Quote from: justinlamode on Today at 09:55:34 AM

Quote from: DubemIfedigbo001 on Today at 08:46:23 AM

Quote from: WhoYouCantKill on Today at 06:06:41 AM

Finally, I’d say that trading is full of complexity and unpredictability, there’s not a single guarantee of actual success, but for those who can’t resist the temptation and are actually willing to take the risk, they should be super careful and always remember to use not more than 10% of their holdings in order to be on the safest side.

I think if you must trade, trading wallets should be handled separately and holding wallets should be treated separately. Your accumulation amount for your holdings and your portfolio should not be tampered with, then if you must trade, plan a different fund buildup for it which shouldn't in anyway be intertwined with your Bitcoin holdings, your consistency in buying Bitcoin or your buying amounts.

I reinstate the belief that involvement onto trading during your accumulation journey isn't the best practice since it may lead to divided focus, so I believe your accumulation journey would be more effective when you focus on Bitcoin accumulation alone and divert the money intended for trading to buying Bitcoin to increase your aggressiveness.

There is no law that says you must trade because trading is not what to advise someone to go into especially in a thread like this where we are discussing how to hold Bitcoin and benefit the most from it. Giving suggestion on how to go about trading means you are sanctioning it to be something one can do and succeed which is indirectly leaving room for people to try as there people following our conversation that curiosity will push into trying it out. You already know what will happen to such people and the process they will go through before the finally learn that trading is not and easy thing. Therefore, I don't support trading and I will not encourage anyone to rush into it when we have a better option like investing and holding.

That's right, if there is momentum to invest in bitcoin, yes, it's better if we just invest in bitcoin. Don't waste your time trading. Because as we know trading really has a very big risk and the number of people who succeed in becoming a trader is really very minimal. So why should we take a path that is only a minority successful (becoming a trader), when there is a better path, namely becoming a bitcoin investor. Because even though Bitcoin does not guarantee 100% we will get a profit. But I am very sure that if everything in this world goes well and no big chaos occurs (like a big war) I am very sure that 95% of bitcoin guarantees us a profit. The most important thing is that we invest in bitcoin for the long term, at least two bitcoin halving cycles. If we can do this, there is no need to doubt that our investment in Bitcoin will end in success. Apart from that, talking about how to successfully become a trader in crypto in this thread is not appropriate. Because this thread is not intended to accommodate things like that.