Post
Topic
Board Altcoin Discussion
Re: short term or long term investing
by
doomloop
on 14/11/2019, 01:59:53 UTC
hi guys
do u prefer short or long term investing in crypto i prefer short term only
i just buying a coin for ex at 20 and sold at 21 or buy at 60 sold 61 in the same
day i don't like long term investing because it take too long and finally that
coin can fall even peoples who bought ETH at 0.03 or more they are in big lost
now and even BNB some peoples bought at 0.003 or even 0.004 i know
that some coins can raise in the future but i don't think we have to hold
coins for yeras when u can make in this periode thousands of dollars
in short term investments i remember when i make 1700$ in hours
with NLC2 its a shit coin true with price of 20 sat now but i don't care
because i didn't hold it i just checked its chart and i found it falling
to 800 sat and raising to 900 in seconds so i bought it many times
at 800 and i sold it 900 and i make 1700$ i less then two hours  Grin
what i want to say is why u holding coins for a year when u can
make at least 25 - 50$ in a day with only 0.15 - 0.20 BTC this
means 50*365=18250$

This accumulate profits isn't possible for all time. I also do prefer for short term but after bought coin for trading then plummet price. You should hold in this situation. I prefer just invest in several coin then wait for your profit then sell and buy another coin.
As long as the investor is holding a good coin and bought it in dip season, he will be making profit for sure but then again, we all are humans and human is to err. So loss takes place as a result of our non sense decisions and actions. The strategy you provided is a working one but still, majority fails to follow it as they lack knowledge, the basic tool for survival, and experience. No one can really avoid failures forever certainly.