Are you going longterm or shortterm?

Hey guys!

Hope I'm doing this right, please vote on the poll

The question is:
Are you going longterm with your coins? Holding them for months, years maybe?
Or are you going shortterm and do you keep selling/buying coins when you made a profit?

Would be interesting to see the results

Cheers!

 

Lonnnnggggg. I picked up a few 100 LTC before they really shot up in price, figure Ill hold em for a while. Also have a few grand in some of the other Altcoins (FTC/PPC/NMC). I check up on the news and prices daily, and I dump in more money after some of the crashes, but besides that I just sit tight and watch it grow.

 

Longterm myself.
Didn't invest much, so if the LTC I bought crash hard, it wouldn't matter at all.

 

BTC/LTC at long,PPC and MNC at short

 

Long term in BTC atm, planning to hold for a year or so. Might do some short term investing in some alts.

 

Have my long term investments split between wall street, silver, and bitcoin. =]

 

Although majority of my holdings in crypto are longterm, there have been certain times in recent months that I've shorted a quite a few of them, only to buy them back for a lower price to recoup my BTC/LTC balance.

 

Bit of both for me.

HOWEVER, words to the wise, do not try to short-term trade (day trade) Bitcoin! This has been my #1 profit killer. If you don't know what you're doing (and I mean years of experience on volatile markets), don't bother! Just buy and hold, or if you are truly bearish on Bitcoin, wait for a big crash to come to buy in (or don't buy at all).

 

They definitely have a lot of potential, it's dependant if you're willing to buy into the risk!

 

I'm thinking about going long term. I'm mining Litecoins and now more recently using a multi-coin pool that auto trades into Bitcoins. I'm not all that serious with it and if I make back the $170ish I spent on an AMD card I'd be more than happy. More of a hobby at this point.

 

What price wold you consider a "big crash" like 200$ ea?

 

Little bit of both. But it's getting to the point where LONG >>>> SHORT. If you're not holding crypto waiting for the 500-1000% pumps and selling into those, then you're not doing it right.

 

Long term all the way bro. I will still hold my btc for some time. I hope magic will happen