Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
sotelorene
on 13/08/2024, 15:46:44 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 are absolutely correct the best way to go about Bitcoin is to buy and hold for a long period of time but because of impatient and the quest to get rich quick make people indulge themselves into trading and gambling Bitcoin which is very risky and not advisable for someone with little fund or one who's new. I disagree with this your statement " Bitcoin is not a tradable coin to make profit", when you say something is not tradable it means that particular thing can not be trade right? But we all know that there are people who are trading Bitcoin as we speak so that means you are wrong about that..., Perhaps you should said  that Bitcoin is not worth to be traded though some people make profit in trading Bitcoin but everything has principle on how to go about it of which trading Bitcoin is little or not part of the principle of how to go about..., that is why the possibility of making loss is very big and the earlier we know this the better for us.