Post
Topic
Board Trading Discussion
Re: Investing Urge or Trading Surge
by
conected
on 08/05/2021, 17:13:54 UTC
If you had planned to inverse money in cryptocurrency,you should skip of stock market.If you start to believe something,kindly believe it fully and hold till it recover.Don't exchange money from the invested asset for the emergency need.It should be skipped to avoid of loss.Mostly the new traders do this and suffer a lot after the mistake.To escape from loss,patience is needed one in trading.
But, I don't think there will be any mistake if anyone will be investing/trading both in stock and crypto at a time. It means you can be successful even in these two sectors if you are planning your investments or trading properly. There is nothing here about believing in to one thing completely; you can believe into two things completely because that will be more profitable for you.

I suggest anyone to go for both investing and trading at a time because it will give you more chances to make good profits regardless of what will be the market conditions.
 

Very true !

If someone is good at both stocks as well as crypto then it's only a good thing as he will be able to gain profits from multiple sources.
It's not about belief but about what suits the needs of one and how it benefits him.
I am personally exploring both stocks and crypto and right now I am more into crypto.
Investing more and trading with a short amount for now.
I haven't tried to invest in stocks yet as it's hard for me to understand it. I am more into cryptocurrency trading. It's much easier for me to trade/invest in altcoins that have potential and promising to rise. In the future, If I get a chance and got a good budget, I want to know more about stocks trading as I think it's needed more money for stocks trading compared to cryptocurrency trading.
- Knowledge in stocks is difficult to understand when the influences in this market always start from different corporate regulations, strategies, politics and economic perspectives, there are almost a lot of factors that require us to have a clear explanation in order to be able to invest. Crypto is more about demand and novelty, it doesn't stick to too many regulations, people like it and it will increase in price, investing is also easier to understand, if crypto disappears in the future, I will be able to redirect but otherwise, here getting benefits is still a good plan