Stop trading, start mining/stacking !

[HashRate Hero]

A doctor I knew died yesterday, he is very popular in savings lives, he was about to walk into his hospital yesterday and he fell, the nurses rushed to him and later he died.

Dead men tell no Lies !   Consistency > hashrate.

Bitcoin is very profitable but if there's a continuous dip, even those who have a high risk tolerance rate will panic and want to pause a bit.

It’s all about maintaining conviction when others pause.

[LGD2Business]

I think mining isn't as profitable as it used to be. If you were to buy Bitcoin regularly instead of investing in mining, you'd probably be better off in 5 years. Bitcoin might be lower than today's price in a year, but we have a pretty good idea of what will happen in 5 years. You need to think long term and save accordingly. I also agree with the stacking more sats approach. As for mining I don't fully agree, people shouldn't get involved in something they don't understand. This is something that should be left to those who have actually been mining all this time and know how to make the most effective investment.

[Cryptohygenic]

Stop trading pennies for fiat trash. You're dumping real assets to stay poor. Five years from now, you'll regret every sat you sold. Keep chasing gains; we'll keep stacking.BTC

Trading on the capital markets with the motive of chasing short term profits and same time stacking your savings on fiats can be very risky because it will surely be stroke by inflation and as a matter of fact, you might only be implying to had stacked a huge sum of values in the fiats but being devalued over real value of money.
Bitcoin investment is a store of values but does not actually mean it is the only sort to hedge inflation. Fortunately real estate, stock and gold is also commendable for long term valuable storage.

[Botnake]

Trading is the best way to generate immediate profits, so that we can buy again at a maximum amount when bitcoin price is dropping, rather than just waiting for years to profit but only end up witnessing consistent market downturns.

This is one way to avoid stagnant long-term investments, that's why trading should also be done when there are opportunities to trade for profits.

But if you think you are not ready to trade yet, then you can settle with buying and long term holding first.

[mirakal]

Stop trading pennies for fiat trash. You're dumping real assets to stay poor. Five years from now, you'll regret every sat you sold. Keep chasing gains; we'll keep stacking.BTC

If trading would give the people the best opportunity to stack more bitcoin in the future, then why should stop trading? Trading may not be for everyone, but there are traders who can really perform trading well and highly profitable, so they should continue to trade as long as they continue to benefit from it.

But on the other hand, if they are not prepared to lose yet every time they decide to trade, its better to focus them on stacking. Mining is also another story to tell.

[Darker45]

Well, if you sold because of panic, FUD, erroneous timing of the market, other crypto options that ended up worthless, some other unnecessary stuff, and the like, you'll surely regret selling your precious Sats. But if you sold because you started a business, used it for an emergency, bought a house, or for investment diversification, it might not be bad at all.

As for solo mining to make more Sats, you just make sure it's your thing. Otherwise, it might just be a total waste of money. Other than technical considerations, solo mining itself might not be worth it. You're competing against industries these days. Would you find a block in a month or two, in 6 months or a year? And how about your regular electricity bill for that?

[LastKiss]

Stop trading pennies for fiat trash. You're dumping real assets to stay poor. Five years from now, you'll regret every sat you sold. Keep chasing gains; we'll keep stacking.BTC

Personally, I can't afford mining equipment for Bitcoin, so holding and continuing to stack sats is what I'm doing right now, I also trade occasionally but not very often since we're still in a bear market where even small FUD can have a bigger impact than usual.

Traders who overtrade put themselves at a disadvantage because making too many trades with unpredictable outcomes often leads to greater losses but skilled traders can still make money through trading, so it doesn't mean trading is always harmful, it all depends on how you trade.

[BRINIRHA]

Actually I quite agree with the trading issue but when I sold bitcoin before I honestly never felt sorry for doing that.

Not that I don't enjoy the investments I make because I still do until now but there were several moments where I was almost destroyed from the business I was doing and by selling some of the bitcoin I had I actually managed to get up from the downturn and I don't regret it but actually proud of it because in the end bitcoin saved me from destruction.
Sometimes there are some conditions and the worst possibilities that can happen to us that must give up ownership but if the goal is for the better I will never regret it unless I allow myself to sell bitcoin and spend it on unnecessary things then I will regret it.

[Oasisman]

I Did the switch from trading field to solo mining as a work not just a hobby after losing too much on hype, I aadmit that it’s slower, but stacking sats consistently is the only thing that actually builds wealth.

Discipline > gambling.   ( supériority )!

That's a good one and a good way to stack Bitcoin long term. I admire your work as solo mining is not for everyone. It requires high-power, high-efficiency ASIC miners to be profitable and compete with the existing large Bitcoin miners, and that's crazy expensive for most people, so the majority are just buying Bitcoin and holding it long term. Though some are actively trading, because just like you, it's their work, not just a hobby, but also the risks involving it are not for everyone.
Whichever way you're comfortable (financially) in accumulating and stacking Bitcoin, you will eventually gain good returns. We've already seen what Bitcoin is capable of in the past 10+ years.   

[Bluedrem]

Do you think Bitcoin is a short-term investment? No. In fact, to make a profit in Bitcoin, it requires a long-term investment. We know that Bitcoin changes its value cyclically. Every time after the halving, Bitcoin is seen to increase in value for two years, then it decreases slightly and again in the year of the halving, the value of Bitcoin increases again.
And when it comes to staking Bitcoin, many people do not have the money for a one-time purchase but they prefer to deposit money in Bitcoin, in which case they adopt the DCA method and invest using their discretionary income. This is a stable investment that can be held for a long time. And if someone can hold their Bitcoin portfolio for a long time, there is a good chance of making a profit.

[michellee]

Seeing the price of the hardware makes me think that I can't buy that. Not to mention about paying the electricity cost that burden me fast in one month. That makes me don't want to mining but I still have some VGA that I used in the past to mining Bitcoin.

Buying and hodl Bitcoin than mining will be better for me since I realize that is the way that works better for me. I also trading but I am not daily trader because it is hard for me research and analyze the market.

[HashRate Hero]

From an obvious sight Mining seems great , but we should understand our advantage., Mining or stacking, it's all just different paths to the same goal. Why create a divide case when  the real strength of this ecosystem is in both?

[Maslate]

It's not everyone that can mine. While others can patiently stack their coins, others prefer the DCA method while the remaining don't have the stomach for investing at all so no need to mount pressure on anyone like they've got some deadline to meet.
Bitcoin is very profitable but if there's a continuous dip, even those who have a high risk tolerance rate will panic and want to pause a bit.

The thing is, not everyone is capable to stack bitcoin continuously. Some may only be good in the beginning when they have sufficient funds, but along the way when financial crisis occurs, and when the market is unfavorably bad, they will have every reason to stop for a while but still continue to observe the market.

Bitcoin becomes more profitable if you decide to hold it for long term and continue doing DCA, but without financial capacity, no matter how you dream of stacking bitcoin, there will always come a time that you prefer to hold it for short term and trade, because that's the only way you can benefit from your coins early.

[Die_empty]

Trading is the best way to generate immediate profits, so that we can buy again at a maximum amount when bitcoin price is dropping, rather than just waiting for years to profit but only end up witnessing consistent market downturns.

This is one way to avoid stagnant long-term investments, that's why trading should also be done when there are opportunities to trade for profits.

But if you think you are not ready to trade yet, then you can settle with buying and long term holding first.

I don't see anything wrong in trading if the trader has the required skills to be successful. I hear people talk about trading as if it is a no-go area. Yet some traders are making money from it and diversifying to other assets.

However, I encourage newbies or those who don't know about trading to focus on accumulating and hodling Bitcoin through any good means. It could be through minning or buying.

[Muba20]

Stop trading pennies for fiat trash. You're dumping real assets to stay poor. Five years from now, you'll regret every sat you sold. Keep chasing gains; we'll keep stacking.BTC

Those who have gone through several cycles of Bitcoin may have understood the value of Bitcoin well. I myself regret it because the time I sold Bitcoin was a big mistake in my life. If someone wants to make some profit by taking risks in the bullish movement, then he can invest in altcoins, but if he is trying to make reliable profits, then there is definitely no alternative to investing in Bitcoin. There were many altcoins which were once bought by a lot of investors, but over time, those coins now remain as dirt in the wallet. No matter how much the Bitcoin market falls, it will come back. If someone invests for the long term, then he will make profit. When it comes to Bitcoin, there is nothing better than holding it for the long term.

[HashRate Hero]

Stop trading pennies for fiat trash. You're dumping real assets to stay poor. Five years from now, you'll regret every sat you sold. Keep chasing gains; we'll keep stacking.BTC

Those who have gone through several cycles of Bitcoin may have understood the value of Bitcoin well. I myself regret it because the time I sold Bitcoin was a big mistake in my life. If someone wants to make some profit by taking risks in the bullish movement, then he can invest in altcoins, but if he is trying to make reliable profits, then there is definitely no alternative to investing in Bitcoin. There were many altcoins which were once bought by a lot of investors, but over time, those coins now remain as dirt in the wallet. No matter how much the Bitcoin market falls, it will come back. If someone invests for the long term, then he will make profit. When it comes to Bitcoin, there is nothing better than holding it for the long term.

Don't trade your future for tiny bit. Buy Bitcoin, lock it away, and let the market do the heavy job . About HODL or the only strategy that matters for me.

[Cryptomultiplier]

Trading is the best way to generate immediate profits, so that we can buy again at a maximum amount when bitcoin price is dropping, rather than just waiting for years to profit but only end up witnessing consistent market downturns.

This is one way to avoid stagnant long-term investments, that's why trading should also be done when there are opportunities to trade for profits.

But if you think you are not ready to trade yet, then you can settle with buying and long term holding first.

I don't see anything wrong in trading if the trader has the required skills to be successful. I hear people talk about trading as if it is a no-go area. Yet some traders are making money from it and diversifying to other assets.

However, I encourage newbies or those who don't know about trading to focus on accumulating and hodling Bitcoin through any good means. It could be through minning or buying.

Obviously professional traders can't be advised to stop trading because the market would freeze if this be the case where no traders are available to trade with.

Also, trading isn't for everyone and if newbies must trade, they should use demo accounts or trade less amounts and instead, hold more and mine enough sats so as to secure their finances and capital instead of being victims of the market's sudden swing or downward turns at any moment.