Post
Topic
Board Trading Discussion
Re: My small advice about crypto market
by
liberty02
on 26/06/2018, 03:17:04 UTC
Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

While I do agree with your bolded statement I think your thinking of Investors and defining them as traders. Investors as you mentioned HOLD for a long period and usually let the cycle run its course. Traders on the other hand are the ones that buy for the sake of selling them in short period of time to gain and those are the worriers that keep popping up and creating new threads here because they are losing money.

Their fear stems from constantly looking at the prices everyday and thinking that if they sell now they can minimize their loss because their thinking is being influenced as well by all those media experts saying that bitcoin is going to die. They can't help it because they are losing money now, and they want to do something about it, they can sell now and lose only some or they can login to bitcointalk and rant all day long that they are losing money which I think is the case for most of them here.