Quote from: Romeotom on March 31, 2024, 07:24:00 PM

A few days ago we had a good time where many of the top altcoins were undervalued and comparatively now overpriced. But investing from top altcoins will not disappoint you but you need to have experience in picking those tokens. Knowing when to buy and when to sell is essential. But I think at this moment you should invest short time and catch small profit market which will definitely give you profit. So I don't want to invest long time at this time to lose money.

Yeah you're right that investing for the short term profits is a very good and promising way to trade as it will give you far more benefits than regular long term holdings. But why do most people avoid it?

The reason is that it requires a very handy skill set to go for an investment and exit the market at the right time. You have to be very controlled on your emotions and as well as the decisions that are related to those emotions. Otherwise you'll lose most of the times you open a trade. So it's better to acquire the skillset before going for a short term trade option.