Cryptocurrencies: Do Not Trade, Rather Invest

Well, in this post I'll be mentioning a few disadvantages of trading cryptocurrencies and why you should not go down that dreaded dungeon.

After that I'll mention a few advantages of investing in cryptocurrencies.

I have been a commodity trader as well as a stock investor for years now. Believe me, trading sucks ass. I have made big money only through investing.

Disadvantages of Trading:

1. This market is volatile as fuck. You can't predict shit in this market with FUD flying around. You'll burn your hands if you try to predict it with technical analysis.

2. If you margin trade, you can lose all your capital pretty quickly because whales manipulate crypto space a lot.

3. Trading doesn't let you get 100x returns. If you really want to accumulate wealth, that is not going to happen with trading.

4. When trading, all your capital is kept on the exchanges. And they aren't safe for God's sake. Keeping your money on exchanges is a disaster waiting to happen.

5. Trading is stressful and takes a lot of time.

Now, I'll mention a few advantages of investing.

1. Peace of mind and no waste of time. Buy and forget.

2. You can buy your favorite projects that are going to change the world and be a part of history. For ex - Substratum.

3. You can get 100x returns if you have invested wisely and early in a project.

4. You can store your coins and tokens on Ledger Nano S, thus securing them from stud hackers.

5. You don't panic during a crash. You don't sell and take a huge loss. Instead, you remember Warren Buffet's advice and buy more.

6. No trader ever became a multi-millionaire. For millions, you have to go through the investing path.

I hope I made a great case for investing. Stay cool, fellas!

And HODL - Hold On for Dear Life.