The difference between trading and investing
People sometimes confuse "trading" and "investing", but in reality, the difference between them is significant.
Trading: This means buying and selling quickly – possibly within the same day or week – to profit from price differences. It means you want to enter and exit quickly to benefit from daily movements.
Investing: This means buying a currency or a project you believe in and leaving it for years. You are not affected by daily fluctuations, because your goal is to achieve a significant profit in the long term.
Who wins? The one who understands what they are doing and has chosen the right method for them.
Today's question:
Do you see yourself leaning more towards quick trading or long-term investing? And why?
Write your opinion in the comments so we can learn from each other, and follow us to see all that's new.