You make it seem like Trading only involves day traders
Even someone who buys and Holds is a trader. Eventually, when he or she is done holding, he/she would have to trade the BTC off.
And can you please tell me a kind of investment that only profits and never involves losses. Am talking about making profits not compounding.
If you want to invest, do it the right way first and then sniff around more speculative stuff like crypto.... Consider this please: Split your capital between SAOIX and RPMGX, set up 100 dollars a month going into it every single month, and forget about it. It will make you a millionaire someday.
Even in this case, you are relying on the hope that the price keeps growing and doesn't instead keep dropping... because if it does no matter how much you keep compounding, you may end up in negatives. Here you are contradicting yourself.
If we are talking about buying and selling BTC and trying to accurately forecast the fluctuations, then by no means should people just start throwing away money. The only reason every knucklehead who opens an account is making money is because the price has gone straight UP.