If you’re not sure if your needs fit the objectives of short or long-term investing, you may opt for somewhere in between. Medium-term investing is another option you can explore.
Those who invest for the medium term can decide exactly how long they want to invest, although the typical time horizon is usually between 2 and 10 years.
Cryptocurrency can be considered a medium-term investment, as you have the option to withdraw your returns at any time. While some people invest for longer periods, others withdraw their returns as soon as they see its value increase.
However, do take note that cryptocurrencies are highly volatile, which is why experts suggest investing only what you can afford to lose. So, proceed with caution if you want to dive into crypto!
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