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    Author Topic: Buy the DIP, and HODL!  (Read 192423 times)
    CageMabok
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    January 19, 2023, 08:41:59 AM
     #1741

    Greediness and foolishness are not same at all. For a trader, S/he should think carefully in every steps. I don't think there is any need to buy continuously where there is a chance to get capital back. I'm also holding Bitcoin and it doesn't prove that I'm also a greedy one but as a trader, I've already withdrawn my capital. Now I've Bitcoin more than what I bought at the first time. It's a continuous process to maximize wealth rather than profit maximization.
    It really cannot be compared because usually greedy people are much smarter in seeing opportunities, although sometimes they also forget about the risks that they already understand. And this is certainly different from stupid people who are always easier to be deceived by anyone in any case because they tend to easily believe what other people say.

    Your own efforts in securing initial capital and trying to gain profits and wealth are absolutely not wrong to do because that is the ultimate goal of everyone in this world. Except for those who no longer care about the wealth in this world. But as long as people still feel they are poor, then that person will continue to seek wealth through the profits they can achieve and that is very reasonable in my opinion.

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