Post
Topic
Board Trading Discussion
Re: Short term vs. Long term investments
by
ValerieBTC
on 31/07/2018, 09:31:11 UTC
If I think in short-term trading and investment is good and it depends on the trader's mindset and his skills that we take seriously and develop as a better trader from there. Therefore, everyone has to decide for themselves. Every investment has its advantages. The main thing is to be confident in the company where we invest.
Most of the cases, technical analysis are always strong at your end. They are amazing to give you a broader way of thinking that what are ifs and buts that must be considered before taking any decision. If you don’t know what is the reality of scene and how can you make benefit of them at right time, then you could be able to make your results stronger and safer.
Both short term and long-term investments of money have their own pros and cons and that this is something which depends on the investor like the way he is interested in doing the things. It is better for a busy person to go for long term holding of coins and that if you are having some interest in day trading and you think you will be able to manage it well, then you can go for it too.
The term of investment also depends on the kind of crypto you have invested in. The investment is actually the second step preceded by making a business plan and investing in an asset according to the business plan. Coins like Bitcoin and ETH are normally seen to be held for long term for the scale of profit in long term is more by holding such coins. However having coins like Litecoin and NEO, one might also keep the term of investment short and in such case prefers to earn quick money.