Taking this question out of my personal curiosity of the market and how each bull run. Ale more millionaires in the bitcoin ecosystem, via trading vs holding.
The millionaires in my own view should be the traders even though they’re not going to be many as those who hold for a long time till bull run. What distinguishes them is that, as a a trader, you’ll be risking a lot while trading to make sufficient money as those that have hold for long, it will only make you become more emotional and apply some proper risk management before you’ll get it right.
While as an holder, at bull run, you just watch the market bringing in those profits for you and you just basically have to sit down and watch your portfolio grow. It involves very low or no risk, no emotions attached and just excitement to see your saving ma grow bigger after waiting for a long time for it to grow.