**Investing in cryptocurrencies or trading them?**
The first thing you need to know is the difference between **investing in cryptocurrencies** and **trading them**. When you trade cryptocurrencies, you buy them and hold them for a certain period, and then you sell them at a higher price to make a profit.
- **If you are a day trader**, you will hold the currency **for a few hours only** and then sell it.
- **If you are a swing trader**, you will hold it **from days to weeks**.
- **If you are thinking on a slightly longer term**, you might hold it **for months**.
However, an **investor** thinks long term, holding the currency for at least **two years**, and sometimes their investment is **10 years or even 20 years**! The main difference is that the investor looks for **long-term gains**, while the trader aims for **quick profits**.
So, **is cryptocurrency suitable for long-term investment?**
The answer depends on the type of cryptocurrency asset you plan to invest in, but since you now know the difference between investing and trading, let’s learn more!