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Topic: Investing vs Trading and why? - page 6. (Read 2536 times)

full member
Activity: 854
Merit: 100
September 23, 2017, 03:46:07 AM
#7
I suggest you look for more promising coins and keep them over time rather than trading.  Trading requires more than just buying and exchanging.
member
Activity: 85
Merit: 10
September 23, 2017, 03:43:01 AM
#6
Hi everyone...

Just a newbie and am planning to put some money into crypto. Now the thing which is stopping me is whether I should go for trading as the currency is volatile and can give some quick gains or buy it and sleep over it for a few years. Or should I go with 50% trading and 50% investing.

Need experts guidance please

Whatever you do, if you're new to crypto you shouldn't be trading. Trading cryptos is risky / hard enough as is, moreso if you're not familiar with the market.

Additionally, try to focus on BTC. While some alts may have merits on their own, many of them are just ways to extract money from newcomers.

thanks, I know trading is quite risky. However I think I should have been a little clear. What I meant was that buying on low and selling on high. Like recently when the price dropped to 3000USD I could have bought some and sold at 4000+. 

altcoins, I mean like top 5 or 10 of them, like the ones mentioned here https://coinmarketcap.com/

What do you think?
member
Activity: 85
Merit: 10
September 23, 2017, 03:40:32 AM
#5
Just a newbie
I suggest you do not invest first, you can get token of a project for free just by like and share each post of their facebook page, it's good for you to understand about crypto currency rather than having to spend money.

free coins? well, I tried dodge but did not get anything on my wallet...
legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
September 23, 2017, 03:38:04 AM
#4
Hi everyone...

Just a newbie and am planning to put some money into crypto. Now the thing which is stopping me is whether I should go for trading as the currency is volatile and can give some quick gains or buy it and sleep over it for a few years. Or should I go with 50% trading and 50% investing.

Need experts guidance please

Whatever you do, if you're new to crypto you shouldn't be trading. Trading cryptos is risky / hard enough as is, moreso if you're not familiar with the market.

Additionally, try to focus on BTC. While some alts may have merits on their own, many of them are just ways to extract money from newcomers.
legendary
Activity: 1932
Merit: 1005
September 23, 2017, 03:25:20 AM
#3
investing and trading are 2 totally different emotions   , also trading is all build on emotion , that is also the reason that i learned to keep my coins and do not trade them anymore , if you use money that you can miss , it is a lot aesier to hold them for the long term

my advice would be to hold coins in long term because trading isn't so easy as it sounds like and crypto just begin and your investment could (possible) only grow

and this is also a good one , a lot off  coins are given for free (signature twitter-bounty) so maybe you can getin cheap and see what it does
hero member
Activity: 1316
Merit: 503
September 22, 2017, 11:56:07 PM
#2
Just a newbie
I suggest you do not invest first, you can get token of a project for free just by like and share each post of their facebook page, it's good for you to understand about crypto currency rather than having to spend money.
member
Activity: 85
Merit: 10
September 22, 2017, 11:45:08 PM
#1
Hi everyone...

Just a newbie and am planning to put some money into crypto. Now the thing which is stopping me is whether I should go for trading as the currency is volatile and can give some quick gains or buy it and sleep over it for a few years. Or should I go with 50% trading and 50% investing.

Need experts guidance please
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