Quote from: Zackz5000 on Today at 05:19:42 AM

Quote from: B2Z on June 02, 2024, 12:44:28 PM

Quote from: Roseline492 on June 02, 2024, 11:35:09 AM

Quote from: Smilevictorobinna on June 02, 2024, 10:28:32 AM

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.

Your explanation is not understandble and it can be very misleading to newbies or new investors that has plans to venture into Bitcoin investment, for all you are talking about here is trading trading trading which is wrong here one thing you should know about is that this thread is not talking about trading for there are other thread here that you can go and discuss your fucking trading stuff, for the concept of this thread is talking about buying Bitcoin and hodling for a longer period of time from 4-10 and above for everything you have said sounds more of gambling, for Bitcoin is not a tradable coin and can never be traded for anything.
Sometimes I wonder why people think of Bitcoin as get rich quick investment for the profit you will make when you invest for short term can't be compare when you HODL for a longer period of time.

There is something that some of you the new cats are not understanding here in this thread. For the fact that this thread is dedicated to buying the dip and Hodl does not mean that people cannot mention trading here. Sometimes when you are making an explanation and it requires you making comparisons between trading and holding for proper understanding of your audience you can make mention of trading, that doesn't mean that we are changing the dynamics or the sole aim of this thread. Sometimes when I see people react and use nasty words when experienced members mention trading here it gets me worried. Truth is there is no way we can successfully have a buy and Hodl discussion without mentioning trading at some point, this is just one thing I want everyone reading this my post to understand.

Let's not make it look like the word trading is a sacrilegious and forbidden word. Most hodlers today were at one point a trader before they finally realized that hodling of bitcoin is the real deal. Even if you go to threads that talks about trading, you will still find out that buying and Hodl discussion do come up there. If someone is going astray here and diverting into another discussion out side of the original discussion here, let's be civil in correcting them rather than being too harsh with our choice of words. Dot see someone who mentioned trading here as an infidel, it could just be that they are trying to explain something to make it more understandable.