Re: Buy Buy Buy or Sell Sell Sell?

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.

Well there's no problem in one trading especially when one still focus on accumulating while trading. The reason why most time we don't encourage trading is because most people go into trading hoping to get rich quick without having a proper learning phase, they may endup wasting valuable resources due to having half-size knowledge. So trading is not something that one will just go into one need to take he or her time to build a better knowledge on how trading works, before hopping on it .

But when comes to investing in bitcoin one don't need to spend much time in accumulating much knowledge first before going into it they can , just start their bitcoin journey aslong they have a proper basic knowledge on how bitcoin works, so that they can know how to purchase and keep it safe while they accumulate and hodl .

because all what bitcoin investment needs most is your patience to hold, but for bitcoin trading it needs more than only patience because there are a lot of ups and downs in bitcoin trading.

Yea, what you are actually saying here isn't that bad, it's quite true, but I want to throw more light on it, though it's actually true that patience is one vital component that is needed to hold effectively, but patience alone is not enough, in other to be able to hold effectively as a long term holder, you needs a source of income and an emergency fund to serve your emergency needs during the rainy days, so it's not just patience that is needed to hold effectively.

Another important thing I consider very important as what also facilitate or aids holding is having is how much you are convinced personally about your asset, because there is possibilities of any one not to be able to hold effectively even with sources of income and emergency fund, all necessarily factors must be kept in place or look out for in ensuring hodling efficiency.