Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
MainIbem
on 22/08/2024, 17:42:56 UTC
Surely there is nothing wrong with people making suggestions from their own sets of experiences, yet it can be kind of strange to see traders recommending newbies to trade, even though it surely is a common occurrence. 

Some of the traders cannot even wrap their heads around why anyone would want to invest and/or what would be the purpose of investing.. so they are continuously trying to figure out ways that their money is "working for them," which truly many investors consider their whole mental framework as being problematic, even though it is not illogical, it still tends to be overly ambitious, since any valuable asset is going to have ups and downs and may even seem like it takes such a long time to grow, yet if traders are trying to generate short term profits, they don't have enough patience to let the growth period work itself out with the ups and downs, and so the ONLY thing that they can think is better get out while it is still down and find another place to put your  money in some asset that is gong to go up... and gosh it can be stressful just to think about having to go through all of that to try to squeeze out profits that might even be more profitable than the ordinary holder, but even if it is more profitable, it still might not be enough or meaningful enough to really be worth all of the efforts.. to be picking up pennies in front of a steam roller.
Now I understand the point Samlucky O was trying to make and I think my statement "b]everyone should stick to what works best for them without looking down on other methods of accumulating wealth through Bitcoin.[/b]" could be misleading cause there are Newbies who could want to try it out and think it would work for them, trading is not be best option especially for Newbies, the best option for a newbie who got finds to invest in Cryptocurrency is buying and holding Bitcoin for a long-term  and not Alts nor trading since trading is compared to gambling and it's very risky, investors could could their Bitcoin in a twinkle of an eye whereas it could depreciate due to volatility when they Hodl but they'll definitely recover. It doesn't imply to newbies only but to every investor since trading is one of the fastest way they could lose their Bitcoin.