3. Gamblers just hold. If you do not have any more BTC to put up buy orders that means you are gambler, period.
I disagree. If you do not have any more BTC to put up to buy orders that means you are FULLY INVESTED.
Investors hold for the long term, Gamblers buy and sell as the price goes up and down.
subSTRADA was talking about traders... not investors. They are different!
Problem is that you noobs think investor is someone who buys and holds no matter what which is not true.
You are confusing PRICE and VALUE. Investors know the difference.
PRICE is what you pay.
VALUE is what you get.
As long as the value is greater than the price, investors BUY. When the Price exceeds the value, investors SELL.
Thats why, as the price goes down, investors hold, because the value is still there.
Investors dont sell physical silver or physical gold, irregardless of the price manipulation at the COMEX. We recognize value, and take advantage of the low price.