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What is the major difference between a crypto trader and an investor?
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[QUOTE="Kingsley, post: 113846, member: 30278"] Trading as we know has alot to do with buying and selling of either goods or services over a short period of time, traders tends to seek profit as quickly as possible. While investors are not necessarily traders but are also risk takers who tends to stake their wealth to produce further wealth over a period of time. Both traders and investors seek to generate profits on the financial markets. Their methods to achieve this goal, however, are quite different. Generally, investors seek to generate a return over a longer period of time - think years or even decades. Since investors have a larger time horizon, their targeted returns for each investment tend to be larger as well. Traders, on the other hand, try to take advantage of the market volatility. They enter and exit positions more frequently, and may seek smaller returns with each trade(since they're often entering multiple trades) Which one is better? Which one is more suitable for you? [/QUOTE]
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What is the major difference between a crypto trader and an investor?
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