Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
B2Z
on 02/06/2024, 12:44:28 UTC

Holding and trading in Bitcoin is very important.

Trading is very sensitive. Because you should always keep updated news about the market. And a mistake is more likely to result in loss. Because the Bitcoin market is always up and down, if you can't trade on time, then you must do it at risk. This is why trading always involves a lot of risk.

I wonder why you will believe that trading is very important whn you know that the complexity in trading is beyond the accurate understanding of everyone especially those who are still new in Bitcoin, so do not regard trading as an important factor or an alternative of Bitcoin investment because you will be making a very huge mistake, perhaps the only thing that should be regarded is holding because whichever different perspective you view holding you will always arrived on a successful investment at the end or in the future, so actually if all the Short term holders and traders will see Bitcoin from my own direction they would not have been talking about trading.
Before we decide to trade, I need to gain enough knowledge about the trade. If I don't understand the trade well, I will never live up to the expectations that I have with the trade.  But in trading, we must trade with the risk that is in the trade. Many times if we don't get success, then we lose the trade patience. Patience is very important. We must be patient before trading. If we can trade patiently, of course in the future. We will get success through trade. We always have to have a long-term plan. Sometimes we are in a hurry. We should not be in a hurry when trading.  There are many people who trade, they are in a hurry, they think that they will become millionaires overnight, but it is not like that. Of course, you will gain money in trading, but for that, you need to be patient enough.