Post
Topic
Board Trading Discussion
Re: Long term vs. short term investing
by
novaprime
on 25/04/2018, 11:10:26 UTC
Hello my dear Bitcoin brothers.

I would like to ask you about your experience with day/swing trading vs. long term investing and also,
what was more profitable for you and what are pros and cons for both ways of trading?

This question interests me since market is very volatile and it can get quite easy to exploit daily range for a quick small profit.

Thank you fellas.
I usually trade based on the value of an altcoin and the news about Crypto. The Crypto market is always heavily influenced by Fomo or FUD.
So I usually update the information very quickly and place a sell order before the coin goes down. That strategy has helped me minimize the risk of investing.