The importance of understanding the difference between short term and long term Bitcoin in crypto trading cannot be understated. Short Term Bitcoin is used for trading alts to gain more Bitcoin in the short term. Long Term Bitcoin is held at the lowest entry possible during a bull run in order to realize fiat gains at the top of the next market cycle during new all time highs. Short Term Bitcoin gains can become long term Bitcoin if you decide to hold onto it after you have completed trading alts with it. Long Term Bitcoin can become Short Term Bitcoin if you utilize it for trading alts in the short term. What decides the amount of Bitcoin you hold vs. use to trade is YOU and YOUR PLANS!!
This is part of the Bubble Lounge Room that was recorded on June 27th, 2019 where Scott talks about Short Term vs. Long Term BTC while discussing important factors surrounding this concept: