Post
Topic
Board Speculation
Re: Short term investment
by
orions.belt19
on 18/10/2017, 05:42:40 UTC
Short term investment is a good investment also.as long as your investment are profitable.but this short term investment are very risky.we dont dont if your investment are become profitable or it will make you bankcrupt.

Yeah it's risky but better to know what coins should be hold for short or in long term.
But in the case of bitcoin, even we hold it for short term still we can have a good profit. Of course you need to closely monitor the market so you'll know when you hold or let go. And I can say that bitcoin investment is much more profitable than saving your money in bank.
None has the ability to predict the market of the bitcoin as well other digital currencies. It's really a hard task, and for short term investment its better to invest into some small price digital assets. When it comes to long term profiting bitcoin can be given preference.

We may only predict and speculate the price of bitcoin and it's really hard to do so because of its volatility. But you may profit handsomely because of this volatility. If you do not make the right investment decisions, you may even incur a loss from your investment. But with high risks, come high rewards. Those who are able to sell their coins successfully are able to profit nicely. Ideally, it's better to invest long term with bitcoin.

I would agree that investing in bitcoin is more profitable and better than saving in the bank because the bitcoin value will accumulate and accrue in the coming years whereas saving in the bank will give you only a small percentage of interest.