Someone can always change it but remember that when you can't hodl you won't be rich. Just take a look at so many long term hodl of Binance, Ethereum and various coins that have become major coins. They were spending their money to be divided for both. Used it as short and longterm investment.
I personally will prefer to pick long term over short term. Sometime you're thinking the price of your coin already hit ATH and you have sold it to the market.
I have experienced it sold too early and my asset was going even higher than what i have sold it. that's why i always pick long term over short term
Topic: Choose the investment strategy that suits you best - page 2. (Read 255 times)
If we are focusing on long-term hold, many will not change it into the current situation because the main purpose of holding is for a long-term investment. And commonly they will only store, not opening it for several years. or even opening it to check and also add the balance.
Many people will be storing the long-term assets better in the hardware wallet.
if I myself, I prefer to a short term investment and also trading because I don't have much capital and from these activities, increasing small by small to get a higher amount of profits every day.
Many people will be storing the long-term assets better in the hardware wallet.
if I myself, I prefer to a short term investment and also trading because I don't have much capital and from these activities, increasing small by small to get a higher amount of profits every day.
For those who are thinking long term, of course, they will choose some coins that they believe in the future of these coins and hold them. Even though the price of the coins has increased and they have already made a profit, it is still being maintained.
If those who only think about the short term, and only trade daily, at least they have already profited from the coin held without thinking about the next big profit. Usually people like this do not want to take risks from these assets. So, people who think short term, they are the ones who follow the crypto trend, and watch the whale talk about which coin to invest in next.
I do believe that long term holders still do not jump into things all-in after they are super high, we also may not end up selling it when it s super high, but not buy much neither.If those who only think about the short term, and only trade daily, at least they have already profited from the coin held without thinking about the next big profit. Usually people like this do not want to take risks from these assets. So, people who think short term, they are the ones who follow the crypto trend, and watch the whale talk about which coin to invest in next.
I am a big time believer of long term investment and that is what I did for a while now, I have invested most of my money when bitcoin was under 10k, and eventually I bought some more when it was going up, but the higher it got the lesser money I put into it, and that meant even less bitcoin I got, satoshis even, but I still did it, and when it became lower and lower and reached 30k, I bought my biggest batch since the 10k+ barrier was broken at 33k levels (wanted lower but barely got money together when it was 33k) so it is quite good feeling and I do not think that many long term investors like me like to put money into crypto when it is super high, it is just not logically smart to do after a big increase.
apart from anything it's all good and can be done but there are some things that need to be remembered, apart from not needing to be a fomo you also have to have rules in adopting something, at least you are not random in choosing coins that are really suitable to buy and as for Following billionaires or influencers, I actually don't think it's too much of a problem as long as you can use the momentum correctly and of course have your own observations.
but the problem for beginners is that they try to follow the hype and fomo without being based on mature knowledge so that they make the wrong placement which makes many of them lose.
but the problem for beginners is that they try to follow the hype and fomo without being based on mature knowledge so that they make the wrong placement which makes many of them lose.
For those who are thinking long term, of course, they will choose some coins that they believe in the future of these coins and hold them. Even though the price of the coins has increased and they have already made a profit, it is still being maintained.
If those who only think about the short term, and only trade daily, at least they have already profited from the coin held without thinking about the next big profit. Usually people like this do not want to take risks from these assets. So, people who think short term, they are the ones who follow the crypto trend, and watch the whale talk about which coin to invest in next.
If those who only think about the short term, and only trade daily, at least they have already profited from the coin held without thinking about the next big profit. Usually people like this do not want to take risks from these assets. So, people who think short term, they are the ones who follow the crypto trend, and watch the whale talk about which coin to invest in next.
Strategy is really very important so that you don't sway in the market and don't get confused. Therefore it is important for you to determine the right strategy for yourself. Whether it's short term or long term you have to adjust it to the coins you have bought. Do an analysis first before you buy a coin after that think of a possible strategy. If a short term with a fairly large profit can be chosen why not, this is actually good for you so as not to miss the golden time that might happen at any time. Not only that, with a short period of time you can also make money faster because you don't have to wait a long time. But if you are not satisfied and want to make more profit, maybe long term can be your choice. But keep in mind that coins are also very influential because the price is difficult to predict.
i can't use my strategy because of my balance so i think most of us making decisions based on our balance , not for our skills .
To invest in coins in the long term or in the short term it depends on the coin that we hold. If a coin has a fantastic selling value and it refers to the short term, what is wrong with us selling the coin so that we get the profit we expect.
Good start with the trading mate. I am not sure if you are trader or you just putting up your thoughts here but these are the two terms every potetnial trader must know and learn to act accordingly. With my experience I have seen people go crazy about the long term trading. The reason, it's kinda difficult to hold for very long time when you see the bitcoin market is fluctuating at alarming rate. The number one reason behind people sell before the timeline completes is their greed to book the profits. That's even good thing but the exit strategy could fail when you see that the bitcoin or other crypto has gone way further than what you sold at.
To avoid such pre-matured sells is kinda tough thing. Every trader fails at this and in turn do not become the long term holder. But, believe me crypto is an asset which can give fruitful results if you hold them for very long period of time. I mean come on, few cents invested a decade ago are worth 45K USD today. Lolz.
yeah,it's difficult to hold for very long time when you see the bitcoin market is fluctuating at alarming rate.but we need be patient to make bigger profits.To avoid such pre-matured sells is kinda tough thing. Every trader fails at this and in turn do not become the long term holder. But, believe me crypto is an asset which can give fruitful results if you hold them for very long period of time. I mean come on, few cents invested a decade ago are worth 45K USD today. Lolz.
market will teach us this rule.
Good start with the trading mate. I am not sure if you are trader or you just putting up your thoughts here but these are the two terms every potetnial trader must know and learn to act accordingly. With my experience I have seen people go crazy about the long term trading. The reason, it's kinda difficult to hold for very long time when you see the bitcoin market is fluctuating at alarming rate. The number one reason behind people sell before the timeline completes is their greed to book the profits. That's even good thing but the exit strategy could fail when you see that the bitcoin or other crypto has gone way further than what you sold at.
To avoid such pre-matured sells is kinda tough thing. Every trader fails at this and in turn do not become the long term holder. But, believe me crypto is an asset which can give fruitful results if you hold them for very long period of time. I mean come on, few cents invested a decade ago are worth 45K USD today. Lolz.
To avoid such pre-matured sells is kinda tough thing. Every trader fails at this and in turn do not become the long term holder. But, believe me crypto is an asset which can give fruitful results if you hold them for very long period of time. I mean come on, few cents invested a decade ago are worth 45K USD today. Lolz.
short term hold and Long term hold are two different strategy .
sometimes you can always change your strategy according to the situation.
A short term holder would redeem his profit on a small margin while a long term holder would not care for the market fluctuation but would bet on the future of the coin.
It also depends on how easy you feel to trade your coin and how much time you can spare to make your orders.so don’t just follow famous people,you must Choose the investment strategy that suits you best.
sometimes you can always change your strategy according to the situation.
A short term holder would redeem his profit on a small margin while a long term holder would not care for the market fluctuation but would bet on the future of the coin.
It also depends on how easy you feel to trade your coin and how much time you can spare to make your orders.so don’t just follow famous people,you must Choose the investment strategy that suits you best.
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