Quote from: 7juju on September 23, 2025, 08:58:28 PM

Quote from: justinlamode on September 23, 2025, 07:54:44 PM

Quote from: As-Soon-As on September 22, 2025, 11:59:43 PM

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.

Yes of course it is traders who chases short term profit most of them buy bitcoin when the price is low and target to sell when there is an increase in price of bitcoin and this is not how we should approach bitcoin as an investor that practice is for traders and gamblers, an investor will buy bitcoin and hodl for long because there is an advantage of holding for long what the traders sees as profit can't be compare with what an investor will gain if he continues buying bitcoin and hodl for long and not to sell for little profit.