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
Trading needs experience and investing needs patience.
Trading could give you results but you may also possess the risk of losing while investing doesn't possess that risk to a higher extent.
Trading could make you sell in panic while if you invest, you will need to wait and you can wait for a long time and reap the profits out of it.
Trading could be dangerous if no stop loss has been put, but investing could let you win over time.
I believe you are smart enough to take this decision on your own after me elaborating everything here.