Hi guys , can you tell me which is better option for trading Bitcoin or stocks and how
Bitcoin is different from stocks so trading on which to choose is up to the player which he will prefer to trade. I still prefer bitcoin since this is my kind of trading while stocks, for me, is for investment only or for long term.
I trade cryptocurrency, but my friend has suggested to me that I can also do both of them. I dont really make much profit from stocks, judging from my last experience. But I might consider getting a broker to do the work for me, at the end he/she will take their own percentage from the profit they were able to make. Dont know how that will work though, but let me keep watching.
When you will be having all the time and efforts, you may go for doing both as per your friend suggestion but I like to suggest you to focus on crypto trading as it will be much profitable compared to any other trading.
Moreover, you need not to have active trading with cryptocurrencies whereas it is must for other type of trading. You can simply choose few cryptocurrencies and then you can hold them for years so that you will be getting big profits out of it. This profit level must be bigger than what you could achieve in active trading with any other markets. This is how cryptocurrency have worked in the past and we are expecting the same level of scenarios to be repeated in coming years also.