Topic: Bitcoin Earnings (Read 1995 times)

Bitcoin forum is not a place to learn about Bitcoin but we can get opinion on how to be a better holder or investor. Some persons still think that we can learn about Bitcoin from scratch from this forum but it is nit true. We need to learn about bitcoin outside the forum for fast and better understanding. There are simple sites we can read about Bitcoin without any registration which is what we should be looking at. Bitcoin is a volatile coin and we need to understand this to safeguard our funds so we don't make unnecessary mistakes thinking the market is easy to trade and make profits.

Those who have had a lot of experience about Bitcoin at first are also beginners who are learning about Bitcoin and by having knowledge and they are trying to invest and also trade, it would be better when someone is just starting to understand about Bitcoin they choose to invest first because it is This means there is less risk of losing the assets they own, but when they have a lot of experience and sufficient knowledge about Bitcoin they can invest and also trade to make a profit from both of these things.

You can make earnings from investing bitcoin or trading in bitcoin if only you are ready to learn to have knowledge,  the truth is that no expert can help you in bitcoin trading, only yo can help yourself and it is only tyou that can determine if trading will be easy or complicated for you. If you really have interest engage with bitcoin just try your best to learn and to do things accordingly,  with good understanding I don't think you will see bitcoin to be complicated.

Bitcoin can be profitable in different ways of cryptocurrency investment, what I really understand in cryptocurrency and how others accumulate their bitcoin is through buying bitcoin when the price is in a dip and make sure that you have keep it for long time, some people who have almost one thousand bitcoin today they did not acquire now that bitcoin price keep on increasing, so it's better you buy bitcoin and keep for long run and you will make a large profit than someone who trade bitcoin, bitcoin investment people who knows the techniques is people who invest in long run in bitcoin

IMO i dont you're wrong in this but it's not quite right. Even though it can be traded, there are other factors that can make bitcoin profitable for us, namely investment because in any case investment is much friendlier and more profitable to do than trading.
Indeed, your words with trading buying holding and then selling at a high price seem very interesting but the fact is that when we have been in bitcoin for a long time it is not as simple as imagined so don't just get hung up that you can trade and profit once in bitcoin as if it becomes easy because in the end you have to realise that investing and holding for a certain period of time is the best method to date.

What you should concentrate on as a Newbie is to learn the rules and regulations of the forum first and also follow the methods of people who share their trading experience in a trade section and also observe other people comments concerning bitcoin and it's development, so I believe that when you pay attention in the forum you learn and understand what you wish to acquire in the forum, sometimes some people venture into both bitcoin investment and trading without passing through to learn the basic rudiments of them, so therefore I believe that bitcoin investment have to do with observation and precautions even the trading as well.i don't want portray any point towards gambling because it's something you can acquire the basic concepts of how it operates with short minutes.

Trading is not for beginners; that doesn’t mean beginners cannot trade. What that sentence means is that beginners who don’t understand how trading works, both the fundamentals and the technical skills of trading, should not trade since trading has a higher risk than investment, so that is why people say they shouldn’t trade. They should use that money to invest in bitcoin. Since bitcoin investment can be learned in a short period of time, When they acquire the knowledge of trading, they can start their trading journey. You can also be a beginner and still have the knowledge when you start trading and eventually find it easy and start making money out of it. That is when people will stop calling you a beginner. For example, if someone who has knowledge of bitcoin creates a new account in this forum, you can see that such a person came with the knowledge but is still a newbie in the forum.

You can learn a lot about bitcoin, and this could be considered as a good piece of advice, however, even after understanding some key features of bitcoin you will still be a beginner in trading. Because the only way to stop being a beginner and become more experienced is to actually trade. That is why I don't agree that trading is not recommended for beginners. Every trader was a beginner once. But you can remain a beginner, or you can practice and get rid of this status.

Trading is not recommended for beginners, but when you say that, some beginners may feel that you don't want to teach them. Instead, you should discuss how to learn about bitcoin instead of trading as a beginner. This will help you understand why it is advised that beginners avoid trading, even though it is still a viable means of making money. It would be beneficial for you to learn more about bitcoin, bro, and if you do, you will thank those who are advising you to do so. People who trade are capable of doing so, and I believe that as a novice, you have not the mindset to lose the little money you have.

It is true that investing requires patience and results take time but investing is less risky than trading. There are many new members who trade and end up losing everything because they don't understand the trading signals. But bitcoin investment is very profitable even if you have to wait patiently. Trading requires a lot of skill not everyone can do trading but if you have the ability everyone can invest in bitcoin. There is no risk of losing you just have to wait for a long time.

You leaving the casino and switching to Bitcoin is a matter of choice. Remember that, dude. If you really want to learn what the real concept of bitcoin is, you will find a way to learn it yourself and how to have it. And everything the community has to say on this platform depends only on you if you believe it, because it's different if you do your own research on Bitcoin.

There is no other community here that will teach you. Almost all the people on this platform have their own methods and strategies for how they learn and understand Bitcoin, and they also differ in the percentage of determination, dedication, and passion they have for how important it is to each other.

There are ways you can do something good for yourself and the future you dream of. The things you think of doing would take time for you to accomplish and master them. Bitcoin and trading is not something you would dive into without being experienced on how it is.
Bitcoin investment and its trading is entirely different from casino and gambling games. They are all far different from each other.

Bitcoin investment requires basic knowledge, and patient as you hodl onto it while trading requires one to master it before engaging in it. And the two others(casino and gambling games) are for fun and someone shouldn't depend on it to make money out of it.

Although investing is not as difficult as trading, those traders that we have now that are still making success in their trade also started as newbies; they got into the system, saw how it was, and adapted and developed some personal strategies to win in the market. Despite their losses too, they became persistent and put in more relentless effort just to win in the trading market, and today, if you look at them, they are not as bad as when they started. Trading is not bad; as a trader, trading doesn't limit you from also having some money invested in Bitcoin, which you will just have in your portfolio for holding. As a wise trader and Bitcoiner, you should also have some Bitcoin in your holding wallet, despite the fact that you are trading with some funds too.

I found out on X.com that it is quite laughable for me because it is about trading that does not have expertise.

You can see it here: https://twitter.com/naiivememe/status/1728722238193717522

Investing is indeed much better and less risky to lose unless he doesn't sell it, the important thing is to have fundamentals, patience and discipline in managing the money spent on bitcoin, I also invest rather than trading even though everyone is always different in their choices but it's up to them who will definitely recommend investing a lot even though the results take a long time.

I am not sure why you feel it is necessary to make such a distinction.  If we stick with bitcoin in regards to this discussion, then we may well reasonably come to an assessment that bitcoin is amongst the best of assets in which we can currently invest (if NOT the best), so if we know that bitcoin is a good investment, then why fuck around with trading it, even if we think that we know which way the price might go in the short term. 

So sure, there are likely skills that people can develop both in terms of providing higher than 50/50 probabilities that you know which way the BTC price going to go in the short term, and also there could be techniques to hedge both sides, so that if you make a bet in a certain direction, then you are able to still recover (and perhaps not lose as much) by taking the other side of the bet, but still if bitcoin remains such a great asymmetric bet to the upside, then why fuck around with trying to trade it instead of merely going long with it, and sticking with long. There should be no reason to persuade people that there are ways in which they can increase their odds in trading in order that they have slightly better than 50/50 so therefore it is not gambling. blah blah blah.


If you are going to fuck around with trading, then it seems much better to be doing it with relatively worthless assets rather than something that is likely so valuable and so much of an asymmetric bet as bitcoin.
 

I don't really disagree with anything that you are saying here, except that if someone may have spent years accumulating bitcoin, there may well start to be strategies regarding various points of selling.. and there is no need to even expect that the BTC price will come back down, and so for example, if someone is selling around 10% of the value of his/her stash every time it doubles, then that would not be a bad strategy, and maybe the first time selling is more than a doubling (and needing to be in profits, too).. or to start to measure from the cost of the BTC, so the first doubling would mean that half of the value of the BTC is in profits and the other half is principle, but if the BTC price doubles again, then only 1/4 of the stash would constitute the value of the principle.


It is not easy to be self-directed in your learning, and sometimes there are needs for foundational instructions and/or courses to help normies to learn how to learn and to put those kinds of learning how to learn ideas into practice, since practice is also a very good way to learn, but frequently will be needs to figure out some of the theoretical ideas surrounding practices, which is not ONLY curiosity about the practice but frequently needing find other sources and different perspectives - and many times books will have had gone through ideas much more thoroughly than any of our somewhat spontaneous posts in the forum.

Another difficult thing to put into practice is "critical thinking," and sometimes normies will believe that they understand critical thinking because they happen to be critical in their thinking about of all (or most) things, but then sometimes even those people might not be able to see that some ideas are better than others, and sometimes they might devolve into too much black and white thinking.. and/or inabilities to analyze the other side, to the extent that the other side is even worthy of analyzing.

Sometimes also in the guise of "critical thinking" someone might be exploring a variety of shitcoins and perhaps giving shitcoins benefits of the doubt when they do not deserve any benefit of the doubt.  Sure, there might be some possibilities that some shitcoins might be adding some value, but it the person does not adequately understand how bitcoin is distinguishable, then they might not be analyzing the shitcoin (to the extent that it warrants any analysis) with some faulty framings and therefore not as much "critical thinking" as they might have concluded that they are employing in how they choose to spend their time, their energies and sometimes their monetary value.  There are ways to employ critical thinking without necessarily being dogmatic and/or overly exclusive, but there are also balancing considerations regarding how much time, energy and or money that any of us might have to deploy or partially deploy into shitcoins versus the amount that we may well choose to deploy into bitcoin.. which is also a balancing matter if many folks are not able to spend large amounts of time studying bitcoin and they may well need to earn money in order to be able to eat and also perhaps develop some of their other skills in life, whether it is work related or even considering non-work related values that people might have around family (relationships), spirituality, hobbies and/or other things going on in their life that they are needing to balance..


It is really difficult to determine how long any one should engage in pure DCA and/or building of his/her BTC stack prior to considering trading any of it, and for example, if someone were to have had lump sum invested into bitcoin like around $1k (or surely maybe even higher amounts) at around $27k/$28k in September, and then maybe continued to buy around $20 per week of bitcoin in the past 10-12 weeks, and so then when BTC prices are around $37k, there can be some dilemmas about how to manage that, and some folks might consider shaving off a bit of the profits, but other folks might consider that they are into bitcoin for the long term, and they are not necessarily going to start shaving off bitcoin prior to reaching a certain level of accumulation.. maybe they want 0.5 BTC and/or $50k worth of BTC value before they start to shave any off.. and they also might want to be at least a minimum of 100% of profits, so they might have a couple of criteria that need to be met prior to starting to trade, and sure they could have lower thresholds of profits and/or BTC accumulation levels, but I have my doubts that it is a very good practice to sell BTC and to be expecting the BTC price to drop, but if they might well get to certain levels of BTC accumulation and certain levels of profits, they might not be so concerned about if they sell a little and the price does not end up correcting back down.. for example selling around 10% of the BTC every time the BTC price doubles... or some kind of criteria like that.


There surely can be problems of selling high and buying low if you have not otherwise, figured out your BTC accumulation goals, but sure everyone is free to do what they want in terms of trying to sell high and buy low and many times it becomes more problematic when these guys are playing with large portions of their BTC stash in those kinds of ways, rather than relatively smaller portions of their stash, just in case the BTC price does not end up coming back down sufficiently to justify buying back some or all of what had been sold.

If there is no good knowledge about trading then there is a risk because many people do not understand the signals of when a currency will go up and down. It is better to invest in bitcoins here the risk is less and if you hold it for long term you can get good profit. Trading is very risk prone. Apart from your trading skills your overall financial condition your market analysis estimated profit making needs and other surrounding conditions are also involved here.

The key to success anywhere cannot be separated from the learning we undergo and the more things we learn, the better the knowledge we gain. Discussion-based forum and there are many things we can learn here, it's just that we need to filter them into consideration when deciding something. Discussions about trading and investment have been going on for a long time on this forum and when they intend to learn, take a little time to read and study it so that their knowledge will increase.

I also learned a lot of things on this forum and used to be very unfamiliar with cryptocurrency, but I was lucky to get to know this forum so I could learn a lot about investing, trading and other things. The internet is so widespread now and there are many places we can learn about trading and investing depending on whether we want to learn or not.

and also trading is more risky than Holding (of course when you are with bitcoin it is safest)

there are many talking about keeping your funds on hold for long term(as in very long term) but for me as what and how the market is showing us? better to sell when there is a Bull market and Buy once the bear comes.
in this you will keep making your finds Higher in value long term.

I think the aim of the Op is to get a profit from investing in BTC, I think it's a bit hasty and I think if re not an expert, if  not an expert, could potentially get fomo because the price of BTC always increases from time to time, but in this case of course everyone has a different response. It's different and I agree with your opinion that investing in BTC is certainly safer, but even though the amount invested is small, if it's for the long term, I think there's a big potential to make a profit. I think using the DCA system and buying every time there's a downturn is a good step.

I agree with you and it is better to collect BTC consistently using the DCA system and that way the mind will be calm and peaceful. but op seems to still be a beginner and I'm sure op will understand about BTC if he dares to ask in this forum because in my experience this forum is very good and has many benefits.

You basically bet on online betting sites. You have thoughts in your head that you want to earn money fast. Investing in Bitcoin or any other cryptocurrency should only be considered after gaining a comprehensive understanding. Some investors may prefer stability and long-term holdings, while others may lean more towards potential profits and the excitement of trading. Whichever method you choose, it's important to be aware of market trends. It is also important to manage your risk effectively and not invest more than you can afford to lose. Both holding and trading in the cryptocurrency market can be profitable, but success ultimately depends on educated decision-making and a clear understanding of market dynamics.