If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.
You will see that every area of life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.
The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously
Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market.
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".
Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.
Before diving into the difference between gamblers and real bitcoin investors, it will be interesting to know who these personalities and professions are all about.
A gambler is an investor who stakes on the outcome of a sporting event at a specific odd within a short period of time, with the intention that it ends in his prediction with the knowledge of his potential winnings. A gambler may lose all the funds invested or may increase his invested funds according to the odd allotted for such sporting event.
On the other hand, a real bitcoin investor is a person who buys bitcoin and hoard it for a long or short period of time, until there is a high demand for bitcoin which makes it appreciate in value.
Hence, the difference can be summarize below:
1. A gambler invest in a specific odd with the idea of the potential winning, while a bitcoin investor doesn't have an idea of the possible outcome.
2. A gambler can lose all his funds within a blink of an eye, while a bitcoin investor can only witness a depreciation in value.
3. A gambler relies on history to make his predictions, while a real bitcoin investor relies on market value.