> My only regret was not leaning harder into it when I bought it at $4 CAD / BTC.
In another universe, you're commenting on HN, saying "investing in bitcoin was a complete waste of money, after it was abandoned en masse in 2015".
Hindsight is 20/20, that goes both for missing opportunities, and for losing money.
For every example of someone like you that says "it's easy, just time the market, and you'll make a bunch of money", there's several people that tried, and failed.
In the end day trading and timing the market are gambling. It's no different to betting on the result of a sports match, you have information and odds, but in the end, there is the random element. For every person that strikes it rich betting on horses, there's a lot of people who lose a lot of money.
The difference is when you write out your reasons and you find out 3 years later that you were right.
It can be gambling, but that's like saying dating is gambling because there is an element of chance involved with whether or not you get physical with someone.
No. It's not. There are people that are good at romance. There are people good at understanding and predicting technology. This whole mantra of "it's just gambling!" is by a bunch of people that didn't have an approach rooted in discipline and science.
In another universe, you're commenting on HN, saying "investing in bitcoin was a complete waste of money, after it was abandoned en masse in 2015".
Hindsight is 20/20, that goes both for missing opportunities, and for losing money.
For every example of someone like you that says "it's easy, just time the market, and you'll make a bunch of money", there's several people that tried, and failed.
In the end day trading and timing the market are gambling. It's no different to betting on the result of a sports match, you have information and odds, but in the end, there is the random element. For every person that strikes it rich betting on horses, there's a lot of people who lose a lot of money.