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.
For anyone who is going to trade, it is likely important to keep some separate accounting and separate accounts, so that the trader never taps into the investment account, and if he wants to build his trading account, he need to accomplish that through building his trading balances. It can be quite difficult for traders to sufficiently/adequately segregate their accounts, especially since they likely devolve into gambling behaviors, even if they had previously not been so much of a gambling type.
Yeah this is very true. It is of utmost importance to separate your trading account from your investment account. It just like you’re placing a blockade between money for playing around and money for serious business.