KNOWLEDGE IS POWER: The Difference Between Crypto Traders And Crypto Investors
In the crypto industry, the words trader and investor are used interchangeably, but there's still a difference between them.
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The difference between a trader and an investor rests on their approach to the financial markets and their time horizons. A trader is an individual who seeks to profit from short-term price fluctuations in the market. This is achieved through frequent buying and selling.
Remember the key word: short-term.
An investor is an individual who takes a long-term approach and seeks to build wealth over an extended period of time. Investors allocate funds to an asset and allow it to appreciate over a long period of time.
Keyword: long-term approach.
Which one are you?
