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Author Topic: What class of an investor are you?  (Read 2312 times)
GbitG
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April 03, 2024, 12:25:11 AM
 #261

It is difficult for me to actively trade on the market, so I am a "HODLER" type of investor.
Maybe we are the same, am always occupied, so am always having just little time to rest, I don’t always have to time to do any analysis if I want to trade, so to save myself from all those stress, I just buy and hold, and it has been working for me, the only time I do trade is whenever am having some free time, I can just deposit some amount of money into my trading account, and trade. But i will say am a holder.
Hmm that's a good opinion!
Me too, bro I was also just buying and holding. But this strategy I used only for Bitcoin. Because Bitcoin is the only asset to hold in the long term. Altcoin is only good for short term profit. 
 
Personally, I personally prefer to buy and hold Bitcoin and my buying is also done under DCA, that is, through DCA, I accumulate Bitcoin every week. In the rest, I trade but only in Altcoin and that too after complete research, i.e., technical analysis, fundamental analysis, but I trade in Altcoin the coin in which there is profit. The remaining investment is one of the best strategies for getting a big profit as compared to trading because, in it, you can organize good profit margins under long term holding because of Bitcoin. Bitcion is bullish in the long term. 
 
Yes, your claim is absolutely right that trading is difficult compared to investment, but if you have knowledge and experience of trading, then I think it will not be so difficult to get a profit...

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boyptc
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April 04, 2024, 12:35:43 PM
 #262

You have confidence about your investment so you will not face any loss because those always face loss who have doubt about their investment. You are using DCA methodology so you can invest whenever you have money and the price is down and here the risk is also very minimum.
I disagree, even if someone is confident with what he's doing. That doesn't exempt him from facing any loss.

What he can be confident about is on how he's going to face the serious matters that he'd encounter with his investments. The advantage that he's getting is that he's confident and prepared.

But if it's about guaranteeing himself to have zero losses, I doubt it that even the best investors are still facing some losses but the big difference is that they can face it without anything to worry with.

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wmaurik
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April 05, 2024, 03:06:14 PM
 #263

You have confidence about your investment so you will not face any loss because those always face loss who have doubt about their investment. You are using DCA methodology so you can invest whenever you have money and the price is down and here the risk is also very minimum.
In investing there are always profits and losses for those who sell when prices are falling or when they can no longer wait patiently for high prices on their investment assets. So don't say that the investment will not experience losses because it still depends on how we react when we see a decline in the price of the investment assets we have. Because achieving something or making a profit through investment is not always easy, so there are many time sacrifices that must be taken into account by ourselves or the investor.

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You are applying better strategies so I know that your winning percentage will be higher and as more coins you accumulate more you will be successful and also choose a value at which you will sell your coin as it matters a lot.
Strategy in achieving profits is very important in any field, because it does not only apply to investment, but also applies to any business we run. So considering a good strategy is a very important part for anyone who wants to profit and also win after sacrificing more time in waiting and also in collecting more coins by relying on small capital every week or month.
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