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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Sim_card
on 18/09/2024, 18:55:22 UTC
⭐ Merited by fillippone (1)
Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed.

Why is learning to trade the most important thing?, why go through so much learning and critical thinking just to know trading when you can even use those moment to invest on Bitcoin, however like you explain, it takes years of learning technical analysis of Bitcoin, so let's say the number of years that will take to really understand it is 4 years, so this means that you have not achieved any Bitcoin in this number of years, so perhaps you can imagine the number of Bitcoin you would have accumulated within that four years if you had chosen to invest onBitcoin instead because if for instance you are using $30 weekly to invest on Bitcoin you would realize that in that 5years you would accumulated Bitcoin worth up to $7,826.79 instead of learning something that would still make you to lose on the process.
You're right here. I wonder why he would choose to go all through this stress and torment of learning trading when he can easily start an investment in just a few weeks of understanding Bitcoin investment. Most times I just see that a lot of people do not like their peace of mind. After seeing the experience of someone close to me who has gone through hell in trading. To date, it has been difficult for him to recover from the loss. Investing is better off than trading. It reduces the risk of losing our assets so quickly. The only time we may experience loss in investing in Bitcoin is when we sell at the wrong time or when the value of our asset has dropped. Even if the prices reduce a little it still returns back after some time and that is how the market was designed for.
when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you, investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment
It's easy for anyone to claim that trading is easy to make profits and some of them even claim that it is better than investing when there is no prove to show it. Trading is like gambling because the possibility of you running at loss it high and even when you make profits, it will be little compared to an investor who has invested for a very long time.

In the long run, no matter how much profits a trader makes, he will not be able to make the amount of profit that an investor has made from his bitcoin investment if he onlys buys regularly to increase his bitcoin portfolio for a long time assuming a trader started trading and spent 15 years in trading, an investor who invested and built his bitcoin investment for 15 years will be in big profits compared to the trader due to the compounding effect of his portfolio and he was buying bitcoin at a lower price in the first 4 years of his bitcoin investment.

Investing in bitcoin is superior to tading no matter the high level of knowledge that you have because professional traders run at loss but if you have your proper plan on a long-term bitcoin investment and remain focused in your bitcoin accumulation journey without the price of bitcoin going against you, you will make profits since the price of bitcoin shows that it will go upward than downward in future because bitcoin is still in her early days.