I might understand trading stocks in a company. There are things about companies that you may be able to understand by studying the success of the company you are investing in. But, Blows my mind that traders trade Bitcoin. Theyβre just doing it to build their stack of Fiat larger. Trading Bitcoin is a fools endeavor. Somewhere between 75% and 95% lose their money trading Bitcoin. Bitcoin should be bought to save with it, till you can use it to buy something you really want or need. If Bitcoin were not traded, and instead used as it was designed to be used, its value would rise in a steadier slower predictable manner. With traders, the whole thing is a big gut wrenching roller coaster of emotional turmoil. With most traders ending up throwing in the towel, and moving on to something more predictable. Like sports betting! The bad news is that traders will not stop trading. Manipulators will not stop manipulating, even tho they may be out manipulated by another manipulator. The good news is that if you zoom out, and donβt fall into the traders trap, then the value of Bitcoin does grow steadily, and will continue to grow steadily as people that do understand what Bitcoin really is use it the way its supposed to be used.
Coney Croft
Coney Croft
npub1dxeg...2cyj
I get physicist! The study of the infinite properties of everything.
3I/Atlas is a seed seeking a solar system with a planet to crash into, to impregnate and create life.