Quote from: sotelorene on Today at 12:49:02 PM

Quote from: I_Anime on December 01, 2024, 10:22:49 PM

Quote from: MissNonFall9 on December 01, 2024, 05:02:18 PM

Yes, I have already invested some amount, and your advice is very important to me when I change my investment plan in Bitcoin based on your opinion. And I never thought that you would give me so many words of advice. Anyway, I feel like I am one of the lucky ones (I am not exaggerating). I believe that one day I will be able to do something good and seek the right knowledge. And trading is not my favorite subject. So I have no desire or aspiration to move towards trading because it seems more dangerous to me.

Trading not bad though but I will say you're making the right choice avoiding it ( trading) , because trading not something one can start without having good knowledge on how it works and stuff because to understand trading takes time and energy, and also determination, without any knowledge you will only get yourself rekt (losing everything).

But for Bitcoin investment all you need just some basic knowledge and you good to start , and you can continue to expand your knowledge to make your holding or investment better each day , and this thread can help with that , due to the knowledgeable users here just stick around and Secure a smooth investment tho they would be done up and down in market but still stay strong 💪

you are actually right to an extent, yeah trading is not a bad thing per say but what makes it bad is the loss people incur while trading and what also makes it interesting is the profit some people make from..., and the truth is trading is not limited i mean one can not know it all it is something people try to do because of the fundamental or technical analysis been carried out which of course may not even be enough or certain that is goin to work, sometimes analysis can be so interesting and convincing that the market is going to be like this while the market is planning on going the opposite direction. in my opinion, i do not think knowledge is enough in trading perhaps one ought to be discipline so as to minimize the rate of loss, do you know one can have knowledge and yet very greedy and this is one of the factor that brings about loss in trading. The done up and the down in are the things that defines the market so it should not be a new thing and anyone who is doing the long term investment should not bothered because Bitcoin is a very great asset.

We should not be discussing trading in this thread what we should be discussing is accumulating Bitcoin and hodling, we all know that trading is very risky however if you wish to play around with your money you can only do that with 5 or 7 percent out of your 100 percent discretionary income.