Quote from: betswift on Today at 08:21:27 AM

Quote from: Pi-network314159 on Today at 01:42:59 AM

Quote from: Derekfunds on March 08, 2025, 09:28:00 PM

Quote from: Platinumys on March 08, 2025, 09:21:35 AM

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People who argue that investing is less profitable are either traders or people who don't know the potential of Bitcoin and also what long term investment is all about. Just imagine people who invested in Bitcoin 2014, 2015 and has a good fraction of Bitcoin in their portfolio do you know how rich they are now and then compare to people who have been trading it since then and making profit and losing it

even though i will not support trading over investing in bitcoin and HODLing for long, but i will not deny the fact that investing early in bitcoin does not guarantee success. most time we believe that those who bought bitcoin way back during earlier days of bitcoin are super rich but we forgot so soon that there could be many who even sold their bitcoin even when bitcoin was lesser in value compared to todays price, some sold at $10-$20-$50 or $100 respectably when the fraction they have was not even enough to lay their hands on a tangible thing because it was not worth affording a big asset. the people that made fortune as at then can not be compared to the people that bought large quantity since then and hodl till now. so i always find it difficult to believe in the statement that says "people who bought bitcoin early are rich" because certainly not all are rich, because most of them are still regretting till today even after they might have sold their bitcoin and bought bitcoin along the line when the price is high, they still find it hard to believe that they sold large number of their bitcoin at cheap rate then, and now buy lesser number of bitcoin with huge amount.

Only a small fraction would hodl till now.
Others would sell earlier, however - they are still in profit, although a smaller one, and they are probably accumulating more and hodling, so everything is fine in my book.

I believe it's because of real life necessities. There are many people who don't have the comfort of having enough savings in their bank accounts, or have a job that could actually have a salary that could give them the disposable income that they need to invest in Bitcoin.

The majority of us in BitcoinTalk are probably plebs, and some of us need to sell to pay for bills and other needs in life. Therefore, if you're young, single, and have no responsibilities, then you can be irresponsible with most of your savings by Buying the Bitcoin DIP, and HODL. 2019 and 2023 were good years for that, and if the market will actually crash, we plebs will have another Golden Opportunity.