Topic: Investment or Forex Trading - page 2. (Read 443 times)

First of all, trading is not for everyone. To become a trader, you will need to learn about it. With knowledge and experience you can become a better trader. But the chance that a person will not become a successful trader is higher than for the person to become a better trader. This is because some people will go the wrong way or be doing one thing or the other that will be resulting to losses. There are certain things to be considered before trading, you have to know about how to manage your risks and how to trade in a way that you will overcome emotion.

Investment is also good, but it depend on what you want to invest on. If you invested on a shitcoin that became dead, your money is gone. Before you invest, you need to make research about it and know how risky what you are investing on is. If you buy a land, or you are investing on real estate, or you buy bitcoin after a massive bear market. All these can be a good investment. If trading is considered as gambling, some investments are also like gambling.

If you invest on less risky assets, it will take less energy from you, you do not have to panic of liquidation after little unrealized loss, you do not have to keep tracking your positions in the derivative market. In this regard, trading is riskier, but that does not still mean that you cannot trade if you learn about it very well and have a good experience already.

In my opinion, assuming I am having $1000, I can use $10 to learn how to trade, $100 for trading, and the rest to investment on less risky assets.

Brother forex things, market or trading no be investment oo. Forex na trading like I try explain on my own understanding. Investment for forex or crypto na when you no trade am and you just hodl am for your wallet, exchange wallet as the case may be for cryptocurrency, and if you keep your dollar, Euro or pounds etc for your domiciliary account. But if you talk of FX, that one generally mean say you dey trade am , so if you dey trade fiat currency or cryptocurrency then you are not doing investment but trade and it is risky anyway. Investment na if you only hodl am. Well my little idea be that.

We are talking about cryptocurrency (bitcoin) precisely and not fiat currency that is vulnerable to inflation. I wouldn't learn forex trading because I don't want to save my funds in fiat currency but in bitcoin that has great potential and it also serves as an hedge to inflation. Trading is risky and can lead to great loss. Investment is the best and I will only invest in bitcoin and not in fiat currency because bitcoin volatile nature makes it a profitable business that holding bunch of fiat currency of any kind. If you keep fiat currency, you will end up regretting how the value has depreciated but when you hodli bitcoin for a long period of time and you could be able to see the bull run,you will be certain of making profit. Don't let anyone deceive you on Forex,it is hold and the cryptocurrency has taken over the trading business. Presently,Forex traders add cryptocurrency to their business and they are also trading in crpto.

Firstly,  EVERYTHING YOU DO IN THIS LIFE IS A RISK, even life itself is a risk.Thus, you have to make risk to get somethings ,it now depends on how you want to define or establish your risk.

Back to forex , Forex is no Gamble it's is considered gambling when one is controlled by greediness or entring into trade without analysing which eventually leads to loss of funds which brings to the risk part if you don't understand or have a proper knowledge about it then you are risking all your funds because all you will continue to do is gambling.

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.

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.

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.


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 hodl or invest in crypto not trading.

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