01-31-2022, 06:16 PM
For fuck's sake. Decide if you are a trader or an investor.
<!-- SC_OFF --><div class="md"><p>I don't know why people don't understand this but being an investor is very different from being a trader.</p> <p>You are a trader if:</p> <ol> <li><p>If you are after quick profit.</p></li> <li><p>You want to cash in on your investment by selling at a pre-determined price.</p></li> <li><p>You are constantly looking for promising buying opportunities.</p></li> <li><p>You love the thrill of a volatile market.</p></li> </ol> <p>You are an investor if you are:</p> <p>1.looking for long term profit. </p> <ol> <li><p>Don't want to spend much time/energy following price movements. </p></li> <li><p>Want to sleep well at night.</p></li> <li><p>Willing to leave your money in one place for a long time.</p></li> </ol> <p>Now if you are an investor, you should be ready to wait for the next bull run. So stop bitching about the prices and move on.</p> <p>If you are a trader then you should have minimized your losses at the start of the bear cycle. If you didn't, then you clearly are not good at what you are doing.</p> <p>If you are a trader you should try using the hype around coins and sell without being too greedy. </p> <p>If you are an investor just ignore the hype! You want something with long term prospect. </p> <p>Just decide what you want to be and stick to it.</p> <p>Edit: it seems I have to write another piece about "why you can't be both" soon. Half of what people say in comments about being both a trader and investor are actually still being only one of them. My understanding is most people here are short term investors. At least according to more than 300 comments I have read so far. And we have very very few actual traders in here.</p> <p>Regards Vve</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Successful_Craft3076"> /u/Successful_Craft3076 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sh0aut/for_fucks_sake_decide_if_you_are_a_trader_or_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sh0aut/for_fucks_sake_decide_if_you_are_a_trader_or_an/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I don't know why people don't understand this but being an investor is very different from being a trader.</p> <p>You are a trader if:</p> <ol> <li><p>If you are after quick profit.</p></li> <li><p>You want to cash in on your investment by selling at a pre-determined price.</p></li> <li><p>You are constantly looking for promising buying opportunities.</p></li> <li><p>You love the thrill of a volatile market.</p></li> </ol> <p>You are an investor if you are:</p> <p>1.looking for long term profit. </p> <ol> <li><p>Don't want to spend much time/energy following price movements. </p></li> <li><p>Want to sleep well at night.</p></li> <li><p>Willing to leave your money in one place for a long time.</p></li> </ol> <p>Now if you are an investor, you should be ready to wait for the next bull run. So stop bitching about the prices and move on.</p> <p>If you are a trader then you should have minimized your losses at the start of the bear cycle. If you didn't, then you clearly are not good at what you are doing.</p> <p>If you are a trader you should try using the hype around coins and sell without being too greedy. </p> <p>If you are an investor just ignore the hype! You want something with long term prospect. </p> <p>Just decide what you want to be and stick to it.</p> <p>Edit: it seems I have to write another piece about "why you can't be both" soon. Half of what people say in comments about being both a trader and investor are actually still being only one of them. My understanding is most people here are short term investors. At least according to more than 300 comments I have read so far. And we have very very few actual traders in here.</p> <p>Regards Vve</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Successful_Craft3076"> /u/Successful_Craft3076 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sh0aut/for_fucks_sake_decide_if_you_are_a_trader_or_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sh0aut/for_fucks_sake_decide_if_you_are_a_trader_or_an/">[comments]</a></span>Kind Regards R