My advice my fellow Nigerians

[Karl_3000]

I posted a topic few weeks ago, some of you are doing as if trading is profitable but I am very sure than you are not trading. We are brothers and sisters, we do not need to be deceiving ourselves. We have the good opportunity now to accumulate bitcoin and also use 10% of your money on altcoins if you want while 90% on bitcoin. If you begin to trade and noticed that you do not save any money when the coins are rising, do not put the blame on anyone.

I love you all my dear brothers and sisters, it is better you begin to hodl instead of trading. Use the money that you can afford to lose to trade. Trading is very similar to gambling for most of us, do not let us learn the hard way before we are going to believe that patience is very important in life.

The store of value. Bitcoin is the store of value.
Hodl (naija): https://bitcointalk.org/index.php?topic=5571809.0

[Orpichukwu]

In as much as I believe holding is more profitable and less risky than trading, I also do not discourage anyone who has the proper knowledge of trading, as we have those who are actually making cool cash from it while some are wasting money while trying to chase profit from the trading. Anyone who doesn't have trading knowledge should just stick with holding, while those who are benefiting should continue with what they are doing.

Trading and gambling are not the same thing; there are ways to level up your skill and manage your money very well in trading, limiting the loss and maximising profits, which is something that's very difficult and proven a bit impossible to be achieved in gambling.

[rachael9385]

There are people that actually profit from trading but I think that it's being overhyped by a lot of people that just want to sell their courses for people to buy. My advice to anyone that's interested in trading is to give it a try aand not get discouraged, everyone cannot do the same thing, if you want to accumulate bitcoin you can do that but that doesn't mean that it rules out trading as not being profitable.

[Karl_3000]

Trading and gambling are not the same thing

Who said they are the same thing?

The real traders know what I am saying, I hope they will be able to save for them not to miss the next bull run.

[Agbe]

Always do your own personal research on things before making any decision, if you choose to trade you shouldn't do it based on what others are saying about it. The reason why a lot of people lose money in trading especially in the beginning phases is because they don't amke personal research, they only trade based on other people's ideas. There are people that have knowledge to trade and they are making profit.

[Orpichukwu]

Trading and gambling are not the same thing

Who said they are the same thing?

Your statement sounds like one; you know the difference, but saying it's like gambling for some of us, I just have to make it clear. But, well, anyone who lacks total experience of how to trade is actually gambling with their money; maybe that's where the similarities come in for you.

Trading is very similar to gambling for most of us, do not let us learn the hard way before we are going to believe that patience is very important in life.

[EarnOnVictor]

I posted a topic few weeks ago, some of you are doing as if trading is profitable but I am very sure than you are not trading. We are brothers and sisters, we do not need to be deceiving ourselves. We have the good opportunity now to accumulate bitcoin and also use 10% of your money on altcoins if you want while 90% on bitcoin. If you begin to trade and noticed that you do not save any money when the coins are rising, do not put the blame on anyone.

Well, your advice is welcoming about Bitcoin and altcoin, but at the same time, trading is profitable, and you can't change that. However, the clause is that "it is only profitable to a few." If people fake it, the statistics will not, and as of today, there are still about 13% of people gaining consistently in trading. It now depends on whether or not those who replied to you are one of the 13%. You never can tell.