Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Hamza2424
on 26/05/2024, 09:34:29 UTC
I doubt that your numbers for traders versus investors are correct with any level of precision (in other words you are making up numbers to make your claims sound good, even if your numbers might have some truth to them), yet even if we agree that a lot of people treat bitcoin as a trade rather than as an investment, I doubt that it is a good idea to promote such dumbness as if it is a good thing to do, especially since many of us already recognize and appreciate that bitcoin remains amongst the best, if not the best investment available to anyone on a world-wide basis, so if you happen to know that kind of information, then why would it be a good idea to encourage trading it (or gambling with it, rather than more sound practices), merely because potentially a lot of folks are doing that.  Pretty weak logic there Hamza2424.

Hmm Yup, the number is random and based on my assumptions to put some weight in the Observation, so can say that logic is pretty much weak what I wanted to portray is that most people do invest their money for the long run but after experiencing the market pressure in bear run they use to get out in sense of saving profit and such people can't be considered as long term investors or even investor they'll fall in the category of traders because they cant hold patience on the profit and future potential. So they sort of compromise on saving profits as traders do.


__SNIP__


For the rest, JJG, I would say people are greedy, they love to gamble in blind trade with Bitcoin on someone's suggestion or listening from someone that he made a lot of money from Bitcoin they don't look into the depth, they just jump in, and such people when they are in profit cant resist their greed level and its natural if you are in 50% to 80% in profit on your investment and your only motive is to make fast money you'll book and get out of it. people are rare and have a strong investment mindset.


Haha, anyway this is the quote that has been pending for a long time, I've got some time today and made my comment on it.