Re: Buy Buy Buy or Sell Sell Sell?

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Edited on 19/06/2025, 08:39:39 UTC

Quote from: Sonia_123 on June 12, 2025, 01:17:50 AM

Quote from: HOPE25 on June 11, 2025, 08:08:50 PM

Those taught are that of traders, it is only a trader that will say when Bitcoin price increases they make will more money because they are scared of losing their money when the price drops.

Trading is never a good strategy of making investments in Bitcoin, and whoever that is interested in trading is not an Investor but a Trader, and even those experienced traders that you think are going to do better than someone who focuses only on investing and accumulating bitcoin are not doing any better so it is misleading to think that experienced traders are going to be more profitable when involving themselves in Bitcoin trading.

Therefore it is adviceable to avoid and stay out of trading.
One this I have understood is that the knowledge anybody has about bitcoin widely depends on the person or means through which he got into bitcoin exercise. A person who was introduced into bitcoin by a Bitcoin Trader is bound to be a Trader. Some people panic in any slight market shift due to volatility. How on earth is someone still thinking that coins or would continuously be on the rise? It goes up and down. If you can be able to maintain your DCA, then you have the highest discipline anyone can have.

Original archived Re: Buy Buy Buy or Sell Sell Sell?

Scraped on 12/06/2025, 08:39:49 UTC

Quote from: Sonia_123 on June 12, 2025, 01:17:50 AM

Quote from: HOPE25 on June 11, 2025, 08:08:50 PM

Those taught are that of traders, it is only a trader that will say when Bitcoin price increases they make will more money because they are scared of losing their money when the price drops.

Trading is never a good strategy of making investments in Bitcoin, and whoever that is interested in trading is not an Investor but a Trader, and even those experienced traders that you think are going to do better than someone who focuses only on investing and accumulating bitcoin are not doing any better so it is misleading to think that experienced traders are going to be more profitable when involving themselves in Bitcoin trading.

Therefore it is adviceable to avoid and stay out of trading.

One this I have understood is that the knowledge anybody has about bitcoin widely depends on the person or means through which he got into bitcoin exercise. A person who was introduced into bitcoin by a Bitcoin Trader is bound to be a Trader. Some people panic in any slight market shift due to volatility. How on earth is someone still thinking that coins or would continuously be on the rise? It goes up and down. If you can be able to maintain your DCA, then you have the highest discipline anyone can have.