Difference between trading and bitcoin savings

[McIrx]

Trading bitcoin is not the same as saving bitcoin. When you are saving you are in for the long haul. You don't care about price drops. You rarely bother about news regarding it. A trader is always waiting for the next news to make urgent decisions. Some traders turnover their bitcoin asset three times a day selling, buying and selling again in just one day. That's not saving.

 

[kinqzbitz]

Trading helps you to build up your money you invested while bitcoin saving you have to wait till bitcoin rises in the market to get profits from your savings

 

[Skysaint]

The main difference between the two lies on how long the investment in the coin lasts, trading might require you to swap to different coins just in a day while that of savings/investment is usually left for long term profits

 

[Kingstone]

You can not call trading and saving bitcoin the same thing. With trading, you can lose your coins and can gain more if you place correct trades. With saving, you can lose when the price falls. You can control trading but cannot saving

 

[Cee C Chriss]

There is no much different I guess, because what is the essence of you having bitcoin and you are not trading it,so is either you don't want to make more profit thats is why you are not trading it. So you have a bitcoin you could keep it in your wallet for many days without trading but it's not going to make any profit why leaving it inside wallet doing nothing I guess.

 

[CeeJase]

well now a days trading is going on the top through saving bitcoins as well. The competition between saving bitcoin and trading is equal now a days. If we save bitcoins and sell at the time of higher price in the market of bitcoins then we will gain much more profit then we sell them at the time of low Price in market. Trading and saving bitcoin is equal now a days.

When you are trading on any cryptocurrency, it means that you are getting into the market on daily basis to make profit everyday but saving is all about holding out and selling when you are good with the price.

 

[Victorial]

That is not true. There are different ways of trading Bitcoin that can help earn much more than when you are merely saving it and waiting to sell when it increases. A good trader who uses the future to trade will earn much more with a little amount.

But I heard future trading is for the experts and not for beginners and it is very risky. Binance will even warn you that you should are ready to face the losses that may result from it

 

[Kaffyfolla]

Trading bitcoin is like trading anything else on an exchange. You can trade dollars for euros through forex, and dollars for bitcoins on the exchanges while crypto saving is the way of saving and makes profit whenever it fluctuate up

 

[ahmedo24]

Trading bitcoin is like trading anything else on an exchange. You can trade dollars for euros through forex, and dollars for bitcoins on the exchanges while crypto saving is the way of saving and makes profit whenever it fluctuate up

That is true and it but it seems like people are more aware of cryptocurrency trading than stock or forex trading probably because it is much easier when compared to forex and stock.

 

[Syldan]

Well, bitcoin savings and trading are almost going hand the same, and are also very profitable to some extent that they may yield profit much more than it investment fund. trading involves a day to day transactions of the bitcoin, while savings deals with keeping the bitcoin in save for over a period 9f time before transactions.

 

[Thinker009]

I think most times in Bitcoin saving you are meant to get a stipulated interest at a particular time apart from the volatility of the coin ,while on Bitcoin trading you can get unlimited profit as you can trade on any basis

 

[Adecyptii]

Trading bitcoin and saving it are two different things,trading has to do with buying and selling to earn profit,but in the case of saving,one is keeping it for long for future use,maybe when the rate goes high

 

[Immilash]

That's true but is not all coins are good for saving or trading it all depends on the cryptocurrency you are saving or investing. But investing is profitable.

 

[Dagm1]

That isn't correct. There are a variety of techniques to trade Bitcoin that can help you earn significantly more than simply saving it and selling it when the price rises. A smart trader who trades futures will make a lot more money with a small investment.

 

[Sotherefore]

The only difference I am seeing here is that when you are trading you are only looking for a way to take little profit after an increase in price and for this to happen people always look for an opportunity to buy it at a lower price.. investment you only have to set it aside for a certain period of time ,sometimes it is always more than 5 months.

 

[ganibade]

Difference between trading and bitcoin savings. You can trade bitcoin for some year to reach maximum piramid. This can be saved and use for future trade or cash out for another uses.​

 

[eLdavis]

Difference between trading and bitcoin savings. You can trade bitcoin for some year to reach maximum piramid. This can be saved and use for future trade or cash out for another uses.​

From your own point of view, is it really possible to trade Bitcoin? Let's say you have kept aside some Bitcoin worth a thousand dollars, anything could happen in a few months time. You Money could drop to $800

 

[Shigobad2020]

The trading of crypto currency is the Buying and selling of crypto currency online and butcoin saving is when you hold your crypto currency coin in your wallet and wait for it to rise before selling.

 

[Adecyptii]

Trading BTC is quite different from saving bitcoin. Firstly, in savings, You have the intention of not selling the btc at anytime soon either when it rises in value or when it drops in worth. You main goal is to have it in your wallet while you safely monitor it for as long as possible. Although you can sell after a long hold when the bitcoin value goes up but this is not common. But in Trading Bitcoin, you have the mindset of buying and selling bitcoin both in bulk and in small quantities when ever you have it in stock.

Yes I agree with you by saying crpto saving is not common just like the trading,crypto trading involves the buying and selling of it anytime unlike the saving.

 

[Kaffyfolla]

Saving and trading bitcoin looks the same, but the difference is clear. In trading, one can lose every coin he has gathered in a little while but no one can lose his crypto coin for Saving. Although, it may reduce or increase in value but not the coin.

Yes,
Trading of bitcoin is a business that exchange the values of your coin to another coin to make profits while sometimes resulted to loss from there in the other hand Bitcoins is a digital currency that earn from the online earning we collect the Bitcoin and sell out managed price high in the market and are many profit from there especially when it rises