Long-term planning is essential in crypto space

[Sim_card]

As for the long-term investor, he does not care about all this news. He sets a specific goal in front of him in the future and is not affected by all this news or rumors, and he only sells when he achieves his goal.

Another big advantage of long-term investors is that they can stay . without fear because sometimes big market declines are too hard for many investors to bear. But those who invest with a long-term plan need not worry about market volatility. A short-term investor always has to be concerned. He always has to monitor the market news. Even after knowing all the news, he cannot give any certainty.

long-term investors will not panic if losses only reach 25% of assets, because long-term investors already understand all the cycles in crypto so that if there is a downturn they are prepared to load up even more

Exactly a long-term investor never needs to gain momentum in investing. The level at which the price falls does not change his position but he tries to use the dips to try to increase his portfolios. The crypto market is volatile in nature and any time the price rises and falls make an investor restless and there is no substitute for long-term planning to protect oneself from all this.

People misunderstand crypto investment and they think that it is different from the physical investment that we do offline. Investment should be a long term plan and that is why it is called investment. I could remember when there was no bitcoin, some people will be happy to buy shares and keep it for a very long time like 4-10 years and above and they are comfortable with it. So why can't such people see crypto as such that can be a long-term investment, but instead they think that it is a get rich quick scheme and they want to make huge profit over night which might lead them to running at loss because they will invest in a short period of time. The best was to limit the risk in bitcoin is to invest and hodli for long.

[LUCKMCFLY]

As for the long-term investor, he does not care about all this news. He sets a specific goal in front of him in the future and is not affected by all this news or rumors, and he only sells when he achieves his goal.

Another big advantage of long-term investors is that they can stay . without fear because sometimes big market declines are too hard for many investors to bear. But those who invest with a long-term plan need not worry about market volatility. A short-term investor always has to be concerned. He always has to monitor the market news. Even after knowing all the news, he cannot give any certainty.

long-term investors will not panic if losses only reach 25% of assets, because long-term investors already understand all the cycles in crypto so that if there is a downturn they are prepared to load up even more

Exactly a long-term investor never needs to gain momentum in investing. The level at which the price falls does not change his position but he tries to use the dips to try to increase his portfolios. The crypto market is volatile in nature and any time the price rises and falls make an investor restless and there is no substitute for long-term planning to protect oneself from all this.

People misunderstand crypto investment and they think that it is different from the physical investment that we do offline. Investment should be a long term plan and that is why it is called investment. I could remember when there was no bitcoin, some people will be happy to buy shares and keep it for a very long time like 4-10 years and above and they are comfortable with it. So why can't such people see crypto as such that can be a long-term investment, but instead they think that it is a get rich quick scheme and they want to make huge profit over night which might lead them to running at loss because they will invest in a short period of time. The best was to limit the risk in bitcoin is to invest and hodli for long.

You have said, we have an advantage over those Investors who are in the Markets like Forex , stock market and Everything that has to do with Stocks , because before Investing they have to do a great fundamental analysis so that they can Generate an Action that is safe for them, we no longer have to make that type of plans , we have the Ideal is Bitcoin , then given these Things what has to be Done is buy and Wait, or do the big and Famous hodl, then in this order of ideas we just have to Trust , Wait patiently for all these things , it is what can be done, the rest there is no Oher way.

[robelneo]

Of course, investors must have a long-term plan before investing.

You're an irresponsible investor if you do not have a plan for the short term and long term as an investor you must know what you are investing in and do you expect in your short-term and long-term plan.
Planning is very important because it involves money and you expect that money to grow but it will not grow if you do not have an update or do not how to track its profit, it's important to have an exit plan and a time stamp in your investment.
Investment is a serious endeavor you have to plan ahead and seriously.

[TomPluz]

Long-term planning makes sense only with cryptocurrencies that have already proven themselves, everything else is actually a pump & dump scheme from which many come out with nothing. Many people have a hard time understanding that if they once made money on a coin, it may never be possible again, because it actually had a one-time purpose.

So true most especially these days when we are seeing a barrage of so many memecoins all taking advantage of the interest of many people to get rich quick where projects have more chances to die fast than to be a successful one. Pump and dump coins and tokens are akin to gambling as we don't know for sure which of them will eventually get the imagination and support of the market and be stable. Talking on long-range planning, we must be into proven coins like Bitcoin, Ethereum, Solana and the likes and not those flash in the pan type of things. I have seen this same thing in the past and I am still seeing them now...and they are even sprouting like mushrooms these days so we have to be careful so as not to burn our money for nothing.

[taufik123]

-snip-
Talking on long-range planning, we must be into proven coins like Bitcoin, Ethereum, Solana and the likes and not those flash in the pan type of things. I have seen this same thing in the past and I am still seeing them now...and they are even sprouting like mushrooms these days so we have to be careful so as not to burn our money for nothing.

Bitcoin and Ethereum are undoubtedly at the top of the portfolio.
But some of the new coins that are emerging now could be other options or as additional investments.

There are many new coins that have emerged with amazing developments.
It has many users because it was developed quite a long time before doing mainnet.
But not all of them will be lucky, there are many new coins that will eventually just be abandoned and become useless garbage.

[Hamza2424]

In the cryptocurrency space, when we expect a certain bullish trend  in any particular coin, we may not get it exactly as expected, but rather different behavior may be observed. Many people take these behaviors differently. During the period we would like to see a bull run in Ether price due to ETFs approval but there is no change in the price in this currency. My main point of bringing this topic here is that there are many people who try to invest with a specific event in mind but they don't always succeed in that goal. The only message to those investors is that success in the crypto space requires patience. Even if it is not good for us at the time we are expecting, we can get more than that expectation in the future. Of course, investors must have a long-term plan before investing.

That's not only limited to the cryptocurrency bro, in your financial cycle in whatever market you are dealing you need long-term planning for the proper execution of a good lifestyle. You have dreams you need to work smart and hard on that smart plan, planning guides you in choosing a path and the path leads you to the destination haha I'm not a philosophy teacher still there are some frequent thoughts.

Moreover, in the crypto market, all you need is consistency and it comes with discipline and patience, you need to stay calm in every crisis movement, and follow the process if ends well all is well.

[bayu7adi]

However, doesn't every short-term trader have a more important focus, namely focusing on their current strategy? Basically, if we are too busy making plans for the next 10 years or 20 years, we will lose focus on the decisions we will make now and maybe in the next year... that's probably because we are too influenced by the roadmap we make for the next 10 years. and feel too dependent on perfect results.

Remember, that planning for the long term future is important, but it is more important to stay focused on closer decisions. And don't forget to always provide plan A, plan B and other layers of plans to overcome every failure, at least you won't lose direction and purpose.

[pieppiep]

In the cryptocurrency space, when we expect a certain bullish trend  in any particular coin, we may not get it exactly as expected, but rather different behavior may be observed. Many people take these behaviors differently. During the period we would like to see a bull run in Ether price due to ETFs approval but there is no change in the price in this currency. My main point of bringing this topic here is that there are many people who try to invest with a specific event in mind but they don't always succeed in that goal. The only message to those investors is that success in the crypto space requires patience. Even if it is not good for us at the time we are expecting, we can get more than that expectation in the future. Of course, investors must have a long-term plan before investing.

That's not only limited to the cryptocurrency bro, in your financial cycle in whatever market you are dealing you need long-term planning for the proper execution of a good lifestyle. You have dreams you need to work smart and hard on that smart plan, planning guides you in choosing a path and the path leads you to the destination haha I'm not a philosophy teacher still there are some frequent thoughts.

Moreover, in the crypto market, all you need is consistency and it comes with discipline and patience, you need to stay calm in every crisis movement, and follow the process if ends well all is well.

Of course, we must still consider the trust we must maintain because we are placing the money we use to carry out buying and selling transactions in the market. We must remain careful and never be influenced by market conditions, which may have price movements only because of manipulation by whales. Patience, research, and confidence are important values that must be possessed by those who trade in cryptocurrency. If we can't do all that, then we can put our hope in Bitcoin. So far, Bitcoin still provides a guarantee that it will become very expensive someday because the amount of Bitcoin available is increasingly limited.

[ajiz138]

However, doesn't every short-term trader have a more important focus, namely focusing on their current strategy? Basically, if we are too busy making plans for the next 10 years or 20 years, we will lose focus on the decisions we will make now and maybe in the next year... that's probably because we are too influenced by the roadmap we make for the next 10 years. and feel too dependent on perfect results.

Remember, that planning for the long term future is important, but it is more important to stay focused on closer decisions. And don't forget to always provide plan A, plan B and other layers of plans to overcome every failure, at least you won't lose direction and purpose.

Planning something for the long term doesn't mean we don't prepare plans for the short term or the closest decisions we will experience. That's why we have to have long-term plans and short-term plans.

You are right, we have to prepare several plans, so that when we are faced with something unexpected we can move quickly to carry out a different plan. This is something important to do, therefore planning is something we should not miss.

[Jamal Aezaz]

Bitcoin and Ethereum are undoubtedly at the top of the portfolio.
But some of the new coins that are emerging now could be other options or as additional investments.

There are many new coins that have emerged with amazing developments.
It has many users because it was developed quite a long time before doing mainnet.
But not all of them will be lucky, there are many new coins that will eventually just be abandoned and become useless garbage.

Bitcoin and Ethereum are the greatest source of investment and people prefer these two coins more than any other coin but as new coins are emerging so they are also useful and beneficial for investment as their growth is efficient and fast.

New coins require some sort of research so if someone directly invests in any of the new coins and does not read about the details of that coin then they are putting themselves in unsafe investment conditions. New coins are profitable but not all of them so learn how to differentiate good coins from bad ones so it is possible that a day will come when you will be a wealthy individual.

[Cryptsafe]

Bitcoin and Ethereum are undoubtedly at the top of the portfolio.
But some of the new coins that are emerging now could be other options or as additional investments.

There are many new coins that have emerged with amazing developments.
It has many users because it was developed quite a long time before doing mainnet.
But not all of them will be lucky, there are many new coins that will eventually just be abandoned and become useless garbage.

Bitcoin and Ethereum are the greatest source of investment and people prefer these two coins more than any other coin but as new coins are emerging so they are also useful and beneficial for investment as their growth is efficient and fast.

New coins require some sort of research so if someone directly invests in any of the new coins and does not read about the details of that coin then they are putting themselves in unsafe investment conditions. New coins are profitable but not all of them so learn how to differentiate good coins from bad ones so it is possible that a day will come when you will be a wealthy individual.

Obviously not everyone that takes their time to go through a project or do a thorough research to gain insight about what they are about putting their money into. Some people invest because of the hype, some invest because their friends do and some invest because they just want to invest somewhere so that their money would be somewhere working for them.

Looking at the old coins, one can say confidentially that ethereum and Bitcoin have been in the leading list and are amongst the first generational Crypto currency to have existed. With this, it is with ease to buy and hold (aka invest in them) as the case may be. This is so because they have been tested and proven to be result oriented. While these new generational coin are someworth investing in but would need a careful and thorough research before engaging with.

[0t3p0t]

Consistency, patience, dedication and knowledge plays an important role when we are talking about long term investment planning in crypto space. Regardless of what coins we are into as long as it has the quality, narrative, community and potential it is good, if we do not have those things I don't think we will succeed with our plans. Choosing the best coin to invest will also matter because we don't want to be rugged or manipulated in the long run.

[$crypto$]

Consistency, patience, dedication and knowledge plays an important role when we are talking about long term investment planning in crypto space. Regardless of what coins we are into as long as it has the quality, narrative, community and potential it is good, if we do not have those things I don't think we will succeed with our plans. Choosing the best coin to invest will also matter because we don't want to be rugged or manipulated in the long run.

The points you said are the points that we must have when we are in the crypto space, they are very important because they will really determine our results in investing.

Here we need seriousness, if you are just playing around then you shouldn't be here. Maybe the first time we were here we also tried, but as time goes by we get serious about learning what we need when we are in this crypto space.

[Z-tight]

There are many new coins that have emerged with amazing developments.
It has many users because it was developed quite a long time before doing mainnet.
But not all of them will be lucky, there are many new coins that will eventually just be abandoned and become useless garbage.

I cannot really speak so well of new coins and projects, and if there are successful ones, they are very few compared to the huge numbers of scam and useless coins or tokens. I don't recommend new coins to newbies, it is one of the fastest ways for them to leave the network, because once they lose money to new coins, they believe every crypto is a scam.

[Crwth]

It is not just the cryptocurrency space that is like that, it's also with life. It's important to plan your long-term strategy what you will be doing in the future and what are you currently doing about it as well. It's mostly like that makes you successful in a thing.

If you apply that same principle in another space, like cryptocurrency space, it can benefit you in some ways. I think you are better off gambling if you just base on events or something. It should have fundamentals IMO. Except meme coins. That's hard.