Assalamu Alaikum
Long term entry |
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Many times, by doing fundamental analysis of a coin, we can know that this coin may be in good demand in the future, because many times it is seen that some projects whose use cases are increasing day by day, so looking at these things, we often hold some coins for a long time, so is this basically called long term entry, so this advantage is that in the last few days, there has been a lot of hype in ALT coins in the Crypto market, especially some old ALT coins have seen a huge pump, among them, XRP, DOGE, TRX, SOL etc. Especially these coins have been held for the long term, and they have basically made huge profits, but if we look at the disadvantages, we can see that holding these coins was not that easy because the market has brought down many times to get to this point, even your portfolio If you have suffered a loss, then after being patient for so long, you are in a good profit,
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Short term entry |
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Basically, if a coin is in profit for a very short time by entering it, it is called a short term entry, you can book a profit by buying a coin for this short time,
But the problem here is that many times after buying a coin, after making a slight profit, after selling it, it slowly goes up and even pumps it several times. It is very regrettable because if we could have waited for the coin at that time, we could have made a huge amount of profit and this is a very good aspect for long term entry, because those who are holding coins for a long time have made a huge amount of profit, now I think that if you take a long term entry, you can only see the profit but cannot enjoy it and if you want to book, then you should sell that coin whenever you are in profit, if you see that the price of the coin is going up, if necessary, other Buy coins. There are thousands of coins in the market. Do fundamental analysis of those coins and then buy them. There is nothing to regret.
Image collect Pixabay
So I hope you understand the matter. So I am ending here today. May everyone be well. May Allah protect us.
https://x.com/RakibInsid68546/status/1867847055215050994?s=19
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https://x.com/RakibInsid68546/status/1867847376192647331?t=kIvxVikvWXaRhreZW6kgDg&s=19
https://coinmarketcap.com/community/post/347428343
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Short Term Entry VS Long Term Entry Advantages and Disadvantages! Is a great post.
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