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 mean, you could always do it of course, but there's no much relevance about it..
on the other hand a trader could argue: "look at gold. Gold is scarce as well but it's not always rising".
yes of course, but at the same time it will unlikely come back to its lowest prices, to the price levels of, say, 70s or 80s..
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..
Of course it still makes sense to trade bitcoin, and the reason for that is very obvious, let us suppose that there is a long term holder that is only holding one bitcoin and the price of bitcoin grows 10 times its current price but despite that growth he still has only one bitcoin, the price of his bitcoin has increased but the number of bitcoins he is holding has not.
But as a trader supposing that you have a way to profit from the markets you will end up with more bitcoin in your wallet which will increase your profits in the case you are in the market during the time in which the movement that we describe in the paragraph above happens, a trader will always be more profitable than a long term holder as long as he knows what he's doing, but people love holding bitcoin because it gives great profits with no effort and in a very short amount of time.