Difference between trading and bitcoin savings

[Skysaint]

Bitcoin savings, you just have to invest in a particular cryptocurrency and watch the price grow overtime but in trading you need to buy some coins as sell in the shortest period of time or even make swaps to another favourable coin. Just that the later do demand you give in your time

 

[Sotherefore]

Bitcoin savings, you just have to invest in a particular cryptocurrency and watch the price grow overtime but in trading you need to buy some coins as sell in the shortest period of time or even make swaps to another favourable coin. Just that the later do demand you give in your time

Both of them are all profitable but when you are trading bitcoins it is possible that you will make use of the little money you are gaining from the trading. When you are saving bitcoins you are just doing that for a period of few years for a good profit.

 

[Blessedsam60]

Bitcojn trading is quite different from bitcoin saving. Nowadays, so many people trading btc uses bot or trading signals to carry out their trading. But bitcoin saving requires of you to invest fully like buying and storing your cryto in a hard/offline or an online wallet

 

[eLdavis]

Bitcojn trading is quite different from bitcoin saving. Nowadays, so many people trading btc uses bot or trading signals to carry out their trading. But bitcoin saving requires of you to invest fully like buying and storing your cryto in a hard/offline or an online wallet

True, in other words crypto trading is on a daily basis, and you could get your profit daily, depending on your capabilities, why savings on the other hand requires a longer process of waiting for the coins to increase in value.

 

[tyrim88]

When you trade cryptocurrencies, you are doing the actual buying and selling of your cryptocurrencies assets. But when you save your cryptocurrencies asseya, you buy that particular cryptocurrency and hold it there for as long as you want to

Most of the time that an investor who do not want to do the actual trading on a daily basis,he can decide to save his cryptocurency in his wallet and allow it to grow and appriciate in value,and this will take some time to happen.

 

[Nomad]

I do not have a lot of Bitcoins, but I am more of a saver. I believe you can earn a lot of profits by saving Bitcoin. Trading means buying and selling and I don't think you can profit much from Bitcoin trading.

 

[Oliver4smile]

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.

You have spoken well, I don't usually see it from this angle, I think it is truly wise to trade the crypto currency you have instead of leaving it lying idle in your crypto wallet. In fact leaving it idle in your cryto wallet can make it start depreciating.

 

[Stylex]

trading and saving bitcoin are two different things ,but they seems to work hand in hand ,they both yields profits it will be better if you run them together in other to have a huge income,saving bitcoin and trading bitcoin are both profitable and also a fastest way of making money

 

[Skysaint]

It's more like asking what's e difference between trading and investment because the later is just same as having savings in Bitcoin or even any other crypto coin. So investment require a longer period of time to start realizing profits, while trading is on daily basis

 

[Ceeny007]

Trading on open market like that of the crypto is revered for those who have what it takes psychologically to handle the pressure from the market

 

[Elfinito]

It may look the same but there are still some difference.
A trader would take steady study of the candle stick movement to know what next to do and he never saves his coins, because he keeps buying and selling it.
But when you save Bitcoin, it is for a long term, you do not need to follow the market volatility.

 

[nimzy]

To my opinion the term bitcoin saving is the absolute ability to keep your bitcoin in save for a period of time without transactions for the purpose or aimed at making profit when it value go up. while the trading deals with day to day transactions for profit.

 

[Heatman]

Bitcoin savings is simply the same thing as all cryptocurrencies savings as well. You simply hold the cryptocurrencies and hope for them to appreciate and sell. But trading is jumping into the market and sell and buy.

 

[Justin]

I do not trade crypro currencies, including Bitcoin. I save crypto currencies. There are platforms where you can earn interest in bitcoin. You can also stake o yield farm to earn profits.

 

[Kubiat-Abasi]

Trading Bitcoin has to do with the normal law of buying and selling while Bitcoin savings has to do with locking it in your wallet for a specific or unspecified period to accumulate much profit. Personally, I prefer to trade Bitcoin due to the fluctation of crypto currencies.

 

[Comfort]

Trading is constantly following the market chart and staking some amount to make profit on the go while Saving is investing a large sum for a long-term interest

 

[Sotherefore]

Trading is constantly following the market chart and staking some amount to make profit on the go while Saving is investing a large sum for a long-term interest

Most times when you are trading cryptocurrency like bitcoins you are taking out a quick profit and exiting the market but investing in it can only be done for long-term investment. That is how I also understand it

 

[Shigobad2020]

I think trading bitcoin is when you do business with your bitcoin by selling to the highest bidder online , while saving bitcoin is like saving money inton the bank and getting interest when bitcoin surge high.

 

[Seno inyang]

I'm my little idea, Trading and bitcoin saving...
Trading is transacting based on the flow of a particular currency at that period regarding your location. Bitcoin saving is about investing your crypto currency for future use.

 

[07Trinity]

I have to oppose your assertion,if you day trade Bitcoin you can earn triple of the amount you are actually saving,the volatility nature of Bitcoin is mostly ranging.

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.