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    Author Topic: Hodling vs trading  (Read 1902 times)
    CryptoBuds
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    November 29, 2023, 09:25:21 AM
     #161

    Obviously holders have a long time preference and traders are trying to get rich quick. The crazy thing is that even knowing Bitcoin is the greatest performing asset in human history, people still want to trade it instead of holding it. Even with all the billionaires holding has created and all the people who lost everything trading, people still think they’re going to trade themselves to wealth, missing out on doing so by not holding.
    You are right OgNasty, but how about those traders that are very good at trading? Some are making fortune from trading only, I know like two brothers who are living the dream because of trading, I know that majority of traders are not professionals but some are really doing so well with trading.

    I accept that holding is the best thing to do in crypto space, it erase the exposure of risks everyday trading and losing part of your assets, and it's very straight forward, just find a way to survive for long you will do really well, but people somehow prefer earning some money per day, even if it's very low in value they seem to prefer it to holding for longterm.


    I still favor investors over trading because I am also an investor. But it cannot be denied that there are many people who are making money every day from trading and can change their lives through trading. I don't remember the exact names but even on our forum there are some people who have confirmed their daily income comes from trading and they are doing very well with it. Trading is risky and not suitable for many people, but that doesn't mean everyone loses money by becoming a trader. But, why don't we combine the two?

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