Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laijsica
on 13/08/2024, 05:00:41 UTC
Professional traders can still run at loss and lose all the profit that they have made in a single trade is the market turns against them.
Many lose their fortunes by indulging in trade or gambling. Yet they continue to gamble and lose money. Why are they so greedy? Do they not understand that gambling is ruining their lives?
Because they feel that they have made a profit in trading, they continue and never think about how risky it is, so they may experience losses.

Futures trading is similar to gambling, don't do it if you don't want to lose especially if you don't have the skills.

If you want to be safer then it is better to invest, you will not lose as long as you do not sell halfway and accumulate with the DCA method this is one of the best ways to collect bitcoin you will not think harder like trading by investing you will be a little calmer.


Well well well, the only best approach when it comes to Bitcoin is Investing and hodling in a long term view. Again, as I would always say Bitcoin is a valuable asset not a Tradable Coin to make profit off.
If some person really did understand what an Asset means, I believe there thought process would have changed. Trading and gambling isn't the right approach, and mostly those looking for quick profit indulge in it.
You should tend to buy/accumulate Bitcoin in any price scenario as your  goal should be to hold a large holding for a long period of time. Sure alternative income should be maintained to keep proper valuation of valuable assets and accordingly pull one's investment into a solid position. The DCA method is the better way for an investor to accumulate bitcoin as your holdings grow over time.

Bitcoin trading should be discouraged every time for an investor as it is a form of gambling that can greatly risk your capital. Short term trading can lead to loss of your capital as well as stress which can be undesirable for an investor. So one should continue depositing Bitcoins following the DCA method at regular intervals.