Quote from: DubemIfedigbo001 on Today at 06:00:47 PM

Quote from: Joy- maker on Today at 05:49:12 PM

Quote from: G_Besar on Today at 11:30:57 AM

Quote from: Joy- maker on February 12, 2025, 11:56:52 PM

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.

Not all traders always make a profit every day even though they are good enough at reading market conditions and also have good technical and fundamentals. Because trading is a job that has a pattern of increasing and decreasing at all times so it is always quite difficult to make a profit every day even though if calculated weekly there may still be more profit than loss. That is why some people prefer to be long-term investors because they do not have to face market conditions every day after they buy the amount they can afford at a certain time.

I don't see any reason why someone should say that trading is away of make profit in bitcoin, to me traders get more lost than investors who are buying and holding for a long term, trading is more risky than investing, investing in bitcoin we give you a reasonable profit than trading, there is no way you can compare trading to investing when it come to bitcoin.

Trading can be attributed to a way of making short term gains for experienced traders, while inexperienced traders just waste funds unnecessarily. trading/gambling Bitcoin can still be likened to those who buy Bitcoin in bear season to make short-term profits in bull season.

Trading profits, if made at all cannot be compared to profits from investment. Buying and holding Bitcoin for a long-term has more profitability potential than merely trading it.

Newbies are advised to desist from trading and channel such funds into buying and holding Bitcoin since trading is victimizing with limited knowledge, but investing into Bitcoin can be done with little knowledge and having discretionary income and you'll have nothing to loose while you learn more about Bitcoin as you advance in your accumulation journey

I see some people linking trading to Bitcoin investment and it gets me confused cause, Bitcoin investment requires longevity while trading are for those that are impatient to wait for a longer period and are willing to risk speculating the price of other cryptocurrencies, I don't even think it would be nice to involve a coin like Bitcoin with trading cause it's very risky and one could lose everything they've been trying to achieve, the best way to maximise profits in Bitcoin investment is to buy and hold for a longer period, then buy periodically to help recover loses when their's a dip.

Some people get the both concepts wrong and it's so misleading, it's either you choose to be a holder which is buying and holding Bitcoin for longer period or risk going into trading Alts and shitcoin but the concepts shouldn't be misinterpreted, you don't trade with Bitcoin neither is it advisable to hold shitcoins for a longer period but if anyone decides to do otherwise then the joke's on them cause it would end in regrets, except luck helps them like it does for some traders but it's not advisable especially for Newbies.