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Author Topic: Which are you doing? Investing or Trading  (Read 2957 times)

Offline Best

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Which are you doing? Investing or Trading
« on: March 02, 2024, 11:37:29 AM »
As the market is super high everybody is showing off they know what they are doing. Hence, looking for clout that they will chop off their money for Signals. But in all sincerity, we all know that in this season, no one can ever go wrong because everything they do will be right...

As a good trader, do you keep on advancing your trading skills and Invest in coins that will do better or do you keep trading?

The reason I asked this is because I don't want to succumb to my thoughts on the noises I see on different platforms.  Maybe I might be thinking it wrongly because I think, this is the best time to invest yea, mostly in good projects

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Which are you doing? Investing or Trading
« on: March 02, 2024, 11:37:29 AM »

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Re: Which are you doing? Investing or Trading
« Reply #1 on: March 02, 2024, 12:19:47 PM »
Do both things if possible but of course this is something that not anyone could be able to pull off because this would really be requiring such skills and experience on which this do talks a long time engagement or involvement in trading. We do know that this is something that cant really be that be able to handle or skill that could be acquired. We do know that investing is something that gives out that kind of opportunity that you could be able to make profits but somehow dont make yourself that being too confident because risks is really that still involved into it.
As much as possible you should really be learning up skills which it would be something that would be beneficial for long term.

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Re: Which are you doing? Investing or Trading
« Reply #2 on: March 02, 2024, 12:27:18 PM »
I am doing both. I am investing on bitcoin from last one years. I already holding near about $2k Bitcoin. And Some Altcoin. I think Bitcoin will give me healthy profit. My average buying price near about $32000. Now i am near about 2x profited. And i want to hold it till 2025.

And i also trading Bitcoin and some altcoin. Now i believe bull session ruling so all cryptocurrency market are up. This market trading is risky but i am doing is very carefully. But i am trading for maintaining for my family.

I think before Bitcoin halving Bitcoin price will hit new ATH and touch $70k. Now bitcoin price is near about $62k. So if all were ok then it bitcoin price will go above $70k easily.

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Re: Which are you doing? Investing or Trading
« Reply #3 on: March 02, 2024, 01:34:40 PM »
It's a balance, you know? Investing in solid projects for the long haul while also refining your trading skills for short-term gains. Can't ignore the noise, but gotta filter it too.   ;)

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Re: Which are you doing? Investing or Trading
« Reply #4 on: March 02, 2024, 03:19:27 PM »
If you have knowledge then you can do both because investment does not require to look into price chart whole of day so invest some amount in top coin like Bitcoin and altcoins and also initiate trading at the same time but if you have knowledge about trading.

Beside bitcoin and Ethereum there are some altcoins which are ADA, Solana, Matic and many more so you can easily invest in these without investigation because these have proved that they can show better value in coming Bull season.
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Re: Which are you doing? Investing or Trading
« Reply #5 on: March 02, 2024, 05:24:37 PM »

The reason I asked this is because I don't want to succumb to my thoughts on the noises I see on different platforms.  Maybe I might be thinking it wrongly because I think, this is the best time to invest yea, mostly in good projects

I stopped trading because it's time-consuming you have to be dedicated and always check the chart and of course, you need to be well-funded too, compared to investing you just need to check the fundamentals, check the potential of the coin, check who are the team behind the project if they are capable to complete the goal of the project, and the usability of the platform and how the community accepts the platform.
Trading is more profitable than just investing but if you have other business or you have an 8 to 5 jobs investing is the best option.
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Re: Which are you doing? Investing or Trading
« Reply #6 on: March 02, 2024, 05:29:55 PM »
I do both of course, which is most of us here too. Although I don't trade that much, since i always do long term investment. Last time i day trade already months ago with no luck, so i just do trading when i feel like it. Invests little by little or stacking is a way of mine from my signature campaign payments weekly and look now, it's almost 100% increase since the time i started last year.
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Re: Which are you doing? Investing or Trading
« Reply #6 on: March 02, 2024, 05:29:55 PM »


Offline Faisal2202

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Re: Which are you doing? Investing or Trading
« Reply #7 on: March 02, 2024, 09:12:10 PM »
As a good trader, do you keep on advancing your trading skills and Invest in coins that will do better or do you keep trading?
I got your point and the situation you are in, and I don't invest in coins that will do better, on the basis of skills that I have advancing not. Because I am so lazy, but I don't want you to be one the same path, I want you to be on the path where you will be advancing your trading skills and finding new crypto assets to invest in.

So that you could make more money, there is no noise in it and you are good to go. And I can't agree more with you on the fact that the current situation of market is so bullish that in whatever coin you invest you make profit. Some makes you less profit while some makes you more. The choice of tokens decides the profit. And I am doing holding at the current moment as I don't have great trading skills and that's why I prefer investing at the current moment.
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Offline armanda90

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Re: Which are you doing? Investing or Trading
« Reply #8 on: March 02, 2024, 10:56:22 PM »
I prefer with trading and try to take profit as long possibility around few percent in daily day, but when floating position my trading decision become investing until return back to the higher price. I adapt well with my coins price position if can take profit in daily day is better to be trader and have to be holder or investor when my coins investment dropping price drastically. Right now more be careful when investing in some coins and prefer waiting for longer time with coins price really drop, I won't to be long term holding any more because less capital and other side must have income in daily day.
Trading is the best way for me but if you have much money by investing earn large profitable than your expected exactly how bitcoin and altcoin price pump currently.

Offline Papusha20

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Re: Which are you doing? Investing or Trading
« Reply #9 on: March 02, 2024, 11:07:58 PM »
Signals given by others are not always correct, signals usually lead to missteps and accidents. If you can perform market research and trading yourself then you will surely get benefit here. But if you have made 70% of the market based on signals given by others. So I say you build yourself up, you do market research as signals are appropriate. The more market research you do the better your knowledge will grow so perform trades to expand your knowledge.

Offline vegasus

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Re: Which are you doing? Investing or Trading
« Reply #10 on: March 02, 2024, 11:34:48 PM »
Both, but  not for future trading market.
Because basically, trading is quite risky, so it is not done for future trading which in fact has very high risks. When trading on the spot market and not limited by numbers, then I think it's okay to do it very carefully. However, it will be much calmer if you just invest in top coins, not hype coins. Because hype coins are usually only when they are hyped, if they aren't then they will be quiet again. And we are used to this, especially if the coin backfires for us to lose our money immediately.

Online UNIVERSE

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Re: Which are you doing? Investing or Trading
« Reply #11 on: March 02, 2024, 11:51:59 PM »
As a good trader, do you keep on advancing your trading skills and Invest in coins that will do better or do you keep trading?
I will never stop trading because trading won't bother our investment. It even makes us more familiar with crypto coins and the trends. So, it helps us to choose the coins for investment, too. Because trading looks good during the bullish season, we can continue it. I see the coins easier in increasing, so we have better chance to get profits in the near future.

I am aware to have the investment, too. Although I'm trading coins, I also have investments. Bitcoin, Ethereum, Polygon, Solana are the examples of some coins that I invest in them.


Offline Captain Corporate

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Re: Which are you doing? Investing or Trading
« Reply #12 on: March 02, 2024, 11:58:03 PM »
There is nothing wrong with doing both of them, its totally reasonable and I would expect everyone to be quite similar. I do invest heavily, but I do put some aside as trading money and that has always been like that. I believe that everyone has to be some type of trader, because learning how to be a trader is a job of its own. Doesn't mean that you will start as a great one, but to be fair nobody starts any job as being a great one. Imagine becoming some accountant, do you really think that you are going to be awesome at it day one? So be a trader, learn and that would make it a lot better for you in the end for sure.

Offline LogitechMouse

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Re: Which are you doing? Investing or Trading
« Reply #13 on: March 03, 2024, 08:46:22 AM »
Quote
Re: Which are you doing? Investing or Trading
If it's "Investing or Gambling", I will pick both of them since I tried gambling on some sports bet again. Between the 2 though, I'll go with investing alone.

I can't do both at the same time. I know that trading can be for everyone but not everyone can be profitable in trading, and I'm one of them, unfortunately. I don't know why, but I already realized that trading isn't for me. :( Anyway, I'm focusing more on investing because time is on my side, and I want to approach the volatile market in a semi-conservative way so I just invest into good projects and hold it until the time comes that I need to sell it for profit.

It worked for me in 2021, but I didn't sold all of my holdings at that time. Now I will not do the same mistake again. :)

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Re: Which are you doing? Investing or Trading
« Reply #14 on: March 03, 2024, 09:09:20 AM »
Everyone tries to tell you that they know more about Bitcoin or that the prediction is correct, but once the price breaks the $68,000 barrier, no one can tell you what will happen next, as there is no historical data to support any direction for the price, and no real support or resistance points are formed, so the rise will be rapid. And continuing until it reaches $100,000 or even $150,000, and then the correction will be very close. Rely on your personal analysis, do not be greedy and remember that the price will not rise much above $150,000, and even if it does, a correction is the next option.
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