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    Author Topic: Is it better to invest or trade Bitcoin?  (Read 1687 times)
    bayu7adi
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    dont be greedy


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    October 26, 2023, 01:11:00 AM
    Merited by fillippone (1)
     #101

    If I recall correctly, on average, 90% of the traders lose money. Buying bitcoin and holding doesn't require any particular ability besides being patience, something that of course not everybody is. If you want to trade you need to spend time studying and also you always need to stay behind the market, it could become an actual job ma very few people are good at it.
    For individuals with significant expertise in trading, it appears they can consistently generate income on a daily basis or at least every three days through their trading endeavors, especially in the short term. So, what causes some people to believe that many individuals experience losses in trading and have to endure financial setbacks?

    I, too, am among those who are not adept at short term trading, and in my opinion, this relates to one's level of experience.

    In the realm of daily trading, we are constantly compelled to monitor the market and analyze candlestick patterns each day. Many techniques demand a significant amount of time to achieve accurate analyses. For seasoned traders, this remains the preferred choice. However, for newcomers just entering the world of crypto markets, it may be prudent to opt for long term investments.
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