RE: Buying BTC cheap is easy, but waiting 1-2 years is difficult

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RE: Buying BTC cheap is easy, but waiting 1-2 years is difficult

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ogaaloysius in #aliveandthriving • 3 months ago

Buying BTC at 70k and holding for 1-2 years that's a clear plan with patience. I respect that.

The garden and birds at the end really stood out to me. It's a beautiful reminder of why we build not just for money, but for peace.

I'm still learning, brother. I don't know how to trade yet ,only DCA and hold. But I want to learn. If you're open to it, I'd be grateful for any guidance you can share. Even just pointing me in the right direction would mean a lot.

Would you be willing to connect and help me understand how to start trading? Not big risks ,just learning the basics.

Either way, wishing you a good harvest and singing birds.

3 months ago in #aliveandthriving by ogaaloysius

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urrirru 3 months ago

I recently read an article about 500,000 crypto traders trading daily for a year. After a year, only 5,000 of these traders made money. This is a clear example of what not to do. Don't trade every day. Only positions lasting for months and years, and with reasonable leverage. For BTC in a bull market, I would use 4-5x leverage and set a stop loss.

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ogaaloysius 3 months ago

That statistic is sobering,500,000 traders daily for a year, and only 5,000 made money. That's a 99% failure rate.

It really drives home what you're saying: trading every day is not the way. Patience over frequency. Positions that last months or years, not hours or days.

The 4-5x leverage with a stop loss for BTC in a bull market that's specific advice. I'm still learning, so leverage still scares me a bit. But I understand the logic: small leverage to amplify gains, but a stop loss to protect from disaster.

Thank you for sharing this. It's a good reminder that in crypto, doing less can sometimes mean winning more.

If you have any recommendations for where a beginner can learn more about position sizing and stop loss placement, I'd be grateful.

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iceledy 3 months ago

Thank you! !ALIVE

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