Actually, the issue here is not about investors or traders or anything else, it depends on human nature.
Just as you can't say that all Bitcoin investors are greedy, you also can't say that none of the Bitcoin investors are greedy. Because I think most of those who come to invest in Bitcoin at this time or come to invest in the bull season are only greedy because Bitcoin is very high priced at this time.
On the other hand, those who have been holding DCA investment for years and years are actually actual investors or holders. We can't make any assumptions about them that they are greedy.
Because I think most of those who come to invest in Bitcoin at this time or come to invest in the bull season are only greedy because Bitcoin is very high priced at this time.
On the other hand, those who have been holding DCA investment for years and years are actually actual investors or holders. We can't make any assumptions about them that they are greedy.
You rightly differentiated investors with people who are greedy. Bitcoin is not something you just jump in when it's going up with intention of selling it in short duration for huge profit. The one who come with intention of getting profit in short duration are the one who end up in loss. If you want to be a Bitcoin investor then you have to invest and wait patiently to get profit, the wait can be 5 years or more depending on how much patience you have. DCA is a great test of Bitcoin investors because one has to keep investing for long duration to see the profit, the one who can't be a Bitcoin investor quit DCA at very early stage.
Do you know about investors that only invest when the price begins to appreciate, their comfort purchasing moment is at the start of bull run, people who embrace this pattern are the greedy ones because they don't see Bitcoin for long term, all they need is to get profits on their investment within a shortened period, this set of investors are panicers with anxiety on Bitcoin especially when it doesn't go as planned they want to sell at lower price just to get back their invested capital. Long-term investors are not greedy at any point if they desire profits, it is always our right to get return of investment on any assets we issue capital to raise.