Short term or Long term
Crypto market has been getting more attention world and lot of people are getting on boarded. This is good because this market is getting more peoples and that is helping the segment to grow a lot. Now because we are expecting more projects to be part of crypto space and this community is also getting bigger day by day.
There was a time when crypto was considered I just one of the segment where people can trade and earn money but nothing. We also have the options to choose from where we do not need to trade and holding itself I am generate some rewards which are quite significant depending upon what project we are part of or what coins we are chosen..
Now still there is one point which is always for the discussion that what is going to be beneficial in market.. is it good to trade everyday and make some money or is it better to invest on some project and hold for the long term. People can have different opinions but if I share my experience then I can say that long term holding is better in terms of profitability and it is also less risky. I can tell you the reason why I say this because when we buy for the long time then we have more holding power and because of that we can continue to hold even if the market is not being good because we have that power with us. We can choose to sell when we want and afford that is going to happen when the market is in better situation but when we talk about the day trading then the holding window is not there.
We will have to sell off even if the market is down because the money we have invested is not something that we can hold but long term and you never know if market crashes father then the situation can be even more difficult and problem meeting for most of the traders.. I have been investing in crypto for the long term mind set and so far my strategy has been successful and profitable as well which I don't think I have ever done it with date reading where I see more of risk and less opportunities for earning.
Once again this is one of the topic which can be discussed a lot but people can have different opinions about long term or short term and I think everyone is right provided what he strategy the follow and how they are planning to invest and make money out of this market.
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Your words are 100% correct, I think you should choose where to take short term and where to take long term.
I am also on your side. Long term is my preference. We have to consider the time spending for market research and trade in short term as well. So i always believe in long run which is hassle free and less risky. The possibility of profit is obvious if the coin or project is chosen rightly. Thanks
Long term investment always gave us good result. Because time is long we get lot of time for research. Thanks.
Nice article you have shared here mate, ofcourse in cryptocurrencies investment long-term is the best for any sustainable real profit I believe unless as all who have the long-term mindset and invested early are showing the difference today amongst those who didn't or who have short term mindset.
I think long term is better than short term. Because there is less possibility of loss in long-term. When BTC pumps everything else pumps too. So have to wait for btc to pump. That's why I think long term is better than short term.