Post
Topic
Board Bitcoin Discussion
Re: Is it better to invest or trade Bitcoin?
by
LittleBitFunny
on 26/10/2023, 00:36:44 UTC
If they are newbies, they should avoid trading when starting, they will lose money because they do not have experience and knowledge, investing will be more suitable for them. But if someone has knowledge about the market and wants to try trading, they can also start because it is also one of the methods of making profits in this market.

There are many people who have been making profits from trading, it is not as bad as many people have experienced. So, I find it quite funny that many people don't like trading just because they can't make a profit from it. What's worse is that they are giving advice to others to stay away from trading just because they are not making profits. They think everyone will be like them, LOL.
Actually, if beginners want to trade, that's okay, but they have to learn how to trade properly and correctly. Most beginners rely on information from their friends who often trade, even though that doesn't guarantee they can make a profit.
But if they can learn trading analysis, they can trade according to their abilities and also the more often they learn they can adapt to what is happening in the market.

Those who stay away from trading because they often experience losses should be able to realize that trading is not as easy as they think. They must have good market analysis skills so they can find the coins.
Or if they want to trade bitcoin, they need to be able to know when they can enter and exit the market.

But how to learn to trade properly and correctly? It seems easy to say, but during the learning process, beginners will definitely be greedy and lead to wrong decisions. A newbie can start learning trading with the guidance and tutoring of a good teacher, but if he learns everything on his own, it is not advisable. Personally, I still think it's better for newbies to start with holding.

In general, trading is not easy, even if you have the knowledge, there is no guarantee you will make a profit from it. But we should not advise others to stay away from it, let them try because each person will have their own talent.