Quote from: justinlamode on July 16, 2025, 09:06:20 PM

Quote from: Israelgogo on July 14, 2025, 12:13:41 AM

The question is will 1 Million naira make good results in btc trades now, or investment of btc?

Trading is a good business if you have mastered the skill and with it, you will make far more than you can earn from holding the money in Bitcoin investment. However, considering the risk of trading which is the risk of losing all your money, I will go with investing that money and holding it because I'm sure that in few years from now, the money would have increased.

All risks go hand in hand with profits because after all in this case it all comes down to choice because I think for now it's not really about what amount you will start with as initial capital but your seriousness about what you will do whether it's trading or investing.

Because if only the benchmark for profit alone then our expectations will be too far away by assuming that the initial capital we have will multiply in a very fast time but in fact this is clearly wrong so that thinking like this must be minimized a little or a simpler term is that you should as much as possible put aside your high expectations when in this scope.
We must be aware that both trading and investing have their own risks and instead of prioritizing thoughts about instant profits, I think it would be better if someone, especially a new person, understands more about how they know the risks that exist and are ready for it and of course this must also be supported by learning.
Being in investment or in trading is not as simple as saving money and then getting profit afterwards and when there are still people who have this mindset then they will not be able to get out of the naivety that will forever be like that.