And everything would really be that entirely be depending or basing up into someones preference when it comes into this aspect.We do really know that not all would really be pursuing or trying out to achieve that long term holds and seeing their profits or reaping out for how many years but rather they would really be preferring on something that they could be able to get on just few days or even weeks in maximum. Just like on what you had elaborated that things could really be considered neither long term and short term approach but we do know that short term approach does really needed up that skill for you to have.
There are people who do have that much more risks tolerance or simply being takers and thats why they will really be coming up with this option and wont really be trying out to hold for long term because they are really just that simple being impatient. Some do divide out their portfolio basing up into their risks management on which they do have that for short term allocation and there are also for long term.
There would really be those who do both things and there are ones who do really focuses out on one side. Just like been said that everything will be that matters on your preference and
your interest because you wouldnt be choosing it out if you werent that sure about it.
Actually, if someone wants to change themselves into a holder, rather than being on two sides between trading or short-term investment. The approach to becoming a holder must be in themselves and not because of the encouragement of others, because if they have made up their minds for the long term, they will not fall in love with short-term profits or will not panic if the BTC price is corrected.
For that, there are many things that investors must learn so that they can straighten their intentions to choose decisions for long-term investment. First, maybe regret from the bad things they have done before, namely selling quickly and that is a good option for investors to reverse their position to invest for the long term.
Before a person can be fully involve in long term Bitcoin investment he or she must first build a high Level of patience because the key to long term Bitcoin investment is being patient and also having a good source of income.
Now without this two things I just mentioned is impossible to hodl for long, when you don't have patience there's no way you will leave your Bitcoin in your wallet without dipping hands into it and if you don't have a source of income surly you will be in need of money and since you don't have any source of income you will dip hands into your Bitcoin and solve the financial issues you have.
Those who are involve in short term Bitcoin investment may either have one of this two and don't have the other and that's why they are involved or stoping short term Bitcoin investment is difficult for them.
So before a person can hodl for a long term he or she must have patience and a good source of income without these two things changing to a Holder will be difficult or impossible.