Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.
I will always advise anyone to go for a long term trading. Long term trading is what we all call HODL (an abbreviation for - Hold on for dear life). When it comes to Hodl, what you do is to invest your money and then you wait for a long time, probably months for the price to go up. When it goes up you can then sell it for the current price and make a profit.
Before you go for a long term investment it's best that you do a proper research and invest at the right time when the price is low and after you have invested you can then wait for the price to go up. If you're lucky you might invest and within a week the bull run will start and you make a profit within a short term.