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March 30, 2025, 09:27:41 AM
 #41

In this case, as a newbie, which one would you prefer, trading or investing?
I always want to invest, I am not ready for trading at all. I am investing slowly in Bitcoin and trying to hold this investment in a long-term plan. I have no knowledge about trading and I do not have enough experience. If I had enough knowledge and experience about trading, I would have done some trading. Since I have no knowledge about trading, if I go to trade on any trading platform, I can lose my money at any time. If I lose my hard-earned money, I will be very hurt because I worked hard to earn it. I have also learned that investing does not have to be as risky as trading if I can protect my wallet.

If you have no knowledge about trading then you should never do it and enter the market. If it is the best investment for you then it will be good for you, but you need to keep some idea about it before investing. You also need to gain enough knowledge and experience in investing. If you invest with your money then you can earn some good profit from it but if at any time you go for trading then it is more than possible to lose your money. Your plan must be the best for you because if you have no idea about trading then you should not trade at all, if you want to trade then you must take the advice of a good and experienced person. Moreover I also prefer investing over trading, if I have lost my money by trading a few times it was my failure.

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March 30, 2025, 09:56:23 AM
 #42

If you have no knowledge about trading then you should never do it and enter the market. If it is the best investment for you then it will be good for you, but you need to keep some idea about it before investing. You also need to gain enough knowledge and experience in investing. If you invest with your money then you can earn some good profit from it but if at any time you go for trading then it is more than possible to lose your money. Your plan must be the best for you because if you have no idea about trading then you should not trade at all, if you want to trade then you must take the advice of a good and experienced person. Moreover I also prefer investing over trading, if I have lost my money by trading a few times it was my failure.

On a norms, the right things for someone who has zero knowledge about a certain thing should do is to learn and get a clear understanding about it before doing it, especially when it comes to things that have very high risk, trading is very risky and doing it with little or no knowledge is like a blind person trying to navigate his/her home without any aid. Anyways, concerning the subject matter, I'll prefer patience to quick gains therefore I think investment is the better option for me, although the ans would be divided, some who can't be patient and need quick financial gains would risk on trading while the patient ones who think long-term and wait to accumulate more profits in the future would choose investment over trading.
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March 30, 2025, 10:12:14 AM
 #43

Na investment wey me i dey do for a very long time now, i no dey trade because i no get the skills and i no really dey interested to learn am because of the risk wey dey involved. I dey very comfortable with my own investment strategy, if you no say you no get appetite for risk, just hodl bitcoin and forget about trading, no go trade because you see other people dey trade, make sure say if you wan trade na because na wetin you wan do and because you don get the skills for am.
Mate it's good as you know yourself say you no sabi trading and no be your thing and as such you don avoid am because nah there the problem for dey oh, people dey way know say them the struggle with this trading thing but them still dey stubborn the push am when them for use that money take invest and get patient to wait to get profit. Me I dey tell people say trading no be for every person but due to how the venture be quick means to get profit almost any person way come into cryptocurrency industry want turn to trader before even thinking of investment in any coins.
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March 30, 2025, 11:18:37 AM
 #44

I have experience both , and I usually recommend investment rather than trading because trading can not be pull off by everyone, but one can easily start investing just by having some nice discretionary income, so that they can be able to invest with money they can stay with out using for long and to also follow some certain principles to be guided .

But for trading you must be skilled first in order to make good living from trading and trading learning phase is something that don’t have end , so in trading you learn every day and your prediction can never be 100% sure due to some market conditions, due to market volatility, because a lot of thing can affect the crypto market a lot .

I think investing is better than trading. Because you don't have to learn much to invest. If you know the investment method, you can invest very easily. Because to invest, we have to keep an eye on a few things. Continuous investment. And using a secure wallet.

But if you want to trade, you have to learn a lot. You have to invest money in a risk-free place. You have to keep many small things in mind. You can lose your entire money due to a small mistake. So in my opinion, trading is a safe and good investment method.

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March 30, 2025, 05:55:08 PM
 #45

In this case, as a newbie, which one would you prefer, trading or investing?
I always want to invest, I am not ready for trading at all. I am investing slowly in Bitcoin and trying to hold this investment in a long-term plan. I have no knowledge about trading and I do not have enough experience. If I had enough knowledge and experience about trading, I would have done some trading. Since I have no knowledge about trading, if I go to trade on any trading platform, I can lose my money at any time. If I lose my hard-earned money, I will be very hurt because I worked hard to earn it. I have also learned that investing does not have to be as risky as trading if I can protect my wallet.

If you have no knowledge about trading then you should never do it and enter the market. If it is the best investment for you then it will be good for you, but you need to keep some idea about it before investing. You also need to gain enough knowledge and experience in investing. If you invest with your money then you can earn some good profit from it but if at any time you go for trading then it is more than possible to lose your money. Your plan must be the best for you because if you have no idea about trading then you should not trade at all, if you want to trade then you must take the advice of a good and experienced person. Moreover I also prefer investing over trading, if I have lost my money by trading a few times it was my failure.
I think trading experience is not always good for traders unless they are very experienced. Similarly, I started trading and lost. The experience of the later period made me successful in long-term investments and tempted me to continue in the future. The trading mentality is that people compete to get more profit in the short term to make more loss. You can get profit by accumulation the long term.

I believe that the chances of getting profit for an experienced trader will be much less because the volatility of the crypto market will not allow him to get profit most of the time. Those who expect to get profit in the short term should take a long-term view of the market and hold it. I think even if you take advice from a good and experienced trader, if you do not have good knowledge about the market he will definitely lose because experience comes from entering the market.

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April 01, 2025, 01:31:22 PM
 #46

In this case, as a newbie, which one would you prefer, trading or investing?
I always want to invest, I am not ready for trading at all. I am investing slowly in Bitcoin and trying to hold this investment in a long-term plan. I have no knowledge about trading and I do not have enough experience. If I had enough knowledge and experience about trading, I would have done some trading. Since I have no knowledge about trading, if I go to trade on any trading platform, I can lose my money at any time. If I lose my hard-earned money, I will be very hurt because I worked hard to earn it. I have also learned that investing does not have to be as risky as trading if I can protect my wallet.

If you have no knowledge about trading then you should never do it and enter the market. If it is the best investment for you then it will be good for you, but you need to keep some idea about it before investing. You also need to gain enough knowledge and experience in investing. If you invest with your money then you can earn some good profit from it but if at any time you go for trading then it is more than possible to lose your money. Your plan must be the best for you because if you have no idea about trading then you should not trade at all, if you want to trade then you must take the advice of a good and experienced person. Moreover I also prefer investing over trading, if I have lost my money by trading a few times it was my failure.

Exactly that is the fact, we should stop doing what we don't have knowledge about,  because that is what is causing some people to lose too much money in trading. Since they hear the benefits of it, they will think they will get the profits easily they don't know that trading is the tough risk in crypto, if you don't understand anything about it you will definitely lose all your funds. so is very advisable to be doing what you understand most. Anyone that have the experience of trading and still get more knowledge about bitcoin investment or any investment am sure he will do both of them, but if you are scared you can't do both is good to focus on one that you know you are good on. As for me I usually do both but I focus on investment most since I don't like taking high risk for now. I just keep investing because I just believe that bitcoin will always raise if you leave it for long term and you will be profitable if the market go well. If you are risk taker trading will be good for you but you need to get knowledge about it before you take the risk.

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April 01, 2025, 01:53:34 PM
 #47

-snip-
In this case, as a newbie, which one would you prefer, trading or investing?
You've done a good job for elaborating about the two so that people will know the good and the bad side, and also know what are needed to get prepared for the two. However, the most importhat factor to look at is Risk. As a newbie, you are still a baby, you need milk at that time, and not a solid food. This same ideology is practicable in the choice you make with the two because trading is riskier than investing, so why not opt for investing as a newbie and later try to step into the realm of trading litle by little?

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April 01, 2025, 03:32:07 PM
 #48

Are you willing to invest or are you willing to trade
It's all depends on the category of the investors that you belong to, what works for you most and the amount of funds available in your pocket. Mind you, investment funds are pretty much different from trading funds whereby using little amount of funds for long term investment is never proper and vice versa.

When you've finally classified yourself into the category of the investors you are, then you can choose whether you'll be willing to run investment or trading in as much as these factors will best suit you and wouldn't affect your progress.


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April 01, 2025, 06:55:17 PM
 #49

-snip-
In this case, as a newbie, which one would you prefer, trading or investing?
You've done a good job for elaborating about the two so that people will know the good and the bad side, and also know what are needed to get prepared for the two. However, the most importhat factor to look at is Risk. As a newbie, you are still a baby, you need milk at that time, and not a solid food. This same ideology is practicable in the choice you make with the two because trading is riskier than investing, so why not opt for investing as a newbie and later try to step into the realm of trading litle by little?
Investing is better than losing your hard-earned money from trading risk. People choose trading for easy and quick get rich quick and they hear about those stories. In reality, by entering the market in the short term, they are able to understand their mistakes. After losing a small/huge amount of capital. For an investor, continuous bitcoin accumulation every week can give him higher profits than trading. Disposable income for long term savings.

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April 02, 2025, 07:10:05 AM
Last edit: April 02, 2025, 07:27:15 AM by Uhwuchukwu53
 #50

One thing people need to realize is that trading isn't for everybody, just like you said there are people that can acquire knowledge on trading in a year and they might see positive results just after one year of learning while others might take 4 to 5 years, the pace is different but there are some that would lose constantly despite the efforts they put in, you just have to know what works for you...if you are thinking about making an investment there are lots of options you can dive into, it's not as complicated as trading, most investments don't require any knowledge or skills, it just requires consistency, patience and having a capital to start.

Your analysis is the simplest truth about trading and investment, in the calling of life, everyone have it portion of talent where it can fit in as inform of division of labor trying to be jack of all trade is the course why many is having failure and condemn the process one should be able to examine it's self clearly where he fit in and follow it strictly, even in learning what some will read twice before they understand some Will read once and understand, I hard one experience from investment one of my friend made on one altcoin following how his friends investment after his investment the coin Fall without risen back to the initial price he bought the coin he allow it for over four years still can't recover, but people has been making money in such investment but his time, turn out been a loser, in conclusion one should know his area of competent and focus on it as your point stand inevitable
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April 02, 2025, 07:56:51 AM
 #51

In this case, as a newbie, which one would you prefer, trading or investing?
Well, I think whether trading or investment it all depends on individuals decisions because I strongly believe that each and everyone us here have different choices. However, for me I would never think of going into trading and I can never advise anyone self to go into trading. because is always full of too much losses, rather I advise someone to go into Bitcoin investment. Because this risks is more lowyer than that of trading, once you just set up a good investment plan it will going help you hold your Bitcoin investment.

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April 02, 2025, 08:46:42 AM
 #52

When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.
2 to 3 circles mean like 8 to 12 years oh. Hia, I nor sure set any Naija persin go fit get dat patience to wait dat long. Me, I nor even fit wait complete 1 circle sef without taking profit oh and it must be on Bitcoin.


About trading, anybodi wey nor get skills for it, make dem nor carry bodi enta there oh. Odawise, dem go learn a bitter lesson d hard way.

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April 02, 2025, 04:17:27 PM
 #53

In this case, as a newbie, which one would you prefer, trading or investing?
Well, I think whether trading or investment it all depends on individuals decisions because I strongly believe that each and everyone us here have different choices. However, for me I would never think of going into trading and I can never advise anyone self to go into trading. because is always full of too much losses, rather I advise someone to go into Bitcoin investment. Because this risks is more lowyer than that of trading, once you just set up a good investment plan it will going help you hold your Bitcoin investment.
I will give trading advice to those investors who have already acquired a decent portfolio for a long time and are constantly involved in accumulating Bitcoin. We invest for our own profit, but if we can apply the strategy, then maybe we can do it easily.

Although investing is a personal decision, you should make them aware so that they do not lose money. Your advice should be for those guys who will save for 4-10 years before going into trading. Lock in the tendency to sell during this time so that they have a decent amount of Bitcoin holding in their portfolio.

After having a decent amount of holding, those investors should try to make a profit and meet their urgent needs from the profit. At the same time, they should continue to accumulate Bitcoin so that their financial situation can be improved in the future.

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April 02, 2025, 04:53:12 PM
 #54

Are you willing to invest or are you willing to trade

Let's start with trading first. Getting rich in a short time by trading is not a scam. For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience. There are many risks in trading. Just as you can get rich in a short time by trading, you can also become a beggar. In trading, you need experience and sufficient knowledge. Many people can gain that amount of experience and knowledge in 1 year, while many are not able to gain experience and knowledge in 4 to 5 years.

You do not need much knowledge and experience to invest. For example, if you have basic knowledge about Bitcoin and basic knowledge about the investment process, you can invest. The risk in investing is much lower than trading. Patience is needed to invest. Those who do not have patience get out of investing within a few days. When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.

In this case, as a newbie, which one would you prefer, trading or investing?

Trade and investment are all means of making money in crypto and they both have there advantage and disadvantage so it is left for someone to chose which aspect they want to go about it but we all know trading is very complex and risky compare to investment and trading require a lot of calculations and analysis just to make sure they don't make loss but guess what no matter how they calculate and analyze they will still make loss so me personally I prefer investment because I don't need to be studying and analyzing the market.

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April 04, 2025, 02:36:19 PM
 #55

Are you willing to invest or are you willing to trade

Let's start with trading first. Getting rich in a short time by trading is not a scam. For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience. There are many risks in trading. Just as you can get rich in a short time by trading, you can also become a beggar. In trading, you need experience and sufficient knowledge. Many people can gain that amount of experience and knowledge in 1 year, while many are not able to gain experience and knowledge in 4 to 5 years.

You do not need much knowledge and experience to invest. For example, if you have basic knowledge about Bitcoin and basic knowledge about the investment process, you can invest. The risk in investing is much lower than trading. Patience is needed to invest. Those who do not have patience get out of investing within a few days. When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.

In this case, as a newbie, which one would you prefer, trading or investing?
Trading is not for people that are not strong emotionally because you will need a strong heart to be able to survive it when the market hit the Rock, I will always choose investing over trading, trading offers potential quick profits but comes with a higher risk and it requires strong experience/knowledge and strong emotionally control, investing on the other hand has lower risk and it only requires basic knowledge and patience to be able to hold for 3 or more years in the Long term goals. Newbies should prioritize investing rather than trading as it would be more suitable for them and stress-free and investing first will make them more knowledgeable about how the market work before they can consider trading.
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April 04, 2025, 03:30:17 PM
 #56

When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.
2 to 3 circles mean like 8 to 12 years oh. Hia, I nor sure set any Naija persin go fit get dat patience to wait dat long. Me, I nor even fit wait complete 1 circle sef without taking profit oh and it must be on Bitcoin.
People dey brother, no think am like that, if you think say you no dey like that, another person dey opposite of you for this country, person fit leave crypto for more than 10 years self and your mind go dey, e get people wey get money to the point their crypto na change where them dey na why the best conditions you go dey to fo this kind thing na when you plenty source of income. No talk am o, people different.


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April 04, 2025, 06:12:16 PM
 #57

Are you willing to invest or are you willing to trade

Let's start with trading first. Getting rich in a short time by trading is not a scam. For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience. There are many risks in trading. Just as you can get rich in a short time by trading, you can also become a beggar. In trading, you need experience and sufficient knowledge. Many people can gain that amount of experience and knowledge in 1 year, while many are not able to gain experience and knowledge in 4 to 5 years.

You do not need much knowledge and experience to invest. For example, if you have basic knowledge about Bitcoin and basic knowledge about the investment process, you can invest. The risk in investing is much lower than trading. Patience is needed to invest. Those who do not have patience get out of investing within a few days. When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.

In this case, as a newbie, which one would you prefer, trading or investing?
Trading is not for people that are not strong emotionally because you will need a strong heart to be able to survive it when the market hit the Rock, I will always choose investing over trading, trading offers potential quick profits but comes with a higher risk and it requires strong experience/knowledge and strong emotionally control, investing on the other hand has lower risk and it only requires basic knowledge and patience to be able to hold for 3 or more years in the Long term goals. Newbies should prioritize investing rather than trading as it would be more suitable for them and stress-free and investing first will make them more knowledgeable about how the market work before they can consider trading.
Mental balance is very important, when someone faces a lot of losses, he starts making emotional decisions. Trading is a place where the possibility of losses is very high, trading is mainly for short-term gains, here there is a possibility of profit as well as a possibility of loss. Especially if someone does not understand trading well, and trades without doing proper market research, then his loss is certain. So as a newbie, one should never go into risky things like trading, they should start with investing, and try to understand everything gradually over time. Trading is not an easy thing, it involves a lot of risk, that is why without complete knowledge, trading can never give effective results, rather it will cause a lot of loss for you.

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April 04, 2025, 06:12:45 PM
Merited by 1miau (1)
 #58

Are you willing to invest or are you willing to trade

Let's start with trading first. Getting rich in a short time by trading is not a scam. For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience. There are many risks in trading. Just as you can get rich in a short time by trading, you can also become a beggar. In trading, you need experience and sufficient knowledge. Many people can gain that amount of experience and knowledge in 1 year, while many are not able to gain experience and knowledge in 4 to 5 years.

You do not need much knowledge and experience to invest. For example, if you have basic knowledge about Bitcoin and basic knowledge about the investment process, you can invest. The risk in investing is much lower than trading. Patience is needed to invest. Those who do not have patience get out of investing within a few days. When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.

In this case, as a newbie, which one would you prefer, trading or investing?
Trading is not for people that are not strong emotionally because you will need a strong heart to be able to survive it when the market hit the Rock, I will always choose investing over trading, trading offers potential quick profits but comes with a higher risk and it requires strong experience/knowledge and strong emotionally control, investing on the other hand has lower risk and it only requires basic knowledge and patience to be able to hold for 3 or more years in the Long term goals. Newbies should prioritize investing rather than trading as it would be more suitable for them and stress-free and investing first will make them more knowledgeable about how the market work before they can consider trading.
I think you can recommend long-term investment to beginners but they will be indifferent to its implementation. Of course, there are valid reasons for this. They want to get high profits in a short time. Until they are mature in investing. And they are not interested in investing until they lose money in short-term trading. Some beginners may have this kind of mentality.
Investing should be given priority over trading for beginners. I think trading is a good idea for those people who are experienced enough and are involved in the market for a long time and continue to save regularly.

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Oshio-man
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Be patient with your future.


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April 04, 2025, 07:59:30 PM
Merited by GiftedMAN (1)
 #59

Both investment or trade require experience if u wat to achieve success from dem, I will prefer investment despite there is a risk behind investment because is favourable than trade if u invest wisely in due time, Not that trade is not profitable, just that d  income that is coming from trade is a small income compare to wat is coming out from long term investment.
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