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Poll

How would you describe mainly your activity with cryptos?

Saving
8 (17%)
Investing
24 (51.1%)
Trading
11 (23.4%)
Speculating
2 (4.3%)
Gambling
2 (4.3%)

Total Members Voted: 33

Author Topic: Saving... Investing... Speculating... Gambling? (Poll)  (Read 11852 times)

Offline Peter90

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Re: Investing or Speculating?
« Reply #15 on: December 10, 2023, 06:52:07 PM »
I believe that one can do investing and trading at the same time depending on the amount of capital you have. Allocating 1/6th of your capital for trading is enough in most cases but if someone can allocate 1/4th of the capital for trading then that's also fine. I would say that a trader always finds opportunities and whenever he/she gets those opportunities he/she can take a trade.

Indeed.
Just a quote supporting your statement:

Quote
In actuality, a person can be all three. A person could have the majority of his/her portfolio in conservative investments, can speculate with a small portion of their portfolio, and take a trip to Las Vegas or local casino (here is Southern California, there are many to choose from) every once in a while.

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Re: Investing or Speculating?
« Reply #15 on: December 10, 2023, 06:52:07 PM »

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Offline Faisal2202

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Re: Investing or Speculating?
« Reply #16 on: December 13, 2023, 06:39:42 AM »
Hi Faisal!
just a stupid question... how is it possible that that was your 1st post when your profile shows 325?  :D
It's not a stupid but actually a good question, I was teleported here from Bitcointalk, I was a active member there and just find out that this forum provides an opportunity to teleport to the same rank that you have on BTT.

That is why my posts are shown as 325.
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Offline Peter90

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Re: Investing or Speculating?
« Reply #17 on: December 13, 2023, 10:37:27 AM »
Hi Faisal!
just a stupid question... how is it possible that that was your 1st post when your profile shows 325?  :D
It's not a stupid but actually a good question, I was teleported here from Bitcointalk, I was a active member there and just find out that this forum provides an opportunity to teleport to the same rank that you have on BTT.

That is why my posts are shown as 325.

Thanks Faisal. I wasn't aware of this mechanism.



Teleporting!
It took 50 years, but finally Star Treck has become reality  :D



Offline MikeKoh

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Re: Investing or Speculating?
« Reply #18 on: December 14, 2023, 05:41:11 PM »
I feel it is trading and a lot depend on luck


Offline compromise me

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Re: Investing or Speculating?
« Reply #19 on: December 14, 2023, 07:16:57 PM »
Do Saving is good idea Saving involves putting money aside with the goal of preserving capital and lowrisk growth. Investing entails allocating funds with an expectation of moderate to high returns over time. Speculating is riskieremphasizing shorterm gains often with higher uncertainty.

The difference matters based on risk tolerance and financial goals. Cryptocurrency activity can vary from saving holding for the long term investing strategic allocation for growth to speculating short-term trading for potential gains.It's crucial to align activities with individual risk profiles and objectives
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Re: Investing or Speculating?
« Reply #20 on: December 16, 2023, 10:54:50 AM »
If we are dealing with cryptocurrencies, then saving is not the best way to multiply them, I understand that cryptocurrencies are risky, but it should be understood that it is not a means of saving, at the moment they serve for multiplication and speculation.
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Offline gunhell16

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Re: Investing or Speculating?
« Reply #21 on: December 16, 2023, 11:38:17 AM »
Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?

I have been in the crypto space for a long time, and all the things you mentioned are things I do as a community investor in this field. It's just a long process before we learn about trading kills. Then, making speculations is based on what we learn or discover about crypto or bitcoin.

If our intention or purpose in entering this business industry is also good, it is not really vague to understand and get profit from it and save through crypto assets that can be savings in the future and for our family.
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Re: Investing or Speculating?
« Reply #21 on: December 16, 2023, 11:38:17 AM »


Offline Gm Jutt

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Re: Investing or Speculating?
« Reply #22 on: December 16, 2023, 12:18:11 PM »
Hi Faisal!
just a stupid question... how is it possible that that was your 1st post when your profile shows 325?  :D
It's not a stupid but actually a good question, I was teleported here from Bitcointalk, I was a active member there and just find out that this forum provides an opportunity to teleport to the same rank that you have on BTT.

That is why my posts are shown as 325.
I was also confused when I saw this but when I saw a tag of Teleported then I get a conclusion that you are from the Bitcointalk forum therefore you are directly promoted to higher rank. By the way keep it up if you can build up you account on Bitcointalk so you can also build up here too.

Offline MikeKoh

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Re: Investing or Speculating?
« Reply #23 on: December 17, 2023, 05:14:09 AM »
I think it is both
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Offline xSkylarx

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Re: Investing or Speculating?
« Reply #24 on: December 17, 2023, 03:01:35 PM »
Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?

If you are speculating, aren't you doing something? I mean, unlike investing and saving, you'll spend money so that you will have a return profit unless you are just speculating and not doing something. All three are related because, without speculation, we won't be curious about investing in an altcoin that we want or saving money so that we can invest. It is the spark within us to do something, so I would say I don't prefer only one, as I do want those three choices.

Offline Fivestar4everMVP

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Re: Investing or Speculating?
« Reply #25 on: December 17, 2023, 07:36:54 PM »
Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?
Well, let me say that there is a bit of difference in saving and investing, but this difference lies in what coin one is buying, for example, we have stable coins like the USDT, USDC and so on, and we have non-stable coins like the Bitcoin, Ethereum, Solana and so on, which of this we are buying will tell if we are saving or investing.

Like for example, someone buying stablecoins, to me is saving, since stablecoins are relatively stable in price, there is a little to no chance of making a profit just holding stable coins, so holding stable coins is more like saving.

But on the other hand, if someone is buying coins like bitcoin, Ethereum, Solana and so on, we can say that this person is investing, since the price of this coins are not stable, they have the potential to fetch in for the holder a lot of profits, as well as alot of loses as well when the market turns red, so, this is investing.

And speaking of speculating, I think this is something totally different, speculation is what leads people to either investing or just sitting and watching, I can't think of any other way to explain this actually.
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Offline gunhell16

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Re: Investing or Speculating?
« Reply #26 on: December 22, 2023, 07:34:10 AM »
Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?

Of course, if I am going to do trading activity, it is necessary to invest, and once I have invested, that is when I do the trading activity. While I do it in actual trade, I will have speculation while I do it technically. analysis.

Those cannot be separated if you are a good type of trader with deep and extensive knowledge of trading. Because if you don't practice this trading style, that means you are a gambler, not a trader.
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Re: Investing or Speculating?
« Reply #27 on: December 23, 2023, 12:23:12 AM »
Making plans to save and invest certainly requires good maturity because, to do these two things, you have to save them in digital or gold form. During this time, never keep assets in FIAT because if you keep them for too long, they will not grow and most likely will not have value like paper currency in Zimbabwe. Buy gold or bitcoin this year and save it for the next 5–10 years, and you will get huge results.

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Re: Investing or Speculating?
« Reply #28 on: December 24, 2023, 11:58:51 PM »
For me myself, I focus more on investing than speculating. I mean that I have certain coins whi are analuzed. and I uave certain target to take profits at least during bullish era. and top coins are my choices. I never put my money on the high risk coins such as new projects or even meme coins. Because I am also not a high risk taker. I also cannot speculate with my money. just choose the coins that have higher possibility to rise in the bullish era.

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Re: Investing or Speculating?
« Reply #29 on: December 25, 2023, 01:58:34 AM »
Investment and Speculation have different criteria and goals. Investment prefers to store cryptocurrency assets for a long period of time, while speculation guesses the price movement of a coin on several grounds such as news and others, while what is safe in my opinion is long-term investment in Bitcoin.

 

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