Quote from: Rruchi man on May 24, 2024, 11:16:06 PM

Quote from: VicManton on May 23, 2024, 03:40:14 AM

if a person saves $1m, he could end the year with a good sum by just holding his asset, while a trader could turn little amount to huge one, it could go at that same rate too, so which one would you prefer as a trader and why

I prefer to take the risk and try to make more than what I expect because by saving there is a limit in number to expect, but not with trading which I could exceed the number that I have set to make if I had saved the money, Also know that in a years time, due to the many things that can happen, any amount of money saved in fiat can loss value to inflation. The only time you should consider saving more than trading is when you know that your knowledge in trading is limited and not enough to make you consistent profit.

In trading its 50/50 and you said you are willing. I think you would give this a second thought if the amount of money that is allocated is high. Ill rather not save but use the money to start us something. The two are risky, if you trade you may end up losing your funds quicker and if you decide to save inflation would catch up on you. Well i think it depends on the individuals financial goal that he may choose to save or trade. If i want to be a millionaire and be financial stable i will not choose to save either ill rather join you and take that risk in trading but i will be very careful in the assets i choose to trade as well.