Post
Topic
Board Speculation
Re: Buy every dip!
by
ZeroVinsonN
on 31/03/2025, 08:33:14 UTC
Not only being quickly rich, traders reason but also, they feel trading is less risky than investing on Bitcoin, they feel they can quickly cash out at anytime because they don't know what the price of Bitcoin will be in the next minute so that they should not be at loss, the fear of them losing a bit of their money is what they dont want to experience, getting quick wealth can also lead to quick poverty, they have failed to understand that investing in Bitcoin is preferable than trading because it is less risky, whatever happens in the market an investor is so relaxed because he knows he is HODL for long-term of about 4-10 years which no matter how the price of Bitcoin goes up and down, at the end he will be more profitable than a trader .
This is exactly how trader think, 100% of the time, they feel that thr longer their money is in an investment, the higher their chance of losing it, so instead of going into long term investments, they go for short term trading with hopes of cashing out early, most trader go into tradieto feel among, their peers are on a relatively good amount of cash and they believe trading evens the playing field for them, they believe it gives them the chance to catch up to their peers so they put their money into trading rather than investing it, they fail to realize that in their attempt to make quick cash they end up losing greater opportunity.