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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
7juju
on 23/09/2025, 20:58:28 UTC
⭐ Merited by JayJuanGee (1)

If you want to make more profit by investing in Bitcoin for a short period of time, then it will be trading,
Your statement is misleading in the sense that trading does not guarantee that an investor will making big profits and very fast. The reality of most traders is that they lose money because trading is a risky business. Statistics has it that as high as 95%of traders fail, a number that may seem too high and impossible but it is true. This is why it is better to put energy in buying and holding Bitcoin rather than trading it for quick profits because such is like a trap.
I don't see what's misleading from what the OP said, I think it's you that's contradicting yourself. We are not interested with whatever statistics of what happens with traders whether 95% or 100% of them fails, It is the fate that we already know will befall them from the beginning that's why people are encouraged to stay away from such practices. The OP only said if you are chasing profits in a short term that you are a trader and I agree with that. Nothing misleading there.