Post
Topic
Board Nigeria (Naija)
Re: Tradding Vs Saving, which is the safest way to build crypto holdings
by
Asiska02
on 23/05/2024, 16:34:10 UTC
Anyone in crypto space right now and who has been active will agree with me that one of the vital parts of what makes cryptocurrency trend and go viral is the fact that it volatile and this has made the whole blockchain interesting, I mean the fact that one can easily turn some penny into a huge amount of money within a short timeframe makes it attract people from  all over the world aside from sending value.

E dey very much well for dis kind of people to also know say all dis things no be by mouth only and dey gats put something into it for dem to get achieve the better side of this cryptocurrency. Wetin I mean be say, dem gatz learn one or two wey go guide dem along the way to make better trading strategy so dat them go benefit also from all dis opportunity wey crypto dey provide for people. Trading dey more risky dan trading and if you wan check into the two, dem both get advantage and disadvantages. So to better place yourself for the one wey you fit do, you suppose sabi learn wetin entail for the two strategy wey go make you earn from dis cryptocurrency.

Better investing with a minimum amount you can afford to loose and not about having all your life time savings to invest on the Crypto currencies. Meanwhile, investing and holding with a set of goal while expecting a market rise before selling is usually safer than trading.
Traders actually counts more lost and can as much stand the chances to gain because they do not t resist market price of when to sell and when to buy as inventors may always consider the market price.

With savings, you risk less to losing more money whereby in trading you risk more to losing more money. Trading also gives avenue to become profitable within a short period of time and savings will only have to test your patience on how far you can withstand the market volatility until your target is reached.
Trading is not for the patient ones, they are for people looking to get quick money in cryptocurrency while savings(holding) on to those coins will always test your patience as a person. They are both good, and have their pros and cons.