Post
Topic
Board Speculation
Re: Road to 100k?
by
EarnOnVictor
on 05/09/2024, 12:20:11 UTC
By that, I would have known the best place to regularly buy it when it dips and the regular place I would liquidate it when it reaches certain highs to repurchase at certain lower levels again. If such has been done since the beginning of this year I wonder how much the investor would have realized already. However, if Bitcoin can get lower to about $15,000-$20,000 again, HODLing is still good for it because the level is lower enough to give you a rest of mind and still earn well for you over time.
No one can predict the market to know when the dip will come or when the price will pump amd this is where traders run at loss.
You talked like a typical newbie or perhaps you do not know how to express yourself correctly. Maybe you wanted to say that no one can know what the market would do perfectly, that would have had more meaning than what you expressed. In my years of experience, I know that there are seasoned traders/investors, some may even have up to 95% accuracy in certain months and use money and risk management to cover the lapses of the remaining shortcomings.

If you have not attained that level yet doesn't mean some people have not and your discouraging words will demotivate the intending traders/investors to train more. If truly no one knows at all when the market will buy or sell as you claimed, why are people calling it trading/investing? Is it not gambling since they are just betting on what they do not know? Where is the power of true analysis and speculation? Can you now tell me that trading/investing is indeed gambling? If you do, then it will be a waste of time even replying to you.