Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Mayor of ogba
on 20/11/2024, 13:21:23 UTC
You know the thing is that many people think that it is easy to make a profit basically the traders I believe that even though you know what you're doing in Trading that will not make you to think that every time you be involved in making profit if it is so many people would have become a billionaire in Trading but I know quite well that all these things is all about luck and opportunity so if you don't have such opportunity something that you'll be able to make profit.
I will never advise anyone to put their discretionary income into trading because it is based on luck and it is also time-consuming. Before anyone could make little profit from trading, that person needs to be very good at reading charts and also know if there will be news that will influence the market to dump so that he will not open any trade and save himself from being stuck in a trade, which no one on earth can accurately gain this knowledge, so the chance of losing money is very high in trading since no one can possess this knowledge and predict what will be the price of bitcoin in the next second, minute, and hour. Trading requires a lot of knowledge, and after gaining this knowledge, which will take months to learn, success is not even certain in trading, so I prefer to save myself of this stress and emotional damage and invest in bitcoin for the long term because you don't need to stress your brain learning for months before you can succeed in investing in bitcoin for the long term. What you just need to invest in bitcoin for the long term is a good discretionary income, and you choose if you will be investing on a weekly or monthly basis with the money you will not be needing for 4-10 years or more so that it will not stop you from sorting out your daily expenses, which will allow you to hold your bitcoin investment for as long as you want.