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  • Trading or investing in cryptocurrencies?

     Amphid updated 1 week, 2 days ago 6 Members · 12 Posts
  • James

    Member
    September 27, 2021 at 2:37 pm

    What you guys prefer more ? Trading or Investing. Which platform you’ll choose to get the profit ?

  • Lucas

    Member
    September 27, 2021 at 2:43 pm

    I prefer investing, especially in up coming good and promising projects, this because of the way BTC has grown in price.

    • James

      Member
      September 27, 2021 at 2:44 pm

      Investing in cryptocurrency is one way people are using to get money and become a billionaire

      • Lucas

        Member
        September 27, 2021 at 2:44 pm

        But it doesn’t mean you become a billionaire instantly. You have to research and analyze every coin to make decisions . Truly, investing in cryptocurrency is good

        • James

          Member
          September 27, 2021 at 2:47 pm

          I believe you can become a billionaire

          Trading and investing Bitcoin is a good method of generating profit for your funds.

          • Lucas

            Member
            September 27, 2021 at 2:47 pm

            Trading will give you short and quick gains if you’re good with it. Investing is a longer term approach that will give you profits if the coin rises in value.

  • Benjamin

    Member
    September 27, 2021 at 2:48 pm

    Both are volatile as it’s the nature of cryptos. You may get heavy losses if the value tumbles. Both approaches are good and will depend on what you want.

    • James

      Member
      September 27, 2021 at 2:48 pm

      What you prefer more ? since both are volatile and help to double your money

      • Benjamin

        Member
        September 27, 2021 at 2:48 pm

        prefer investing on a short term. Investing in cryptocurrency for a very short term can be term as trading also. I buy at a lower price and leave it to yield some profits before selling off the coins.

  • William

    Member
    September 27, 2021 at 2:49 pm

    I prefer investing my cryptocurrencies to get profit after sometime to trading them

  • Lovall

    Member
    October 2, 2021 at 9:33 pm

    I would invest in Crypto, there are so many new coins in the market now, that we don’t know when they would takeoff. So, i would invest only the money i could afford to loose, and wait for it. Early investors of Bitcoins would have never thought about this growth, who knows which coin would become the next Bitcoin.

  • Amphid

    Member
    October 15, 2021 at 6:01 am

    Investing in cryptos would be a better option. It’s very volatile. So for trading would need the help of algos and in depth market knowledge. Could make systematic investment in multiple coins and when one sky rockets it would be worth all your efforts.

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