Quote from: AnonBitCoiner on Today at 11:45:43 AM

Quote from: moneystery on Today at 11:11:59 AM

after entering the world of trading, i prefer long-term compared to day trading. because with long-term, i can get profits with more certainty (especially on bitcoin investments) and i don't need to set a trading strategy and don't need to determine the exit point every day. so because long-term is more attractive and suitable for me, i can say that long-term is the best choice.

Long term investment is better because you will not loss daily losses and your money will be saved until you received your desire reward. In case of long term holding people often feel less emotional and they can easily take right decisions because they don't have burden and are less pressurized as compared to day traders.

You right but if Long term investments have less risk, but you need to have enough funds to be successful. If you don't have adequate funds you can't hold on to your investment during tough times. Therefore before making long term investments it is important to take care of financial stability. By having backup funds you will be able to focus and hold on to your investment during market swings and unexpected expenses. Making long term investments with less funds can be risky and you may fail to achieve your financial goals. Hence it is important to take care of your financial situation before making an investment.