Is it better to invest or trade Bitcoin? - page 5.

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

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.

How much money you can risk and how long you can stand , if you are here just to make your 10 dollars to 100 dollars in short term then better back off because that is not going to happen.
there is no instant millionaire here as even those Old timer took years before turning their thousand of dollars to million value.

Use bitcoin for trading and if not goes on your plan then keep them on hold because there is no losing if you are HODLER as long as you dedicate time for waiting.

but if your sole purpose is to make quick bucks then best to try altcoins as they are fast moving but if you can choose which is which.

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Quote from: barisbilgili on October 25, 2023, 09:00:17 PM

Quote from: Blitzboy on October 25, 2023, 08:24:52 PM

Quote from: bayu7adi on October 25, 2023, 08:11:00 PM

For individuals with significant expertise in trading, it appears they can consistently generate income on a daily basis or at least every three days through their trading endeavors, especially in the short term. So, what causes some people to believe that many individuals experience losses in trading and have to endure financial setbacks?

I, too, am among those who are not adept at short term trading, and in my opinion, this relates to one's level of experience.

In the realm of daily trading, we are constantly compelled to monitor the market and analyze candlestick patterns each day. Many techniques demand a significant amount of time to achieve accurate analyses. For seasoned traders, this remains the preferred choice. However, for newcomers just entering the world of crypto markets, it may be prudent to opt for long term investments.

Individuals who think that experienced traders always make money are greatly mistaken. Absolutely every trader, no matter how skilled, has lost money. That being said, why is there this common story about trade losses? Despite being very unexpected, the market doesnt have any allegiances. Markets are always changing, so trading, especially trading for a short time, is always a risk. One cant completely avoid risk, even if they have a lot of knowledge, experience, and tools for making predictions.

Regarding the steady alertness needed for daily trading, you bring up an important point. There are a lot of details and complexities that can be overwhelming for newbies. Although investing for the long term might seem better, its important to keep in mind that the crypto markets are still very new. Foremost are alertness, flexibility, and a deep knowledge of how markets work. Anytime you want to trade, not just for short periods of time.

Everyone who trades has certainly experienced losing their money in the trades they make and they cannot avoid it if at that time they cannot predict market conditions. For those who have just started and don't understand trading well, of course they have to do it carefully so as not to lose their money in the trades they make. Choosing to make long-term investments is certainly good for those who are just starting out, but they still have to have good knowledge of market conditions.

I have never seen anyone who has never lost money in trading, including so-called professionals or experts. Therefore, for newbies, no matter how careful they are, there is no way to avoid losses when they trade. As a newbie to trading, it is better to be mentally prepared and ready to accept losses than to think that you will make a profit. To become a professional trader, the first thing you need to do is trade losses for experience. Don't think that being knowledgeable and careful means you can easily make profits from trading. Trading is not as simple as holding.

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Quote from: Blitzboy on October 25, 2023, 08:24:52 PM

Quote from: bayu7adi on October 25, 2023, 08:11:00 PM

For individuals with significant expertise in trading, it appears they can consistently generate income on a daily basis or at least every three days through their trading endeavors, especially in the short term. So, what causes some people to believe that many individuals experience losses in trading and have to endure financial setbacks?

I, too, am among those who are not adept at short term trading, and in my opinion, this relates to one's level of experience.

In the realm of daily trading, we are constantly compelled to monitor the market and analyze candlestick patterns each day. Many techniques demand a significant amount of time to achieve accurate analyses. For seasoned traders, this remains the preferred choice. However, for newcomers just entering the world of crypto markets, it may be prudent to opt for long term investments.

Individuals who think that experienced traders always make money are greatly mistaken. Absolutely every trader, no matter how skilled, has lost money. That being said, why is there this common story about trade losses? Despite being very unexpected, the market doesnt have any allegiances. Markets are always changing, so trading, especially trading for a short time, is always a risk. One cant completely avoid risk, even if they have a lot of knowledge, experience, and tools for making predictions.

Regarding the steady alertness needed for daily trading, you bring up an important point. There are a lot of details and complexities that can be overwhelming for newbies. Although investing for the long term might seem better, its important to keep in mind that the crypto markets are still very new. Foremost are alertness, flexibility, and a deep knowledge of how markets work. Anytime you want to trade, not just for short periods of time.

Everyone who trades has certainly experienced losing their money in the trades they make and they cannot avoid it if at that time they cannot predict market conditions. For those who have just started and don't understand trading well, of course they have to do it carefully so as not to lose their money in the trades they make. Choosing to make long-term investments is certainly good for those who are just starting out, but they still have to have good knowledge of market conditions.

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Quote from: bayu7adi on October 25, 2023, 08:11:00 PM

Quote from: Ale88 on October 25, 2023, 07:40:26 PM

If I recall correctly, on average, 90% of the traders lose money. Buying bitcoin and holding doesn't require any particular ability besides being patience, something that of course not everybody is. If you want to trade you need to spend time studying and also you always need to stay behind the market, it could become an actual job ma very few people are good at it.

For individuals with significant expertise in trading, it appears they can consistently generate income on a daily basis or at least every three days through their trading endeavors, especially in the short term. So, what causes some people to believe that many individuals experience losses in trading and have to endure financial setbacks?

I, too, am among those who are not adept at short term trading, and in my opinion, this relates to one's level of experience.

In the realm of daily trading, we are constantly compelled to monitor the market and analyze candlestick patterns each day. Many techniques demand a significant amount of time to achieve accurate analyses. For seasoned traders, this remains the preferred choice. However, for newcomers just entering the world of crypto markets, it may be prudent to opt for long term investments.

Individuals who think that experienced traders always make money are greatly mistaken. Absolutely every trader, no matter how skilled, has lost money. That being said, why is there this common story about trade losses? Despite being very unexpected, the market doesnt have any allegiances. Markets are always changing, so trading, especially trading for a short time, is always a risk. One cant completely avoid risk, even if they have a lot of knowledge, experience, and tools for making predictions.

Regarding the steady alertness needed for daily trading, you bring up an important point. There are a lot of details and complexities that can be overwhelming for newbies. Although investing for the long term might seem better, its important to keep in mind that the crypto markets are still very new. Foremost are alertness, flexibility, and a deep knowledge of how markets work. Anytime you want to trade, not just for short periods of time.

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Quote from: Ale88 on October 25, 2023, 07:40:26 PM

If I recall correctly, on average, 90% of the traders lose money. Buying bitcoin and holding doesn't require any particular ability besides being patience, something that of course not everybody is. If you want to trade you need to spend time studying and also you always need to stay behind the market, it could become an actual job ma very few people are good at it.

For individuals with significant expertise in trading, it appears they can consistently generate income on a daily basis or at least every three days through their trading endeavors, especially in the short term. So, what causes some people to believe that many individuals experience losses in trading and have to endure financial setbacks?

I, too, am among those who are not adept at short term trading, and in my opinion, this relates to one's level of experience.

In the realm of daily trading, we are constantly compelled to monitor the market and analyze candlestick patterns each day. Many techniques demand a significant amount of time to achieve accurate analyses. For seasoned traders, this remains the preferred choice. However, for newcomers just entering the world of crypto markets, it may be prudent to opt for long term investments.

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

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.

If I recall correctly, on average, 90% of the traders lose money. Buying bitcoin and holding doesn't require any particular ability besides being patience, something that of course not everybody is. If you want to trade you need to spend time studying and also you always need to stay behind the market, it could become an actual job ma very few people are good at it.

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Quote from: traderethereum on October 25, 2023, 03:21:53 AM

Quote from: LittleBitFunny on October 25, 2023, 02:57:27 AM

If they are newbies, they should avoid trading when starting, they will lose money because they do not have experience and knowledge, investing will be more suitable for them. But if someone has knowledge about the market and wants to try trading, they can also start because it is also one of the methods of making profits in this market.

There are many people who have been making profits from trading, it is not as bad as many people have experienced. So, I find it quite funny that many people don't like trading just because they can't make a profit from it. What's worse is that they are giving advice to others to stay away from trading just because they are not making profits. They think everyone will be like them, LOL.

Actually, if beginners want to trade, that's okay, but they have to learn how to trade properly and correctly. Most beginners rely on information from their friends who often trade, even though that doesn't guarantee they can make a profit.
But if they can learn trading analysis, they can trade according to their abilities and also the more often they learn they can adapt to what is happening in the market.

Those who stay away from trading because they often experience losses should be able to realize that trading is not as easy as they think. They must have good market analysis skills so they can find the coins.
Or if they want to trade bitcoin, they need to be able to know when they can enter and exit the market.

But how to learn to trade properly and correctly? It seems easy to say, but during the learning process, beginners will definitely be greedy and lead to wrong decisions. A newbie can start learning trading with the guidance and tutoring of a good teacher, but if he learns everything on his own, it is not advisable. Personally, I still think it's better for newbies to start with holding.

In general, trading is not easy, even if you have the knowledge, there is no guarantee you will make a profit from it. But we should not advise others to stay away from it, let them try because each person will have their own talent.

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Quote from: barhavsky on October 25, 2023, 06:15:23 PM

If you are someone who has the patience to wait and invest for the long term, then I suggest you to investing in Bitcoin and holding it for the long term, because I am sure that the price of Bitcoin will definitely continue to increase and will give you profits in the future, so you will not lose or be disappointed to invest in Bitcoin for the long term, therefore I suggest you to invest and DCA Bitcoin at this time, so that you will definitely get a lot of profit from investing in Bitcoin, because I think Bitcoin is a good investment for the long term.

The choice is indeed dependent on the financial status and preference of the user.
Some can withstand the stress brought by trading, whereas, some are just happy waiting for the right time to sell.
But before you buy some for yourself, you need to assess if you do believe on this market, and the reasons why you are accumulating your stash.
Because if your reasonings are too weak, you can easily sell at a loss when fud comes.

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

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.

Both are excellent methods for making money, but it is up to you to decide which one you want to participate in and give priority to. If I had to pick one, I would go with investment since I know I can handle my psychological mind for a long time, I don't like taking significant risks, and I want a more certain big profit in the future. These are the reasons why I will invest in bitcoin rather than trade, which can be extremely dangerous. When I wish to participate in a project, if the danger is too great for me to bear, I'd rather not try it than take the chance and hope for a large speculative profit to enhance the risk taken.

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Quote from: Minor Miner on October 24, 2023, 06:06:17 PM

In terms of profits between trading and holding, it is difficult to say which will bring greater profits because as you have seen, many people get rich by holding, but very few traders get rich. People who like to trade are mostly people who like to make profits in the short term, there is no guarantee that trading will bring better profits than holding because no one can win forever in trading. It all depends on your abilities, if you have good knowledge and skills you will make a lot of profits in trading. On the contrary, you will not earn anything from trading if you are not suitable for it.

How much the profits will depend on the capital. But both trading and investing in Bitcoin are surely profitable if they are done with the right way. Those traders who can be rich, they must be experienced and have good knowledge. So, they know how to trade with big capitals safely and take good profits. If they often get losses, they must be rich, right? Grin

Actually, investing in Bitcoin is safer, especially if we plan the target considering 4 years cycle. We can buy Bitcoin as many as possible during the bearish season, then we plan to sell in the bullrun season. 2022-2023 is the time for buying and keeping, meanwhile 2024-2025 is the time for selling. It is much simple than we learn the tactics/strategies for trading.

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If you are someone who has the patience to wait and invest for the long term, then I suggest you to investing in Bitcoin and holding it for the long term, because I am sure that the price of Bitcoin will definitely continue to increase and will give you profits in the future, so you will not lose or be disappointed to invest in Bitcoin for the long term, therefore I suggest you to invest and DCA Bitcoin at this time, so that you will definitely get a lot of profit from investing in Bitcoin, because I think Bitcoin is a good investment for the long term.

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Quote from: Bananington on October 25, 2023, 05:05:25 PM

Am surprised this question is asked because if one has a knowledge of cryptocurrency/Bitcoin, it automatically puts such a one in the space to do both, focus on one or don't do any at all.
Investment is in many forms, and one of them being trading too. If an earner decides to allocate a certain portion of their funds to trading on a given basis, it is an investment that would require both time, funds and tacit knowledge.
Another form of investment is trying to save or HoDL as fondly called here by using a DCA strategy or any other quarterly or annual strategy that's most convenient over a duration.

I guess OP is a newbie to the market because if you look at his profile, he is also new to our forum, and for this kind of question from a newbie, it wouldn't be surprising. Long-term investing or trading are all forms of investment aimed at generating profits and depending on each person's needs, they will choose the appropriate method or combine both. But if the OP is newbie, holding is better than trading, because as many people said above, trading is not easy, it is much more complicated and risky. Of course, he can also choose to trade, but things will be better when he has knowledge and experience, not now.

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Quote from: Marvell1 on October 24, 2023, 04:22:21 AM

Quote from: Tuturtinular on October 24, 2023, 03:35:47 AM

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

~snip~
Which one is better if I want to invest and trade bitcoins.

In my opinion, both methods have their own risks and advantages. It depends on the person, which method they prefer. But personally I prefer to be the holder because it is safer and does not cause panic. All I need is time for the price of bitcoin to rise to a high price.

I'm not good at trading so I prefer holding bitcoin. However, for those who are experts in trading, maybe trading will be more profitable because we can get daily, weekly or monthly profits

You're right, both have their own risks and advantages. It would be wrong to assume that bitcoin trading is risky and investing is risk-free. Investing and holding requires us to have basic knowledge about the bitcoin market, especially patience. If we do not have the knowledge and cannot be patient for many years, our investment will definitely suffer losses. But it is true that investing is less risky than trading because trading requires more knowledge, the short-term volatility of bitcoin is harder to predict making trading riskier. But if someone has the knowledge, experience and takes advantage of that short-term volatility, it can generate very good profits. So it can be said that both have advantages and disadvantages and it depends on each person's choice.

Of course. It seems we have the same opinion. The level of difficulty will be more difficult for trading than holding. However, if we hold a small amount of Bitcoin, the profits we get will also be small. So in my opinion it would be better if we turned our small capital into trading so that we get weekly or monthly profits, so that the profits are more than holding. But keep in mind that if we have good knowledge about bitcoin, if not then it is better for us to save to buy bitcoin monthly from our monthly salary, it will be better

In theory, trading and holding Bitcoin looks easy, but in practice it is very difficult. It takes experience and patience so that the investment or trading we do produces profits

Bananington

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Am surprised this question is asked because if one has a knowledge of cryptocurrency/Bitcoin, it automatically puts such a one in the space to do both, focus on one or don't do any at all.
Investment is in many forms, and one of them being trading too. If an earner decides to allocate a certain portion of their funds to trading on a given basis, it is an investment that would require both time, funds and tacit knowledge.
Another form of investment is trying to save or HoDL as fondly called here by using a DCA strategy or any other quarterly or annual strategy that's most convenient over a duration.

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

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.

There's no need to choose if you are actually capable on doing them both. While investing is making us profitable, trading as well is giving us significant profits as long as we have the knowledge and skills that are required to meet successful trading. However, always remember that trading is more risky and is more susceptible to losses especially if you trade without enough experience in the trading market. That's the reason why most of us here decide to quit in trading and end up settling into investing. And for me that's still giving us an edge to make significant profits especially if you chose to prioritize bitcoin and hold it for long term without setting definite time when to sell and reap your profits.

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

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.

There is no definitive answer to that question as the skills of each person are different, since there are persons that could make fantastic traders but horrible investors and the reverse is true as well, so do what suits you best and you will have greater chances to become profitable, however it is also important to mention that there are many people out there that do not have what is needed to do either one of those activities, and as such they need to stay away from them or they will lose whatever money they decide to invest in this market.

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

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.

Basically those who trade in Bitcoin must know how to invest in Bitcoin. Bitcoin is generally risky for those who are in a hurry and want to make a lot of profit in a short period of time. More or less all of us who are involved in bitcoin know that bitcoin is risky then if you trade bitcoin long term you will be successful. I am involved in bitcoin myself so I want to tell you if you want to trade bitcoin you need to be patient and trade long term. Of course, best of luck to you as you move forward with your Bitcoin trade.

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

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.

Both are better if you already know how and understand the risks, but if you have capital that you don't use or don't use for other financial needs, you can use it for long-term investments because that's a little better than using it in trading. with a short term duration, although it won't get worse if you are able to manage it well and know how to apply strategies more appropriately. But for now I think it would be better for anyone to keep Bitcoin as a long-term investment because this month Bitcoin has also experienced a sharp increase in price.

Litzki1990

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You will do well in the subject in which you are more proficient. Or if you have both the skills and the ability then both investing and trading may be a good choice for you. Investing and trading are two different things. Those who invest are more or less trading. Generally investment is done in long term plan and if an investor wants to invest in long term plan then he must choose Bitcoin.

Investment is always better than any other business because investment is planned for long term and whenever investment is made in long term plan the chances of earning money after long time from investment increases a lot. Trading is like a business like in business buying and selling of goods, in the case of trading coins are bought at low price and sold at high price.
If I had to choose between the two, I would definitely choose investment.

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Quote from: traderethereum on October 25, 2023, 03:21:53 AM

Quote from: LittleBitFunny on October 25, 2023, 02:57:27 AM

If they are newbies, they should avoid trading when starting, they will lose money because they do not have experience and knowledge, investing will be more suitable for them. But if someone has knowledge about the market and wants to try trading, they can also start because it is also one of the methods of making profits in this market.

There are many people who have been making profits from trading, it is not as bad as many people have experienced. So, I find it quite funny that many people don't like trading just because they can't make a profit from it. What's worse is that they are giving advice to others to stay away from trading just because they are not making profits. They think everyone will be like them, LOL.

Actually, if beginners want to trade, that's okay, but they have to learn how to trade properly and correctly. Most beginners rely on information from their friends who often trade, even though that doesn't guarantee they can make a profit.
But if they can learn trading analysis, they can trade according to their abilities and also the more often they learn they can adapt to what is happening in the market.

Those who stay away from trading because they often experience losses should be able to realize that trading is not as easy as they think. They must have good market analysis skills so they can find the coins.
Or if they want to trade bitcoin, they need to be able to know when they can enter and exit the market.

In my opinion, if newbies wants to start trading, I think starting with a demo account is better than jumping into trading with large amounts of money. Furthermore, when they start trading, they should get rid of the intention of wanting to make profits by trading, what they should aim for is knowledge and experience, and should even be willing to accept losses in exchange for experience. Honestly, I have never seen a newbie make a profit from trading and that is the price to pay to become a professional trader.

But those who have lost money in trading should not advise people to stay away from trading because not everyone is the same. Just because we can't do it doesn't mean others can't do it, we shouldn't discourage them or let them down when they first start.

Topic: Is it better to invest or trade Bitcoin? - page 5. (Read 1575 times)