Hi everyone...
Just a newbie and am planning to put some money into crypto. Now the thing which is stopping me is whether I should go for trading as the currency is volatile and can give some quick gains or buy it and sleep over it for a few years. Or should I go with 50% trading and 50% investing.
Need experts guidance please
I think, for a starter, you can get more provit by investing, because you'll need information, experience, and some luck to be good at trading..
Trading is a little bit risky, but yes, with better income...
But for the first time you jump into crypto, I think you could just investing and then learning how to do trading by evaluating how BTC price goes up and down for a few weeks ~
Even if you are new into bitcoin but if you have an experience in trading stocks before
then you can also get into trading bitcoins in the market. Investing is safer that trading
but trading has a higher chance of earning in the future if successful. And yes a 50/50
allocation is the best strategy that you can do.