This principle works perfectly for all investment decisions:

[Yucky]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

 So here's how it works, you have to learn how to trade a less valuable item for a more valuable one. When we convert our fiat to Bitcoin, we are in essence trading what's less valuable for what is of value in the future. And there are lots of other instances like this.

It could be as gradual as trading your sleepless nights in school for knowledge and then trading the knowledge for some fiat and then trading the fiat for an affordable physical asset and then you can trade the physical asset for a good digital asset class like Bitcoin or something of that nature. The whole scope is to be ready to do away with an inferior item for a more superior one.

[Troytech]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

 So here's how it works, you have to learn how to trade a less valuable item for a more valuable one. When we convert our fiat to Bitcoin, we are in essence trading what's less valuable for what is of value in the future. And there are lots of other instances like this.

It could be as gradual as trading your sleepless nights in school for knowledge and then trading the knowledge for some fiat and then trading the fiat for an affordable physical asset and then you can trade the physical asset for a good digital asset class like Bitcoin or something of that nature. The whole scope is to be ready to do away with an inferior item for a more superior one.

Last time I checked on the internet the definition of trading is - is the buying and selling of securities, such as stocks, bonds, currencies, commodities, and derivatives, with the goal of making a profit. Perhaps your trying to generalize the fact that everyone undergoes through the process of trading as long as they want to start their Bitcoin investment.

Your points are clear. What an investment needs at the end of the day is a successful  investment whether he chooses to trade whats not valuable to purchase available assets. This principle is still not a guarantee for success in the investment.

[Catenaccio]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

Your money at hand or in bank, is not liability, I am sure with you about it.

It's only one problem when you leave your money in bank, it's not your money because the bank, government can seize your money in your bank account. It's very unsafe. It is like you store your bitcoin in centralized exchange and you don't have private key, hence you can lose your bitcoin anytime.

Reminder: do not keep your money in online accounts

Your money at your hands, is your money, before you lose it somehow.

[uchegod-21]

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

I don't understand how and where this statement is coming from. That before you invest, you first have to trade. Trading is just a different thing from investment and one doesn't depend on the other to happen.
One can be;
An investor;
A trader;
An investor and as well as a trader.
We should atleast be very knowledgeable of a principle before we teach others same.

[Ruttoshi]

Buying without selling is not trading and for anyone to invest you need to have a source of income which from there you can generate your capital from to invest with.

Bitcoin investment is the same, you must have a discretionary income in which you will use to invest in bitcoin and hodli for a long-term and at the same time grow your bitcoin stash to a certain level overtime before you can call it an investment because it is for the future.

One can invest in himself by gain a skill or degree in which he can use to earn a living in the latter.

[AprilioMP]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

Money will run out and your money will not be valuable if you don't make it an asset that can make it a hedge. The money in the bank with the purpose of investment is not yours but belongs to the bank with the terms and approval that you have signed. There will be a requirement that you must fulfill when you want to make a withdrawal.
And it is true that investment is the best way to turn cash into valuable assets, but don't deal with banks.

[BIT-BENDER]

You have a good point just that you make it sound like once you invest in anything you would definitely be successful. It's actually easier to keep your money than to invest it. It takes another level of understanding and discipline to invest very well. I have seen people who were better of before the invested because they invested poorly and on the wrong things.

Top billionaires in the world today majority are investors either they invested in their own idea or some elses.

By best principle for investing is having your own plan, you need to have something you want to achieve (a target, a goal) this lays the background for every other things.

[Cryptohygenic]

To be frank, it is not abolishing or not a good thought of having our money stored in the bank or it feels discouraging to hold our monies of fiat but though, agreeably, money not ready to be in used or having bank as your monetary saving methods is a waste of time because it is either diminishing in values or it is stabled despite how long it might have been in there of the bank but when stored in bitcoin and give it such a long time, definitely it would provide you the benefits of valuable storage technology such as increase of values.

[Crypt0Gore]

Just so you know, exchanging your Fiat into Bitcoin is not trading, its easier to spot trade your fiat for other assets and that doesn't make you a good trader, the comparison is night and day, also you mentioned that one need to trade before investing? That's so wrong.

Investing requires your fiat for an asset and you hold for as long as you want, but trading is using your asset to predict the market, meaning you can lose everything in a single day if the market decide to go against your prediction.

Holding is more safer than trading, meaning investment is safer than trading, and you don't have to know trading before you can invest especially in crypto coins.

[Woodie]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

It's only a liability if this money is attracting things such as maintenance fees, which is why some people avoid holding funds with bank's!!

And you are right about one thing, "investment is the only way to convert your cash into a valuable asset" simply put, you need money to make money!!

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

You lost me here for a second... Are you saying everyone that wants to make an investment needs to know how to trade If that's a yes then I don't agree with you!

[dzungmobile]

Holding is more safer than trading, meaning investment is safer than trading, and you don't have to know trading before you can invest especially in crypto coins.

Investment includes trading I can say so. Because with investment, you still need to do two things: buying and selling, combine them you will have trading. But with investment, you are not seriously buying and selling with high intensity like trading.

By this thinking, I disagree with you that people don't need to know about trading before they can start investing.

Awesome crypto trading.

[Doan9269]

Money left at hand or in the bank is a liability

Yes and that's true because they were just left in the bank or at hand doing nothing and such does not provide us any earning opportunity either, but at the end of the day, we may result in spending them and that's all.

investment is the only way to convert your cash into a valuable asset.

This is only possible as well if we are investing on the right asset, if we choose right we are going to enjoy the benefit of what we have made as a choice, many will prefer investing on bitcoin because they knew about how it could render them the expected returns on their investments.

[tabas]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

While that's true your cash needed to be put into an asset to make it valuable. But I disagree about having money in the bank as a liability. That cash there could be your emergency fund and can be your liquid money whenever you are in need.

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

But you have no control over what you trade for. After trading or buying the asset that you want, you have no control over its market and success won't be too easy and we all know about it. You're talking about someone investing and then becoming successful when they know about the key principle. No, it doesn't work like that.

So here's how it works, you have to learn how to trade a less valuable item for a more valuable one. When we convert our fiat to Bitcoin, we are in essence trading what's less valuable for what is of value in the future. And there are lots of other instances like this.

It could be as gradual as trading your sleepless nights in school for knowledge and then trading the knowledge for some fiat and then trading the fiat for an affordable physical asset and then you can trade the physical asset for a good digital asset class like Bitcoin or something of that nature. The whole scope is to be ready to do away with an inferior item for a more superior one.

It's a general description of trading. But it takes time until someone masters it and has something to take as per good results. It cannot be learned overnight but you're right about gradually learning it. And, it's not for everyone to learn.

[Moreno233]

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

 So here's how it works, you have to learn how to trade a less valuable item for a more valuable one. When we convert our fiat to Bitcoin, we are in essence trading what's less valuable for what is of value in the future. And there are lots of other instances like this.

Technically, you are right about investment and trading because by definition, trading is simply buying and selling of goods and services. In that direction, investment simply means converting ones money into something else and hoping that the assets acquired will appreciate in value which is how profits are made.

However, for the sake of this forum, there is a clear distinction between investment and trading. Investment has to do with buying something or putting money into an asset be it Bitcoin or other cryptocurrency and holding it for a reasonable length of time for it to generate profits whereas trading is a short time activity that is done to to profit from the market. Both activities have different approach as well as different risks, hence to start any of them, the relevant information must be gotten.

[Ndabagi01]

So here's how it works, you have to learn how to trade a less valuable item for a more valuable one. When we convert our fiat to Bitcoin, we are in essence trading what's less valuable for what is of value in the future. And there are lots of other instances like this.

For instances like this, when you trade your fiat for bitcoin, that doesn’t mean you can get something out of it of more value as expected. Bitcoin is an investable asset and is not something you can decide when it’ll move and grow up in price. So investing in bitcoin and wanting the result to be gotten in a few years should not be thought of but more focused on long term investment.

It could be as gradual as trading your sleepless nights in school for knowledge and then trading the knowledge for some fiat and then trading the fiat for an affordable physical asset and then you can trade the physical asset for a good digital asset class like Bitcoin or something of that nature. The whole scope is to be ready to do away with an inferior item for a more superior one.

I like your idea but you’re making it look like it’s very easy to do which is not. You may have the knowledge and that doesn’t mean you can get money out of it. To get away with an inferior item and go for the superior ones have to be done technically and just not for the name of it or what you wish to achieve from it sooner. Anything that good don’t come that easy and should be taken with caution.

[_act_]

Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

I don't understand how and where this statement is coming from. That before you invest, you first have to trade. Trading is just a different thing from investment and one doesn't depend on the other to happen.
One can be;
An investor;
A trader;
An investor and as well as a trader.
We should atleast be very knowledgeable of a principle before we teach others same.

The OP did not mean trading. What he meant is that anyone that wants to invest in anything (like cryptocurrencies) will first have to buy the coins with something. Assuming you bought the coin with fiat, that means you traded fiat for bitcoin. I hope you can understand what the OP meant now. His topic is all about investment and not trading.

[dzungmobile]

The OP did not mean trading. What he meant is that anyone that wants to invest in anything (like cryptocurrencies) will first have to buy the coins with something. Assuming you bought the coin with fiat, that means you traded fiat for bitcoin. I hope you can understand what the OP meant now. His topic is all about investment and not trading.

That's true and I explained it earlier. Trading includes in investment and with investors, they make less buying and selling because the main concern of investors is holding and waiting for portfolio value to grow up.

Investors do sell their coins but they only do this at very sparsely intensity and experienced investors will reduce their trading time because with experience, they know that if they involve too much in trading, they will forget their main strategy and purpose is investing, holding to get profit.

[GreatArkansas]

(....)
Investment doesn't work independently of trading. Before you invest, you first have to trade, and that's the key principle of a successful investment "You have to know what to trade for what"

This make sense for me a little because, you must understand the market dynamics, like when to buy, sell, or hold, how it works, and how volatile the market is in cryptocurrency.
Trading skills become crucial because the cryptocurrency market is extremely volatile, and even let's say having little knowledge or say knowing how to trade will help you to success in an investment.

[Samlucky O]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

Investment is good and we all know that without it, it's hardly for us to be wealthy or feed our families, but saying it as if keeping money in the bank or having cash at hand is a liability, is totally a wrong notion and can be misleeding. Despite how the money kept in bank doesn't yeald a reasonable amount as interest does not mean we can't keep money in the bank or any online wallet, you should understand that not all money can be invested. some should be kept in the bank or held as cash to solve some problem when you can't touch your investment money. It has been said repeatedly that Investing in bitcoin requires having a discretion fund to be able to keep accumulating. So if I may ask where  do you think the discretion fund is kept? Bank of course ... So Invariably it is unwise to use all your fund for investment. Though I may have described my explanation through bitcoin investment but it is applicable to all investment sectors.

[GiftedMAN]

Money left at hand or in the bank is a liability and this is the reason why the subject of investment can't be overemphasized because investment is the only way to convert your cash into a valuable asset.

That you have some money that is left in the bank or at hand doesn't mean it is a total liability to you, banks may not add anything to the money left in their custody but you don't need to invest everything you in the name of making profit because some times you may need some money to take care of an emergency and doing some bank transactions with the help of the savings there can help you to sort out the things faster. Not going against having a good investment but when investing I think we should also consider some urgent needs in the family that may require urgent cash at hand to sort them out so I think we need to do a little investment and have some spare cash in the bank and at hand in case of some unforseen occurrencies.