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
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$
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
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$
What you are doing is day trading not investing, but that's by the way. You asked why people are holding? Have you bother knowing why most people who are called whales buys and hold large amount of Bitcoin or Ethereum mostly? The answer is because they are thinking long term. Some people bought Bitcoin lower last year, and this year you knew the story.
Now, am not saying one should run into holding, what am trying to say is, when one wants to go long term let it be with those top and trusted coins like BTC, they will surly give reasonable returns.
Also, everyone goes with what works for him, some prefer trading, some prefer investing be it short term or long term.
Lastly, the truth is, most altcoins are only good for a very short term.