Hello my fellow Naija people, I bring dis topic so that people planning to invest in BTC will know d one that will benefit them either long holding or short holding, because what is good for Mr A it may not good for Mr B based on their believe and strength of holding. Both long holders and short holders are profitable in their investment but long term holders are more profitable than short term holding, which I have witnessed from some potential investors in d community. Long holding require patience and faith before you can succeed from your investment which those investors planing to upgrade from short holding to long holding to ensure they apply patience and faith whenever there is a bear season. Short holders too make a profits from their investment but is not big like d one long term holders are making, because it doesn't need long holding before you can earn from your investment at the moment. If I may ask about long term holders and short term holders, who profit most? I believe there are some people here who have never experience long term holding but dey want to swatch, what will be your advice to them? Your opinion is welcome.
Any investment you want to do, long term investment dey get more benefits pass shot term, because you go get high profit more then the person that invest in just shot terms, the issue be say you go just dey patient for it and you go see the achievement.
Long-term investments offer several benefits. Long-term investments highlight the importance of time over finance. Although your chances of success are slimmer, your short-term investment goals may be sound. When you invest over time, you not only get to keep your winnings, but you also have time to fix any financial mistakes you may have made. It is preferable to invest over a long period of time, such as three to four years.