Topic: Is it better to invest or trade Bitcoin? - page 6. (Read 1525 times)

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I can say that both a good things to do but I don't think trading is beginner-friendly since it requires knowledge and at least minimum experience, I suggest that before you enter trading you should know how to act and how to control intense emotions, you should create a comprehensive trading plan, and lastly never stop learning. Investing in bitcoin usually means buying BTC for long-term holdings while trading is buying and selling the bitcoin in the short term whenever they think a profit can be made. if you want to be successful at trading, you’ll have to put in a significant amount of time and money to acquire the relevant skills, just like any other venture.

I'm not misleading him because $100 a month in current market levels is better than nothing and if OP continues doing that for many months then he'll accumulate enough Bitcoin which can give him enough profits if he can hold those Bitcoin for some years. The current price of Bitcoin is in $33.5k to $34k range and if it gets a dip then it will revert back to $32k and even if Bitcoin crosses $50k then still OP will make enough profits by accumulating Bitcoin each month. The expected price of Bitcoin is going to be above $1M in future and some predict that it would reach $5M to $10M a single Bitcoin and if that prediction becomes a reality then OP will have huge profits from his investment.

Bitcoin investment is better for the ones who have less capital because trading requires you to have enough capital in order to make good profits and trading isn't always profitable because most of the times new traders fall into the trap of their emotions and instead of earning profits they empty up their account's balance. In bull run only those traders will make money who know trading deeply and have made their successful trading strategies, the newbie traders will lose instead of making any profits. That's why I recommend the OP to go with the investment route instead of trading route.

The first quote above is the answer to your question, and ironically, it was also written by you within the same post, which makes me wonder why you are still asking this question when you already know the answer to it.

Whether you should trade or invest in Bitcoin depends on your financial needs and goals, and it should be based on your personal preference since you already have enough knowledge about the subject, you should know the pros and cons of both investments and short-term trades. However, one thing is for sure, most people use Bitcoin for long-term trades and altcoins for short-term trades.

But trading can bring quick profits and that is also the reason why some people will continue to trade instead of investing. To be fair, trading will be more risky, but if you stick with it and once you gain experience and skills, then you can make profits from it, and the profits are even higher than holding. But to do that is not easy and not many people can do it, so many people think that trading is not for everyone.

Trading or investing both have their own benefits and disadvantages, IMO. I don't think one is better than the other, the important thing is to choose which one you like. If you are passionate and confident in your trading abilities, you should not give up just because of what people say. Or you can combine both to create more optimal profits, I see many people doing that.

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.

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.

Trading bitcoin requires more attention and more time, but investing in bitcoin don't  requires much of those things, so when looking at it will advice people to invest in the bitcoin instead of looking for another way to trade, because in trading if you don't know anything about trading I don't think you will do anything that will profit you in trading, so trading need more skill more attention and concentration, some of the senior colleagues have said such before, why buying bitcoin band store will be more safer than trading because trading will take off your capital when a small mistake is being done

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.

Yes, you are right, dude. Actually,  they are both helpful to us, and we want to do the same. Maybe the only question is which of the two is easier for you to do since they can produce the same amount of money as us.

As for me, I have mentioned it several times here in this forum that if we know ourselves that when we don't know anything about crypto trading, we shouldn't try to do something we don't know how to do, so to speak, don't attack a battle you are not prepared for; no training is done for the battle, because for sure you will lose in the end. Now, if you really want to try it, you can do it while you learn it, but it's better to put your capital first in investment, not trading.

As you have said, both investing and trading involve risks, but trading involves a higher risk than investing. From your write-up, I understand that you already know that trading has a higher risk than investing, and with that, you should know that investing should be the best option,especially for newbies, because trading requires a lot of knowledge, and I believe that newbies will not get the required knowledge of trading. That is why I will advise any newbies not to choose trading over investing when they are just new to cryptocurrency.
 
And when we look at investing,especially in bitcoin, someone just needs to buy, hold, and provide it with strong security. Even with basic knowledge, someone can do that, but in trading, nothing like that happens when you try to trade without proper knowledge. With help from technical analysis, someone will likely lose money, and the fact is that even those with proper knowledge of trading sometimes also lose money because of the high risks it involves. Op I am not discouraging trading, but the truth is that trading is not for newbies.

To be honest, if you want to make a lot of money, you should consider trading. However, because the risk is so large, trading is not a simple way to make money. If you don't have an edge in trading and you push yourself to trade, you'll most likely lose money. Trading takes time and money before you can be profitable, whereas investing only requires you to buy and wait for the price to rise to the desired level. Personally, I am still learning to trade in order to become a profitable trader in the future but always looking forward for investment.

You know everyone aims to invest and trade bitcoin at the same time. Because if you engage in both, you will achieve financial freedom faster than what you expected. But everything is not easily done because both requires good preparation not just on your funds but also when it comes to acquiring knowledge and skills, and honing them so you will be well-experienced in both aspects.  And once you decide to enter either in investing or trading, there's no way backing out because that will only mean you will incur losses if you do. However, everything depends on your preferences on which you find easier to be in profits. But most of the time, investing is the people's first option and when they started to yield profits and maximize their investment, that's when they decide to take risk in trading. Trading demands a higher risk so you really have to prepare yourself twice the effort from investing alone.

Ain't a financial or investment advisor here. If you do not have knowledge about trading yet, buying and holding would be likely your primary choice.

Trading requires skills in reading the charts, candlesticks, technical analysis, etc. On top of that, trading has short term results than just buying and holding BTCs which has long term results.

I'm not a skilled trader by the way as I am more into long-term holding of BTCs.

If you are skilled enough in trading, then you can give it a try. But when it comes to choosing whether trading or investing (in case you are alrady a skilled trader), it is entirely up to you. No one would decide for you but yourself. Your money, your choice.

I think we have to wait for a big setback.
https://bitcial.com/market/currency/bitcoin

Understanding is what matters when it comes to trading and investing but it seems people see trading and investing to be something very difficult because they do not have the time to go after learning but just want to gain money quick. Making profits from trading is more about learning and experience . In trading having knowledge about indicators helps in making profit, volatility needs to be understood very well . I think where most people found trading difficult is how to manage the volatility of the market.

How many people claiming trading is a viable alternative have been doing this efficiently along the years? I don't think a considerable percentage of Bitcoin adopters have, and most who have tried ended losing money that could be just held in BTC thinking on long term gains through investment. As I see, trading is a waste of money, unless you get entertained by this practice, as it's quite challenging and rewarding to make profit from this, just like in gambling. But if you aim long term profits and to stay on this universe for a long time, just invest and forget about trading. It's much safer and still profitable, after all.

Trading is not for everyone. It requires complex knowledge and skills. And the risks are high in trading. Investing into Bitcoin could also be risky if not done right. Investing does not require any kind of complex knowledge about the market and price movements also other things related to it. And you don't have to put as much effort you need to put while trading. Both are profitable no doubt about that. But only a few can pull off trading and make profit out of it. In simple words, both have their pros and cons but if done right it is going to be really profitable.

But here's the idea. When you begin, you should start with investment. After that when you stay with the market, learn about it, experience all the movements that are happening in it, then you will somewhat understand how things works. If you get interested after this then you can easily learn about it.

You have your investment in a different account and you use another account to learn how to trade. Your investment keeps on growing while you learn new things and new way of making more profit out of your investments. The profit you get from your investment could then be put into trading for more profits.

It depends on the situation of the market, by looking today’s market condition i would suggest you to do trading because there is a fluctuation in the market. Adopt the simple rule buy at dip and sell at pump, by this you can earn an handsome amount on weekly basis!

When you know everything about Bitcoin. You also know about the risks involved in investment and trade. Then what difficulty do you face in choosing trade and investment? From your post you seem to have good experience in both trading and investing. If you have experience and knowledge you can do both trading and investing, if you lack experience you can invest.

I think bitcoin investing is easier than trading. Trading is difficult, and requires  experience.while in investing you can earn a good profit by holding Bitcoin for a long time. Now is a great time to invest, as the price of Bitcoin has a high chance of going up over the next year. So now investing is a good option instead of trading.

I suggest you choose the option which best suits your needs. Both are very good options to gain profit. If you don't have time to monitor day-to-day price movement and skill acquisition, then it is better to invest in Bitcoin for the long term and hold your investment. If you have time and analytical skills and looking to make a profit from Bitcoin in the short term, then you should opt for trading. Be cautious because trading is riskier than investment as one can not predict the exact price action/ market trends.  
You can also opt for a combination of both; you can dedicate a portion of your wealth to BTC investment and long-term hold and another to trade in BTC for a more short-term profit.