In conclusion, it is very important to remember that losses are part of investing in bitcoin and cryptocurrencies and as investors, we must be prepared for them. Don't get caught up in negative emotions such as anger or disappointment when you experience a loss, but use it as a lesson to improve our investment strategy going forward.
I also want to add, like you said, don't claim to be an investor if we can't understand that investing is part of the risk, so whatever we have to accept the risk. Apart from what you mentioned, I think we also have to be able to distinguish between investors, traders, speculators and gamblers because these four things are very different. Each of these activities has a different analysis and of course the action is also different.
An investor aims to generate long-term profits by purchasing assets that have increased in value over time. Investors usually have strong fundamental analysis and consider economic, financial, and industry factors before making investment decisions. Investors usually invest for a longer period of time and are willing to take on greater risks for greater returns.
A trader, on the other hand, tries to take advantage of market fluctuations in the short term by buying and selling assets in a relatively short period of time. Traders usually focus more on technical analysis and make decisions based on price movements and market trends. Traders usually seek to make profits in the short term and are willing to assume higher risks to achieve this goal.
Speculators are, by nature, more aggressive traders and tend to take bigger risks. Speculators usually look for opportunities to make big profits in a very short time and pay little attention to the fundamental or technical factors that support their trading decisions. Speculators tend to have a very high risk tolerance and are willing to accept big losses if they are unlucky.
Gamblers, on the other hand, tend to take risks without doing adequate analysis and only hope to win a fortune. Gamblers do not have a clear investment or trading strategy and often make impulsive decisions. Gamblers usually do not consider fundamental or technical factors and only rely on luck to make profits.
Therefore, it is also important that we don't pretend to be investors if we can't distinguish between investors, traders, speculators and gamblers. Because each of these activities has different risks and potential benefits, it is important to consider these factors before making our investment decisions.