Is short-term trading optimal for bitcoin investment?

Good-Guy

VIP Contributor
There are many people who tend to trade in bitcoin. However, the fact of the matter remains that there are many different kinds of investors when it comes to Bitcoin. There are a few people who invest in bitcoin for long-term purpose and there are some of them who are short-term investors. These kinds of investors might trade in the market for a one week or few more days and then withdraw all the profits.

Some traders might be day trader and they may actually be trading in bitcoin for a single day or every day. These are short-term investors who do not hold bitcoin for a really long time. They are quite different from bitcoin holders who are knows as "Hodlers".

These both kind of trading methods might be beneficial. However, there are many things that we may need to consider before we choose either of them. Right now the bitcoin market is much more volatile than before and the market is not gaining that much value as it used to gain in the past. This has been the condition of the market for almost two years now. So, during such kind of circumstances, is short-term trading a much better option for trading?
 

Alberello75

Member
Well, first of all we should analyze the current circumstance and above all the economic availability of the single person.
Anyone who can afford to hold the invested money as holder for a long term must still take into consideration the volatility factor of this cryptocurrency.
 
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