Quote from: posi on December 27, 2020, 02:19:03 PM

I'm used to the bonds trading investment but there are some crypto exchange site like etoro etc that provide bond investment and about 1% whales have access to something common people cannot access is widespread in almost all investment setting and for this not to be a subject in crypto is the reason why Satoshi market Bitcoin decentralized.

Yes, that was the main argument I was trying to make that those 1% usually can trade something what most of us cannot. Even with etoro and others, they rarely bring something entirely new or something "from elites" to the common people. This is what we are doing now

Quote from: posi on December 27, 2020, 02:19:03 PM

You are right but it good to count one blessing not to be ungrateful or blaming Bitcoin for their own mistakes.

Yes, you are correct. Bitcoin, same with nuclear power, and just hammer - was created to solve something specific, but got/getting misused by hummanity.

Quote from: Psynthax on December 27, 2020, 03:13:41 PM

They usually took profit from occasional pumps and dumps, it could be easily done if you trading short term because these pumps and dumps are like waves, there's time when it goes down but it will surely make a recover if the coin is good enough. By that, despite the bearish market they could still make some money and the rest of them more specifically long-term trader always bag holding and keeps buying when the coin is at its lowest point.

Yes, you made a great point. With short-term trading profits are typically more volatile, but if you invest and wait long-term and able to survive temporary price swings then can earn better ROI and take advantage of shorter term P&Ds.