A long term investment is to meet the long term need of life

[Juskopo]

Even after the person dies, it appears there are needs hence insurance has become important. In such a scenario people do make investments for bright and secured future of themselves and their family. And this is necessary.

When such an investment is made in bitcoins, there is a chance that bitcoins may in fact prove worthy of their expectations and soar to a value that the investor initially desired. At this juncture, the investor can sell the bitcoins and choose to fulfill his desire. But most times he is tempted not to sell looking at the growth of bitcoin.

[Newbie_trader]

Even after the person dies, it appears there are needs hence insurance has become important. In such a scenario people do make investments for bright and secured future of themselves and their family. And this is necessary.

When such an investment is made in bitcoins, there is a chance that bitcoins may in fact prove worthy of their expectations and soar to a value that the investor initially desired. At this juncture, the investor can sell the bitcoins and choose to fulfill his desire. But most times he is tempted not to sell looking at the growth of bitcoin.

- Sometimes, ourselves become our enemy too. I lost some of my funds when I decided not to close my position because the growth of Bitcoin was very tempting.

[AbdulShiek]

- Sometimes, ourselves become our enemy too. I lost some of my funds when I decided not to close my position because the growth of Bitcoin was very tempting.

Yeah, that's true. I also encountered that, and really regrets my action because I almost lose my deposits.

[Mr. Cid]

Hold your position for a month if you aim to make large profits. Long-term investment is more profitable, however, it always bothers you. Trust yourself and be decisive in whatever decision you make. That's what a good trader must do.

[Sendo12]

Long-term investment is usually done by bigger investors. They put a big amount and hold the position for a long period of time to gain more profit.

[Mr. Cid]

Long-term investment is usually done by bigger investors. They put a big amount and hold the position for a long period of time to gain more profit.

Long-term investment is only for wealthy people as they have enough funds to maintain their accounts.

[Aya]

Long-term investment is only for wealthy people as they have enough funds to maintain their accounts.

That's true. Small investors usually just do it for a short period of time or for extra income.

[kachinna]

Trading currencies should rather be long term investments. That is one way to have long term earnings. Making it short term investment would cause risk exposures that would ruin your trading.