Difference between trading and bitcoin savings

[Syldan]

Well, bitcoin trading and bitcoin savings are quite to different words. The trading had to do with daily business transactions for profit making while the savings means to store for a period of time before transactions.

 

[Setho]

A lot of exchange is usually give you opportunity to save your bitcoin using their special luck as and they are going to give you a particular return of investment. When you are actively trading then it means that you are trying to take advantage of the volatility in order to make money.

 

[Adasun]

While trading of bitcoins comes with relatively high risk,it has more high rewards in a short term but hodl is less risky but time consuming couple with the highs and lows.lols,I still prefer trading to savings except for your unborn children.

 

[Syldan]

Bitcoin trading and savings, some people may say they are both the same word. Trading, has to do with daily business transactions for income generation while savings is to invest and hold a product for some period of time before selling out.

 

[Sotherefore]

Bitcoins is Investment is quite different from trading because when you are investing obviously it could be for long-term purposes and it could be for short-term purposes depending on the time you are willing to sell off. Trading in the other hands involved day trading or weekly.

 

[Syldan]

Bitcoin savings and trading, has little differences even though trading has to do with day to day exchange and business transactions while savings means investing for some period of time.

 

[tyrim88]

When it comes to the issue of cryptocurency it would be a prefrence based on the person involve.Trading might go well for some persons who know how to follow and study the market trend,and that could fetch him lots of return.

 

[Josephjossy]

I think trading crypto is all about all about buying and selling when you have some good profit margin, but saving in just like investment where you will keep it for a long tim

 

[Lens]

Buying and selling Bitcoin is one of the fastest and easiest ways of making money from cryptocurrency. With the value fluctuating so much during a day, it’s a dream for any experienced investor or a trader.

You are absolutely right about what you said about trading bitcoin. You have the ability to make more money when you buy and sell the bitcoin , unlike the savings that gives you small amount of money

 

[Setho]

The difference between bitcoin saving and trading is that if you are saving it means that you are actually looking it or lending it out to peer-to-peer platforms for you to make some profit after sometime but the profit is usually small. When you are trading it means that you are taking advantage of the market volatility to make more money.

 

[Sincerem]

Trading of Bitcoin or any other crypto currency involves the conscious buying and selling of crypto currency to gain profit through the means, saving might just be buying an amount of Bitcoin and leaving it in your crypto wallet over a period of time.

 

[Lens]

Trading of Bitcoin or any other crypto currency involves the conscious buying and selling of crypto currency to gain profit through the means, saving might just be buying an amount of Bitcoin and leaving it in your crypto wallet over a period of time.

Trading involves buying and selling of the cryptocurrencies on the floor of the cryptocurrency market while saving involves holding the coin for a very long time for long-term investment.

 

[Syldan]

There is quite some similarities though difference also exist. Trading has to do with daily business transactions for the purpose of income generation on daily basis while savings means to invest for a period of time before transactions takes place.
Bitcoin trading, these has to do with the buying and selling of bitcoin, exchange and other activities of business while bitcoin ssavings has to do with investment without trading or transactions for some period of time.

 

[Bookwormlux]

Bitcoin saving is keeping your Bitcoin in An exchange platform for a very long time , without thinking about ever withdrawing it, with the hope that it will make enough profit for you by the time you need the money.

 

[Sotherefore]

Is just a normal saving which means you're keeping something for long-term or short-term purposes but when we are talking about trading it is the art of taking quick profit after an increase in the predicted coin.

 

[Setho]

There is an exchange is that allows you to deposit your bitcoin with them and then make a specific percentage of interest in a year. Trading on the other hand means that you are not going to be making a particular amount of income as you can lose or win.

 

[Syldan]

Actually trading has do with business transactions of which are done or carried out on daily basis for the purpose of income generation while savings has to do with investment for some period of time before transactions or trading.

 

[Bookwormlux]

Bitcoin trading is very very profitable much more than you can think of when you compare with the savings, because saving is just a way of avoiding a lot of risks that present with trading.

 

[tyrim88]

One thing an investor should know abiut the cyptocurency market is that,he has to know why he is in the market,if he wants to get money as the trade goes,then he can opt for trading pf his coin,by carefully observing the market,else he can just save his asset for appriciation.
One thing an investor should know abiut the cyptocurency market is that,he has to know why he is in the market,if he wants to get money as the trade goes,then he can opt for trading pf his coin,by carefully observing the market,else he can just save his asset for appriciation.

 

[Setho]

Bitcoin saving is a future that is when brought by various cryptocurrency exchanges and you can end up to 4% per annum. Trading on the other hand is not fixed as you can be able to lose so much and gain so much.