Post
Topic
Board Speculation
Re: Buy every dip!
by
DubemIfedigbo001
on 22/01/2025, 04:55:41 UTC
Off course money gotten from trading can be used to change someone's future if it is been utilize properly and again even money gotten from our Bitcoin investment, if it is not properly used or manage after taking it when it is due, can be a waste and I believe a wise person wouldn't want to useless his or her years of holding rather they will utilize it. This is not a trading discussion perhaps we should stop bringing up trading talks and comparing it with Bitcoin investment because they are two different thing.

Perhaps we should attempt to focus on investing, yet you seem to be the one who seems inclined to bash investing and to talk well of trading.. so you may well be the one who has a bit of chip on his shoulder in regards to wanting trading to be thought of in a better way.. when it also seems that you are struggling with your own differentiation of trading and investing and you seem to be quite focused on profits, which seems to be muddying up your own way of trying to differentiate trading and investing.
He might well be entertaining the distraction that comes from the price movements which makes him think that trading with his portfolio can be profitable for him in comparison to investing on a long term basis. Surely he should know that by his forum registration date, that if he ventures into trading and not investing, he might have not even ended up with some stash of BTC in his portfolio now as his inexperience may have eaten up his holdings and even possibly put him in debt.

I had a fair swipe at trading earlier and my lack of experience almost wrecked me financially, I jumped into investment with the same level of experience and I've not lost, instead I'm seeing profits and getting better financially. I hope to continue this for a longer term since it's better off. Newbies should stay with Bitcoin investment to enable them maintain their portfolio and increase it gently and not having to deal with the risky trading practices or meddle with it so they can remain focused and committed in their ongoing accumulation journey.

Everybody has a choice to make when getting involved with Bitcoin, and you owe yourself to make the right decision towards upgrading, securing and protecting your assets and I think remaining in investment helps a lot to achieve that while trading is an enemy to that notion, especially to beginners since it things them off their assets. Trading had made people to give up on Bitcoin easily since they lost their assets so early and easily and missed out on the profits of long term holding, thereby concluding that Bitcoin is all about loss. For example, someone who bought 3BTC, traded with it and lost maybe half of his portfolio, got angry and may have sold the rest, same person if he was able to hold until now, his Bitcoin would be worth $318k by now and that's a staggering $258k in profits. Same person if he was holding would've been in profits and have the right mindset that Bitcoin investment is profitable. Let's choose our decisions wisely and embrace investment rather than trading.