But is that even possible? I mean as a newbie in any things that we do, we can't always avoid to commit a mistake but that was fine. Selling our coins at an early period of time to earn a small profit isn't even considered as a mistake. This is why there are short term investors and traders.
What is only wrong is if they buy at high and then they sell at low because they will surely lose that way but again it is part of being a newbie. They will soon realize that this was a mistake. If we are serious about long term investing then we shouldn't touch our assets or the money that we already allocated for it but we should set aside for our personal use too.
I think in this case we should be able to determine our goal in the end whether to be in long term investing or just day traders.
Even though the conditions are slightly the same, the path taken is clearly different in this case.
When we focus on daily trading, maybe you should pay more attention to the conditions where the market is currently fluctuating and this can't be done by just studying one to two days, it's different from long-term investing. the simplicity is still the same as buying at a fairly cheap price like now and holding it until the time period we specify.
