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Quote from: DubemIfedigbo001 on February 16, 2025, 08:46:23 AM

I have a problem with people even having to use part of their Bitcoin holdings to trade. I believe in separation of concerns and precision which spurs effectiveness.

Why will you even be trading with your bitcoin holding? It doesn’t make send to me, if you are planning to hold your bitcoin, then it’s better you hold, but if you want to trade, then just focus on that, and if you are planning to do the two, just split the money you are having, leave some in your investment wallet, and be trading with one part on exchange, but touching your investment money frequently doesn’t really go well.

Quote from: DubemIfedigbo001 on February 16, 2025, 08:46:23 AM

I think if you must trade, trading wallets should be handled separately and holding wallets should be treated separately.

Traders do make use of exchange to trade, so most of them do leave their coin on exchange pending when they won’t be trading for some time, before they withdraw it, but if you are planning to hold, then your money shouldn’t be on exchange, you should be in control of your money always, don’t leave you money in exchange, because if anything happens to the exchange, you might end up losing your money, and we should know that no exchange is too big to be compromised.

To me I don't see trading and at same time inventing as a good idea because one day you might be tempted to touch your investment or discretionary to trade because of loss incur in your trading. However, trading has a very big spirit that is like gambling addiction and whenever you turn an addict, you can even go as far as selling your Bitcoin investment and when that one is gone you may still go and Borrow to trade that is how dangerous trading can be apart from the fact that it is very risky, so whosoever that wants to trade should just go straight and whosoever that wants to invest should also go straight instead of mixing or doing the two simultaneously it doesn't make sense, it is not a good strategy or approach.

Yeah trading can be like that sometimes especially to those that are new to it without any good skills , trading is not like Bitcoin investment everyone can invest in Bitcoin with the right principle and endup with a smooth investment with a nice result, while in the other hand trading is not for everyone is for those with the right skills because there are still folks at there making decent money from trading and there are still those losing from it, but those gaining from investing are much compare to traders because most traders usually endup given up after several losses. So stick with what work for you and always make sure you are doing it well , and this thread is for Bitcoin accumulating and holding not for playing with your Bitcoin in form of trading.

Trading is more difficult than Bitcoin investment, because you need to have the knowledge of Bitcoin trading before you can embark on Bitcoin trading to have a good income that will encourage you to stay long in Bitcoin trading. It's true that anyone can invest in Bitcoin investment to get what other investors are getting from the investment when they follow the simple instructions on how to hold for long term before They can plan to release their Bitcoin for sale to make a passive income. To show that trading is more difficult than Bitcoin investment, just take a look at the population of investors and traders in the community, you will know that trading is very difficult and I will encourage new traders over there to have the knowledge of Bitcoin trading before embarking on trading.

Before investing, some people may consider trading to get more profit, especially if they are new investors. Trading experience should be because otherwise you may be deprived of a lot of experience in long-term investment. Initially, I thought that buying Bitcoin at the Dips price and selling it at a higher price is such that you can be satisfied with only a small amount of profit. Later, with little experience, I withdrew from my idea and focused on continuously accumulating Bitcoin which is increasing the stack. If the price of Bitcoin is expected to rise even higher in the future that situation will allow me to be more successful than trading with a decent portfolio. Whether there is a tendency for the price of Bitcoin to dump or pump, there should be a tendency to continuously accumulate.