Quote from: JayJuanGee on Today at 03:37:40 AM

Quote from: Makus on May 18, 2025, 10:16:18 PM

Quote from: laijsica on May 18, 2025, 11:54:52 AM

[edited out]

Well to be honest most people do make some attractive profit from trading but just like gamble it's never certain if you'll be at loss in your next trade or not and immediatelyyou start receiving small profits from the trades greed tends to step in and make you want to have more which is the unseentrap behind trading that people fail to identify that leads to destruction.

You are speaking out of both sides of your mouth Makus.

You are claiming that most traders make profits, but at the same proclaiming that if they keep trading then they end up screwing up.

I think that the point is that they screw up rather than they make money because any trader can have some lucky trades, but that does not mean that they can be consistent, especially over something like 2 bitcoin cycles, and they likely are not going to be able to beat the performance that they would have had if they had just bought bitcoin for two cycles rather than fucking around trying to trade one of the best, if not the best, assets that is currently available.

You can believe what you like in regards that traders are actually able to be profitable in consistent ways, even if they are a good trader, and realistically, anyone who comes to bitcoin has likely more than 90% odds or more that he would do better to just stay focused on buying bitcoin and investing in bitcoin and figuring out his cashflow so that he can consistently, persistently, ongoingly buy bitcoin, and perhaps even aggressively buy bitcoin rather than fucking around trying to figure out if the price is going up or down and taking chances with the quantity of bitcoin that he had spent time building up.

Quote from: Makus on May 18, 2025, 10:16:18 PM

Majority of the times those who trade on short term market prices often regret ever taking the step to trade in the first place. Trading is often frowned at because it's more risky than holding for long term whereas the goal is to make a less risky investment that is profitable(long term holding using discretionary income).

You start out by saying that trading is profitable, but then you end your post by saying that people should not trade, even though trading is profitable. That hardly makes any sense, and trading is not even supposed to be our topic in this thread in the first place.

It is not a new thing that some people who claim to be investors are more of traders due to impatience and greed. Profit + Loss is all Loss. So being aware that you can also run into loss after making e supposed profit due to an act of playing smart is not an economic advice. There are always some possible lucky days but it's occurrence is not frequent and a single unlucky moment can get you back to square one. Buying to Hodl is the only trusted means of safeguarding your assets. It's always tempting when there's a positive market shift but that's just a Bait.

Investment by discretionary income can help you Hodl for a very long time. This is because you are not at a rush to regain your money for any pressing needs which your backup funds and emergency funds can always take care of. Trading should not be justified by any available opinion, since it's just a gamble which could attract you to destroy your efforts.