Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Miles2006
on 15/08/2024, 17:18:30 UTC
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.
In gambling, you will always need luck
I think in trading you also need luck; if not, there would have been so many successful traders.
I don’t have the least knowledge when it comes to trading tho, it’s always good traders learn first to make perfect even if it has to do with luck or not. Learning the basis knowledge and technique still doesn’t guarantee success when trading.




But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled.
Still on trading discussion here?, actually  we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade.