Time to Stop Trading and Start Stacking Bitcoin

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wagmiNewbie
Posts: 107 · Reputation: 14
#1May 14, 2017, 07:03 AM
Trading fiat for cheap altcoins is a waste. You’re just giving up valuable assets and you’ll regret every sat you sold in a few years. Instead of chasing quick gains, just stack that BTC.
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shard_2013Full Member
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#2May 14, 2017, 08:43 AM
Honestly, your argument isn't very strong. If you mean altcoins, I don’t agree. But if it’s about Bitcoin, then yeah, stacking makes sense. Just stop selling your BTC and keep buying more. Mining is too costly now anyway; I'd rather just hold.
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lonecobraSenior Member
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#3May 14, 2017, 11:43 AM
He’s probably just talking about Bitcoin since he mentioned ‘Sat’. I mean, stacking altcoins is super risky. Most folks just want a pump and end up losing. I agree, mining costs a lot and DCA-ing into Bitcoin sounds smarter.
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wagmiNewbie
Posts: 107 · Reputation: 14
#4May 14, 2017, 03:45 PM
100% agreed! Altcoins don’t compare to Bitcoin. The risk is way higher with them. Mining takes a lot of setup, while stacking just makes sense. I wish I had this mindset back in 2017 or 2018.
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#5May 14, 2017, 05:37 PM
Bitcoin is mainly a transaction method. Can’t blame people for holding it as an asset for profit. Trading isn’t bad either if you're using it to build your BTC.
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greg2015Legendary
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#6May 14, 2017, 10:17 PM
I sold way too early and traded BTC for some dumb memecoins. That's cost me a lot. Now I'm focused on stacking as much as possible. Even with the market down, now’s a great time to build up.
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wagmiNewbie
Posts: 107 · Reputation: 14
#7May 15, 2017, 02:31 AM
Respect for sharing your mistakes. The best traders learn from their losses. But yeah, stacking is ideal, yet we should respect everyone’s strategy. Personally, I lean towards mining.
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greg2015Legendary
Posts: 105 · Reputation: 5547
#8May 17, 2017, 04:58 AM
Exactly! We need to learn from the past. Stacking now is key, as future accumulation will be tougher. I can’t mine due to costs, so stacking is the way for me.
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chris_gasMember
Posts: 30 · Reputation: 72
#9May 17, 2017, 07:43 AM
Consistency is key in Bitcoin investing. If people keep chasing altcoins, they’ll probably wonder why they’re not making gains. Stick with Bitcoin; it’ll rise again. Just keep stacking and don’t sweat the other stuff.
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fudbusterSenior Member
Posts: 77 · Reputation: 1344
#10May 17, 2017, 09:12 AM
I’m all for Bitcoin investments, but not everyone should stick to that path for profits. Trading is an option for those who feel they can handle it. Some folks do well in trading; others just can’t.
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#11May 17, 2017, 11:13 AM
Mining is cool, but the setup isn’t cheap. Not everyone trading is converting profits to Bitcoin. Some could be trading altcoins, and that’s how they accumulate BTC.
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wagmiNewbie
Posts: 107 · Reputation: 14
#12May 17, 2017, 02:41 PM
I switched from trading to solo mining after losing cash on hype. It’s slower, but stacking consistently is the way to build wealth. Discipline over gambling, always.
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0xOracleFull Member
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#13May 18, 2017, 07:29 AM
To each their own. Everyone has their approach, and we should respect that. The OP offers advice from their perspective, which is cool, even if we don’t all agree.
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raven_hashFull Member
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#14May 18, 2017, 01:36 PM
I get behind hoarding Satoshis for the long haul, but I don’t think mining is the only way to collect them. You can earn through work or trading too.
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CalmMinerFull Member
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#15May 18, 2017, 05:00 PM
I support Bitcoin investing, but I also believe in strategic buying and selling. Some people have made profits by timing their trades well. Altcoins can be risky, but profits are possible.
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5igm4777Member
Posts: 56 · Reputation: 131
#16May 18, 2017, 11:19 PM
If you have the setup and resources, mining is a solid choice. But it’s tough to compete with pools. Right now, holding seems more feasible for most.
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#17May 19, 2017, 02:29 AM
I can never wrap my head around calling trading just selling. When I hear ‘trading’, I think of the actual market. The OP probably meant to stop trading for altcoins and just stack Bitcoin.
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#18May 21, 2017, 11:07 AM
Not everyone can mine. Some prefer stacking or DCA. Pressuring people to invest isn’t right. Bitcoin is profitable, but dips can make even the boldest panic.
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im_falconNewbie
Posts: 53 · Reputation: 20
#19May 22, 2017, 01:19 AM
Some folks confuse trading Bitcoin for other assets with actual trading. Trading is about getting in and out at the right time, but many don’t grasp that. There are plenty of opportunities in crypto for everyone.
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0xPixelNewbie
Posts: 16 · Reputation: 23
#20May 22, 2017, 06:42 AM
It’s not just a semantic issue; it’s more about understanding. I’ve seen this misunderstanding before, especially from those who aren’t native English speakers. But trading is more than just selling Bitcoin for cash.
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