IceLincoln
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February 18, 2025, 01:38:51 PM Merited by JayJuanGee (1) |
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You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest. Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone. 8. Everyone gets Bitcoin at the price they deserve.
15. Bitcoin is for everyone. https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime. Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it. Bitcoin Investment is open for everyone Yes, but not everyone can afford to invest. There are those who struggle to put food on the table and survive daily life . You can’t tell such a person to invest coz it’s advisable to use money you can afford to lose. If such a person you convince to invest (money he doesn’t have ) and there’s a negative feedback after he has starved to save up the money he invested what do you think will happen? Mind you bitcoin is not a get rich quick scheme that he can see profits as soon as possible. Saying bitcoin investment is not for everyone is very correct. It’s open to all if you can afford to, so don’t get sentimental on the matter.
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Moreno233
Sr. Member
  
Offline
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Trust the process, imbibe consistency
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February 18, 2025, 01:50:58 PM |
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Nobody is saying that trading and at the same time investing in bitcoin is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading at the sametime you are investing how can you apply the proper DCA strategy
Actually, If you can trade and invest, that is your personal matter. If you can focus on other things while maintaining DCA while investing on bitcoin, that is entirely your personal matter. But if you cannot maintain DCA while investing in Bitcoin due to focusing on other things, then your investment trend will not be right and you will not be able to control the balance. If you can maintain these, then it is good, but maintaining DCA is the most important thing for investing in Bitcoin, no matter what you do. Trading and investing seems possible but if you consider how addictive trading is and how easy it is for some to slide into addiction in trading, you will simply encouraging anyone you love to remain with investing and holding. Do you know how dangerous addiction to trading is? If you slide into addiction, I bet you that you will not be able to hold Bitcoin even if you create different accounts and wallets for those different purposes. You will always replenish your trading account the moment the funds there is depleted because of that addiction and losing will start becoming less painful because you want to satisfy a burning urge. I have examined different scenarios and come to the conclusion that investing and holding is the best for me because it gives me the opportunity to plan and implement without exposing my capital to too much risk. I'm not too rich so I don't have money to throw away to the market hence, the little I have, I manage it properly in a way that I can compound it into something significant in the years to come.
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Wonder Work
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February 18, 2025, 02:34:02 PM |
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Investing in Bitcoin and still trading at the same time are two things that can't easily go together because their is a certain way a trader thinks which is totally different from the exact view of an investor, because a trader is always looking for an opportunity to make quick money in the market, while an investor is in for the longer term , so I believe that if an individual decides to do them both, it will be extremely difficult for that person to keep to his holdings because the urge to trade will always be bigger than the urge to invest, but anything that makes the urge to invest bigger than the urge to trade, just know that, that fellow will eventually stop trading at some point because traders and investors don't sees things the same way, so in my own opinion, as long as you are an investor, it would be very wrong to be trading, because by doing so you will not be able to hold unto your investment because when the urge to sell for minimal gains comes, you cannot say no to it.
Hey OP, I see you are thinking only one way. You thinking about only one way is not enough, you have to such an aspect that you always keep right, and if you can do something else, you will do it. Continuing the investment trend is right, according to DCA. But it does not depend only on it. Those who know well and understand well continue their investment trend and try to do something else at the same time. It is not like that, you have to lose your investment to try to do something else. If you can maintain it properly, then it is right. The things you said are actually right, but beyond these, many types of people are interested and can do something else while continuing their investment.
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Ever-young
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February 18, 2025, 02:44:23 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all.
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Sim_card
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February 18, 2025, 03:31:26 PM Merited by Wonder Work (1) |
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Investing in bitcoin, which is simply buy and hodli doesn't need any experience as a new investor. It is when you have started investing that you will start having the experience in the market. This is why anyone that has a good financial management can invest in bitcoin for a long-term and hodli as he keeps his bitcoin investment accumulation ongoing with DCA every week or month consistently and persistently overtime. Trading is different, a new trader will start learning and not just theory, he will also practicalize it so that he can learn a strategy that works for him. During the time he is practicing, he's prone to losses and that's when we call it gambling because if he makes profit, it was by luck and majority of traders are like this. They trade without grounded knowledge and believe in luck, they are gamblers. Investing in Bitcoin and still trading at the same time are two things that can't easily go together because their is a certain way a trader thinks which is totally different from the exact view of an investor, because a trader is always looking for an opportunity to make quick money in the market, while an investor is in for the longer term , so I believe that if an individual decides to do them both, it will be extremely difficult for that person to keep to his holdings because the urge to trade will always be bigger than the urge to invest, but anything that makes the urge to invest bigger than the urge to trade, just know that, that fellow will eventually stop trading at some point because traders and investors don't sees things the same way, so in my own opinion, as long as you are an investor, it would be very wrong to be trading, because by doing so you will not be able to hold unto your investment because when the urge to sell for minimal gains comes, you cannot say no to it.
Hey OP, I see you are thinking only one way. Wonder Work, Futurexx is not the OP. OP means Original Poster or Original Post. You should know why we use this abbreviations.
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Solodoski
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February 18, 2025, 03:47:22 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. in terms of words, trading and gambling might be different but when you are dealing with the ideal understanding on why traders are looked at as gamblers you cant but agree that there is no much difference between the person that is trading his precious bitcoin that he supposed to be holding and then risk losing them to a gambler that is depending entirely on luck. even if you might be of the opinion that gambling is more of a thing of luck than trading which seems to be more of an analytical thing, if your analysis fails, you are not far from a gambler and do you want to risk the bitcoin you term as a precious thing in doing that sort of risk? to avoid the risk of had i known, it is good to focus on investing and from what seems to be the case, long term investment is the way to go. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all.
bitcoin is volatile and so, starting up with what you can afford to lose is a good way to start after which you can continue to build and grow your asset into something that is really tangible and worth looking at as a real investment.
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Cryptoprincess101
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February 18, 2025, 06:02:00 PM |
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When you trade you are gambling and gambling you put you in so much high blood pressure the risk involved too is too much because gambler thinking is just to get profit very quick rather than investing keeping their bitcoin for so much years by then you have been able to buy plenty bitcoin and might still have more profits then the person trading because the price you buy today might not the price it will be in 4 to 5 years coming. Choose bitcoin investment instead of trading.
I guess this thread is not about trading and we shouldn't be having this conversation but I want to make something very clear to you which is, ordinary trading can not make someone to have high blood pressure rather it is a trader that will make him or herself have high blood pressure what I mean by this is that if you are trading with what you can afford to let go that is a left over fund there is no way you will have high blood pressure even if you incur loss but a case whereby a trader uses a money he or she is suppose to use to settle something or clear some expenses for trading because of greed, it is very clear that the person is inviting high blood pressure so whether Bitcoin or trading it is advisable to use what one can afford to let go. You are contradicting yourself because you are telling @Umulala-alala that this thread is not about trading yet you are still saying that if he trades with amount that he can afford to lose that he won't have high blood pressure, lol it's really funny though but i think you are the one confused with your write up here because @Umulala-alala is emphasizing why it is dangerous to involve in trading and he makes some sense in what he is saying. Whether with amount you can afford to lose or not, trading is not advisable especially for a newbie who has no experience or knowledge about trading but when they invest in bitcoin, it gives them liberty over their investment without pressure of any kind as trading does, since they will be in charge of their investment and can invest from time to time within their discretionary income.
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Umulala-alala
Full Member
 
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Activity: 209
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ALIGE
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February 18, 2025, 06:14:21 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. Trading and gambling are just same thing when talking about bitcoin, when you buy bitcoin today and sell tomorrow is trading when you also bitcoin today and sell tomorrow is still gambling so they are just different in spelling and pronounction but thesame meaning so don't confuse your self. When you trade you are gambling and gambling you put you in so much high blood pressure the risk involved too is too much because gambler thinking is just to get profit very quick rather than investing keeping their bitcoin for so much years by then you have been able to buy plenty bitcoin and might still have more profits then the person trading because the price you buy today might not the price it will be in 4 to 5 years coming. Choose bitcoin investment instead of trading.
I guess this thread is not about trading and we shouldn't be having this conversation but I want to make something very clear to you which is, ordinary trading can not make someone to have high blood pressure rather it is a trader that will make him or herself have high blood pressure what I mean by this is that if you are trading with what you can afford to let go that is a left over fund there is no way you will have high blood pressure even if you incur loss but a case whereby a trader uses a money he or she is suppose to use to settle something or clear some expenses for trading because of greed, it is very clear that the person is inviting high blood pressure so whether Bitcoin or trading it is advisable to use what one can afford to let go. You are contradicting yourself because you are telling @Umulala-alala that this thread is not about trading yet you are still saying that if he trades with amount that he can afford to lose that he won't have high blood pressure, lol it's really funny though but i think you are the one confused with your write up here because @Umulala-alala is emphasizing why it is dangerous to involve in trading and he makes some sense in what he is saying. Whether with amount you can afford to lose or not, trading is not advisable especially for a newbie who has no experience or knowledge about trading but when they invest in bitcoin, it gives them liberty over their investment without pressure of any kind as trading does, since they will be in charge of their investment and can invest from time to time within their discretionary income. May be he never understood me well I was just emphasising on the danger and disadvantage of trading I wasn't in any way encouraging trading in this thread so i don't know where sotelorene is getting his write up from.
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sotelorene
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February 18, 2025, 06:37:28 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. Trading and gambling are just same thing when talking about bitcoin, when you buy bitcoin today and sell tomorrow is trading when you also bitcoin today and sell tomorrow is still gambling so they are just different in spelling and pronounction but thesame meaning so don't confuse your self. When you trade you are gambling and gambling you put you in so much high blood pressure the risk involved too is too much because gambler thinking is just to get profit very quick rather than investing keeping their bitcoin for so much years by then you have been able to buy plenty bitcoin and might still have more profits then the person trading because the price you buy today might not the price it will be in 4 to 5 years coming. Choose bitcoin investment instead of trading.
I guess this thread is not about trading and we shouldn't be having this conversation but I want to make something very clear to you which is, ordinary trading can not make someone to have high blood pressure rather it is a trader that will make him or herself have high blood pressure what I mean by this is that if you are trading with what you can afford to let go that is a left over fund there is no way you will have high blood pressure even if you incur loss but a case whereby a trader uses a money he or she is suppose to use to settle something or clear some expenses for trading because of greed, it is very clear that the person is inviting high blood pressure so whether Bitcoin or trading it is advisable to use what one can afford to let go. You are contradicting yourself because you are telling @Umulala-alala that this thread is not about trading yet you are still saying that if he trades with amount that he can afford to lose that he won't have high blood pressure, lol it's really funny though but i think you are the one confused with your write up here because @Umulala-alala is emphasizing why it is dangerous to involve in trading and he makes some sense in what he is saying. Whether with amount you can afford to lose or not, trading is not advisable especially for a newbie who has no experience or knowledge about trading but when they invest in bitcoin, it gives them liberty over their investment without pressure of any kind as trading does, since they will be in charge of their investment and can invest from time to time within their discretionary income. May be he never understood me well I was just emphasising on the danger and disadvantage of trading I wasn't in any way encouraging trading in this thread so i don't know where sotelorene is getting his write up from. I don't mean any harm though and sorry if I misunderstood you sometimes it can be like that, different people will always have a different view over a given..., yea trading is very dangerous and it has to be avoid most especially novice ( people without a basic knowledge of it). Could you believe that I went to visit a friend of mine today and his neighbor is a good trader and when I got there, I was gisting with my friend when I over heard him telling his guys that trading is a scam that it can drive one crazy and even though I knew it was because of loss that was making him sound that way I was still eager to hear it from him and when I asked him, he said he incur a huge loss and he was advising me not to go into it so just imagine someone that is good complaining of loss, check how much more someone that doesn't even know anything about it, guys it is going to be very crazy.
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JayJuanGee
Legendary
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Activity: 4186
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Self-Custody is a right. Say no to "non-custodial"
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February 18, 2025, 07:00:50 PM |
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...In the case, DCA will not create any obstacles Instead, you can use the two methods at the same time and profit from trading You can improve Bitcoin using the DCA technique and enjoy a good result.
There is nothing wrong if a person wants to dedicate a certain portion of his income to trading, yet there would be preference for guys to figure out some kind of a meaningful trading budget and not to assume that his trading portion is going to be profitable.. yet there could be some value in learning trading techniques by exercising some budgetary constraints, such as 10% of the budget goes to trading and 90% goes to bitcoin investment. Of course, guys need to attempt to account for their own individual budgetary and psychological circumstances in order to figure out some kind of systems that might allow them to learn how to trade and to practice such trading for a decently long time to be able to compare how trading does as compared to investing into bitcoin. Historically, it has been quite difficult to beat bitcoin investing with trading, especially over a couple of cycles, yet a person should be able to employ various trading, measuring and monitoring techniques to be able to assess the extent to which his trading might have possibilities to keeping up or doing better than straight forward bitcoin buying (investing) practices. I surely don't recommend trading, yet each guy has to figure out his own balances, and to be able to live with the consequences of his choices. No one is going to save him from losing all of his trading portfolio, so if he is able to figure out reasonable systems to both preserve his trading portfolio and to grow it over long periods of time, then he likely is more skillful and/or lucky than the overwhelming majority of people who attempt to be profitable in trading. You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest. The idea of poverty is relative even though there is a generally accepted standard that try to define what poverty should be. I feel the proper definition of poverty is the inability to meet basic needs such as food, shelter, medication etc. If you don't have these basic needs, you have no business considering investing in Bitcoin because what you need is to find a job or a business that will help you survive first and leave you with surplus which is what you can make investment from. It has been abundantly emphasized that the safe way to invest in Bitcoin is to only use discretionary income. If we do this, we would have already passed that discussion of poverty because anyone with discretionary income is definitely not poor even though we cannot say such is wealthy because it could be that he is comfortable and can set some funds aside for investment. A guy could probably still be poor and even below poverty line and have discretionary income from time to time. Sure, if all income is going towards food, shelter and other basics, then he has no money left in order to buy bitcoin. So, the more important question does relate to whether he has any discretionary income or not, and sometimes even really poor people have some discretionary income, even though maybe not all of the time, and sure, maybe if they ONLY have discretionary income once every few months, then it may well be the case that they do not have enough discretionary income that they are able to invest into bitcoin and to have a 4-10 year or longer investment timeline, since any money that they are able to save, they have to put into their emergency funds which they are frequently unable to build and are regularly drawing from such emergency fund, so they have no spare money at all. You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest. Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone. 8. Everyone gets Bitcoin at the price they deserve. 15. Bitcoin is for everyone. https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime. Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it. Bitcoin Investment is open for everyone Yes, but not everyone can afford to invest. There are those who struggle to put food on the table and survive daily life . You can’t tell such a person to invest coz it’s advisable to use money you can afford to lose. If such a person you convince to invest (money he doesn’t have ) and there’s a negative feedback after he has starved to save up the money he invested what do you think will happen? Mind you bitcoin is not a get rich quick scheme that he can see profits as soon as possible. Saying bitcoin investment is not for everyone is very correct. It’s open to all if you can afford to, so don’t get sentimental on the matter. I may be saying the same thing, but yes. Investing into Bitcoin is for everyone, yet there is a need to have discretionary income to be able to invest into it, and surely trading is an inferior way to approach bitcoin..and there can be risks to transact in bitcoin if a person might incur some extra expenses, . yet we are talking about investment versus trading in this thread... and, as far as investment goes, surely some folks are not able to invest because they are not able to generate enough discretionary income.. which means that they have to increase their income and/or decrease their expenses, which might be something that they are not able to do. So bitcoin ONLY becomes available to them once they are able to generate discretionary income. There is another more indirect (and abstract) way that bitcoin is for everyone in terms of bitcoin making money systems more fair, so there are likely going to be some folks benefiting from bitcoin indirectly, even though they are not able to own bitcoin directly.
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1) Self-Custody is a right. Resist being labelled as: "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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As-Soon-As
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February 18, 2025, 07:28:07 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. But I believe that Bitcoin is the only long-term investment that is most suitable, because we support Bitcoin as a trusted coin. So entering here I think it is best to never get involved in trading and short-term investments. Whenever you invest for a short time, if your investment plan is not immediately followed, you can weaken your fortune even more, you will notice Saylor is shouting and making Bitcoin investment long-term and he is holding the most Bitcoin. Seeing his investment, we must invest in Bitcoin according to our ability, the more prudently he can earn, the bigger his investment will be.
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Sonia_123
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February 18, 2025, 08:55:03 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. But I believe that Bitcoin is the only long-term investment that is most suitable, because we support Bitcoin as a trusted coin. So entering here I think it is best to never get involved in trading and short-term investments. Whenever you invest for a short time, if your investment plan is not immediately followed, you can weaken your fortune even more, you will notice Saylor is shouting and making Bitcoin investment long-term and he is holding the most Bitcoin. Seeing his investment, we must invest in Bitcoin according to our ability, the more prudently he can earn, the bigger his investment will be. Bitcoin has originally being made to be a long-term investment and not a short-term instead, of investing in short-term that will not be ideal why putting your self through all that stress, settle down, re-strategize your life style in terms of how you spend or by making a move to increase your income and start your long-term investment so that you will have a smooth and successful long-term investment instead of buying and selling at every financial issues you find yourself, so that you can invest what you have and not what you do have, Short-term investment is a good as not investing at all.
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Mayor of ogba
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February 18, 2025, 11:37:53 PM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. I believe trading and gambling are the same. One funny thing about trading and gambling is that if you keep on winning your trades or gambles, you will see it as a means of recovering your losses, and you will continue trading or gambling with the hope that you will keep on winning any trade or gamble you place. It is when one bad trade or gamble makes you lose all your money you will realize you should have taken a break from trading or gambling when you were in profit. Yeah, the best way to go about bitcoin investment is to use the money you can afford to lose when you are investing in bitcoin so that you will not always run to sell part of bitcoin anytime you want to solve you daily expenses.
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laijsica
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February 19, 2025, 02:01:41 AM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. But I believe that Bitcoin is the only long-term investment that is most suitable, because we support Bitcoin as a trusted coin. So entering here I think it is best to never get involved in trading and short-term investments. Whenever you invest for a short time, if your investment plan is not immediately followed, you can weaken your fortune even more, you will notice Saylor is shouting and making Bitcoin investment long-term and he is holding the most Bitcoin. Seeing his investment, we must invest in Bitcoin according to our ability, the more prudently he can earn, the bigger his investment will be. Bitcoin has originally being made to be a long-term investment and not a short-term instead, of investing in short-term that will not be ideal why putting your self through all that stress, settle down, re-strategize your life style in terms of how you spend or by making a move to increase your income and start your long-term investment so that you will have a smooth and successful long-term investment instead of buying and selling at every financial issues you find yourself, so that you can invest what you have and not what you do have, Short-term investment is a good as not investing at all. If you can grow your Bitcoin investment with the belief that it will give you financial freedom in the future, you will continue to benefit positively from it down the road. Basically, to save Bitcoin, you should organize alternative sources of income so that you can continue to accumulate Bitcoin in the long term. Your plan for accumulating Bitcoin should be such that you will continue to do so for at least 4-10 years or more without any outside intervention. That is why it is emphasized and recommended for every investor to have a backup fund available. To keep your investment activities smooth and to hold for the long term, you should have a source of income and at least six months of backup funds. If you are a new Bitcoin investor, you should start Bitcoin without considering the need to keep a backup fund from the moment you start. As time passes, you will increase the scope of your Bitcoin accumulation and the long-term urge will arise for you to keep a backup fund.
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Lembo69
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February 19, 2025, 04:42:42 AM |
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To me I see trading and at thesame time investment in bitcoin as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun
Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two. Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves in trading for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction. Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it. A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading. It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income. Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way. Many traders work pretty hard to build up the capital in their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities). Edited to clarifyInvestment is a way to make a lot of money in the future with the money that is saved or sold after spending from your source of income. For example, if you invest in Bitcoin, you can earn a good profit after a long time. But is trading and investment the same? I don't think that trading is an investment. Trading is just a stock market race. In which there is always risk, but the investor always invests for a long time. And he knows that he will make a profit of 10× to 15× at that time. But most people face losses while buying and selling in trading. But if you think of trading, then understand it better and trade
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MiF
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SSF Games - Redefining Blockchain Gaming
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February 19, 2025, 04:53:21 AM |
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Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after, the said coin drops in value, or someone sells his coin for a certain rate and then it appreciates just after. What's your take on this? Given the period we're in is it buy time or sell time?
buying a coin in dip is quit safer than buying it when it is already high at price, but most of the buyer only buy coins when it is already on top because they can't control thier emotions, and that is the big problem not only today but also from the past people is greedy and they cannot control thier emotions and that make them loss.
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edy_58
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February 19, 2025, 05:14:35 AM |
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trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.
I agree that trading bitcoin is not advisable and safe but trading is not thesame thing as gambling they might share a little bit of similarities and risk but they are totally on a different ground. Secondly even in investing in bitcoin you are also supposed to invest with what you can afford to lose even if the plans is to hold for long period of time you still need to proceed with minimal risk management, experience and patient is needed in all. It would be better not to suggest anything to others to do with their Bitcoin assets and the most important thing for us is to stay focused on collecting those assets because as you said it is very right because the risk of trading those assets is very high and someone can lose their assets when making mistakes in the trading they do. Having a plan before starting to invest is indeed very important because with good planning, of course, it will be easier for us to collect these assets until we reach our desired investment target. Patience is indeed needed in holding assets in the long term because without patience, we can sell the assets that we have collected when we see the price is not in accordance with what we want and to have patience, experience and knowledge are needed so as not to panic when we see the price of the asset is decreasing.
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Scarlett_23
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February 19, 2025, 05:58:16 AM |
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You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest. Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone. 8. Everyone gets Bitcoin at the price they deserve.
15. Bitcoin is for everyone. https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime. Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it. Bitcoin Investment is open for everyone Yes, but not everyone can afford to invest. There are those who struggle to put food on the table and survive daily life . You can’t tell such a person to invest coz it’s advisable to use money you can afford to lose. If such a person you convince to invest (money he doesn’t have ) and there’s a negative feedback after he has starved to save up the money he invested what do you think will happen? Mind you bitcoin is not a get rich quick scheme that he can see profits as soon as possible. Saying bitcoin investment is not for everyone is very correct. It’s open to all if you can afford to, so don’t get sentimental on the matter. Many people in our society think that investing is not for everyone. It is only the job of the rich, there is no opportunity for the middle class or the lower class. Again, many people think that earning money is just saving, investing your own money is not taking risks. But I think that 'money is not just for earning, but through using money properly, your own money is meaningful. Money is mainly earned through business or investing in some other platform. But in business, each business requires a different type of experience. Having experience in a fish shop business is different from having experience in a clothing shop business. In short, in business, you need skills, time, planning, a risk-taking mentality and above all, hard work. However, investing is different, especially in the case of Bitcoin. Investing in Bitcoin is basically waiting for the price to increase over time. It is not learning different skills or something completely new like business. Again, it can be said that Bitcoin is such an asset that has repeatedly recorded the highest price in history. And according to its history, many people talk about its future prospects. Such a potential thing was said (Bitcoin.com News). The link is given below: https://x.com/BTCTN/status/1892024336556372405
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Tamaperdana
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February 19, 2025, 06:02:42 AM |
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A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading. It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income.
Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way. Many traders work pretty hard to build up the capital in their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities).
Edited to clarify
You are right, many traders fantasize excessively about living off their trading results. Although this is not impossible to realize. But I also believe this is very difficult to do. Because trading is not as easy as we imagine. Maybe many traders misunderstand this ideology (buying when the price goes down and selling when the price goes up). If you don't think about it, it sounds easy. However, in reality this is very difficult to do perfectly. Therefore, to be able to realize consistent profits from trading, in my opinion, will be very difficult. Because apart from that, traders are also sometimes manipulated by whales who have a lot of capital. So for these reasons, I don't think becoming a trader is the right choice. Because being a trader really takes up a lot of our time and also has the potential to waste a lot of our money. So it's better to just invest in bitcoin if you have cold capital. Because investing in bitcoin will definitely feel lighter on our minds. Trading mentality is always associated with short-term activities. I've never seen a trader who withdraw his proceeds from trading and investors back into Bitcoin, they only withdraw profits to spend them because it's the dividends from their trading occupations. Most Traders are not holding, so I cannot believe myself that they can stop trading to live off their profits, at least none of those within my friends circle can. When I spend money from my job proceeds, they spend from their trading proceeds, leaving only their capital behind, which seldomly grows, if at all. So I find it difficult to believe that while I anticipate that one day, at the end of my holding period, that I may have no need to continue working, but live off my investment, that they too can anticipate as well to live off their small trading portfolios, or the profits they don't hold, but spent immediately it came. If you say that traders do not invest in Bitcoin or they only use the money from their profits for daily life, I personally cannot say whether this is true or not. Because I'm sure day traders also have an extraordinary interest in Bitcoin. So logically it is certain that they tend to buy bitcoin and invest in it. Because I don't believe that for example a trader is not interested in investing in bitcoin. Because traders have certainly continued to observe the market for years (for those who have been around for a long time), so they definitely know more about the progress of the Bitcoin price every day. That's why I'm sure the majority of traders definitely have money invested in bitcoin. Because it seems like this, their daily trading activity is definitely to earn money for their daily lives (although of course it is not consistent). And traders are also definitely aware of the potential of bitcoin in the future, so they will definitely buy bitcoin, if they have the money.
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Sticky Bomb
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February 19, 2025, 06:52:07 AM Last edit: February 19, 2025, 02:47:04 PM by Sticky Bomb |
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You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest. Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone. 8. Everyone gets Bitcoin at the price they deserve.
15. Bitcoin is for everyone. https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime. Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it. Bitcoin Investment is open for everyone Yes, but not everyone can afford to invest. There are those who struggle to put food on the table and survive daily life . You can’t tell such a person to invest coz it’s advisable to use money you can afford to lose. If such a person you convince to invest (money he doesn’t have ) and there’s a negative feedback after he has starved to save up the money he invested what do you think will happen? Mind you bitcoin is not a get rich quick scheme that he can see profits as soon as possible. Saying bitcoin investment is not for everyone is very correct. It’s open to all if you can afford to, so don’t get sentimental on the matter. Those who still struggle to satisfy their basic needs and not necessarily having low income and have the interest of investing into Bitcoin have the primary assignment to go hustle harder and work around their finances first in order to fulfills their needs and have discretionary income, no matter how small it is to invest into Bitcoin. Without first satisfying their livelihood, if they venture into Bitcoin, they would still prey on their portfolio for survival and that's only a mess of an investment and they shouldn't even think of quick profits since Bitcoin volatility might tend to affect them negatively and they sell in loss. Actually, If you can trade and invest, that is your personal matter.
This is hard, and much harder for those still early into their accumulation journey. It causes confusion and tends to make them inconsistent in their investment and worse still liquidate their portfolio for trading addiction. Those who already has a decent sized portfolio before starting trading can be said to be better off at combining the two, but often times they make mistakes they regret, so in the end it's easier if you just focus on accumulating Bitcoin which is more profitable. Investing in Bitcoin and still trading at the same time are two things that can't easily go together because their is a certain way a trader thinks which is totally different from the exact view of an investor, because a trader is always looking for an opportunity to make quick money in the market, while an investor is in for the longer term , so I believe that if an individual decides to do them both, it will be extremely difficult for that person to keep to his holdings because the urge to trade will always be bigger than the urge to invest, but anything that makes the urge to invest bigger than the urge to trade, just know that, that fellow will eventually stop trading at some point because traders and investors don't sees things the same way, so in my own opinion, as long as you are an investor, it would be very wrong to be trading, because by doing so you will not be able to hold unto your investment because when the urge to sell for minimal gains comes, you cannot say no to it.
Hey OP, I see you are thinking only one way. You thinking about only one way is not enough, you have to such an aspect that you always keep right, and if you can do something else, you will do it. Continuing the investment trend is right, according to DCA. But it does not depend only on it. Those who know well and understand well continue their investment trend and try to do something else at the same time. It is not like that, you have to lose your investment to try to do something else. If you can maintain it properly, then it is right. The things you said are actually right, but beyond these, many types of people are interested and can do something else while continuing their investment. You're using the term OP wrongly, OP refers to the person who started a thread and in this case it's Dorkylickjj that is the OP of this thread and not Futurexxx.
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