Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
CageMabok
on 26/03/2025, 18:39:48 UTC
Trading with bitcoin is a very big mistake for anybody, not just newbies, it shows lack of patience, but beyond that, it also shows complete lack of understanding of how bitcoin works, its not a get-rich quick scheme, it's also not some kind of a magic trick where you wave a wand and the price jumps up on your order, it takes time and should never be used as a source of getting quick cash, this has made many people bankrupt and is still doing so to people who are refusing to understand that bitcoin market it for investing not trading, if a person is deciding to trade with shitcoins, that is their business as is the losses the will accumulate in the process, but never go into bitcoin with the intention of trading.

If we look at the data between traders and investors who are successful with their respective jobs, of course there is still a higher percentage of traders who fail than investors who are unsuccessful because on average almost all Bitcoin investors always manage to make a profit as long as they can be patient for several years by continuing to run their investments routinely. So we can conclude that trading with anything including Bitcoin is a step that contains a higher level of risk so it is very natural for some people to avoid trading and prefer to just make investments without having to bother their heads to keep looking at price charts in the market for Bitcoin or other coins.