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Author Topic: Someone Explain to Me  (Read 269 times)
mitch1212 (OP)
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August 20, 2017, 04:49:31 AM
 #1

For such a basic question, why are there 20+ pages of people saying the exact same thing?

"Mining is expensive. Trading is easy. Trading is profitable. Too late to mine. But trading, trading is cheap. And trading is how to make money."

Will someone explain what they mean by trading? You mean buying and selling like day-trading stocks?

Or....do you mean selling your bitcoin to someone who needs to purchase using Paypal or venmo or cash?

If we are talking about buying and selling BTC and trying to accurately forecast the fluctuations, then by no means should people just start throwing away money. The only reason every knucklehead who opens an account is making money is because the price has gone straight UP. (Everyone was making money in .com stocks too throughout the late 90s.... Pretty easy when all you have to do is buy.)
If this is the idea - then can someone point me in direction of a blog/book/theory or investment trading philosophy? What is everyone doing to make such easy returns.

If I was to answer the question, and Im sure some people mean this also - just buy it and watch the account value fluctuate to get an understanding (minor minor understanding) before diving into "trading". Buy and hold and forget about it and itwill probably be just fine.

If you want to invest, do it the right way first and then sniff around more speculative stuff like crypto.... Consider this please: Split your capital between SAOIX and RPMGX, set up 100 dollars a month going into it every single month, and forget about it. It will make you a millionaire someday. "Compounding returns is the most powerful phenomenon in the universe." Einstein.
Seriously though... Download Stash or Acorns to start simply - and if you can forego a few starbucks and liquor store and weed runs each month. You can become a millionaire.

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August 20, 2017, 04:55:23 AM
 #2

3rd world shit posters know a very limited number of words.
Among them are: Trading, profit, invest, gambling, and "signature campaign".
You'll see sentences that combine those words over and over.
And the posts will always say "we" instead of "I".
Threads will run to the point where they're pointless.  No one
would read all those crap posts that are boring anyway.
So yeah, welcome to bitcointalk.
DenCho?
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August 20, 2017, 08:09:07 PM
 #3

Often "trading" means buying/selling on exchanges like trading stocks, but profitable it become for only 10% of "traders" i guess)
So the best strategy is to by and hold btc, and MAY BE some alts also, but i'm not sure about second part xD

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examplens
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August 20, 2017, 08:51:36 PM
 #4

Most often they are a thread created from people who are farming account, and it is a good way to participate in "serious discussion". Plus many users increase his post count because of signature campaign rewards.
of course, there are many people which are lazy to use search options for finding the answer

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ralle14
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August 20, 2017, 09:29:39 PM
 #5

Most users tend to say things that have already been mentioned by posters above them because they don't read the first post and comments of other people. Once they've read the title they'll start posting. They usually don't put much thought in their post and sometimes you can't understand what they're trying to say. If you find posts like that again you can report them by using the report button on the lower left side of each post and mods will delete them.

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