The goodness of long-term investing in cryptocurrency

[ethereumhunter]

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.

That's why before we start investing in a project, we should research and find more information about the project to find the right one. But that also doesn't guarantee we can invest in the right project, especially if the project can't last long in the market. Only projects like bitcoin can last a long time in the market and altcoin or other projects will come and go to fill the market according to the trends that will come next.

And if you know when to get out of investing in one project, you may be able to take big profits when the price of the coin or token increases so that you can move on to another, more promising project. But always use bitcoins as your main investment because the price of bitcoins will increase in the future.

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[RAppleby]

For long-term investment, you will not panic because of short-term price fluctuations. Although you may make less money than in the short term, the long term is safer than short term investing (provided you are investing in value coins, not meme coins). You can spend more time analyzing market conditions.

[taufik123]

-snip-
And another thing that can be done if you do long-term investment here is that if you have extra money, you can also do the DCA (Dollar Cost Averaging) style method, this is investing in crypto every week every two weeks depending on you because the purpose is only This means that your cryptocurrency investment should be consistent so that you can increase your holdings of crypto and at the same time you can avoid the volatility of the market. Many well-known investors do this.
-snip-

To do DCA requires sufficient capital strength, so financial management is needed. within the specified time, buy the crypto regularly that you want to invest. Whatever the price, I will continue to buy regularly. In general, it's like saving and investing in crypto. As long as finances are still safe, DCA will continue to be implemented until the main price target is achieved. Bitcoin is a recommended investment for the long term using the DCA strategy.

[Silberman]

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.

It is not easy but it is also irrelevant to try to identify the bottom of market, when you look at the charts it is very easy to think that if you bought at the bottom then not only you could maximize your profits, you will also be able to hold your coins and never face a day in which you will be losing money, but not only this is unrealistic it is also something impossible to do, so we need to create a strategy that allow us to profit from the markets without the need for such a precise prediction.

[Sayeds56]

-snip-
And another thing that can be done if you do long-term investment here is that if you have extra money, you can also do the DCA (Dollar Cost Averaging) style method, this is investing in crypto every week every two weeks depending on you because the purpose is only This means that your cryptocurrency investment should be consistent so that you can increase your holdings of crypto and at the same time you can avoid the volatility of the market. Many well-known investors do this.
-snip-

To do DCA requires sufficient capital strength, so financial management is needed. within the specified time, buy the crypto regularly that you want to invest. Whatever the price, I will continue to buy regularly. In general, it's like saving and investing in crypto. As long as finances are still safe, DCA will continue to be implemented until the main price target is achieved. Bitcoin is a recommended investment for the long term using the DCA strategy.

No doubt sufficient funds are needed to accumulate Bitcoins by using DCA strategy, but it is equally important to make buying only on major dips (I think 20% dip is good opportunity) because if we continue buying on every small dip, then obviously we will run out of funds quickly and miss out big buying opportunities. Hence, DCA strategy should be used wisely and with patience in bear market because we never know where the bottom is. 

[tvplus006]

For long-term investment, you will not panic because of short-term price fluctuations. Although you may make less money than in the short term, the long term is safer than short term investing (provided you are investing in value coins, not meme coins). You can spend more time analyzing market conditions.

You will not panic only if you do not follow the price changes in the cryptocurrency market. If you regularly monitor the change in the value of your deposit, then you will be just as upset that it is decreasing as other traders. Now you may be upset that you could have bought more bitcoins if you hadn't done it a few months earlier.

[Cling18]

For long-term investment, you will not panic because of short-term price fluctuations. Although you may make less money in the short term, the long term is safer than short-term investing (provided you are investing in value coins, not meme coins). You can spend more time analyzing market conditions.

You will not panic only if you do not follow the price changes in the cryptocurrency market. If you regularly monitor the change in the value of your deposit, then you will be just as upset that it is decreasing as other traders. Now you may be upset that you could have bought more bitcoins if you hadn't done it a few months earlier.

Panicking will only hinder you to be successful in trading. Cryptocurrency is too volatile and the prices aren't constant so the drop in prices might only make you feel doubtful if you'll keep on monitoring the market from time to time. If you enter trading, you have to make sure that you're also emotionally prepared and will have enough patience until you reach your target profit. It will take a lot of patience so you really have to trust the process.

[abel1337]

For long-term investment, you will not panic because of short-term price fluctuations. Although you may make less money than in the short term, the long term is safer than short term investing (provided you are investing in value coins, not meme coins). You can spend more time analyzing market conditions.

You will not panic only if you do not follow the price changes in the cryptocurrency market. If you regularly monitor the change in the value of your deposit, then you will be just as upset that it is decreasing as other traders. Now you may be upset that you could have bought more bitcoins if you hadn't done it a few months earlier.

If you have the habit of panicking or short patience, Investing and trading is not for you. I believe that regularly monitoring the price change isn't wrong if you are an investor or trader. It would depend on how you manage yourself on the outcome of your monitoring. A good investor always have a good plan on their mind before putting up money on their investment, Monitoring it is a good thing in my opinion knowing that you can track what is happening to your investment and if it is going according to your plans. Panicking on a small price changes are just a newbie reaction especially we are on crypto where most of the tokens are volatile. When dips happen, True investors accumulate more and position themselves in a state where they can possibly get a profit long term.

[Xal0lex]

If you have the habit of panicking or short patience, Investing and trading is not for you. I believe that regularly monitoring the price change isn't wrong if you are an investor or trader. It would depend on how you manage yourself on the outcome of your monitoring. A good investor always have a good plan on their mind before putting up money on their investment, Monitoring it is a good thing in my opinion knowing that you can track what is happening to your investment and if it is going according to your plans. Panicking on a small price changes are just a newbie reaction especially we are on crypto where most of the tokens are volatile. When dips happen, True investors accumulate more and position themselves in a state where they can possibly get a profit long term.

Good investors are not born, good investors become. If you lack patience, you should start to develop it with different practices, but this does not mean that now the way to investing and trading is closed for such a person. Many habits and skills are developed over time and I strongly doubt that a person who wants to get into trading or investing needs to have the right set of skills and habits at once. There are barely 10 people out of every 1,000 newbies who already have these skills. The rest will have to develop them. So I don't agree that if I'm not good at controlling my patience right now, then investing is definitely not for me.

[Bazzu]

long term or short term investment. I think it's the same, because there are also many people who invest in crypto for the long term but instead experience losses, for example long-term investments in ftx, and so on. and many people who lose for long-term investment because of investing in the crypto.
but indeed investment can not be separated from the name of risk. So I think for a long term investment. it has to be in bitcoin while for altcoins in my opinion, ethereum, bnb, and, xrp.

[Sayeds56]

long term or short term investment. I think it's the same, because there are also many people who invest in crypto for the long term but instead experience losses, for example long-term investments in ftx, Luna and so on. and many people who lose for long-term investment because of investing in the crypto.
but indeed investment can not be separated from the name of risk. So I think it's a long term investment. it still has to be in bitcoin while for altcoins in my opinion, ethereum, bnb, and, xrp.

It is true that long term investment is not successful in every project, that's why cherry picking is important, choose only good ones and reject bad ones. I strongly believe that investment is the art of rejection, not selection. We should filter out all bad projects to reach a good one before we decide to make investment, which requires intensive research work.

Like Ethereum which has been very successful project because of its strong use case, POLKADOT also has huge number of projects on its ecosystem which is its strong point, and it may outperform in the next bull run. I think we should also hold it for long term. DYOR

[taufik123]

-snip- but it is equally important to make buying only on major dips (I think 20% dip is good opportunity) because if we continue buying on every small dip, then obviously we will run out of funds quickly and miss out big buying opportunities. Hence, DCA strategy should be used wisely and with patience in bear market because we never know where the bottom is. 

Buying on large dips is also recommended, but that also requires analysis to determine how deep the price will fall. If DCA is combined with good analysis, it will result in the right buy on any dips. But if a beginner doesn't really understand analysis, buying continuously for a certain time is also not wrong.

The most important thing is the main target price to be achieved, hold and stick to the main goal, and it will be more profitable.

[Mr. Magkaisa]

-snip-
And another thing that can be done if you do long-term investment here is that if you have extra money, you can also do the DCA (Dollar Cost Averaging) style method, this is investing in crypto every week every two weeks depending on you because the purpose is only This means that your cryptocurrency investment should be consistent so that you can increase your holdings of crypto and at the same time you can avoid the volatility of the market. Many well-known investors do this.
-snip-

To do DCA requires sufficient capital strength, so financial management is needed. within the specified time, buy the crypto regularly that you want to invest. Whatever the price, I will continue to buy regularly. In general, it's like saving and investing in crypto. As long as finances are still safe, DCA will continue to be implemented until the main price target is achieved. Bitcoin is a recommended investment for the long term using the DCA strategy.

  -  You are right mate, the real beauty of DCA is that you have extra money that you don't need, just use it to buy bitcoin, as if there is no difference in saving money little by little, the only difference is that with Bitcoin the chances are high n that the value has increased and can also decrease.

It can also be used in another cryptocurrency that you are sure has the potential to provide good income in the future such as Ethereum, Bnb, and others like it.

[taufik123]

  -  You are right mate, the real beauty of DCA is that you have extra money that you don't need, just use it to buy bitcoin, as if there is no difference in saving money little by little, the only difference is that with Bitcoin the chances are high n that the value has increased and can also decrease.

It can also be used in another cryptocurrency that you are sure has the potential to provide good income in the future such as Ethereum, Bnb, and others like it.

But keep in mind, the risk of high volatility will still occur. Doing financial management and risk management is highly recommended. For those who are still beginners, it is only recommended to buy bitcoins and for long-term investments.
For some of the altcoins, you say like ETH and BNB are the top altcoins that have the potential to improve, but it doesn't rule out that these altcoins will also crash when bitcoin crashes and will be bullish when given the opportunity to recover when the altcoin season arrives.
do everything with the right strategy and take everything into account.

[Silberman]

-snip- but it is equally important to make buying only on major dips (I think 20% dip is good opportunity) because if we continue buying on every small dip, then obviously we will run out of funds quickly and miss out big buying opportunities. Hence, DCA strategy should be used wisely and with patience in bear market because we never know where the bottom is. 

Buying on large dips is also recommended, but that also requires analysis to determine how deep the price will fall. If DCA is combined with good analysis, it will result in the right buy on any dips. But if a beginner doesn't really understand analysis, buying continuously for a certain time is also not wrong.

The most important thing is the main target price to be achieved, hold and stick to the main goal, and it will be more profitable.

Probably the biggest problem newbies have with DCA is that it is a strategy that requires a long term commitment before you see any profits, and patience is not something that is cultivated  and promoted on the young people anymore, since everyone wants everything now and if they do not get it they get mad about it, however for the few which can execute the DCA strategy then the profits will be huge once the bull market comes, and the best part is that as you practice this strategy and the months pass then the easier it becomes, so if you can maintain this for years and we pair this with the natural growth of bitcoin over the years the results you will get will be far better than any profits you can get in other markets.

[CryptocurrencyJunction]

 
 When investing in cryptocurrency for the long term, it usually implies that even if you bought at the worst possible time and held for a very long time, you still made a profit each year. By simply holding long-term investments.

[bitcoinmoney2021]

 
 When investing in cryptocurrency for the long term, it usually implies that even if you bought at the worst possible time and held for a very long time, you still made a profit each year. By simply holding long-term investments.

it depends on what cryptoqurrency you invest, i believe if you hold bitcoin in long term it will not make you lose. but if you invest in the top altcoins at least you can get profit in a certain term, it is important you need to monitor too so you don't miss the opportunity to sell.

[Lien Uiryen]

The premise of long-term investing in altcoins is investing in valuable coins. If you invest in a coin with low value now, and after a period of time, your price does not rise, then your investment is equivalent to worthless, and it is better not to invest. Portfolios can be used for investment, so the risk is relatively small. I'm used to investing in Bitcoin for the long term because I know the value of Bitcoin will go up. I have relatively few long-term investment projects in altcoins.

[Blitzboy]

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.

It is not easy but it is also irrelevant to try to identify the bottom of market, when you look at the charts it is very easy to think that if you bought at the bottom then not only you could maximize your profits, you will also be able to hold your coins and never face a day in which you will be losing money, but not only this is unrealistic it is also something impossible to do, so we need to create a strategy that allow us to profit from the markets without the need for such a precise prediction.

It's true that it may be difficult to determine the exact market bottom, and that expecting to constantly purchase at the bottom and avoid losses is unreasonable. I do believe that we can still develop a plan that will enable us to benefit from the markets without placing an undue emphasis on timing the bottom.

For instance, we may develop a plan to purchase progressively over time rather than aiming to buy precisely at the bottom. Setting up a regular program to buy lesser quantities of coins on a weekly or monthly basis might accomplish this. In this method, we may benefit from price changes and market swings while still average out our purchase price. This method may also assist us in creating a portfolio of currencies that we feel secure owning for an extended period of time.

In the end, a smart investing strategy is building a diversified portfolio, doing independent research, and having the self-control to adhere to your course of action despite brief market changes. We can all make wise judgments and be successful investors with a well-thought-out plan and the correct mindset.

[tvplus006]

When investing in cryptocurrency for the long term, it usually implies that even if you bought at the worst possible time and held for a very long time, you still made a profit each year. By simply holding long-term investments.

If you're talking about cryptocurrency in general, then I can say for sure that it doesn't work that way. Most altcoins, even if you hold them for a long time, will not increase their value, but on the contrary may decrease even more in price. For this reason, you should invest in time-tested coins and, first of all, in bitcoin.