long term vs/ short term investment which one is better for you ?

Long term vs short term:

Long-term plans are always a better choice for sure. Those who are an investor here do know how it works. You can pick up any millionaire or a millionaire, no one has become rich/ wealthy in a day. It takes years of investment and strategy to get wealthy. That is nothing like winning a lottery, if someone does own a lottery the chances are they will end up bad in a few years some do end up in months. That totally depends on how you choose to spend your money.

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If you don't have a proper plan for investing your money then sure you will end up soon with no more money. If you spend more than you are earning then sure you will end up soon. I am not saying you have to save all the money for the future and invest all of it. A fixed percentage of money is ok to invest in and try to increase the investment yearly. The chances are you will get a salary like once a year some did get a hike twice a year. So increasing the investment amount twice a year is much better, what do you think? Last year I read a book named as The richest man in Babylon. The book seems to be interesting and you will learn a lot of things from that as I did. I did learn the 10% rule, save at least 10% of your earning doesn't matter how much you earn. That will make a habit of investment in you. You don't just have to save your money you have to utilize the money and start investing in some as that is worth investing in, that is the tricky part for sure and you can say most important too.

If you are going on a regular walk daily for a week, maybe that will not show you any results but going on a walk for one year sure going to make a difference and you will notice things are changing around you. Slowly you will notice that you can walk and run for a longer duration as compared to day one. Your physical appearance will change. Sure gonna take some time but sure in the end you will notice it is worth it.

One of my friends used to trade in the share market a lot he used to earn a good income. But what is do earn was like a short term earning what is earn he did spend most of that (mostly). He seems to be happy about that, but now he doesn't trade that much most of the time now he buys and holds for a long time. Not all do have the level of patience to wait for a long time. Speaking of the long term there is a new project on hive I think you should invest in that too. If can hold for 2 years then sure this is going to be a good investment for sure. If you have no idea about the new tokens the sure you should check out this post SPinvest newest token release coming soon - XV. The token is going to release in 48 hours which will be on 1 st of march. If can hold a token for the long term then sure you should invest in this (not financial advice though).

you can see the roadmap of the project that will give you a clear idea of how that is going to work. They did explain it pretty well in the below image. Do you know who is behind the project let me tell you it's @spinvest.

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For those who dont love daily profits but long-term profits are much better and with the power of compounding the money grows more if you give the investment time to grow. what do you think?
Long-term is always better than short-term earnings. I think the funda is simple if you want to earn more you have to invest more and for the long term too.