Quote from: Cryptoprincess101 on February 09, 2025, 10:54:35 PM

Quote from: JayJuanGee on February 09, 2025, 10:19:58 PM

I think that we will continue to need to remind newbies to the thread, since there are so many people who get the impression of trading as soon as they see "buy the dip," yet at the same time, I think that the thread has a history in which "buy the dip" is the premise, and it even took the OP author (Wind_FURY) several years before he even began to realize that DCA is a better strategy than buy the dip....and that is o.k. too.. since it seems to me that so many folks get lured into thinking that they need to start investing in bitcoin with "a good entry point," and so they do not even realize that waiting for a good entry point is not as good of strategy as getting the fuck started and start buying as soon as they can figure out if they have discretionary income.

Thanks to @Wind_FURY for creating this interesting thread because it has helped a lot of us here not only newbies to understand the dynamics of investing in bitcoin rather than trading

Well.. wind @WInd_FURY may have been the originator of this thread but that does not mean that he is the one that expose everyone to know about the important or dynamic of investing in Bitcoin rather than Trading. I think JJG is the real master minder of HODL and has been active here to correct peoples perspective of trading over HODLing, and also the collective contribution of people following suit to such idea is what makes here to be lively and more people gets to understand more about trading vs HODL. If not for Jay and some other active members here this thread would have been long Dead because the op is sometimes not serious. He has even made several attempt to change the name of the thread. So the glory you give to him is not really for him. It's just like bringing up and idea but not working towards achieving that goal. A person who achieve the goal could be recognized more than the idea initiator.

Quote from: JayJuanGee on February 09, 2025, 10:19:58 PM

In the end, some newbies are going to learn, and some will continue with a trading kind of mindset that they have difficulties to shake...and if we are in bitcoin and if we are wanting to continue to talk to newbies, then we likely have to realize that many of them are going to gravitate towards wanting to talk about trading, gambling and even shitcoins, and so some of them will come around and others will take time to figure out that trading, gambling and shitcoins are either inferior ways to treat bitcoin or to think about bitcoin in those kinds of distracted (and lack of focus) ways.

Of course, newbies first get enticed when they are introduced to shitcoins that promises to turn their investment to x100 to x1000 and since they have that initial mentality that they can get quick rich within a short interval of time all their mindset is geared towards trading and that is the reason why when we are talking about the risks associated with trading they become so adamant until they have encountered losses severally and within those times they might start having the true reality of the disadvantages of trading over investing so yeah at the initial stage it is always difficult to draw newbies away from trading.
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It is always like that, it is ignorant and greed that makes newbie to fall into the trap of scamcoin or shitcoins. They always come with the mindset that buying and holding shitcoins thinking its the fastest way of becoming a multi millionaire. due to wring information gotten from internet.