When using a long-term trading strategy for investing in the stock market, a person can rely on the historical data to make a decision. That’s not always the case for cryptocurrency as there is only a limited amount of data available.
Yet still, people who prefer to do long-term trading assess that data along with more recent and current activity in the market to forecast how a cryptocurrency might perform in the long-run.
The strategy could prove particularly beneficial to investing in cryptocurrencies that have been around for a few years.
Short-term trading takes the opposite approach to long-term trading. It aims to generate a return on an investment in a short period of time. Ideally, you invest, the price goes up,
Nice information and write-up you have here. I think I’ve learnt one or Little things. Thanks.
I like long-term investments. Personally I am very bad at trading. I prefer to be hodler and when the price of my hodl coins reach at certain level , i will sold them.
Thanks for this post … For me i prefer long term trading , like this i can avoid spending lote of money in fees…
Yes man … everybody has to know what he could do …
Short term trader uses mainly Technical Analysis (TA)
Long term traders combine both Technical analysis and Fundamental Analysis (FA)
Good explanation… Long term trading are best compared to short term trading