People who invest without leverage will win someday, because those people holds real coin or crypto.
And, those who trades on binance or bybit with leverage will get liquidated. Just like forex!!
When there is a knowledge on Risk Management, and how to protect profit when trading, then losing everything will not be the end result. Both traders and investors are up for same thing, which is Profit making with every possible minimization of loses, and I am sure they both will take profit protection seriously to avoid blowing up the account.
For investors, making investment on solid background coins, that is trusted is the major choice, and which in the crypto market is Bitcoin and top altcoins in the market, while traders will need to be well equipped with every basic knowledge required for profit making and protection.
Risks management is the key and come to think that investors/holders arent that 100% safe or risks free on losing money on which we know that there's no assurance when it comes to investment it doesnt matter whether dealing with crypto or with those typical traditional investments that we do know. Just like on what been said that it all matters about risks management because if you arent that good at this then you will be that get messed up on the current thing that you've been dealing. Even lets say that you are just that simply holding but since there are those moments that when peak price do happen or new all time highs then its not that bad to think about selling out your holdings for securing profits. We do know that market do have its cycle on which at the time that it do have its peak then its recommended that you do sell out and buyback when it comes on bear period. There's no such thing about winning at the end because whether you are an investor or you are making active trades. You are still sharing up on the same target or goal on which is to make money.