Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 14/02/2025, 03:00:54 UTC
[edited out]
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.

Many people cannot resist temptations to trade, and if they could at least force themselves to limit their trading budget to no more than 10% the size of their BTC stash, without cheating by continuing to dip in  their BTC stash when they lose, then they might be able to at least satisfy their inclination to want to trade/gamble.   

A lot of people are not able to limit themselves to less than 10% trading (and shitcoining), yet those who do will likely come to see that trading is a very difficult thing to accomplish, including taking a long to time to practice in order to get it to be consistently profitable, especially over a longer timeline,  such as 4-8 years... the longer the time frame, the more likely they would  have had been way better off just buying bitcoin and sticking with a focus on accumulating bitcoin.. yet it is understandable that they might want to try to outsmart the market.. so if they can at least limit themselves to less than 10% for  their  trading and shitcoining, then they can really find out whether they have abilities to trade and to actually outperform bitcoin over a longer timeframe.