Quote from: Altryist on September 01, 2023, 01:33:10 PM

Quote from: Bushdark on August 30, 2023, 08:12:44 PM

There is a big difference between trading and investing which people need to understand although we can make quick profits from trading if we know what we are doing. Investing is all about choosing the right coin project and using you money to buy the coin waiting for when it will be launched before you can take you money from it.

Those would under more about tracing would see that it is very different from each other. You can make quick profits from investment if you put you money in a good promising project and waiting for when the market is going to appreciate before selling the holding.

Often the reality is that trading also takes a very long time before you start making money. Your trading path cannot consist only of profitable transactions, there will also be unprofitable ones, and perhaps even long-term investment can ultimately bring better results than trading. Although at first glance it may seem that trading is fast money, it is not.

And this is true in almost any industry too, I mean if suddenly you decided to become your own boss and you create your own business then it is likely that your business will remain unprofitable for months or even a year, with this in mind anyone that wants to become a trader needs to consider the very real possibility they are going to suffer many losses at the early stages of their trading career.

However many traders do not think in this way, get surprised when things do not go according to their plan and get discouraged by it, to the point many stop trading and try to find another activity from which they could obtain profits.