Ryu_Ar1
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August 17, 2024, 07:23:22 PM Merited by JayJuanGee (1) |
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Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. Everything is no different especially when they are beginners who do not know anything and only see the short benefits they want to get by directly trading without any initial learning can even be worse than gambling that is done because they will only prioritize instincts with what they believe without caring what the risk is that in the end makes them actually lose all of their hopes, the money they use and all forms of trust in bitcoin and will actually turn to hate bitcoin even though things like this happen because they don't know about bitcoin but try something they are not good at which in the end the trade actually kills their own hopes. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
This is even more contradictory because even though we know investing in bitcoin is risky but saying that it is more dangerous than trading in my opinion is a mistake because even with investment we must realize that it is still risky especially for trading which in the end the risk is much greater so it would be ridiculous when we think that investment will be more dangerous than trading.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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Egii Nna
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August 17, 2024, 09:55:09 PM |
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But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled. Still on trading discussion here?, actually we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade. These two things in bitcoin are different because their strategy and risk associated with it are not the same. Bitcoin trading when you understand It well is easy, and if you are a person that always believes in taking higher risks and has also been a researcher, you will definitely love it and also have your profit more than the person that will invest for a long period of time. But don’t forget that this bitcoin trading is not for everyone but those that are ready to take risk and also research more on a daily basis. While investment in bitcoin is mostly recommended to those that need a passive income, why I said this is because when you are willing to invest in bitcoin for a long time, you have to keep in mind that this investment will never be broken unless you have achieved your goals, which also deal with patience, so if you are not for the passive income. You will end up seeing that the long-term investment will endup not favour you, so you will apparently break your hope and crash down your investment as a result of a lack of patience and also too much concentration on your long-term investment. Both poor and rich investors can adopt the DCA strategy to accumulate bitcoin, and it is not designed for any class. There is no difficulty in accumulating bitcoin as far as I am concerned; you can accumulate bitcoin easily even if you are on a business trip. One of the reasons why some people accumulate bitcoin with the DCA strategy is to be able to control their emotions. For instance, if they accumulate bitcoin at a high price and if bitcoin dumps, they will not be worried because they know they will still accumulate bitcoin in a bearish state.
DCA can actually be for everyone because you will end up accumulating a lot without you knowing it, but still, I see it is a strategy best for those that find it hard to invest a huge amount of money because they think they will end up bankrupt. I am identifying with the poor because the rich invest a huge amount without any worries. But for the poor, it is a different thing, and DCA is like a strategy that will stimulate your interest in investment in the sense that poor people tend to enjoy doing things, but by not doing it at a single time, that is why I see that it is more recommended for the poor.
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Sim_card
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August 17, 2024, 10:02:54 PM Last edit: August 17, 2024, 10:20:03 PM by Sim_card Merited by JayJuanGee (1) |
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But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled. Still on trading discussion here?, actually we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade. These two things in bitcoin are different because their strategy and risk associated with it are not the same. Bitcoin trading when you understand It well is easy, and if you are a person that always believes in taking higher risks and has also been a researcher, you will definitely love it and also have your profit more than the person that will invest for a long period of time. But don’t forget that this bitcoin trading is not for everyone but those that are ready to take risk and also research more on a daily basis. While investment in bitcoin is mostly recommended to those that need a passive income, why I said this is because when you are willing to invest in bitcoin for a long time, you have to keep in mind that this investment will never be broken unless you have achieved your goals, which also deal with patience, so if you are not for the passive income. You will end up seeing that the long-term investment will endup not favour you, so you will apparently break your hope and crash down your investment as a result of a lack of patience and also too much concentration on your long-term investment. I disagree with you in the first place that whoever understands trading, it becomes easy for that person to make profit from trading, the reason is that you are predicting the market and that is not something easy to do. Secondly, I also disagree with you that a trader will make profit more than an investor who invested and grow his bitcoin portfolio overtime while he still hodling. Trading will only make you lose more of your bitcoin and run at loss in the long run because trading is similar to gambling. Investing in a long period of time time with regular DCA weekly or monthly for 4-10 years and above will give you good profit due to the compounding effect of bitcoin and it is because of this reason that most investors always advice new beginners to plan for a long term investment. Imagine if you bought one bitcoin when the price of bitcoin was 16k late 2022. Without increasing your bitcoin by now the value of your bitcoin portfolio is 3X the amount that you bought it because you hodli and didn't sell, what if you keep on hodli that bitcoin for 10 years. A trader with one bitcoin might have lost it all in the market since when he bought it till this very moment. Imagine you DCAing with $50 from your discretionary income every week constantly and continously without stopping for 10 years, your profit will be far higher because of the compounding effect of hodli and investing for long. His original amount of bitcoin that he bought will yield him profit and that profit will be added to the intiall amount he had to generate more profit and so on. Don't be decieved that it is easy to make profit from trading because the odds is very low. Bitcoin is called an investment because it generates profit overtime based on the size of your portfolio and that is why new investors are to buy, build, grow and hodli their bitcoin investment for a very long period of time for the future.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Egii Nna
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August 17, 2024, 10:22:33 PM Last edit: August 17, 2024, 10:34:23 PM by Egii Nna |
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But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled. Still on trading discussion here?, actually we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade. These two things in bitcoin are different because their strategy and risk associated with it are not the same. Bitcoin trading when you understand It well is easy, and if you are a person that always believes in taking higher risks and has also been a researcher, you will definitely love it and also have your profit more than the person that will invest for a long period of time. But don’t forget that this bitcoin trading is not for everyone but those that are ready to take risk and also research more on a daily basis. While investment in bitcoin is mostly recommended to those that need a passive income, why I said this is because when you are willing to invest in bitcoin for a long time, you have to keep in mind that this investment will never be broken unless you have achieved your goals, which also deal with patience, so if you are not for the passive income. You will end up seeing that the long-term investment will endup not favour you, so you will apparently break your hope and crash down your investment as a result of a lack of patience and also too much concentration on your long-term investment. Both poor and rich investors can adopt the DCA strategy to accumulate bitcoin, and it is not designed for any class. There is no difficulty in accumulating bitcoin as far as I am concerned; you can accumulate bitcoin easily even if you are on a business trip. One of the reasons why some people accumulate bitcoin with the DCA strategy is to be able to control their emotions. For instance, if they accumulate bitcoin at a high price and if bitcoin dumps, they will not be worried because they know they will still accumulate bitcoin in a bearish state.
DCA can actually be for everyone because you will end up accumulating a lot without you knowing it, but still, I see it is a strategy best for those that find it hard to invest a huge amount of money because they think they will end up bankrupt. I am identifying with the poor because the rich invest a huge amount without any worries. But for the poor, it is a different thing, and DCA is like a strategy that will stimulate your interest in investment in the sense that poor people tend to enjoy doing things, but by not doing it at a single time, that is why I see that it is more recommended for the poor. I disagree with you in the first place that whoever understands trading, it becomes easy for that person to make profit from trading, the reason is that you are predicting the market and that is not something easy to do. Secondly, I also disagree with you that a trader will make profit more than an investor who invested and grow his bitcoin portfolio overtime while he still hodling. Firstly, let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point. So all I want you to understand in life is that your perception of things determines your fear, so if you can put it in mind that bitcoin trading will never look easy to you, then so shall it be because that is what you keep telling your mind to believe. So make yourself believe that everything is simple and easy for you so that you can also have the zeal to achieve them. Investing in a long period of time time with regular DCA weekly or monthly for 4-10 years and above will give you good profit due to the compounding effect of bitcoin and it is because of this reason that most investors always advice new beginners to plan for a long term investment. Imagine if you bought one bitcoin when the price of bitcoin was 16k late 2022. Without increasing your bitcoin by now the value of your bitcoin portfolio is 3X the amount that you bought it because you hodli and didn't sell, what if you keep on hodli that bitcoin for 10 years. A trader with one bitcoin might have lost it all in the market since when he bought it till this very moment.
Imagine you DCAing with $50 from your discretionary income every week constantly and continously without stopping for 10 years, your profit will be far higher because of the compounding effect of hodli and investing for long. His original amount of bitcoin that he bought will yield him profit and that profit will be added to the intiall amount he had to generate more profit and so on. Don't be decieved that it is easy to make profit from trading because the odds is very low. Bitcoin is called an investment because it generates profit overtime based on the size of your portfolio and that is why new investors are to buy, build, grow and hodli their bitcoin investment for a very long period of time for the future.
Am not deceived because I have my own perception and you also have your own perception because you think that bitcoin investment is easier than bitcoin trading, but let me ask you just a single question: Can you keep your bitcoin investment now that you have for the interval of 10 years? Are you that patient enough? If you can do that then am ok, but you don’t need to make everyone believe that your perception is always the right; moreover, having the patience to invest for even 4 years, you are not even a small deal talkless about investing and have been patient for more than that. So sir, you are the one that I will tell not to be deceived because you can’t have that patience to invest for the interval of 10 years.
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Ruttoshi
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August 17, 2024, 10:44:57 PM Merited by JayJuanGee (1) |
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But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled. Still on trading discussion here?, actually we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade. These two things in bitcoin are different because their strategy and risk associated with it are not the same. Bitcoin trading when you understand It well is easy, and if you are a person that always believes in taking higher risks and has also been a researcher, you will definitely love it and also have your profit more than the person that will invest for a long period of time. But don’t forget that this bitcoin trading is not for everyone but those that are ready to take risk and also research more on a daily basis. While investment in bitcoin is mostly recommended to those that need a passive income, why I said this is because when you are willing to invest in bitcoin for a long time, you have to keep in mind that this investment will never be broken unless you have achieved your goals, which also deal with patience, so if you are not for the passive income. You will end up seeing that the long-term investment will endup not favour you, so you will apparently break your hope and crash down your investment as a result of a lack of patience and also too much concentration on your long-term investment. Both poor and rich investors can adopt the DCA strategy to accumulate bitcoin, and it is not designed for any class. There is no difficulty in accumulating bitcoin as far as I am concerned; you can accumulate bitcoin easily even if you are on a business trip. One of the reasons why some people accumulate bitcoin with the DCA strategy is to be able to control their emotions. For instance, if they accumulate bitcoin at a high price and if bitcoin dumps, they will not be worried because they know they will still accumulate bitcoin in a bearish state.
DCA can actually be for everyone because you will end up accumulating a lot without you knowing it, but still, I see it is a strategy best for those that find it hard to invest a huge amount of money because they think they will end up bankrupt. I am identifying with the poor because the rich invest a huge amount without any worries. But for the poor, it is a different thing, and DCA is like a strategy that will stimulate your interest in investment in the sense that poor people tend to enjoy doing things, but by not doing it at a single time, that is why I see that it is more recommended for the poor. I disagree with you in the first place that whoever understands trading, it becomes easy for that person to make profit from trading, the reason is that you are predicting the market and that is not something easy to do. Secondly, I also disagree with you that a trader will make profit more than an investor who invested and grow his bitcoin portfolio overtime while he still hodling. Firstly, let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point. So all I want you to understand in life is that your perception of things determines your fear, so if you can put it in mind that bitcoin trading will never look easy to you, then so shall it be because that is what you keep telling your mind to believe. So make yourself believe that everything is simple and easy for you so that you can also have the zeal to achieve them. Investing in a long period of time time with regular DCA weekly or monthly for 4-10 years and above will give you good profit due to the compounding effect of bitcoin and it is because of this reason that most investors always advice new beginners to plan for a long term investment. Imagine if you bought one bitcoin when the price of bitcoin was 16k late 2022. Without increasing your bitcoin by now the value of your bitcoin portfolio is 3X the amount that you bought it because you hodli and didn't sell, what if you keep on hodli that bitcoin for 10 years. A trader with one bitcoin might have lost it all in the market since when he bought it till this very moment.
Imagine you DCAing with $50 from your discretionary income every week constantly and continously without stopping for 10 years, your profit will be far higher because of the compounding effect of hodli and investing for long. His original amount of bitcoin that he bought will yield him profit and that profit will be added to the intiall amount he had to generate more profit and so on. Don't be decieved that it is easy to make profit from trading because the odds is very low. Bitcoin is called an investment because it generates profit overtime based on the size of your portfolio and that is why new investors are to buy, build, grow and hodli their bitcoin investment for a very long period of time for the future.
Am not deceived because I have my own perception and you also have your own perception because you think that bitcoin investment is easier than bitcoin trading, but let me ask you just a single question: Can you keep your bitcoin investment now that you have for the interval of 10 years? Are you that patient enough? If you can do that then am ok, but you don’t need to make everyone believe that your perception is always the right; moreover, having the patience to invest for even 4 years, you are not even a small deal talkless about investing and have been patient for more than that. So sir, you are the one that I will tell not to be deceived because you can’t have that patience to invest for the interval of 10 years. It is possible to hodli your bitcoin especially when you are using an amount that you will not be needing for a long time to buy bitcoin regularly. I have seen people that keep their money in the bank without using it for anything for 10 years, it is just lying in their accounts. Some people also keep money in fixed deposit for 10 years for little profit, but why will someone not be able to Hodli and grow his bitcoin investment for 10 years when he knows bitcoin is worth investing in because the price is increasing over time. It is good that a new investor starts investing in bitcoin immediately he has the resources to invest rather than thinking of trading because trading is too complex for a new investor with the basic knowledge of bitcoin. It is easy to start buying bitcoin and saving your discretionary income in bitcoin instead of wasting time doing researches and learning how to trade for two years. That is a whole lot of wasted time that if the new investor have started investing, he would have acquire a good amount of bitcoin since he is buying regularly with DCA nonstop and building his stash gradually. You are a professional trader does not mean that you cannot run at loss, a little mistake in your decision can blow up all to your profit that you have made in one year. Why will you choose the path that lead to losses because of short-term profits which is not guaranteed. Instead of you to choose a path that will help you invest for your future and be happy at old age when you are not strong enough to work again. Bitcoin investment is done for the future so that one can fall back to it at old age and that is why to u have to invest in it so that you can benefit from bitcoin when the price is very high in future and will be happy that you invested now. If you are a trader, it is possible that in future, you will be crying when you don't have a good size of bitcoin because you were busy trading and wasting time a me money instead of investing. Can you give me an hypothesis where a trader made profit for 4-10 years and it was more than an investor who buys at the dip, lump sum and DCA regularly for that duration of time. Trading is easy said than done. I know a lot of people that claim to be traders but after a big loss and regrets, they turn back into investing and they are happy that they invested and hodli. I am an example. I use to think like you before but since I started investing with DCA approach, I don't feel any stress as if I am investing because my emotions are mind is at peace with my investment, unlike trading that you will be emotional and can have hear attack if the market dips, instead of seeing it as an advantage to buy more Bitcoin, it will be a challenge to your health.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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DubemIfedigbo001
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 03:52:59 AM Merited by JayJuanGee (1) |
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It is good that a new investor starts investing in bitcoin immediately he has the resources to invest rather than thinking of trading because trading is too complex for a new investor with the basic knowledge of bitcoin. It is easy to start buying bitcoin and saving your discretionary income in bitcoin instead of wasting time doing researches and learning how to trade for two years.
Personally, I feel sorry for any new investor who goes into trading because he was brainwashed on the potential short-term profits obtainable by professional traders and not novices like himself, he fails to understand the magnitude of sacrifice and prices paid by the experienced trader to arrive at such profitability level. Most time these traders are not honest enough with the new guys in the building because they may be scoping them to patronizing the ineffective courses they sell to the newbies and most at times they themselves claiming to be professional traders are just a hype and are just wasting their time achieving nothing, deceiving themselves and recording significant losses without having sense to switch to accumulation in order to maximize their funds and have good profits from holding for a longer period of time which is equivalent to the length of time they must have wasted precious funds trying out never working strategies and fucking up their finances in the process. These wasted funds consumed by the markets would have been preserved and they would be smiling after some couple of years and that is whole deal of irrationality and stupidity on their part. The major reasons I detest trading is that you can literally not do it part time as a novice and you end up losing precious funds unnecessarily, you must be ready for a full-time dedication, even experienced traders most times find it hard to take their eyes off their trades to focus on other responsibilities. You have to give it your full time and energy, thereby limiting you from engaging in other forms of productivity which would have given you monetary dividends and help you maintain a smooth DCA accumulation journey as compared to doing DCA where you only need to learn how to secure your wallet, purchase and transfer funds to your decentralized wallet for self custody. After that you can go ahead with other profitable activities until the next purchase period while your investment appreciates in value over time and you remain consistent in your accumulation journey.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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JayJuanGee
Legendary
Offline
Activity: 3808
Merit: 10727
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 07:30:42 AM |
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Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
People are comparing trading to gambling due to the high risk they both involve. A lot of people are losing money in trading just as they are also losing in gambling, and that is why they always compare them. Even gambling is not fully based on luck; if someone can analyze it well, there is always a better opportunity to win than for those who just want to fully rely on luck. Let's know that we have different types of trading; some types of trading are akin to gambling. I agree with you on this, gambling isn't just all about luck alone, but a combination of knowledge and experience for you to have a better wining rate. And yes, trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these categories of traders who might have in one way or the other had gambled before, and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol. Trading can devolve into gambling, and sure there are likely more conservative trading methods that might not really be gambling, so there are not exactly bright lines in regards to the various categories, of investing versus trading versus gambling but they might sort of be on a spectrum in which many of us might not agree upon the thresholds upon which one of the practices might fall into being the next one.
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1) Self-Custody is a right. There is no such thing 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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SuperBitMan
Newbie
Offline
Activity: 28
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 01:19:03 PM |
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Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
People are comparing trading to gambling due to the high risk they both involve. A lot of people are losing money in trading just as they are also losing in gambling, and that is why they always compare them. Even gambling is not fully based on luck; if someone can analyze it well, there is always a better opportunity to win than for those who just want to fully rely on luck. Let's know that we have different types of trading; some types of trading are akin to gambling. I agree with you on this, gambling isn't just all about luck alone, but a combination of knowledge and experience for you to have a better wining rate. And yes, trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these categories of traders who might have in one way or the other had gambled before, and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol. Trading can devolve into gambling, and sure there are likely more conservative trading methods that might not really be gambling, so there are not exactly bright lines in regards to the various categories, of investing versus trading versus gambling but they might sort of be on a spectrum in which many of us might not agree upon the thresholds upon which one of the practices might fall into being the next one. Trading involves prediction and gambling also involves prediction, there's risk in trading and there's risk in gambling, no prediction in trading is 100 percent correct and no prediction in gambling is 100 percent correct also. I think this two are the same but are done in a different platform with different names. No matter how one twist it or no matter the method used in trading the end point is placing a prediction and hoping it comes out as predicted and that's same thing done in gambling.
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EarnOnVictor
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August 18, 2024, 01:55:01 PM |
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Futures trading is similar to gambling, don't do it if you don't want to lose especially if you don't have the skills.
If you want to be safer then it is better to invest, you will not lose as long as you do not sell halfway and accumulate with the DCA method this is one of the best ways to collect bitcoin you will not think harder like trading by investing you will be a little calmer.
Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key. I can't comprend this, how did you come to the conclusion that investment is more risky than trading at time as you said, personally I don't concur to this notion of yours, lets get this straight, how would someone thats doing his or her investment gradually and continuously with DCA method be involved in risk than his opponent that concentrate in trading that we all know that has a high level of uncertainty surrounding it, I already know that no matter how experienced a trader is, he or she must lose but in bitcoin imvestment hence your are an investor that understand that the investment is meant for a long-term, the depreciation of the price wouldnt be a problem for you instead it will be an opportunity to buy at a lesser amount, in trading when you lose, you lose all the money that use on a particular trading sesion but in investment you cant lose, your asset may depreciate to an extent and also start appreciating once the market pump. In all round I don't see where investment can be more dangerous than trading, the risk involved in investment will always be lesser and manageable than that of trading. I am glad that several forum members are not agreeing to EarnOnVictor's framework, which surely seems misleading in terms of seeming to want to compare trading and investing in bitcoin as if they have similar kinds of tradeoffs. Lol...your statement is actually funny to me and I don't expect many people here to align with my view even as some others align with it. This could only mean that I am not the trader/investor just starting in this crypto-era, the hypes and generality of many things crypto are mere noise to me, I trade/invest with experience. Look around you, how many people are truly rooted in trading/investment among the users on the Bitcointalk, "by their fruit you shall know them." Needless to say, most traders/investors are losing their money, which could only mean that they are doing what a few who are profiting are not doing. Due to this, what those little ones who are profiting say could be like a taboo to the majority (losers), and that which they (majority/losers) perceive as a taboo is actually what the successful few are doing to make the success. I don't follow the majority, I know what I am saying so am not bothered, bro!
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Roseline492
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 02:07:36 PM Last edit: August 18, 2024, 03:00:28 PM by Roseline492 Merited by JayJuanGee (1) |
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let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point.
I do not agree with you on that because there is no way you would tell me that the profit you would make from trading in the next 4 to 10 years time will be higher than what we the long term holders will achieve in the future, I seriously doubt it, so perhaps if you are judging from other traders success to compare it to holders you are obviously making a mistake because you are clouded by the profit to realize the risk behind trading, actually from your statement I understand that profit seeking is really one of the things that differentiate long term holders and traders mindset which is why traders could not realize that holding Bitcoin is actually the best investment because not just the profit you would get after holding but also the feeling of realization that your investment is secured. trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these categories of traders who might have in one way or the other had gambled before, and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol.
Trading is the same as gambling and there is no two ways about it, though we no that they work differently but the major aspects we are all looking at is the risks and uncertainty they both have in common that's why we classified trading to be on the same category with gambling, perhaps is because of the passion you either have for gambling or trading that makes you feel they are not the same, so have it in mind that anything that involves you risking your money for a higher return is indirectly considered to be gambling since the chances of making it is low.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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Obim34
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 02:42:26 PM |
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let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point.
I know you subjected to your own points of view and reasoning but no need using some terms which can lure more people into trading which you should have realized the effects at the early stages. Trading is profitable (undeniably) but considering that traders can never be perfect enough to always go in at all times and not take any loses from their trade. Trading comes with loss and profits which the trader is entitled to but what is said to distinguish between a professional and just anyone trading is the ability of making more profits than losses, now comparing to Bitcoin investment, anyone can buy and hold without any confirmation of professionalism involved. Bitcoin investment gives without taking, the amount of Bitcoin held doesn't changes and perfectly increases in dollar value as long the investor continous to hold. The profits are made considering the variability of the Buy and Sell order, so anyone investing understands the power of long term holding which guarantees good return of investment, more likely to be greater than those who traded for same period.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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adultcrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 18, 2024, 03:10:57 PM Merited by JayJuanGee (1) |
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trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these categories of traders who might have in one way or the other had gambled before, and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol.
Trading is the same as gambling and there is no two ways about it, though we no that they work differently but the major aspects we are all looking at is the risks and uncertainty they both have in common that's why we classified trading to be on the same category with gambling, perhaps is because of the passion you either have for gambling or trading that makes you feel they are not the same, so have it in mind that anything that involves you risking your money for a higher return is indirectly considered to be gambling since the chances of making it is low. To a great degree, you are right that trading is same as gambling because both of them involve exposing the capital to a very big risk that can damage it completely. It even worsen by those using leverage to trade and somewhat the same as gambling. Although we might argue that trading requires huge technical knowledge to scale through and when acquired can offer some kind of advantage, the truth us that knowledge is not enough to succeed in trading because the market works more on human psychology than on some technical knowledge. Due to the complex nature of trading, it is safer to concentrate on buying and holding bitcoin, a practice that have produced more successful people than trading. It is easy to implement, does not require much technical and advanced knowledge, just the capital and how to go about it and the bulk of the job would be reduced to finding a safe way of storing the coins. This is highly recommended for those who does not want to beat up themselves for the direction the market took which is not their direction after they have invested so much time and resource in analysing and executing their trades.
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| | . Duelbits | │ | | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | ██████████████████████████████████████████████████████ . PLAY NOW . ██████████████████████████████████████████████████████ | █████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ █████ | |
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Promocodeudo
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Trading is risky just like gambling but trading is nothing compared to gambling. In gambling, you will always need luck, but in trading, you can solely depend on your expertise and flourish in it if you know your way out. But the issue with people is that they do not know how to trade but are just forcing things, this is why you can even compare trading with gambling Still, what I agree with you on is that people can resort to investing instead of trading as a less risky option. But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times. DCA is also a very good investment style but we should not let it enter our heads as a safe haven for investment as it on this thread. The right application is key.
People are comparing trading to gambling due to the high risk they both involve. A lot of people are losing money in trading just as they are also losing in gambling, and that is why they always compare them. Even gambling is not fully based on luck; if someone can analyze it well, there is always a better opportunity to win than for those who just want to fully rely on luck. Let's know that we have different types of trading; some types of trading are akin to gambling. I agree with you on this, gambling isn't just all about luck alone, but a combination of knowledge and experience for you to have a better wining rate. And yes, trading is risky, but way more controlled than you would have control over gambling, Basically, those you would see complain about trading being as gambling are these categories of traders who might have in one way or the other had gambled before, and it didn't work out for them or maybe currently are into gambling but has come into the trading world with a gambling mindset, where you have them gambling the market and calling it trading, lol. Both gambling and trading are alike in terms of addiction, both involves individual using money to go for an uncertain activity hoping to have double or triple of the amount they use in the sessions, most time when gamblers lose their money in gambling, they are triggered to go for more believing to win at the end of it, this is also applicable to traders.they only way trading can be controlled is when you are not in it already or when there is know means to get funds for trading, once the fund is available a trader will continue going hoping to win as time goes on, lets not forget that the aforementioned activities are very addictive so I don't really think that trading can be controlled than gambling. The risk in both activity are almost the same because the loss ratio of both is high and anyone that wants to engage in both must have two things is mind which is loss, profit or win but the stuff that should preoccupy their mind is loss because of the high tendency of its occurrence. No matter how experience and knowledgeable you are in gambling, once you aren't lucky your experience may not come to play because it is almost impossible to predict the actual outcome of any gambling session, there are many factors that may hinder your experience and knowledge from coming to reality so for me, gambling is unpredictable and that's why when you win just know that your luck has shine not necessarily your knowledge and experience that made it to be so.
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SOKO-DEKE
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August 18, 2024, 06:30:03 PM Last edit: August 18, 2024, 09:31:12 PM by SOKO-DEKE Merited by JayJuanGee (1) |
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let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point.
It is not about someone going into trading before it can be viewed as trading is something hard to make money from, compared to investment. So far, there are some experienced traders who are complaining that trading is not an easy thing someone can deal with. Someone can easily conclude, based on some traders' judgments, that it is not necessary for someone to try it first; that is part of taking precautions. I was once a trader, but despite not staying long before I gave up, I can testify that trading is not really easy.If I had listened to some people instead of following my own stubborn mind, I would not have lost money and failed in trading. I am not condemning trading, but the truth is that if someone is not financially stable, they will just suffer. In the early stages of trading, someone will definitely lose money before starting to make profits. And even when profits are made, they will not continue forever. Someone will lose, no matter how experienced they are as a trader.
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sotelorene
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Eloncoin.org - Mars, here we come!
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August 18, 2024, 07:42:37 PM Merited by JayJuanGee (1) |
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But it still has to be strictly engaged, otherwise, an investment could be silently more dangerous than trading at times.
As far as bitcoin is concerned, I disagree that investing in bitcoin is more dangerous than trading. If any bitcoin investor follows the principle of bitcoin, he or she can't lose money in bitcoin investment. Someone who has zero knowledge about bitcoin can invest in it and get it right. But in trading, you need to be an expert when it comes to technical analysis to help you analyze the price of bitcoin and predict if there will be a decrease or increase in bitcoin prices in a certain time or period, which you are not even certain will happen, and the possibility of you losing money in trading is high. For the sake of newbies in this thread, let's be careful about the knowledge we share here so that they will not be misled. Still on trading discussion here?, actually we can’t compare trading and investing even in terms of risk management. Both has different features with purpose and basically bitcoin investing comes with a long term plan meaning trading deals with short term gain which likely may not be comfortable for anyone, bitcoin investment risk comes only when an investor is trying to outsmart the system for example seeking short term profit and it still has to do with trade. These two things in bitcoin are different because their strategy and risk associated with it are not the same. Bitcoin trading when you understand It well is easy, and if you are a person that always believes in taking higher risks and has also been a researcher, you will definitely love it and also have your profit more than the person that will invest for a long period of time. But don’t forget that this bitcoin trading is not for everyone but those that are ready to take risk and also research more on a daily basis. While investment in bitcoin is mostly recommended to those that need a passive income, why I said this is because when you are willing to invest in bitcoin for a long time, you have to keep in mind that this investment will never be broken unless you have achieved your goals, which also deal with patience, so if you are not for the passive income. You will end up seeing that the long-term investment will endup not favour you, so you will apparently break your hope and crash down your investment as a result of a lack of patience and also too much concentration on your long-term investment. Both poor and rich investors can adopt the DCA strategy to accumulate bitcoin, and it is not designed for any class. There is no difficulty in accumulating bitcoin as far as I am concerned; you can accumulate bitcoin easily even if you are on a business trip. One of the reasons why some people accumulate bitcoin with the DCA strategy is to be able to control their emotions. For instance, if they accumulate bitcoin at a high price and if bitcoin dumps, they will not be worried because they know they will still accumulate bitcoin in a bearish state.
DCA can actually be for everyone because you will end up accumulating a lot without you knowing it, but still, I see it is a strategy best for those that find it hard to invest a huge amount of money because they think they will end up bankrupt. I am identifying with the poor because the rich invest a huge amount without any worries. But for the poor, it is a different thing, and DCA is like a strategy that will stimulate your interest in investment in the sense that poor people tend to enjoy doing things, but by not doing it at a single time, that is why I see that it is more recommended for the poor. I disagree with you in the first place that whoever understands trading, it becomes easy for that person to make profit from trading, the reason is that you are predicting the market and that is not something easy to do. Secondly, I also disagree with you that a trader will make profit more than an investor who invested and grow his bitcoin portfolio overtime while he still hodling. Firstly, let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point. So all I want you to understand in life is that your perception of things determines your fear, so if you can put it in mind that bitcoin trading will never look easy to you, then so shall it be because that is what you keep telling your mind to believe. So make yourself believe that everything is simple and easy for you so that you can also have the zeal to achieve them. Investing in a long period of time time with regular DCA weekly or monthly for 4-10 years and above will give you good profit due to the compounding effect of bitcoin and it is because of this reason that most investors always advice new beginners to plan for a long term investment. Imagine if you bought one bitcoin when the price of bitcoin was 16k late 2022. Without increasing your bitcoin by now the value of your bitcoin portfolio is 3X the amount that you bought it because you hodli and didn't sell, what if you keep on hodli that bitcoin for 10 years. A trader with one bitcoin might have lost it all in the market since when he bought it till this very moment.
Imagine you DCAing with $50 from your discretionary income every week constantly and continously without stopping for 10 years, your profit will be far higher because of the compounding effect of hodli and investing for long. His original amount of bitcoin that he bought will yield him profit and that profit will be added to the intiall amount he had to generate more profit and so on. Don't be decieved that it is easy to make profit from trading because the odds is very low. Bitcoin is called an investment because it generates profit overtime based on the size of your portfolio and that is why new investors are to buy, build, grow and hodli their bitcoin investment for a very long period of time for the future.
Am not deceived because I have my own perception and you also have your own perception because you think that bitcoin investment is easier than bitcoin trading, but let me ask you just a single question: Can you keep your bitcoin investment now that you have for the interval of 10 years? Are you that patient enough? If you can do that then am ok, but you don’t need to make everyone believe that your perception is always the right; moreover, having the patience to invest for even 4 years, you are not even a small deal talkless about investing and have been patient for more than that. So sir, you are the one that I will tell not to be deceived because you can’t have that patience to invest for the interval of 10 years. I can't say you are wrong neither can I say you are right but what you are saying depend on the kind of trader and the kind of investor you are talking about yeah, because there some traders that can make more profit within 4-10 years interval than some investors and there are also some investors that can make more profit within that same interval of time than some traders so what this means is you are partially right and partially wrong. With the way you are sounding I guess you are a trader and nobody is trying to convince you on how to go about Bitcoin if you think trading will favor you fine but note trading is not easy as you think I mean it's very complex and no matter how you try to study or carry out your analysis you will still incur loss but Bitcoin investment is not like that. Sorry to say this but I see people that trade as people who don't have patient, people who want quick something and then I see investors as people who has patient and hoping to achieve something great in future but yet even some people who claims to be an investor also trader because they sell when they are not suppose to. In summary, no matter how much profit you make a day in trading, doesn't change the fact that investing in Bitcoin is the best way to go about it because that same profit you make a day can still turn to a loss in a twinkling of an eye.
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Egii Nna
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August 18, 2024, 08:41:49 PM Last edit: August 18, 2024, 08:55:45 PM by Egii Nna |
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I can't say you are wrong neither can I say you are right but what you are saying depend on the kind of trader and the kind of investor you are talking about yeah, because there some traders that can make more profit within 4-10 years interval than some investors and there are also some investors that can make more profit within that same interval of time than some traders so what this means is you are partially right and partially wrong. With the way you are sounding I guess you are a trader and nobody is trying to convince you on how to go about Bitcoin if you think trading will favor you fine but note trading is not easy as you think I mean it's very complex and no matter how you try to study or carry out your analysis you will still incur loss but Bitcoin investment is not like that.
Sorry to say this but I see people that trade as people who don't have patient, people who want quick something and then I see investors as people who has patient and hoping to achieve something great in future but yet even some people who claims to be an investor also trader because they sell when they are not suppose to. In summary, no matter how much profit you make a day in trading, doesn't change the fact that investing in Bitcoin is the best way to go about it because that same profit you make a day can still turn to a loss in a twinkling of an eye.
One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. But there is an economic fact that says the higher the risk, the higher the chance of profit, and the lower the risk, the lower the chances of profit, who is vice versa to lost, and in this both bitcoin trading has higher risk in times of loss, why bitcoin investment has lower risk in times of loss. That is why many people tend to see it as the easiest. But all you need to have is higher patience and another source of income that will sustain you in order not to break down your investment, while in bitcoin trading you need very high knowledge, luck, and patience, so there are different you just have to stake the risk you can afford. let me clarify something for you if you didn’t understand about bitcoin trading and why you view it as something that is very hard. It's just because you find it hard to conduct adequate and deep research, and to find this research is definitely hard. I can’t lie, as a trader, that it depends on prediction and probability. Did you still know that those profits that you will courteously get from each trading for that interval of 4–10 years will be more than the profit that a bitcoin investor will gain in 4 or 10 years? If you think I am lying, go and make a rough estimation, and you will see my point.
I know you subjected to your own points of view and reasoning but no need using some terms which can lure more people into trading which you should have realized the effects at the early stages. Trading is profitable (undeniably) but considering that traders can never be perfect enough to always go in at all times and not take any loses from their trade. Trading comes with loss and profits which the trader is entitled to but what is said to distinguish between a professional and just anyone trading is the ability of making more profits than losses, now comparing to Bitcoin investment, anyone can buy and hold without any confirmation of professionalism involved. Bitcoin investment gives without taking, the amount of Bitcoin held doesn't changes and perfectly increases in dollar value as long the investor continous to hold. The profits are made considering the variability of the Buy and Sell order, so anyone investing understands the power of long term holding which guarantees good return of investment, more likely to be greater than those who traded for same period. You have a point, but my main point was not to brainwash anyone. I know bitcoin trading has a higher risk. What I was trying to explain there was that those there are jumping into investment without having a strong stand. Can they be patient to withstand holding for 4-10 years? Moreover, I am not against bitcoin investment because I am also an investor but am emphasising having knowledge about trading rather than depending fully on bitcoin investment, even though I know that bitcoin investment is the easiest one to engage in.
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I_Anime
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August 18, 2024, 09:22:44 PM Merited by JayJuanGee (1) |
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One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. Well there's no problem in one trading especially when one still focus on accumulating while trading. The reason why most time we don't encourage trading is because most people go into trading hoping to get rich quick without having a proper learning phase, they may endup wasting valuable resources due to having half-size knowledge. So trading is not something that one will just go into one need to take he or her time to build a better knowledge on how trading works, before hopping on it . But when comes to investing in bitcoin one don't need to spend much time in accumulating much knowledge first before going into it they can , just start their bitcoin journey aslong they have a proper basic knowledge on how bitcoin works, so that they can know how to purchase and keep it safe while they accumulate and hodl .
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Egii Nna
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August 18, 2024, 09:37:20 PM |
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One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. Well there's no problem in one trading especially when one still focus on accumulating while trading. The reason why most time we don't encourage trading is because most people go into trading hoping to get rich quick without having a proper learning phase, they may endup wasting valuable resources due to having half-size knowledge. So trading is not something that one will just go into one need to take he or her time to build a better knowledge on how trading works, before hopping on it . But when comes to investing in bitcoin one don't need to spend much time in accumulating much knowledge first before going into it they can , just start their bitcoin journey aslong they have a proper basic knowledge on how bitcoin works, so that they can know how to purchase and keep it safe while they accumulate and hodl . That is the best because I also said that when you want to go into bitcoin trading, the main thing you need to know is that you have to be a good researcher, and at the same time, you should know that you are trying to jump into a very high risk. So you have to be more focused, but if you need the easier and more related to perceive income, then investing is your best to recommend for someone that is new to the space and others that are occupied with other jobs. because all what bitcoin investment needs most is your patience to hold, but for bitcoin trading it needs more than only patience because there are a lot of ups and downs in bitcoin trading.
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avp2306
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August 18, 2024, 09:58:48 PM |
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One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. Well there's no problem in one trading especially when one still focus on accumulating while trading. The reason why most time we don't encourage trading is because most people go into trading hoping to get rich quick without having a proper learning phase, they may endup wasting valuable resources due to having half-size knowledge. So trading is not something that one will just go into one need to take he or her time to build a better knowledge on how trading works, before hopping on it . But when comes to investing in bitcoin one don't need to spend much time in accumulating much knowledge first before going into it they can , just start their bitcoin journey aslong they have a proper basic knowledge on how bitcoin works, so that they can know how to purchase and keep it safe while they accumulate and hodl . Most of the time they expect a lot from it then think about they can hit one time big time on their trade especially if the token they trade pump up so hard. Then they became so greedy for thinking that scenario and they imagine in advance that they are gaining a lot of profits. That thinking is wrong especially if they find it hard to get in reality then they are struggling to do trades. That's why trading is not for all since lots of technical things need to consider and many things could be the reason on why their capital will collapsed. If they are rich and can take a risk then they could try, but they should not forget to accumulate then hold since its also better for rich guy to have multiple investment then figure out later on what's best for them. But for those people who can risk their money and just want a straight to the point investment they shouldn't go on trading since as being said this is risky, much better for them to focus on accumulating and build their portfolio/BTC balance for future profit gaining.
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Sim_card
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August 19, 2024, 04:56:05 AM Merited by JayJuanGee (1) |
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One thing I believe in this life is that whatever you believe in that is how you will view it, so to me, if you can view a trader as someone who has not been patient, I won’t see anything wrong with it, and me supporting trading doesn’t still mean that I don’t invest in bitcoin. All I want people to understand is that the main reason why they see trading this hard is because it has a higher risk than investment because I have tested both and I know how it feels. Well there's no problem in one trading especially when one still focus on accumulating while trading. The reason why most time we don't encourage trading is because most people go into trading hoping to get rich quick without having a proper learning phase, they may endup wasting valuable resources due to having half-size knowledge. So trading is not something that one will just go into one need to take he or her time to build a better knowledge on how trading works, before hopping on it . But when comes to investing in bitcoin one don't need to spend much time in accumulating much knowledge first before going into it they can , just start their bitcoin journey aslong they have a proper basic knowledge on how bitcoin works, so that they can know how to purchase and keep it safe while they accumulate and hodl . It is not advisable for a new investor who is still accumulating bitcoin to trade at the same time because he has not accumulated more than enough Bitcoin in his portfolio and he is still building his bitcoin stash. Trading will be a distraction to him and before you know it, he might want to take part of his bitcoin that he is investing to trade when he has run at loss and that is where his downfall might start from because he will want to try his best to make sure he makes profit to recover what the amount he has taken from his investment portfolio which there is no guarantee that he will make profit and before you know it gradually his bitcoin investment portfolio will depreciate killing the purpose of him investing. You cannot serve two masters as the same time because you will be more focus on one than the other and it is possible that theft new investor will focus more on trading because he will be emotionally affected losing in the market. Why will any new investor be gambling that he is trading and at the same time say that he is investing, this is a wrong idea and wrong practice that can lead you to losing all your bitcoin. It is better that any investor that is in his accumulation stage should not ever think of trading but regular buying with DCA weekly or monthly consistently and persistently overtime so that he can reach his bitcoin target early. Trading is a wrong way of increasing your bitcoin because it will be the opposite. How do you expect a new investor to be grounded with trading knowledge that is very complex. It is hard to predict bitcoin price movement which is not important for a new investor on a long term journey.
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| | | | | | | | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
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