since I discovered this crypto market I have always been fond of trading, and I have always tried to train and educate myself to improve my skills.
On the other hand I always had to live side by side with those who call themselves holders, i.e. those who don't take decisions.
They just accumulate no matter what, based on the faith that bitcoin's price will always increase (I said price, not value, on puropse. They talk about disrupting, about new order but all they care for is to have a share of the pie, like anyone else)
Now, this is the exact opposite of what I think of investing: blindingly relying on something that you cannot control but, for the time being, they are being proved right.
If it proves right that the real, deep power of bitcoin is scarcity, and that this scarcity will always push its value (and price) higher, IF this is true, what sense does it even make trading bitcoin?
I can think of a couple reasons.
It's worth trading if you're confident you can increase the number of BTC you own. That simply compounds the gains from holding.
There are also plenty of people out there who are more concerned about protecting their trading capital (in USD terms) than whether or not they lose coins. Those people will hold USD as a hedge sometimes and will probably lose coins over time. To them, it's worth it to not have to ride out Bitcoin's infamous shakeouts and crashes.
Don't get me wrong, I still hate holders ok, with their mantras, their plan-b and stf shit, butwhat I mean is may be they are right. May be BTC is in that phase where it still pays being herd, the herd of holders..
I can sympathize. And yep, we're definitely in a phase where it'll pay off big to hold.