Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Agbamoni
on 16/02/2025, 22:24:42 UTC
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.
Dont mislead people when you are talking about trading and investment. No one said you cant succeed in trading of course there are people who have got the most out of it but that's like a 20% success expectation because there is high risk involved. The reason why most of us are actually investing rather than trading is because we have considered our risk management plan to know that its better to invest for the long term and hold it than to risk doing day trading in whatsoever form. All is profiting but choose wisely based on your financial strength and risk management.