[
As a Newbie, I found trading and investing almost similar at first until I started engaging in some activities and started discussing my inexperience with some good friends. I would say from my keen observation, trading is using the 9-5 approach on Bitcoin. You treat it as a job, you study charts and all that. While investing is you treating it as a side hustle. You put in some amount to buy Bitcoin, continue with other activities while you allow it rise to the point when you feel you can now sell for profit. It doesn't really consume your time, you don't have to do a lot of chart reading and all that. Just HODL till it rises(which it definitely would) then sell. Personally I prefer the investment approach, however different persons are also entitled to their preferences. The volatility and emotional instability that comes with trading isn't something I feel I am ready for yet... I am still single I wouldn't want to be terribly heartbroken before even meeting the right one
haha! You concluding statements, very funny but thats the reality and truth. People should know themselves and what they can carry or bear, and stay clear from what they can't bear or sustain, at least to avoid HBP and/or constant depression and heartbreak just like you mentioned.
Am quoting you because I share the same sentiment with you on this. Sincerely, it's really more comfortable and peaceful to just remain or stick with investment, either weekly or monthly as you have planned rather than sit all day long before the monitor, monitoring the market and charts, making decisions and all of that that is involved in trading. The chance and freedom to attend to other hustle or business of yours that comes with investment is just so cool, unlike trading where you must not be far from the monitor all day, unless you loose a fortune if it declines.
Most peacefully, everyone can invest in Bitcoin so long as you are interested and have at least an income. Ever since I discovered that I learnt or understood the concept and use of discretionary income to accumulate Bitcoin, even also accumulating through the DCA strategy, I have long stayed away from anything trading or what looks like it and I wish others would, though everyone has a right or choice to what they want. Despite the risk of Dips and the fluctuation nature of Bitcoin, consistent accumulation and Hodl for long term has proven reliable and trustworthy, and that's what am in for, and only God knows for how long, because I don't intend selling for any reason, at least 10 years and above.