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Author Topic: How I Increased My Bitcoin and crypto Portfolio by 36%  (Read 332 times)
Pmalek
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October 10, 2022, 09:09:46 AM
 #21

There are WAY too many people in the crypto market today that thinks “HODLing” is enough.
Hodling is enough. Trading involves gambling-like decisions, and when you are gambling, you are more likely to lose long-term than be profitable. Bitcoin is already a volatile asset without the need to add new ways of decreasing the value of your portfolio.

They say, “If I just buy and hold a crypto asset for a long time, it will increase my crypto portfolio”.

If only it were that easy…
It is that easy. The number of satoshis or bitcoins doesn't change by holding, but its purchasing power and fiat value does. If you bought and hodled BTC at $1.000 per coin, your portfolio would today be worth over $19.000 a coin. No additional trading was required for that. 

Everything else you said is just advertisement for your trading and/or investment platform. Expecting to earn easy money by trading can go wrong quickly. A few examples can be seen in What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How?

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maydna
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October 10, 2022, 09:13:57 AM
 #22

It has risks because if someone is just trying to follow @OP's tips and doesn't have the experience and ability to analyze market conditions, he will have difficulty deciding when to buy and sell. And HODL is the easiest way he can because he doesn't have to deal with the risk of losing his money. In addition, he can do other things that have nothing to do with crypto so that the funds he has are just waiting for the time to turn around.

The article can be a lesson for those who want to learn about strategies to increase their bitcoin number. But be careful when they try it because there's no guarantee that @OP's strategy will work for him.
ultrloa
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October 10, 2022, 10:25:34 PM
 #23

It has risks because if someone is just trying to follow @OP's tips and doesn't have the experience and ability to analyze market conditions, he will have difficulty deciding when to buy and sell. And HODL is the easiest way he can because he doesn't have to deal with the risk of losing his money. In addition, he can do other things that have nothing to do with crypto so that the funds he has are just waiting for the time to turn around.

The article can be a lesson for those who want to learn about strategies to increase their bitcoin number. But be careful when they try it because there's no guarantee that @OP's strategy will work for him.

That also mean that even though how successful the strategy to the person who said it still the person who copy it cannot assure to replicate the result since it will all matter the level of patience and how consistent the people are to do such strategy what they call. Also we cannot fully rely on this since for sure every phase have different result and might we cannot use this always.

So its good for every to develop different methods so that they can be consistent on their own trades without relying on someones ideas.

R


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maydna
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October 11, 2022, 06:21:44 AM
 #24

~snip~

That also mean that even though how successful the strategy to the person who said it still the person who copy it cannot assure to replicate the result since it will all matter the level of patience and how consistent the people are to do such strategy what they call. Also we cannot fully rely on this since for sure every phase have different result and might we cannot use this always.

So its good for every to develop different methods so that they can be consistent on their own trades without relying on someones ideas.
Even if they copy what a professional trader does, the results will not be the same and differ greatly due to the many factors between them. Maybe it would be better if they could take the method and then expand, add, and subtract it to work for that person.

And that's why, if one could have the ability to analyze and be able to get methods from other people, it would probably yield better results for him. Patience and consistency also play a role in trying every method or strategy because we don't know which will work for us.
ultrloa
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October 12, 2022, 08:17:43 PM
 #25

~snip~

That also mean that even though how successful the strategy to the person who said it still the person who copy it cannot assure to replicate the result since it will all matter the level of patience and how consistent the people are to do such strategy what they call. Also we cannot fully rely on this since for sure every phase have different result and might we cannot use this always.

So its good for every to develop different methods so that they can be consistent on their own trades without relying on someones ideas.

And that's why, if one could have the ability to analyze and be able to get methods from other people, it would probably yield better results for him. Patience and consistency also play a role in trying every method or strategy because we don't know which will work for us.

This will vary only on persons dedications if they could learn something from people who's experience doing some good trades since if they just follow them without absorbing the knowledge or information they get from multiple experience traders they didn't get anything from them. So consistency is always the main key to learn from trading since if he could apply what other and his experience for sure he will became more better trader and can able generate profits for that.

R


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