I'm not new to bitcoin but I got the idea about this forum a few days ago. Actually I know about bitcoin quite a bit since long time. I have experience in buying and selling bitcoin and buying and selling Altcoins and trading. Although my reserve is being invested in bitcoin quite a bit, I keep a small amount of my income for investment and investment is going on.
I don't think it is a wise idea to be investing in Bitcoin and, at the same time, trading. With this method, someone can easily lose their Bitcoin investment. Once a person loses all the funds deposited in the trading account, it's very possible that they will touch their Bitcoin investment just to trade and try to recover the money they lost. Gradually, this could lead to completely emptying their Bitcoin investment.trading is never the wayit is very risky, and it's an easy way for people to lose money. So, I would say it's a bad idea to be an investor a trader at the same time. You’re likely to lose everything easily.
I don't want to enter anyone's personal life and I don't want to talk about their personal freedom. Being a trader is a personal freedom for a person and being an investor is also a personal freedom. We shouldn't comment on this. Bitcoin investment and trading are two different things. Being a trader does not mean that a person cannot be successful in long-term investment. Leave it to him and let him think for himself how to be successful.
But I must say that entering a person's trade is not a good move, trading is very risky and the possibility of losing money is very high. If your money is valuable, then think twice before entering a trade and make a decision. Spending money on investment can be a much more profitable decision in the long run than losing money on trading.
I do not agree to the statement that “being a trader does not mean a person cannot be successful in long term investment,” because using bitcoin investment as a point of reference, for a bitcoin investor who keep selling or trading his bitcoin for a particular profit, don’t you think that when next he or she wants to accumulate bitcoin, he’s likely going to be buying bitcoin at a more higher price because the price of bitcoin will continue to rise, even though it comes down at some point. If that happens, then the individual will likely be at a loss for rebuying and accumulating bitcoin again at a higher price after selling off his current holdings for a certain profit. Most investors thinks they’re making profit after selling off their current holdings and embark on another journey of accumulating bitcoin but little did they know that they are running a loss and even losing their capital because they’re likely to buy bitcoin at a more higher price in the future and if they eventually feel that the price is too high for them to accumulate and decides to wait till it dips, then such approach is where they start getting it wrong because they are more likely to abandon their investment totally and not continuing with their investment due to the fact that they are waiting for the dip which does not occur. It’s advisable not to sell your bitcoin holdings especially when you’re still in your accumulation stage, the least you can do is that when you noticed that you’ve actually accumulated even more than your target and you’ve hodl for years and gotten to your point of over accumulation, you can employ the sustainable withdrawal method and just take out your profit and continue with your investment.