RE: My Identity Crisis : Trader or Investor?

avatar

You are viewing a single comment's thread:

Am I a trader or an investor ?, I literally can't tell, but I think my opinion in this post can be accepted.

Firstly, I want to appreciate how you structured your post, writing your feelings and idea towards a particular circumstance is very interesting to read.

Secondly, you actually had the idea of becoming a trader, but the bearish situation has turned things the other way. But I would love to spot out something.

Mathematically, you actually loss during this bearish season but ideally, you didn't. This is why: The amount of asset you have are same or even greater than the previous, but got reduced in value(devaluation).

So basically, when a slight increase in Bitcoin occurs, it is certain that those asset are going up as well.

And lastly, becoming a trader during the bear season isn't a welcome idea, except you have that calm to accept your loss.

Yea, before I forget, I am a big supporter of accumulation during bear season, I see is an opportunity to gather as much as we can, inorder to prepare for an exciting bull season.

I will stop here...., Thanks for sharing such a great post, and I hope you recover your losses.



0
0
0.000
3 comments
avatar

Mathematically, you actually loss during this bearish season but ideally, you didn't. This is why: The amount of asset you have are same or even greater than the previous, but got reduced in value(devaluation).

You are right of course, I am only at a loss in $ value which we can even blame on inflation. In crypto volumes, I am indeed up a lot and still accumulating. Still the psychological effect of a loss is there, but in the back of my mind, I am winning!LOLZ

Thanks for the cool and elaborate comment and recognizing I wanted to put in a structure!

0
0
0.000