I overheard my coworkers discussing the idea that new investors in crypto cannot make profits without possessing trading skills. I would like to initiate a discussion on whether this claim is true or false. In my view, this belief is a false notion that is spread by individuals who want to discourage those who are curious about investing in crypto. What is your perspective on this topic?
Guys, I mean what other ways can newbies benefit from crypto investment without having to be a day trader or a professional trader. Because I believe there are other ways to earn aside from trading.
It’s certainly a myth only. Trading is said to be very profitable especially for those who are skilled and knowledgeable traders. But investing is also a means to make profits especially for those who are long term hodlers because definitely their profits will be a lot bigger. However, I would say that both can still be profitable especially if they trade or invest accordingly.