I think that being very sound with trading cryptos gives you the expert knowledge on how to analyse tokens for investment. Is it even possible that someone can be a good crypto trader and goof with crypto investment?
Does being a good crypto trader actually mean that you would be a good crypto investor?
- Thread starter King Belieal
- Start date
-
Welcome to our community! 🌟 Don't miss out on the latest Events and Paid Offers available exclusively in our Community Events & Paid Offers Section. Dive in now to explore and benefit! 💼
Although in general crypto traders also often act as crypto investors, both technically and fundamentally crypto traders should also be good at managing their investments, but often because they are busy trading, they forget that the crypto they are investing in is overvalued and thus turns into a bearish pattern. So your question will certainly get a different answer.
I believe is more than that though. I could have a pretty good knowledge when it comes to business, but that doesn't mean I would be able to manage one.
In my opinion, a good trader is likely to be a good cryptocurrency investor. The difference is minimal and negligible. If i can trade cryptocurrency, why can I be a good investor! The basis is the same and will always be.
With the knowledge of technical analysis involved in crypto trading, it is very possible for someone that is deep in trading crypto to make informed decisions when investing in crypto also.