To me I see trading and at thesame time investment in bitcoin as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun
Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.
Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves in trading for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.
Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.
A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading. It likely would be best to have a separate income so that you are building up your trading capital and you are building up your investment capital.
Sure, if you are able to build up your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from it, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent way.