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Author Topic: Investment or Forex Trading  (Read 393 times)
Adams0001
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September 19, 2023, 09:56:04 PM
 #21

guy, you really need to know say both of them carry risk. if person wan go into anyone e suppose understand Dem very well make e no go do spoil. forex for me Sha na e dey more risky(e be like gambling to me). for forex, traders dey try make profits from exchanging foreign currency and this one go need better skills. but investment no dey like that. for investment, person need to buy  asset or securities come hodl an for long time because e go fit make profit when the value go up for market. many people dey confuse forex trading for investment because then never still understand Wella. as always, e good may person hodl e investment strong because trading too dey risky. if you no know how to trade, no try am but you fit start to invest first and if you don learn trading later you fit come try am.

Anything where include trading na high risk but he still dey bring high profit if you understand am very well, if know be say you get knowledge about am you go just they lose money anytime but you see investment he better pass, you no go too lose money like trading, even if you lose money if na Bitcoin you invest your money definitely if you leave am the price go still go up and you go get huge profit, but some people don't go for investment because dey can't be patient for long term to achieve their goals dey need fast money and definitely dey need to take high risk.

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promise444c5 (OP)
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September 20, 2023, 08:47:22 PM
 #22

 
Quote from: Adams0001
But some people don't go for investment because dey can't be patient for long term to achieve their goals dey need fast money and definitely dey need to take high risk.

Make we just put am like this Investment requires patience
The term patience go con be determined by COIN  you dey hold  , e fit be weeks,month, years, decades. Edey for Forex too oo but e no to common to dey hold for years  you fit hold for month sha still e no common for the last level for the Tree model In term of Forex sha
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October 09, 2023, 06:14:36 PM
Merited by Mayor of ogba (2)
 #23

Though FX trading na still investment oo but with the information wey you bring come about the two of them, me I go take investment oo, because I see the risk for forex high pass the crypto investment especially when we dey talk about the Ogah of dem all "BITCOIN" and some other legit coins like Ethereum, reason I say so forex na more of short term holding and if you go greedy somehow you go lost well well, unlike those baba dem wey dey hold bitcoin since 2012, their account go just dey green anyhow by now.

Though investment own nor good for body oo, you fit go purchase large amount of one shitcoin and by the end of the day the coin fit go crash, all your money gone. But the time consumed and expense of learning forex no be chaise, you nor go fit compare to normal crypto investment, I don hear on people wey dey offer forex trading for half a million some self say na $500, but you see crypto investment, only this forum self don guide me until I buy my first bitcoin( investment don start).

And one of the thing wey make me nor too like forex na the amount of forex traders wey I get as friends, some of dem nor dey learn am well before dem dive into am, and before you know dem don dey go buy signals from telegram group wey go still make dem loss. One of dem when en check en yearly transaction en discover say e don loss upto $23,000 live, so when I dey hear all this kind things e dey discourage me.

The main reason I take investment sef na because the coin wey I dey invest on na very promising coin wey e no get as e wan be Bitcoin must rise because of many factor eg scarcity.
Na true you talk ooh because the risk way they for Forex trading is much oo compare to crypto investment, so for crypto investment the chances way you go lose your investment they very low because everything way you need do na to just buy and leave am but for Forex trading any small mistake your account done go be that so Forex they need people way sabi run am well were as crypto no too need knowledge like that instead na small basic knowledge you go need.

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October 09, 2023, 06:50:05 PM
 #24

Before I enter inside crypto I don first the learn about FX trading from one of my church member and from everything I learn from that man about trading on FX for about two months wen I com enter crypto I understand say FX trading hard pass crypto despite say their two dey similar somehow. But onto digital investment level I go chose crypto investment bcos you fit just study a cryptocurrency buy am for a certain period while waiting for when e go pump value but you see FX nothing like investment for long period, nah strictly on trading pairs and if your hand no strong both for money and sabinus you go just lose within a brink of an eye..

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October 09, 2023, 10:10:37 PM
 #25

Na the one you sabi you go do nah. If na forex trading you sabi nothing bad say you dey do am to see your daily 2k. For people like me wey nor sabi trade forex, na hodling we dey do. Once once if we won risk am one kind we fit just buy one coin wey get head, to see weda that one fit blow. The main koko be say out of the two, forex trading require better training while to buy and hodl nor dey waste time to sabi.
I tire for this kind wahala, forex wey dey complicated to even understand and do nai I go come dey compare with investment? I can learn investment within a day and start di investment if the cash is available but for forex trading who burn me well. You go learn am for weeks before you go sabi do am. And di risk wey for forex trading e big pass di one for investment. Even though all of dem e get risk, forex trading own e too much. All na di part of life hustle so anyone wey favour you, you do.
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October 09, 2023, 10:31:23 PM
 #26


Now let's choose

For me I will just go with Fx and my reasons is this

Learning  FX gives you the foundational level and knowledge to Investment,when  you learn FX you can predict what to invest on,which gives you two additional knowledge  at a time.

However, you might be in support or the other way round or might have anything to add or correct,all welcomed let's here your choice Smiley

You try to brush the topic on FX and you also add am investment. I for talk say we need to understand say when we talk about investment, no be only cryptocurrency hodling be investment or the only area wey be investment. Like you have different investment before crypto, although I read where you say you dey particular about digital currency and I take am to be crypto hodling but not FX (trading) or crypto (trading).

Having said that, you need understand again say when FX is mentioned say that one mean trading fiat and crypto investment mean hodling crypto because people still dey trade crypto and that one no be crypto investment again because you fit lose all your money for anything wey be trading both FX or crypto trading and FX no be fiat hodling. So you fit still see people wey dey hodl fiat and that one fit still be fiat investment/hodling just like crypto hodling or investment.

But I know no who go want hodl Naira and call am investment because inflation go chop am finish and scrap him head like as if him enter barber shop. So , but people fit hodl $ € and other foreign currency as fiat investment because potential to rise dey there and high.

Quote
Learning  FX gives you the foundational level and knowledge to Investment,when  you learn FX you can predict what to invest on,which gives you two additional knowledge  at a time.

For this level, I no really know wetin you carry for mind because when you talk about FX that one na trading fiat currency, so if you dey carry "knowledge to investment" join am except you dey talk about knowing the fiat wey you want hodl for your domi account like the politicians and the "big boys " dey do. Them dey keep foreign currency for their domicilliary account and expect am to appreciate just like crypto or bitcoin.

However, you fit know about the strength of other foreign currency and their economy if you dey do FX but strictly, when you talk about FX then you dey talk the trading of fiat/currency no be investment. And that na very risky thing to do. If you don read about am you go know and that na why people prefer to still dey hodl crypto than trading it. So, me I choose to hold or invest in crypto not trading.
True. I hold some coins too and just make some passive income from it at least some exchanges are advancing now. Like this Smart portfolio bot wey come out. It's really helpful thus far

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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October 12, 2023, 10:37:08 AM
Merited by hugeblack (2), CryptopreneurBrainboss (2)
 #27

Now let's choose

For me I will just go with Forex trading and my reasons is this

Learning  Forex gives you the foundational level and knowledge to Investment,when  you learn Forex you can predict what to invest on,which gives you two additional knowledge  at a time.

However, you might be in support or the other way round or might have anything to add or correct,all welcomed let's here your choice Smiley
I would as well choose forex because forex gives you the opportunity to gain knowledge into many digital based assets which helps you with the required knowledge needed to go into investing on these assets.with forex you get the opportunity to have knowledge and know what is best to invest in, when to invest and how to take your ROI , because these are the basic knowledge required to invest properly.

The reason most persons would want to choose investment is because they feel they will probably get rich investing but they fail to understand that investing rightly is what gets you rich and not just investing, if you invest wrongly you may mks likely loose out all you have invested and never get rich because you lacked the knowledge on how to invest rightly, but with the knowledge of forex you tend to get this knowledge, secondly people just want to get rich quick and wouldn't have the patience to learn hence the feel forex is too risky to venture into but then if you learn properly, you continually earn and still have enough to invest properly.

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October 12, 2023, 11:52:26 AM
Merited by hugeblack (2)
 #28

The topic is Investment or Forex trading (fx), so here  is the thing , I'm more into Forex and I should say this,  they both are some how related deal using the key word "trading" actually.

My overview on  Forex
Forex trading is pure trading normally meant for the big guys earlier in the days and when I'm talking about the big guys then I'm talking about the real market influencers but was eventually  broken down to the level  where we have brokers getting into market,which gives us chance at the lowest level  according to the model,to have access to game.

Forex deals with a lot of currency pairs, synthetic markets,  and even cryptosat large by buying and selling according to the trend in the markets either an uptrend or downtrend.

Forex deals with a lot of technical analysis  which can be monitored for a short period of time or long period of time before entries.

Now let's  talk about  Investment.

Investment can come in different ways but what we are actually insinuating on is holding a pair of a digital currency for a particular period of time by simply buying to sell over the period. However the digital currency here can mean currency pairs, most cases crypto  we can also invest in physical asset but what we are concerned  here  is simply Digital currency

Now let's choose

For me I will just go with Forex trading and my reasons is this

Learning  Forex gives you the foundational level and knowledge to Investment,when  you learn Forex you can predict what to invest on,which gives you two additional knowledge  at a time.

However, you might be in support or the other way round or might have anything to add or correct,all welcomed let's here your choice Smiley
Let's even leave forex and digital currency aside, I don't think I can choose trading over investments. Now back to the bigger picture, first of all, I'm not a forex kind of guy, but I believe in it and I know crypto trading is even way more risky compared to it, but when it comes to investment, it's different.

Now, about knowledge, no reasonable person would go head-on with investing in anything without proper knowledge, let alone CRYPTO which has high risk. So, if it's about knowledge, you can learn about the market's ups and downs and investment strategies. If you're lazy too, there are days analyst who already knows these things. This ain't mean encouraging laziness though, cause it'll be way better to know the opinions of people who are experts in these things. That way, you too can also learn from them.

So, I'm going with investments. Risks are low, future secured, and knowledge acquired.
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