Hey, friends, how are you, I hope you are all healthy and always successful, and on today's occasion I want to write about long-term or short-term investing. Crypto has taught me a lot, and if we look at how Crypto works and real life situations, You will see that the two are related. You will understand that Crypto is not much different from what happens in real life because it comes with several types of techniques and understanding. there are always bad and good times in life and we also experience this in crypto, We have bear seasons and bull seasons, and this is just life but there is an approach that I want to talk about, which is the investment approach, There are investors who invest only for long-term profits short and investors who invest for long-term profits, and the way these two investors take profits will be different.
Just like those who invest in Crypto for short-term profits. We have people who don't give much in life, and we call them moment people. They don't invest for the long term, they invest in life for the short term only. They are always in the moment, that is, when they do something that feels comfortable.
They don't try to force themselves into things that will develop them in the long term, perhaps by doing some kind of self-improvement. They don't do any of that, and a perfect example is someone who lives on a salary rather than saving and uses their savings to invest or start a business, or take a self-development course that might help them in the future. they won't do that. They would prefer to spend their salary just like that. Even when they raise their salaries, they have no savings.
On the other hand, there are people who put a lot into their lives because they invest every day in self-development and a business that they can call their own. This is not because they have a blueprint for the future or how it will happen, but they are constantly trying to improve themselves by not living in the moment and thinking about the future.
Investing for the long term requires making difficult decisions and sacrificing present pleasures for future gains. This involves planning for the future without getting too caught up in the present moment, which can be a challenge. However, if you can make the right decisions and invest for the long term, it almost always pays off in the end.
When we look at the success rate of those who invest in Crypto for short-term profits, it is not as high as those who invest in crypto in the long term, simply because short-term trading will only give you what you can spend in a short time. but investing in the long term can make you a lot of money, just like investing in yourself when you're trying to develop yourself or investing in relationships, investing in your health. These are all long-term plans, which will eventually add up. Don't get me wrong, you will also make a profit if you live in the moment, but it's nothing compared to those who invest for the long term. Investing in yourself and finding good projects to finance in the long term can be the key to success. While it may seem counterintuitive at first, investing in the long term can be rewarding. Building healthy relationships with a long-term mindset can also add to and contribute to success.