Last night I raised a question in Shen Huang's sharing group.
The group's owner is knowledgeable, and members can discuss any questions here.
Listening to the group leader's perspective on the issue is also very insightful.
Different people have different definitions of concepts, which is confusing.
Who came up with the concepts of investing and speculation? Why do people have different definitions for these two concepts? I'm really confused about this.
So I asked how to differentiate between investing and speculating.
Investing means putting resources into assets with intrinsic value that will grow over time, leading to compound effects and increasing wealth.
Speculating focuses on seizing opportunities and betting on them to profit from asset price fluctuations, with less emphasis on time.
Short to medium-term price fluctuations are more crucial.
It seems like I am both an investor and a speculator.
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