Re: Road to 100k?

I think that gradually everyone will become more aware of this and they will become more interested in trading or investing in Bitcoin.

You will lose the realization you gain from trading if you are not good about trading. Gaining knowledge will keep you connected to your risky self, I think.

Because the trade is very risky, it becomes difficult for a person to control the temptation and excessive emotions in the trade.

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.

Your description is confusing since silt absorbs water more than sand.. so I would think that you would want to say that investing is like silt absorbing the water and trading is like water going through sand.. Maybe you can restate what you mean.

You will lose more than you gain from trading if you don't have good knowledge about trading. I think you will be associated with risky work even as a result of gaining knowledge.

Because trading is very risky and temptations in trading are high, it becomes difficult for a person to control emotions.

It is almost impossible for one person to be both trader and investor. For example, if sand and water are kept in the same container, the sand will absorb the water investing is like water and trading is like sand. If a person enters in two at a time, the trade will absorb the investment and the investment will be exhausted where you are more likely to lose.

Sorry for the mistake. Sad

Of course no one can serve two masters at the same time, it is either he will dedicate his time to one than the other. Anyone who wants to do trading and investing in bitcoin at the same time is like a gambler because there's high possibility that he will deep his hands into his bitcoin investment when he has lost all his trading funds because he will have false believe that he will make profit to recover his loss and might end up losing all his bitcoin investment.

It is not ideal to think that you can use trading to increase your bitcoin rather it will be the opposite because you will end up losing if you sell and the price pumps above your selling point and it remains like that for long. You might use the funds for something else and will be discouraged to buy back. Investing and building up your investment overtime should be your priority and not selling as a new investor.