Ok, we are here on Binance, but before we start, do you know the differences between investing and trading?
Investing
Involves acquiring financial assets in order to hold them long term to obtain returns or interest as well as capital growth.
This implies investing over several years or decades and represents a lower risk since it involves investing in solid companies or different assets.
Trading
Like investing, financial assets are bought and sold, but in trading this is done with a short-term perspective (minutes, days, hours).
In trading, the goal is to achieve the best return in the shortest time possible.
This implies that by generating a greater opportunity for profit, it can increase the risk of significant capital losses due to the exposure taken.
Do you trade or invest?