Why do you need to understand the difference between short-term and long-term?
Short-term trade: relies on quick movements (hours or days). Requires monitoring and technical analysis.
Long-term investment: relies on the strength of the project and the market (months or years). Requires patience and fundamental research.
Mixing them up causes problems:
• You enter an investment and treat it as a trade → you end up with a loss during a downturn.
• You enter a trade and leave it as an investment → you get stuck in a weak currency.
Determine your intention before buying: Am I in for the short or long term?
Clarity of the time frame protects you from random decisions.