Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Agbe
on 23/11/2024, 18:25:20 UTC
Snip
From what you said, your disciples don't even know what is bitcoin investment and they only understand the parts you made mentioned of the "long term investment". They are not even real investors so they don't have much experience on bitcoin investment. Short term bitcoin investment is 5-10 years and if the investors can hodle his coins in this period, then he can withstand with long term investment because going into long term need more determination because it is a financial activity and within this period anything can happen. Either the person will die or sick so all those things will be put into consideration in the long term investment. Sir you are confusing your disciples by saying that 4-10 years investment is tagged as a trading. Trading has different timing but not 4 years. From my experience in cryptocurrency, I have not encountered 4 years trading timing. In trading there there are 1m, 15m, 4h, 1d, 1w, 1month and more.

What is bitcoin trading. It is the process of buying and selling of bitcoin so if you buy bitcoin today and sell it in 2090, it is also part of bitcoin trading and that is why new have different timeframe of trading.

What is bitcoin investment? It is the act of buying bitcoin and hodling it for profit purpose, so the profit can come at any time. And not to dump it in the wallet for everlasting. You must sell it one day and there are different times for selling it and all depends on the profit you have at the moment of the bitcoin price.

So if I bought bitcoin of $30,000 today as an individual and within 4 years period and I got a profit of $500,000 and add it to.my capital it should be $530,000 and i should still keep it. That is greedy investor. And that is not a trade but short term investment base on the concept of investment.

From the way I understand your comments, your investment on bitcoin is everlasting and forever which your disciples who don't know about investment also arguing for.

You are really confusing them about bitcoin investment. Please also tell them the different types of bitcoin investment.
Quote
Long term investing would be 10 years or longer.
meaning there is short term bitcoin investment below the 10 years which your disciples refuse to accept because of your orientations. They have to understand the meaning of bitcoin investment before they should argue so that they won't mislead others. You can't impose your bitcoin investment plan on others and it is not good to tell people that it is only long term investment is the legit one and anyone who is short term investment is nonsense.

They have to read and understand what an investment and differentiate investment from trading. I ahe dropped some of timeframes of trading. Trading is different from investment. I trade once a while but my investment is continues and whenever I like to sell, some can sell them and take my profits because that is the main purpose of investment and I am not tired to the forever investment which I believe your disciples are not even doing.

[Quote ]I doubt that I have ever (especially recently) referred to short-term investing as less than 4 years...[/quote]
Yes sir, and that is why people like DubemIfedigbo001,  Sim_card and Ruttoshi and others are only repeating long term investment and they are single issue commenters in the thread.