Quote from: john_egbert on Today at 10:28:02 AM

Quote from: Gentle_Soul on Today at 09:25:33 AM

Trading is not done out of desperation and the longing to make instant money if not followed with the right mindset and approach followed with the basic knowledge it could be disastrous
There are loses and gains when it comes to trading loses should be a calculated one but how then do you know which is going to be profitable every risk should be calculated squarely

Agreed with what Sim_card already said.
You can make short-term gains or get into trouble, OR you can hodl, see your investment grow, and prosper in the end by much, much more.
Your pick.

Everyone has their own path in the crypto world, some are investors, some are traders. But if we ask which is better between these two paths, in my opinion becoming an investor in the crypto world is the right choice, especially investing in bitcoin. So why should we choose to be an investor rather than a trader in the crypto world? The answer is simple. Because being a trader takes up a lot of time. So if you are an office employee, you will definitely not be focused on becoming a trader. Then becoming a trader also has huge risks, especially if you don't trade in Bitcoin. Because very fast price fluctuations can be a very dangerous threat for a trader. Then becoming a trader too, requires very large capital. Because a trader is looking for profits in a daily or weekly time frame. So, for example, if the capital is small, I don't think it will have satisfactory results (if you make a profit). So basically there are many other things that make us better avoid becoming a trader in the cryptocurrency world. So it's better to just invest in bitcoin, because by investing in bitcoin, we don't need complicated analysis or large amounts of capital. Because by investing in bitcoin, we only need to do DCA with the cold money we have and we continue to do this until our investment goal is achieved. So in essence investing in bitcoin is easier when compared to becoming a trader.