Quote from: I_Anime on December 01, 2024, 10:22:49 PM

Quote from: MissNonFall9 on December 01, 2024, 05:02:18 PM

Yes, I have already invested some amount, and your advice is very important to me when I change my investment plan in Bitcoin based on your opinion. And I never thought that you would give me so many words of advice. Anyway, I feel like I am one of the lucky ones (I am not exaggerating). I believe that one day I will be able to do something good and seek the right knowledge. And trading is not my favorite subject. So I have no desire or aspiration to move towards trading because it seems more dangerous to me.

Trading not bad though but I will say you're making the right choice avoiding it ( trading) , because trading not something one can start without having good knowledge on how it works and stuff because to understand trading takes time and energy, and also determination, without any knowledge you will only get yourself rekt (losing everything).

But for Bitcoin investment all you need just some basic knowledge and you good to start , and you can continue to expand your knowledge to make your holding or investment better each day , and this thread can help with that , due to the knowledgeable users here just stick around and Secure a smooth investment tho they would be done up and down in market but still stay strong 💪

The term scripto trading may sound small but it has a lot of significance because investing is as easy as we can start trading but we can't start trading as easily. The main purpose of our trading is to make profit, that is, we have to be aware of the changes in the market at every moment and we have to mark these things regularly when the market is changing from negative to positive. By regularly marking these things we have to buy any coin at a certain time and after buying we have to fix a target of when we will sell those coins. If there is any mistake in this plan then money can be lost instead of profit so trading is always riskier than investing.

On the other hand, investments are usually planned for a longer period of time, that is, after investing, investors do not have to think that they will have to sell their coins due to small changes in the market. Those who are affected by small changes and sell their investments I will not call them investors but I will consider them as traders. But if the investment can be made consistently and if the investment can be held for a long time then there is a possibility of getting a good amount of profit from this investment even with relatively less risk of money.