What is working for you will not work for everyone, if trading is the best way that you are using to double your bitcoin, there is no problem about that but one thing that I know is that it is not a ln ideal practice for new investors who have only the basic knowledge of bitcoin, because the last time that I checked majority of traders are running at loss and they are after little profit instead of investing for a long term goal to give their old age financial back up plan. Will you continue to trade till old age.
C'mon big up man and think on investing for a long term and grow your bitcoin investment for 4-10 years and above to be proud that you have an investment that is generating profit steadily. Trading will only give you little profit and mess with your emotions because all the time, you are thinking of the market and the price of bitcoin. Have you ever thought that what if you sell and plan to buy back, during the bear market and the price did not dip to your expectations.
You are old in the bitcoin game like you claim and whatever decisions and action that you make, you will be held responsible for it. Let new investors first start with investing in bitcoin and have a good size of bitcoin stash before they can think of shaving off profit and that will take them a very long period of time maybe 10- 20years. Investing is better than trading and very easy to practice with very low risk and this is why people should invest.
Currently, there has been a lot of agony from traders around me because Bitcoin has shown crazy price movements last week and this week. Which has made a lot of them lose lots of money. It still makes me wonder why people still choose to trade or is it because of the need for everyday cash flow? If so why they dont do other business with the capital used for trading. When is saw this paragraph here, It just feels like laughing out loud here, because you don't need to be told that we are all humans, and humans will keep behaving as humans, am saying so because their are lots of people that knows that this or that is too dangerous, but they will still do it, without even looking at the risk involved.
One major problem in this crypto industry that has been a menace for some time now is greed, greed is one major player that makes you to take a stupid risk even when you know that the probability of it failing is far greater than the probability of you succeeding, and it's because of greed that most people still invest in shit coin and trade when they knows nothing about it, so going back to your statement, you need to understand that people are just stubborn and greedy, almost everyone knows that investing in Bitcoin is actually the best, but only few people have patience to invest in Bitcoin and wait like you and me, so don't be surprised because will keep behaving as such.