There are many risks in long-term investments.
There are risks in all forms of investment, so don't glorify the risk when it comes to bitcoin long term hold as if it's something that you can't find in every other investments out there. I don't even see the many risks in long term investment, order than the general risk that are associated without bitcoin investment, which is the risk of everything going down to zero, of which we are even yet to see it happen since the invention of bitcoin. So long term investment doesn't manufacture other risks, that made you said that there are "Many risks" in long term investment.
You can make some money by investing in the short term, but investing in the long term will be foolish.
I find it very disturbing and insulting that you have the guts to come to a major thread as this, that's specifically dedicated to long term investment, and say trash like this. If you think investing in long term is foolish, what then are you doing here? Or were you sent to come and say things of this nature in here? Get off this place and go find somewhere else to talk about your short term money or whatever. Can't still understand how you came up with the thought that long term investment is foolish.
Yoo! Calm down a bit and understand the fella maybe go back and re-read that comment he was talking about Altcoins and Shitcoins. Yes, there are more risks in it for a long term. Remember notcoin the web3 tap to earn shit
Yeah it had so much hype and frenzy, I know someone who bought it and was is holding for a long term right now the price is far below what he bought, he’s at a serious loss right now he’s still hoping the price will go up. That’s the kind of situations you face with going long term on Shitcoins and some Altcoins. So it’s not advisable to go long term on such.
Try to read and understand the full picture before you go off
Nobody is saying that people are not making money from shitcoin or altcoin investments, but since only a few people out of 10,000 people who invested in a particular shitcoin or altcoin are fortunate enough to be in profit from shitcoin or altcoin investments because they invested early, that should be enough reason why you should not advise anyone to even invest his or her money into shitcoins and altcoins, be it short-term or long-term, because the chances of him or her losing his or her money are very high. Investing in shitcoins or altcoins is just like gambling, and you are not guaranteed to win.