Short YouTube interview at a Bitcoin event where two speakers (Josh and an interviewer) discuss personal experiences with trading. Speaker B describes starting with buy-and-hold, early losses, then learning to trade using an automated system. The exchange focuses on misconceptions about automated trading (scams, unrealistic returns) and reframes it as a slow, compounding way to keep money working.
Josh, man, so nice to see you here at the Bitcoin event and to hang out. When did you start trading?
Well, I started trading.
By buying and holding.
I lost terribly. So I didn't have any knowledge. I didn't get into trading until I really used the system.
When I talk to people, some people are reserved about automated trading. You know, what are the things that people think that they can't do it or they're not smart enough to figure it out or.
Yeah, yeah. Usually they think it's like a scam. They think that it's too good to be true.
It's not making you 50, 60% a day.
Like. Yeah, you know, it's not.
A get rich quick scheme.
Yeah.
It's a slow compounding gain. It's a way to keep your money making money. Right?
Yeah, exactly.
