Quote from: COOLCRYPTOVATOR on August 23, 2021, 03:19:50 AM

We often notice rich people become rich day by day. It's no different for Bitcoin as well. Because we can see the most benefited person from Bitcoin is big investors, mean definitely they are rich. If you agree with me then why do you think most big investors are gainers and why most small investors can't gain.

For me, I think financial stability works behind our success in life. So same goes for Bitcoin investors as well. The rich person could invest for a long time. He doesn't have problems even he doesn't sell his holding even during very bear markets. A financially stable person even could hold 10 years. But like us who are small investors, we aren't stabled financially. As a result, we don't when we have to sell our holding for need. That's how we become losers even we intend to hold for a long time. I am a real example of that recently.

Do you think financial stability is mandatory to be a gainer in Bitcoin investments?

Obviously, no matter how much we talk about percentages, a person with higher capital is actually earning a huge amount, 20% of $1000 is barely $200 while 20% of 1 million dollars would be equal to $200k, and also the effect of compounding also doubles up the gain these investors make. Secondly, talking about financial stability, I have always recommended people should invest in cryptos what they can easily afford to lose, it's only because of that fact because you might need to sell it at very low prices someday when you urgently need the money, therefore making it more or less unprofitable, Big investors make portfolios, they spread up their investments in different sectors and different crypto which definitely is a more organized and structured way of making investments, but yes the biggest thing especially in crypto space is that whales make easy money because they have access to information that a retail investor doesn't, also they operate most of the times in cartel making it even more profitable.