Im not recommending trading, I wouldnt do that any more then recommending the next horse to win a race. There is a parallel in trading and gambling I agree, but people do want to discuss the market direction and I think that is fair to discuss and whether people act with conviction to buy more or less is upto them. I agree people should be doing DCA in growth assets & I would have agreed with that strategy even before BTC was invented.
Majority of people wont be good at trading, if BTC is a bull market - it is, then there is a higher danger of missing out elevated by trading. Iam interested in trading but nobody should be betting they are correct with all their BTC, its such a volatile market that would be very difficult to achieve .
Well anybody can choose to do what they want to do but there is somuch risk in trading I wouldn't advise anybody to be interested in trading Bitcoin seeing Bitcoin as a tradable coin can be very wrong for Bitcoin is more profitable if hodl for long and not to trade in a short term perspective for there is no how you can compare those investors that held there Bitcoin for long and those that go for short term purpose for those that hold for long will be happier compare to short term traders.
You sound like an inexperienced trader. Though it's good advice if one can not handle trading, investment is less risky, so why not opt for it? Still, you do not have to discourage people, especially with Bitcoin trading which I deem to be one of the easiest assets to be traded in the financial market. But the issue with people is that they would want to trade Bitcoin in the regular way, that's off. Any margined products will always be risky, which is why one may plan the trading accornding to the nature of Bitcoin.
If Bitcoin humbles you, then you will understand that the best decision is never to attempt to predict the price of Bitcoin and even commit your money in it. Bitcoin is volatile and should not be messed with if you love your money. Check how well Bitcoin have proven the supposed experts wrong, I mean those who are supposed to be respected on their areas of specialisation which is financial analysis, Bitcoin always have a way of proving them wrong when it comes to predicting the price of Bitcoin.
The biggest winners in Bitcoin are those who buy and hold for long. Even in institutional level, the biggest winners are those who bought and held. So know this, why will someone chose trading over investing? If not of greed and impatient, why can't someone give Bitcoin 5-10yrs to deliver? Conventional businesses take this long to break even and become profitable, but when it comes to Bitcoin, people are not ready to wait few years to see their investment yield profits. By now it should be obvious to those engaging in this discussion that long term is the gain of Bitcoin.