Quote from: Onyeeze on September 18, 2024, 06:40:47 PM

Quote from: Dailyscript on September 18, 2024, 05:20:18 PM

Quote from: Salahmu on September 17, 2024, 08:42:45 PM

Quote from: puloweh555 on September 16, 2024, 06:43:59 PM

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

Since no man on planet earth can predict the price of bitcoin correctly, that makes it impossible for anyone to master trading; even those who claim they are very good with technical analysis also lose huge money in trading. Trading is too complex for someone to adopt; apart from technical analysis, you need to be able to know if there is news that will influence the price of bitcoin to dump so that you will not open trade at that time and save yourself from unexpected losses. And since it's difficult for someone to know all the principles that will guarantee success in trading, it will be better to invest in bitcoin for the long term and save yourself from the emotional damage that comes with trading.