Post
Topic
Board Altcoin Discussion
Re: Trading Or Invest ?
by
iTradeChips
on 18/02/2021, 13:21:05 UTC
It's really up to you,

(a) if you go trading, you need to spend some time, although you need some basic to advance technical analysis, so the risk is still there.

(b) be just an investor, buy during the dip, be a long term holder, learn how to protect your account at all cost.

So you have to see what fits your schedule here.

It is really quite tricky to see how you can decide what you want to become. Being an investor is very easy, you just buy the coins while it is at its low price then wait for it to go up. But it is really like that, invest and wait then once you got a profit then repeat the process. So many are becoming investors because you do not really have to deal with the coin everyday and you will wait like years to know what is happening and if your coin increased in price. With bitcoin and ethereum increasing in price right now, I think the investors are having a blast.