Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
DubemIfedigbo001
on 18/09/2024, 20:58:37 UTC
Well, I really think you missed my point mate, was pointing at a beginner who's mind is made up on trading, so to make sure he does the right thing first by accumulating Bitcoin first until his target is met before thinking of trading, I would introduce a mindset of accumulation as primary and trading as secondary. Just a calculated plan to get such a person to have his investment in Bitcoin first in order to secure his future. Most times while investing in Bitcoin consistently such person loses interest in trading and remain focused on his investment. This is just a mental hack to direct a new investor who previously had intention of trading that there's a better future in investment and it should be considered a priority.

If you deal with people so much, you'll know that a direct refusal sometimes triggers resistance in them, so identifying with their intentions to a limited extent makes them more comfortable and most times at the long run, they get comfortable with your Idea and forgo the wrong motive they had earlier.

You really have a point thou but is it really necessary to stop people from having their choice when it comes to finance? You and I know that the primary aim of trading or holding bitcoin for either short or long term is to secure profits. While you might be comfortable with long term goals of Bitcoin, others might prefer venturing into trading for its juicy and daily profit despite the high risk involved. Unless someone is a total newbie who wants to seek for my advice or probably under my couch, I see no reason why I should try to manipulate their mind into what I believe is the best. Idk but I find it hard interfering people decision especially when it involves finance. Moreover, trading is also an aspect of cryptocurrency, if they think it'll work for them let them be.
You do not decide for anybody, you only offer your own view of the subject matter and let them decide their fate. In that scenario, when I'm sure the new person or even old Bitcoin enthusiasts is trying to venture into trading as against Bitcoin accumulation, I'll only try to make him see reasons to become an investor and achieve something substantial first before considering other choices on the crypto space.

I'm every of your deadline with people, do not give them financial advise, else you'll be dragged when things don't work out for them as planned. I'll only present my view and experience to you while letting you solely decide you're faster.

I always end my discussion with people on crypto related matter with these statements This is not a financial advise, make your decisions by yoursel.f