Post
Topic
Board Trading Discussion
Re: Small assets, trade or invest? Good decision?
by
DevilSlayer
on 22/08/2020, 06:20:37 UTC
for small assets I think it's better for us to trade but it really depends on you whether you understand about trading or not, between investment and trading also has its own risks and we ourselves must be able to do things that I think the decision is in each of them , trading if you don't understand the instrument is the same
Investments has better returns than trading but it should be on right asset and for the long term.Because most of the millionaires in 2020,started their career with less capital but they managed to keep investing on the returns again made them to be a millionaire.

I don't think investing is better than trading but it doesn't matter.

It is better if you can do both. Investing is not always as good, trading is the same as there are higher risks but if you can do both, you can maximize the profit you are getting. Hold Bitcoin for a period of time and then use it to trade with other altcoins, if you want to you can just sell it and reinvest again if it is a favorable price.
The strategy that we should depends on the extent of our skills, what do I mean by that? If our skills are more suitable on holding or what they call long term investing then why we will force our self to do trading. If we force ourself then the outcome will be obvious which is bad because we can lose huge amount of money. I'm a trader and long term investing is not suitable to me because I do not have the patience like most of the investors have.

Making investment is good but before putting money, we should aware and consider the risks that we are taking. We want to invest or trade because of the profit that we may get but still we should always be prepared to the losses that we may encounter. There is no perfect strategy after all so learn how to manage risks very well.