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March 23, 2025, 04:05:57 PM |
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For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience.
Your conversation sounds a little confusing because even having experience and sufficient knowledge cannot guarantee that you will become rich from trading in a short time. In reality I approach investing and trade in the same way. However if someone enters the cryptocurrency, the advisory sentence for him is that start investment instead of trading. It doesn't take long for investment to start, and it does not require a lot of money and a lot of knowledge. Adequate knowledge and experience is the first thing you need to do to trade. The reason I combine investing and trading is because my previous experience is involved. However if the investment and trading can be compared then it becomes clear that the investment is the most safe and there is no pressure connected here.
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Mehmet69
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March 23, 2025, 07:20:17 PM |
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As a newbie in the crypto space, especially in Bitcoin. Your advised to start investing as long as you've discretionary income available, this is so that you can have a decent portfolio after investing consistently for at least one cycle. This is because investing into Bitcoin requires the minimal knowledge to get started and accumulate coins in your portfolio with minimal risks. You only need to have discretionary income available.
If you've interest in trading, you can go into it, but be sure not to tamper with your holdings, you can have a different portfolio for it and make sure you are very skilled in it before you start practicing, so you'll not be steady on loss. Trading is about strategy, analysis and risk management and you need to be very skilled before you can really be profitable in it.
In addition to your perspective being an newbies investor you need to be consistently focused to build a decent portfolio over at least one market cycle, and also most newbies don't invest in bitcoin require minimal knowledge to get start, and also they should accumulate bitcoin with minimal risk. Bitcoin is an asset that I think everyone should collect. Because it is very important for a person to have at least one asset in their life. And we all know that Bitcoin is a digital asset. Its decentralized system makes us reliable. Although there are many coins in cryptocurrency, Bitcoin is more reliable because its market is always growing. You just have to remember that Bitcoin temporarily lowers its price. So that new investors can start investing very easily.
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Coyster
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March 23, 2025, 08:04:03 PM |
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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.
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GIF-JOBS
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March 23, 2025, 09:45:32 PM |
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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.
It is important to make decisions according to the amount of risk a person is able to take. Because taking more risk than they can afford in financial matters can lead to big disasters. There are many people who become interested in trading after seeing other people's trading and profits, but they do not see the risks involved. They think that they can make profits by trading, but the reality is not that simple. They start trading without risk management to make money quickly, who only think about profits, but never think about risks, and this type of trading only causes them financial losses. First of all, they have not learned trading completely, and secondly, they do not think about risks, due to such activities they will definitely face losses. So you have to think about risk management first, because making any decision without risk management will definitely cause big losses. So you have to do research first, and you have to trade or invest according to your risk-taking ability and capacity.
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Pi$$
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March 24, 2025, 06:33:07 PM |
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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?
Yes your right the risk of trading is much more to be compared with the risk of investment. But when it comes to trading as long as you have the skill and the knowledge, you can start with a very small capital, but when it comes to investment you have to get a standard capital in order for you to get a standard result, me personally i will choose to go for trading because it does not only deal on making money but it also helps in building your personality, discipline, patients E.T.C. But every one has a particular field that motivates them it all depends on what they are willing to risk
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icebar
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March 24, 2025, 10:09:24 PM |
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In this case, as a newbie, which one would you prefer, trading or investing?
As a newbie, I will definitely ignore trading. Those who are new do not know much about the market. They cannot immediately increase their attention to when the market may be bullish or bearish, when it is necessary to buy or when it is likely to be profitable to sell. That is why their chances of losing are high. But if someone invests for a long time without trading, it is possible for them to be profitable. Especially if someone is able to hold it for a cycle of Bitcoin, then they have a lot of chances of profit, which is not possible through trading. It is possible to profit from trading, but it is not for everyone. The chances of losing are very high. In addition, if you do not have sufficient knowledge in various subjects including market research, there is a high chance of losing your assets.
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Stable090
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March 24, 2025, 10:45:23 PM |
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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 and investment no bad, depending on the one wey person put mind say him wan do. If you are a trading, you suppose know say plenty things Dey wey you suppose learn. Trading no be something wey be say you go start, and you go Dey expect profit instantly, firstly you go learn about am first, you go don practice am well, you go don get strategy wey you need, you go don sabi things wey you suppose know, before you go start to Dey make money from trading. If you wan jump into trading, make I no lie you, na as u jump enter, na him you go just commot again because you fit lose most of your money, na why you suppose Dey very careful be that. Newbies make dem no expect instant profit from trading, and even if Dey come Dey make money, loss go definitely come in. If you are investing, then make your target be for long term, and make you no go put money for all this altcoins wey Dey outside, or make you go leave money for shit coin, your money fit go ooo, just make sure say na bitcoin you Dey invest in, and other strong altcoins wey Dey. Investment Dey kind of easy compare to trading, just make sure say you sabi the basics, and make sure say you properly secure your wallet, and your private key.
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Huliya
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March 24, 2025, 11:53:24 PM |
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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?
You have said a lot about trading investment. So I don't want to say anything new. As a small investor, I will mostly support investment. But trading is a learnable subject. If you can learn trading, you can make money anytime you want. If you are a more experienced trader, you will understand when you should trade and when you should not trade. If you can make a few trades a week, I think it will be very easy to make a living. So I always respect good quality traders and inspire them to move forward.
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Big_panda_01
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March 25, 2025, 07:10:12 PM |
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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?
Well as newbie without experience it's very much easier to venture into investment, your target should be at the long run especially when it's bitcoin your investing on. It's advisable to hodl your bitcoin for a period of 4 - 10 years that's what investment is all about it's a plan for the future and it's clear that bitcoin has great potential to skyrocket in the near future. Trading requires knowledge and skills and as a newbie it's not something you're experienced at so it's not wise to go into Trading until you're fully equipped with the right knowledge.
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SmartCharpa
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March 25, 2025, 08:31:52 PM |
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Whether you be newbie or not, whatever option that you choose is your own choice, and whatever consequences that follow, you'll have to deal with them since no one is forcing you to make the best decision for yourself. As a newbie, whether you trade or invest e no mean, but can you endure the losses wey come with the path you choose? Many people consider trading as a fast way to get money, but they can't handle the consequences since it includes big losses.
However, I will not advise any newbies who have no experience of trading to try am, forget say you may become a millionaire in a single night through trading, it can also lead you back to square one with your life that you have been dey managed.
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GIF-JOBS
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March 28, 2025, 06:55:44 PM |
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Whether you be newbie or not, whatever option that you choose is your own choice, and whatever consequences that follow, you'll have to deal with them since no one is forcing you to make the best decision for yourself. As a newbie, whether you trade or invest e no mean, but can you endure the losses wey come with the path you choose? Many people consider trading as a fast way to get money, but they can't handle the consequences since it includes big losses.
However, I will not advise any newbies who have no experience of trading to try am, forget say you may become a millionaire in a single night through trading, it can also lead you back to square one with your life that you have been dey managed.
This is a very important point, new traders often do not think about losses in the first place. They do not pay any attention to risk management, but when they face real situations, they suffer huge losses. There are also many mistakes in their thinking, as you said, new traders see trading as a way to make quick money, and because of this view, they cannot consider the risk, as a result they unexpectedly suffer huge losses. Trading is a place where nothing good can be achieved without complete knowledge and proper strategy, but in that place a new trader goes to trade to get rich without gaining any experience or knowledge in the first place. And this is their biggest mistake. A new trader should only learn trading in the first place, one cannot become a millionaire in trading in the first place, because in the first place a new trader will most of the time face losses, and those who can survive in the midst of those losses and learn trading well, only they can benefit in the long run.
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Belarge
Full Member
 
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1st ever Airdrop for Bitcointalk OGs
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March 28, 2025, 07:34:57 PM |
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The choice of investing or trading is dependent on the choice of a person be it a newbie or not, what truly matters is the reason behind the choice of either trading or holding, and it seems a lot of people are confusing holding with investing because to me, anyone who holds a fraction of crypto is already an investor whether you hold for long or decide to hold for a short while, what matters is that you were able to afford a fraction of the coin which automatically means you and investor and with this been said, op should come correct the title of the thread from investment to holding if he truly wants to get some more opinion on this subject matter.
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Jaycoinz
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March 28, 2025, 08:16:05 PM |
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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.
Some people no dey even get the sense to dey think this your kind of thinking because watin dey always freak dem about this whole trading of thing na wen sometimes dem see all this online traders dey talk about how easy it is to make millions through trading of which almost ninety percent of all these person are false because they don't go about showing their loses so instead they flaunt their winnings to lure new persons to their channel
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Cryptomultiplier
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March 28, 2025, 08:25:03 PM |
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For me, I am going to always pick reasonable investment over trading as a means to secure wealth or fulfill future goals. The reason is simple, and that is that investment may involve me just channeling a lot of funds into one of my business plans or someone else financial projects and am sure in less than two years time, I would be having a source of income that would be sure to increase and its more physical not like trading which will require a lot of explanations when the emotional turmoil comes due to market fluctuations and variables and funds too.
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RockBell
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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.
sometimes people don't want to put their money in risk so they will prefer to invest only a few people are into trading and everyone has their reason for whatever aspect they choose to put their money and people love to run away from trading because of how it is risky to trade is not every that will actually want to do because people are avoiding trading because of the charts that you have to study and people do not want to study because they feel its stressful. and the best thing you can do is to just buy and hold and whenever there is an increase you can actually sell that is what most of these investors do they buy when the price is down then sell when the price is high no matter the time it as taking, what you said is true people trade because they see people trading they don't even have a reason why they are trading, and whatever you are doing you have to have a reason for doing them.
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Y3shot
Sr. Member
  
Offline
Activity: 952
Merit: 259
Chukwu okike anyị bụ onye na-adị
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March 29, 2025, 12:22:15 PM |
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Trading don't make people to be rich. Trading is very risky and even if you are an experienced trader with a better knowledge about trading, their is no guarantee that you will be rich in trading. If you understand trading very well it doesn't mean you can get a better profit from it that can make you to be rich. With the good knowledge and experience in trading you still need to apply caution I trading. If you go into trading all with the mindset to become rich then I think the result may be terrible because trading is not easy to make the expected profit from it.
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GIF-JOBS
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March 29, 2025, 02:38:46 PM |
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Trading don't make people to be rich. Trading is very risky and even if you are an experienced trader with a better knowledge about trading, their is no guarantee that you will be rich in trading. If you understand trading very well it doesn't mean you can get a better profit from it that can make you to be rich. With the good knowledge and experience in trading you still need to apply caution I trading. If you go into trading all with the mindset to become rich then I think the result may be terrible because trading is not easy to make the expected profit from it.
Trading is a field where even if you are very skilled in trading, you will definitely have to face losses many times. Market volatility is something that not everyone can survive in, even if you are very skilled, sometimes you will also have to face big losses. That is why it is never possible to make a profit with complete certainty in the trading market. If you are a very skilled trader, then you can trade with an additional 60 to 70% certainty and the remaining 30% will depend on your luck. That is why every trader must also pay attention to risk management. And do not be too confident and trade with the amount of money you can afford to lose, then I think a trader's financial stability will be normal.
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I_Anime
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March 29, 2025, 04:53:37 PM |
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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 .
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Ever-young
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March 30, 2025, 05:47:57 AM |
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Trading don't make people to be rich. Trading is very risky and even if you are an experienced trader with a better knowledge about trading, their is no guarantee that you will be rich in trading. If you understand trading very well it doesn't mean you can get a better profit from it that can make you to be rich. With the good knowledge and experience in trading you still need to apply caution I trading. If you go into trading all with the mindset to become rich then I think the result may be terrible because trading is not easy to make the expected profit from it.
Not like I’m advocating for trading, but the truth is that, there are actually people who are making crazy ass profits from trading every single day, and even if they lose, their profits are able to cover up for that loss. But this as we know isn’t the case for everyone and it takes years of hard work, research, training and of course losses to get to that point. Not everyone are ready or willing to go through that process and that’s why investing is a much better option for people hoping to maximize profits, all you need is the basic knowledge and of course patience to be a profitable investor.
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laijsica
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March 30, 2025, 08:28:07 AM |
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Trading don't make people to be rich. Trading is very risky and even if you are an experienced trader with a better knowledge about trading, their is no guarantee that you will be rich in trading. If you understand trading very well it doesn't mean you can get a better profit from it that can make you to be rich. With the good knowledge and experience in trading you still need to apply caution I trading. If you go into trading all with the mindset to become rich then I think the result may be terrible because trading is not easy to make the expected profit from it.
Not like I’m advocating for trading, but the truth is that, there are actually people who are making crazy ass profits from trading every single day, and even if they lose, their profits are able to cover up for that loss. But this as we know isn’t the case for everyone and it takes years of hard work, research, training and of course losses to get to that point. Not everyone are ready or willing to go through that process and that’s why investing is a much better option for people hoping to maximize profits, all you need is the basic knowledge and of course patience to be a profitable investor. There are relatively few people who make a lot of money through trading, and in the current crypto market conditions, it is almost impossible. I initially considered trading as one of the means of earning money, but with experience I realize that it is for people who are very experienced and used to spending a lot of time in the crypto market. Trading requires a lot of time, beyond basic knowledge, and the possibility of pouring money into the market in an uncertain manner and getting its return is very low. I am more inclined towards investing because the tendency to save through discretionary income and long-term considerations make me more focused on alternative income.
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