Post
Topic
Board Bitcoin Discussion
Re: investment in bitcoin should be short term or long term.
by
landheer
on 11/11/2022, 02:28:23 UTC
i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?
In my opinion, I’ll say if you plan to day-trade then it can be short term. But if you plan to invest and HODL, then you should make it long term.
What I'm trying to say in this aspect is that holding a bitcoin for long-term investment is very good but you have to understand that I was unable to call and then have to buy it when the price is low so that you say when the price come up to the bullish market so in that aspect what you are saying is right right but I would agree to an extent that a bitcoin have no time but you can purchase or invest on it

But when is the right time to buy? When it's on ATH? Before you buy, try to study the fundamentals and technical analysis first. Many newcomers say they will buy low, but when? Because they didn't know much about it, they bought it at a high price, and when the price of bitcoin dropped, they had to sell it at a low price. You need to learn it first to avoid losses. So try to read and watch videos about bitcoin.

actually to buy bitcoin, you have to wait for the price to drop first if it's for a short-term investment, but if for the long term actually buying at a high price it won't be too risky, but of course it would be better to buy at a lower price, that is to get the maximum profit .