Quote from: Ruttoshi on Today at 09:13:05 AM

Quote from: laijsica on Today at 07:23:50 AM

Quote from: royalfestus on June 03, 2024, 11:56:52 PM

Quote from: red4slash on June 03, 2024, 08:41:00 PM

Indirectly we can conclude that in the end trading is no better and even very much more risky than investing so we don't need to think too much about trading because sooner or later you will also lose in trading so by seeing that switch to investing without having to look at trading.
In addition, it seems that the discussion of trading will not be too connected when juxtaposed with the previous discussion because from the beginning we always discuss about investment not trading.
I don't want to assume they are bad traders but indeed with your narrative we also actually need to realize that doing trading especially for those people who are new to bitcoin and just learning the investment system, it will indeed be misleading because in the end investing and trading are different things and cannot be put together in a discussion.

Holding is the most profitable form of investment in cryptocurrency, but not everyone can or should hold. Trading has its place in the cryptocurrency market and should be encouraged and supported. Exchanges rely on daily trading for market manipulation and understanding the psychology of demand and supply. If trading isn't your strength, focus on what you believe in and let traders do their work. Ultimately, at some point, we all will be trading our coins.

Basically, Bitcoin is considered to be different from all other cryptocurrencies because of its different acceptance and potential for higher returns for investors. Whereas other crypto shitcoins are mostly hype. Of course shitcoin can expose you to a lot of risk so it should not be held for long. In terms of investing, he value of Bitcoin can fluctuate and fall to zero, but you should aim for a long-term depositing plan. By holding bitcoins you can keep your investment risk level relatively mitigated only for the long term. You can choose short term trading with your hard earned capital which is your freedom but I think long term tending to accumulate bitcoins can be a better plan.
Suppose you buy bitcoins with your lump sum and decide to sell or withdraw during a relatively bearish period and a month or two later in an uptrend. Yes you can definitely make some profit with trading. But that Bitcoin may not bounce back to the downside in the bullish period which is again a long line in your case. But if you have a long term management plan of DCA or lump sum purchase then you can expect more multiples of profit. Holding.

Based on the bolded part above, bitcoin value is not going to go to zero, this is because from history the price of bitcoin have been increasing overtime, and it has being presume that the odds of bitcoin value going uptrend is higher than down trend, and this is why you see that investors are hodling it for a long term and are also advising new investors to invest in a long term in order for them to benefit from bitcoin in future. This is why you see that institutions and individuals are busy stacking more bitcoin in their portfolio for the future.

The only thing that might make bitcoin price go to zero, which I know that the odds is very slim is if the world is destroyed and therr is nobody in the world anymore to run the network, or a new technology is created that has great potential than Bitcoin, and everybody abandon bitcoin to adopt it, which no one knows how possible this will be.

Yes mate Bitcoin is not going to zero it is understandable to everyone unless something unusual happens in the world.
Before investing in Bitcoin, you need a steady stream of disposable income that you can continue to accumulate over a long period. @JayJuanGee often advises that Bitcoin can theoretically go to zero, meaning your investment or savings should be such that even if Bitcoin becomes worthless, it won't affect your day-to-day life. Therefore, alongside long-term Bitcoin investments, you must have plenty of floating cash.