Buy Buy Buy or Sell Sell Sell?

[Joy- maker]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy, to me I don't Think if you can apply the pproper DCA strategy, because you be distracted with trading, there is a probability that you might be in total confusion where you we contemplating the account to fund and not to fund and end up not accumulating enough bitcoin for future holding.

[Joy- maker]

It is true that Bitcoin trading is very risky however you saying trading is the short way to go into  poverty is what I don't accept if you are talking don't generalize it, it may not work for you but is working for another person I have friends who are into Bitcoin trading and they are making money from it they lose sometimes according to them they say winning more than one loses shows you are making money from it, there are also people who trade just for fun some of this people are accumulating and holding Bitcoin for long term but they usually use 1to 4 percent from there discretionary income to trade and that those not lead them to poverty they are only doing it for fun so saying trading is the short way to go into  poverty is very wrong, in as much as we are advising people especially newbies to avoid trading because of the high risk in it let's not pass a wrong information about Bitcoin trading, everyone has the right to make there own choice even after advising someone about the danger in investing in shitcoins people still go for it, so is always better will give our advise in the right way don't try to convince someone just give out your advice and let them decide.

As you mentioned that everyone has the right to choose themselves I agree with it. But if anyone makes a mistake in front of us after experience, it may be our duty or responsibility to teach him. So for those who decide to trade at the beginning, my only advice is to refrain from it. It should also say why you are not accepting simple things or trying to understand simple things. Start investing in Bitcoin by arranging your finances and taking things easy.

In fact, it is easy for everyone to invest in Bitcoin from the new situation, maybe it's not new because it is constantly being discussed. See Bitcoin investing a little knowledge and little money is needed and on the other hand, trading requires a lot of knowledge and experience as well as a lot of money. So those who are leaning towards trading instead of investment do not realize that they are misleading themselves.

The point here is that preventive education is the best because one effect of trading is that when someone gets too exposed to the risk involved, he looses interest in not just trading but also in investing in bitcoin. I understand the power of choice and freedom of self determination but you won't leave someone perish because he chooses to.

Imagine coming home one day and seeing your a family member trying to commit suicide, will you allow him make the choice of life and death or insist on stopping him??

Most times there are choices that it's dangers are above it's gains. If newbies are allowed to make their choices, more than 70 percent would choose trading. And just like the prodigal son, when he looses every asset he would quit bitcoin investment completely. That you gambled today and won doesn't make gambling the best approach. Investing in a long term bitcoin accumulation should be taught on billboards and tech schools.

Many people gave mace errors due to that same power of choice and lately I get tired to correcting anyone cause they make you look foolish for doing that, it's their choice anyway, they can do whatever they wish so far it doesn't affect me in anyway, the least I can do is try put them to other when they're making the wrong choices but I won't force it cause it's their decision to be made. Anyways the easiest way to make money through Cryptocurrency is buying and holding Bitcoin just thar it's requires one to be very patient and I consider that as perfect since patience is a virtue. Anyways it's never a wise decision for people to start their Crypto journey with trading, it might have a very huge short-term profit if lucky but the risk is very huge as well that's why the best option for me still remains Bitcoin Investment and not trading.

when it come to choice making in bitcoin investment everybody should be conscious and making choices wisely, for the choice you make today determines your bitcoin investment future tomorrow, buying bitcoins and holding them for a long period of time using the DCA strategy is less risky and more profitable than trading out your bitcoins in a short period of time which is more riskier, in as much as trading gives quick money, profit making is not guaranteed it can also bring you down to zero,  buying and holding of bitcoin doesn't give quick money but your profit is guaranteed because the price of bitcoin most surely go up one day  in other for you to sell your bitcoin and make massive profit.
As for me I we keep buying and holding bitcoin till the market hit my target and I we also advise everyone to do the same rather than trading out there bitcoins for quick money.

When you trade you are gambling and gambling you put you in so much high blood pressure the risk involved too is too much because gambler thinking is just to get profit very quick rather than investing keeping their bitcoin for so much years by then you have been able to buy plenty bitcoin and might still have more profits then the person trading because the price you buy today might not the price it will be in 4 to 5 years coming.
Choose bitcoin investment instead of trading.

I guess this thread is not about trading and we shouldn't be having this conversation but I want to make something very clear to you which is, ordinary trading can not make someone to have high blood pressure rather it is a trader that will make him or herself have high blood pressure what I mean by this is that if you are  trading with what you can afford to let go that is a left over fund there is no way you will have high blood pressure even if you incur loss but a case whereby a trader uses a money he or she is suppose to use to settle something or clear some expenses for trading because of greed, it is very clear that the person is inviting high blood pressure so whether Bitcoin or trading it is advisable to use what one can afford to let go.

trading your bitcoin is not really advisable, because trading is as the same as gambling, if you are trading out your bitcoin that's means you are gambling and as a gambuler there is no how you can gamble with what you can afford to loos, because greed we not allow you, the more you see yourself making profit while trading the more you add up more funds which can may like land you in lost or in profit.

[adultcrypto]

Since you have been registered on the forum since 2016, you should be able to recognize and appreciate that the value of HODL comes from  much longer periods than just a year or two (or 8 months in the case you mentioned).  A lot of the value of bitcoin comes from compounding, and sure, even though compounding is not guaranteed, there is no reason to suggest that bitcoin's investment thesis is getting any weaker with the passage of time, and in fact bitcoin's investment thesis may well be  continuing to get stronger with the passage of time, like the application of the Lindy effect.

My attention have been drawn to this new perspective you have given and the new words you introduced today including the phrase "the Lindy effect". I'm particularly curious to know the meaning because it sound so strange to me and for the sake of knowledge and possibly integration into my bitcoin accumulation programs to make it efficient if it is something that will help me in that regards. At the moment, I'm using the DCA method and I sometimes buy when price dips and I have excess inflow but even with that, the DCA method is kept running. Let me wait for your reply. Thank you.

The overall idea of Lindy effect has to do with projecting that the longer that something like a technology or a networking idea, then the longer that we can expect that it to continue to survive.  It does not guarantee that it will continue to grow, even though it seems to apply to a protocol like bitcoin.  You can look it up on google or you can look it up on wikipedia. 

Of course, in bitcoin's case, it was announced on October 31, 2008, yet it went live January 3, 2009, and so in that regard, for more than 16 years, bitcoin has been running and growing in its network effects (7 network effects of bitcoin outlined by Trace Mayer in 2015).

Thanks for that response, now I have learnt something new from you and I so much appreciate your patience in answering my question. The concept is actually true because I can remember several places it has found application and that cut across various disciplines. Now I have good knowledge of it and this has also strengthened my trust and confidence in bitcoin, an innovation that have been around for 16 years and still gets better everyday. I will there continue accumulating enthusiastically and holding since bitcoin have proven to get better with time.

[Tonimez]

Since you have been registered on the forum since 2016, you should be able to recognize and appreciate that the value of HODL comes from  much longer periods than just a year or two (or 8 months in the case you mentioned).  A lot of the value of bitcoin comes from compounding, and sure, even though compounding is not guaranteed, there is no reason to suggest that bitcoin's investment thesis is getting any weaker with the passage of time, and in fact bitcoin's investment thesis may well be  continuing to get stronger with the passage of time, like the application of the Lindy effect.

My attention have been drawn to this new perspective you have given and the new words you introduced today including the phrase "the Lindy effect". I'm particularly curious to know the meaning because it sound so strange to me and for the sake of knowledge and possibly integration into my bitcoin accumulation programs to make it efficient if it is something that will help me in that regards. At the moment, I'm using the DCA method and I sometimes buy when price dips and I have excess inflow but even with that, the DCA method is kept running. Let me wait for your reply. Thank you.

The overall idea of Lindy effect has to do with projecting that the longer that something like a technology or a networking idea, then the longer that we can expect that it to continue to survive.  It does not guarantee that it will continue to grow, even though it seems to apply to a protocol like bitcoin.  You can look it up on google or you can look it up on wikipedia. 

Of course, in bitcoin's case, it was announced on October 31, 2008, yet it went live January 3, 2009, and so in that regard, for more than 16 years, bitcoin has been running and growing in its network effects (7 network effects of bitcoin outlined by Trace Mayer in 2015).

Thanks for that response, now I have learnt something new from you and I so much appreciate your patience in answering my question. The concept is actually true because I can remember several places it has found application and that cut across various disciplines. Now I have good knowledge of it and this has also strengthened my trust and confidence in bitcoin, an innovation that have been around for 16 years and still gets better everyday. I will there continue accumulating enthusiastically and holding since bitcoin have proven to get better with time.

In addition to this, scarcity is a big factor and a key determinant factor in bitcoin strength and longevity. Bitcoin is a limited crypto currency fixed at a total of 21 million coins. This factor alone is a huge plus that keeps the hope alive in bitcoin investment. The fear of excessive inflow is no longer there. "Bitcoin is not issued by a central bank or backed by a government; therefore, the monetary policy tools, inflation rates, and economic growth measurements that typically influence the value of a currency have not yet been observed applying to bitcoin."

Accumulating a bitcoin reserve is a livelong investment with little or no risk of loosing your assets.

Bitcoin’s price is primarily affected by its supply, the market’s demand, availability, competing cryptocurrencies, and investor sentiment.  Due to the  finite nature of bitcoins,  the final coins are projected to be mined in 2140."

This gives a level of assurance on the security of every fund put into bitcoin investment. Have you thought about what could happen after 2140?? That's when monopoly sets in and the holders by then could decide the market price at will with no external influence of any kind. Stack up bitcoin for generations unborn, they are the real market controllers.

[tiCeR]

...

A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading.  It likely would be best to have a separate income so that you are building up your trading capital and you are building up your investment capital. 

Sure, if you are able to build up your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from it, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent way.

The most consistent traders in the history were those who were able to hide their ponzi schemes longer than others (Bernie Madoff) or those who call themselves traders while in reality they got lucky with one huge leverage bet that otherwise would have them probably committed suicide. I know people who actually tried to convince how reliable trading could be if you only put in the effort and time. But then I remember there were various scenarios where they got all their trades wrong (like go to zero) because political outcomes like the BREXIT or elections in some countries were unpredictable.

Now I see the first people coming at my post saying that they would only trade cautiously and avoid big and unpredictable events as good as possible. But then I wonder if not for leverage or high volatility, how does it all fit together, making reliable and consistent income from a non-volatile market without events of significant impact and small "bets"?

It's usually the huge gamble they took, get it right like a coin toss (or worse than that in terms of chances) and then call themselves traders. What I know is that I think everyone who ever told me they are considering quitting their jobs because trading is so amazing with five screens and reading the news and being at home, do not trade anymore and still have their jobs. This is anecdotal evidence for me.

I also believe that too many people interpret these huge billionaires in the wrong way who post on Twitter that they made this or that genius short. Yes, sometimes that happens, but it doesn't matter for them. When Gates loses $3 billion from shorting Tesla, he doesn't even have bad sleep. If he gets it right, people think he is a mastermind and then they want to emulate people like him.

These apps that allow you to trade with one fingertip at any time anywhere are poison in my opinion. That's not how young people should get to learn about markets. To them it's like playing Tetris for my generation, but without money involved obviously.

[Proty]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy, to me I don't Think if you can apply the pproper DCA strategy, because you be distracted with trading, there is a probability that you might be in total confusion where you we contemplating the account to fund and not to fund and end up not accumulating enough bitcoin for future holding.

Yes what you are saying is true combining investing and trading sounds some how to me because you will not be focus more especially when you are not making profits from your trading you will be push to dip hands into your investments so I think it will be best we focus mainly on investing and hold until the desire timeline.In other to avoid distraction we should focus more of our attention on investing instead of trading.

[JayJuanGee]

[edited out]

The most consistent traders in the history were those who were able to hide their ponzi schemes longer than others (Bernie Madoff) or those who call themselves traders while in reality they got lucky with one huge leverage bet that otherwise would have them probably committed suicide. I know people who actually tried to convince how reliable trading could be if you only put in the effort and time. But then I remember there were various scenarios where they got all their trades wrong (like go to zero) because political outcomes like the BREXIT or elections in some countries were unpredictable.

Now I see the first people coming at my post saying that they would only trade cautiously and avoid big and unpredictable events as good as possible. But then I wonder if not for leverage or high volatility, how does it all fit together, making reliable and consistent income from a non-volatile market without events of significant impact and small "bets"?
It's usually the huge gamble they took, get it right like a coin toss (or worse than that in terms of chances) and then call themselves traders. What I know is that I think everyone who ever told me they are considering quitting their jobs because trading is so amazing with five screens and reading the news and being at home, do not trade anymore and still have their jobs. This is anecdotal evidence for me.

I also believe that too many people interpret these huge billionaires in the wrong way who post on Twitter that they made this or that genius short. Yes, sometimes that happens, but it doesn't matter for them. When Gates loses $3 billion from shorting Tesla, he doesn't even have bad sleep. If he gets it right, people think he is a mastermind and then they want to emulate people like him.

These apps that allow you to trade with one fingertip at any time anywhere are poison in my opinion. That's not how young people should get to learn about markets. To them it's like playing Tetris for my generation, but without money involved obviously.

Note: I edited my earlier post a little bit.

For the most part, the traders who want to jump into quitting their jobs tend to be unrealistic in terms of how much income that they would have to make up within all of those hours that they would end up freeing up by not having a job and trading during that time. In their little fantasy, they may well consider that the could perhaps from from 8 hours of work in their regular job to 4 hours of work in their trading job.. .. .and then yeah going through a kind of fantasy regarding how much their being able to focus on trading would end up resulting in them being able to profit more from their having a regular job so then their quitting of their regular job (in their fantasy thinking) ends up replacing their previous job income with trading profits.

Maybe they consummate these kinds of fantasies mostly while the various markets are all going up in price (so during bull periods, when everyone is making money, on paper), but then translating that money on paper to an income that would support them through both UP and down periods in the market is surely another matter.

I am no kind of party poop, since there are likely some guys who are able to trade profitably and also to build up their trading portfolio and their investment portfolio to be able to make money in consistent ways, and whether they had built up their trading and/or investment capital from their previous job(s) or if they had done such building of their capital through trading may well vary in terms of resources available and perhaps if they might have had some lucky trades that allowed them to generate a decent amount of working capital, yet many guys are likely coming to their fantasy about generating trading income without necessarily having decent amounts of trading capital, and they might not even have realistic ideas about their need to build their trading capital as they are supposedly living off of such capital, to the extent that they are not maintaining some kind of job through which they are able to receive regular income to at least support their living expenses.

There could well be sustainable income plans, in which a person already knows that he can live off of relatively small amounts of money.. Let's say the guy already knows that he can live fairly comfortably off of $800 per month, so then he could have a source of income that he has invested into bitcoin that he is using as his source income that can pay himself that $800 per month while he is engaging in his job of trading, as he is trading and building his trading capital.. and having his expenses covered by his separate source income that ends up being $800 per month.   

If that separate source income was in bitcoin, then perhaps, it would be right around 2.3 bitcoin, so with that source income he pays $800 per month for his expenses, and $200 per month into his trading account.^**  The remainder of his trading account might be money that he had already generated.  So maybe his trading account would be starting out at somewhere like $40k or something like that, and he is working on building his trading account to be larger and larger, with the passage of time that goes beyond his adding $200 per month into it from his source income.  So that could be one way to not have any other job nor any need for any job because there is a steady source income of $1k per month with $800 for living expenses and $200 to go into his trading account, and if his trading goes well, then perhaps he can build up his trading account with the passage of time so that his trading account becomes larger than his bitcoin source income account.


** Note: I am suggesting an ability to generate $1k per month from a 2.3 bitcoin account based on the 200-WMA value being greater than $100k, so that would allow to sustainably withdraw $1k from that account, and as long as the BTC spot price stays more than 10% higher than the 200-WMA, the BTC account will likely be growing in value faster than it is being withdrawn from the account, which would allow for withdrawing at higher rates in the future to account for debasement of the dollar and likely increases in the cost of living.

I would suggest that if a person is spending time growing his trading account, and not living off of his trading account, then if he really is successful with his trading account, and if his trading account might be increasing in value faster  than his bitcoin account, then there may be some times in which he might choose to withdraw from his trading account to put into his bitcoin investment or even that he could discontinue receiving income into his trading account from his bitcoin source income.

[Tamaperdana]

A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading.  It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income.  

Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way.  Many traders work pretty hard to build up the capital in  their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities).

Edited to clarify

You are right, many traders fantasize excessively about living off their trading results. Although this is not impossible to realize. But I also believe this is very difficult to do. Because trading is not as easy as we imagine. Maybe many traders misunderstand this ideology (buying when the price goes down and selling when the price goes up). If you don't think about it, it sounds easy. However, in reality this is very difficult to do perfectly. Therefore, to be able to realize consistent profits from trading, in my opinion, will be very difficult. Because apart from that, traders are also sometimes manipulated by whales who have a lot of capital. So for these reasons, I don't think becoming a trader is the right choice. Because being a trader really takes up a lot of our time and also has the potential to waste a lot of our money. So it's better to just invest in bitcoin if you have cold capital. Because investing in bitcoin will definitely feel lighter on our minds.

[DubemIfedigbo001]

A lot of traders are dumb to believe that they are able to consistently make money on trading in order to be able to live off of their trading.  It likely would be best to have a separate income so that you are building up your trading capital and experience, and sure if you have two accounts, then you can also build up your investment capital with your other speparate income.  

Sure, if you are able to build up your experience and your trading capital to a certain amount, then maybe at some point you will be able to withdraw some profits from from your trading account, but it seems quite unrealistic to presume any kind of an ability to live off of your profits from your trades, especially in any kind of consistent or meaningful way.  Many traders work pretty hard to build up the capital in  their trading account(s), yet sure, I am not going to deny that traders may well have unrealistic and dumb fantasy ideas like you mentioned - a belief that they can actually draw income from their trading account (and trading activities).

Edited to clarify

You are right, many traders fantasize excessively about living off their trading results. Although this is not impossible to realize. But I also believe this is very difficult to do. Because trading is not as easy as we imagine. Maybe many traders misunderstand this ideology (buying when the price goes down and selling when the price goes up). If you don't think about it, it sounds easy. However, in reality this is very difficult to do perfectly. Therefore, to be able to realize consistent profits from trading, in my opinion, will be very difficult. Because apart from that, traders are also sometimes manipulated by whales who have a lot of capital. So for these reasons, I don't think becoming a trader is the right choice. Because being a trader really takes up a lot of our time and also has the potential to waste a lot of our money. So it's better to just invest in bitcoin if you have cold capital. Because investing in bitcoin will definitely feel lighter on our minds.

Trading mentality is always associated with short-term activities. I've never seen a trader who withdraw his proceeds from trading and investors back into Bitcoin, they only withdraw profits to spend them because it's the dividends from their trading occupations.  Most Traders are not holding, so I cannot believe myself that they can stop trading to live off their profits, at least none of those within my friends circle can. When I spend money from my job proceeds, they spend from their trading proceeds, leaving only their capital behind, which seldomly grows, if at all.

So I find it difficult to believe that while I anticipate that one day, at the end of my holding period, that I may have no need to continue working, but live off my investment, that they too can anticipate as well to live off their small trading portfolios, or the profits they don't hold, but spent immediately it came.

[Just Say]

You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,

The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest.
Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone.

8. Everyone gets Bitcoin at the price they deserve.

15. Bitcoin is for everyone.

https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19

If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime.

Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it.

[obuoma]

]

If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime.

Actually find no difference between trading and gambling.

                                                       
Basically trading have both feature of being a gambling and not being a gambling depending on the approach. If your approach to trading is to get rich quick it become a gambling to you no matter your trading skills. But if your approach is to get it little by little with sustainability mindset it will become a business and investment to you. I have seen people that trading have transformed there life with this approach of taking it little by little.  Although is more of short term investment. But if you are looking for long term investment bitcoin accumulation is the way.                                                        

[MainIbem]

You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,

The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest.
Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone.

8. Everyone gets Bitcoin at the price they deserve.

15. Bitcoin is for everyone.

https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19

If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime.

Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it.

Bitcoin is for everyone, it's not for a particular class of people just that some people got more Bitcoins than others that's why we got Whales and Shrimps, anyways investment is a choice you don't force people to invest, if they know the right thing, whether rich or poor, they'll do it, investing on Bitcoin, no matter the class one finds themselves in is the best thing anyone can do against a better or more better future so I wonder why anyone would be shying away from it. Anyways Bitcoin is for everyone but the least thing I'll do is to force anyone to invest on it, investing on Bitcoin should be done by choice and determination to keep holding for a long-term. It is by far better than trading or gambling, you don't need to speculate on the market or hope on luck for profits, just buying and holding and then implementing a good strategy like DCA for long-term is enough but some people's are just so indisciplined and lack patience that's why they think investing on Bitcoin is difficult.

[asarfiar]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy, to me I don't Think if you can apply the pproper DCA strategy, because you be distracted with trading, there is a probability that you might be in total confusion where you we contemplating the account to fund and not to fund and end up not accumulating enough bitcoin for future holding.

Yes, Bitcoin can be investing using the DCA technique in addition to trade The DCA method can be purchased by a certain amount of money every day, every week and every month with a certain amount of money. Which controls the market fluctuations and reduces the price and helps to measure the averageThere is  This method works a lot for long -term investment and you can reduce the risk You can trade it will create a DCA technique. If you are trading and want to get a quick conclusion depending on the market fluctuations and want to gain, In the case, DCA will not create any obstacles Instead, you can use the two methods at the same time and profit from trading You can improve Bitcoin using the DCA technique and enjoy a good result.

[Sim_card]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy, to me I don't Think if you can apply the pproper DCA strategy, because you be distracted with trading, there is a probability that you might be in total confusion where you we contemplating the account to fund and not to fund and end up not accumulating enough bitcoin for future holding.

Yes, Bitcoin can be investing using the DCA technique in addition to trade The DCA method can be purchased by a certain amount of money every day, every week and every month with a certain amount of money. Which controls the market fluctuations and reduces the price and helps to measure the averageThere is  This method works a lot for long -term investment and you can reduce the risk You can trade it will create a DCA technique. If you are trading and want to get a quick conclusion depending on the market fluctuations and want to gain, In the case, DCA will not create any obstacles Instead, you can use the two methods at the same time and profit from trading You can improve Bitcoin using the DCA technique and enjoy a good result.

Trading shouldn't be considered as one of bitcoin accumulation strategies because when you are accumulating, you are only buying and not selling. Why will a new investor choose to trade believing he can make profits from it and increase his bitcoin portfolio, when trading is very complex to understand within few months and very risky. I think, it's a wrong orientation to think of as someone who is targeting a good size of portfolio in future, because you will run at loss and might get discouraged to continue your bitcoin investment.

A new investor should use DCA method to start his bitcoin investment right away because it does not need much only part of your discretionary for as low as $10 will pile up to something great beyond your imagination, if only you can invest regularly every week or month persistent and continuously for 4-10 years and above. When you don't sell, you are reducing the risk of running at loss, because bitcoin price increases overtime. But when you sell, you are increasing the risk of running at loss, because you might not be able to buy back at the initial amount that you bought the bitcoin sold.

When DCAing weekly is good and not daily because it will become stressful with very little  or no difference in price.

[Joy- maker]

I still stand on the existing protocol, which says in other for you take control over your emotions just buy bitcoin and hold for a long period of time using the DCA method, for  accumulating bitcoin and hold for a long period of time is more profitable and less risky than trading, in trading you have to acquire full knowledge to enable you carry out technical and fundamental analysis before you can be able trade, but when it comes to buying bitcoin and holding for a long period of time all you just need is little knowledge about bitcoin, even someone who just heard about bitcoin investment today can start his or her investment journey today with just little knowledge of bitcoin investment.

[Call_Me_Guru]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy

You see, too many strategies and ideas are misleading, what has trading got to do with DCA investment in bitcoin? The moment you start adding trading strategies to the investment that you were suppose to plan well with 100% focus, you begun to attract unnecessary distraction, and hence loss of focus and more of confusion. Just DCA and HODL.

[justinlamode]

You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,

The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest.

The idea of poverty is relative even though there is a generally accepted standard that try to define what poverty should be. I feel the proper definition of poverty is the inability to meet basic needs such as food, shelter, medication etc. If you don't have these basic needs, you have no business considering investing in Bitcoin because what you need is to find a job or a business that will help you survive first and leave you with surplus which is what you can make investment from.

It has been abundantly emphasized that the safe way to invest in Bitcoin is to only use discretionary income. If we do this, we would have already passed that discussion of poverty because anyone with discretionary income is definitely not poor even though we cannot say such is wealthy because it could be that he is comfortable and can set some funds aside for investment.

[Zackz5000]

To me I see trading and at thesame time investment in bitcoin  as a total distraction, one should just centralize his or her focus on one, either you are trading or you are investing, know what you are doing choose one and focus, there is nothing like one should be investing and be trading for fun what fun

Why do you even think involving yourself in both trading, and investment is total waste of time? I don’t really see anything bad in doing the two, as long as you know you can manage the two.

Mostly investment should be for a long period of time if you are expecting a maximum profit. And if you are trading, you can be earning on a daily basis, and you will be using the money to take care of yourself, so involving yourself in the two is not really a bad idea, as long as you can do it. I know some people that involve themselves inproperng for survival, and they are still holding some bitcoin, and they are really fine, so I don’t know why you think involving yourself in the two is distraction.

Most people trading are not doing it for fun, they are doing it just because they want to make money from it, and I don’t think there is anything bad in it.

 Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy, to me I don't Think if you can apply the pproper DCA strategy, because you be distracted with trading, there is a probability that you might be in total confusion where you we contemplating the account to fund and not to fund and end up not accumulating enough bitcoin for future holding.

Yes, Bitcoin can be investing using the DCA technique in addition to trade The DCA method can be purchased by a certain amount of money every day, every week and every month with a certain amount of money. Which controls the market fluctuations and reduces the price and helps to measure the averageThere is  This method works a lot for long -term investment and you can reduce the risk You can trade it will create a DCA technique. If you are trading and want to get a quick conclusion depending on the market fluctuations and want to gain, In the case, DCA will not create any obstacles Instead, you can use the two methods at the same time and profit from trading You can improve Bitcoin using the DCA technique and enjoy a good result.

The DCA strategy is for a long term investment purpose and not for trading so be mindful of things you say and this not a thread to promote trading I believe there are other thread you can be talking about it, traders always think the little money they see while trading can be compare with an investor who accumulate Bitcoin and hodl for long when they even fall into lost you won't hear them talking about it bitcoin investment should be for a long time purpose when you have your discretionary income you start accumulating bitcoin using the DCA strategy since it doesn't stop you from buying Bitcoin if the price is high or low and hodl for 4-10 years +.

[Wonder Work]

Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy

Actually, If you can trade and invest, that is your personal matter. If you can focus on other things while maintaining DCA while investing on bitcoin, that is entirely your personal matter. But if you cannot maintain DCA while investing in Bitcoin due to focusing on other things, then your investment trend will not be right and you will not be able to control the balance. If you can maintain these, then it is good, but maintaining DCA is the most important thing for investing in Bitcoin, no matter what you do.

[Futurexxx]

Nobody is saying that trading and at the same time investing in bitcoin  is a total waste of time if you can handle both there is no problem with that, but come to think of it if you are trading  at the sametime you are investing how can you apply the proper DCA strategy

Actually, If you can trade and invest, that is your personal matter. If you can focus on other things while maintaining DCA while investing on bitcoin, that is entirely your personal matter. But if you cannot maintain DCA while investing in Bitcoin due to focusing on other things, then your investment trend will not be right and you will not be able to control the balance. If you can maintain these, then it is good, but maintaining DCA is the most important thing for investing in Bitcoin, no matter what you do.

Investing in Bitcoin and still trading at the same time are two things that can't easily go together because their is a certain way a trader thinks which is totally different from the exact view of an investor, because a trader is always looking for an opportunity to make quick money in the market, while an investor is in for the longer term , so I believe that if an individual decides to do them both, it will be extremely difficult for that person to keep to his holdings because the urge to trade will always be bigger than the urge to invest, but anything that makes the urge to invest bigger than the urge to trade, just know that, that fellow will eventually stop trading at some point because traders and investors don't sees things the same way, so in my own opinion, as long as you are an investor, it would be very wrong to be  trading, because by doing so you will not be able to hold unto your investment because when the urge to sell for minimal gains comes, you cannot say no to it.