Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Ryu_Ar1
on 17/08/2024, 19:23:22 UTC
⭐ Merited by JayJuanGee (1)
Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option.
Everything is no different especially when they are beginners who do not know anything and only see the short benefits they want to get by directly trading without any initial learning can even be worse than gambling that is done because they will only prioritize instincts with what they believe without caring what the risk is that in the end makes them actually lose all of their hopes, the money they use and all forms of trust in bitcoin and will actually turn to hate bitcoin even though things like this happen because they don't know about bitcoin but try something they are not good at which in the end the trade actually kills their own hopes.


But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
This is even more contradictory because even though we know investing in bitcoin is risky but saying that it is more dangerous than trading in my opinion is a mistake because even with investment we must realize that it is still risky especially for trading which in the end the risk is much greater so it would be ridiculous when we think that investment will be more dangerous than trading.