Post
Topic
Board Speculation (Altcoins)
Re: Are you long term or short term?
by
rizkyhiw
on 08/08/2018, 10:57:47 UTC
I am trading once in a while because I have coins in exchanges. Sometimes I buy and just wait the coin to go up in value before I sell, of course I know it is in dip. Now, which is better, set it to your expected price so that when it hit you sold? O wait for the price to go up and sell even if it did not reach yet to your  target price? Thanks.
I personally tend to the long term, if I am wrong in research and prices start to fall I keep it until they return or at least approach the initial price of what I bought. very rarely do daily trading because crypto market is very difficult to predict, everyone may feel the same. depending on the choice of each, there are people who are willing to keep it until the price rises and exceeds the initial price even though in a long period of time.