the Bitcoin DCA method is the best and the money will be deposited and can be kept for a long time.

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, but I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

Trading isn't good at all. For the fact that you're making little money out of it doesn't qualify it to be a good strategy of making profits in Bitcoin. Let me tell you, buying Bitcoin and later sell it for quick profits isn't the right strategy to accumulate Bitcoin,so I totally disagree with you. Trading isn't a skill & it's quite similar to gambling that no matter your years of experiences,you may likely lose all your funds in an attempt to predict/outsmart the market. Anyone that chose to trade his Bitcoin even after knowing the risks involved is absolutely a greedy person in nature. Trading your Bitcoin for quick profits is bad,the right approach to invest in Bitcoin is to Buy & Hodl for the long term.

Yeah that is it, trading might look smart from the outside, but in reality, it is way too risky and unpredictable..  No matter how good you thinks you are, one bad move can wipe everything out…. It is true most traders are just trying to outsmart the market, but in the end, the market will win..

Buying and holding Bitcoin long term makes way more sense because it removes all that unnecessary stress and emotions..  Instead of trying to make quick profits, you just let time do the work…. That is how real wealth in Bitcoin is built, patience, not constant buying and selling..

[Tungbulu]

that is why investors should practice trading no matter how they think they can be able to handle the two, trading might make investors to derail from the plan they had earlier, this may lead to serious regrets.

I agree with you, here.  Trading is a slippery slope that can be difficult to control if a person is not able to put limitations and boundaries upon it, and even have ways to segregate and/or limit their losses.  At the same time, some  guys are able to learn from practice, even though they are likely to be small in numbers - even though several traders likely end up devolve into thinking that they are in the small group of traders who are profitable and able to control/limit their trading, so there are likely a good number of traders who consider themselves to be way more talented than they are.

You know one thing about trading? It’s got this deceptive appeal, like it gives one that illusion that they’ve actually mastered the art and that they’re now in control, and this is often after a few lucky wins. The truth of the matter is that, the crypto market is very volatile and unpredictable too, and what one may think is skill might just turn out to be nothing but a short term success lol. Some get too confident and overly optimistic and dependent on their so called skills, which often leads them to overexposure and emotional decisions and this mostly lands them in a very heavy loss.

The reason why trading or gambling is particularly very tricky and difficult to navigate is the psychological aspect of it, the adrenaline rush, the tendency to chase losses and hope of recovery. Trading as we know requires way more discipline and predefined limits, because these are things that helps prevent it from being just another psychological trap. And this is the exact reason why most people who actually succeed often treat it more like a risk management rather than fortune seeking. Their priority becomes to manage their emotions, protecting their capital at all cost and accepting whatever losses that come and consider it as part of the game.

I totally agree with you that only a smaller percentage of traders manages to stay consistent, and this is only possible with several years of failed attempts and reflection, not just about how talented they actually are, but about how much level of discipline they’ve managed to attain as well as the ability to stop themselves from jumping into the market without carefully examining their individual positions. Most of the people who remained consistent have learned the hard way that it’s mostly not about prediction or how good your analysis are but mostly about control.

[Sonia_123]

It's not that trading is not good, but the thing is that you have to know that trading need serious training and it's training will take you a couple of days before you understand it better, why some traders record a lot of losses, is due to they are not being trained well before they go into trading, some people is making turns of profit every day in trading, why they make make profit is because they acquired the skill of trading very well, why people that lose that much in trading are people who doesn't have basic knowledge of trading and join

Why are you saying trading is good? Are you trying to confuse? The new investors here will be confused if you give more importance to trading than investing in Bitcoin. Those who trade basically risk losing all their money, so the Bitcoin DCA method is the best and the money will be deposited and can be kept for a long time.

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, but I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

often times when I put on the radio, I always hear several advertisement about Bitcoin and so much emphasis on the need for adequate mentorship or training before anyone begins to indulge in proper trading, this was several months ago before I joined this platform,

I used to think it's just one of those people that are just looking for people to reap off but now I understand perfectly because I have experienced how frustrating it is when you think you can just start trading without learning the basics, it's just like a soldier who want to learn how to shoot in midst of the battle field, trading is just like an institution and just like an institution you have to know what it take to thrive in it.

Either learning and knowing the basis of trading, it is advisable to stay out of trading, because the loss is always huge and very frustrating, after all  resources being spent you end up with nothing but disappointment therefore one should only focus in buying and accumulation of bitcoin, because you cannot get all it takes to be a successful trader, even those involved and claims they are professionals in trading still gets themselves involve in a very huge loss, how much more a learner, but you don't find things like this in bitcoin investment instead you make profit no matter how little you chose to invest with.

Losing all you have laboured for within a twinkle of an eye does not make you financially stable but heart break and problems, focus on investment of bitcoin not trading.

[woez]

Either learning and knowing the basis of trading, it is advisable to stay out of trading, because the loss is always huge and very frustrating, after all  resources being spent you end up with nothing but disappointment therefore one should only focus in buying and accumulation of bitcoin, because you cannot get all it takes to be a successful trader, even those involved and claims they are professionals in trading still gets themselves involve in a very huge loss, how much more a learner, but you don't find things like this in bitcoin investment instead you make profit no matter how little you chose to invest with.

Losing all you have laboured for within a twinkle of an eye does not make you financially stable but heart break and problems, focus on investment of bitcoin not trading.

People who lose their base are the type who like to explore and try anything they might consider an alternative option to increase their profits in investing or trading before deciding to hold it long-term. The ups and downs are also a bit easier if they'd rather accumulate from the start.

The question arises: "Why didn't I do it from the start and just stick with BTC after seeing its performance?" The mistake isn't a lack of understanding or knowledge, but rather a lack of concern and the assumption that it's not necessary. We're the ones waiting for the plane with the initials BTC to arrive, not the plane that will wait for us as passengers. Large sums of money are built slowly with real work and don't expect get a serious salary from a relaxed work.

[laspol65]

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

If you save in Bitcoin for the long term and invest in Bitcoin according to the DCA method, you can definitely make more powerful profits. Because Bitcoin is the only one that is most compatible with the DCA method, where not every investor has enough money. So that investor cannot invest at once, it is reasonable for him to buy Bitcoin every week with some of his income. Not everyone is rich in this world, so if you invest in Bitcoin according to the DCA method, both the rich and the poor can hold Bitcoin and hold it for a long time.

[ruykeri]

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

There are some reasons why trading and gambling are called the same. Trading is called a type of gambling because some of the basic things are the same. If someone invests in Bitcoin for a short period of time or holds it, it is basically called trading. Now the point is that if you invest in Bitcoin for a short period of time, the probability of success is 50%. It is like a betting, you will either win or lose. There is both greed and fear in short-term investment, which is also present in gambling. The thing you said about trading in this market analysis  is that it is also similar to gambling. For example, a gambler analyzes a lot about the teams  participating in a football match, makes decisions based on data and information, and then bets on them, but they lose. There are many such examples. Similarly, the Bitcoin market is also like that. Here, in the short term, no one can ever say what the price of Bitcoin will be in the short term. Many people bought Bitcoin before October because of the high price, but the valuation of Bitcoin did not increase as expected this month. Therefore, most traders are seen losing like gamblers and sometimes winning. For all these reasons, trading in Bitcoin is called a kind of gambling. But at the end, you raise a good point that it is better not to encourage trading too much.

[7juju]

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, but I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

often times when I put on the radio, I always hear several advertisement about Bitcoin and so much emphasis on the need for adequate mentorship or training before anyone begins to indulge in proper trading, this was several months ago before I joined this platform,

Advertisement about bitcoin? That's strange who does the advertisement just curious, because the last time I remember bitcoin was still decentralised so I wonder the body that is advertising for bitcoin. The advertisement you are talking about might probably be people that are advertising their Forex trading academy or trading school. These are third parties that are always looking for people to come invest their money with them so they can teach them trading and also help those  who can't trade on their own trade on assets like gold, crude, bonds and others, bitcoin included. Don't mistake that for advertising for bitcoin. Bitcoin don't need any form of advertising to keep trending.

[barisbilgili]

Trading is good for people that choose to trade, why investment is more convenient and comfortable, it depends on the decision of person that wants to invest or person that wants to trade,  I know that what we discuss here is about investment and I'm not going contrary to it, but I put it to you that anyone can choose what it finds better to do, some people investment don't favour them but skillful work like trading favours them, that is what I want you to understand.

often times when I put on the radio, I always hear several advertisement about Bitcoin and so much emphasis on the need for adequate mentorship or training before anyone begins to indulge in proper trading, this was several months ago before I joined this platform,

Advertisement about bitcoin? That's strange who does the advertisement just curious, because the last time I remember bitcoin was still decentralised so I wonder the body that is advertising for bitcoin. The advertisement you are talking about might probably be people that are advertising their Forex trading academy or trading school. These are third parties that are always looking for people to come invest their money with them so they can teach them trading and also help those  who can't trade on their own trade on assets like gold, crude, bonds and others, bitcoin included. Don't mistake that for advertising for bitcoin. Bitcoin don't need any form of advertising to keep trending.

It seems like this is just a misunderstanding, some companies do advertise Bitcoin investment or trading on their platforms and for some people who don't know Bitcoin, they think it's a Bitcoin advertisement.lol

For someone who is not familiar with Bitcoin, don't be too rigid in thinking that investing in Bitcoin is difficult, just look at the price movements of Bitcoin from time to time and I am sure everyone will have the same belief that the price will continue to occur in the future so there is no need to doubt investing in Bitcoin.

And for trading, I don't think it's easy, so it would be better for those who don't have sufficient knowledge to not trade yet. It's better for us to invest for the future. Buy Bitcoin slowly with the existing financial capabilities and continue to accumulate, then in the next few years there will be many profits that can be obtained, it's very easy.

[Tonimez]

[Edited out]

It seems to me that trading likely takes a lot of learning and practice before figuring out various ways to potentially make it work so that you are not overly losing money, and some folks are likely to be more challenged in their abilities to trade in a way that is going to help them to be prepared for price moves in either direction... .. and so I doubt that anyone even comes close to developing good trading skills and practices in a matter of days or weeks - even if they might take approaches to trading that involves starting out with smaller amounts prior to perhaps increasing the amounts that they are staking (putting at risk) in their trades.

Trading is a very hectic process which still lacks assurance of success no matter the length of time spent learning the act. Trading is gambling and just like gambling, no matter your years of experience, you have not escaped the chances of loosing all your assets. Any business that experiences does not mitigate losses to a very greater percentage is not worth doing.

During the previous week's bitcoin price backlash, there were so many rumours of multiple suicide cases due to lost finances by various experienced traders and influencers. That alone is enough to let anyone to understand that bitcoin trading is like playing with fire, and if you are not willing to loss your money, then you better stay off. Another thing about the losses that comes with bitcoin trading is that you can never be very used to it that you no longer care about how much money you loss. Every single loss hits differently and the worst could happen when you least expect it.



Here is a Enough reason why I would always prefer a buy buy bitcoin approach. Bitcoin HODLing is a less stressful practice as long as you invest with your discretionary income, you wouldn't even feel too much urge to sell your bitcoin stash anytime soon. So far, since the advent of bitcoin, time has always favoured bitcoin price. This is why bitcoin enthusiasts should forget greed and follow bitcoin investment instead of gambling all day and waking up one morning to nothing when bitcoin has done nothing but only being volatile in Its own way. Traders loose their finances daily, but no matter how low the price of bitcoin goes even as low as the 2014 MT GOX incidence when bitcoin was referred to as the worst investment of the year, it still resurrected back to life. When you are ready to HODL through 4 to 10 years across bitcoin cycles, then you may never experience losses in your bitcoin career (Even though it is not 100% guaranteed).

[Bigjoe33]

that is why investors should practice trading no matter how they think they can be able to handle the two, trading might make investors to derail from the plan they had earlier, this may lead to serious regrets.

I agree with you, here.  Trading is a slippery slope that can be difficult to control if a person is not able to put limitations and boundaries upon it, and even have ways to segregate and/or limit their losses.  At the same time, some  guys are able to learn from practice, even though they are likely to be small in numbers - even though several traders likely end up devolve into thinking that they are in the small group of traders who are profitable and able to control/limit their trading, so there are likely a good number of traders who consider themselves to be way more talented than they are.

You know one thing about trading? It’s got this deceptive appeal, like it gives one that illusion that they’ve actually mastered the art and that they’re now in control, and this is often after a few lucky wins. The truth of the matter is that, the crypto market is very volatile and unpredictable too, and what one may think is skill might just turn out to be nothing but a short term success lol. Some get too confident and overly optimistic and dependent on their so called skills, which often leads them to overexposure and emotional decisions and this mostly lands them in a very heavy loss.

The reason why trading or gambling is particularly very tricky and difficult to navigate is the psychological aspect of it, the adrenaline rush, the tendency to chase losses and hope of recovery.

Personally, I know myself and I know what I can do or what I would love to put in my time and energy in. Ever since I got to this forum August last year, u have learnt a lot from discussions here and with a clear cut decision, Trading is not what I would want to venture into anug more as am not in for all its time in and out on the screen, reading and studying charts and all of that, and at the end, nithiyis really promised, one wrong move, or just volatility, all struggles are gone. I can't afford to risk my peice of mind or sanity for trading, Hell NO! I rather stick with bitcoin investment, accumulating consistently using the DCA strategy from my discretionary income, with a long term deal and plan, while pushing for other hustles and increased income.

I sound this way because some months backs, a friend was trying all hard to put into trading ways, showing me charts and winnings and all of that, speaking of how profitable it can be. I just told him am not interested, sharing just a bit of my list experiences previously.  Just few weeks ago, he called and was asking for a way out for a financial assistance, stating that he lost all his money and savings in the trading and is stranded financially in his business presently. I really felt bad for him but I couldn't help out at that time because I had no extra cash on me to assist, owing to the fact all income coming has already been allocated and there was no spare cash at the moment he called.

 You see that he went all into trading with his main income, even with his business money, who does that?; Isn't that the highest level of foolishness in taking risk? Some traders are so greedy and blinded with making gains and forget that they can as well loose everything at a go with a wrong move or with a crash. I rather stay with Bitcoin long term investment plan rather bother my little busy head with trading issues.

Anyways, It's there cash, and they actually have a right to decide what to do with there earnings or income. Someone who goes into crypto trading I's optimistic of possible gains that's why they get in, and no doubt, some actually get profits sometimes, but they should be also very ready to bear it all on there head when it crashes just like it happened to my friend as I stated earlier above.

[ZeroVinsonN]

that is why investors should practice trading no matter how they think they can be able to handle the two, trading might make investors to derail from the plan they had earlier, this may lead to serious regrets.

I agree with you, here.  Trading is a slippery slope that can be difficult to control if a person is not able to put limitations and boundaries upon it, and even have ways to segregate and/or limit their losses.  At the same time, some  guys are able to learn from practice, even though they are likely to be small in numbers - even though several traders likely end up devolve into thinking that they are in the small group of traders who are profitable and able to control/limit their trading, so there are likely a good number of traders who consider themselves to be way more talented than they are.

For trading to be a success it requires a lot of analysis and calculations, definitely not something everyone can do since doing all that will take alot of time out of people's hands plus they can't even be sure of their analysis, maybe a really good trader will be able to properly analyse the market and know when to enter and when to keep away from it which will be a great advantage to him but not everyone has access to this kind of information, most supposed trading barely understand how the trading market works, they got involved in trading because they saw or heard that someone else made quite a reasonable amount of profit from it and now they want a share of that profit, and sometimes most of them actually try to learn and understand trading principles and sometimes they are actually successful but this can only be said about a very small percentage probably less than 10% and the other over 90% don't quite grasp onto how trading works and end of going into it shortsighted which ultimately leads to them losing out alot.

Sometimes I really wonder what would convince a person to trade bitcoin, it's not a very smart decision and it's not even profitable and looking for something profitable is what pushes people into trading so why trade when you would most likely not get any profit out of it.

The truth is some people make decisions blindly, or should I say they're just being too hasty to make profit. Because I also keep wondering why a guy will chose to go into trading that you can't take your eyes off the Market for some days, this makes we think that trading is even more stressful than most of this monthly pay jobs because it requires a lot of attention. Imagine something that requires alot of one's attention is what most people are still prioritizing over Investment that you can only showed up once is time to make your purchase then after making your purchase  you just go offline, though everyone have the right to decide what is best for them those who have decided to trade with bitcoin instead of focusing on the long term investment knows Best.

It's not that trading is not good, but the thing is that you have to know that trading need serious training and it's training will take you a couple of days before you understand it better, why some traders record a lot of losses, is due to they are not being trained well before they go into trading, some people is making turns of profit every day in trading, why they make make profit is because they acquired the skill of trading very well, why people that lose that much in trading are people who doesn't have basic knowledge of trading and join

If someone don't have the ideas of trading, the person shouldn't bother to trade, it's better for the person to buy Bitcoin and hold, that will be more safer than trading for something you know nothing about, buying Bitcoin and hold will is preferable than trading if you are novice in both.

It seems to me that trading likely takes a lot of learning and practice before figuring out various ways to potentially make it work so that you are not overly losing money, and some folks are likely to be more challenged in their abilities to trade in a way that is going to help them to be prepared for price moves in either direction... .. and so I doubt that anyone even comes close to developing good trading skills and practices in a matter of days or weeks - even if they might take approaches to trading that involves starting out with smaller amounts prior to perhaps increasing the amounts that they are staking (putting at risk) in their trades.

It takes way too many learning and practice and even with this there is still very little guarantee of success and the very number of traders who actually make profit from it barely trade with bitcoin, you will usually see them trading with altcoins that have higher volatility than bitcoin, of course higher volatility will increase the chances of a loss but it also increases the chances of turning a profit and some good traders are able to tell when the chances of making a profit are higher then the chances of losing so they take advantage of this opportunities though this probably doesn't always work out all the time, bitcoin trading has shown to be a relatively unsuccessful endeavour which is why smart traders tend to avoid it, but alot of people think that the higher the value of the asset the higher the chances of making profit out of it through trading and with this mentality they decide to trade bitcoin and most of the time the lose but still they keep doing it almost like there is a drive behind them, I'm not really sure.
Bitcoin investment on the other hand offers far less mental stress and it's relatively safer to go into and that's why bitcoin investors are more likely to make profit than bitcoin traders.

[Qhunman]

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

If you save in Bitcoin for the long term and invest in Bitcoin according to the DCA method, you can definitely make more powerful profits. Because Bitcoin is the only one that is most compatible with the DCA method, where not every investor has enough money. So that investor cannot invest at once, it is reasonable for him to buy Bitcoin every week with some of his income. Not everyone is rich in this world, so if you invest in Bitcoin according to the DCA method, both the rich and the poor can hold Bitcoin and hold it for a long time.

Bitcoin doors is open to both the rich and the poor to come in and invest. It doesn't discriminate instead it welcome everyone to invest  as long as they can figure out a Discretional income .  Exactly, Bitcoin can be used as a store to keep our wealth or funds in continuous value as long as we can continue to Hold and not sell. As bitcoin appreciates in value over time,our funds invested also increases along with it. Both the rich and the poor can equally invest in Bitcoin but the poor man might easily be tempted to tamper with his Bitcoin holding before even reaching his over accumulation stage..

[Graph001]

Trading is more like gambling with bitcoin and any investors that really get to comprehend bitcoin for what it really stands for will never thing of gambling with bitcoin all in the name of making quick profit. Trading comes with a high level of risk which in anyway cant be compared with the risk associated with long term investment. There is no investors, no matter how technical incline they may seem to be in speculating market prices can speculate correctly the exact directions of the market.

Did i hear you say trading is more like gambling? Trading and gambling are thesame thing, trading is not entirely bad for those who study the market i think this thread doesn't promote trading so we shouldn't be talking about it bitcoin isn't what we should be buying and selling without regular accumulation and hodl with this way the profit of who is trading can't be compare with what a long term hodler will benefit, it pays to be a long term investor.

If you save in Bitcoin for the long term and invest in Bitcoin according to the DCA method, you can definitely make more powerful profits. Because Bitcoin is the only one that is most compatible with the DCA method, where not every investor has enough money. So that investor cannot invest at once, it is reasonable for him to buy Bitcoin every week with some of his income. Not everyone is rich in this world, so if you invest in Bitcoin according to the DCA method, both the rich and the poor can hold Bitcoin and hold it for a long time.

Bitcoin doors is open to both the rich and the poor to come in and invest. It doesn't discriminate instead it welcome everyone to invest  as long as they can figure out a Discretional income .  Exactly, Bitcoin can be used as a store to keep our wealth or funds in continuous value as long as we can continue to Hold and not sell. As bitcoin appreciates in value over time,our funds invested also increases along with it. Both the rich and the poor can equally invest in Bitcoin but the poor man might easily be tempted to tamper with his Bitcoin holding before even reaching his over accumulation stage..

I appreciate your thoughtful perspective. You're right that Bitcoin's accessibility is genuinely democratic in that sense there's no minimum investment requirement. Someone can start with whatever spare cash they have, even small amounts. Your point about discretionary income is important though. The idea that both rich and poor can invest equally is true in theory but there's a real friction point in practice. A poor person investing their limited discretionary income faces genuine pressure that a wealthy person doesn't. When unexpected expenses hit medical bills, car repairs, job loss that discretionary income gets needed elsewhere. It's not weakness; it's survival.

It's not that poor people lack discipline or understanding. It's that they have less margin for error. It's not about always the temptation. A rich person can hold through downturns because they have other resources. A struggling person might watch their Bitcoin drop 30% and might think he needed that money for rent next monthand they're not wrong. The real wealth building with Bitcoin does seem to come from that long-term holding and accumulation phase like you mentioned. But the people who most need wealth building are often the least able to weather the volatility. That's a genuine asymmetry.