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RE: Are you an investor or a trader?
Great article. I think it is applicable well beyond the crypto world.
Most people have been brainwashed into thinking they are even investors. No, most of you are not investors. Investors run cost benefit analysis, know what EV stands for, dollar-cost average according to a rigid timeline, etc. Most of you are SAVERS - you make more than you spend, and you need somewhere to put money. Logically, you try to save it in the places you most believe in, but unless you are undertaking a near-full-time job of rigorous research, analysis, and skepticism, you are not even investors, let alone traders.
Always have a plan if you loose everything, and assume you know less than you do. In other words, be very, very careful.
Very well said @lexiconical. I see the words "investments" and "investors" thrown around in the public sphere these days that one might think that almost everyone is one.
One of the issues of using any words more often then they should be used is that the words get devalued and you get to a point when you don't really know what or if those words mean anything anymore.
"If you tell people that everything is subjective, that their whole life is based on fictions, you're helping authoritarians making any kind of criticism impossible. When there's no truth, the only force left is violence."