Post
Topic
Board Bitcoin Discussion
Re: Is it better to invest or trade Bitcoin?
by
benalexis12
on 29/10/2023, 14:42:49 UTC
All of us who are involved in cryptocurrency have heard and know to some extent about investing and trading.But I know that there are risks in investing and trading.To do these you need to know some basic things and gain experience.The main difference between investing and trading is the investment period, methodology, risk-taking propensity. Whether you are an investor or a trader depends on your financial needs and investment goals. Investing is long-term and involves low risk, while trading is short-term and involves high risk. Both methods can be profitable if the right strategy is adopted.
Which one is better if I want to invest and trade bitcoins.



If I'm the type of investor who doesn't want stress and hassle, I'll choose investing. I have nothing to do but wait for the right time to sell bitcoin or cryptocurrency. But of course, that still depends on your decision.

None of us here can dictate to you what you should do with your question. Because in the first place, you should know yourself: what kind of trader are you? Are you a long-term trader or a short-term trader?