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Topic: What your opinion? - page 8. (Read 1653 times)

hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
April 06, 2023, 09:07:25 AM
#78
Trading cryptocurrency requires a lot of effort to learn the strategies and policies involved, and if one cannot learn them very well, they will have a high risk of losing their money, beginners can buy and hold coins if they are not yet good at trading. I also don't think it is a good idea to really depend on trading as a beginner because beginners can encounter big losses.
hero member
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April 06, 2023, 07:04:36 AM
#77
 
Quote
Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.

I think newbies should focus more on investing than trading because trading requires a lot of experience. While in investment you can continue your investment even with less experience. And the risk here is also very less than in trading. Whenever the market goes down, the prices of almost all Altcoin  also go down and this is an opportunity for newbies to buy some coins, And if the market falls further, he should try to minimize his average by buying more. But do it with the understanding that it will be a long-term investment. And diversify their capital in different currencies so that the risk of loss is minimized. I think for newbies in bear market investing in a good project in the market can prove to be the best investment for the long term, And here the risk ratio is also very low.
hero member
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April 06, 2023, 06:49:59 AM
#76
Quote
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

The way times are changing, new ways of trading and new ways of doing business are also being introduced. Many people may still be unfamiliar with digital currency.Although digital currency is a great platform to do business and earn online. The best online investment is in Investing in different cryptocurrencies for online trading which have proven to be a good market position and strong project can be the best investment for the future.If some one has no experience in trading and online investing, he should invest in the best and top cryptocurrencies in the market. The best investment is bitcoin investment but it will require a good amount of capital.However, there are small and low-value cryptocurrencies in the market Which can be invested in and they can give a great return in the bull market.
sr. member
Activity: 1008
Merit: 366
April 05, 2023, 12:08:01 PM
#75
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Is he/she educated enough about trading or investment? Not having enough knowledge could lead to downfall and loss. You can choose investment as an option if you are not good at trading or newbie, only if you are able to hold it for long enough. Investment in bitcoin is a long term process. And remember, it can't make you rich overnight. It takes time and right education/experience. If it is for learning purpose, then start small.
In investment, buy and hold for a long time. Learn DCA. And you'll be good. And if you are determined in trading, then learn it first before you start. Also keep in mind that it's got high risk involved.
sr. member
Activity: 450
Merit: 220
April 05, 2023, 10:48:32 AM
#74
Investment and trading are two different things though there are risks involved in both of them. But there is a higher risk in trading than that of investment.
As a beginner who wish to do online investment, trading is not what you need now because of the high risk involved.
If you can invest now and hold for a little longer i think it will be more better for you. My opinion.
hero member
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Vave.com - Crypto Casino
April 05, 2023, 10:44:52 AM
#73
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
An investment is something that is invested in an asset or product and is held for a long period of time and sold at a time when the price of that product increases. And trading is a matter of frequently buying and selling a digital currency or a country's local currency as its price fluctuates. And it is only kept for a short time and sold again. But both investment and trading are very risky.  But trading is more risky than investment. So initially a person has to make a decision whether to invest or trade
hero member
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April 05, 2023, 03:28:14 AM
#72
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".

Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
That's what we should do before deciding to invest and choose the coin. But most people just follow what they find out there and rely on signals to invest rather than researching the types of assets to choose from. And that's what they do when they decide to trade and instead of learning about trading, they still rely on signals from other people. We have to distance ourselves from things like that, especially if we want to be serious about investing and trading and it's not easy because it requires more detailed study.
Other people can also be part of us carrying out trading activities but we don't apply 100% of our implementation in our activities.
Let's just say we are learning, you have abilities that I do not master. So I need you to be able to gain expertise and ability in a field that I am not good at.
Of course without ignoring all the basic things including what we have discussed.
hero member
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April 04, 2023, 12:50:14 PM
#71
Trading is technology to make more money in less time by using your money but it can also change the value of your money to zero in a quick way. Every person is beginner when he initiate new thing so with passage of time beginner turns into a successful man. As we see the success rate of investment so we have to ignore its risk because we have to create those strategies which are useful in a case of hard situations. I suggest that a person should start investment but he should pick the coin wisely because it matters a lot.
full member
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April 04, 2023, 07:42:09 AM
#70
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
we cannot judge other if they wanted to trade that was thier personal decision and that was thier passion, if they want it then go ahead, my only advice is never used an amount of money that you can't afford to loss, because not all people are lucky in trading and if you are one of the unlucky you can also loss on it, so be careful not all of the things are happen according to what we plan, sometimes we think that we do the best decision but we still loss but no matter what it takes we need to continue for the future.
yeah trading is risky and we can loss on it, so we need to decide by our self if we wanted to do it or not. If we are a newbie we nee to do the basic use small amount of money as trading capital and never trade big amount, it is because the risk of trading is just like a risk of gambling it is also win or loss just like gambling.
MiF
sr. member
Activity: 1442
Merit: 258
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April 04, 2023, 07:36:59 AM
#69
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
we cannot judge other if they wanted to trade that was thier personal decision and that was thier passion, if they want it then go ahead, my only advice is never used an amount of money that you can't afford to loss, because not all people are lucky in trading and if you are one of the unlucky you can also loss on it, so be careful not all of the things are happen according to what we plan, sometimes we think that we do the best decision but we still loss but no matter what it takes we need to continue for the future.
hero member
Activity: 2604
Merit: 816
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April 04, 2023, 06:54:19 AM
#68
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".

Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
That's what we should do before deciding to invest and choose the coin. But most people just follow what they find out there and rely on signals to invest rather than researching the types of assets to choose from. And that's what they do when they decide to trade and instead of learning about trading, they still rely on signals from other people. We have to distance ourselves from things like that, especially if we want to be serious about investing and trading and it's not easy because it requires more detailed study.
hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino
April 04, 2023, 06:48:28 AM
#67
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".

Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
legendary
Activity: 2534
Merit: 1338
April 04, 2023, 12:15:09 AM
#66
Somehow a form of investment to other but they need to deep dive the technicalities of the market so that they can maximize their profits. If they don't have trading plan set on their trades its like they are hoping to earn by luck. But not other can afford to trade since they can't handle their emotions towards some certain condition this is why other choose to hold because this is safe thing to do especially for people who can afford to wait for the price to grow in next following years.
Withholding emotions under certain conditions, such as when the market crashes and when the market doesn't match the predictions, it will indeed play with psychology and emotions. No one can survive if they don't have the experience for it. Holding for the long term is the best thing for those who are not very good at trading, don't have a mature trading plan etc.

For newbies it is important that they start with the basics, many of them want to trade the markets and use a very high leverage and the majority of the times this ends in an absolute disaster, newbies should just buy and hold their coins for as long as they can, as this is hard enough already for the majority of them to do, then once they have mastered holding their coins without panic selling then they can try other more profitable strategies if they want.
hero member
Activity: 1204
Merit: 545
March 31, 2023, 02:32:59 PM
#65
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Crypto trading can be a good choice as part time job for anyone who has time and knowledge of learning about trading strategies. There is no need for extensive trading skills to start the trading career, anyone can start simply with buy low sell high. Don't worry about taking time to make money cause along with the experience the trading skill will increase which will eventually lead anyone to be profitable.

But for someone who doesn't want to take risks and not really in need of making money in the short term should go for investment like holding.
Ah, the wild world of crypto trading! It's like a choose-your-own-adventure game: do you suit up and dive into the thrill of active trading, or do you chillax and play the long game with passive holding? Yeah, active trading can score you some sweet cash, but it's also a time-sucker that demands serious hustle. On the flip side, passive holding's the laid-back approach for the no-drama types who aren't itching for short-term wins. But remember, amigos, crypto's one volatile beast, so even holding's got its own risks. Do your homework, and put your chips on coins with street cred and a solid rep. A balanced game plan: trade actively with some of your dough, and let the rest ride the long-term wave. This way, you're seizing those market chances while keeping your foundation tighter than a well-tailored suit.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 31, 2023, 02:20:43 PM
#64
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Crypto trading can be a good choice as part time job for anyone who has time and knowledge of learning about trading strategies. There is no need for extensive trading skills to start the trading career, anyone can start simply with buy low sell high. Don't worry about taking time to make money cause along with the experience the trading skill will increase which will eventually lead anyone to be profitable.

But for someone who doesn't want to take risks and not really in need of making money in the short term should go for investment like holding.
The problem that often arises when beginners come to trading is that they only expect fast returns and ignore more risks.
Of course you don't need a lot of skill to start trading, but you shouldn't ignore the risks you may face in the market. Many of them fail to manage risk properly so that trading only makes them lose.

Look at how many people are asking questions about trading strategies, it's proof that whatever they did before still didn't produce the expected returns. This is logical because when they get return, they won't be asking for new strategy.
Even a successful trader should keep looking for new strategies so I don't look in that way however what you're saying is true, the beginner only see the positive sides of crypto trading but its important to understand both the sides which will help us to get ready with the right capital or else someone thinks that its possible to double the capital in a month or two so they start off with a loan and lose the capital added to that now they have to pay back the loan as well.
hero member
Activity: 2562
Merit: 586
March 31, 2023, 01:41:46 PM
#63
Buying bitcoin and hodl it is not trading, if that's what you mean of online investment. Trading is not a good "investment" for newbies to be honest, unless you're gonna do spot trading, like buy low and sell high, of course you have to do some research as well to avoid buying shitcoins that will just make you cry when it got dump by its dev. But in the end, it still depends on your choices, if I were you I'll just buy Bitcoin and hodl it 'till new All Time High comes again.
Hodl is more on passive. You are doing nothing here but trading is an active activity. You are actively trading a coin to earn a profit. That must be their main difference however investing may still involve trading and then trading can sometimes involve hodling though not really for a long time. Spot trading is still difficult. It could still involve analysis and using some tools. This is why it's not really recommended for the newbies in the scene.

A trader can pick up a shitcoin but don't worry because they will just trade it right away and pick another new coin again. Shitcoins are only not recommended for the long-term investors because there is a chance that these shitcoins will dump in price in the long run and will never recover anymore.
legendary
Activity: 2618
Merit: 1181
March 31, 2023, 01:34:30 PM
#62
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Crypto trading can be a good choice as part time job for anyone who has time and knowledge of learning about trading strategies. There is no need for extensive trading skills to start the trading career, anyone can start simply with buy low sell high. Don't worry about taking time to make money cause along with the experience the trading skill will increase which will eventually lead anyone to be profitable.

But for someone who doesn't want to take risks and not really in need of making money in the short term should go for investment like holding.
The problem that often arises when beginners come to trading is that they only expect fast returns and ignore more risks.
Of course you don't need a lot of skill to start trading, but you shouldn't ignore the risks you may face in the market. Many of them fail to manage risk properly so that trading only makes them lose.

Look at how many people are asking questions about trading strategies, it's proof that whatever they did before still didn't produce the expected returns. This is logical because when they get return, they won't be asking for new strategy.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 31, 2023, 11:15:44 AM
#61
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Crypto trading can be a good choice as part time job for anyone who has time and knowledge of learning about trading strategies. There is no need for extensive trading skills to start the trading career, anyone can start simply with buy low sell high. Don't worry about taking time to make money cause along with the experience the trading skill will increase which will eventually lead anyone to be profitable.

But for someone who doesn't want to take risks and not really in need of making money in the short term should go for investment like holding.
hero member
Activity: 826
Merit: 583
March 31, 2023, 10:40:36 AM
#60
if a person wants to make investment then it is not such risky as that of trading because for investment you should invest your money for longer time but in trading your money is on higher risk as you have less time to recover your money and make profit.

I don't say that investment has no risk but there is a greater possibility for investors to enhance their profit. Everybody today wants to make investment but to maximize a profit the selection of coins matters a lot. So I suggested that whenever a person start investment then he should begin investment in Bitcoin.

One other thing is that it is risky but if you invest in bitcoin for lengthy time time and invest little amount then your chances of enhancing money will be greater.

if the case is for a beginner, then the investment will be better. this will be easier for a beginner to understand than trading which of course has a more complicated understanding.
anything if done by a beginner. will be recommended for investing or trading Bitcoin. that's because the Bitcoin market has a very high trading capitalization. and a newbie to investing won't be able to stand to hold onto their Bitcoin in the long term, more than novices will do in the short term. it was out of curiosity about the market and Bitcoin.
sr. member
Activity: 714
Merit: 253
March 31, 2023, 10:25:08 AM
#59
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

Whether trading or investing for the long term, as a newbie, you should prioritize knowledge over jumping in for a quick profit. Not only with bitcoin but with any financial market, to make money, you also need to have the knowledge, which is the most important thing for you to survive and make a profit. Knowledge is the key to your success whether investing online or working, opening a business...
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