Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 23/06/2025, 13:01:51 UTC
There are basically two types of investors in the market. One is the type you mentioned, investors who want to make more profits in a short time (who we can call gamblers)
Those who invest in various cryptocurrencies in the hope of high profits most of the time lose their capital [since cryptocurrencies are more volatile]
On the other hand, there are some investors who want to invest for a long time without looking at the near future. From here, those who are patient and can withstand the pressure of the market's downward trend are the ones who succeed. They do not express disappointment that they do not have much money saved and do not lag behind in investment. They enrich their portfolio by constantly purchasing Bitcoin through the DAC method as much as possible from their earnings.
In my own understanding, I think that it's either you are a trader or an investor, and anyone that buy and sell for smaller gains are not investors, but a trader, an investor is someone that buys with the intention of holding for like 12 years or more.
As for those investors gambling on shit coin, I think that it's either ignorance or greed that will make someone to take such a decision to thread that ugly and destructive path, but a real Bitcoin investor wouldn't want to waste his resources on shit coin because a wasted time and effort is even more worse than money.