Buy Buy Buy or Sell Sell Sell?

[DubemIfedigbo001]

Well, I really think you missed my point mate, was pointing at a beginner who's mind is made up on trading, so to make sure he does the right thing first by accumulating Bitcoin first until his target is met before thinking of trading, I would introduce a mindset of accumulation as primary and trading as secondary. Just a calculated plan to get such a person to have his investment in Bitcoin first in order to secure his future. Most times while investing in Bitcoin consistently such person loses interest in trading and remain focused on his investment. This is just a mental hack to direct a new investor who previously had intention of trading that there's a better future in investment and it should be considered a priority.

If you deal with people so much, you'll know that a direct refusal sometimes triggers resistance in them, so identifying with their intentions to a limited extent makes them more comfortable and most times at the long run, they get comfortable with your Idea and forgo the wrong motive they had earlier.

You really have a point thou but is it really necessary to stop people from having their choice when it comes to finance? You and I know that the primary aim of trading or holding bitcoin for either short or long term is to secure profits. While you might be comfortable with long term goals of Bitcoin, others might prefer venturing into trading for its juicy and daily profit despite the high risk involved. Unless someone is a total newbie who wants to seek for my advice or probably under my couch, I see no reason why I should try to manipulate their mind into what I believe is the best. Idk but I find it hard interfering people decision especially when it involves finance. Moreover, trading is also an aspect of cryptocurrency, if they think it'll work for them let them be.

You do not decide for anybody, you only offer your own view of the subject matter and let them decide their fate. In that scenario, when I'm sure the new person or even old Bitcoin enthusiasts is trying to venture into trading as against Bitcoin accumulation, I'll only try to make him see reasons to become an investor and achieve something substantial first before considering other choices on the crypto space.

I'm every of your deadline with people, do not give them financial advise, else you'll be dragged when things don't work out for them as planned. I'll only present my view and experience to you while letting you solely decide you're faster.

I always end my discussion with people on crypto related matter with these statements This is not a financial advise, make your decisions by yoursel.f

[Onyeeze]

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading.

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.

If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

[ultrloa]

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading.

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.

If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

It all matter depends on how you understand the situation and how deep your knowledge about everything related to market condition. But to get lot of experience you should deal with several losses and time wasted for this activities. That's why trading is not everyone since they would go to lots of risky matters or stressful scenario so if they can't deal with it better go with better option which is HODL which we are already here since we already figure out that everything on trading is risky and  this game is not for me to deal with.


Trading is only good at first when you newly knew it, but if you figure out how hard to earn with this since the volatility of the market is high you provably get disappointed on your result. Especially when you also deal with shitcoins those rug pull schemes is happening and that add to the disappointment on why I don't want to deal with those tokens anymore.

[JayJuanGee]

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.

I don’t agree that learning how to trade is extremely important. It’s an aspect to cryptocurrency investment and surely a way to build a portfolio but, it’s not the most important. You can do well in cryptocurrency even without having to trade I believe. Not so many in the field are traders and that’s mostly due to the high risk environment associated with trading live markets.
You could still be investing on the sidelines and be good, whatever goes for an individual I guess. In the end what’s most important is having to build your portfolio.

Had you even noticed that this thread is about bitcoin?  You did not use the word bitcoin at even one place in your post.

Sure I would agree that if devolve into thinking that trading is important in regards to bitcoin, then surely there is no stopping regarding what kinds of crap you might choose to trade in order to try to squeak out short-term dollar profits.

Or would you be stacking your profits in bitcoin, presuming that you are even talking about bitcoin since you mentioned cryptocurrency which truly is not even the same thing as bitcoin, or did you mean to imply that you were talking about bitcoin, but you purposefully chose not to use the word bitcoin because you wanted to seem smarter, but it does not look good, since there should be needs to understand how bitcoin is different from shitcoins, at least in the sense that bitcoin is likely the ONLY one that really matters, and the various shitcoins are merely trying to copy bitcoin in one way or another.

Don't get me wrong, I do consider that there is actually some correlations of shitcoins and bitcoin in the sense that shitcoins are dependent on bitcoin's price performance and/or security to even be able to survive, and there is some inevitability in regards to the existence of shitcoins and the various ways that bitcoin might either be built upon or copied or even affinity scammed, and so there are almost no ways that some level of scams and snakeoil salesmen are not going to exist, yet at the same time, there should be needs for anyone claiming to know about bitcoin to attempt to understand bitcoin first in order to actually attempt to know the value in regards  to investing time, energy and potentially financial value into bitcoin as compared with other places that such time, energy and financial value could be invested..,  or likely more appropriately in the context of shitcoins, there would be involvement in regards to a trade rather than actually investing into any of that crap.. so if you are trading, or otherwise fucking around with various shitcoins (also known as gambling), it would likely be prudent to invest no more than 10% of the time, energey and/or value into shitcoins as compared to what you would be putting into bitcoin.

[edited out]

Well, I really think you missed my point mate, was pointing at a beginner who's mind is made up on trading, so to make sure he does the right thing first by accumulating Bitcoin first until his target is met before thinking of trading, I would introduce a mindset of accumulation as primary and trading as secondary. Just a calculated plan to get such a person to have his investment in Bitcoin first in order to secure his future. Most times while investing in Bitcoin consistently such person loses interest in trading and remain focused on his investment. This is just a mental hack to direct a new investor who previously had intention of trading that there's a better future in investment and it should be considered a priority.

If you deal with people so much, you'll know that a direct refusal sometimes triggers resistance in them, so identifying with their intentions to a limited extent makes them more comfortable and most times at the long run, they get comfortable with your Idea and forgo the wrong motive they had earlier.

I think that there are some folks who no matter what are not going to be able to control their desires to trade or gamble, and so if they cannot resist, then at least if they might be able to limit their trading to no more than 10% of the size of their bitcoin holdings at least they might be making progress in that direction, yet one of the problems with trading and/or gambling is that most of the time, they have no abilities to control themselves or to limit themselves, whether they are winning or losing the still want to end up putting more and more money into it.. so it can be quite difficult to overcome the gambling tendencies and to realize that trading/gambling is a losing game, especially as compared to how great bitcoin has been and is likely going to continue to be in the long term.. so the longer that anyone is comparing the performance of trader/gamblers versus investing into bitcoin the greater disparities and the more rare that any trader/gambler would have had been able to beat a bitcoin investor who had mostly been focusing on accumulating bitcoin through buying and otherwise holding (which means NOT selling BTC for the purpose of trying to buy back cheaper).

[Mayor of ogba]

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

Since there are so many shitcoins in the crypto market, the accuracy to spot the shitcoin that will do well is less, which makes it even more dangerous to trade shitcoins over bitcoin because shitcoins can easily reg pull and you will lose your money at a go. When you are trading bitcoin, you can only lose your money in bitcoin when you fail to hold it for a long time and sell it at a loss. If trading is good, trading bitcoin would have been better than shitcoins because when bitcoin dumps, it always gains back, and we have seen bitcoin do this countless times. Advising a newbie to trade shitcoins is not the right thing to do; it will only distract and delay that newbie from accumulating a good quantity of bitcoin on time, because that newbie will use part of his bitcoin accumulation money to trade shitcoins, thinking that he or she will make money from it and not knowing that he or she is just wasting his or her time and resource in shitcoins. It is always good for a newbie to only concentrate on accumulating bitcoin for the long term and also work on his income source if he or she has a shitty one.

[EarnOnVictor]

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading.

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.

If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

You are right about trading even though you didn't use the right words where applicable. Trading is not child's play and those who often complain about it are those who did not know it or didn't apply what they know rightly, and this also depends on what they know (before application) because many people calling themselves traders are merely carrying wrong trading mentality about. Anyone who wants to limit their losses in trading must know how to use their stop loss very well and use it to positively impact their risk management. They should also ensure that a good trading strategy is being used, otherwise, no matter how they try they will continue to fail and get frustrated.

[DubemIfedigbo001]

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

Since there are so many shitcoins in the crypto market, the accuracy to spot the shitcoin that will do well is less, which makes it even more dangerous to trade shitcoins over bitcoin because shitcoins can easily reg pull and you will lose your money at a go. When you are trading bitcoin, you can only lose your money in bitcoin when you fail to hold it for a long time and sell it at a loss. If trading is good, trading bitcoin would have been better than shitcoins because when bitcoin dumps, it always gains back, and we have seen bitcoin do this countless times. Advising a newbie to trade shitcoins is not the right thing to do; it will only distract and delay that newbie from accumulating a good quantity of bitcoin on time, because that newbie will use part of his bitcoin accumulation money to trade shitcoins, thinking that he or she will make money from it and not knowing that he or she is just wasting his or her time and resource in shitcoins. It is always good for a newbie to only concentrate on accumulating bitcoin for the long term and also work on his income source if he or she has a shitty one.

Let get things straight here, shitcoins are for traders, those putting their energy into it are nursing a traders mindset because most of their activities is only for a very short term, they invest expecting a pump in the coin, take out their investments and profits and most times never return.
Prioritizing shitcoins is synonymous to prioritizing trading over being a genuine investor. 

We may want to separate trading from investing. Because the duo is hardly simultaneously executed without the investment suffering a setback. Trading is d like gambling and I'm yet to see a dedicated gambler boasting of genuine savings at the same time. So it is for those gamblers integrated into the world of shitcoins. I'm yet to see any of them properly following their Bitcoin investment with commitment and efficiency. I have them among my friends and they make a mess of their investments regularly. That level of multitasking is hard to find and almost doesn't work, so it should be discouraged. Investors should be well focused on Bitcoin accumulation and ignore shitcoins involvements for efficiency and increased dedication to their investments.

[Barikui1]

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading.

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.

If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

You are right about trading even though you didn't use the right words where applicable. Trading is not child's play and those who often complain about it are those who did not know it or didn't apply what they know rightly, and this also depends on what they know (before application) because many people calling themselves traders are merely carrying wrong trading mentality about. Anyone who wants to limit their losses in trading must know how to use their stop loss very well and use it to positively impact their risk management. They should also ensure that a good trading strategy is being used, otherwise, no matter how they try they will continue to fail and get frustrated.

Well why it's very good to focus more on Bitcoin investment over trading is that it gives you stability like continuous progress, unlike trading that you might have a good day today and have a terrible day the next day, or you can even use just a day to lose all the gains you made in a month if risk management strategy is not utilize properly, so just as you rightfully said, trading is actually not a child's play, because in trading knowledge alone is not enough,  their are so many technicalities needed to be a profitable trader, and not being able to control your emotions like fear or greed is one thing that destroy all your technical abilities when trading, so emotional control is very much key when trading.

But as for Bitcoin investment, all of that isn't needed, it's just like a walk in the park in you achieving all your investment goals, as long as you are a long term holder and you have the required knowledge on what is needed to hold firmly, by having a reliable source of income and having an emergency fund to be able to withstand the rainy days, so in essence of what am trying to say is that it's pointless chasing minimal gains in trading if you knows nothing about it, when you can build a generational wealth overtime through the DCA accumulating strategy if you can hold for like 10years or more.

[NewRanger]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Actually, many people come to the market initially for investment and they change their pattern when they see a small profit, Yes. Initially it looks good to follow the rules as read from several sources but when the situation comes not as expected panic selling occurs. The percentage of dominant trading is losing a lot and it is right to say like betting especially when the decline in traded assets has fallen to 80% of its capital, only panic and anxiety are felt. Better, just invest even though the value is not too big by using DCA.

[sotelorene]

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.

Why is learning to trade the most important thing?, why go through so much learning and critical thinking just to know trading when you can even use those moment to invest on Bitcoin, however like you explain, it takes years of learning technical analysis of Bitcoin, so let's say the number of years that will take to really understand it is 4 years, so this means that you have not achieved any Bitcoin in this number of years, so perhaps you can imagine the number of Bitcoin you would have accumulated within that four years if you had chosen to invest onBitcoin instead because if for instance you are using $30 weekly to invest on Bitcoin you would realize that in that 5years you would accumulated Bitcoin worth up to $7,826.79 instead of learning something that would still make you to lose on the process.

You're right here. I wonder why he would choose to go all through this stress and torment of learning trading when he can easily start an investment in just a few weeks of understanding Bitcoin investment. Most times I just see that a lot of people do not like their peace of mind. After seeing the experience of someone close to me who has gone through hell in trading. To date, it has been difficult for him to recover from the loss. Investing is better off than trading. It reduces the risk of losing our assets so quickly. The only time we may experience loss in investing in Bitcoin is when we sell at the wrong time or when the value of our asset has dropped. Even if the prices reduce a little it still returns back after some time and that is how the market was designed for.

when you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you, investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment

I think you are absolutely right to an extent because I have seen people who prefer trading to investment reason because the profit they are making is really reasonable and good, not that they don't make loss but because the profit they make is more compare to the loss and again some people don't have the patient to accumulate and hold for a long period of time.

Actually trading is not a crime or bad per say but because the possibility and chance of making profit is very little I mean it's not certain that's why it look as if we don't encourage it. Moreover, trading is very complex one can't understand everything and even the so called knowledge and understanding one will have can't make one not to incur loss rather it will only reduce one's level of loss. We prefer accumulating and holding because it's more safer in the sense that whether down or uptrend it doesn't matter since we are holding for long term.

[Dr.Osh]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it is a basic thing in trading. whenever there is someone who buys, there will be someone who sells. in this situation do we buy or sell? it all depends on how we see the situation. personally, if i have a portfolio that i think will grow in the future, then i will buy it again when the price drops. that is because i believe that the price of the coin will increase in the future. however, if the coin you have does not have a good future, or does not experience significant development, then selling it is a good thing to reduce greater losses

[ndutndut]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it is a basic thing in trading. whenever there is someone who buys, there will be someone who sells. in this situation do we buy or sell? it all depends on how we see the situation. personally, if i have a portfolio that i think will grow in the future, then i will buy it again when the price drops. that is because i believe that the price of the coin will increase in the future.

Almost everyone has experienced the same thing, when selling the price goes up when buying the price goes down, therefore it is important in btc trading we must have a good understanding and have good emotional control so that when the price goes down we don't panic.

If someone already understands btc very well and knows its history from the beginning until now they will definitely do a dca strategy for the long term and no matter the price goes up or down even when the price goes down they take the opportunity to buy because they are confident in the future of btc.

however, if the coin you have does not have a good future, or does not experience significant development, then selling it is a good thing to reduce greater losses

Btc has a good future and will even be a very valuable asset in the future. But if you mean altcoin then yes it is better to avoid altcoins that do not have clear fundamentals for the future. But my advice, you should prioritize bitcoin assets in your portfolio.

[Ruttoshi]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it is a basic thing in trading. whenever there is someone who buys, there will be someone who sells. in this situation do we buy or sell? it all depends on how we see the situation.personally, if i have a portfolio that i think will grow in the future, then i will buy it again when the price drops. that is because i believe that the price of the coin will increase in the future. however, if the coin you have does not have a good future, or does not experience significant development, then selling it is a good thing to reduce greater losses

Our main discussion is on bitcoin and not shitcoin and history has shown it that the price of bitcoin is always increasing overtime even though it is not a guarantee but there is a high odds that bitcoin price will move uptrend than moving downtrend because it still have a lot of value to gain. This is why you don't need to think about if the price will grow in future or not but just keep on buying and no need of stoping to observe the price.

New investor should know that bitcoin is going to be seen as a safe haven in future and it is a good store of value and an investment which if you take your time to build and grow through DCA and lump sum overtime, you will benefit from the profit that it will generate for you in the future.

Only bitcoin can give you rest of mind when investing in it as long as you are not a short term investor or a trader but altcoins will bring fear, restlessness, panic and at the last losses when you buy them because they can easily be manipulated and will not survive in future because shitcoins are like gambling.

[Dailyscript]

When you understand trading very well you will prefer trading more than any other thing the reason why some persons condemn trading it is because they have not digest the rules and regulation of threading or acquire the knowledge of trading very well for they involved in the trading, everything you are doing have a risk but when you know it well the risk will be reduced for you, investment can take off whatever you have, because you may think that it is nice step for you to follow instead of trading but you might end losing everything so it is better for you to understand it very well before you involve yourself in any of them both trading and investment

The rules and regulations in trading do not guarantee success. I can vividly remember the time I started learning about trading. The rules are learning to read charts, risk management, patience, waiting, and not taking a trade when you're occupied with something. It's easy to say but hard to implement, and it will take time for one to be practically successful in trading.

One difficult thing in trading is that one has to wait until he has fully digested the knowledge, and the demo trial can be very deceitful. When trading with a demo account, almost all the trade goes as planned but when you deposit and start trading with real money. It becomes a whole different thing entirely.

[JayJuanGee]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it is a basic thing in trading. whenever there is someone who buys, there will be someone who sells. in this situation do we buy or sell? it all depends on how we see the situation.personally, if i have a portfolio that i think will grow in the future, then i will buy it again when the price drops. that is because i believe that the price of the coin will increase in the future. however, if the coin you have does not have a good future, or does not experience significant development, then selling it is a good thing to reduce greater losses

Our main discussion is on bitcoin and not shitcoin and history has shown it that the price of bitcoin is always increasing overtime even though it is not a guarantee but there is a high odds that bitcoin price will move uptrend than moving downtrend because it still have a lot of value to gain. This is why you don't need to think about if the price will grow in future or not but just keep on buying and no need of stoping to observe the price.

New investor should know that bitcoin is going to be seen as a safe haven in future and it is a good store of value and an investment which if you take your time to build and grow through DCA and lump sum overtime, you will benefit from the profit that it will generate for you in the future.

Only bitcoin can give you rest of mind when investing in it as long as you are not a short term investor or a trader but altcoins will bring fear, restlessness, panic and at the last losses when you buy them because they can easily be manipulated and will not survive in future because shitcoins are like gambling.

Another thing is that if any of us are new to bitcoin and we keep buying for 4 years or longer, there are decent chances that the BTC price is going to end up going higher than our average price per BTC, and surely whether it is higher or lower may not really need to e considered as that much of an important thing because largely there are good odds that the investment in the BTC is mostly holding value.

And, sure the investment in the BTC is not guaranteed to hold value, yet if we are longer term investors of 4-10 years or longer, there are still decently good odds that our situation and our options will be increased the longer that we are in bitcoin, even if there might be a lot of ups and downs within the period of time that we are ongoingly accumulating BTC by focusing on various buying techniques and not selling our BTC during our accumulation process (unless we might be doing some spend and replace in order to support aspect of the bitcoin payment eco-system.

[Cityhunter34]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

it is a basic thing in trading. whenever there is someone who buys, there will be someone who sells. in this situation do we buy or sell? it all depends on how we see the situation.personally, if i have a portfolio that i think will grow in the future, then i will buy it again when the price drops. that is because i believe that the price of the coin will increase in the future. however, if the coin you have does not have a good future, or does not experience significant development, then selling it is a good thing to reduce greater losses

Our main discussion is on bitcoin and not shitcoin and history has shown it that the price of bitcoin is always increasing overtime even though it is not a guarantee but there is a high odds that bitcoin price will move uptrend than moving downtrend because it still have a lot of value to gain. This is why you don't need to think about if the price will grow in future or not but just keep on buying and no need of stoping to observe the price.

New investor should know that bitcoin is going to be seen as a safe haven in future and it is a good store of value and an investment which if you take your time to build and grow through DCA and lump sum overtime, you will benefit from the profit that it will generate for you in the future.

Only bitcoin can give you rest of mind when investing in it as long as you are not a short term investor or a trader but altcoins will bring fear, restlessness, panic and at the last losses when you buy them because they can easily be manipulated and will not survive in future because shitcoins are like gambling.

You are absolutely right because our main goal on this thread is to discuss on how to buy Bitcoin and hold for a long term investment. sometimes I don't really know while most of us always like to talk about shitcoin In this thread instead of talking about Bitcoin, and which misleading most newbie to invest in shitcoin instead of investing Bitcoin while because they normally feel that they are the same. Though I could remember what shitcoin did to one my friend few years ago this my friend Lost a huge amount of money just in the name of shitcoin so ever since then I didn't like to hear anything about shitcoin because they are not wordy to be trust. but ever since I told him to accumulate Bitcoin with DCA strategy he was very happy about it because their is know way one can compare Bitcoin with shitcoin.

[Cryptoprincess101]

[edited out]

Well, I really think you missed my point mate, was pointing at a beginner who's mind is made up on trading, so to make sure he does the right thing first by accumulating Bitcoin first until his target is met before thinking of trading, I would introduce a mindset of accumulation as primary and trading as secondary. Just a calculated plan to get such a person to have his investment in Bitcoin first in order to secure his future. Most times while investing in Bitcoin consistently such person loses interest in trading and remain focused on his investment. This is just a mental hack to direct a new investor who previously had intention of trading that there's a better future in investment and it should be considered a priority.

If you deal with people so much, you'll know that a direct refusal sometimes triggers resistance in them, so identifying with their intentions to a limited extent makes them more comfortable and most times at the long run, they get comfortable with your Idea and forgo the wrong motive they had earlier.

I think that there are some folks who no matter what are not going to be able to control their desires to trade or gamble, and so if they cannot resist, then at least if they might be able to limit their trading to no more than 10% of the size of their bitcoin holdings at least they might be making progress in that direction, yet one of the problems with trading and/or gambling is that most of the time, they have no abilities to control themselves or to limit themselves, whether they are winning or losing the still want to end up putting more and more money into it.. so it can be quite difficult to overcome the gambling tendencies and to realize that trading/gambling is a losing game, especially as compared to how great bitcoin has been and is likely going to continue to be in the long term.. so the longer that anyone is comparing the performance of trader/gamblers versus investing into bitcoin the greater disparities and the more rare that any trader/gambler would have had been able to beat a bitcoin investor who had mostly been focusing on accumulating bitcoin through buying and otherwise holding (which means NOT selling BTC for the purpose of trying to buy back cheaper).

People who trade mostly find themselves unable to control their trading mentality and habits either because they want to recover losses they recorded in previous trades or they are not satisfied with the profits they made and want to trade more if they can be lucky and make more profits and this is one of the reasons why they are difficult to change their mindset even when they are losing. Trading is associated with some kind of addiction which a trader may not realize on time till they have run into deep losses.
       There is no comparison between a trader and an investor because the difference is very clear in the sense that the investor is always in control of their investment in Bitcoin since it will remain in their custody for a long time but for a trader, at some point they will gain and the next time they are already losing and that is how it also affects their emotions.

[Samlucky O]

Trading and investing are two completely different things but at the beginning we lump them together. And there are many people whose activities show that they are trading but they claim to be investors. How I put it, the person buys bitcoins and keeps the bitcoins for a few days when he sees that the market is positive and makes some profit then he sells his bitcoins and waits again for the market to come back. We must consider this as trading. Investing is not like that, investing is buying a coin in a long term plan and holding it for a long period of time. That is, if an investor buys Bitcoin, he cannot plan to sell the investment for a long time and must try to maintain the continuity of the investment according to his ability. If we are successful in doing this, we will be considered as an investor. But the road to long term investment is not so easy, it is much more challenging and we must accept this challenge and ensure to sustain it for a long time to achieve success.

It is not possible for one person to be a trader and investor at the same time. If any trader claims to be an investor, I would call him a hypocrite. Because a trader is very likely to be tempted. He may not have the control to hold the investment while trading.

Being a bitcoin investor doesn't mean a person can not trade as well, It's a matter of choice. But I see such choice as not a good choice expecially at the beginning of a persons journey of HODLing. It is better people concentrate on bitcoin investment and see what they get out of it in the lung run, before they can think od gambling %10 of the HODLing by trading. No doubt most folks do trading+investment simultaneously, by investing once at a go (lump sum), or DCA. and continue trading on a daily basis which doesn't stop them from investing.  of course that is not what we are discussing here, but just to bring to your notice that it is possible but not encourageable.

[reefsea]

You are absolutely right because our main goal on this thread is to discuss on how to buy Bitcoin and hold for a long term investment. sometimes I don't really know while most of us always like to talk about shitcoin In this thread instead of talking about Bitcoin, and which misleading most newbie to invest in shitcoin instead of investing Bitcoin while because they normally feel that they are the same. Though I could remember what shitcoin did to one my friend few years ago this my friend Lost a huge amount of money just in the name of shitcoin so ever since then I didn't like to hear anything about shitcoin because they are not wordy to be trust. but ever since I told him to accumulate Bitcoin with DCA strategy he was very happy about it because their is know way one can compare Bitcoin with shitcoin.

As stated by op, buy or sell, so there is nothing wrong if someone provides clarification that contradicts your idea.
This is where the interesting discussion begins and take the choice you determine in your investment.
If you are still not satisfied with your bitcoin ownership, of course you will continue to buy and hold it.
So back to the market situation because there are always those who sell even though the price has dropped 10%.
Those who sell because they are not ready with their mentality that is afraid of the price falling further.
There are so many who do wrong but we don't have to follow them and also don't need to advise them because they invest with their own money. Their mistakes are valuable experiences for us by continuing to buy bitcoin and not making mistakes in the investments made.

[Moreno233]

Do you think that understanding the rules and regulations of trading will make you to win your trading all the time?, actually the complexity in trading is beyond just understanding any rules, so if you are having the believe that immediately you understand the rules and regulation of trading you have become an experience trader you are obviously mistaken because you will be gambling with the money you are supposed to be using to invest on Bitcoin for a long term purposes.
If you are so certain about being good in trading with just knowing the rules and regulation would you mind telling us how much profit you have made from your trading through the rules you have understood?.

It's obvious that when you learn your trading very well your loss will be different from someone who doesn't know of trading that's what I mean, people with little understanding of trading are the one that always complained of loss, neither you involve yourself in a day trading or long-term trading, do you people want to tell me that trading doesn't have a scope that you follow and trade out profit, when you make research of trading and couple with your past experience I don't think that you will lose as such other people may think that trading doesn't give profit, in summary learn your trading very well.

I don't think there is anyone that will say that trading is completely bad because it isn't and there are people making a decent living from trading. What seems to make trading bad is the attitude of people towards trading. If you have tried trading before, you will agree with me that there is this hype and tendency to think that making money could be easy and fast from trading. This is usually the source of problem for people and the reason you see many people fail in trading. When people are so hyped and focused on the money, they tend to ignore the need to control the risk, therefore they go all in and often harm their finances so badly.

In addition, considering the high knowledge and psychological balance demand of trading, not many people are willing to submit to the learning and practicing process required to make one a successful trader. Instead, people try to follow shortcut and end up in problems. Apart from this, anyone who commit to the learning and practice involve can actually make a living from trading. On the contrary, investing and holding seems to be a less noisy and easier approach that does not require so much technical expertise.