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?
Well actually I also do trading using bitcoin. Because I believe to the potential of this coin. And in terms of holding, I think 1 year is too long for an investment. Because I already tried it that I invest a small amount in BTC but still I have my profit even if after a week. So its means if you hold it for 1year you will gain more and bigger that holding it for a short 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?