Bitcoin Forum

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.

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.
market will teach us this rule.

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.

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 .

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.

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.

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.

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.

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.

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.

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

In this cryptocurrency long-term or short-term trading is usually based on the experience it has gone through. Which was more profitable at the time.
If in the short term it has shown a large profit, of course it can sell it. But if the value of a coin has not made a profit on target, usually we will hold it
longer to make a profit. In this case we usually learn from the history of our own experience in trading.

Precisely, it wasn't to see that this strategy makes other people become rich and you need to follow because that might possibly it won't work on you or you don't have the capability to do that. We don't need to force ourselves then as this will only lead to compromise us and even it leads to suffering losses instead of aiming for a profit.

To choose a strategy that we are comfortable with, it was just like you are winning already. Learned it, urge ourselves to do more and surely it works. Well, that it needs some effort as we keep in mind that there is no easy money in here.

if you are holding various alts, one responsibility is to follow them to know where they are heading at. blindly holding it will not be good for your investments. experience, indeed is the best teacher here. with our experience in trading, we can easily spot if the team is just doing pumpndump to elevate its value or not. you will understand if there is increase in value if there is significant achievement of their objectives, if not, doubt the reason why it is pumping. the team may soon be dumping their coins and be gone, who knows? this is where we are blind at, the intentions of the team behind the project. as they can rug pull anytime especially if they are anonymous.

Short term investors are more stressful as they have to check the movements of the coin they invested into very often. Even if they set their own price goals, they can't make do by just waiting and doing nothing. Especially, the panic sellers in this group make things really bad when they take unwise actions.

However, long term investors are not that stressful. Because they are just HODLers. HODL doesn't mean that you will continue to hold your coins forever. You must know when to stop waiting and sell all of your profit or a certain amount of it. HODLers don't need to check the market very often. Because they are already accepting to wait for a long time.

I'm actually both of these ones. I've invested into some coins for a long term and a short term also. I like to distribute my investments among various coins. Because I don't think that it is very logical to put all eggs in one basket.

As the OP mentioned, I can understand it in a simple way, we all have the tools and the way to become successful. But the problem is that we do not have enough knowledge to understand our choices, and need more experience to be able to evaluate ourselves.

That's correct. But it was just the basics of investment.
The crucial part is when and how? If you decided on a short-term investment you should also have a plan on when you will withdraw it.
The same goes for long-term investment. Make a date, put it in memory.
You should also not resist the withdrawal even if you see pumps happening left and right. Once you start to defy them, all the plans will not work out anymore, you will get used to it and it becomes a bad habit.   

It's easier to just stake cryptos like Celo and NEAR instead of trading, most traders lose money. What are you staking?

I have always been playing short-term trading. I used to buy and sell various mainstream currencies on exchanges. The rise and fall speeds were very slow.
Now I start to play various new altcoins. This makes money fast but also loses money quickly.

Thats correct. Some people flip so much money for short term and trying to get some funds from it by doing days or weeks of trading. There are a lot of flippers out there but the best one for me is long term hodl. Thats the safest or the less hassle free investment method that works for anyone. Holding could give you more profit in the long run and thats proven when you look on different altcoins out there. So much gains have already been rip up.

When to withdraw is as important as when to buy.
If the altcoin goes up very sharply, but you don’t sell it and only sell it at a low level, then the increase is meaningless for you.

The easiest method to get rich is to buy and stake cryptos like Ethereum, Celo, and NEAR then start selling the staking rewards when the market goes up.

I also have to change  my strategy according to the situation. Some coins allow me to take them for the long term. It's about mainstream currencies like Bitcoin, Ethereum, BNB. but some coins I buy for short-term holding and I will sell them as soon as their trend changes. For example, I buy tokens of NFT-games while there is a hype around this sphere.

Yes that's a good advice some people often choose to hodl but when they look at the market after 3 days or just 1 week they are panicking and sell their holdings, I really think you should know to yourself what kind of trader you are and where you are comfortable at before investing to either trading or investment.

well, i can probably be called the type of hodler, or the type of person who holds coins for long periods of time. however, as you said, all of that can change based on the conditions. however, being flexible would be great, as it could bring you a huge advantage. apart from that, having a short term or long term strategy, it has its own advantages and disadvantages. I think everyone prefers one of them, but I like being flexible.

If they decide to sell their holdings and panic to see the price it goes down, that will be the mistake because they will not make anything except losing their money value.
If they can still hold and buy back for more when the price is down, they will see their profit will come to them.
But that will only be for the potential coins because not all coins can profit and they need to search by themselves.
Investing needs calculation of the money and how long the time to hold the investment so we know when we can sell the investment and leave the market temporary.

I think setting a strategy in investing really depends on what coin we hold. to follow famous people I think it's only natural that we also hold assets like they hold, meaning that we follow their advice in making a profit

As for me, I always choose to follow my instinct without having to care on whatever anybody says basically because I've regretted couple times on my self-denial.

That is true, one need to be sure of his investment tactics and know that, what works for a person might hardly work for you, maybe it could be the person is always ready for long term holding, so I think it's very important to have your own strategy than following that of others, although you can still take a clue from them.
Secondly, holders should learn a very important thing which is, not all coins are good for long term and vice versa, some are only good for short term while some good for long term, so let no one be carried away by what the team are saying and leaves his coins for long term while the signs are there it's already for short term.
Talking about long term, a lot of project developers might come with good features and all that, along the line lost it, thus one need to be sure the team are ready to offer or better still know when to change strategy if things are not working as anticipated.

changing strat in the middle of the term will make you look like your confuse .
i dont recomend that but it would be alright if you can just stick on one strategy until its terms have been finished because that is the best way to know if you are succesful of what you chose or not .
im not new in this field and i somehow know the coins movement ,also im not rushing so long term is perfect to me

Actually, I can't claim which one is the best of the two because each has its advantages and disadvantages. Investors themselves can determine whether they are more suitable for short trading or long-term investing, or they can do a combination of both so that they can divide their portfolio between those used for short trading and long-term investments.
but I choose short-term holdings, and my advice is to look for stock objects that have fairly active movements up and down on a daily basis or high volatility and also should not be greedy with the price target to be achieved because usually the results to be achieved are not large. Here the Trader has the motto "little but routine" so that from a little but often it will also be big.