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?
Long-term definitely. If you try to compare crypto to traditional markets it's opened 3 times longer, like 24/7 and that's also why it moves much faster.