Post
Topic
Board Trading Discussion
Re: Trading or investment! What's your take?
by
nurilham
on 21/09/2023, 21:52:43 UTC
There are many things that need to be understood before we start trading or investing. If we don't really understand both of them, it's a good idea for us to choose which area we are good at so that if we do, we don't experience big losses. If we understand these two things, it will certainly benefit us a lot do both of these things.
Of course, we must have sufficient knowledge first. It is the first thing to do before we begin an investment or trading. We must know that investing or trading in crypto is high risk, it is just stupid idea to do it with lack knowledge. Regarding the possibility of losses, it is something hard to avoid totally. There should be time when we can't avoid a loss. But it is true that we can avoid big losses if we understand how crypto works.

I'm sure it is difficult to understand both if we are still a beginner. We must focus on an investment or trading first. Since trading seems more difficult to understand, I think we are better to focus on an investment firstly when we are in the early of our journey on crypto.