How are you handling your portfolio? How much are risking in % of your portfolio in short term gain vs. Long term gain?
Before you plan what you will do you must know the difference of the long term and short term.
Long Term Gain
- A long-term capital gain is the gain stemming from the sale of a qualifying investment that has been owned for longer than 12 months at the time of sale.
Short Term Gain
- A short-term gain is profit realized from the sale, transfer or other disposition of personal or investment property known as a capital asset that has been held for one year or less.
For me both are good but based on the situation. The Short Term Gain is for someone selling his coin with less than a year while the Long Term Gain is for someone selling his coin with more than a year. But mostly I prefer Long Term Gain because if you hodl your coin in a long period of time then the value of it will increased and you will earn much better than hodling your coin with a short period of time.
For short term trading you have to be knowleable in technical analysis to correctly identify indicators which help you to predict market trends. I guess there is more money in short term trading but you have to invest a lot of time in education and trading.