We all know that We are in the bull run or bull market as they say and Bitcoin has reached its previous ATH and most traders don't know what will be the next move for BTC and some of these Altcoins are literally following the pump of BTC as well, as most are not genuinely pumping in their own accord.
So now, what do y'all do? As for me, I just invested in some coins I believe that will surge in few months while I observe what the market is doing.
I want to know what guys do. Are some of you trading the market regardless or some of you are like me, investing and observing the market
Trading is not for everyone because of how risky it is. Many people don't like trading because they are scared of losing their money, and I cannot blame them for that. It is their choice and their wish to not be able to take the risk of trading. Further, some people are trying to avoid the market stress of looking at the market anytime or managing the market.
That is why you will see that not everyone likes trading, so it is up to you to decide which one you will do, whether trading or investing, because thinking that you will get the right answer here is not an option because many people will come up with different opinions, so it will be better if you analyze the risk in both of them and choose the one you see will favor you. Don't forget to DYOR.
However, I want to warn more people who use the trading platform as an easy medium and continue to trade with extra profits, but you will end up in losses. It should always be remembered that one should never expect to make excessive profits on a trading platform. May the profit be low, may the trading be successful, may the fund not be locked.
Yeah, it is very important traders should observe these in their trading activities so they will not lose their capital and their profit because it happens to many traders when getting their money back with profit instead they should use their capital to go back to the market they tend to use both the profit and the capital to trade again which is very risky.
I think they should use only the capital to continue trading, while their profits should be withdrawn from their trading account and never go back, and that is what will favor them. because losing all their money will put them in another financial situation.