Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wachtwoord
on 11/04/2014, 16:54:52 UTC

There are several factors why people do not daytrade :

1) They feel safer to have their coins in the coldstorage and not on the exchange - nothing wrong with that
2) They understand that trading is a serious deal, that you cant just jump in right into it and make money - nothing wrong with that
3) They have other job and its more profitable/comfortable for them to just focus on their job and buy more coins when the price is right - nothing wrong with that


4) They feel that in the best case trading is a zero sum game in which they have no edge and worst case pure gambling (with a preference for the latter theory) Smiley