Quote from: TheGreatPython on November 13, 2021, 09:05:24 PM

Quote from: Wind_FURY on November 13, 2021, 10:41:13 AM

you can prove it for yourself, try HODLing Bitcoin vs. Trading then track your 10 year results. Plus statistically 90% of active “traders” lose their money to the top 10%. That’s a fact.

OR, I believe MANY of you from before 2017 have experience this. Recall all your trading losses in Bitcoin and compute how much you would be having now if you merely HODLed.

I agree with the half of your statement but I disagree with the other half or more like I do not have data for that. I agree that yes if you hold bitcoin and not trade it, then there is a great chance that you would make a profit from it. Buy bitcoin today and wait for 10 years and you would be doing much much better. However, there is also the fact that traders could make profit, we do not know how many of them make a profit.

But the people who have made significant profit are only the top 10% of traders, 90% will always be left in pleb-world. That’s the truth of the game.

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You are saying that 90% of active traders lose their money but there is no proven data for this, you are just making it up, this is the part that I can't agree with because there is no data to back this claim up. So yes, holding is guaranteed profit, so why would people trade I do not know, but if they are making more money than a holder then it would make sense.

There’s no comprehensive evidence to conclude that 90% of active day-traders always lose, some researchers conclude that the losers are only 80%, but there are arguments that the losers can also be higher than 90%, because trading is a zero-sum game. The profits will come from the unprofitable.

Research “90% of traders lose”. You will see NO strong challenges vs. that statement.