Quote from: Ryu_Ar1 on August 06, 2025, 06:45:58 PM

Quote from: Kelward on August 05, 2025, 02:03:49 PM

We cannot say that trading Bitcoin is not an option that it's a trap, I think that ideology is misleading, what we can say is that trading Bitcoin on the short term is not for everybody because it is volatile therefore risky. There are professional traders that are making profit on the short term, trading is something that requires learning the skills to be profitable and minimize loses. It should be noted that if you don't diligently learn the technicalities and fundamental analysis of trading before engaging in it you're just gambling your funds which is very risky.

Regardless of whether it is misleading or not in fact when we have confidence in investments then I think why trade because it becomes a situation that is not worth it to do.

Indeed, this may be a consideration and choice for some people but by looking at the conditions where many people are ruined because of trading then why do something that leads to a much greater risk when there is a better option which is long-term investment.

The mindset to get profits in a short time and make us rich instantly has always been a difficult thing to avoid but we must realize that to achieve a goal there is certainly a process that we must go through and I think if it is inadequate and only focuses on fomo and is more concerned with instant profits without thinking about the risks (losses) that are likely to occur due to trading then it is clearly not worth it to do.

Bitcoin trading is definitely not a trap but at the same time, it is not for everyone. Anyone who engages in a short term trade, should have it at the back of their minds, it requires serious risk management plans, serious discipline and some serious skills all together. You don't just go into short term trading when you're not ready to invest enough time into studying charts, understanding the market and controlling your emotions and taking calculated risks. It won't pay you when you don't factor in these efforts and you will just end up gambling instead of trading.

I am also of the opinion that long-term HODLing is a better and safer option for many beginners and others who do not have the patience and cannot easily control their emotions. It aligns more with your wealth building targets and reduces the stress of having to monitor daily market trends and swings. But the real problem lies on when you begin to chase quick profits without learning the basic knowledge to profit making and when you allow the get quick rich mindset to get over you and not really because trading in itself is a bad practice.

Quote from: Barikui1 on Today at 05:50:48 AM

Quote from: Gallar on Today at 04:43:09 AM

I think you don't understand the assumptions I conveyed, because I said for people who have met their accumulation targets it is okay to sell a little bitcoin to enjoy the results. Then about whether someone has reached their bitcoin accumulation target or not after two cycles, I think I have also given that point in my post. Because you need to pay more attention that I only said it was okay to sell a little bitcoin for people who have reached their accumulation target and also have 2 cycles of hodl. So for people who haven't reached the target, definitely don't sell their bitcoin first.

Because basically we have to think more realistically, so enjoying a little profit from investing in bitcoin will not make our bitcoin assets run out. Because I need to emphasize again, I'm not saying sell all the bitcoin, but just a little bit. Because in my personal opinion by enjoying a little result from the bitcoin investment that we have held for 2 cycles will make our minds clearer and motivated again. Because basically we are humans who certainly need to have motivation and need to think more realistically.

I really don't sees it as a bad practice withdrawing some profit from your Bitcoin investment, if you have gotten to that over accumulation status, where the problem lies is selling everything off and becomes a no coiner all of a sudden, that's where the problem lies if you ask me, because at some point, we have to enjoy the fruit of our labour.
What I find problematic is the stipulated timeframe you intend holding, holding just for two circles doesn't seems like long to me because if you can attain that height of over accumulation status during that timeframe, you need to hold for one or two more circle for your Bitcoin investment to give you the best possible result you envision before starting, so in essence of what am trying to say is that 8 years is too small to be term as long term.

There's absolutely nothing wrong with withdrawing some profits out of your bitcoin investment. Nothing is wrong with it besides we're humans and not robots and we have our needs and emergencies sometimes which supersedes our investment plans.

So it is absolutely okay to take a little profit if you've reached your accumulation target. Left to me, it's even a good practice sometimes to reward yourself with a little potion of your profit because it gives you a psychological relief off the efforts you've been putting to accumulate this far. But always have in mind to keep your eyes on the bigger vision instead of selling everything you have and becoming a no-coiner is what isn't encouraged.