Quote from: emmybd on July 24, 2021, 10:18:47 AM

Cryptocurrency investors are more 'risk-averse' than traders, since they are more comfortable with leaving their investments alone and are not concerned with the daily price volatility. However, traders are risk-takers since frequent trading incurs a much higher degree of risks. This is because the extreme volatility of short-term cryptocurrency prices can present traders with the opportunity to make lots of money but could be equally disastrous if they are on the wrong side of the bet. Additionally, traders often engage in margin trading, which is a practice of borrowing funds from third parties to trade cryptocurrencies. Margin trading significantly increases the risks of trading since the traders have the ability to make more money (as compared to using their own funds) but also increases their potential losses.

I honestly believe that there is a good chance we could end up with a lot of profit only if we could ignore the price. I have done that for a very long time now and I am very happy with the results. I am not only invested in bitcoin, I am invested heavily into eth and bnb as well and making profit in both of them, and I have invested in some smaller coins as well like uniswap and cake as well and making a profit in both of them as well.

In short, the ability to ignore the price allowed me to make a good profit in the long run, and for some people that is not easy for some reason, but an investor could make a profit 100% guaranteed given enough time whereas a trader may end up losing money all the time forever if they are bad at it, or they could make a lot more profit than an investor if they are good at it, so it is a risk that you take while becoming a trader.