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 get your point, and TBH it is true that trading and investing are both personal choices… It is not for anyone to impose what is better on someone else.…
But I will be real with anyone thinking of getting involved with trading, I am not here to sugarcoat it, this whole trading thing is something I have seen chew people up and spit them out more times than I can count…. And to be honest, this particular topic on this forum should not even be filled with so much talk about trading in the first place… We have dedicated sections for that. If someone decides to follow the path of trading, then go to the trading boards and talk about it there… Mixing the two constantly just drags the discussion in circles.
For me from my own experience, my humble advice is simple, just stay away from trading altogether. The stress and constant market watching, the emotional swings.. and the odds are not in your favor… But hey, whoever really want to learn from his own mistake and not someone else’s own, then none of us here can stop you, haha… Just know what you are getting into before you thing of going into it…..