Post
Topic
Board Bitcoin Discussion
Re: I still believe I am on the right path
by
serjent05
on 06/04/2023, 21:36:14 UTC
Don't get FOMO just because we see people say that Bitcoin/cryptocurrencies are able to give us 10x profit in a day but we should do our own research before investing in any instruments especially cryptocurrencies. Everyone will keep trading Bitcoin since they use their experience and knowledge to earn more and those for holders will use their patience to earn more.
The average user seems to already know that bitcoin is a profitable asset for traders and investors. That's true but when they come to trading then they shouldn't look at others as the benchmark because there is nothing really good to start with other than their analysis and knowledge of potential.

Bitcoin being a profitable asset for traders and investors depends on the knowledge of a person.  If all are getting profit in trading then where is the money coming from?  Someone needs to lose to be able for someone to gain.  That is the universal law of equilibrium.  So not all traders are gaining profit in trading BTC.

It is very important to say that do not use the analysis and assumptions of other users as financial advice because they will never be held responsible for your losses. This applies to everyone, and means that you are the one who must determine and plan your investment.

True that but you can make them as reference especially when we are still new in the market.  Doing personal research without reference is somehow hard and oftentimes misleads us.  So taking points from bullish side and the bearish side and comparing their points is the best thing to do.