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- #1
Engaging in trading is a way to make your money grow quickly. The price of cryptocurrencies changes frequently, and good trades can lead to fast profits. You are responsible for everything and can be quick in the event the market goes in your favor.
At times staking of your coins can be done for a few months. The rewards remain unchanged, but in most cases, they are slow and small. If your coins are locked and the price drops, you may not be able to sell to cut your losses.
By trading, you keep updated and active. You become well versed in analyzing market trends and are able to make instant decisions. This is a skill that improves with regular practice and if done right may result in a less risk-free investment than buying and waiting for the best.
At times staking of your coins can be done for a few months. The rewards remain unchanged, but in most cases, they are slow and small. If your coins are locked and the price drops, you may not be able to sell to cut your losses.
By trading, you keep updated and active. You become well versed in analyzing market trends and are able to make instant decisions. This is a skill that improves with regular practice and if done right may result in a less risk-free investment than buying and waiting for the best.