Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Moreno233
on 20/11/2024, 20:06:01 UTC
I want to get your point Tungbulu, are you indirectly asking us to diversify into trading or just stick to buying Bitcoin and holding for long-term? because from what I've gathered here, buying and holding Bitcoin is the only rightful way of accumulating more Bitcoins and every other ways, especially the one you're indirectly leading people into is very risky. However it would be in people's best interest to always focus on the right path, I mean buying and holding for long-term.
This question, or should I say the entirety of your post only insinuates either of both things, (or even the two) and that’s that, you either didn’t follow up the conversation from where it started and you just jumped into the middle of the convo to state what you believe to be your point, but then again, how can you make a valid point when you do not even understand the actual basis of the argument/discussion. And the second one could be that you managed to read the whole conversation but have the inability to understand English, because I see no reason if both are not the case, why you’d ask if I’m indirectly asking you guys to diversify into Trading because I clearly didn’t say that, directly or indirectly.

If you had followed the conversation from the start, then you’d bump into where I vividly stated that Trading/Gambling is very risky and dangerous and thereby should not be ventured into (at all) BUT for those who for some reasons cannot resist the temptation of delving into it, should try as much as possible to only use a very small percentage of their holding, possibly 5% or a little above that, while still maintaining their Bitcoin accumulation for the long term. Please read through the conversations and know where and how it all started before deciding to state your point next time. Thanks.
Instead of filling here with trading discussion when we are discussing how to buy and continue buying and holding, why not we take some of these discussion to the section meant for trading alone. There you can share your knowledge and experience about trading and it will be better appreciated because in here, most participants in this discussion are more focused in building their Bitcoin portfolio for long term HODL rather than buying and selling within a short interval of time which is what trading is basically about. I don't think there is anyone that condemned you for talking about trading just that your comments seems to be supporting trading in the wrong board, that is what I understand should be creating the reaction you are receiving from many people.

Most of us here have tried trading before learning how to invest and hold. If you will be honest with yourself, you will accept that holding comes with certain degree of peace that cannot be found in trading because in trading, your capital is constantly exposed to risk daily and weekly. This is the reason why many chose never to trade but concentrate in buying and holding.