[edited out]
.....Accumulating Bitcoin and HODL for long will give you mind rest rather than trading,
traders actually make profit while trading But the risk involved is much compare to long time holders so it is better to accumulate Bitcoin and HODL for a longer time instead of fucking around trading bitcoin which is meant to be an investment......
Part of the problem continues to be how "profits" are measured, since it seems quite likely that no trader is going to want to sell at a loss, even though sometimes traders will get out of a position in order to stop further loss from taking place and then to free up their capital to be able to put it into some other place when the current location of the capital seems to be losing.
Another issue is the timeline for measuring the supposed "profits," and so yeah there could be some perversion in regards to showing profits every year, but then surely if we might be looking at how investing into bitcoin had performed over something like 10 years, the trader may well would not have had records that might have had been detailed enough to show how much money he had been putting into his trading portfolio in order to compare to what the bitcoiner did over that period of time. Sure it is possible that we could find instances of being able to compare an investor and a trader and potentially showing that they had a very similar budget in terms of new money coming in, such as a bitcoin investor who had $100 per week coming into his investment as compared with a trader who also had $100 per week coming into his trading funds, so then if each of them were to keep their funds somewhat segregated in order to compare them, it seems that it would be pretty rare that an equally capitalized trader would have had been able to come close to the bitcoin investor with the same budget, especially if we are looking at something like a 10 year timeline.
I can say that those who have succeeded have been lucky. Just as in a gambling den, there can be profit or loss in shit coins. Some investors can dream big by investing in those gambling tokens in a short time, but in reality it is completely baseless. In the long run, shitcoins are just trash in the wallet. if Bitcoin is invested as a reliable investment medium not for luck-based investment, then an investor can own a permanent asset in the long run even if he does not get anything in the short term. Personally, I also did not understand shit coins well at the beginning of my investment. I lost my investment due to greed. But when I gained a good knowledge about the market and bitcoin, it started to seem that only Bitcoin is permanent asset in the long run and it is a great asset for people, so I have been holding Bitcoin as much as I can.
It cannot be denied that Bitcoin is the most promising crypto asset and until now there is no other crypto asset that can compete with it. So if you want to look for an investment path that has less risk, but has quite promising potential in the future, then Bitcoin is the answer. But of course not everyone is aware of this potential, even those who do know are quite a few who ignore this potential and prefer to buy shitcoins. But don't be surprised, because that is the nature of humans who cannot control their emotions well.
The reason is, people who cannot control their emotions tend to prefer to ignore assets that have great potential such as bitcoin just because they are lazy to wait, but choose shitcoins on the pretext that they can multiply their money quickly.No, I don't think it's about emotions, because
Bitcoin investors have no business being emotional about their holdings, that is for traders, I think it's more of Lack of knowledge or being greedy.
* Lack of knowledge: these are newbies investors that don't has the right knowledge, they don't know that investing in shit coin is suicidal, sometimes they are just misinformed.
As for the greedy ones: those are the ones that knows all that it entails about Bitcoin and shit coin, but they still went ahead to invest in shit coin due to greedy of 10x to 20x, so it's not about emotions that makes investor to invest in shit coin, it's more of greed or lack of knowledge and sometimes inpatient as you have rightfully claimed already.
For sure bitcoin investors may well have periods in which they end up being emotional about their bitcoin, and for sure, they should be attempting to put systems in place so that they can lessen the amount of emotions that they feel, and surely it can take time to build their own systems and to build their own bitcoin portfolio in order so that they are less and less emotional about it.. and even though I agree with you that bitcoin investors should be striving to create systems and practices that facilitate that they are less and less emotional about their bitcoin investment, it seems that it is difficult to completely remove emotion, even from bitcoin investing, and sure you are likely correct that relative to trading, bitcoin investment should end up playing out in practice as way less emotional than trading .. whether trading bitcoin or getting involved in shitcoins.. which hopefully normie newbies are able to minimize or at least control their exposure to either trading of bitcoin and/or getting involved in shitcoins.. perhaps less than 10% the size of their bitcoin holdings (without cheating).
Focus more on what Bitcoin can do for you and think less of what others think about Bitcoin, and please stop calling people fools because anyone is allowed to do whatever they like with their money, maybe they can learn the hard way.
When you plan to invest in shitcoins, it means you are putting your money in a high-risk zone. The chances of loss are much higher here. Chasing the temptation of quick money is not a difficult path, but rather an easy way to lose your own money. It's a place of temptation where the allure of winning will encourage you to lose money. I would advise you to invest in simpler coins like Bitcoin, instead of learning the hard way. DCA (Dollar Cost Averaging) with long-term investment gives you a high potential for profit with lower risks. However, you need to invest not only your money but also your patience here.
Investing in shitcoin is like someone who dreams of getting rich in the near future. Indeed, there are people who have succeeded in getting big profits from small initial capital. It happened not because it was analyzed from the beginning, but because of coincidence. I have no evidence to justify this but it is just my guess.
In general, investing in shitcoin is the same as piling up money without turnover.
Shitcoins are not something one should invest on, shitcoins are scam and should be avoided, I have lost a lot of money in shitcoins and it has frustrated a lot of people, is better you invest in Bitcoin and keep holding.
I have not invested yet but I have learned and understood that Bitcoin is the best investment among all investments. Except Bitcoin, Shitcoin is a very risky investment. I have heard many success stories of those who have invested in Bitcoin. So far, no one has failed by investing in Bitcoin and holding it, everyone has achieved success. However, almost everyone has failed in Shitcoin investment. I have also heard that Shitcoin can die at any time and can destroy people at any time in investment. So buy Bitcoin, hold Bitcoin, and surely you will succeed in investment.
Why are you being ignorant and adamant to invest in bitcoin with all what you said above. I hope that you don't regret your actions of waiting at the ball park learning about bitcoin without any evidence to show that you believe and have confidence in bitcoin. Investing in bitcoin is not all about theory because there are other factors like emotions during market fluctuation, temptation of profits, patience, discipline and financial management.
Without investing how will you experience all these and advice someone to invest in a long term. It will be good for you to put your shit together and start investing in bitcoin with your discretionary income right away. If you don't have a means of income look for one, if you don't have a discretionary income, cut down your expenses and look for a second means of income. This is why this forum was created to be a gateway for people to invest in bitcoin and build their bitcoin investment for future sake. Don't be a no coiner or a low coiner in future.
As you suggested, a person without experience in actually buying some BTC has close to zero credibility, if not zero credibility, when it comes to attempting to outline and/or explain the various balances of bitcoin investing (or even trading or shitcoining to the extent that any of those experiences might be relevant, too).
It seems that even guys who have very little money (such as $10 per week) are going to be way more credible in terms of attempting to describe what is happening in bitcoinlandia.. .. even though surely even some guys who are barely getting started in bitcoin, they end up going way beyond their own experiences and starting to talking about managing their BTC or selling it and/or various future trade offs, when it seems that they have to try to work through some of the areas that they know rather than getting into areas that are not even close to their own experiences.
Surely, it does make some sense for some newbies to ask about the next stages, yet sometimes we might see guys with only 1-2 years of experiences proclaiming that their bitcoin experience is the greatest and blah blah blah. and they had not even gotten through a whole cycle to be able to presume that 1 or 2 cycles down the road that they are going to have had survived the whole experience... and surely, I have no problem with guys projecting various scenarios into the future based on their already existing experiences (and to where they had gotten so far), yet surely it becomes problematic if guys presume only one scenario to play out based on their already existent experiences, and sure even though they might have some base case scenarios, since the future has not yet played out then we likely still are going to need to consider various ways that the future might play out.
Another thing is that if a guy has spent about 8 months registered on the forum (like Powerjumboo) and has ONLY theorized about bitcoin without even figuring out how to buy some (even $10 worth), then he seems to be in no position to theorize about anything related to bitcoin beyond his trying to figure out whether to buy or not and various very basic preliminary ideas related to the pre-coiner state of affairs. Surely any of us could end up getting a bit beyond our own experiences, and we might even want to propose future scenarios in order to ask questions, but not having had gone through some basic steps of at least setting up a wallet or sourcing funds after 8 months on the forum or something seems to disqualify that member in terms of lacking actions to follow his pie in the sky (detached from reality) words.