Now let talk about trading, trading has to do with buying and selling of assets in the crypto market, within a short period of time, either within a minute, an hour or in a day.
In trading you have to get full knowledge about the crypto market, in other for you to carry out technical and fundamental analysis before you can be able to place a trade.
In trading you monitor the crypto market to enable you make quick decisions and react to the market fluctuations.
Well said, but how do you now differentiate Trading and investment in cryptocurrency?
trading and investment is not thesame thing to my own best of knowledge I we explain breafly the difference between trading and investment, in trading trader's buy and sell assets frequently in other for them to profit from the price movement.
In trading you have to carry technical analysis, fundamental analysis and any other analysis before you can be able to place a trade.
In trading you have to monitor the trade continuously in other for the trader to know what is going on in the crypto market, to enable the trade make decisions and react to the market fluctuations.
Now let talk about investment, investment has to do with the accumulating of crypto assets either bitcoin or any other altcoins, for the purpose of hold it for a long period of time, 4 to 10 years or there about, depending on how long the investor intend to hold unto it, but it must be up to 4 years or more than 4 years, (because holding an asset for less than 4 years is not an investment and quote a legendary member jayjuangee for this statement I just made, because I have learnt alot about investment from him)
In Investment you don't have to get full knowledge before you can invest, because you only have to carry out fundamental analysis before investing.
In investment you don't have to be monitoring the market for the price movement, you only buy and hold.