Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
mvdheuvel1983
on 19/02/2025, 17:03:48 UTC
trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground.

Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all.

But I believe that Bitcoin is the only long-term investment that is most suitable, because we support Bitcoin as a trusted coin. So entering here I think it is best to never get involved in trading and short-term investments.
Whenever you invest for a short time, if your investment plan is not immediately followed, you can weaken your fortune even more, you will notice Saylor is shouting and making Bitcoin investment long-term and he is holding the most Bitcoin. Seeing his investment, we must invest in Bitcoin according to our ability, the more prudently he can earn, the bigger his investment will be.

Bitcoin has originally being made to be a long-term investment and not a short-term instead, of investing in short-term that will not be ideal why putting your self through all that stress, settle down, re-strategize your life style in terms of how you spend or by making a move to increase your income and start your long-term investment so that you will have a smooth and successful long-term investment instead of buying and selling at every financial issues you find yourself, so that you can invest what you have and not what you do have, Short-term investment is a good as not investing at all.
If you can grow your Bitcoin investment with the belief that it will give you financial freedom in the future, you will continue to benefit positively from it down the road. Basically, to save Bitcoin, you should organize alternative sources of income so that you can continue to accumulate Bitcoin in the long term. Your plan for accumulating Bitcoin should be such that you will continue to do so for at least 4-10 years or more without any outside intervention. That is why it is emphasized and recommended for every investor to have a backup fund available. To keep your investment activities smooth and to hold for the long term, you should have a source of income and at least six months of backup funds.
If you are a new Bitcoin investor, you should start Bitcoin without considering the need to keep a backup fund from the moment you start. As time passes, you will increase the scope of your Bitcoin accumulation and the long-term urge will arise for you to keep a backup fund.

Based on the fact that Bitcoin has a proven track record of longevity there is a possibility of getting financial freedom to any investor who is willing to accumulate Bitcoin for a long period of time, for a long term investor you don't necessarily need to have a huge amount of money for you to keep buying Bitcoin rather you should evaluate the amount you are willing to invest either by weekly or monthly then make it a habit and remain consistent in it you will be shocked to realize the number you have been able to buy within a short period of time. You don't really need a back up funds before investing in Bitcoin all you need is what you clearly mentioned which is your source of income and a private life to keep accumulating Bitcoin until you are able to achieve your goal. For easy investment plans investors are also advised to choose the DCA method it helps the investor to have a stress-free pattern of investment since he will be able to buy any amount and when anytime without minding the price of Bitcoin.