Exactly, it's just like serving two masters at the same time which can't be possible at once, a traders mindset is to take profits when the opportunity arises whereas, investors need to hold their profits for longer period to gain better profits in the future and even add to it periodically to grow better, those are two different mindset that can't be achieved by one person that why you'll either choose to do any, however I won't advise people to thread the risky path, I mean the part of trading, it better to buy Bitcoin and hold the major requirements are having your discretionary funds intact and being patient which is very possible if the person is determined.
I wont be surprised to find out that they are traders and not investors in disguise. They know the which is better and still prefer trading because of quick profits. At the same time, devising a way to justify their trading actions. You know the most annoying part of it all is that, they end up using money they get from their investment later on in the future to cover up the losses they get from trading. The only way a trader can be an investor is if he/she is investing under an institution like 21 Capital or MSTR. That way he cant tamper his investment until the maturity date.
Yes, choosing to invest long-term in Bitcoin is certainly the right move. Personally, I believe there are several disadvantages to being a trader. Believe me, trading is very tiring and requires a significant amount of time each day. Traders typically conduct market analysis and monitor the market daily. Believe it or not, being a trader is emotionally and mentally draining. Fundamentally, when we trade, our money can be lost at any time due to liquidity. That's why I say being a trader is emotionally and mentally draining. Finally, many crypto traders make it their primary job, and I believe this is the danger of being a trader. This can lead to the loss of a real-world job. And if we experience losses from trading, our lives can become a bit stressful. Therefore, it's better to invest in Bitcoin. It's certainly safer.
I agree with you. People who spend time to trade will almost certainly face financial losses initially because most traders opt for short term trading in the hope of getting high profits. Trading is actually a tiring and boring lifestyle. Watching the price rise and fall repeatedly while always in fear of losing money will make you anxious overall.
Spend your time on Bitcoin and long term investments. Even if you have little knowledge about Bitcoin you should start accumulation initially. If you do not have a reliable source of income but have a very low discretionary income and are interested in becoming a Bitcoin holder in the future. You can still accumulate in the long term through the DCA strategy by small amounts.
Accumulation Bitcoin through the DCA strategy will assist you get huge holdings in the future so you should have the practice of continuing to buy regularly in any situation of price fluctuations. Consider buying Bitcoin as the opportunities. The possibility of price increase is very high with increasing demand.