📊💼 What is the difference between Trading and Investing?
(Investing)?
(Trading)
Many confuse trading and investing in cryptocurrencies, but the difference between them is significant in terms of purpose, duration, and risk!
1. Trading: ⚡
Purpose: Quick profit from price changes.
Duration: Short (minutes, hours, days).
Requires: Continuous market monitoring, technical analysis, quick decision-making.
Risks: High, but quick profits can be realized.
Example: You buy a currency at a price of 100$ and sell it at a price of 110$ after hours.
2. Investing: 🕰️
Purpose: Building wealth in the long term.
Duration: Long (months, years).
Requires: Fundamental analysis, choosing strong projects.
Risks: Relatively lower, but requires patience.
Example: You hold a promising currency like ETH or BTC for several years.
Waleed's Advice:
Choose what suits your time, patience, and experience. Beginners often start with investing to reduce pressure and risks.
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