Quote from: RealMalatesta on June 08, 2022, 05:32:54 PM

Traders may not feel the same way, because traders are not after making a quick buck, they are after making a huge profit and that is why they are not seeing this return. However, if we are talking about long term investors, they see a lot better in the future of crypto and that is why they believe that the investment you make right now, should be fine because we believe it will be higher eventually anyway.

Day traders know their game too, they would rather day trade than hold - their daily earning is not huge but enough happening everyday keeps the machine going. While long term traders will make medium chunks of money at a certain interval, so both ends up equating to an extent. Of course it is a matter of choice and practice, but day trading is more risky than long term. Those who have the faith for long term also often day trade because they know bitcoin is here to stay. The ones who dont have the faith and still day trade are going to lose.

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If you are willing to hold bitcoin for 5 years versus max 5 days, then you will know the difference. So this dip, is a miracle for some people, miracle that they didn't believe it would happen and that is why it is loved by many so much.

5days max is often the goal for many newbies - you will be surprised to know how many are out there doing this. For them a dip is like the end of the world. Not having read charts and previous market movements leads to these types of wrong decisions.