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Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Samlucky O
on 14/02/2025, 04:13:39 UTC
⭐ Merited by JayJuanGee (1)
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.
Although you have made a decent point here but I want to let you know that despite Bitcoin is meant for buying and HODLing for a long period of time does not mean people don't trade with it. I am surely taking about the part which I bolded. Which you say that you don't trade with Bitcoin neither it is not advisable to HODL shitcoins. Yes it's true but people do trade Bitcoin more than any other Altcoin or shitcoins. But note that my explanation doesn't in any mean I am a supporter of trading or gambling but just drawing to your notice that Bitcoin is traded by many because you sounded as if no one trade in Bitcoin.


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.
Funny enough, those that want to outperform the market end up losing. Even though surely they make some peunot but can't be compared to people who Hodl for long.

Those who find it difficult to limit themselves to less than %10 trading on shitcoins or Bitcoin are just being addicted
 Trading can be a serious addiction Hence people underestimate it. Surely whenever a person proclaim to trade with %10 and surely over spend and use above %10 it becomes addiction. There are folks who might have been accumulating for a long period of time but was tempted to trade less than %10 of their HODLings and gradually Trading above the %10 and thinking they will stop but little to no time 4-8 years passed their %100 HODLings may be seriously tamperd which is caused by addiction. So it's better people don't even give trading a chance otherwise it will leed to trading below %10 to above %10, all trading of the total amount accumulated because of greed.