I recommend you to choose the path of investing if you want huge profits from Bitcoin because trading is something that only a few people can understand fully and most of the traders often tend to lose money instead of earning any profits. I'm a trader myself and I can surely say that trading is a very risky thing for most people, and the main reason for such risk is that people want huge profits in short time which isn't likely to happen.

If you really want to have better profits as a trader then you'll have to be patient and give proper time to master a trading strategy and once you master it then only make trades according to that strategy. The investors simply invest in an asset in this case (Bitcoin) and wait for at least 2-5 years before selling that asset to earn profits. The longer we hold the higher will be the profits and that's why people say HODL your Bitcoin if you want to have a life free from financial worries.

You have said it all here. Investing which you called long term and which involves low risk also may provide low profit compareed to the commutative profit of trading which will be comparatively higher. But the trading involves not only higher risk, but also higher capital in order to make good daily profits
While someone who does not actually understand the market very well can invest and yet make good profits, someone who doesn't know about the charts and doesn't understand day trading will only lose all their capitals.

Another consideration is the amount of time you want to give cryptocurrency. While a day trader may need to make trading their full time job. Someone investing will only make passive profits and still have time to do other things

For the lack of opportunity to land a job these days, building a career as crypto trader might just be a good idea. He just has to spend a lot of money and time to learn though. Training yourself to trade is gonna be fun but also horrifying once he experiences these I guess he can decide which route he wants to go. 

To me its easier to just become a trader during a bull run and just be a long-term holder in the bear market. Just keep busy while waiting for the bull market again by becoming a gambler.

Of course, you can first consider trading and investing with the money you earn from trading. You should always have a strong back. Do not play the last match to lose.

You already knew the difference and the risk involved in both. So, how it is still so difficult for you to decide, I think you love your money so much that now you don't want to see it moving into another form, either making you lose or profit. Well, if that's the case, then first you have to stop doing that, and should make up your mind first. What is your time period, in which you wanted to make a profit, what is your capital, because in holding we might start with lower capital but in trading, we need more money to start.

In my thoughts, if I were in your place, and I have little knowledge of investing and trading, and my aim is to make a profit out of my $1000 dollars, then I would definitely go for holding, at the current moment, because the market is moving up and making trades in this highly volatile market is so the risk for a newbie. And for start doing trading, you first have to learn a lot of strategies and techniques, means, learning to trade is harder than learning the basics of Holding. Besides all this, I would go for holding, as the current market is in favor of doing holding.

Let's say, you have $1000 dollars and you want to do a lump sum at the current market rate, you will get 0.03218 BTC and if you hold it till BTC reaches $100,000 or more, you will be able to make $2000 profit on your $1000 capital. This is good in my sight, but you can definitely make more in trading but you have to be careful and I don't think you can make that much money if you select the BTC pair. Maybe in Alts you can make it.

I don't know why, but you are spitting facts about me,  I just stepped into future trading, a few days back, and the experience was not so fascinating, Lost all of the profit and capital. But the experience of learning and observing the risk and on-field experience was really good. The time to learn, practice, and memorize the basics and lessons of trading are too difficult but I would say they are not that difficult and worth it. Because even if you become a software engineer or website developer, and find a job, and start making some good money, you cannot make money, that a person who started with you, and is in trading.

I have seen people shifting toward crypto trading even after doing a job and making a good career.

I would call it the total wastage of time.

OP, both are good. Doing any of the two (or both) will depend on you and your level of exposure to it (them). However, if you're a greenhorn in this industry I suggest you just buy and hodl. Don't trade, except you've got any trading skills (I doubt, anyway, if you've).

Your concern should be trade or hold. Because when you enter into trading and buy a coin, you have already invested in it. Now you are part of the coin; if it dumps, then you lose; if it pumps, you gain. Hold means you hold it for a long time until you reach your desired price. Any cryptocurrency investment is highly risky. No matter whether you are trading or holding. Usually 'Investing' we mean investing in a brand new project. But it seems you mean it as a long-term holding. There are no high or low risks; you may lose big from both. I will advise you to make a decision based on your experience. If you aren't a very good trader, then you might choose to hold. Also, you should understand when you should hold, so experience and knowledge in crypto will play a major role.

Either of these two can give you profit, but doing both can give you massive profits. It all depends on how are you willing to invest time with bitcoin or crypto in general, if you have ample of time you may wanna spend in trading because trading is a good way in market to gain profit in daily or regular intervals you want. On the other hand, if you don't wanna be on your monitor in most of your time, then you can invest and hold bitcoin until such time that market turns green or enter a bull market. But trading involves more risks thank merely holding your bag, it's like walking on the streets trying to buy the cheapest coins vs holding your bag while watching tv program at home.