Quote from: arwin100 on Today at 01:14:31 PM

Quote from: DubemIfedigbo001 on Today at 09:09:45 AM

Quote from: Tungbulu on Today at 06:41:23 AM

And you’re right, many of them get burnt but they never for once learn from that experience neither do they even get wiser for it. They just keep on repeating the same cliched dialogues and fake statistics, as if they are trying to convince themselves more than anyone else. It is like, bro, if you want to trade the market, do it right with a proper plan and strategy, and don’t get lost in all the buzz!

It's funny and stupid at the same time that they don't learn, they've this strong conviction from hell that they would find a better strategy to get profitable. Trading deals with them from both ends, they rarely can focus on any other things apart from monitoring charts as against investors that go about their other sources of income, make money and return to purchase when time is due. The employed ones amongst them sometimes perform badly at work. I've worked with a guy who focuses on his trades and gives less attention to his accounting duties, even if he's working, he's absent minded either thinking about the trades he opened, or suffering a burnout from some loses, finally, his records were laced with lots of errors, got laid off and arrested for missing funds.

From there and a few experiences myself, I learned that there are more troubles in trading much more than investing into Bitcoin and honestly, it's easier to be an investor than a trader.

Provably that they experience this $460M Worth of BTC Long Positions Liquidated in Past 24H Reading that article made me think that people experience getting liquidated is so unfortunate.. These are the troubles that they might experience especially if they are not paying attention with their trades.

That's why if they are working dudes and can't monitor their trades better if they just buy Bitcoin then hodl it since this will give them less stress also they provably got inspire to continue or be consistent for accumulating especially if they see that their accumulated volume continue grow.

That is what you get from trying to outsmart yourself, Now imagine if these funds were held up to next two cycles?, we might sure be seeing billions there. The losses of trading are always too unbearable and yet, people are blinded by its purported quick profits and not giving attention to it's destructive tendencies, ther's nothing as peaceful and profitable as investing in bitcoin with cold cash.

I stumbled on a similar story of my country's richest content creator who trusted people to trade forex for him, lost heavily on funds, and watched his properties slip into the hands of loan sharks and at some point even entertained sucidal thoughts. here's the link. Simply investing this funds should have bought him at least over 38 bitcoins on a lump sum and you would imagne what profits awaits him in the next two cycles or so. You can observe he couldn't trade, so he had to entrust his funds in the hands of other people who ruined him. Bitcoin investment gives us the ability to be in charge of our finances and increase the chances of good profitability on the long-run by ourselves through consistent and committed accumulation and not necessarily having to trust someone to do it for us like the content creator in the example I gave above.