Quote from: hd49728 on September 06, 2024, 10:59:12 AM

Quote from: Iranus on September 06, 2024, 09:35:59 AM

The best way for you to be able to make the most profit in this market is that you need to have a lot of knowledge, your profit will completely depend on your knowledge and experience. I think you should spend a lot of time in the market, then try different methods of making money in the market like holding, trading, staking...and choose the method that suits you best. Because each person has different interests, talents, initial capital...so there will be different choices.

With knowledge and experience, people will discover that the best way to earn profit is investment and holding. With other methods, there are times they will have better profit, ROI in short term, but here, if we only consider long term ROI, investment is better.

If we also prioritize safety of our capital, investment is better too because trading and staking, we will have risk of putting our money in centralized staking pools and trading is risky so trading ROI is very volatile too.

Investment gives us chance to hold our bitcoin, to get better ROI, and to keep our capital safer by holding bitcoin in non custodial wallets.

If OP and everyone has ever heard stories about someone getting rich, someone making huge profits or becoming a millionaire through crypto, then most of those people are long term investors. I have never heard of anyone getting rich or becoming a millionaire through trading or staking.

Long term investment may be considered the safest and best way when it comes to the crypto market but many newbies don't understand that and they get caught up in things that generate short term profits like trading. That's why I told OP to equip himself with knowledge and the profits will be proportional to the knowledge he has. Relying on other people's advice is not a smart investment idea.