Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
Moreno233
on 16/04/2025, 14:46:03 UTC
⭐ Merited by JayJuanGee (1)
It is important to stay away from Trading as a Beginner, It is also important to stay away from Trading as a Bitcoin Investor, If you have a future plan it is important to focus more on accumulation, Trading our assets is a terrible idea, I know everyone has there reason for trading that is why it is important to have a good financial plans before Investing in Bitcoin
If he want to trade, he should allocate more money so he will not disturb his investing money. A beginner will curious with so many things about crypto especially if they are actively with their social media.

They will see many people say about crypto including trading. But they will not try trading instead focus on accumulating on Bitcoin. That will keep them away from the trading loss because trading is not all people.
It seems you are still very much engrossed in the word "crypto" rather than Bitcoin. It has been emphasized that it is better to use the word Bitcoin rather than crypto which is like a generalization that makes Bitcoin the same as the numerous shitcoins out there. I think there is sense in it because if we dwell in using crypto, anyone who loses money to shitcoin will hate Bitcoin together and call everything scam including Bitcoin which is far from being a scam.

Furthermore, I will not advice anyone to trade due to the inherent risk associated with trading and for a volatile asset like Bitcoin, such risks are compounded. Instead of advising someone to increase his capital allocation if they want to trade, those extra cash can be used to increase Bitcoin accumulation for long term hold. Let us encourage more people to hold because that is safer and easier to realize much profits and minimal risk.