Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 21/11/2024, 06:43:16 UTC
⭐ Merited by CryptoHeadlineNews (1)
Anyone that has plan to live off his pension at old age, or doesn't want to continue the rat race at old age will understand the opportunity that bitcoin is bringing to his door step to solve such problem if only he can take the advantage now and invest and grow his bitcoin portfolio for the future because the opportunity bitcoin has to transform your financial status from one level to a higher one is real. Trading is the opposite.
That's true by the way about what the future holds for those who invest in Bitcoin holds it without selling it for a very long period of time. And secondly, despite the fact that holding Bitcoin for a very long time is good, it doesn't make it better than trading it, because there have been people who traded Bitcoin and equally made a fortune from it, and by that I mean those who trade with "Futures".  Hence, my sincere advice to newbies will be that if you can afford both (i.e trading and investing long term) you can go about it. But if you can't afford both, it's better you just buy and forget about it for very long time.

If you are such a smartie pants CryptoHeadlineNews, then how is your trading doing for you?

If you had started buying $500 per week of bitcoin at around the time of your forum registration date in June 2021, right now you would have invested right around $89,500 and you would have about 2.6385 BTC

Are you doing better than that with whatever supposed hybrid approach you are proclaiming to be better? 

Of course, if your timeline in bitcoin is longer, such as 6-10 years or more, then it would have had been even more difficult to actually beat a straight-forward DCA approach to bitcoin with fucking around with trading.. so I doubt BTC trading is something that normal people should screw around with especially when they have a pretty great investment already available to them (namely BTC) and perhaps there is not any other investment that it widely available like BTC.