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Long term investment is more profitable than short term investment. But I have preferred to both trading, nowadays I already in short term investment because daily I ordered Bitcoin as lower and sell at a pretty more than my buy orders.
Cryptocurrency Day trading involves making trades that last within short period for example, seconds or minutes, taking advantage of short-term fluctuations in an asset's price. With day trading, all positions are opened and closed within the same day.Long-term investing, on the other hand, consists of making trades that stay open for months, and often years.
Long term and day trading or short term trading both are profitable in case of the particulars coins positions. If you are to be knowledgeable then you can trade short time or day trading. Day trading is most profitable also risky that is why i prefer long term trading.
for long term trading I prefer ethereum and for the short term I choose other more stable altcoins like, AAVE and SFI. the reason I chose ethereum for long-term trading is because it won't be long before the altcoin season will come and it's time to buy and hold until ethereum rises to a high price.and AAVE and SFI are actually good in the long run, but not like ethereum
Quote from: Millionaire on January 29, 2021, 01:07:11 PMfor long term trading I prefer ethereum and for the short term I choose other more stable altcoins like, AAVE and SFI. the reason I chose ethereum for long-term trading is because it won't be long before the altcoin season will come and it's time to buy and hold until ethereum rises to a high price.and AAVE and SFI are actually good in the long run, but not like ethereumIt’s very bad that you don’t trust Ether, since today's Ethereum indicators are still at the very beginning of their growth and at the moment it has reached the mark of its past ATH, and ETH should at least double by another. Therefore, long term purchases are very beneficial.