Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
memehunter
on 04/11/2024, 06:03:28 UTC
Quote
Trading bitcoin is a sign of lesser intellect.
I am always eager to learn from anyone I can, especially from reputable and wise members like you.
Please explain to me (and millions of other traders) the purpose of 'Bitcoin price movement tracking & discussion' in trading (whether long-term or short-term). Even if you consider yourself a holder, you are essentially a long-term trader, and I see no reason to ignore the advantages that technical analysis could offer to make your long-term holdings more profitable.
If you consider yourself a Bitcoin purist who will never exchange your Bitcoin for any services or other currencies, I would argue that this approach is more restrictive than that of day traders using 100x leverage.