What your opinion? - page 8. | Bitcointalksearch.org

Findingnemo

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Bitcoin = Financial freedom

Quote from: ShowOff on March 31, 2023, 02:34:30 PM

Quote from: Findingnemo on March 31, 2023, 12:15:44 PM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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.

jostorres

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Quote from: AicecreaME on March 30, 2023, 10:55:24 AM

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.

ShowOff

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Quote from: Findingnemo on March 31, 2023, 12:15:44 PM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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.

Findingnemo

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Activity: 2310

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Bitcoin = Financial freedom

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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.

Pandu Geddon

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Quote from: AnonBitCoiner on March 31, 2023, 11:04:58 AM

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.

MoonOfLife

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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...

AnonBitCoiner

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Eloncoin.org - Mars, here we come!

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.

armanda90

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Quote from: sulendra12 on March 30, 2023, 06:47:40 PM

If you are aware with the risk and can pretty much handle it, you can feel free to start doing investment. There are so many rules before doing the investment such as only invest with the money you can afford to lose, doing some research before doing investment and the list will long etc etc. We can pretty much give you any information you want, but if you are not ready for the risk then why even bother. Not trying to let you down though.

I remember with quote about high profit have high risk, many people not understand about the last words about risk when investing in Bitcoin and their mindset only earn profit as much possible. There are not only in cryptocurrency trading but also all trading or investment kinds have risk, but some trader or investor not ready when getting risk.

Doing research is most import before investing exactly in cryptocurrency coin, many scam coins and we need right choose for investing in coins have good fundamental and potential at the future. I think right not try invest money is not ready for getting risk, all investment or business have risk waiting for later and how smart we are manage with risk or loss.

Silberman

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Quote from: sulendra12 on March 30, 2023, 06:47:40 PM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

If you are aware with the risk and can pretty much handle it, you can feel free to start doing investment. There are so many rules before doing the investment such as only invest with the money you can afford to lose, doing some research before doing investment and the list will long etc etc. We can pretty much give you any information you want, but if you are not ready for the risk then why even bother. Not trying to let you down though.

It is also important to keep realistic goals when it comes to the amount of money we want to generate out of the markets, it is easy to think that you are going to earn 100x or another outrageous amount during the next bull market, but truth to be told even if a person could generate something like 5x to 10x then they will be doing great already, as the only ones that would complain about such profits are the ones that only invested a handful of dollars in this market and want to become millionaires while risking no significant capital in the process.

asyezuner

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First know difference between trading and investment
Trading and investment are two different things there are many people thinking about that if they invest specific quantity of there money and want to come easy profits weekly or monthly
This is investment but the others hand if we think about trading this is very hard work you need to purchase very carefuly because it's market and it depends on news if anyone parchase some coin and they not checking market condition
Then he lost her assets
trading is not a game of children and also Investment is too easy then trading.

sulendra12

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Undeads.com - P2E Runner Game

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

If you are aware with the risk and can pretty much handle it, you can feel free to start doing investment. There are so many rules before doing the investment such as only invest with the money you can afford to lose, doing some research before doing investment and the list will long etc etc. We can pretty much give you any information you want, but if you are not ready for the risk then why even bother. Not trying to let you down though.

ultrloa

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Quote from: AakZaki on March 30, 2023, 04:29:28 PM

Quote from: AicecreaME on March 30, 2023, 10:55:24 AM

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.

Trading is not an investment, trading is the practice of trading in the short term to get the maximum profit from every price movement. and investment is holding some Bitcoins for the long term with a certain price target. You just have to choose whether you want to make short-term trades with faster profits or want to make long-term investments and possibly bigger profits. Live according to individual needs. If you buy and then hold onto it until a new All Time High it's good enough but you really have to hold off until that goal is reached.

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.

Nheer

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

Well, as a newbie, your first step should be to educate yourself on what you are getting into. Make sure you have a thorough grasp of trading because, as other members have noted, it involves high risk and requires exceptional knowledge to survive. Before you start trading, I advise you to make sure your trading strategies and analysis are ideal. It won't be an easy journey, so be prepared for the worst and never let greed and emotion interfere. Start with a smaller amount and increase it as you gain experience in trading. only use money you can afford to lose.

We can only offer council but the best teacher is experience though.

Falconer

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Quote from: YOSHIE on March 30, 2023, 12:59:41 PM

I'm pretty sure, internet/google 70% has advice for every beginner to do crypto investing/trading, if you ever try to find out about crypto investing/trading.

I think ChatGPT can also solve the problem if the OP is just curious about good trades. AI can help him find answers, but of course there's no harm in getting helpful advice from the community.

I just think that without good plan trading is kinda hard. I mean trading has to be really complex because there will be a lot of things to prepare instead of just a budget. Mental readiness, knowledge and ability to understand the market are things that will support someone to make profit. Without all of them, trading is just gambling and profit is only expected because of the luck caused by price volatility.

AakZaki

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zknodes.org

Quote from: AicecreaME on March 30, 2023, 10:55:24 AM

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.

Trading is not an investment, trading is the practice of trading in the short term to get the maximum profit from every price movement. and investment is holding some Bitcoins for the long term with a certain price target. You just have to choose whether you want to make short-term trades with faster profits or want to make long-term investments and possibly bigger profits. Live according to individual needs. If you buy and then hold onto it until a new All Time High it's good enough but you really have to hold off until that goal is reached.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: bounceback on March 29, 2023, 02:44:48 PM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

It is highly recommended for every individual to invest, especially investing with bitcoin because bitcoin has the possibility of providing large returns in the future, you decide you want to trade but before that you need to know that trading with Crypto has a high level of risk because the price movement market is very volatile especially If the trading you choose is day trading, then it is very necessary for anyone to learn how to trade properly in advance so as not to experience losses when later facing aggressive market movements.

I agree that it is highly recommended, but I also would like to suggest people to first take a step back and check what they are doing. Because otherwise they are not going to end up with a good return, and that will be a big trouble when the time comes.

If you take a step back and check what's going on, see the big picture first, then you would be doing a lot better. I personally believe that the best thing to do would be making sure that it is not going to be a rushed decision, if you buy bitcoin then that's great, but if you buy bitcoin without taking a look at anything else, just buy it for buying case, then it wouldn't be a good decision to make, and I would say take a minute and look into what you are buying into.

YOSHIE

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

so what your opinion or advise .

I'm pretty sure, internet/google 70% has advice for every beginner to do crypto investing/trading, if you ever try to find out about crypto investing/trading.

My advice and personal experience in investing and trading, maybe it can motivate you.
First: investment, you must really use investment money with cold money, meaning: the money you invest in crypto, is really money that is saved, not taken anymore, that money has a certain period.
Second: crypto trading there are several methods such as margin, futures, spot etc.
Bottom line: you really have to have patience and the right calculations, including the trading knowledge that you have, learn, ask, spread is the basic capital in trading crypto, to prevent real losses. And one more thing, advice from the closest experienced person, is important.

AicecreaME

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

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.

Zilon

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Bitcoindata.science

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 .

It depends on the level of discipline and emotional maturity. I have this notion that any body who is passionate about anything can do such thing no matter how risky or complicated it is.

What really matter is patience, consistency, dedication and willingness to learn and keep learning. Remember every pro trader was once a newbie. If they didn't make up their minds to take the risk they would still have remained where they were before they started trading. So for me be it trading or investment both have their risk but it takes great understanding about how each of them work to limit they risk associated.

Questat

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

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 best words that we have to say for them is to study first that particular investment and get familiar with it. Nobody succeeds without research and most of all, we don't have to do such investment or trading because someone does and tells us but rather asses ourselves if we can really do that. Because the truth is that we can't be like them, nor we coulda say that what happened to them will also happen to us. It is very important to know if we are really prepared and capable enough for this otherwise, don't do it.

Topic: What your opinion? - page 8. (Read 1473 times)