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?
I see that only big investors can really make money on Bitcoin. As when you invest 1 million of dollar in Bitcoin and it increases by 10 per cent, you get 100.000$ what is also a big profit, but if you have only 100$, you get only 1 dollar while the same growth. So for small investors it is more preferred to invest in something more risky. As I am also a small investor, I invest in defi-projects that give me around 50% apr.