Normally there are people whom we call day traders, this day traders earn is to trade and make profit daily which required more knowledge to carry out technical and fundamental analysis, this people are the ones that belong to the buy buy buy and sell sell sell category because of price movement.
And there are also another category of people whom we investors their earns is to buy and hold for long term, nothing like buy buy buy or sell sell sell for them, weather the price is going up or down they are still buying continuously, this are people who are committed to there investment vision. You just need to have little knowledge about crypto to belong to this category, no time to stress yourself to carry out technical and fundamental analysis just stay inform that's all you need.
We are not talking about crypto in this thread but bitcoin so don't get your self distracted for we hardly give too much concern on shitcoins or even to involve in them and also try to figure out the difference between bitcoin and shitcoin so it's better you learn bitcoin and master how to use the word bitcoin instead of using the vague word crypto.
Yes, this thread aims to discuss bitcoin investment and good buying strategies. But in my personal opinion, maybe Joy Maker doesn't know the difference between bitcoin and crypto, so he equates crypto with bitcoin. That's why in his posts he uses the word crypto more than the word bitcoin. But I think the content of Joy Maker's post is quite good too. Because he said it is better to be an investor than a trader and I really agree with his opinion. Because it is true that being a Bitcoin investor is better than being a trader. Because being a trader has greater risks than being a bitcoin investor. Therefore, in the future Joy Maker must change the crypto vocabulary to bitcoin, if it wants to discuss bitcoin. Because the word crypto is too general, because there are so many cryptos and they have different names.
It is better now he figured out different between bitcoin and crypto so he can stop using the Crypto in bitcoin discussion thread so that he won't get other newbies here confused, distracted or lead them to investing in to shitcoins believing it is bitcoin.
Normally there are people whom we call day traders, this day traders earn is to trade and make profit daily which required more knowledge to carry out technical and fundamental analysis, this people are the ones that belong to the buy buy buy and sell sell sell category because of price movement.
And there are also another category of people whom we investors their earns is to buy and hold for long term, nothing like buy buy buy or sell sell sell for them, weather the price is going up or down they are still buying continuously, this are people who are committed to there investment vision. You just need to have little knowledge about crypto to belong to this category, no time to stress yourself to carry out technical and fundamental analysis just stay inform that's all you need.
Bitcoin is the only cryptocurrency that a newbie should invest in because, only bitcoin is promising and has the potential to increase your investment in future as long as you buy and hodli as you keep on increasing your bitcoin portfolio overtime to a good size. When you use the word crypto, it can be misleading to newbies like you who are reading this thread, because if it's not bitcoin, it's shitcoins and majority of investors do get scammed from shitcoin.
Imagine, you telling your friends or people around you with no knowledge on bitcoin to invest in crypto, they will feel that you are talking about any coin and they can end up buying shitcoins, this is why I only invest in bitcoin, so that I don't have any business to talk about shitcoins, because I have been scammed earlier when I got into the cryptospace by these shitcoins dev.
Bitcoin is not a cryptocurrency don't mislead newbies here bitcoin is bitcoin while shitcoins is shitcoins moreover this is a bitcoin discussion thread so you can take your Crypto elsewhere.
Unless you are advising investor or newbies not to invest into shitcoins rather than bitcoin investment which their discretionary income and hodl bitcoin for long either using the DCA strategy to stack bitcoin buying either weekly or monthly and hodl rather than fucking around shitcoins.
You are funny mate... Your problem is that you don't read and take your time to digest the information in what you read before jumping to post what you already have in your head. If bitcoin is not digital currency(cryptocurrency), then bitcoin is what. Is bitcoin stock, bond, gold or landed property. Go back and read about bitcoin because I don't know the category of asset bitcoin falls under to you.
If you read my post, you will see that I made my explanation clearer and I never hyped shitcoins, instead I was specific on the word bitcoin.