Quote from: Sim_card on January 06, 2025, 10:10:23 PM

Quote from: STT on January 06, 2025, 10:01:10 PM

The very best traders it will give profits, dont doubt some people got magic in their finger tips. We're talking a rarity though, assume its not you as most people should not expect to win trading.

The dedicated trader I know who is regularly able to capture trades and walk away from it win or loss without being too caught up also rises at 4am every morning, watches the Japanese markets onwards for the best clue on how global sentiment is rebounding in markets that day. Most of us lack both the clarity and dedication to really listen for the smallest clues how to proceed that day which might be completely different to the next.

The reason I caught this thread again to read is the basic premise is with us once again, dont forget the mantra hold whenever you can. Times like this the grip can get tiring and we may slip Tongue

Markets want to test strength, its a positive eventually to have an active market even if that might be a lower price sometimes during a bull market.
I think we are traversing a range mostly for now, now looking for a direction given beyond that bounce back and forth we've had many weeks now.

Why would you stress yourself that much for little profit with no rest of mind and peace. When you can just buy and hodli for long with ease. No matter how magical the trader fingers are, he will run at loss in the long run, and will be a loser because he will be a low coiner or no coiner in future when investors are reaping the profit from their bitcoin portfolio, because the price of bitcoin will be very high.

Investing is the best way to go about with your bitcoin involvement because bitcoin will be scarce in future and very expensive. This why you a new investor should only buy bitcoin and build his portfolio to a certain level for future sake, because bitcoin is still in her maturing stage. DCA strategy is gives you the room to buy bitcoin regularly every week irrespective of the price of bitcoin and if you do this for 4-10 years and above, you will be far ahead of those who are gambling in the name of trading. We should always plan for the future with what we have today and not waste what we have today to suffer in future.

sometimes I wonder why people would love to stress themselves when they can relax and let Bitcoin do its thing, I think what they need is proper education because even a beginner can relate to how risky trading is and how easy one could go with long-term holding and get a better result than a short term trading. I see trading as a trapped mindset that lets traders think they are actually making profits but in the long run, they can never be satisfied with their profit just like gambling, the greed to wanting to have more always strikes, and trust me that will lead to potential losses if the trader/gambler keeps up with that idea. knowing fully well that genuine wealth isn't made overnight why would someone still prefer to go through the hard way when the easy way is a lot more profitable and guarantees less risk than going through the hard. sometimes the solution to our problems can be gotten from other people's wisdom or experience. Bitcoin in the past has proven that holding is the best strategy to make more money, fixing our eyes on the profit alone may lead us in the wrong direction but what we learn from the process might also help in our day-to-day life activities. holding for the long term teaches us discipline whereas trading only sets your mind to focusing on profits which may become void when volatility or manipulation by the whales in the market steps in.

if there is something I have learned from long-term holding, it's the peace of mind that shouldn't be traded with anything. if you feel like gambling then try out shitcoins and only gamble with what you can afford to lose. if trading is as profitable as most people claim don't you think every whale in the market would be considered a trader? but yet they prefer to hold for long-term and till date, they are still making huge amounts of profits just by exercising patient.