Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Tmoonz
on 05/03/2025, 10:49:53 UTC
Long story short
Bitcoin isn't an asset that should be traded.

This is an interesting perspective you brought out, i guess this is one of the wrong mindset most newbies put into there minds when learning about BITCOIN well as we all know BITCOIN investment is know for a highly volatile and most speculative investment we all know that BITCOIN can be considered a unique asset and unpredictable assets it can be used for store of value and speculation which mean buying BITCOIN for the future used.

That's what still amazes me about what is easier for most beginners who are already familiar with Bitcoin at this time. In fact, they could have thought the opposite like thinking of buying Bitcoin and storing it for the long term without having to use it for anything in the near future. Because even though Bitcoin is already accepted by most companies for payment, it doesn't mean we should use Bitcoin to pay for something that is not much more valuable than Bitcoin. So that's why some people say that Bitcoin is not an asset to be traded even though Bitcoin is already on many exchanges at this time.

There is no limitations to what we can use Bitcoin for, it can be use as a means of exchange, we can send money to our love ones through Bitcoin, and it can as well be use as an investment opportunity for a long term, trading Bitcoin as exchange of goods and services is different from trading Bitcoin to maximize profits for term gains, the part of trading Bitcoin for short term profits maximization is the aspect that is referred to Bitcoin not being an asset to be traded with because it will end up putting you in the state of dilemma, which is very difficult and confusing, regret reasons being that Bitcoin is a volatile and speculative asset where attempting to be trading with it for short term profit maximization can be very complex and devastating.