Is it better to invest or trade Bitcoin? - page 10.

Zoomic

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Quote from: hypothetical on October 23, 2023, 11:19:40 AM

Investing is long-term and involves low risk, while trading is short-term and involves high risk. Both methods can be profitable if the right strategy is adopted.
Which one is better if I want to invest and trade bitcoins.

You have said it all here. Investing which you called long term and which involves low risk also may provide low profit compareed to the commutative profit of trading which will be comparatively higher. But the trading involves not only higher risk, but also higher capital in order to make good daily profits
While someone who does not actually understand the market very well can invest and yet make good profits, someone who doesn't know about the charts and doesn't understand day trading will only lose all their capitals.

Another consideration is the amount of time you want to give cryptocurrency. While a day trader may need to make trading their full time job. Someone investing will only make passive profits and still have time to do other things

armanda90

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Actually which one better between invest or trade bitcoin depend on your financial condition, if you have dependent financial condition to be investor is better than trading with potential or opportunity on the future bitcoin will up drastically more than 50% to 70%. But if your financial condition still not dependent I don't think to be investor is better than trader. You need passive income or taking profit in daily day as not good financial condition but if you have another income from salary payment on company working its better to be long term holding as investor.

Have positive and negative side when becoming short term or trader in bitcoin trading, when imagination with bitcoin success break out to higher price we are disappointed moment why not hold bitcoin for long term or to be investor.

SamReomo

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Top Crypto Casino

I recommend you to choose the path of investing if you want huge profits from Bitcoin because trading is something that only a few people can understand fully and most of the traders often tend to lose money instead of earning any profits. I'm a trader myself and I can surely say that trading is a very risky thing for most people, and the main reason for such risk is that people want huge profits in short time which isn't likely to happen.

If you really want to have better profits as a trader then you'll have to be patient and give proper time to master a trading strategy and once you master it then only make trades according to that strategy. The investors simply invest in an asset in this case (Bitcoin) and wait for at least 2-5 years before selling that asset to earn profits. The longer we hold the higher will be the profits and that's why people say HODL your Bitcoin if you want to have a life free from financial worries.

noorman0

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[Nope]No hype delivers more than hope

The answer depends on your preference, each provides commensurate returns. We know that trading requires more complex strategies and takes more time. If you want to get started, some things you need to prepare include:

- Trading: technical and fundamental analysis, mental/psychological training.
- Investments: How to secure assets and maintain privacy.

hypothetical

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All of us who are involved in cryptocurrency have heard and know to some extent about investing and trading.But I know that there are risks in investing and trading.To do these you need to know some basic things and gain experience.The main difference between investing and trading is the investment period, methodology, risk-taking propensity. Whether you are an investor or a trader depends on your financial needs and investment goals. Investing is long-term and involves low risk, while trading is short-term and involves high risk. Both methods can be profitable if the right strategy is adopted.
Which one is better if I want to invest and trade bitcoins.

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