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?
I think it depends on an individual's investment objectives and risk tolerance.
A short-term investment in Bitcoin could be beneficial if you're looking to make a quick profit by taking advantage of short-term price movements. This type of investment strategy is typically considered to be more speculative and carries a higher risk.
On the other hand, a long-term investment in Bitcoin could be more suitable if you believe in the potential of the technology and are willing to hold their investments for a longer period, despite market fluctuations. This type of investment strategy is typically considered to be less speculative and carries a lower risk.
But, it is always a good idea to diversify your portfolio with different types of assets, so you can minimize the risk of losing all your investments in case of a market downturn or other unforeseen events.
If you're interested about investment, I suggest you check this article:
https://www.ratherlabs.com/post/how-to-make-money-on-crypto-without-risking-a-penny