Always keep in mind that when you are investing, making money is a long term strategy and not a short term one. And that's the way it should be thought of whenever you invest in anything. At the same time, this does not mean there are no short term gains that can change the game along the way. Being smart about how you deal with these short term positive events is as important to the long term strategy as much as anything. How do you deal with these short term gains? The same way you deal with all other aspects of your investment strategy... With a long term mindset.
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4 comments
That's right. And you will never be at a loss if you're not going to sell at a loss. Thanks for reminding!
What if I ask you this: will there be tomorrow if there is no today? And will there be today if there is no tomorrow? Short term and long term goal should be well balance. Let's crack a joke : a woman was saving for a long time project and neglect eating , she faint and was discover it because of hunger but guess what? She had money in her purse
Sir you are saying very well because I have a lot of assets in crypto trading due to impatience but now I have learned that making money in crypto is long term investment .
That's positive enough for me. I'd like to go into any Investment with long term goals, like I cum'on 😌 Rome wasn't built in a day😅