Post
Topic
Board Trading Discussion
Re: Trading not a get rich quick
by
Dunamisx
on 02/05/2023, 13:29:40 UTC
This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling.

Whenever we put in for trading, then we should know in the same view about what's at stake, which os either we win or loose an in the case of gambling even though trading is not gambling, but we take same risk because we uses our money for it and on the same view have the opportunity to earn or not.

Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours.

Ofcourse if the price goes dip and the investor can hodl with more patient or target the bullrun, there's more likely possibilities to make more return on your investment but you need to hodl, this makes it not a good advice to lend money for an investment because you will be pressured for the refundment.