Quote from: taufik123 on May 31, 2024, 06:40:05 PM

Quote from: shinratensei_ on May 31, 2024, 04:59:05 AM

-snip-
Honestly if the money is abundant it might make sense to invest the money into some kind of flexible saving or some thing that gives promised APY but also give the safety, since we are just seeking in fulfilling basic needs, I think those APY of 5% are fine if our capital is big, but if we have small capital, trading is definitely the way to go.
it always comes down to being flexible based on our own capital and capabilities, i personally think many other also using the same strategy.

There are many kinds of platforms that provide flexible savings as you mean, Crypto or Even Non-crypto.
Exchanges like binance provide this kind of savings with an APY of around 7.22% for USDT and can be different for other coins.

For trading using small capital it is also not very effective, even it will take a long time to make a profit.
But with large capital it will be done quickly as long as you know how to do good and correct trading management and understand technical analysis.

If I had enough money, would buy some Bitcoin for the long term and potential altcoins like ETH, that would be my investment.
And to meet the needs of flexible trading and staking, it can be an original choice with sufficient knowledge, and Fiat or cash is a must-have.

When you do have that sufficient or simply a big capital or amount then you could really be that versatile as much as you could on which this is something the benefit or advantage when you do have that bigger amount or money that you could really be able to put on. Even if we do speak about saving it up or staking with having that considerable APY then it would really be that an advantage but of course in every advantage it would really be having also that cons too on which this would really be that particularly connect out when it comes to overall security on which we know that exchanges could really be having.For me even on how interesting or really that tempting that APY but still im not really that too confident on leaving up my funds on exchangers whether it would really be small or big, i just cant bare up with the risks.

Speaking in choosing in between day trading or long term then it would really be just that depending on you because you are the ones who would really be making out some trading
and you are the ones who would really be doing the planning and the decisions that you would really be making.