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.
Everyone has the freedom to live their life the way they want, and that also includes how they choose to use their money, whether it’s investing for the long term or taking risks in trading. I don’t think Humblevirus is wrong for saying that investing in Bitcoin and trading at the same time can be risky, because trading is very dangerous, and people can lose their money at any time.
But at the same time, investing in Bitcoin and trading does not mean someone cannot be successful. In fact, many successful investors hold huge amounts of Bitcoin and still trade regularly, sometimes just for fun. Xraordinarious account looks like that of a newbie, and that is why Humblevirus is advising him to focus more on long-term investment. This is good advice because most newbies are too eager to make quick money and end up losing.