Cryptocurrencies: A Short Term or Long Term Investment?

Trading crypto in the short team

  • Investing in high volatility coins will pay you more in the short term.
  • This involves significant risk. There is a chance that you will lose your money.
  • It is not for the faint-hearted.
  • The ideal period for short term investing is 1 day to 1 month. Then, you sell even if you are at a loss.

Investing crypto in the long term

  • Outstanding return potential in the long-term
  • Low risk and high returns
  • Peace of mind as you know that you hold valuable coins
  • The ideal holding period is 1 year to 3 years, depending on the coin
  • Long-term investing can help you overcome the market ups and downs
  • It gives you the benefit of compounding (returns on returns)
  • It’s easy and saves time
  • Dividend-paying coins will pay you recurring interest when you hold them for a specific period.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Libra Ecosystem

Libra Ecosystem

2.8K Followers

A Comprehensive Blockchain Payment System for E-commerce Businesses.