RE: Crypto trading tip - Tron (TRX) - Time to buy

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Crypto trading tip - Tron (TRX) - Time to buy

in bitcoin •  7 years ago 

Sorry I’m new too the crypto world. How long is med term 6 months? And what is whitepaper Plse? Sorry if these sound like silly questions only new

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7 years ago by

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      ·  7 years ago (edited)

    Dear divvy,
    Np, you do not have to be sorry at all. Always ask if you got questions. It is only stupid if you do not ask.
    It always depends but in this case I would say that mid term means like a few months to a year.
    Whitepaper is like a text eg. about a certain coin and it describes what this coin is for, how it should be used, what problems will be solved with this idea,... like an explanation of a coin. It is very important for the whole team of a coin to explain their idea(s),... to the public. And if people are convinced they probably will buy the coin and support it.
    I hope I did not forget anything too relevant - it is really early in the morning right now haha
    Yours truly,
    Gandalf The White!

    Edit: Btw. if you want to know more about this terms - just google it and maybe read some whitepapers and watch youtube videos...

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        ·  7 years ago 

      Cool thanking u 👍

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          ·  7 years ago 

        Thank you for your answer @gandalfthewhite
        I would just precise that here mid-term is few weeks, up to 2 months for the second sell order.

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            ·  7 years ago 

          You are welcome as well dude!
          Yeah, just as I said. It depends. In stock market those terms are presumably longer/different than in crypto because the whole market is much faster in the cryptoworld.

          A friend of mine said, that there is short term (a few days), mid (a few weeks) and long (about five years). He is way mor experienced than I am but he said that there is not "the one" correct definition. As I wrote - it depends.

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              ·  7 years ago (edited)

            You are welcome! (:

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