Post
Topic
Board Economics
Re: What is better - cryptocurrency trading or investing?
by
Coroline
on 16/07/2021, 20:56:58 UTC
For people who are trying to earn from Bitcoin every day then he will apply trading in pursuit of profit. In a number of cases, there are people who are trying to make the Bitcoin market a living (trading for living). With the time he has, the trader can follow bitcoin price movements from second to second, minute to minute. This of course is not suitable, say for workers who have other activities during exchange hours.

On the other hand, there are people who are relatively relaxed in pursuing profits, namely by investing. These investors do not pay attention to daily stock price fluctuations because the shares they own are held for a long period of time (several years) until the price is reached according to their financial goals.

Which one is better? Neither trading nor investing is suitable for some people and not suitable for others. Whatever the choice of a suitable and convenient way for Bitcoin market participants, the important (and not easy) thing is consistency in making profits.