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Author Topic: Is it better to invest or trade Bitcoin?  (Read 1095 times)
retreat
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November 28, 2023, 07:19:39 AM
 #181

Whether you want to invest or trade, it's equally good. What you need to pay attention to is how your fashion is, whether you are more suitable for trading or investing. Because there are people who are more suitable for trading because they understand fundamental and technical analysis, which means their ability to make decisions in a short period of time is better. Some are more suitable for investment because they are more comfortable holding Bitcoin in their wallet and planning to sell it in the long term. It all depends on the person.

R


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Ojima-ojo
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November 28, 2023, 07:33:50 AM
 #182

There is actually nothing wrong in being a trader and an investor, but in a situation whereby I personally have to chose one, I did rather become an investor rather than a day trader, this decision is based on my previous experience with trading bitcoin and other altcoins.
A trader may seem to be making money on daily or weekly basis depending on how he or she scheduled his or her profit taking, but for an investor, a coin or token he or she invested in may one day make for him money that it will take over 10 to 20 years for the trader to make such an amount, though I personally believe that this type of experience may not be possible with Bitcoin investment anymore, but it is very possible by investing in the right altcoin.

But like I said early, nothing is wrong being a bitcoin investor as well as a trader

R


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CryptoBuds
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November 28, 2023, 07:54:51 AM
 #183



But like I said early, nothing is wrong being a bitcoin investor as well as a trader

Yes, why don't we be flexible as both investors and long-term traders to optimize for the best returns? Both are ways to make profits in this market, let's choose the method that gives us the best results. But one thing I see is that many investors cannot make money from trading, they talk bad about trading. This is absolutely not true, just because they don't profit from it doesn't mean others don't. Although I do not deny that trading is riskier, that does not mean that no one can profit from it. There are still many traders who make regular profits from trading.

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November 28, 2023, 08:26:09 AM
 #184

All of us who are involved in cryptocurrency have heard and know to some extent about investing and trading.But I know that there are risks in investing and trading.To do these you need to know some basic things and gain experience.The main difference between investing and trading is the investment period, methodology, risk-taking propensity. Whether you are an investor or a trader depends on your financial needs and investment goals. Investing is long-term and involves low risk, while trading is short-term and involves high risk. Both methods can be profitable if the right strategy is adopted.
Which one is better if I want to invest and trade bitcoins.


You should put a proper target and strategy while planning because being in crypto market is not
that easy and really you will end losing everything if you will just rely in some random answers , best that you must dig
for your own strategy and yes you will not survive if you do lol.
Whether you want to invest or trade, it's equally good. What you need to pay attention to is how your fashion is, whether you are more suitable for trading or investing. Because there are people who are more suitable for trading because they understand fundamental and technical analysis, which means their ability to make decisions in a short period of time is better. Some are more suitable for investment because they are more comfortable holding Bitcoin in their wallet and planning to sell it in the long term. It all depends on the person.
She can also try havign short term investment but the safest and better? long term Holding or at least
extend to the 4 year cycle of bitcoin.

Suzume
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November 28, 2023, 08:35:40 AM
 #185

I will go for investment beacose investment is more safe then treading. Treading is the way to get rich easy the way is easy and more risky. You have to risk your money to earn in treading. I'm not saying that you don't have to risk your money when you are investing. But investment is lower risk to your money it will take time to give you profit. Treading is the easiest way to get rich but its highly risk to your money. So, I will go for investing.
BITCOIN4X
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November 28, 2023, 08:46:36 AM
 #186

Whether you want to invest or trade, it's equally good. What you need to pay attention to is how your fashion is, whether you are more suitable for trading or investing.
LOL, I think there's a typo there so I could interpret it differently. It should not be fashion, but passion or interest.

Because there are people who are more suitable for trading because they understand fundamental and technical analysis, which means their ability to make decisions in a short period of time is better. Some are more suitable for investment because they are more comfortable holding Bitcoin in their wallet and planning to sell it in the long term. It all depends on the person.
A person's interest or passion for crypto certainly varies, but in the end the goal is the same. Trading requires you to have more intense time in front of the monitor which is used to carry out analysis and pay attention to price movements and make decisions. Trading may not be suitable for those who work full time elsewhere, but investing tends to be more suitable.

This passion should be adjusted to how much time you have, not how much profit you are able to make. Of course trading and investing are both profitable, but investing tends to be recommended for those who are limited in time but have a sufficient budget to generate passive income in the long term.

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