Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Egii Nna
on 18/08/2024, 20:41:49 UTC
I can't say you are wrong neither can I say you are right but what you are saying depend on the kind of trader and the kind of investor you are talking about yeah, because there some traders that can make more profit within 4-10 years interval than some investors and there are also some investors that can make more profit within that same interval of time than some traders so what this means is you are partially right and partially wrong. With the way you are sounding I guess you are a trader and nobody is trying to convince you on how to go about Bitcoin if you think trading will favor you fine but note trading is not easy as you think I mean it's very complex and no matter how you try to study or carry out your analysis you will still incur loss but Bitcoin investment is not like that.

Sorry to say this but I see people that trade as people who don't have patient, people who want quick something and then I see investors as people who has patient and hoping to achieve something great in future but yet even some people who claims to be an investor also trader because they sell when they are not suppose to. In summary, no matter how much profit you make a day in trading, doesn't change the fact that investing in Bitcoin is the best way to go about it because that same profit you make a day can still turn to a loss in a twinkling of an eye.

One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. 
 
But there is an economic fact that says the higher the risk, the higher the chance of profit, and the lower the risk, the lower the chances of profit, who is vice versa to lost, and in this both bitcoin trading has higher risk in times of loss, why bitcoin investment has lower risk in times of loss. That is why many people tend to see it as the easiest. But all you need to have is higher patience and another source of income that will sustain you in order not to break down your investment, while in bitcoin trading you need very high knowledge, luck, and patience, so there are different you just have to stake the risk you can afford.