Buy Buy Buy or Sell Sell Sell?

[UmerIdrees]

Market price in some cases are unpredictable because  I have heard of some one buying a coin in a certain rate, but just for sometime it get reduce to a lower rate,so market price is unpredictable

That is the reason why you don't have to buy with a short term mindset ( trading) because the market is very volatile and so buying with the intention to sell very early when the price appreciate is a total waste of time and it is more like a deceit because the chance of it happening as predicted is not known or certain. So to avoid all these, it is advisable to invest in Bitcoin and hold it for a very long term at least 4-10 years and if been carried out properly, following all the procedure there is a possibility you will see something great because Bitcoin potential is always seen in long term of holding.

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

I'm saying this because a  trading especially the spot and the future trading one will get short-term profits and that will make him satisfied and happy and he will not touch his long-term portfolio. In this way he can enjoy both the perks of short-term and the long-term gains.

[Stable090]

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

What’s the difference between investing and holding? I don’t know if you can clarify that. If you are in crypto, you shouldn’t keep everything in a wallet. whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.

[yixichloro2xx]

If you pour all your money into investing and are afraid of the ups and downs of Bitcoin, you will be in trouble.

Investing into Bitcoin with funds that are meant for your expenses or other necessities is a bad investment practice. It can further be described as being over aggressive in your investment and it can prove unsustainable for long, also it can lure the investor to tampering with his portfolio when the actual needs arise and sell at a time he didn't choose.

Bitcoin is best approached with discretionary income, in accurate cashflow management practice, you must first remove funds that are meant for your expenses before identifying that you've discretionary income and further splitting your discretionary income into funds for Bitcoin buying and others for building of backup funds.

This is very important for an investors for especially the newbies because I have seen some beggars rushing to buy Bitcoin when the price has drop now, which will make some people buy with daily expenses funds, Before investing in bitcoin, make sure you don’t too over aggressive in your investment that will affect your bitcoin journey, it is not advisable to use the funds that are meant for your expenses to invest in Bitcoin because in the process it will affect your investment by selling without not thinking about the price because you need the funds, investing in Bitcoin need a proper plan that will make you to buy your Bitcoin without not using your funds meant for daily expenses and hold your assets for a long time.

Those who rush to buy Bitcoin when the price drops are not buying it for the long term. They are not investors, they are traders, they are gamblers. Similarly, those who invest with the money they need for daily expenses are also basically using Bitcoin as a gambling . It is very important to have a proper plan to invest in Bitcoin. Let's say a person earns $2000 per month. From that, his basic expenses such as house rent, food, child and one and a half education, transportation and all related expenses total $1200. He will have the remaining $800 as discretionary income. From there, he can invest $400 in Bitcoin every month if he wants, deposit the remaining $200 to form an emergency fund and spend the remaining $200 as he wants. He can also spend the remaining $200 on entertainment, social service or improving his quality of life. If you continue to invest in this way, after your emergency fund reaches a minimum of $3600 for 3 months, you can use the extra $200 left to invest more aggressively or create a reserve fund. If someone invests in this way, they will be able to invest for a long time. And if anyone continue to invest in Bitcoin for a minimum of 4 to 10 years or more, then the possibility of getting several times more profit here than investing in any other sector in the future is much higher.

The way you broke it down with discretionary income, emergency funds, and daily expenses really makes sense. If someone follows a steady plan like that over time, even with small amounts, it can really add up because of how time and compounding work. It’s a simple, practical approach that makes Bitcoin investing a long term habit instead of a gamble, and it lets you benefit from its potential without putting your financial stability at risk.

The measures of your profit doesn't only depends on how long anyone holds but it is about the overall size of your Bitcoin portfolio and how long you have be able to hold that determines the value of your return, you don't only have to talk about duration or longevity of time you have held your Bitcoin and forget about the size your are holding, the two factors must work together when taking such consideration because there is a possibility of some one that has hold Bitcoin for short years to achieve the highest income from the bullish season probably based on the amount of Bitcoin the person hold, considering the compounding effects both in values not only in years.

Holding time alone doesn’t tell the full story. The size of your Bitcoin stack matters just as much. Someone could hold for just a few years but with a much bigger portfolio and still come out ahead in a bull run. It’s the combination of how long you hold and how much you hold that determines the real gains, especially when you factor in compounding and price growth over time.

Another thing we should always consider is consistency.....Regularly adding to your stack through DCA or other strategies can significantly increase your total holdings and smooth out the effect of market volatility. Timing matters less when you build steadily over time. Also, being disciplined about not selling during short term dips ensures you capture the full growth potential during bullish cycles. Essentially, it’s not just about patience, it’s about smart and steady accumulation that can multiply your returns over the long run.

[Silikiem]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

[I_Anime]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

[Kelward]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Only newbies and those that don't know about Bitcoin circles will be having doubts about what to do in this dip, they will wonder whether to panic and sell or buy aggressively. For those that are on DCA method it is business as usual for them, they will continue to buy from their discretionary funds not minding whatever the current price is. Experience is profitable in Bitcoin investment, when you fully understand that Bitcoin is a store of value your aim will be to accumulate and hodl for the long term.

If you're an experienced investor or you're privileged to gain knowledge about Bitcoin market you will not think about short term investment. Bitcoin is a volatile asset that can fluctuate in price, that means that planning to sell on the short term is taking risks like traders.

[SOKO-DEKE]

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

Your points are not clear, but if I should understand what you are trying to say, it is that trading Bitcoin and investing in Bitcoin are different. Yes, they are different.Trading involves holding Bitcoin for a short period, buying and selling based on short-term price targets. On the other hand, Bitcoin investment is meant for a long-term period.But what I will tell you is that it is not encouraged to trade Bitcoin because of the high risks involved. Trading is an easier way for someone to lose money in Bitcoin, and that is why it is not advisable.

Bitcoin investment, however, carries less risk. If you can hold for a long period at least 4 to 10 years before selling, it is very possible that you will make a profit from the Bitcoin you are holding. This is due to the Bitcoin halving that occurs every four years. After each halving, there is usually a bull run. This is the period when Bitcoin's price tends to increase well.and get this point trading is not strategy.

[Joeboy]

The money you spend for investment must be such money that you will not need it in the next 10 years. And you can also invest without stress. Because there are many people who start investing with a lot of money. Then they come halfway and sell their investment. For them, it is like sinking a boat in the middle of the ocean. So do not invest with such money that you have to sell your investment. And if you can keep the investment, maybe success can come.

That is where proper management of your cashflow comes in meaning that you as an investor should be able to know the total money coming in (income) vs the total money going out (expenses) and then create a plan on how to balance them........The importance of this  is that it gives an investor the room to always have enough for his/her needs, while still being able to set aside some for investment.......TBH, if  you invest with money meant for short-term needs, you will eventually be pressured to sell off, which may often be at the wrong time, and that is when losses can happens

Again it doesn’t really matter if you started your investment with a huge sum of money, and later sifted to a smaller amount, what matters is your level of consistency and then whether you can leave it to grow without stressing over it.

[ChocolateBitcoinK]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

Especially in the case of long-term Bitcoin investment, you have to start investing first, ignoring all the fears and uncertainties, and stick to it consistently. Just to buy a little DIP, you will lose the valuable opportunity you have, and you will not be able to buy the DIP as you expected, that is, the only result of delaying here is to fall behind in all aspects, and lose more opportunities. Not everyone can achieve success from trading because it is much more difficult than expected, it is not easy to handle market fluctuations, and investing is much more sustainable than trading and can bring maximum success in the long term.

[G_Besar]

~~~

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

That's the difference between Bitcoin investors who are dedicated to the long term and ordinary investors who only aim for small, short-term profits. Those who still invest for short-term profits may not yet have discretionary income, and therefore prefer such behavior to becoming true investors who rely solely on Bitcoin. However, I still wouldn't want to follow the lead of short-term investors because they typically lack strong convictions and don't truly love a particular asset, even if it has previously generated profits.

So, if you want to be an investor, be a more genuine investor so that you have principles and a stronger stance on one of the best assets like Bitcoin. Because when we have a stance to continue buying and holding Bitcoin for the long term, of course we won't immediately let it go carelessly just because there is a small profit, even though the basic goal of investing is to seek profit.

[Mr_Brilliant$]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

Bruh, let me be real with you here. I don’t really buy that idea of mixing both trading and investing together like it is some perfect combo.. To me, once you start putting trading into the mix, you are already stepping into a dangerous lane that looks more like gambling than anything else.. Bitcoin does not move in a way anyone can truly predict, not even the so called experts with fancy charts.. People only get lucky here and there, but luck is not a strategy, and in the long run it eats up more people than it feeds...

I would say, if you are serious about Bitcoin, the focus should be strictly accumulation and long term holding... That is where the real power is. Trying to be both investor and trader is not a good idea, and you will end up stuck or drowning halfway. It might sound harsh, but I would rather be blunt than watch people waste years thinking they are boosting their stacks when in reality they are just gambling away what could have been solid Bitcoin holdings...

[Stormisover]

I know some people will still be doubting, if truly this is the time to buy bitcoin or sell, you don't need to get angry with such newbies that say this is the time to sell bitcoin because someone that have the knowledge of bitcoin will not say such thing when the price of bitcoin fall from $124k to $109k, if you have the funds in you, you can start buying from the market and hold either long term or short term because I know income will definitely come out from your holding before you can release them to the market, but don't forget that those that hold for long years always achieve the highest income from the bullish season.

Every investor needs to treat bitcoin as a long term investment and not to be shaken about it and having any other taught of short term investment. Those who invest for the short term are not true investors, they are traders who are  only in for a short quick profit making mindset, and such mindset is a very wrong approach when investing in bitcoin. True investors only go for the long term goal of consistently and persistently accumulation of bitcoin with their discretionary income and hold for the long term goal.

What most people usually miss it is not even buying at all , like not even starting at all . One can be both trader and an investor at same time just Aslong you know what you are doing and you have the right knowledge to avoid wasting valuable resources (your hard earn money ) .

Because there many successful traders at there who are also buying bitcoin for long term purposes . And same time using their trading profits to boost their investment and fuel their business to keep going smoothly ,but the reason is always advisable to focus on accumulating bitcoin rather trading is because trading seems to be more technical n complex compared to investing.

The advice of combining trading and at the same time investing can be misleading to the newbies coming in to this thread since you didn't make much clarification on this regard and knowing fully about the traits of a newbie in to Bitcoin investment. Every traders mindsets is that the price of Bitcoin should be going up and when it doesn't they become disappointed leading to emotions swings and unrest, and another thing about traders is that they don't easily use cold money unlike an investor because their focus is to maximize profits within short term which may or may not end up happening the way they expected. It is more pleasing to focus on investing than running the both trading and investing at the same time.

[Loyang]

The advice of combining trading and at the same time investing can be misleading to the newbies coming in to this thread since you didn't make much clarification on this regard and knowing fully about the traits of a newbie in to Bitcoin investment. Every traders mindsets is that the price of Bitcoin should be going up and when it doesn't they become disappointed leading to emotions swings and unrest, and another thing about traders is that they don't easily use cold money unlike an investor because their focus is to maximize profits within short term which may or may not end up happening the way they expected. It is more pleasing to focus on investing than running the both trading and investing at the same time.

A trader can never increase or decrease the price of Bitcoin. The price of Bitcoin never fluctuates depending on just one person. When the demand in the market increases, the price of Bitcoin increases. When the demand for Bitcoin decreases in the market, the price of Bitcoin decreases a lot. The price of Bitcoin depends entirely on demand. But yes, in some cases, the price of Bitcoin increases or decreases depending on one person. For example, if there are big people like Donald Trump, owners of big companies, etc., they say good or bad things about Bitcoin, then it will be seen that the price of Bitcoin has increased a lot. Because all the people who follow them will be interested in buying Bitcoin. In this way, many big people have the power to fluctuate the price a little. But this does not happen for a long time, but for a very short time.

[Pi-network314159]

Market price in some cases are unpredictable because  I have heard of some one buying a coin in a certain rate, but just for sometime it get reduce to a lower rate,so market price is unpredictable

That is the reason why you don't have to buy with a short term mindset ( trading) because the market is very volatile and so buying with the intention to sell very early when the price appreciate is a total waste of time and it is more like a deceit because the chance of it happening as predicted is not known or certain. So to avoid all these, it is advisable to invest in Bitcoin and hold it for a very long term at least 4-10 years and if been carried out properly, following all the procedure there is a possibility you will see something great because Bitcoin potential is always seen in long term of holding.

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

I'm saying this because a  trading especially the spot and the future trading one will get short-term profits and that will make him satisfied and happy and he will not touch his long-term portfolio. In this way he can enjoy both the perks of short-term and the long-term gains.

trading should not be considered fist but investing into Bitcoin should be first priority. Yeah a person may decide to have a separate wallet to buy and stack Bitcoin and still be trading at thesame time as you said, but that should be when an investor have accumulated enough Bitcoin and decide to gamble with %1-5 of the profit made from his Bitcoin investment, and not doing both at thesame time when such person has not met his target. Atleast after investing for a long time and you have accumulated enough and you decide to gamble, the risk will be less but doing both at thesame time may result to lack of Concentration because greed will cloud your sense of reason, making you feel that trading will give you more profit quickly than HODLing for long and gradually you become addicted to trading and or gambling and you may never think of investing and HODLing, that's why we often advice guys to focus more on accumulating Bitcoin and HODLing than mixing up things and later regretting.

[JayJuanGee]

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

What’s the difference between investing and holding? I don’t know if you can clarify that. If you are in crypto, you shouldn’t keep everything in a wallet.

Hopefully, no one is in crypto.  That would be retarded.

whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.

You sound distracted.  Airdrops.  Who needs that?

I do agree with the idea of figuring out how to hold bitcoin privately (if you might be thinking that bitcoin might be relevant to discuss).  You did not even mention bitcoin in your post... yet anyhow an open source wallet is not bad to get to know, even though some guys might get started buying on an exchange first, and they might not know about wallets in the vary beginning, so they likely will have to learn about various wallets and perhaps make a choice in regards to which wallet to use.. .. regarding the various shitcoins.. that sounds distracting and perhaps better to discuss shitcoins in some other thread... even though there are some wallets that are bitcoin only and there are some other wallets that also include shitcoins, even though wallets might have more vulnerabilities if they are used for shitcoins, too.. .depending on which shitcoins..

[yixichloro2xx]

Market price in some cases are unpredictable because  I have heard of some one buying a coin in a certain rate, but just for sometime it get reduce to a lower rate,so market price is unpredictable

That is the reason why you don't have to buy with a short term mindset ( trading) because the market is very volatile and so buying with the intention to sell very early when the price appreciate is a total waste of time and it is more like a deceit because the chance of it happening as predicted is not known or certain. So to avoid all these, it is advisable to invest in Bitcoin and hold it for a very long term at least 4-10 years and if been carried out properly, following all the procedure there is a possibility you will see something great because Bitcoin potential is always seen in long term of holding.

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

I'm saying this because a  trading especially the spot and the future trading one will get short-term profits and that will make him satisfied and happy and he will not touch his long-term portfolio. In this way he can enjoy both the perks of short-term and the long-term gains.

trading should not be considered fist but investing into Bitcoin should be first priority. Yeah a person may decide to have a separate wallet to buy and stack Bitcoin and still be trading at thesame time as you said, but that should be when an investor have accumulated enough Bitcoin and decide to gamble with %1-5 of the profit made from his Bitcoin investment, and not doing both at thesame time when such person has not met his target. Atleast after investing for a long time and you have accumulated enough and you decide to gamble, the risk will be less but doing both at thesame time may result to lack of Concentration because greed will cloud your sense of reason, making you feel that trading will give you more profit quickly than HODLing for long and gradually you become addicted to trading and or gambling and you may never think of investing and HODLing, that's why we often advice guys to focus more on accumulating Bitcoin and HODLing than mixing up things and later regretting.

When someone jumps into both trading and investing at the same time without first meeting their accumulation target, it often leads to confusion. The problem is that the mindset for trading and for long term holding are completely different, and mixing them up usually creates distractions. Greed tends to make people believe that trading will get them rich faster, but in most cases it just keeps them from building a solid Bitcoin foundation.

It usually makes more sense to focus first on stacking consistently until you have hit a comfortable level. After that, using a small percentage of profit for trading won’t feel like a gamble becoz your base investment is already secured. Don’t you think the real problem is most people just rush things and expect quick profit instead of giving their investment time to grow?

[Sticky Bomb]

Market price in some cases are unpredictable because  I have heard of some one buying a coin in a certain rate, but just for sometime it get reduce to a lower rate,so market price is unpredictable

That is the reason why you don't have to buy with a short term mindset ( trading) because the market is very volatile and so buying with the intention to sell very early when the price appreciate is a total waste of time and it is more like a deceit because the chance of it happening as predicted is not known or certain. So to avoid all these, it is advisable to invest in Bitcoin and hold it for a very long term at least 4-10 years and if been carried out properly, following all the procedure there is a possibility you will see something great because Bitcoin potential is always seen in long term of holding.

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

I'm saying this because a  trading especially the spot and the future trading one will get short-term profits and that will make him satisfied and happy and he will not touch his long-term portfolio. In this way he can enjoy both the perks of short-term and the long-term gains.

What you should understand about trading is that it's addictive and tends to mess with your emotions especially if you're losing which might prompt you to throw more funds into it in a bid to recover and who knows, the next available funds might be your Bitcoin portfolio and you mess things up for yourself.

To be on the safer side, it's important you don't mix trading with investing. I believe most guys would agree with me that it's more peaceful and relaxing when focusing on investing and increasing your aggressiveness when you've the means rather than sourcing for funds to put into trading separately. The focus is on getting more quantities of Bitcoin and on the long run, the profits from the compounding effect of Bitcoin price appreciation would even be far greater than the quick profits from trading, that's if at all you end up profitable and not messing things up totally for yourself.

[Justbillywitt]

Market price in some cases are unpredictable because  I have heard of some one buying a coin in a certain rate, but just for sometime it get reduce to a lower rate,so market price is unpredictable

@Money bag I see you were trying to quote someone but you are struggling on how to quote properly. I have gone through your profile and I observed that this is not the first time you are struggling with quoting multiple users. I also noticed that you haven't spent time in beginners and help thread and go through some of the helpful posts that are pinned there by the moderator. I will advise you spend sometime in beginners and help thread and learn how to quote properly. Secondly the post you were trying to quote is more than a year old, therefore it doesn't reflect the current reality of bitcoin in terms of it's price and market reality. Next time try quoting recent posts that are ongoing in a thread to blend with the most recent discussion which represent the current reality of bitcoin price and market reality.

everyone was new at some point. Quoting can be tricky at first, especially on a fast-paced forum like this. Instead of policing every mistake, a quick tip or link would have gone a longer way. As for the post being old, fair enough but sometimes, context from the past helps shape present discussions.

I have no problem with someone being new to the forum please get that right. Besides the account in question was already registered as of January of this year. Someone who has spent 8 months in this forum and still struggles to quote properly speaks a lot, but that's not what am here to talk about. You talk about me policing I don't actually know if you know what policing is all about as this is the first time I have quoted the OP yet you are sounding this way. The forum is a place where we help newbies that are struggling when we spot their challenges which I did with @money bag. I referred him to the beginners and help board were I know he can find valuable materials that will help him understand the how to quote properly is that not enough tip?  Moreover beginners and help thread is where newbies are to spend more time to learn more than coming to teach what they don't know. Some of you newbies preferred to be spoon feed and don't want to put in efforts, that's not how to learn. The problem I have with some of you newbies is that you guys are too arrogant to learn, you prefer wallowing in your ignorance than learning from someone who's trying to help.

[Barikui1]

.

whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.

You sound distracted.  Airdrops.  Who needs that?

I do agree with the idea of figuring out how to hold bitcoin privately (if you might be thinking that bitcoin might be relevant to discuss).  You did not even mention bitcoin in your post... yet anyhow an open source wallet is not bad to get to know, even though some guys might get started buying on an exchange first, and they might not know about wallets in the vary beginning, so they likely will have to learn about various wallets and perhaps make a choice in regards to which wallet to use.. .. regarding the various shitcoins.. that sounds distracting and perhaps better to discuss shitcoins in some other thread... even though there are some wallets that are bitcoin only and there are some other wallets that also include shitcoins, even though wallets might have more vulnerabilities if they are used for shitcoins, too.. .depending on which shitcoins..

Yea, you are actually right here and I am a typical example of the illustration you gave here because when I first started, I was using binance exchange to be buying Bitcoin and some other alt coin like Solana and bnb, along the line i started hearing of how dangerous it was to store my asset in an exchange, so I transferred all my asset including the Bitcoin I was holding to trust wallet which was not a self custodian wallet, but everything changed completely when I registered in this forum, because I started seeing things differently due to the level of knowledge shared here.

So I took the first step by swapping all my crypto to Bitcoin and transfer everything to electrum which is a self custodian wallet which am using till date, so why am saying all this is that most times, ignorance is the sole cause of leaving your asset in an exchange, investing in alt and meme coin, saving your Bitcoin in a wallet like trust wallet that is very risky and expose to hacking. So having the right knowledge as a beginner is the best possible thing a Bitcoin investor will ever have in this digital space because ignorance will cost you more than you can ever imagined .

[Mr_Brilliant$]

Well trading, investing and then holding for long term all are different things and I think one should have certain portfolio fix for each type of these strategies and plans.  

What’s the difference between investing and holding? I don’t know if you can clarify that. If you are in crypto, you shouldn’t keep everything in a wallet. whenever am investing, my target is always for long term, so when am holding I do make use of a non custodial wallet, and I don’t use the wallet for any other thing. If am trading, I do make use of exchange, and immediately I know I won’t be trading for some time, I don’t always leave my money on exchange, I do make withdrawal immediately because I know my money is not safe on exchange. Also if am participating in all this airdrops, I do always have a separate wallet for that, because I know the risk involved in participating in airdrops, so I do make use of separate wallet for that.

Stable090, the way you sounded, I can’t even lie, it instantly threw me back to one of my bruh back in late 2023. He was kind of like you, always sounded like you jst did, though he knew a bit about Bitcoin but instead of narrowing down to just focusing on Bitcoin, he scattered his focus everywhere….  One minute he was shouting about trading, the next he was chasing some shitcoin project with promises of life changing pumps, and then before you know it, he was downloading wallets just to farm airdrops that never even paid him anything tangible….  The annoying part then was whenever we sat to talk about actual investment and Bitcoin, he always dragged the conversation sideways with some hype shit coins…. I used to get pissed off because I felt he was just wasting his strength and his money. And here is the sad reality, till this very moment I doubt that guy can beat his chest and say he has $500 worth of Bitcoin…. All the time, energy, and risk he poured into shitcoins and airdrops could have easily given him a solid Bitcoin stack by now...  I pity him sometimes because while others were quietly stacking BTC, he was busy chasing shadows…

Bruh, that is exactly the point I don’t want you to miss… Because how can you be deeply into trading, playing with shitcoins, chasing airdrops, and at the same time trying to build Bitcoin wealth? That is too much distraction, and at the end of the day, it will drain you mentally and financially….  The hard truth is that trading is nothing but speculation you can never consistently predict Bitcoin next big move no matter how sharp you think you are… Airdrops too? Ninety nine percent of them are trash, and they end up exposing your wallet more than rewarding you...  My honest advice? Forget the noise, screw all those airdrop wallets and trading headaches, and put your focus on one thing accumulation… As simple as it sounds, that is the only proven long term plan... Stack BTC and protect them in a non custodial wallet, and stop touching them… Years from now, that discipline is what will set you apart from everyone who wasted time chasing hype…