Topic: Is it better to invest or trade Bitcoin? - page 4. (Read 1525 times)

Aside from knowledge of trading, you also need to have more experience. Even if you have enough knowledge, you can't simply gain profit by only that.
But yes, if he's unsure what to choose between trading or investing, give it a try to experience what he prefers. Once he tries, he will know what is better for him.

First, simply investing isn't "low risk" but rather involves lower risk when compared to trading. However, both of them work just fine. One main advantage of simply investing rather than trading is that you don't need any special knowledge, all you need to do is make the purchase. But on the other hand, not only do you need to have knowledge of trading, you have to be good at it and be able to make your own call. So, if you have the knowledge to trade, give it a shot to see how good you are. If it's not so good, you can learn more or stick to simply investing.

It all depends on your own preferences. Investing and trading are still different and that trading involves higher risk than investing alone. However, trading profits are bigger and faster than investing itself that's why no matter how hard trading is, a lot of people would still want to die hard learning in trading because its promising profits are life changing. But that does not mean that trading is bound to secure us consistent profits. Even professional traders still lose in trading at some point.

However, both investing and trading are profitable in it's own way. As long as you have the skills and strategies that suit in trading or investing, then you can consider it as another side hustle that will provide you a decent income but only not in a consistent basis.

In all senses of thought, Bitcoin investment will always be better than Bitcoin trading as the risk is not such that would eventually cause you to lose all your money in the long run. I can't say this for Bitcoin trading as it's such that could cause anyone to lose their money in a seating, which is not a bargain that would afford one another a chance to recover the way Bitcoin investment would allow it. Even if the investor loses when the market is not favourable, the market always goes back and profits over time with patience.

I say this out of experience and I can say boldly that trading is not easy, it's such that could cause anyone to believe that they can make money but in the end, they lose all their money over and over again.

It's much better if you do both if you'll ask me. Having tried both trading and investing, they are fairly equal in terms of overall yields, one can just be tweaked into being more on the short-term which is trading, and the other you really need to do the long haul if you want to grab a massive bag. Although skill-level wise, I'd say holding/investing in bitcoin is much easier and safer to execute than actually going for trades and all that stuff. For one, it's easy to lose your money in trading and not know why it happened. In investing there's only two outcomes, and you know why both will happen.

If you're a beginner in the crypto industry, I suggest investing before trying to do trading, it's safer and much easier than the latter, start trading after gathering enough info about it. Don't rush in blindly.

There is nothing wrong with either because they are both good options, it's just that when it comes to investing and trading, we should already know the difference and with that we can also choose the option that is good for us.
For those who do have high adrenaline, trading is definitely one of the options chosen especially when they have mastered some analytical techniques that they do.
But for me and this is also a good advice if we don't have that qualification then it would be better to be in investment because this will be very profitable and minimise the risk because after all investment will be more profitable than trading.
Not that trading is bad but when we fall in trading then the risk consequences will be much greater which in fact this can harm yourself so it would be better if you are in Investment especially if you are a beginner who still does not know the ins and outs of bitcoin completely then it would be better to be in investment.
Even though the risk is still quite the same but at least investment has less risk than trading.

 It all comes down to the individual preferences and skills. One can exceed in investing but fail to succeed in trading, or the vice versa, or one can do both because he's capable to succeed from investing and trading. And I think a lot of us here are taking risks in both endeavors.

However, due to the fact that trading offers bigger and quick profits than investing, people decide to learn to trade because they believe that it can be done easily as long as knowledge, skills and experience are present.  But when you're already in live trading, you will realize that skills are not enough. You need to have more control of your emotions for you not to end up with wrong decisions, otherwise your trades will end up being screwed. That's the reason why majority still end up focusing more in investing than trading because its certainly less risky and stress free.

It's better to HODL then trade so investing is the answer to your question. It doesn't matter how good you're at trading, the risk associated with trading Bitcoin makes investing the better option here. Investing in Bitcoin brings about peace of mind and no need to keep on monitoring the market but as a trader you have to be keeping tabs on the market through news or you'll be left behind. The hodlers are the most profitable people in the industry as the reward for holding without having to put yourself under any market stress makes it perfect.

You're not wrong for saying both ways are profitable because they're actually but as a trader you stand a higher risk of losing your Bitcoin because of various reasons, you're one mistakes away from losing. Lots of traders make use of CEX because they're more convenient than the DEX which puts their bitcoins at the risk of been lost due to hacks on CEX exchange.

When you're trading, you're actively in the market and connected to the internet which has it's risk as well but when investing you're Bitcoin aren't in a position that they're constantly connected to the internet and you can invest in various ways that doesn't break your banks through DCA and at the end of the investment you get your profits.

Trading involves your knowledge of the cryptocurrency market, and you have to learn how to master a certain trading pattern that will favour you, hence you need a mentor to guide you and put you through so you won't blow your trading account from the beginning.

While investment, has a lot to do with your patience and also knowing when to buy if the rates are low, and hold for a long time till their is a return in investment, so you could earn good profit at the end of the day.
So both of them, have advantages and disadvantages, so it depending on which side of the divide that best suits your interest.

You wrote very well, but I'd like to emphasize one critical aspect that is essential for both investors and traders – mindset/psychology. In my view, this is the linchpin of success, with about 95% of it reliant on mindset and only 5% on strategy.

As someone who has been actively trading and investing for nearly seven years, I've experienced my fair share of ups and downs. What I've discovered is that psychology plays the most crucial role in achieving success. It involves saturating your mind with the knowledge, experiences, and aspirations related to your goals.

My journey in trading was initially marked by high levels of stress. However, I managed to transform my performance when I learned to control my emotions, improve my lifestyle, maintain a balanced diet, stay hydrated, and more.

On the other hand, investing felt more manageable for me because I could exercise patience and avoid the impulsive actions that often accompany trading.

In my opinion, many traders also have an investor side to them, and conversely, most investors do not actively engage in trading.

Cryptocurrency is risky, before anticipating in the system, we already know what we're signing up for. Investing and trading are complicated, but with appropriate tools, everything will definitely become easy for one to understand. Investing is probably for newbies and those that doesn't have enough time to stay active on live charts for trading. They thoroughly scout out a prominent crypto project and invest in it, it can be for short-term or long-term depending on their initial motives and capital. However when it comes to trading, it involves stress, technical and fundamental analysis to be practically skilled inother to executes good plans on the market.

Investing in Bitcoin, in my view, is the way to go for most folks. It's a long-term play that holds the promise of substantial returns over time, unlike the riskier short-term trading of Bitcoin.
Here's why I'm all in on Bitcoin investment:
1.   Solid Foundation: Bitcoin's scarcity, with a limited supply, provides a robust basis for its value.
2.   Decentralization: Being free from government or financial institution control makes Bitcoin a hedge against economic uncertainties.
3.   Global Convenience: Bitcoin's accessibility and liquidity worldwide make it a hassle-free investment.
4.   Growing Demand: With a rapidly expanding user base, Bitcoin's adoption is on the rise, driving up its demand and price.
Sure, there are risks, given Bitcoin's volatility, but the long-term potential it offers clearly outweighs those concerns. If you have any questions you can contact me via my Discord: https://discord.gg/WyUZV2uP

Investing seems to be a good choice for those who are just about to start knowing about crypto. Trading is another level of making money as it needs a wide market understanding and a high level of TA. As we know, a lot of people tried to do this but unfortunately, only a few of them became successful and this is because trading is not for everyone, the same thing as investing.

Either of the two, we choose the field where we think that suits us and we think that we never regret it later.

When it comes to making money, nothing is easy. Those who are mature enough and no longer depend on their parents will understand how difficult it will be to make money. And that task becomes even more difficult when we make money by investing because investing not only has profits but also risks, the higher the profits, the higher the risks.
A volatile and unpredictable market, not to mention thousands of risks are lurking around us. Therefore, investing in bitcoin is really not easy.

The answer is in yourself. Are your skills in investing or in trading? The only person who can answer the questions you ask is yourself. But of the many people I know, generally they have more ability to invest than trade. You also explained the investment and trading side correctly, you should have an answer that can be concluded. Both have good potential if they can be implemented correctly and the decision is of course in our own hands.

Personally, I prefer long-term investments because I don't need to monitor market movements all the time. If we want to achieve the target at what price, just wait until Bitcoin jumps to that price. Trading is not like that because you have to see the potential and always analyze the market and this is where the difficulty lies if we don't understand how.

I choose to invest in Bitcoin first because I realize that trading takes time to learn and the market condition doesn't wait for anyone, if you have your money sitting somewhere it's better to look into buying Bitcoin from time to time before 2025, you can always learn more about trading later.

It took a whole year to gain knowledge about crypto trading, I used to believe that it's impossible to know how to read chart but it's not that hard like I used to picture it, you can start using demo account for trading to understand how charts and buttons work, I believe this is the easiest part, the hard part starts from drawing line and using analysis, it could get confused at first.

Trading is something you can learn on your own but it will be harder, to make your journey faster you need a good teacher that's why I prefer to advice people into going for trading courses and buying trading tools, things aren't that hard as they used to, today you can spend money on tools that will show you when to buy and when to sell, most times they are accurate, if you can do your research right you will find them. 

That's what beginners should do before starting to trade. At least they have to start learning what is required in trading and understand it while learning to control their emotions while trading. This is what will usually have an impact on beginners in trading.
Continuing to learn is a way that beginners can master trading and now they have many sources that can help them learn trading.

They can invest in bitcoin instead of trading if they find it difficult to understand trading. That would be better for them because they wouldn't have to find out more details about when they can buy bitcoin. They can use the DCA method to invest in bitcoin.

Starting with a demo account while learning to trade is better because they practice what they learn.
But they can also start trading with small money to see the situation and find out how well they understand trading. If they can understand trading well, they will start making profits.
If they continue their learning, they can improve their analytical skills which will be useful for knowing market movements.

Those who have not been able to be lucky in trading should not be disappointed because they can continue to learn to improve what needs to be improved. There will come a time when they can make a profit and it's just a matter of time.

It's easy to say
They can search on the internet by typing the keywords they want. They will find many sites that can provide more information. If he could get a teacher, it would be easy for him to learn the trade.
But the problem is, not many people are willing to teach someone about trading in more detail.

Beginners are more suitable to start becoming investors because they don't need a lot of learning. But if they want to make a profit, they can learn about trading. Learning to trade is not easy, depending on each person's wishes.

There's nothing wrong with people saying that it depends on the person, because there are people who want to make profits every day, so holding is clearly not suitable for them even though holding is safer.  this world is colorful, not everyone has the same thoughts as us, we should not impose our thoughts on others.  although trading has great risks, there are still people who make profits from it so it really depends on the person.

If anyone asks, I just point out the pros and cons of each method and let them choose for themselves, without directly giving advice, because we are all different.

I wouldn't say that it depends but I would only recommend you to just invest instead of trading, unlike others who wants to say that it depends, they don't want to take responsibility. And with investing, I think that you're better off doing that compared to trading because it's safe and almost risk-free because you're in the bitcoin game for the long-term which is always a win no matter what happens in the short-term which is always unknown to the people and will always be volatile.

Investing using dca and dip all hodl for 6-9 years.

100 a week for a year =5200

and have two or three ladder down buys for 1700 or 2600.

Do this for a few years then hodl for a few more years.

or do this for 9 years in a row and assess your stituation.