Post
Topic
Board Economics
Re: What is better - cryptocurrency trading or investing?
by
Congyang
on 31/01/2022, 18:54:56 UTC
Apart from that basically either investing or trading in crypto is profitable,
but again it all depends on each strategy because if we are not careful then we might lose money,
and if I have to choose which one is better I can't seem to do it
Doesnt matter on which one we would choose because same as you said it would really be depending on your strategy and as long you could make out profits
then neither of the two would suffice thats why it would really vary on your own preference because some people do prefer one but you could actually
engage on both things if you do have the funds and if you could able to bare with the risks.
[/quote]
because indeed both are still very profitable but with a note possible for trading always pay attention to what coins we buy and maybe this also applies to long-term investments.
On the other hand, for long-term investment, maybe we shouldn't panic and worry too much about market conditions and all you need is to focus on your target, how far you will survive there because of course when we invest for the long term, of course, we also have to be there. the target is how long we will hold the coin and at what price point we will hold it