Quote from: eaLiTy on Today at 09:42:35 PM

Quote from: dbc23 on December 28, 2021, 02:28:25 PM

~
This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

When it comes to solid investment then a long term hold with earn you a much better profit and that is the same with BTCitcoin, but if you take the rest of the market you cannot have the same trust as majority of the projects may not succeed in the long run and hence you cannot have the same level of confidence like any other market.

If you still have the doubts, check out how many projects have failed in the last year alone, the numbers are alarmingly high. But if there is a solid project with good team then you can hope that they will fulfil what they started.

Not all the time as sometimes the market is more volatile and if we trade for the short term we can get a lot of opportunities to increase our profit. Also, we have to consider the coins that we are holding for the long term as some of them maybe perform well in the early stage but the devs could leave the project and it will result in a failure, knowing how to diversify your investment is the most important if we are talking of long term investment.