“Oh my god, I bought in and it tanked”, “I lost everything, but it was doing so good!”, “Anyone wanna send me some coins?”, “Bitcoin’s definitely gonna pump/crash 50% tomorrow”, “What alts should I buy?”, “Check out my buys, should I sell or hold?”
Seriously? I’m floored by the so-called “traders” in here 🤦♂️. Feels like yesterday’s gamblers from sports betting and online casinos just migrated over to try their luck.
Here’s the deal: you’re either investing or you’re trading. Investing is when you buy Bitcoin and literally don’t give a damn what it’s worth in 5 minutes, because you’re cashing in years down the line. Trading is when you actually know what trading is, not from some Reels or TikToks, and you’re grinding it out every day, putting in hours for the past 5-10 years.
If you’re just getting lucky here a couple times – 10 times, 100 times, whatever – you’re gonna lose it all eventually. No matter how much you think you’re “winning” (yeah, winning, because you’re just playing), the game always ends. And it’ll end for you.