Short Term or Long Term

[naidray]

For bitcoin i take it for long term because it has potential and few years has been passed but its still going stronger and like a digital gold. for altcoins i go for short term and i have to monitor it daily for changes of value, the income is not big but good enough.

I guess this is the common practice of almost all the crypto users. Interestingly in recent times the altcoins also is proving the benefits of its long term holding. I guess in the history of altcoins, only in recent times altcoins finding big surge only in recent times. For example, litecoins were finding only downfall even its halving it just got doubled but after some time again prices found downfall.

But now a days even altcoins are getting us significant profits in long term perspective, I guess it would be a new trend and I am not sure how many traders will change their trading portfolio according to this new change.

[bitcoindusts]

Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 

[1Referee]

Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 

If I purely look at my year results thus far, then trading the volatility has generated me higher profits than simply holding. But the main thing is that you should do both at the same time. Holding doesn't require any attention when your coins sit safely in offline storage. From there you can focus purely on short term trading to benefit from every possible price swing. No point into choosing one of the two when you can do both at the same time.

[Wind_FURY]

That "Long Term" investment in bitcoins isn't guaranteed because as there are chanses of price rising, as are chanses of price fall. So to my mind short term investment like trading daily is better than putting money and waiting years because if your trading is successful, than for example if you get daily 0.8% daily profit which is very possible from bitcoin, than in 10 day you will achieve 8% and if you decide long term, than simply keep bitcoins safe.

Tell me. How much would you have made if you bought and held Bitcoin starting on the year 2012 and compare it if you did short term trading beginning at the same time. I believe long term investing would make much more.

Of course long term investment is the best because bitcoin is keep rising in the few years past and it seems that it will repeat the scenario and bitcoin can reach up to $10,000 price each bitcoin and that is very high price and if we just believe in that and continue to collect bitcoin and keep it for long term then we could possibly earn that high amount.

To reach $10k how many years we have to wait, is this possible in 4 or 5 years. Becasue for me, 10 years waiting is not worth. I don't have extra money to invest in BTC. I want short term profit. Means I will wait for months but not for years. Now it is a good time for investment price is increasing too fast I think it may cross 1600 this weekend it is a nice profit for short time investors.

Then you miss the whole point of investing and what you are doing is really gambling. How much Bitcoin are you effectively trading right now, if you are saying that "you do not have enough extra money to invest"? Maybe what you should be doing is to stop gambling your money in the exchanges and try to find a real job.

[jovs]

For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.

to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.

I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.

[DocGTR]

For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.

to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.

I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.

I also use bitcoin for long-term investments. If you think about the fact that I bought the first coins at a price of $ 700, and now I can sell them for 1500, I managed to increase my capital. But I intend to still keep

[kidoseagle0312]

Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

There can give you both profit actually, but if you are a typical type of a traders who wants to earn bitcoin more 100%, much better for you to go for a long terms to hold. This is already proven and many or some of the members or community can testify it, those are the bitcoin enthusiast who bought bitcoin when it was 200$ before and now they are harvesting their fruit of their labor for being patience as well.

[n0ne]

For me, Try the same method if you know the coin has a potential to get high value on long term try to hold it and bring extra capital for the short term method or Day trading.
Example you have 1Btc in tour wallet.
use 0.5btc for long term method and use 0.5btc for Day trading method it gives you a huge profit or Sell the coins you holding if you know that theres a retracement or a rebuy and buy it again when the prive has decreased.

to me everyone  have their own choice but to me i think long term investment has more advantages as compare to short term investment. in short term investment there is always risk of losing money, but in long term investment there are more chances to make money instead of losing your own money.

I agree with you. It's better to have a long term investment that short term investment. Long term investment comes with more benefits for you and you'll be sure enought that in the future you'll be secure than short term invesment that yes can give you earning but you don't know anytime you'll lose it.

I also use bitcoin for long-term investments. If you think about the fact that I bought the first coins at a price of $ 700, and now I can sell them for 1500, I managed to increase my capital. But I intend to still keep

Most of the small scale bitcoin holders prefer long term holding. The reason is that only on holding specific time period user can profit high, but with big investors even with the minor fluctuations people earn good profit because from each coin a earn a small profit.

[nicolas1979]

Trade requires only 3 things: business mindset, money, and strategy (short term or long term). For me, short-term or long-term options are made based on market movement analysis decisions. If we make the wrong choice then only the losses will be obtained and it is a big mistake. Improve analytical skills both technically and fundamentally to determine the strategy to be used, but practice and failures are our friends. Be careful in making choices because it will determine our results.

[iqlimasyadiqa]

In trading I prefer short-term investments. Because by choosing a short-term investment then I can earn income every time. I need money to live, so I will not wait long for money. Each person must have a different opinion. And I choose short-term investments as the top choice.

[Labumi]

Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

Short term if managed correctly can out profit the long term.  If the one doing short term keeps on taking advantage of fluctuation and is very successful with it, then he can multiply his holding, and will definitely beat the one who is holding his coin in long term. 

Hmm, that's true. Because it all depends on the way we think and ingenuity in seeing an opportunity, when we are smart in taking chances then a short term is not a problem. Because what we are looking for is not about short-term or short-term, but how we can take advantage of an opportunity. One more thing, when you want to make a profit then all you have to do is be able to understand and understand how a plot or future something is currently happening. For if it can not do it, then it is quite difficult to make a profit

[Gheka]

If I have small capital, I will invest long term and if I have large capital I will invest short term because with the small capital, choose long-term investment is a good way to x2 or x3 capital in the future, but if they choose short-term investment, profit is very low and sometimes they may lose money if they choose the wrong place to invest. Short term investment is only suitable for those with large capital, just a small difference in price can also bring them a good profit. However, this is only my opinion, each person will have different reasons and choices

[Rufsilf]

For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.

[PokerFace3]

For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.

If you are preferring only short-term trading plans, I believe you must stick only with altcoins trading. Bitcoin trading also might be getting you profits in short-term, but the benefit you will be getting in long-term will be multifold than what you will be getting from short-term trading.

I have watched most of the altcoins are getting dumped over time hence I'm not finding long term basis altcoin is profitable.

In summary, bitcoin trading will be working perfect in both short-term and long-term trading but all other crypto currency trading doing good only in short-term as far as I have observed.

[Sniper44]

For me it is better to go for short term rather than long term because we all know that the cryptocurrencies has its own price volatility so it will be easy for a short term trader to gain profits faster than long term trader. I see a lot of movement from the different exchangers and that is what a trader should take advantage to make a profit.

If you are preferring only short-term trading plans, I believe you must stick only with altcoins trading. Bitcoin trading also might be getting you profits in short-term, but the benefit you will be getting in long-term will be multifold than what you will be getting from short-term trading.

I have watched most of the altcoins are getting dumped over time hence I'm not finding long term basis altcoin is profitable.

In summary, bitcoin trading will be working perfect in both short-term and long-term trading but all other crypto currency trading doing good only in short-term as far as I have observed.

i should add that the definition of "short-term" and "long-term" needs to be clear. for example you may invest in an altcoin and hold it for a couple of weeks and call it a long term investment. and that can be true and profitable for you.
or you can call that short term investment compared to holding bitcoin for months or years.

[dady12]

long term or short investment  depends  on individual and capital availability ,I have been doing both because both are good for me,I sell off when I gain little from my short term and my long term is untouchable,

[Supercrypt]

i should add that the definition of "short-term" and "long-term" needs to be clear. for example you may invest in an altcoin and hold it for a couple of weeks and call it a long term investment. and that can be true and profitable for you.
or you can call that short term investment compared to holding bitcoin for months or years.

No. The Short-term and long-term are denoting seasons/trends/rally/sentiments. If you are entering into an altcoin and finishing of selling it within one "rally", you made a short term trade.

We are getting one news like bitcoin etf, cryptos see some rally, that is one trend. All the trades made within that trend should be considered as short-term. After etf rally prices found downfall due to bitfinex and scalability issues. This was another trend (but fall down trend).

Long term trades are dealing with many trends. In between time you may face negative price movements too. For example those who bought bitcoins by last Christmas might have experienced many ups and downs. But finally now they got chances to book at least $500 profits per one bitcoin trading. This must be long term. 

[CyberKuro]

Both type of trading have their perks, with long term you may end up with bigger margin of profit, but you have to be very patient for that, and in short term, you see growing your investment every day even though by a small amount.
But how do you prefer to trade? Especially when trading alts. Do you go with good potential coins and long term investment so you can only cash in when you get to a desired level of profit?
Or do you prefer day trading and go with whichever coin suits on the day.
And what is according to you best practice?

I divide into short trading and long term depend on what coin we're talking about.
We know there are some coins which has shown significant increase within months or years, has been around for years and still growing, then it could be hold for long term. And other coins, brand new and always fluctuate for short term obviously.

[dothebeats]

Personally I'm a lazy person and I don't really like to dig on things too much except for things that I do really like. Bitcoin, though I amreally fascinated by it, I easily get annoyed by shorting and I sometimes lose money, thinking that it isn't worth my time or effort.Tbh, this is the first time that I've seen an asset to gain value faster than any other commodities in this world, which gave me hope to do passive wealth building. I like to hold on for the long term since I won't even bother checking the price every so often but likes on peeking onto it whenever it increased dramatically.

[susila_bai]

It is upto the traders way of trading which suits them, but i do some coins for long term and some for short term, as i am seeing that some coins are very good for daily trading as the price fluctuation is high