Clarifying Your Position in Crypto Market
Many people in the crypto market are confused about their profession either they are trader or investor. Similar is the case with other investors, either they are investing the amount for saving purpose or for their wealth growing.
This post is especially for the new users in the crypto market because they need to clarify about their profession at first.
This must be kept in mind that at first when you join the market, you must identify your profession, either you are a trader or investor because these two fields are far different with each other.
Trader is the one who keeps on rolling their money for the short term and exit, the market when they find a good opportunity. They don't look after capital growth,
but in against investor is the one who always look to invest their amount for the long-term profit and they never prefer trading.
Similar is the case with saving and investment. Many people are also confused about these two terms and they consider these two terms the same .
In reality, they have large difference with each other.
The terms saving means that you keep your amount in any market which does not give you a capital growth, but a passive income.
Even if you keep a cash for 20 years in any bank for saving, you will never get a capital gain but a short passive income which may fulfill your monthly needs.
But if I talk about investor is the one who invests their amount for the long term and that is how they will get a good capital gain.
THANK YOU!
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