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.
Its a well known fact that Bitcoin moves in season/cycle, so why not wait till a bearish season ends and buy your Bitcoin on the futures market with the right plan and management? This trade is set to be left alone for at least a year and many months. Any trader who can do this regularly will not have any reason to be sad about Bitcoin trading, it's only the short-term traders who have enough to worry about.
Your post can be misleading to newbies who wants to start their bitcoin investment to think that trading can give the profit. It is better that new investors don't go into trading because it will make you run at loss since it is very risk and complex to understand. New investors should only invest in bitcoin for long-term, using DCA to grow and build your bitcoin stash overtime.
It's you who sounds as if you never read what I wrote correctly. If you reread, you might discover I prioritised investment as less risky than trading. Even at that, trading is not entirely useless, once you know your way around it, you can make profits, unlike the way you make it look terrifying, if people can be gambling, while not trading that is even less risky.
As for misleading newbies, haven't you heard about DYOR? Trading is a choice and the advice I gave is probably good. Anyone who is new and bereft of trading knowledge or doesn't have the nerves for it should avoid it, it's never by force. Sharing a strategy that is working is not misleading to me, and if you must know, if Bitcoin has deepened very well in the wake of a bullish season, I see nothing wrong in buying it on the futures market with a liquidation targeted at a level that it will hardly reach.
For instance, in late 2022 or 2023, I see nothing wrong in buying Bitcoin with a low risk and set the liquidation price to about $5,000 while striking around $16,000. Do you think Bitcoin can reach $5,000 again? If you do, then you don't even believe in Bitcoin. Rich people do not fold their arms without taking risks and this particular one looks good to m. I will repeat it in the next cycle while people like you continue to argue.