Trade or Invest?

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ambar33n

Contributor
Hey guys! I am getting into the crypto market but I have some reservations before hand,

first of all, Should I Trade crypto or just invest in cryptos which are on the rise?
the best crypto exchange out there and how much can I trust online wallets? is it mandatory to have an offline wallet before getting into crypto markets.

By trading I mean buying low and selling High on daily or weekly basis, like turbo or 60 sec trading. Or just buy a currency for a year or so? which will be more profitable?
 
CryptoTC

CryptoTC

Crypto Fat Cat
It isn’t a question of which one is profitable. It is more dependent on how good you are at either one. Most people cannot successful trade short term. It just takes one or two wrong moves to wipe out a lot of gains. Plus taxes in trading can get you.
 
Jiten Rajput

Jiten Rajput

Contributor
Trade or invest is up to you. Whichever you are good at. You will have to look for the most suitable exchange for yourself as there isn't anyone which stands out to be the best. And yes it is a good practice to have funds stored in offline wallets.

As per my experience, generally long-term yields more profit.
 
Old Man Crypto

Old Man Crypto

Expert chainblocker
Invest. Take it from an old man with some years of success.

Invest with a 20 year horizon. Future you will thank me.
 
BitFit

BitFit

Contributor
Old Man Crypto said:
Invest. Take it from an old man with some years of success.

Invest with a 20 year horizon. Future you will thank me.
Click to expand...

Lately trading might have been better if someone had the insight to sell before these huge dips and buy back between each run.

I’m starting to wonder if crypto is a good long-term hodl at all. Maybe just bitcoin and one or two others. Keep plugging with bitcoin I guess. Use dollar cost averaging like you older guys have recommended.
 
CryptoTC

CryptoTC

Crypto Fat Cat
BitFit said:
Lately trading might have been better if someone had the insight to sell before these huge dips and buy back between each run.

I’m starting to wonder if crypto is a good long-term hodl at all. Maybe just bitcoin and one or two others. Keep plugging with bitcoin I guess. Use dollar cost averaging like you older guys have recommended.
Click to expand...

Lately it’s been send your money to an exchange, buy crypto, sit back and watch your wealth disappear. Quickly.

As they say, learning opportunity. Tough lessons leave the greatest impact.
 
C

CryptoMate

Contributor
It's better to invest for this moment. Although the competition in this topic is considerable, that's why the currency has been standing for a long time, but the time will come when we will gain from it;)
 
randalbwilki

randalbwilki

Contributor
Greetings,

My name is randalbwilkins I need to buy 3BTC for my uncle… old man is looking towards joining the Blackrock club… please anyone who is ready to sell to us, email me [email here]

Note: scammers keep off, and please we’re using Escrow… so don’t waste our time
 
M

Maharja

Contributor
I started with investments, as correctly written above, it does not require special skills, you can learn literally in a week, if you know the smart places, but for trading, I personally studied in the online academy, so in general I do not recommend especially for beginners to do it, only lose money on it, it is better to thoroughly study the topic and only then decide whether it is worth it to you specifically, and you will lose a lot of nerves on it, in general, again went to grow the market NFT and Metavieweleniya, a lot of them appeared in the last six months, advise everyone I know. That's how it is, so I try to save money in general in different directions, very interested in the work of Metaverse: Evolution or Scam? Lado Okhotnikov Knows What to Do in the Virtual Universe Lado Okhotnikov SEC, I still finished their academy of cryptocurrency, and it is also free, so perhaps I believe in their success, there are already games where people just play and get for it or NFT, or cryptocurrency, thus earning, especially in Korea is popular this topic, and in general, maybe there is someone who is specifically an expert in NFT, what in general can you say about today's market and what to expect? Because, again, a lot of people have given up on it, but personally I think NFT and Meta market has a great future.
 
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