Trading vs Investing in Cryptocurrencies: Know the Difference

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The choice is based on personal ambition, time, and willingness to take risks. Trading can be done for individuals who wish for short-term returns and can observe price actions. Investing suits those who trust in the long-term of cryptocurrencies and are prepared to wait patiently for a very long time.

Both practices call for good research, risk handling, and prevention from emotional trading. Cryptocurrencies fluctuate in price, and well-planned decisions will assist in making good decisions.