The goodness of long-term investing in cryptocurrency

[Paul Pogba]

When the market is dropping like now let's think positively, if we look at the price chart that has happened a few years ago then things like this are commonplace, in 2018 the price of ETH once reached more than $ 1000 then dropped to below $ 100 in end of 2018, and I sold all ETH when the price was around $280, now the price of ETH is also dropping and almost similar to a few years ago.

[Sikinkato]

The best token suitable for long-term investment is Bitcoin, and its development history of more than ten years has proved this point. Even in a bear market, Bitcoin is still in an upward trend from its appearance to now.
The market is completely unpredictable and highly volatile. Not all cryptocurrencies are very long-term investments, and decisions about long-term or short-term investments should be made based on research on the tokens.

[TravelMug]

The best token suitable for long-term investment is Bitcoin, and its development history of more than ten years has proved this point. Even in a bear market, Bitcoin is still in an upward trend from its appearance to now.

Yes, but to correct you, Bitcoin is not a token, it's the top crypto that's why as you have described it, the best investment. And even if we are in the bear market, you can still make money out of it. Although the best approach is to buy cheap thru DCA and hold for the next bull run.

The market is completely unpredictable and highly volatile. Not all cryptocurrencies are very long-term investments, and decisions about long-term or short-term investments should be made based on research on the tokens.

True, not all cryptos are created the same, some are best for long term, and then there are due to pump and dump scheme in this market, it could be used for short term only. And once you make money, then rinse and repeat, look for the next crypto to pump.

[blockman]

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

Newbies due to their lack of knowledge prefer short term trading over long term investing, and they have this preference because of the higher profits they can supposedly get by trading, but what they choose to ignore is that only a very small minority of traders get those profits while the rest get losses, and it is not until they begin to lose money they realize their mistake and then they try to switch to long term investing,

Yeah, they think of the market as a short term market only so they want to extract as much as they can with as soon as possible mindset. They think that the market is going nowhere so if there's a chance that they can make money from it, they want to take the advantage of having that mindset of being short term on it.

however after losing so much money when trading the markets it is difficult for them to hold their coins for long enough to get profits in this market.

It's because they're panicking and they're still at the beginning that they need to gain more experience so, they know what's happening in the market and it's going to recover soon.

[Natalim]

When the market is dropping like now let's think positively, if we look at the price chart that has happened a few years ago then things like this are commonplace, in 2018 the price of ETH once reached more than $ 1000 then dropped to below $ 100 in end of 2018, and I sold all ETH when the price was around $280, now the price of ETH is also dropping and almost similar to a few years ago.

Therefore, we have to be aware of the situation that one day, the market prices will drop, that one day the price of these known coins like BTC and ETH will turn down like before. Yet, we carry the confidence that one day these coins will also turn back high. That is why many people have the courage to hold long-term and that is because they trust crypto and believe that they won't be disappointed. In fact, as you mentioned last 2018, everything is down but looked, the market hits another ATH last year. This means that the market never stays low forever but surely there is recovery.

[Pujangga]

A good project usually takes at least 2 years to enter the top or top 50, if there is a new project that has not been a year but has entered the top 50 then we must be vigilant, maybe the developer has a sponsor who continues to pump so that the time will come for them to sell all their stock that is there so it will drop.

[wiss19]

I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

It is both good in practice, because you do nothing but just buy and nothing else, very easy, takes 5 minutes max and then for years you do NOTHING, and easy on stress, because it could crash and you don't have to care since you won't sell now, and easy on results because price always goes up at some point, even if it crashes along the way. You basically get the best out of everything.

[len01]

I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

because people, especially novice investors, have the assumption that crypto can bring quick profits by means of short-term investments.
even though indirectly it is very risky and more stressful when every time you have to see the price of the coin you are holding.
some people also don't realize that long term investment is actually more profitable and more comfortable especially if we hold the right coin like top 10 in coinmarketcap.

to be honest, after I experienced for myself how easy it is to invest long-term and greatly minimize the risk of selling too fast and high prices when the bullish season arrives.

[valeneu]

Long-term investment may make investors safer, but it is also vulnerable to huge losses, and risks still exist.
The market is highly volatile and any investment is risky. For long-term investors, Bitcoin is more suitable. Investing in it for the long term will increase your chances of making a profit when the market returns to a bull market.

[michellee]

Long-term investment may make investors safer, but it is also vulnerable to huge losses, and risks still exist.
The market is highly volatile and any investment is risky. For long-term investors, Bitcoin is more suitable. Investing in it for the long term will increase your chances of making a profit when the market returns to a bull market.

But if it's about investing in bitcoin, I am okay with holding on to it long-term because it will surely go up high in the future. But not many can handle it well because they are still provoked by negative news, making them not think about holding it for the long term. They could be triggered to immediately sell bitcoin, especially since several cases have exploded like the FTX case yesterday. This makes bitcoin temporarily lose its stability and will crash as we see now. But this is only temporary, and bitcoin will increase again when the time comes.

[Vlad1977]

Long-term investment: An investment held for more than 5 years. Although few people say that they are short-term investors, there are actually many such people! In the context of long-term investment, entrepreneurs may invest in strategies, research, or some projects that have high personal returns, but shareholders expect relatively low monetary returns.

[tvplus006]

Long-term investment: An investment held for more than 5 years. Although few people say that they are short-term investors, there are actually many such people! In the context of long-term investment, entrepreneurs may invest in strategies, research, or some projects that have high personal returns, but shareholders expect relatively low monetary returns.

Long-term investments should coincide with the cycles that are caused by bear and bull markets. Thus, it is necessary to make investments at the end of the bear market and the beginning of the bull market, and after reaching high, it is necessary to sell your coins and wait for the start of a new cycle.

[Marvell1]

I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

because people, especially novice investors, have the assumption that crypto can bring quick profits by means of short-term investments.
even though indirectly it is very risky and more stressful when every time you have to see the price of the coin you are holding.
some people also don't realize that long term investment is actually more profitable and more comfortable especially if we hold the right coin like top 10 in coinmarketcap.

to be honest, after I experienced for myself how easy it is to invest long-term and greatly minimize the risk of selling too fast and high prices when the bullish season arrives.

Long-term investing is much more comfortable than trading or speculating, but it depends on the asset you choose to hold. I don't think holding ten top coins will make you feel comfortable, I mean investing in altcoins shouldn't be considered long-term. If you were a victim of the Luna or FTX crash, you wouldn't consider altcoins a safe long-term investment. For this market, long term investment is only correct if your portfolio is bitcoin, the rest is not suitable for long term investment.

[Sayeds56]

The best token suitable for long-term investment is Bitcoin, and its development history of more than ten years has proved this point. Even in a bear market, Bitcoin is still in an upward trend from its appearance to now.

Yes, but to correct you, Bitcoin is not a token, it's the top crypto that's why as you have described it, the best investment. And even if we are in the bear market, you can still make money out of it. Although the best approach is to buy cheap thru DCA and hold for the next bull run.

The market is completely unpredictable and highly volatile. Not all cryptocurrencies are very long-term investments, and decisions about long-term or short-term investments should be made based on research on the tokens.

True, not all cryptos are created the same, some are best for long term, and then there are due to pump and dump scheme in this market, it could be used for short term only. And once you make money, then rinse and repeat, look for the next crypto to pump.

Yes! Bitcoin is not a token it is coin because it has its own block chain, and it operates on it, whereas tokens are also digital asset but don't have their own block chain and they are issued by using existing networks.

For long term holding, Bitcoin is the best digital asset and historical track record of its performance , has proved it again and again.

[Sang Prabu]

If we want a big profit, the easiest thing is to buy and hold at least 2 years, I'm sure after holding 2 years we have the opportunity to get a profit of at least 100% or 50% per year, and this cannot be obtained in other types of investments such as property, stock and stock So, the best thing is the long -term hold.

[len01]

I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

because people, especially novice investors, have the assumption that crypto can bring quick profits by means of short-term investments.
even though indirectly it is very risky and more stressful when every time you have to see the price of the coin you are holding.
some people also don't realize that long term investment is actually more profitable and more comfortable especially if we hold the right coin like top 10 in coinmarketcap.

to be honest, after I experienced for myself how easy it is to invest long-term and greatly minimize the risk of selling too fast and high prices when the bullish season arrives.

Long-term investing is much more comfortable than trading or speculating, but it depends on the asset you choose to hold. I don't think holding ten top coins will make you feel comfortable, I mean investing in altcoins shouldn't be considered long-term. If you were a victim of the Luna or FTX crash, you wouldn't consider altcoins a safe long-term investment. For this market, long term investment is only correct if your portfolio is bitcoin, the rest is not suitable for long term investment.

especially centralized altcoins. because centralized altcoins have a big risk when they are discarded by the project owner.
I'm not saying all altcoins are bad but that's the truth after some of the cases that you have mentioned.
but all of that goes back to the initial target of the investors themselves to choose investments in altcoins or bitcoins.
I'm sure all crypto has different risks, but we have choices to avoid bigger risks.



anyway I actually wanted to mention bitcoin but I'm just afraid if it's considered out of topic

[btc_angela]

A good project usually takes at least 2 years to enter the top or top 50, if there is a new project that has not been a year but has entered the top 50 then we must be vigilant, maybe the developer has a sponsor who continues to pump so that the time will come for them to sell all their stock that is there so it will drop.

I haven't seen it though, you have the data to back up this claim? I'm interested to see which project in the top 50 now took at least 2 years to get to that spot.

If we want a big profit, the easiest thing is to buy and hold at least 2 years, I'm sure after holding 2 years we have the opportunity to get a profit of at least 100% or 50% per year, and this cannot be obtained in other types of investments such as property, stock and stock So, the best thing is the long -term hold.

I guess if we want to have a big profit then we should be patience at all. We shouldn't think that this is a get rich quick scheme. It will take some time for us to have great money here. Maybe there are people who invested at a right time and then get that huge profit but it is not the case. Yeah a good two years of holding or at least invest in a bear market and then wait till the next bull run will be a good idea and strategy.

[Sayeds56]

Long-term investment: An investment held for more than 5 years. Although few people say that they are short-term investors, there are actually many such people! In the context of long-term investment, entrepreneurs may invest in strategies, research, or some projects that have high personal returns, but shareholders expect relatively low monetary returns.

Long-term investments should coincide with the cycles that are caused by bear and bull markets. Thus, it is necessary to make investments at the end of the bear market and the beginning of the bull market, and after reaching high, it is necessary to sell your coins and wait for the start of a new cycle.

I think it is not easy to identify the end of bear or bull cycle with 100% accuracy but what we have learnt from our experience that Bitcoin usually falls 80-85% from its all time high before it starts recovering, Hence we should start accumulation around that level and continue buying on every dip. This is what I think is right strategy based on historical trend of Bitcoin but it is not necessary that history always repeats itself.

[Heulahee]

For Long term investing, knowing about the coin's project and its backends, who is going to manage it? A strong team or any other person who did are new in cryptocurrency, through which there must be some new ideas light up in the traders' mind. As, I had always done long-term trading, which gives me profit but a little. And I'm happy though.

[Sayeds56]

For Long term investing, knowing about the coin's project and its backends, who is going to manage it? A strong team or any other person who did are new in cryptocurrency, through which there must be some new ideas light up in the traders' mind. As, I had always done long-term trading, which gives me profit but a little. And I'm happy though.

Invest in Bitcoin with long term vision and relax, no need to follow current trends or watch trading screen on daily basis to see how market is performing because most of market experts think putting your money in Bitcoin is the best investment because it has increased its worth over period of time because its supply is limited, and it will shrink with every halving. Next halving is likely to happen in 2024 when Bitcoin is likely to make new ATH, as per prediction of most of market analysts.