Post
Topic
Board Speculation
Merits 6 from 4 users
Re: Buy Buy Buy or Sell Sell Sell?
by
Pi-network314159
on 27/04/2024, 05:49:56 UTC
⭐ Merited by adultcrypto (2) ,Tmoonz (2) ,vapourminer (1) ,JayJuanGee (1)
It all depends on the amount of bitcoin the person has accumulate over that interval of one year before you begin to talk about making of profit. If u do not have a sizeable amount of bitcoin in your portfolio you cannot be able to make this profit you are talking about ,especially if you are doing DCA it will take you time to accumulate a reasonable
amount of bitcoin.
The method of collecting Bitcoin to get a larger amount varies from person to person, although the one we see most often now is to use DCA with a certain target time period. Because to achieve a bigger profit target, you definitely have to have a fairly large amount of Bitcoin ownership and that cannot be denied by everyone. That is why most people always pay more attention to their Bitcoin holdings portfolio than others because in Bitcoin everyone can make a profit as long as they have enough patience in collecting it and also have a fairly large amount in their own portfolio.
Basically those are the investors who usually do the DCA in bitcoin to accumulate the bitcoin throughout the bear market. Those are the people who will then sell in the bull market and gain maximum return on Investments. I will not compare them with the traders who have different mind set and who will usually buy and sell multiple times to gain profits.

You are still describing and even trying to worship traders as if you know how to tell the difference between a good trader and a not so good one, when the fact of the matter is that trading does not pay off for an overwhelming number of folks who even attempt it, and in bitcoin, we have had the overwhelming majority of folks profiting from establishing and following a practice that mostly errors on the side of accumulating bitcoin and holding it... not fucking around with trading and trying to believe that you are able to time tops and bottoms.. which is a bunch of bullshit where a lot of folks who try such a thing end up selling too much too soon and making a variety of other mistakes, so there is no need to be worshiping those kinds of practices and trying to act like it is some kind of practice that normies should aspire to.

sometimes, one of the reasons why people  try to just jump into Bitcoin investments in a time they feel the market is bearish hoping to zoom off whenever the market gets bullish is probably because they are still very new to the system and aren't ready for any long tern commitment
I don't think this attitude its only for people who are new. Thesame thing is applicable to old bitcoiners. I know most people are just fucking around trading, but I don't give a dem about what they think they might be doing. It makes no difference when an old bitcoiner and new bitcoiner are doing thesame thing as buying in bearish Time and selling at bulish, it's all seams to me like trading or gambling what really matters to me is how effective they are I. Buying and HODLing for long term which the least or average maybe 4-10 years, and also 10-20 or 30 years at most.

that will see them to gaining better in the future. It's a mentality something that needs the right orientation or some sort of massive reorientation to bringing such individuals out of those short termed mindset, and I guess this kind of discussion is really helping to shape the right narrative for short sighted investors. And again, most people find it difficult to invest in Thier future in a manner that they might not necessarily see quick returns and so regardless of the prospect the future holds for long term investors, it doesn't get easy for them to shift thier mindset to focus more about accumilating for the long term.
Reorientation is good to chanel there focus on the right part , but the matter is how many is ready to follow the right part? If I where some orientators I wouldn't want to border myself educating people whom are not really ready to learn because it's like pouring water in a basket that wouldn't retain. But what really matters is just to pass the information across to people who are willing to learn because not all are really ready to learn.