Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Classic chicken and egg problem. Your argument is good except you are neglecting the fact that trading BTC can be a method to acquire it. I know you are arguing about the demerits of trading and you want people to earn money (from something else) and then start accumulating BTC. I also understand your concern about trading in general but you will loose money in any venture in general if you do not learn and develop skills and to me trading is no different.Yeah... and gambling at the Casino can be a way to earn money...
Your problem is that you think trading is a science, or a skill that you can simply use to make money. It is not (especially when you are no whale)
Why?
1) Your win is another's loss. So you have to constantly be better than AI driven algos that trade against you 1000x faster than you can think. Good luck!
2) When market goes up, many traders think they are geniuses, because going in and out of the market always makes money. Most realize only in the end that they would have done better just by buying and holding.
3)... whatevs.... writing you all that is probably useless. People need to get their own experiences... Just don't think trading works because it works the first year or so...
Again good luck... and no reply needed... because .. well, you know, that's just like my opinion...