Quote from: Hewlet on Today at 05:57:06 AM

Quote from: jossiel on July 18, 2024, 11:07:09 PM

Quote from: Moreno233 on July 16, 2024, 11:59:36 PM

Quote from: jossiel on July 16, 2024, 10:12:32 PM

Quote from: sotelorene on July 16, 2024, 07:17:37 PM

so we shouldn't get distracted or confuse ourselves with things that is/are not suppose to

On this market, it is brutal to everybody. But you choose what's going to make you confused or not bothered at all. Many are very confused not just ourselves but also to the news that are coming out. With some movements of huge funds from A to B, they're already shaking and thinking that the market is going down.

You remind me so much of when I was focusing on trading because these were our line of thought that the market has no mercy for anyone. Well, if you chose to put yourself in the line of fire by trying to predict every move of the market as traders do, the market will indeed be brutal to you. It takes just the decision to change from trading into holding to come out of the torture that comes from such situation of being dealt with by the market on daily basis.

That is why every trader needs to take time before making decisions and for this, I don't want to put the hassle on myself so it's best to HODL.

why take time to gamble with your investment when you can just buy and HODL? Sometimes in a bit to play too smart we end up shooting ourselves on the foot when we can just do the simple things that's less stressful. Buying your Bitcoin and HODling is something you can do while you're still doing your regular jobs and it will have zero effect on your job so why stress yourself trying to time the market and taking your time not to make any mistake and eventually making the mistake and losing all your funds or part of it in the process while you could have just bought your Bitcoin and never get bothered about price sentiment?

Quote from: jossiel on July 18, 2024, 11:07:09 PM

Quote from: Moreno233 on July 16, 2024, 11:59:36 PM

I found my peace the day I transitioned from being a trader to a holder. It was really a big relief because I never experienced peace of mind then like I do now and the growth I have seen in my finances is massive and totally different from the stagnation and frustration I was facing trying to predict the market.

Nice.

You don't have to be worried about the market actions and will not be problematic anymore about FUD that are being scattered through the media.

That's obviously the sweet thing.
All you need is to know that I'm buying my Bitcoin at a set-out day of the week if you're doing a weekly DCA or at a set-out day of the month if it's a monthly DCA and ensure that your funds are always available for your routine accumulation and that settles it all. When those trading are sad during the DIP, you're happy because the market has presented an opportunity for you to even buy more at a lower cost which all plays out to your own advantage.

Buying and HODLing bitcoin is very stressless, compared to the stress involved in trading. In my own perspective There's no need to gamble your resources in trading when you can just buy and accumulate bitcoin at your comfort using a DCA strategy which is stress free, in accumulating Bitcoin without the pressure of timing the market. Holding Bitcoin can be helpful and stress free for folks who engage in other jobs or working class individuals, it can help avoid the stress that comes with trading such as Analysing the market frequently, making fast decisions and potential loss of money. Doing other job or working and being a trader can be a very difficult task which can result in attention divided causing lack of balance between work and trading but HODLing bitcoin is stress free especially when DCAing, all you have to do is just setting aside funds weekly or Monthly consistently to buy bitcoin on a regular basis to grow your bitcoin holdings steadily without monitoring the market. It's more safe and relaxed than trading.