Quote from: LittleBitFunny on December 25, 2021, 06:05:52 PM

Quote from: BuNga_cute on December 24, 2021, 07:20:32 PM

Quote from: Natalim on December 24, 2021, 06:22:47 PM

Quote from: LUCKMCFLY on December 24, 2021, 06:02:53 PM

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It depends on everyone's ability and knowledge, because that short-term traders or holders have the same opportunity to make profit. I think for
people who have good analytical skills, being a short-term trader is much more profitable. Because it can generate profits in the short term,
but the risk is much greater. For newbies who are inexperienced, they should be holders, especially holding Bitcoin is more recommended.
Or for people who don't have much time to monitor the market and don't have good analytical skills, become holders is good choice. Most importantly
as long as holding potential coins everything will be fine, like holding Bitcoin will profit as long as we can be patient holding until the target
we want is achieved. So ask ourselves, which one is more convenient and profitable for us to do.

I never wait too long with my open trade when I'm in Altcoin. I think it is not wise to open a long-term trade in Altcoin, cause trading in altcoin is profitable but the risk is high here.
Most of the time after the correction period altcoin failed to recover the losses, opening a long trade in altcoin is nothing but losing your money.
For Bitcoin the I do the opposite thing, Whatever price I buy bitcoin I never sell it to loss, cause I know the price will reach the target today or tomorrow, longing your trade on Bitcoin is profitable and reliable.

Most of the altcoins are not recommended for long term investment, because usually most of the circulating altcoins are just copycats from
previous projects. So most altcoins are created just for pump and dump, especially for new projects if after experiencing a price increase,
soon it will drop drastically. After that it was very difficult to recover, therefore there were quite a lot of altcoins in my wallet and couldn't
be sold because there was no demand. So be careful if we want to invest in altcoins, if we are already profit, immediately sell the altcoins,
before there is no demand. But there are some altcoins that are safe enough for long-term investment, but very few in number, one of
which is Ethereum. The conclusion is whatever our coin choice, do research and analysis before buying it, so we can make the right decision.