Post
Topic
Board Bitcoin Discussion
Re: Is it better to invest or trade Bitcoin?
by
kotajikikox
on 01/11/2023, 03:59:21 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.


Have tried using Bitcoin as trading tools when the volatility seems to be going meaning when the market completely goes up and down but i doubt that will do that again because instead of trading , I will keep them holding for better result .

and instead of using bitcoin , i will use altcoins instead because they are fast moving(but fast dropping also)
since you already knew the risk then I think you are good to go and choose which one to use , but my advise still stand to HOLD and not to trade.