Quote from: hd49728 on May 14, 2024, 11:24:53 AM

Quote from: Betwrong on May 14, 2024, 11:16:24 AM

Even if someone is not an expert in technical analysis, he/she can trade and earn some money from it. By chance, I mean. So, trading should be treated as gambling in that case. So, don't put at risk a bigger amount than you can afford to lose and trade how much you want. Enjoy the process, learn something from it, but don't try to make money with it because you can end up with losing a lot because of your high stakes. Accumulating Bitcoin, on the other hand, never hurts.

Trading is risky but everyone can have profit or loss with some trades. Difference between an amateur and a professional trader is in long term of trading. An amateur trader who relies completely on luck factor can not get profit in the long term. The professional trader can get positive net profit in long term of trading because he is very knowledgeable, experienced and disciplined with entry and exit.~

But it is not necessarily so, right? A lot of so-called professional traders lose their money because, apart from unpredictable events, they can be simply wrong in their calculations. But tell me, who lost anything from accumulating Bitcoin ever? Unless you panic-sold your BTC at the lower price than you you bought it, till this day there were no losses from accumulating Bitcoin. Of course, it's just my personal opinion, but I think that accumulating Bitcoin is more wise to do than trading.

Quote from: Bitco55 on May 15, 2024, 05:55:24 PM

~ So, any day, anytime, I would pick accumulating Bitcoin. Trading doesn't hold much significance, unless when I buy more to accumulate more.. lol Cheesy

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