Quote from: landheer on November 08, 2022, 09:26:10 AM

Quote from: Nuraiuii on November 08, 2022, 03:16:49 AM

Long-term investing is a better option for Bitcoin investing. In the long run, you will find that the price of bitcoin will generally rise, and the longer you hold bitcoin, the greater the chance of making a profit.

I think so too, because long-term investments will certainly produce big profits as long as we are strong enough to hold on to it, and don't panic if there is a price drop. because if we have excessive panic nature of course we will fail to make a profit.

Most people will choose long-term because long-term holding is simpler, doesn't take as much effort, and doesn't require as much market knowledge as short-term investing. Short-term investment is trading, to make a profit in trading, you have to invest a lot of time to gain knowledge, and experience and even lose money to get practical lessons. Trading is not for the masses.

Long term or short term investment is up to you, bitcoin is just a tool to help us make profit and how to use it to generate profit is up to us, not bitcoin.