Do we really need bitcoin?
This is why I would like to know your reply if it is alright to earn profit with bitcoin coming from the new investors of bitcoin? The existing bitcoin holders bought bitcoin cheaper than the new investors that they can get bitcoin at higher price as of the moment.
What do you think?
Who will buy bitcoin to intended to lose money? A newbie who buys bitcoin intended to earn money, not to lose. But of course, earning from bitcoin is base on your trading skills. And it does not mean you bought bitcoin at a high price you can't earn from it. If you sell it at a low price, then it's your fault. But some people who buy at a high price will wait the right time to sell their bitcoin at a higher price to earn from their investment.
How could you know that your profit is from the new investor? Some bitcoin traders buy too at a high price because they know the bitcoin price will rise higher.
A newbie should trade if they know the consequences of trading. You could lose money on trading if you sell it at a lower price, but if you have patience and wait the right time to sell your bitcoin, you can earn from it.