Post
Topic
Board Trading Discussion
Re: Trading or investment! What's your take?
by
isaac_clarke22
on 28/04/2023, 09:48:06 UTC
Investing can also be trading, depends on the timeline we’re talking about.
What you should be more focus to is to increase your knowledge about the market, and know if you can do trading or you prefer more to become a passive investors. I prefer more long term investing, but I can do trade as well though recently the market seems not in favor to my decisions and that’s why I stop trading for now.
Although you're right there, people perceive investment as just purely hodling and not really trading anything especially with Bitcoin. It's usually synonymous to long-term investment while trading is like either quick investment or short-term investment specifically like doing day trading where you treat your coins as your 9-5 job inside an exchange you're currently holding your coin.

I do also prefer long-term investment like you although I do not trade anymore since it is not really for me and having to stare at the monitor and charts for almost 8 hours with breaks would drive me insane.

I prefer holding bitcoin because I don’t want to be among people that will regret why they didn’t accumulate bitcoin when the price was still low, but holding a coin is not really a easy task, you have to be dedicated and you should be able to control yourself. I also trade so that I will be making little money to sustain myself.
People commonly have the misconception that they want to trade as they wanted to earn profits daily, but ya know reality sucks and it doesn't work that way, lol. I also prefer holding just like I previously mentioned to my reply here.