I am begining on a short term investment. - page 4.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

~snip~
We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision

I wonder what those who came here 5 or 10+ years ago are doing on the forum? They should have already made multiple profits and retired without ever appearing here again...

Short-term or long-term investing is not important at all, it is much more important to understand what you are investing in. It's not just about the price, most people who decide to invest in BTC do not understand the risks that come from keeping their coins on exchanges, in hot wallets (desktop/mobile), or the importance of a safe backup.

All those who go the wrong way have a very high chance that something bad will happen to them, but then they should accept that it is their own fault - it is not the fault of Bitcoin, wallet or exchange.

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short-term investment is very suitable, choose alcoin because alcoin moves quickly, especially if there is good news about one of alcoin, it is a big opportunity to take advantage, I once experienced an incident like that, at that time my friend said that Elon would release news about doge, so I was advised. I bought doge a few days later and I made a big profit.

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Quote from: Cryptohygenic on June 19, 2024, 12:26:09 PM

I also don't see senses of following the crowd in this investment space because everything about us differs and all that matters is how we can effectively make those goals done deals.

Choosing a long-term or short-term strategy is up to you, you don't need to follow the crowd or follow other people's advice. But you also need to think again, why does the crowd prefer long-term holding over short-term investing? Or why are there stories of many people becoming rich and becoming millionaires by holding bitcoin, not by speculating like you are looking for? Those who give you long-term holding advice must have their own reasons and all they want is for you to be safer and secure your profits. People just want the best for you but the final decision is up to you because it's your money, you can do whatever you want.

GreatArkansas

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Quote from: sunsilk on June 19, 2024, 08:18:21 AM

You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

Make sense. OP must consider also why a lot of people advocate of long term - because they are trapped in and underwater position, which means, some bought during the peak and Bitcoin dumps, then that's the time they consider "long term". Which that's the only they need if they want to make profits and not to sell at a loss.

So for OP, it really depends on the price entry, so you must be careful when you enter the market.

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Quote from: Don Pedro Dinero on June 19, 2024, 09:11:31 AM

If you are planning for the short term you are doing it wrong. You're probably sitting on money that you may need in less than 4 years and that's why you want to gamble it to see if you can make a quick profit.

I wish you luck but you look like a typical retail investor who invests at highs and sells at a loss out of fear.

Greed will never give you long term profitability. Although I'm not against with short term investors since they have all the freedom to chose, but if you know the high potentials of bitcoin, you will never settle with short term but stick to its long term goal. Bitcoin is designed as a long term investment, I hope you keep that in mind. If you see those short term investors are in profits, know that those are for temporary, and not gonna lasts longer.

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Quote from: Moreno233 on June 19, 2024, 05:59:26 PM

Quote from: Churchillvv on June 19, 2024, 08:50:55 AM

We only have risk in the market and some risk are higher than others, we do prefer to take a risk that losses are lowered and profit are maximised. So if you prefer to go for the higher risk, it all depends on you and your level of risk tolerance. BTW the higher the risk the higher you are likely to get more rewards?.

For Bitcoin, this statement is not entirely correct whereas for gambling it is very correct. If you have been in the business of Bitcoin for a while now, you will notice that the highest risk are taken by short term investors and often they end up losing money on the process. On the other hand long term investors take less risk and mostly make more profits from their investment. I believe you will agree with me on this because the records are there as well as the wailing of short term investors that lost large sums of money within a short period of time. So for Bitcoin, it will be right to say that the lower the risk, the high the reward.

I'm so sorry but I believe you are absolutely contracting yourself!

I can't find a real meaning in what you have said. maybe you can be more clear

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Quote from: Churchillvv on June 19, 2024, 08:50:55 AM

We only have risk in the market and some risk are higher than others, we do prefer to take a risk that losses are lowered and profit are maximised. So if you prefer to go for the higher risk, it all depends on you and your level of risk tolerance. BTW the higher the risk the higher you are likely to get more rewards?.

For Bitcoin, this statement is not entirely correct whereas for gambling it is very correct. If you have been in the business of Bitcoin for a while now, you will notice that the highest risk are taken by short term investors and often they end up losing money on the process. On the other hand long term investors take less risk and mostly make more profits from their investment. I believe you will agree with me on this because the records are there as well as the wailing of short term investors that lost large sums of money within a short period of time. So for Bitcoin, it will be right to say that the lower the risk, the high the reward.

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Quote from: Maslate on June 19, 2024, 03:53:46 PM

Quote from: sunsilk on June 19, 2024, 08:18:21 AM

You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

We all invest for profits and that's for certain. However, we only differ on how we manage our investments whether it's for short term or long term as we have different strategies that we set to take, but still the end goal is to accumulate profits. You can chose to hold for long term, or settle on short term and that's for you to decide, as long as you get satisfaction on every profits you made, then it should be fine.

True, at the end of the day, the one who will decide whether to go long-term or short-term is the inventor itself, so no matter what his or her choice is and no matter what the result, it is its own decision. You can maximise and utilise the potential profit in bitcoin if you will go long-term, but of course it still depends on your timing in entering the market. For example, if you buy bitcoin at a certain price, but onwards, bitcoin keeps dipping, and even after a month, the price of bitcoin is still not passing or still has a low profit even long-term, so timing is important in bitcoin if you want to go long-term. In the short term, this might be too risky because, of course, you are trading bitcoin or buying and selling in the short term, so we never know. The bitcoin market is unpredictable, so you might make the wrong move. But if you are good enough at predicting the bitcoin market, then it is great.

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Quote from: Frankolala on June 19, 2024, 02:15:03 PM

You are in the market to trade in order for you to take care of today's challenges and what will happen about the future challenges. Investing and hodli for along time means that you are preparing for the future challenge because your bitcoin investment will take care of whatever financial challenges that you will have in future if only you can hodli and build your bitcoin investment using DCA strategy to accumulate bitcoin overtime.

However, it is your choice to decide what you want in the crypto space after all it is your money and you have the right to do whatever you like but you should also note that we are responsible for our own actions. You are new to the market and you will run at loss because you don't know much about trading.

I think I kind off like OPs strategy as I see nothing wrong with it. Taking profits in cryptocurrency holdings to me doesn’t have time stipulations it can be long or short term there is nothing wrong the only thing is do not sell at a loss. I have always recommended to investors especially newbies that they shouldn’t even put a Time frame to take their profits because sometimes this periods might not even be the Perfect time to take profits. The best strategy to me is set a profit target, a realistic profit target once this target is reached and you wish to take profits then it’s ok. This strategy now doesn’t guarantees you that it will be in a long term or short term it is definitely dependent on the target is realized. One thing is the key to every successful hold is investing what you can afford to lose

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Quote from: sunsilk on June 19, 2024, 08:18:21 AM

You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

We all invest for profits and that's for certain. However, we only differ on how we manage our investments whether it's for short term or long term as we have different strategies that we set to take, but still the end goal is to accumulate profits. You can chose to hold for long term, or settle on short term and that's for you to decide, as long as you get satisfaction on every profits you made, then it should be fine.

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Quote from: Cryptohygenic on June 19, 2024, 12:26:09 PM

Quote from: sunsilk on June 19, 2024, 08:18:21 AM

You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

Yeah thanks! That is really based on individual goals of what we want and the strategies of how we can get it done.
I also don't see senses of following the crowd in this investment space because everything about us differs and all that matters is how we can effectively make those goals done deals.

Exactly.

We've entered at different times and that's a different situation for us. So, no one tells you that shorting or selling is a wrong thing but we suggest for someone to hold for long term. But whether you listen or not to become a long term holder, it is always your call that shall be followed.

That is because based on our experience, we've made more by holding in the long term. And if you're able to make profits in the short term and you're at the right timing, no one will stop you to sell and if there's profit already for you.

Quote from: Helena Yu on June 19, 2024, 09:23:44 AM

Well said, I don't understand why people need to follow or rely on someone else decision. It's fine for someone seeking for advice, he will get many replies with many different opinions. But, he's the one that need to choose which one is bad and which one is good for him.

If someone can make money from trading and earn more than just holding Bitcoin for four years, I'd say it's better than hold Bitcoin. When was earn more than investing Bitcoin is a shame or a crime lol.

I agree.

Do what you are good at and don't copy what people are doing. If others are doing it wrongly and you've noticed it then you're the one who's only going to be the right one.

And an investor doesn't need to get someone's approval for his/her own investments, actions and decisions.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.

You're essentially a speculator. You want some money here and now because you need it.

I always tell people the same thing.

1. You can't afford saving and investing, you will never be able to afford anything in your life, because that's where the difference between the rich and the poor lie. The poor live here and now, but the rich think 10 years ahead.

2. If you feel pressure to sell at a loss, you're way in over your head. In other words you've invested too much. Try to invest less and less, until it's such a small amount that you no longer care if it's down 5% or up 5% because these numbers mean nothing to you. For each of us it's a different number. I've been in a situation where $1k would be a lot of money and losing that would make a difference in my life. Right now I could see my bitcoin holdings go down by $100k and sleep like a baby.

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OP here's a small point you need to understand about the market, as you've mentioned that some people held their coins for over 4 years and ended up in just no loss situation or similar kinds of things. They took their entry in those assets all in at the wrong time, you should know that in bull market hype you should be always careful before investing use the maximum of the assets at that time is always on ATH or near ATH. The best way to proceed in the short and long term is DCA and Bitcoin is not for the short-term investors who own less capital in my view you should accumulate for the long term.

Yup there's an exception for those who own decent capital and are interested in the Bitcoin market for the short term can try with their experienced strategies.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

As a beginner to this bitcoin market, I have understood that long term investing and holding is most beneficial to investors that short term holding.
But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.
As being speculated of all cryptocurrencies, they are all volatile so I am set to take my profits whenever I can and then the outcome potentials while I am Investing in this bitcoin industry would determine if I will have to hold for long. I don't think I will listen to all that advices of holding longer. We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision

If you are investing in bitcoin for a short term, also prepare your mind to absorb all the risks that comes with investing for short term. From your post, it is clear you are in to grab the money and go your way. Bitcoin investment can make you rich and it can also make you poor, very poor that you can ever imagine. When we advice people to invest for long term, we are only ensuring that they spread the risks involved over a long period of time so they do not get to feel the impact of a particular event.

No one is a fool for deciding to invest for short term, as long as you would be withdrawing at a profit, your decision is okay. Just like you have rightly stated, how long you should hold will depend on the market forces of demand and supply which causes the bitcoin price to rise or fall. Your patience level should be another consideration because if you can't wait till you arrive at a good profit, your efforts so far would be a waste.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

As a beginner to this bitcoin market, I have understood that long term investing and holding is most beneficial to investors that short term holding.
But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.
As being speculated of all cryptocurrencies, they are all volatile so I am set to take my profits whenever I can and then the outcome potentials while I am Investing in this bitcoin industry would determine if I will have to hold for long. I don't think I will listen to all that advices of holding longer. We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision

You are in the market to trade in order for you to take care of today's challenges and what will happen about the future challenges. Investing and hodli for along time means that you are preparing for the future challenge because your bitcoin investment will take care of whatever financial challenges that you will have in future if only you can hodli and build your bitcoin investment using DCA strategy to accumulate bitcoin overtime.

However, it is your choice to decide what you want in the crypto space after all it is your money and you have the right to do whatever you like but you should also note that we are responsible for our own actions. You are new to the market and you will run at loss because you don't know much about trading.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.

Judging from your statement, I’m not quite sure you’re ready to pick up Bitcoin investments just yet. I seem to have the mindset that you would go at this wrongly because, your evidently scared about the journey your about to undertake which tells me, you up to investing more than you can afford to lose in the eventuality of a loss and that wouldn’t do you any good, than experience which arguably, it could be the lesson learned at the cost of a loss. Mind you, you would realise this even more when the market pumps and you wish to have hodl.

I wouldn’t ask you to hold on in your investment plans but, be sure to find the conviction you need to hodl for a longer term, it’s been known to pay off that’s why it’s widely adopted by a lot of investors, rather than hodl for a short term. As a beginner in the industry, short term hodling wouldn’t help you much, it creates room for anxiety and mistakes.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

As a beginner to this bitcoin market, I have understood that long term investing and holding is most beneficial to investors that short term holding.
But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.
As being speculated of all cryptocurrencies, they are all volatile so I am set to take my profits whenever I can and then the outcome potentials while I am Investing in this bitcoin industry would determine if I will have to hold for long. I don't think I will listen to all that advices of holding longer. We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision

Bitcoin / cryptocurrencies are financial instruments that allow you to make a profit. How exactly you will use this financial instrument is entirely up to you. If you don’t want to wait for many years, please make a profit in a short time, if you succeed. There are no restrictions here (only the thickness of your wallet). But it has already happened, traditionally, that investing in currencies over a long period turns out to be a more stable, easier, I would even say, lazy way to increase your capital. But it and just hodl. If you have found your own way in investing, then go ahead and get rich.

Any decision (in investing) that brings profit is (a priori) correct.

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Quote from: Cryptohygenic on June 19, 2024, 12:26:09 PM

I also don't see senses of following the crowd in this investment space because everything about us differs and all that matters is how we can effectively make those goals done deals.

That's you mean! You have your own goal with short-term investment then there is nothing wrong with what you said but why many people prefer long-term because they see bitcoin always profitable bigger then they prefer HODL.

You take what you think is good and leave what you think is not suitable for you.
In that goal I and you are different in their goals, you are doing for the short term which is important in terms of profit already obtained while I will wait for the long term then don't care about anything else because of what I believe that long-term bitcoin will be better.

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Quote from: Cryptohygenic on June 19, 2024, 08:03:04 AM

As a beginner to this bitcoin market, I have understood that long term investing and holding is most beneficial to investors that short term holding.
But I being a beginner, I might not be affordable to hold too long because I have read about investors holding their coins for over 4 years.
Although I might be reprogrammed to long term investment in the future but I need to be practically convinced in reality based on what the market hold for Investors on long term and short terms.
As being speculated of all cryptocurrencies, they are all volatile so I am set to take my profits whenever I can and then the outcome potentials while I am Investing in this bitcoin industry would determine if I will have to hold for long. I don't think I will listen to all that advices of holding longer. We are only here to make profits and face our today's challenges and also prepares for future challenges. So I don't think that investors on the short term goals are at the wrong side because the Speculation of long term holding is excessively making it feel like short term Investors are on the wrong decision

The price of Bitcoin or other crypto coins is not stable. This is why they need to be held for a long time. They are volatile and your coin price may go down or go up after investment as you don't know which way your coin price will move after investment so you should invest with the preparation of a long term holding. Like if the price of the coin drops you can hold it until it recovers and profit or if the price of the coin goes up immediately you can profit from them very quickly. It will be better for you.

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Quote from: sunsilk on June 19, 2024, 08:18:21 AM

You know what brother? just do your own thing and what you're planning as you invest in Bitcoin. It doesn't matter whether you hold for the long term or you short it for profits.

Yes, we're all here for profits but it doesn't matter what your strategy is and that's based on your studies and patience as well.

Don't compare yourselves to the others. If we're going to hold for long term, what is it for you? we don't just go with the crowds, we're doing this because that's our plan and we know what we are doing.

Yeah thanks! That is really based on individual goals of what we want and the strategies of how we can get it done.
I also don't see senses of following the crowd in this investment space because everything about us differs and all that matters is how we can effectively make those goals done deals.

Topic: I am begining on a short term investment. - page 4. (Read 796 times)