Post
Topic
Board Bitcoin Discussion
Re: Top mistakes of newbies in crypto
by
batang_bitcoin
on 24/09/2022, 22:17:56 UTC
4.  short term view


the real wealth in crypto is made only by founders or holders , not by traders. even if you trade for rest of your life , you will never outperform the guy who bought bitcoin and Ethereum 5 years ago. analyze the data and don't be greedy. long term matters.
The newly came people in the market thinks that it's easy that they can make a lot of money from  investing in a short term process.
They don't know that it's more difficult to have themselves profit in the short term because through volatility, they'll never know if that's already the peak or the bottom where they can start buying.
True to it that most of the people that makes a lot in investing are the holders and the most patient folks.