Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
SOKO-DEKE
on 19/02/2025, 17:27:04 UTC
⭐ Merited by JayJuanGee (1)

Actually, If you can trade and invest, that is your personal matter.
This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable.

I don’t think its HARD for someone who’s a trader, where it might prove difficult is when you have no knowledge and tested skills of trading. I know people who do both very well, and to tell y’all a fact most traders are holders. Traders might have more knowledge of bitcoin than even holders. Why there is commotion and large losses in trading is cos there are a lot of wannabe traders who have not fully understood the art but go into practice cos they see it as a get rich quick scheme cos they’ve seen successful traders who flunt their wealth and wants to be like them forgetting that those successful traders lose money too, And those who feel they’re experts after one or two months online class in trading, a lot of people claim to be traders in the real sense they’re just wannabes who wants to make it big and fast and when they lose money they feel like they’re gonna get the market back, there’s no such thing and no 100% in trading, to be successful you have to make sure you’re winning more than you’re losing. Trading is not so bad when you know what you’re doing. It’s a risky game Yes, it’s gambling Yes, don’t just be too greedy and Stick to your plans. Don’t start trading when you’re a novice, there’s a reason for demo accounts.
Or better still just buy and hodl and have your peace for as long as you want.
Real traders can do both perfectly WELL

It is always hard for a serious trader to also be a serious Bitcoin holder. Some people engage in both trading and holding Bitcoin, but many of them have lost everything. This happens because, after losing funds while trading, they attempt to recover their losses by using their Bitcoin holdings. Unfortunately, this often leads to further losses.

It is very difficult for someone to succeed as both a trader and a holder at the same time. While you might know someone who is doing fine managing both, many others have tried and ended up with nothing in their wallets. What I want you to understand is this: never believe the people you see online who claim to be successful traders and Bitcoin holders at the same time. Many of them have other sources of income to fund their trading accounts, which prevents them from touching their Bitcoin holdings.

In fact, making money from trading is extremely hard. It’s not that traders don’t make money at all, but the profits are often not as significant as those flaunted online. If you check, you’ll find that many Bitcoin holders are not traders. Trading while holding puts someone at significant risk, as it can tempt them to dip into their holding wallets with the aim of recovering losses or trading with larger amounts.