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Topic: Short term or long term (Read 63 times)

full member
Activity: 490
Merit: 225
January 13, 2024, 02:00:31 PM
#3
Short term Investment Na the type of investment wey person invest in temporary within the period of five years just with the sole aim of cashing out asap, one example of short term investment na when you buy perishable goods just to sell am within that period of time
Long term business Na business wey you invest in for a period of 10 or more years, most persons no get that patience for Long term Investment ,one example of a long-term investment Na to invest Inside retirement fund, hoping say e go  growth over over time.
Bitcoin as Investment fit be short term and e still fit be long term, if you invest in Bitcoin just to get your profit within 5 years then we fit call am short term, but when you invest inside Bitcoin for a period of ten years and above without touching your profit then we fit call am long term investment.
this is just like reading a nursery rhyme or reciting the national anthem. After doing them, do what then do you expect of your audience? An applause that you are able to read the nursery rhymes or you except them to ask you a question from it?

Everyone knows that bitcoin can be bought and then hodl and trading of bitcoin isn't anything too strange to members of the forum.

Maybe if you had made attempt to ask a question on which of them is a better choice, then it would have been reasonable but just explaining what a short term and long term investment is all about doesn't make any difference. It's as good as saying that you don't have anything to say and that's definitely not a crime and you can just sit back and make replies on peoples post that you have ideas on.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
January 13, 2024, 01:31:55 PM
#2
Short term Investment Na the type of investment wey person invest in temporary within the period of five years just with the sole aim of cashing out asap, one example of short term investment na when you buy perishable goods just to sell am within that period of time
Long term business Na business wey you invest in for a period of 10 or more years, most persons no get that patience for Long term Investment ,one example of a long-term investment Na to invest Inside retirement fund, hoping say e go  growth over over time.
Bitcoin as Investment fit be short term and e still fit be long term, if you invest in Bitcoin just to get your profit within 5 years then we fit call am short term, but when you invest inside Bitcoin for a period of ten years and above without touching your profit then we fit call am long term investment.

So, in conclusion, what are you trying to teach the members here?

Well, it's not funny for the fact that the thread is coming from a low rank; it definitely would have been more funny if it were a post from another high rank.

OP, don't get tensed up or feel bad about my comments, but if I am being honest with you, this post doesn't add any very great ideas to this board. There's no one here who doesn't know what long-term and short-term investment is. If you had had more facts to add to the topic, then it would have been better to make the thread look more informative by adding other facts.

Like you said, holding Bitcoin for five years is a short-term investment. You are wrong about that. You should check again to be sure you are right about that, unless things have changed so fast that I am not aware of it. If not, any investment that lasts for more than 12 months (1 year) is also considered a long-term investment.
member
Activity: 308
Merit: 32
January 13, 2024, 01:10:57 PM
#1
Short term Investment Na the type of investment wey person invest in temporary within the period of five years just with the sole aim of cashing out asap, one example of short term investment na when you buy perishable goods just to sell am within that period of time
Long term business Na business wey you invest in for a period of 10 or more years, most persons no get that patience for Long term Investment ,one example of a long-term investment Na to invest Inside retirement fund, hoping say e go  growth over over time.
Bitcoin as Investment fit be short term and e still fit be long term, if you invest in Bitcoin just to get your profit within 5 years then we fit call am short term, but when you invest inside Bitcoin for a period of ten years and above without touching your profit then we fit call am long term investment.
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