Post
Topic
Board Trading Discussion
Re: Long term vs. short term investing
by
yndye
on 25/04/2018, 11:22:47 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.

Currently, I am doing a swing trading because I am still accumulating bitcoin which I plan to hold for the long term. I am also accumulating ETH because these two coins are my two must haves when it comes to long term holding. Many would say that holding is much profitable but it depends still on your strategy if you are willing to wait until such time the coin you hold goes to the moon or you will take advantage of price swings. As for me, I am more comfortable of trading it from time to time than waiting for the day it would shoot up.