Great question!
In short, people who are actively trading in the markets that have the skill to yield consistent results will surely make more than an average holder. This does come at a cost..
Holding Bitcoin does not take too much skill, and requires very little time and effort to set up a hardware wallet.
On the flip side, trading takes years to become consistent and requires you to actively manage capital. You will sink an enormous amount of time, effort, and energy into learning how to trade. You will lose money throughout your journey, and it is a tough road to go down if you are unprepared for the ups and downs associated with being a trader. The first 6-8 months is the most challenging (in our opinion).
For the right people who are hard-working and determined, it can be worth every ounce of energy because it can become a very lucrative business. People are trading cryptocurrencies for a living right now! It's a career; it takes time to learn, but once you have the ability to pull consistent profits, it has basically unlimited leverage-ability. What do I mean by unlimited scalability?
You make a trade with a 5% gain in 1 hour:
$100 X 5% = $5
$1,000 X 5% = $50
$10,000 X 5% = $500
$50,000 X 5% = $2,500
You only worked 1H, yet you can make almost as much as you want (if you have the capital).
If you are interested in joining a community of like-minded enthusiastic individuals that share a passion for all thing’s cryptocurrency, trading, and financial freedom, you should check out “Performante.ca” on Instagram!
We are a team of cryptocurrency traders that share a love for trading, as well as teaching people the basics of blockchain, technical analysis, economics, and much more!
We offer a free discord providing a non-judgemental ecosystem where even the most novice traders can get started trading this emerging market; the tight-knit community always welcomes new-comers.
Click the link below to join now for free!
https://discord.gg/wDtYtn2
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