Post
Topic
Board Trading Discussion
Re: Does holding long term can be worthy despite of unpredictable market?
by
Carlos Caprio
on 14/08/2018, 12:10:52 UTC
Long term holding is only good for people who are not willing to spend time in trading or for people who have jobs in other companies and want a bit of risk
I agree with you that long-term investors are intended for people who have permanent jobs. But you forget one thing that investors have offensive and defensive characters, which means that when the market is sluggish and prices decline they buy bitcoin, when prices crawl up they survive not selling bitcoin because the prices they think haven't reached the peak, once that point is reached, they sell and big profit. Well, this brave character is not owned by workers, but is owned by traders who are used to speculation.