"炒" means trading. "储" means HODL. HODL is a misspelling of HOLD, so it became a cultural meme. Holding on to something without moving is HODL.
The market is often filled with various myths about how to get rich, and stories about getting rich through trading are especially popular among people.
But when it comes to BTC, if you think deeply about the logic behind it, you will know that traders will never be able to defeat hoarders.
What we are examining is the traders and hoarders as a whole, not a specific trader. A specific trader can, of course, quickly accumulate a lot of wealth through redistribution among traders through cutting and being cut.
However, it is somewhat similar to the famous saying of US President Lincoln that you can defeat everyone at some time, and you can defeat one person forever, but you cannot defeat everyone all the time.
It's common for trading masters to become famous for a while, but many quickly fade into obscurity, and it's rare to hear of anyone remaining famous for a long time.
Traders generally only extract value in the so-called market.
Hoarders obtain value through various off-market behaviors, and then transfer it to the market and convert it into increased holdings of BTC.
The only way for hoarders to obtain off-market value is to create value for others, that is, to meet the needs of others. For example, if the main business of a hoarder is to sell steamed buns, then he can earn a certain amount of income by providing steamed buns to others.
Traders do not rely on off-site income to increase their hoarding. Therefore, in the off-site, traders are demanders, not service providers.
The hoarder sells the steamed buns to the trader, and the trader pays the hoarder. The hoarder converts the income from buying steamed buns into BTC, thereby increasing his BTC position.
There are many OTC economic cycle paths like Mantou. The only direction of all paths is to eventually lead BTC from traders to hoarders.
As long as traders need to eat, wear clothes, and travel every day, they cannot prevent BTC from flowing from their hands to the hands of hoarders.
In the fiat currency system, the way for traders (speculators) to crack the system is to bind themselves to the money printing machine. They have transformed themselves into entrepreneurs who are keen on capital operation, venture capitalists who pass the buck in the primary market, and entrepreneurs who use connections to hype up concepts and valuations. All methods ultimately lead to one thing: let the money printing machine print money for them to spend. Savers (hoarders) will never be able to earn enough money to use up the unlimited supply of money from the money printing machine, even if they steam buns until they die.
In a system with this inherent unfair buff, traders (speculators) always beat hoarders (savers). Getting something for nothing is far better than hard work.
On the other hand, for BTC, which is an accumulative asset that is not controlled by traders, hoarders (savers) will always be able to beat traders (speculators).
Those who do not produce always have to give up their BTC and hand it over to producers in exchange for the products in the hands of the latter (for example, steamed buns).
The BTC in the hands of traders will inevitably flow to hoarders.
Unless, the hoarder is deceived into trading and loses his BTC in the market.
Otherwise, hoarders are bound to beat traders in the long run.
In a nutshell, it is better to hoard than to speculate.
