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?
I think one year is not a short time for an investment. In my opinion, one year is an enough period to see the economical situation. But on the other hand, I think ethereum, bitcoin and many other coins have really good potentials to make bigger surprises by their new top prices. So, I think long term investments can bring really good earnings.