Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Zackz5000
on 04/06/2024, 18:14:42 UTC
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.
I mostly agree with this but in most types of trading (outside of crypto currency) fundamental information about the asset is much more important/valuable than mathematical models or technical analysis. With bitcoin, however, the market is extremely inefficient so both methods really aren't very reliable. The best way to trade bitcoin is to look at its fundamental value and decide whether or not you think it will rise or fall long term (like 10+ years out), and make decisions based on that. You can trade around your position using technical info, but your best bet is to hold long term if you are bullish.

Almost nobody is going to beat the crypto market over a long period of time by making frequent trades based on either technical or fundamental data.
Those that trade in Bitcoin only strive for lower profits because there aim is for short term plan and the risk involve in trading Bitcoin is much. For it better to accumulate Bitcoin and hodl for a longer time and to trade for mere pinunt, for our main concern here is how an investor can be able to accumulate more Bitcoin and hodl using the DCA method which will help accumulate more Bitcoin in different interval weekly or monthly after setting aside your emergency, reserve, and float fund just incase any unforeseen problem may arise one won't think of selling out his or her Bitcoin hodling , for Bitcoin is more profitable in the future when sighted for long term and not to be tradable for mere pinunt.