I want to invest with $ 2000, and I will choose 5 altcoins. Maybe one of them is Cardano. Is the short term more likely to gain profit or vice versa with the long term? Thank you.
Of course long term investments will bring much higher reward in relation to short or middle term. The main question is do you have enough patience and good exit strategy to make long term investments?
That's a very difficult questions to answer nowadays mate, we can't be certain how long we can have patience at this very down market. Deciding to have long term investments is a good strategy to make, but only for those who have huge funds in their savings. Unlike for those people who only lived their lives through trading income, I don't think it will provide them daily sustainable income to supoort their families. It needs serious reviews before choosing long term investments, or maybe just have a halfway options to invest 50% of the assets you have to avoid worries.