Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy Buy Buy or Sell Sell Sell?
by
Proty
on 21/11/2024, 11:29:27 UTC
⭐ Merited by Crytohillss (2) ,JayJuanGee (1)
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 think trading is the most risky, because till date the person who has traded has not been successful.  But individuals who hold bitcoins and institutions that hold bitcoins are largely successful. So I can prove that it is possible to reach the top of the greatest success not only in trading but also in holding, such as Microstrategy Company, Nayib Bukele, the government of the country of El Salvador, all these people are holding Bitcoin long-term and today they are successful. Bitcoin cannot be sold as the price of Bitcoin has increased the most, because we have not passed the time until the end of the bull run.  
So only those holding by following DCA method are the only best holding, currently there is still ample opportunity for holding by DCA method.

Trading and Holding has been an issue we've had a lot of discussions about overtime, and a lot of people have highlighted reasons as to why they prefer holding for long and others have also said why they prefer trading. However the contest has always been between successful traders and successful holders. Traders will come and pontificate about how fast they make their profit, and how best trading has been for them, the truth is that, some of them are actually right, but one thing they always fail to discuss about is the risk involved, they tend to play down the risk factors involved, though it is always said in our local parlance, the higher the risk, the greater the reward. So for me I always allow those that are good with risks taking to go for what they believe in, because it's a free world.

Holding has its own rest of mind, holding doesn't have the kind of risk factors associated with trading, so a lot of people prefer holding as it gives them what they want in a long time.

Even though individuals can make their choices of whether to trade or hold for a long term but the truth has to be pin point that Bitcoin is best performed when allowed to exercise that very potential of appreciating over the long term, now the question is, has it not proven it's self ad to this regard? The answer is it has proven itself over time that it is the best to be viewed on a long term perspective rather than chasing after few dollar profits without peace of mind, holding is the best and shouldn't be compared to trading for short term profit.

I'm not actually saying that holding is not good or the best per say but sometimes we shouldn't make our interest or what we do look like without it one can't make something good out. we don't judge something simply because we can't do it or simply because it's not working well for us. Protecting one's interest is good no doubt but it shouldn't be alarming especially when it comes to investment ( Bitcoin investment). There are people who are making cool money in trading despite the loss after all loss is paramount when it comes to trading or investment, those who are into trading sometimes do even more better than  ordinary investor reason because, some of them anytime they made profit in their trade, they split the money and use some to invest while they are still trading, knowing how to this is very good and interesting.
Well if you are saying that people should consider short term profit potential  them you are a trader and not an investor,  selling out your bitcoin when you are still in your early phase of accumulation with the plans of buying more when it dips is very wrong approach and I don't know where you get this idea from.