Post
Topic
Board Nigeria (Naija)
Re: Investment or Trade
by
Huliya
on 24/03/2025, 23:53:24 UTC
Are you willing to invest or are you willing to trade

Let's start with trading first. Getting rich in a short time by trading is not a scam. For example, you can get rich in a very short time by trading if you have sufficient knowledge and experience. There are many risks in trading. Just as you can get rich in a short time by trading, you can also become a beggar. In trading, you need experience and sufficient knowledge. Many people can gain that amount of experience and knowledge in 1 year, while many are not able to gain experience and knowledge in 4 to 5 years.

You do not need much knowledge and experience to invest. For example, if you have basic knowledge about Bitcoin and basic knowledge about the investment process, you can invest. The risk in investing is much lower than trading. Patience is needed to invest. Those who do not have patience get out of investing within a few days. When investing, you need to keep a long-term goal, such as keeping an investment period of 2 to 3 circles.

In this case, as a newbie, which one would you prefer, trading or investing?

You have said a lot about trading investment. So I don't want to say anything new.

As a small investor, I will mostly support investment. But trading is a learnable subject. If you can learn trading, you can make money anytime you want. If you are a more experienced trader, you will understand when you should trade and when you should not trade. If you can make a few trades a week, I think it will be very easy to make a living. So I always respect good quality traders and inspire them to move forward.