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Trading and investing: What’s the difference? Crypto newcome | Crypto | Bitcoin | Ethereum | Altcoin | News

Trading and investing: What’s the difference?

Crypto newcomers often get these two terms mixed up. So, let’s learn the difference.

The two are quite distinguishable: Trading is short-term investments, and investing is the same but for the long term

Traders open and close a lot of deals in a single day. For instance, they buy a cryptocurrency only to sell it a few hours later to lock in a profit.

Trading is highly time-consuming—and can fray a lot of nerves

Investing, meanwhile, focuses on the long game. Investors usually analyze a project’s fundamentals while considering its potential in the market. Thus, investors buy a digital asset specifically to hold it for a long time, from a few months to a few years or longer

In short, investing is a better strategy for crypto beginners than trading.

However, neither of these strategies insulates you from losses. Always remember to invest at your own risk!

@Cryptocurrency_Inside