investment in bitcoin should be short term or long term.

[Slow death]

on this matter of making long-term investment, the person needs to choose well for how many years they will be willing to hold or at what average price the person will sell, for example until a few years ago the price was 20,000$ and there were many people who bought it at this price of 20,000$ and that when the price reached 64,000$ they did not sell, thinking that the price would continue to rise a lot in the coming years, now see that the price is back to 20,000$, that means that if the person bought at 20,000$ 2 years ago and after 2 years the price reached 60,000$ and then dropped to 20,000$ while the person did not sell, so the person stayed for 2 years doing hold without making a profit, sometimes the person can even spend many years doing hodl and not have much profit

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In Germany, for example, there is income tax that you are required to pay if you exchange/sell your coins for fiat after you have been holding less than a year. But if your investment is longer than one year, you pay no taxes after converting to fiat. In Croatia, that same time period is 2 years unless I am mistaken.

Every country is different, and regardless of the time period the government has benefited greatly from crypto taxes. The time period may provide a good choice for investors not to have to pay income tax, especially if these investors are long-term holders.

Regarding the OP's question, I'm starting to tend to think that long term investments are more profitable than short term investments. I mean, this investment would be great for multi years instead of just few months with less than 30% increments. Bitcoin is the one that interests me the most although diversification can also be considered for me.

[freedomgo]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

Long term my answer.

The thing you need to ask is for what you choose Bitcoin as an investment. When your answer is final, then you must be ready to experience various misguided information out there that will make your faith shake.

To convince yourself in choosing long -term investment is to look at Bitcoin historical data.

Definitely, if you invest for a volatile investment, then always choose for long term. Aside from you can maximize your expected profits, you can also avoid panic selling once the value crash because you know your target is long term hodling. You will only get to sell when there is huge profits waiting for you, and not for short term that only give rare chances to become profitable.

[Minecache]

The only option is to invest in bitcoin thinking on long term. As predefined goal, short term investment on crypto doesn't exist, because you can be unlucky enough to buy on the wrong time, so right after you bought your coins, bitcoin's price may crash and remain below the price range you have bought for years.

This is an extreme scenario, but it does happens, so every investors must have that in mind before making their decision. After all, their decision can impact their lives for years, so it must be taken in consideration if the investor will need that money meanwhile for emergencies or daily expenses. If so, that money shouldn't be used for btc investment.

What about trading? I think it should also be called a short term investment and many people are trading day to day and making a profit.

Right! Whether it is a short or long term investment, investing in bitcoin is very risky because of its volatility, so it is advisable to invest only with idle money or money that you can lose. Bitcoin investment is not always profitable and remember it is not a get rich quick way.

[wallet4bitcoin]

Investing in bitcoin should be long term. Sort-mid term investment also possible but from my opinion BTC is suitable for long term.

BTC works like a rocket if there is any hype. We saw this 2-3 years ago. So, we should invest long term to catch it up.

[lienfaye]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

Bitcoin is a good investment for long term. If you track the price history you'll understand why. But it doesn't mean you have to hold forever, just set your target price to sell and for how long you're willing to wait.

However, this still depends on your strategy, you are free to do what you think is best for yourself. Either short or long term, what matter is you'll benefit from the decision you made. Much better to have plan so you can timing the market on when you will engage yourself. It takes guts hence be prepared whatever the result is.

[landheer]

i am a newbie in bitcoin, and i plan to buy bitcoin,,

I thought you already did?

around 2020. and at that time the price of btc had gone up, but even though the price had gone up, I still bought it because I saw good potential for the future..

Are you trying make people fool just to ask newbie questions, for what? merit? Repeated shitty discussion? Lol. You still "newbie to bitcoin" yet you already did discuss lots of time regarding bitcoin even investing on it.

For me personally, I still feel like a beginner, because in terms of my ability I am not yet reliable, even though I often buy bitcoins as you mean, and with the aim of posting that because I have new capital to invest in bitcoin. so it doesn't mean i never buy bitcoin. but just asking everyone, about short term and long term investment.

For bitcoin, short-term or long-term investment will be profitable, whichever method you choose is up to you, but we can't decide for you. If you have knowledge of trading then you can make short term investment with bitcoin to make profit but if you don't know about trading then holding is the right choice for you.

Since I am not good at trading I will choose to hold long term and in my opinion this is a good time to accumulate bitcoin and as you said you have money in hand, you should consider buying at this price to hold.

yes, and I have now bought it and I will hold it until the time comes to sell it. because I believe one day the price of bitcoin will be very high. and I will sell it when the market is bull run. but of course I have to be able to get through every obstacle that is to be able to fight the panic when there is a decline in prices.

[Baofeng]

I think long term. Investing now in Bitcoin or any other cryptocurrency can be a life changing decision because of the underlying blockchain technology that makes this possible which can help you make money online even if you don't have any technical skills.

Everybody can make money online, with or without bitcoin, it's that crypto or at least bitcoin can give someone a huge profit, but you have to accumulate and hold long term and that's what makes it more difficult here. It's because of the mental aspect. In also involved that you have the psychological ability not to sell too early or to late in order to maximize your profits here.

The cryptocurrency market has experienced a lot of fluctuation over the past year or so. If you are looking for profit, this is undoubtedly the right time to start your investment in Bitcoin and others.

Yes and that's what separate crypto to the rest of financial markets. It's so volatile, but you can take advantage of it as what daily traders is doing. But for the majority, just a simple strategy of buying cheap bitcoin and accumulate over the years.

[Esther C]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

In my opinion, I’ll say if you plan to day-trade then it can be short term. But if you plan to invest and HODL, then you should make it long term.

[Minecache]

The only option is to invest in bitcoin thinking on long term. As predefined goal, short term investment on crypto doesn't exist, because you can be unlucky enough to buy on the wrong time, so right after you bought your coins, bitcoin's price may crash and remain below the price range you have bought for years.

This is an extreme scenario, but it does happens, so every investors must have that in mind before making their decision. After all, their decision can impact their lives for years, so it must be taken in consideration if the investor will need that money meanwhile for emergencies or daily expenses. If so, that money shouldn't be used for btc investment.

What about trading? I think it should also be called a short term investment and many people are trading day to day and making a profit.

Trading on short term with bitcoin is like gambling. If you want to risk losing money that is fine, but if you aim safe investment for future gains it's not advised. Crypto is too unstable in short time frames. I consider it safe only if we are talking about 3-4 years investment, because that is enough time to transit from a bull to bear season, or vice-versa.

I agree with you that long term bitcoin investment is much safer and more profitable than short term investment but if you say trading is gambling then I definitely disagree with your thinking. If you trade without any knowledge then I agree you are gambling but if you have knowledge and skill, it's not gambling. Trading can actually be profitable for you and it is based on your ability not luck so it cannot be considered gambling.

[Artem Sereda]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

If you can buy Bitcoin in current state then I would say it must be a long term investment. Bitcoin's next halving will be in 2024, and Bitcoin is expected to reach between $100k and $200k there. However, we have seen the highest limit for Bitcoin at $69k Considering this aspect, you must make long-term investment. So those willing to invest in Bitcoin right now should buy Bitcoin and hold it for the long term.

I would not bet on this since the price of bitcoin is still very much influenced by many factors, and no one knows precisely what it will be in 2024, especially newbies, which is the author of the thread. This may turn off many. I would not consider bitcoin - as a long-term investment for beginners.

[Ucy]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

I'll recommend long-term investment especially for those who wish to contribute to the Bitcoin Project and possibly benefit from its price increase. So investing longterm is better, but you free to sell part of your investment whenever you need money to solve other important issues in your life. You can always contribute ideas/efforts for the development Bitcoin which can also qualify as investment.

[South Park]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

Since you are a newbie then it is a better idea to take your time and become a long term investor, becoming a short term investor or more accurately a trader is too time consuming and difficult for most newbies to pull off, now there are a few newbies out there with amazing skills which can do something like this and become traders from day one, but if you are not one of them then save yourself the trouble and the headache and become an investor instead.

[Finestream]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

If you have long term profit goals, then always go for long term investments. Most particularly with bitcoin because it will only give us good and profitable amount once we start hodling it for long term. Although short term may also be profitable sometimes especially if you bought bitcoin at its cheapest price, but for best outcome, invest bitcoin for long term.

[Sanitough]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

If you can buy Bitcoin in current state then I would say it must be a long term investment. Bitcoin's next halving will be in 2024, and Bitcoin is expected to reach between $100k and $200k there. However, we have seen the highest limit for Bitcoin at $69k Considering this aspect, you must make long-term investment. So those willing to invest in Bitcoin right now should buy Bitcoin and hold it for the long term.

Well, bitcoin is still in a low price right now so definitely a good time to buy. And the fact that bitcoin is prone to price volatility, then set your bitcoin investment for long term. And if we can hold it for a year or two, much better since bitcoin halving is fast approaching. And when that happens, we will gain huge ROI especially if we start buying bitcoin at its bottom price.

[mich]

Well we will all agree that Bitcoin should be a long term investment. It may feel like BTC is going to hell but in my opinion it is definitely not. It’s always hard to tell when the rebound will happen but historically bitcoin's price has responded extremely positively after every correction.
It’s hard not to let your emotions get wrapped up in it when you’ve invested into the technology. But it’s important to remain detached and objective.
The reality is after nearly every correction in the past bitcoin has reached new highs so see this is an opportunity to get in cheap. Personally, I'm not buying right now but rest assured if bitcoin drops below 15K I will consider adding more to my portfolio.

[fuguebtc]

Long-term investing is a better option for Bitcoin investing. In the long run, you will find that the price of bitcoin will generally rise, and the longer you hold bitcoin, the greater the chance of making a profit.

I think so too, because long-term investments will certainly produce big profits as long as we are strong enough to hold on to it, and don't panic if there is a price drop. because if we have excessive panic nature of course we will fail to make a profit.

Most people will choose long-term because long-term holding is simpler, doesn't take as much effort, and doesn't require as much market knowledge as short-term investing. Short-term investment is trading, to make a profit in trading, you have to invest a lot of time to gain knowledge, and experience and even lose money to get practical lessons. Trading is not for the masses.

Long term or short term investment is up to you, bitcoin is just a tool to help us make profit and how to use it to generate profit is up to us, not bitcoin.

[yudi09]

Long term my answer.

The thing you need to ask is for what you choose Bitcoin as an investment. When your answer is final, then you must be ready to experience various misguided information out there that will make your faith shake.

To convince yourself in choosing long -term investment is to look at Bitcoin historical data.

Definitely, if you invest for a volatile investment, then always choose for long term. Aside from you can maximize your expected profits, you can also avoid panic selling once the value crash because you know your target is long term hodling. You will only get to sell when there is huge profits waiting for you, and not for short term that only give rare chances to become profitable.

November 6 Price of Bitcoin $ 21K. While today is $ 16K. This is an advantage if we choose long -term investment in the type of investment that is full of fluctuations.
We hope that OP can survive with the type of investment chosen. The message of encouragement from us for those who have chosen Bitcoin in investing, this situation will change.

[xSkylarx]

i am a newbie in bitcoin, and i plan to buy bitcoin,, and will invest in bitcoin, and i want to ask everyone? if investing in bitcoin is it better short term or long term??? but in my opinion, long-term investment is better, but what do you think?

In my opinion, I’ll say if you plan to day-trade then it can be short term. But if you plan to invest and HODL, then you should make it long term.

What I'm trying to say in this aspect is that holding a bitcoin for long-term investment is very good but you have to understand that I was unable to call and then have to buy it when the price is low so that you say when the price come up to the bullish market so in that aspect what you are saying is right right but I would agree to an extent that a bitcoin have no time but you can purchase or invest on it

But when is the right time to buy? When it's on ATH? Before you buy, try to study the fundamentals and technical analysis first. Many newcomers say they will buy low, but when? Because they didn't know much about it, they bought it at a high price, and when the price of bitcoin dropped, they had to sell it at a low price. You need to learn it first to avoid losses. So try to read and watch videos about bitcoin.

[TheGreatPython]

Well we will all agree that Bitcoin should be a long term investment. It may feel like BTC is going to hell but in my opinion it is definitely not. It’s always hard to tell when the rebound will happen but historically bitcoin's price has responded extremely positively after every correction.
It’s hard not to let your emotions get wrapped up in it when you’ve invested into the technology. But it’s important to remain detached and objective.
The reality is after nearly every correction in the past bitcoin has reached new highs so see this is an opportunity to get in cheap. Personally, I'm not buying right now but rest assured if bitcoin drops below 15K I will consider adding more to my portfolio.

If you believe that btc will hit a very high price and you have lots of patience then you will go for long term but if you are the opposite of that then short term will be the way to go. How can you say that btc is going to hell? Because, you are seeing reds or its value is dumping a lot? Hell is not in the vocabulary of btc.

It was only the news who influenced the price of btc to drop more evenly but there will always be a force that prevents btc from falling in a very low level in case more negative news pops out. Those who have less knowledge in btc shouldn't be afraid of it but they should use this fall in price as their advantage to stack/stock up more coins.