Quote from: Btcalysis on Today at 01:39:59 PM

Quote from: Callido on Today at 07:22:55 AM

It's an unhealthy advise telling someone to stick with Bitcoin when trading, deciding to trade with Bitcoin or any other cryptocurrencies issues same losses, nothing distinguishes the risk management, it all goes down to how the funds is being managed, using Bitcoin to trade does not stop you from losing as well. Anyone who is scared to lose should be focused on investing their funds in Bitcoin, either strategies are okay depending on the individual balance and how he understands the market.

Trading is generally risky but bitcoin trading is better. Altcoins are easily manipulated. Let me show an example

See how this coin was manipulated since 3 days ago.

Btcalysis, this is no a trading thread and there is a trading section in this forum where you can discuss about trading. Trading mindset is not an ideal way for a new investor to start with bitcoin because you will end up wasting time and resources which at the end will bring regrets and frustration after running at big loss.

It is good that a new investor should not think about trading his bitcoin but to invest in a long term and hodli so that he will have enough time to buy more bitcoin regularly and build his bitcoin portfolio overtime. What will you benefit as a trader in future, excess losses if you don't stop trading. Investing in bitcoin for long will make you have a good size of bitcoin in future when bitcoin will be very expensive and that will make you proud that you didn't gamble away the resources that you had when you were younger by trading.

Invest, build and increase your stash for 4-10 years and above so that you can save your funds in bitcoin because inflation increases overtime and bitcoin is a hedge to inflation in order for you the keep the value of your funds and have an additional benefits for saving in bitcoin by enjoying the profit from your bitcoin investments, instead of buying an selling to buy back again. Is this what you will also be doing at old age when you will not have time to look at the market and it can lead you to early death if you try to trade when you are old.

But the bitcoin investor who is use to building, growing and hodli his investment will find it very easy to keep on hodli even at hold age because it does not need and professional act or stressful neither will it mess with your emotions. Start investing today and save your future so that you don't suffer at old age.