Trading takes time to learn it even depend on your brain capacity to truly understand how trading works, it's better to engage in both trading and investing, I have a close friend who do this and use the trading skill to survive pay bills and others then still be able to buy few BTC every week now he is in a better state financially
That’s great! Your friend must be very good at trading as he is not only managing his daily expenses but also earning enough to invest. Would you mind sharing for how long has he been into trading?
Both are the same but if you are asking about Holding then i think it is better to keep holding specially if you are having Bitcoin in your wallet because aside from being safer this is the one that can assure you best future in this market and in the world.
It is not that easy as what you've said . Holding takes time and also emotions since you are holding big amount of money and your emotions will takes place since if the price goes down then you'll be wanting to sell your holdings and also knowledge is power since you dont have knowledge about bitcoin then you'll be selling earlier
Lol it is much easy than trading , are you referring that he should trade than HOLD? because yeah Holding takes time but if you are having Bitcoin at least it is an assurance that your funds is safe for long time and assuring to make profit in time .
I think he wants to say that it requires a lot of self control to be able to hold and that’s true because the market is so volatile that even small movements can create huge price gaps. It takes a lot of self control to hodl during the market swings.
At least if someone chooses to invest, at the same time he knows a good project that he trusts and is confident in its future prospects, then investments can really be much more profitable than trading. If we take for example such a project Crat d2c, which is already concluding agreements for cooperation with existing global e-commerce platforms in the blockchain ecosystem, then there is more than 100% confidence in success.
Bitcoin’s value almost went to the moon but then it fell down. Don’t you think those who didn’t sell at that time must be regretting it?
Well, I think it really depends on your decision making capability and knowledge .Investment and trading are both profitable. However, investing and trading have different approach in making money.Investing is about long term and low-risk while trading comes short-term and high risk.If you can achieve any,it will make you a good amount of profit.
In my own opinion, Id better choose investing rather than trading. Because i can assure that investing will always give me much more money than trading.You can make a living in trading but you can make a fortune in investing.
Yes that's correct. many people make more profit on trading, but there are also those who make more on investment. it all depends on how the strategy and development you do. Personally, I think that both are very beneficial. however, I chose one of the two based on the circumstances. if the trade looks really profitable, I'll give it a try, and if there's a good enough investment, I'll try it too.
Apart from that basically either investing or trading in crypto is profitable,
but again it all depends on each strategy because if we are not careful then we might lose money,
and if I have to choose which one is better I can't seem to do it
Doesnt matter on which one we would choose because same as you said it would really be depending on your strategy and as long you could make out profits
then neither of the two would suffice thats why it would really vary on your own preference because some people do prefer one but you could actually
engage on both things if you do have the funds and if you could able to bare with the risks.
I agree! In the end all that matters is the profit you made. The end goal of both trading and investing is to make money.
[moderator's note: consecutive posts merged]