Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Ambatman
on 04/11/2024, 11:44:10 UTC
⭐ Merited by vapourminer (1) ,JimboToronto (1) ,JayJuanGee (1)
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.  
how many 100x leverage trader are still alive
They are like fuel to grease the growth and gain nothing in return .
I don't know what you mean by purist, but if Fiat can do it why use Bitcoin, the good money(check Gresham law).  
There's nothing like long term trader.
Technical analysis for holding Bitcoin?
Is that a wine?