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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Ruttoshi
on 08/02/2025, 16:31:20 UTC
⭐ Merited by JayJuanGee (1)
You can not serve two masters at the same time, because you will be committed to one than the other. If you are trading and investing at the same time, there's high possibility that you will be liquidated in trading and you will go and dip hand into the bitcoin that you are investing because it is always lying in your wallet to tap some bitcoin to trade with. You will believe that you will make profit and put it back but gradually, you will lose all your bitcoin investment to trading because trading is same with gambling and you will run at loss in the long run.
What are you saying? Hehe  Cry when we live in a society where you can't survive with just one stream of income let alone relying solely on a long term investment like Bitcoin. A newbie who is just starting out will find this advice too discouraging. One can still be a trader and investor at the same time and there are many of them out there who are making it big running both at the same time.

So are you advising newbies with zero knowledge on trading to jump into trading and run at big loss because they need double stream of income. Your statement is misleading to any newbie reading tgis thread because trading is very complex and doesn't guarantee profit because you are a good trader. Trading have made a lot of people run at big loss because they think that they can outsmart the market, but the opposite was the case.

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Trading is not bitcoin accumulation strategy, because you are selling. When you are accumulating, you don't sell. So buying to sell and buy back is classified as trading.

When you have just started your bitcoin investment as a new investor, you are to set up an emergency funds which you will use to take care of any real emergency that plays out on your bitcoin accumulation journey. You can share your discretionary income into two part and invest into bitcoin with one part and use the second part to build up your discretionary income to three months of your monthly income. This will be a back uo funds to your bitcoin investment so that you don't sell your bitcoin when an emergency arises.
I think you have to go through my reply again. I never referred to bitcoin trading as an accumulation strategy but an approach to help increase capital for investment. Trading and investment can go hand in hand for someone who has good discipline and emotional control and have high accuracy in decision making knowing when to pause and when to take the risk because even with DCA bitcoin investment is still not a 100% guarantee.
You are more like a trader and you will regret your actions for gambling with your bitcoin instead of piling it up for your future. Nobody is talking about 100% guarantee in bitcoin investment because no investment is 100% risk free but if you use the right amount of your discretionary income to DCA consistently and persistently for 4-10 years and above, you will have a good size of bitcoin overtime. DCA is to help you accumulate more bitcoin overtime, while trading is to help you lose more bitcoin overtime.