Re: Is holding for 1 year considered short term or long term?
Many many people say they are holding this, holding that for the "long term" but please tell me what exactly is your guys definition of "long term"?
For me, 1 year is considered long time. I began investing this January and I will hold one year and cash out everything January 2019. So by your definition, is this more short term or long term? Is 1 year enough time to see gains?
For me, 1 year is considered long time. I began investing this January and I will hold one year and cash out everything January 2019. So by your definition, is this more short term or long term? Is 1 year enough time to see gains?
Yes a 1 year is already enough for a long term. Its enough to see whether you gain a lot or lose your investment. A promising coin with good project will surely make a pump within a year. Anyway what is your target gain? 2x ? 5x ? 10x of your investment ? or you only want to cashout at exactly 1 year?