Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Marvelockg
on 17/09/2024, 13:27:51 UTC
⭐ Merited by JayJuanGee (1)
I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.

An individual trader and investor is almost a member. For example, if sand and silt are placed in the same container, the sand will absorb the water.Alternative investing is like water and trading is like sand. A person will absorb two target trade investments and end up exhausted where your losses will be more. So go long the investment in DCA method not trade.
if you want to be successful with your investment, it's best to take out any form of urge that compels you to consider trading part of your Bitcoin for whatever profit you anticipate getting. It's not as if all traders always make loss and it will be biased and too sentimental to think so, they might get lucky and get some profit with it but it's never worth the effort that after you've set out strategies in place to help you buy Bitcoin now that it's still convininece to doing so that you now try to trade some of your Bitcoin holding and end up diminishing them along the way should things go wrong.

Your analogy about investing and at the same time trading ones Bitcoin being the same as of mixing sand and water in a containner is good but to better potray how risky trading part of Bitcon is, when you're trading a portion of your Bitcoin stack, it's just like you're intentionally pouring impurity into an already cleaned water you've carefully sieved out which goes to contaminate the whole mixture of water. Chances are that if you ever trade your Bitcoin and you experience loss in the process, you will get tempted to trade again to recover the one you've lost and then do it again and if you're not careful enough, you're endangering your Bitcoin stack to never growing and potentially diminishing with time.