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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.

Best Regards

CHRIS

If you have enough money you can go into long term investment. For this reason i think you can choose 3/4 coins from CMC top 10. But for daily trading you have to keep your eyes into market every moment. Primarily you have to target 5/6 altcoins for day trading and follow them atleast 7-15 days and also follow their roadmap and then reach your goal. I think you will be benefited.

Well it is still depends on how much the person willing to wait as there are other coins wherein you will in need to wait for a year, so ask yourself first, what do you want or what you prefer, are you okay with holding it for short term only or for long term only, and better to seek advise from the experts.

Long term wait duration cannot be defined. The way altcoins and bitcoin price are moving, dumping most of the times, maybe you can say that hold the coins for 2 years and then you may get 5-10x return and that too after the bull run.

If people do make money and reach the levels as per their expectation or goals, then they can sell it. Also another thing is that one can diversify money in 2 parts so that certain amount could be invested for long term and other can be used for daily trading as well.