Buy Buy Buy or Sell Sell Sell?

[sotelorene]

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.

I will never advise anyone to adopt trading bitcoin for short-term profit because I know how risky and the emotional damage that comes with trading bitcoin for short-term profit, and sometimes your money can get stuck, and if you fail to hold your bitcoin for the price to go high again, you will sell it at a loss. Trading requires a high level of knowledge that will help you to master it, which can take you so many months to learn, and you also need to be able to determine if there will be news that will affect the price of bitcoin so that you will know when to buy bitcoin. Since trading bitcoin for short-term profit is difficult, it is better to put the energy into accumulating bitcoin for a long-term purpose and also save yourself from the stress that comes with trading.

Whether trading for short term or long term I can't advise anyone to dive into it because the outcome is not certain or guarantee. But I believe most people who are into trading is/are ready to face anything that will come up during their period of trading and these set of people are determined and most use what they can afford to lose but there are also people who has only inclined their mind on the profit they are going to make without a thought that, what if it doesn't go as planned because the market is not our own we can't control it and this mentality of only thinking about the profit has rendered most traders uselessness and some are in a place of regretion. If one doesn't want to go into investment and prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

[Jewan420]

I can't really get what you mean but what am trying to insinuate is
Invest with spare cash i.e amount of money you can do without
It helps in DCAing without getting anxious every time.

Your summary is very useful for an investor. One of the important features of the DCA method is the use of unnecessary overhead. This is one of the ways to successfully lengthen DCA. DCA has some characteristics, the main three are - (1) being consistent and long-term (2) using redundant funds. (3) Keeping an emergency fund ready.

I think an investor could be at risk if he ignores any of these three. DCA is essentially about being regular in investment, i.e. investing a certain amount consistently on a weekly or monthly basis. Of course you have to be long-term. Here the issue of price change has to be completely ignored. The money you use to invest must be money left over after meeting your needs, which you will not lose if you lose, or which you will not need in the future. That is, you will invest with the aim of losing the invested money that you will not regret losing. If the investment is successful, you must accept and enjoy it. Emergency funds play a major role in making investments successful in the long run. Its function is that after starting the investment, you don't have to worry about breaking the investment at an adverse moment in your life, instead of taking the money from the investment, you will take the money from the emergency fund. Selling investments at unfavorable times may not be profitable, you may face unexpected losses if the market is not in your favor. Emergency funds work to avoid this risk.

[Egii Nna]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among 
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit. 

[puloweh555]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among 
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit. 

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

[Sim_card]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

I don't see how learning trading is important for an investor who plans to buy bitcoin and hodli for long term because it will be a waste of time and not a priority since he is only buying continuously ovetime. Trading to me is a no go area because it is similar to gambling and bitcoin is worth more than using it for gambling.

[BITCOIN4X]

~Snip

Don't wait to buy bitcoin during bear market alone, but keep it consistent using a DCA approach which has proven to be effective in both bear and bull markets.

Some users are forced to delay because of budget constraints, others are delaying because they are waiting for a deeper dip. This delay is certainly justified for them, but if you have a budget then there is no reason to delay other than you don't want to buy at current prices. Waiting for prices to drop further is not the best advice if you are buying with DCA, but DCA allows you to buy at some parts regardless of current or future prices.

Steady accumulating bitcoin using a DCA is an important way stay in the market and build a your portfolio. As an investor with  a long-term aim bull and bear markets shouldn't be given much attentions but prioritizing and focusing on your accumulation in both seasons is a key factor for long-term investors.

This kind of theory must be adjusted to your economic situation. It is impossible to buy and accumulate bitcoin all the time without being supported by stable finances. While the problem of inflation has not been resolved and the minimum wage that has not increased does not support a consistent accumulation plan. You need to adjust and save as often as possible, but don't do it if your body needs more nutritional intake. Just meet the needs of yourself and your family first, the rest is safe to invest regardless of building a short-term or long-term portfolio.

[Tauja]

Your summary is very useful for an investor. One of the important features of the DCA method is the use of unnecessary overhead. This is one of the ways to successfully lengthen DCA. DCA has some characteristics, the main three are - (1) being consistent and long-term (2) using redundant funds. (3) Keeping an emergency fund ready.

I think an investor could be at risk if he ignores any of these three. DCA is essentially about being regular in investment, i.e. investing a certain amount consistently on a weekly or monthly basis. Of course you have to be long-term. Here the issue of price change has to be completely ignored. The money you use to invest must be money left over after meeting your needs, which you will not lose if you lose, or which you will not need in the future. That is, you will invest with the aim of losing the invested money that you will not regret losing. If the investment is successful, you must accept and enjoy it. Emergency funds play a major role in making investments successful in the long run. Its function is that after starting the investment, you don't have to worry about breaking the investment at an adverse moment in your life, instead of taking the money from the investment, you will take the money from the emergency fund. Selling investments at unfavorable times may not be profitable, you may face unexpected losses if the market is not in your favor. Emergency funds work to avoid this risk.

Consistency in buying is also included in the items that must be considered, an investor who has consistently bought bitcoin is an investor who has the soul to hold it in the long term. The purchase routine is carried out throughout the investment journey without fear, lack of confidence and is able to manage cash flow quite well, that is the criterion of an investor who understands the investment process being carried out.

The investment journey in bitcoin is not only popular with those who are old, even many teenagers are quite active in investing in bitcoin. They have begun to understand that future technology will be more advanced in other words bitcoin will be everyone's choice for old age assets. Indeed, there are always sellers every second, every hour, even that is a natural thing because they want to make a profit. But there are also those who want to buy and continue to buy because they want to hold bitcoin in the long term.

[Justbillywitt]

It all goes back to the initial plan that we made, if we plan to invest long term of course when the price is falling is the right time to add assets but for those who only want to take advantage for a moment I think there are quite a few aspects that need to be looked at including selling when the price is falling so that the loss is not too deep is also worth doing.

Selling Bitcoin while the market falling is never the best option. Rather you should utilise that moment as an opportunity to keep adding to your portfolio. This is Bitcoin we are talking about and not any shit coin. Even if it falls, the market will still go back up, it's just a matter of time and patience. So why sell when you should be buying? You see that's the more reason why it's best to hold Bitcoin for long term. Because as a long term holder your mind will be at peace even when there is a prolonged dip in the market. An important asset like Bitcoin shouldn't  be sold out of fear that the loss will be too deep, when if you hold further, it will benefit you more. Even if you want to sell part of your Bitcoin at the end of your holding period, it's best to sell when there is a bullish trend. Have you ever asked yourself who are the people that keeps buying Bitcoin even when there is a prolonged dip. These people understand the value of Bitcoin and that's how every investors in Bitcoin should know the real worth of Bitcoin and hold it for as long as possible.

And the DCA method is indeed quite helpful for us to continue to increase assets for the benefits achieved in the future, for now the DCA method is quite widely used by many people who have limited capital

The DCA is not widely used by people with limited capital, that's quite misleading. The method is widely used by both rich, medium and poor investors. It is just a method that's designed for an investor to capture the market when making his investment at different price levels. Don't see people that DCA as people who have limited capital. Because investors of all financial sizes makes use of the DCA method.

[Dailyscript]

It is impossible to buy and accumulate bitcoin all the time without being supported by stable finances. While the problem of inflation has not been resolved and the minimum wage that has not increased does not support a consistent accumulation plan. You need to adjust and save as often as possible, but don't do it if your body needs more nutritional intake. Just meet the needs of yourself and your family first, the rest is safe to invest regardless of building a short-term or long-term portfolio.

I strongly agree with this. Investors do neglect the importance of financial stability as a huge support to Bitcoin accumulation, and they also contradict it to being rich entirely. As an investor, it is important to have a solid financial foundation to avoid making wrong decisions and ensure sustainable investment. This doesn't mean we ought to be rich first before we can start our investment. What it means is that we need to be able to take care of other essential needs that require finance. Which has to do with our health, emergency funds, family needs, tuition and to mention a few. Ignoring this idea can lead to huge mistakes and affect our investment.

It may lead to hunger for quick gains when we invest thereby affecting the long-term plans. Some investors go as far as over-investing at the expense of essential needs and end up being in financial hardship that we make them tap into their Bitcoin. The income must be steady, it could come from a good job, skill, or business. But one who is struggling to be financially stable need to hold on for sometime till he is ready.

[ultrloa]

~Snip

Don't wait to buy bitcoin during bear market alone, but keep it consistent using a DCA approach which has proven to be effective in both bear and bull markets.

Some users are forced to delay because of budget constraints, others are delaying because they are waiting for a deeper dip. This delay is certainly justified for them, but if you have a budget then there is no reason to delay other than you don't want to buy at current prices. Waiting for prices to drop further is not the best advice if you are buying with DCA, but DCA allows you to buy at some parts regardless of current or future prices.

Maybe fear of unknown situation cause them delays if they have budget. But they should know that if let those feelings prevail then for sure they are the one who suffer losses. So if they already have budget to spend and know for their selves that they are ready then they should not think about other think which can cause them fear. Focus on their accumulation is important and if they entertain other nonsense thing or frequently look at the price then fear with the dump then it may cause their losses. Waiting for price drop is not really good action to do or advice to follow especially if they are for DCA and target to acquire for long term. It will just create huge disturbance to them and might end up to bad result especially if they get disappointed to some Fuds they are facing. I always agree when people say that consistency will bring good result to those who believe that bitcoin will bring them good profit in future.

[DaNNy001]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

I don't see how learning trading is important for an investor who plans to buy bitcoin and hodli for long term because it will be a waste of time and not a priority since he is only buying continuously ovetime. Trading to me is a no go area because it is similar to gambling and bitcoin is worth more than using it for gambling.

Why in the hell would anyone who's not grounded in trading would want to start up his investment plans and journey with trading, I believe there are so many newbie who often think that trading can help them build up their portfolio a lot faster well there is this saying "you never know what's inside until you have actually tried it".

For me trading is a big NO NO for any type of investor especially for new investor, I know there are lots of fake social media clips of how traders tend to make trading look really easy and cool to lure people into trading but I can tell you that trading is definitely like gambling especially if you are new to it, it's a 100% time better for you as a young investor to stay focus with a steady strategy that can help build your portfolio with the assurance that nothing actually goes sideways which ofcourse is the DCA strategy, it's better to start slow but safe than aim big and risk it all.

[Barikui1]

It is impossible to buy and accumulate bitcoin all the time without being supported by stable finances. While the problem of inflation has not been resolved and the minimum wage that has not increased does not support a consistent accumulation plan. You need to adjust and save as often as possible, but don't do it if your body needs more nutritional intake. Just meet the needs of yourself and your family first, the rest is safe to invest regardless of building a short-term or long-term portfolio.

I strongly agree with this. Investors do neglect the importance of financial stability as a huge support to Bitcoin accumulation, and they also contradict it to being rich entirely. As an investor, it is important to have a solid financial foundation to avoid making wrong decisions and ensure sustainable investment. This doesn't mean we ought to be rich first before we can start our investment. What it means is that we need to be able to take care of other essential needs that require finance. Which has to do with our health, emergency funds, family needs, tuition and to mention a few. Ignoring this idea can lead to huge mistakes and affect our investment.

It may lead to hunger for quick gains when we invest thereby affecting the long-term plans. Some investors go as far as over-investing at the expense of essential needs and end up being in financial hardship that we make them tap into their Bitcoin. The income must be steady, it could come from a good job, skill, or business. But one who is struggling to be financially stable need to hold on for sometime till he is ready.

That's just it bro, financial stability is very much needed when investing in Bitcoin, but it's not a must that you must be rich, as long as you can afford your daily needs without stress, then I believe you are good to go.

 What it is a must to me  is that you must invest what you can afford, an amount you can do away without for a very long period of time without falling back to it at some point, and to me, that's the ideal thing, as long as you can do away without it  and you can still have an emergency fund in place during the rainy days,  then their is nothing stopping you from accumulating Bitcoin through the DCA accumulating strategy, so as to be able to build a generational wealth overtime, because I believe that with the kind of huge potential Bitcoin has, I believe that it can do more than 10x in 10 to 20 years time from now.

[Ricardo11]

It is impossible to buy and accumulate bitcoin all the time without being supported by stable finances. While the problem of inflation has not been resolved and the minimum wage that has not increased does not support a consistent accumulation plan. You need to adjust and save as often as possible, but don't do it if your body needs more nutritional intake. Just meet the needs of yourself and your family first, the rest is safe to invest regardless of building a short-term or long-term portfolio.

I strongly agree with this. Investors do neglect the importance of financial stability as a huge support to Bitcoin accumulation, and they also contradict it to being rich entirely. As an investor, it is important to have a solid financial foundation to avoid making wrong decisions and ensure sustainable investment. This doesn't mean we ought to be rich first before we can start our investment. What it means is that we need to be able to take care of other essential needs that require finance. Which has to do with our health, emergency funds, family needs, tuition and to mention a few. Ignoring this idea can lead to huge mistakes and affect our investment.

It may lead to hunger for quick gains when we invest thereby affecting the long-term plans. Some investors go as far as over-investing at the expense of essential needs and end up being in financial hardship that we make them tap into their Bitcoin. The income must be steady, it could come from a good job, skill, or business. But one who is struggling to be financially stable need to hold on for sometime till he is ready.

That's just it bro, financial stability is very much needed when investing in Bitcoin, but it's not a must that you must be rich, as long as you can afford your daily needs without stress, then I believe you are good to go.

 What it is a must to me  is that you must invest what you can afford, an amount you can do away without for a very long period of time without falling back to it at some point, and to me, that's the ideal thing, as long as you can do away without it  and you can still have an emergency fund in place during the rainy days,  then their is nothing stopping you from accumulating Bitcoin through the DCA accumulating strategy, so as to be able to build a generational wealth overtime, because I believe that with the kind of huge potential Bitcoin has, I believe that it can do more than 10x in 10 to 20 years time from now.

Agree with your comment, financial stability is very important in investing in Bitcoin, because when an investor invests in Bitcoin he needs to hold his investment for a long period of time without any damage in his investment, and he must have enough emergency fund to hold that investment for a long time without any interruption. Must keep some amount of cash for emergency and have a sure source of income. From which he can make regular investments as well as meet his daily needs without any hindrance.

In case of DCA, an investor must keep some cash with himself from which he can meet his needs in case of emergencies. Because an investor in Bitcoin can never stop his investment, and if he doesn't have cash, he is forced to rely on that investment in times of emergency. So that he can lose.

So a beginner should be regular in DCA, this strategy is an excellent medium for a middle class people to grow his wealth. It allows you to build a strong portfolio over time with less risk, which will give you huge returns in the future.

[Odohu]

And the DCA method is indeed quite helpful for us to continue to increase assets for the benefits achieved in the future, for now the DCA method is quite widely used by many people who have limited capital

The DCA is not widely used by people with limited capital, that's quite misleading. The method is widely used by both rich, medium and poor investors. It is just a method that's designed for an investor to capture the market when making his investment at different price levels. Don't see people that DCA as people who have limited capital. Because investors of all financial sizes makes use of the DCA method.

You are very correct on the DCA strategy being suitable for all income classes. I was having that wrong mindset that the DCA method is designed for low income class until I was corrected and now I know better how powerful the DCA can be for even those with deep pockets. As a matter of fact, I even learnt that the famous MicroStrategy uses the DCA method.

However, we must appreciate the fact that the DCA method help those with low income to be able to invest in Bitcoin in an organized and optimistic fashion. I will use myself as an example, I was thinking that I will start investing in Bitcoin when I have huge amount of money. Because of this mindset, I delved into trading hoping that when I make it big there I will then use the proceed to buy Bitcoin. This cost me a lot of money because I was trading so emotionally and taking unnecessary risk because I though I had a target. If I had known the DCA method then, I would have started investing in Bitcoin even if it is with part of those funds I deposited into my trading account and wasted. When I learnt about the DCA method from this forum, I began to appreciate the beauty of humble beginning and those small money I was thinking was not enough for investment in Bitcoin became very important to invest and compound.

[Muba20]

And the DCA method is indeed quite helpful for us to continue to increase assets for the benefits achieved in the future, for now the DCA method is quite widely used by many people who have limited capital

The DCA is not widely used by people with limited capital, that's quite misleading. The method is widely used by both rich, medium and poor investors. It is just a method that's designed for an investor to capture the market when making his investment at different price levels. Don't see people that DCA as people who have limited capital. Because investors of all financial sizes makes use of the DCA method.

You are very correct on the DCA strategy being suitable for all income classes. I was having that wrong mindset that the DCA method is designed for low income class until I was corrected and now I know better how powerful the DCA can be for even those with deep pockets. As a matter of fact, I even learnt that the famous MicroStrategy uses the DCA method.

DCA is a strategy that is best suited for both the rich and the poor. Just as a poor investor can accumulate bitcoins according to his capability, same is the case with rich investors. This method is most effective for depositing bitcoins. On the one hand, as the investor will have the opportunity to gradually increase the amount of his bitcoins, he will also be able to reduce his risk. Hence adopting this method can benefit an investor from both sides. Any amount of income is not a problem. I think if one realizes the potential rather than the money then it will be very easy to adopt the method. Just keep in mind that those who can accumulate more bitcoins will get success according to their investment. Everyone who believes in Bitcoin, places the highest importance on Bitcoin Accumulation.

[MainIbem]

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Are you advising new investors to go into trading? Nothing concerns a Bitcoin investor with trading, infact they should focus all their attention to learn good strategies like the DCA and it's kinds instead of learning to trade, especially for investors who just newly pick interest in learning about Bitcoin, their main focus should be accumulating Bitcoin in their portfolio after they've got a better understanding about it, I believe you should've come across the DCA method and how to go about it, so instead to telling Newbies to go learn how to trade and probably lose money at the early stages of their Crypto journey teach them to invest by buying and holding Bitcoin and accumulating more over time in their portfolio, trading is not a good form of investment and doesn't suit the purpose of Bitcoin investment which is long-term and if you're thinking long-term as an investor, trading should be far from your thoughts cause it has nothing to do with it.

[Promocodeudo]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

I don't see how learning trading is important for an investor who plans to buy bitcoin and hodli for long term because it will be a waste of time and not a priority since he is only buying continuously ovetime. Trading to me is a no go area because it is similar to gambling and bitcoin is worth more than using it for gambling.

That's exactly the point, as a matter of fact it is advisable for newbies not to go the lane of trading, though I understand that there are existing bitcoiners that are much more into trading, for me it shouldn't be a thing for a newbie because as a newbie going into what you know nothing may ruin you and if such happens, you may start generalizing it with Bitcoin investment and misleading people on the experience you had on trading and people that doesn't know much about Bitcoin investment and the trading aspect may agree to what they heard in turn this may cause discouragement among individuals that has the mindset of investing in Bitcoin.
Intending investors should concentrate on the investment aspect of Bitcoin alone to avoid unnecessary loss as result of trading that may cause regret, as a newbie you must have a good investment plan and a set goal for the future if you must succeed in Bitcoin investment and for the afformentioned to happen you must use a good strategy that fits your pocket in other to keep acumalting to build a bulky portfolio and hodl for a long-term.

Newbies that want to remain relevant in the system should have the mindset of consistently investing the amount that will not hinder them from handling other financial needs as it affects them, if a newbies abide by this, it will help them not to think of withrawing their investment half way to Carter for unexpected financial problems that may arise along the line, it will also strengthen newbies to keep buying as much they can and keep holding for the long-term which is the main goal.

Though different people with different reasons why the are into Bitcoin but as far as ones goal is to buy Bitcoin the little they can consistently and hodl for the long-term, being involved in whatever concerns trading shouldnt matter to such person again because trading in reality is an unrealistic shorterm journey thats capable of causing more harm as gambling do to gamblers in quote, so for me it is advisable as newbies and existing bitcoiners to always have a future mindset in other to avoid risk that's is not worth it.

[DubemIfedigbo001]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

I don't see how learning trading is important for an investor who plans to buy bitcoin and hodli for long term because it will be a waste of time and not a priority since he is only buying continuously ovetime. Trading to me is a no go area because it is similar to gambling and bitcoin is worth more than using it for gambling.

Like the saying goes, time waits for no man and opportunities comes not always. As a new Bitcoin investor with some spare cash, the most important thing for you to do is to secure your future first.

Trading isn't bad at all because it's an undeniable integral part of the crypto space, we all know that before you get really good in trading to make money, you must have lost a fortune and it really takes time.

Now since you've these spare cash with you to throw around, you're supposed to start accumulating Bitcoin with it so your future is secured first with your investment and when your accumulation target is reached, you can then choose to continue accumulating, or entertain trading career side by side with your continued accumulation journey.

Time is precious and the good Bitcoin prices we see today may be our dream dip tomorrow, so instead of jumping straight into trading, focus on accumulating first to take advantage of the today's good prices and accumulate good stashes of Bitcoin for yourself before the prices skyrocket to unimaginable heights and you'll be filled with regrets that you missed out on a good investment opportunity while busy chasing shadows.

[Frankolala]

prefer trading they should note the following;

1. Trade with what you can afford to lose
2. The market is not a respecter of person ( it doesn't look if you really need money or not)
3. The risk is 50/50, if not more than the chance of making profit
4. Don't be carried away by the market movement whether down or uptrend etc.

The best part that you forget to add up is to go and engage in trading classes in order for them to learn for a long period of time so that they can have knowledge about what they are trying to enter because both trading and investment need patience, but trading is the most dangerous among
 
So that is why it is mostly advisable for the beginners to always focus on long-term bitcoin investments because it is less stressful, it requires less knowledge, it has a lower risk than bitcoin trading, and at the same time it is very easy, so even if you have the wish to trade, I think the best thing to do should be a long-term investment rather than involving yourself in something you are not fully sure you will have a good profit.

That's right. Learning to trade is the most important thing, it doesn't have to be in class or have a mentor but just learn independently, especially now there is so much information that we can learn, the point is to learn. Because trading is not only difficult, but very very difficult. it takes years to learn technical analysis, risk and reward ratio, good money management, controlling emotions and greed. So practicing patience is also an important factor in trading and investing. A strategy that suits us, don't follow others, those are the things needed to be able to make a profit. without years of dedication like that, it is very difficult to get consistent profits.

I also agree with you. To be safer in investing, you should make bitcoin your main goal, because the risk we have in bitcoin is smaller than altcoin and bitcoin is also an asset that has good prospects for the long term.

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

I don't see how learning trading is important for an investor who plans to buy bitcoin and hodli for long term because it will be a waste of time and not a priority since he is only buying continuously ovetime. Trading to me is a no go area because it is similar to gambling and bitcoin is worth more than using it for gambling.

Like the saying goes, time waits for no man and opportunities comes not always. As a new Bitcoin investor with some spare cash, the most important thing for you to do is to secure your future first.

Trading isn't bad at all because it's an undeniable integral part of the crypto space, we all know that before you get really good in trading to make money, you must have lost a fortune and it really takes time.

Now since you've these spare cash with you to throw around, you're supposed to start accumulating Bitcoin with it so your future is secured first with your investment and when your accumulation target is reached, you can then choose to continue accumulating, or entertain trading career side by side with your continued accumulation journey.

Time is precious and the good Bitcoin prices we see today may be our dream dip tomorrow, so instead of jumping straight into trading, focus on accumulating first to take advantage of the today's good prices and accumulate good stashes of Bitcoin for yourself before the prices skyrocket to unimaginable heights and you'll be filled with regrets that you missed out on a good investment opportunity while busy chasing shadows.

Everything you said I agree but the bolded text is what I don't see needful.

One thing that I will not advise anyone to do is to be accumulating bitcoin and thinking that you can also be trading at the same time. Because you will distract yourself and you will be distracted with trading since it takes more time to learn and affect emotions whenever there is a loss. As a matter of fact, you can even jeopardize with your bitcoin investment by using part of it when you are running at loss in trading and before you know it gradually, you are giving up your investment to trading and losing it gradually.

Why would one choose to destroy what he took his time to build because he feels that he needs trading to make more money. Traders hardly hodli their bitcoin for long and before you know it, you as an investor will become a trader and a little mistake you will make if the market goes against you, you will lose it up. A new investor should only think on investing and concentrate only on investing and hodli for a long period of time because that's where the profits lies.

[Cryptoprincess101]

Trading is very complex and a new investor should avoid trading at all cost because it will make you run at loss and lose the little bitcoin that you bought. It is good for new investors to get started immediately and buy bitcoin with DCA method frequently weekly or monthly so that you can build and grow your bitcoin investment for the future in order for you to become financially buoyant.

Trading for a beginner or a newbie can be very problematic because they lack experience and exposure on how trading works and even if they want to consider trading due to what a trader must have told them but they should not trade Bitcoin, they can gamble other shitcoins and trade with amount they afford to let go if the market goes sideways then if they are lucky to make profits while trading it's fine then they can take their profits to invest in Bitcoin but that doesn't mean that trading is a good practice for a beginner. All investments are risky but the risk of a Bitcoin investor running into losses is at the minimal therefore I suggest that it would be better to invest in Bitcoin than to get involved in trading because trading has this kind of urge to trade more especially when you record some profits and continue before you know it all your money is gone. Investing in Bitcoin is the best investment decision anyone can indulge in no matter how little of it you acquire but by consistent DCA you can grow a huge portfolio.