Long-term planning is essential in crypto space

[Captain Corporate]

Those people who try to do short term trading, token investment, meme investors, leverage trading without knowing much, and many other high risk people do not understand is that what they are doing is purely gambling. Doesn't mean that we are going to end up with a good result or a bad result, it just means that we are going to get a big risk, and if we ned up with a risk that is not needed, then when you lose you would be quite sad about it and regret later on. Whereas, long term bitcoin investment means that you are not going to wake up rich tomorrow, but at least you will not lose all your money neither.

[Smcchamp]

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.

You've spoken well. But in the crypto space. It's good to be flexible and know when to take profits.. just my opinion.

[Rubel007]

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.

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.

Success is assured in every field if one sticks to it with patience. But we don't always have that ideal. Due to which we do not get success in our investment or any other work. Investing in the cryptocurrency space, especially Bitcoin, requires long-term planning. Bitcoin's halving works to increase its value every four years. Anyone who invests in Bitcoin for the long term will not suffer. While they may suffer temporarily, but will each benefit in the long run.

[NotATether]

Success is assured in every field if one sticks to it with patience. But we don't always have that ideal. Due to which we do not get success in our investment or any other work. Investing in the cryptocurrency space, especially Bitcoin, requires long-term planning. Bitcoin's halving works to increase its value every four years. Anyone who invests in Bitcoin for the long term will not suffer. While they may suffer temporarily, but will each benefit in the long run.

More important than patience in crypto trading is the understanding of the coin's fundamentals. Because if you don't, and you invest in whatever coin you want without understanding it, then you will be more vulnerable when there is bad news because you will not know whether it will be able to recover from its crash or not.

[MUGNIA]

Success is assured in every field if one sticks to it with patience. But we don't always have that ideal. Due to which we do not get success in our investment or any other work. Investing in the cryptocurrency space, especially Bitcoin, requires long-term planning. Bitcoin's halving works to increase its value every four years. Anyone who invests in Bitcoin for the long term will not suffer. While they may suffer temporarily, but will each benefit in the long run.

More important than patience in crypto trading is the understanding of the coin's fundamentals. Because if you don't, and you invest in whatever coin you want without understanding it, then you will be more vulnerable when there is bad news because you will not know whether it will be able to recover from its crash or not.

I think this will happen to altcoins / memecoins, for BTC it needs a periodic decline if it will indeed experience a decline even if you say it will reach ZERO

[Mr. Magkaisa]

Those people who try to do short term trading, token investment, meme investors, leverage trading without knowing much, and many other high risk people do not understand is that what they are doing is purely gambling. Doesn't mean that we are going to end up with a good result or a bad result, it just means that we are going to get a big risk, and if we ned up with a risk that is not needed, then when you lose you would be quite sad about it and regret later on. Whereas, long term bitcoin investment means that you are not going to wake up rich tomorrow, but at least you will not lose all your money neither.

    -    Any type of investment we make cannot be without a plan, because for sure the investment we make in altcoins, meme coins or futures trading, will end up or lead to nothing. There really needs to be a Target plan for when and how much profit we expect as investors and traders.

It seems like there is no difference in building a house, there must be a plan or layout to be able to build it according to the design we want. The same is true in this field of crypto space that we live in.

[Jamal Aezaz]

More important than patience in crypto trading is the understanding of the coin's fundamentals. Because if you don't, and you invest in whatever coin you want without understanding it, then you will be more vulnerable when there is bad news because you will not know whether it will be able to recover from its crash or not.

Knowledge and patience both are required for getting profit and if one of these is missing then one cannot get a profit for which he is using his money and time. We cannot say that if a person has knowledge but cannot tolerate the unfavorable circumstances then he will be successful because due to this impatience he will decide to sell due to fear of losing more money.

It is better to search and find out the basic features of the coins and avoid its fundamentals so one can easily choose which coins are suitable for investment so in this way he will avoid choosing random coins in which most random coins lose their value which will put us in great troubles.

[happytime]

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.

Again, with an asset like bitcoin, considering it for its long-term potentials has proven to be the best approach and strategy for more and higher profitability, rather than investing short-term because just like you've said, the market can be very volatile and fluctuations are certain, and these fluctuations can clowd one's judgement and result to taking irrational decisions, so to avoid market sentiments, it's better to consider the asset's long-term goals as it will ride out the short-term outcomes and its effects.

  pressure, that is what it's called, not being able the wait to see the outcome of your decision,
And you've said it all, the best way to invest is having a long term mindset, looking aside from your investments until the harvest time, or should i say the set time.

[Dr.Bitcoin_Strange]

pressure, that is what it's called, not being able the wait to see the outcome of your decision,
And you've said it all, the best way to invest is having a long term mindset, looking aside from your investments until the harvest time, or should i say the set time.

Speaking about the set time, sometimes there may actually not be a set time, because as an investor investing in a long-term asset like Bitcoin, there may come in a time when the investor's plans and  vision begins to gradually chance, what do I mean by this.
Usually, everyone going into the crypto or Bitcoin market are doing so for the profit, whether long-term or short-term investors, the short-term traders needs quicker profits so they engage in day to day trading, which of course usually leads to unprecedented losses, while the long-term HODLers plan to HODL for the longer ternlm and then set a target of how long they plan to HODL and take their profits, but ive come to understand that sometimes as a long-term HODLer, your plans and perspective may actually change in the long run as you switch from HODLing for the profit but for storage purpose and wealth preservation.

[Geey]

Long term investment is better than short term, because if people invest long term they have to pay attention to market movements and even have to know the latest news about the market, in this case the short term is always worried about market movements and they have to continuously monitor market movements.
I think long-term investment is very good, so we don't worry about current news and maybe the level of loss is not as high as in the long term. but when entering the world of business, you must be prepared to accept losses and must be ready to accept what happens in the future.

[Kemarit]

Long term investment is better than short term, because if people invest long term they have to pay attention to market movements and even have to know the latest news about the market, in this case the short term is always worried about market movements and they have to continuously monitor market movements.
I think long-term investment is very good, so we don't worry about current news and maybe the level of loss is not as high as in the long term. but when entering the world of business, you must be prepared to accept losses and must be ready to accept what happens in the future.

The thing with long term is that if you have the mentality to stay that long in the market? Because there could investors specially new one in the space that might think this is a get rich quick scheme and invest in just a couple of months and then waiting to be millionaire.

But for us who has the experience here, we look at the bigger picture and so we go for long term. It is really difficult in the beginning, but if you have the perseverance then you will survived in the market and be a long term investor.

[Roseline492]

pressure, that is what it's called, not being able the wait to see the outcome of your decision,
And you've said it all, the best way to invest is having a long term mindset, looking aside from your investments until the harvest time, or should i say the set time.

Inpatient should be the right word for it because when we talk about pressure it sounds as if someone is being troubled to sell there Bitcoin investment, so actually before someone especially a starter who is still very new on Bitcoin investment should have a good mindset of holding before starting investing because there are so may challenges that could possibly hamper someone mindset along the line such as price movement of Bitcoin because not all the beginners will be able to withstand emotions of seeing there investment going serious down if the price of Bitcoin is dropping.

[pieppiep]

Long term investment is better than short term, because if people invest long term they have to pay attention to market movements and even have to know the latest news about the market, in this case the short term is always worried about market movements and they have to continuously monitor market movements.
I think long-term investment is very good, so we don't worry about current news and maybe the level of loss is not as high as in the long term. but when entering the world of business, you must be prepared to accept losses and must be ready to accept what happens in the future.

Long-term investment is not as easy as we imagine. We must pay attention to the coin that we want to hold for the long term so that we do not make the wrong decision to put the money we have for a coin that has no potential. So far, Bitcoin is a coin that is still very consistent in always providing profit and is suitable as an option for making long-term investments. The risk of loss does exist and it will only happen to people who do not have high patience so that they are not easily influenced by various bad news that often circulates.

[ajiz138]

Long term investment is better than short term, because if people invest long term they have to pay attention to market movements and even have to know the latest news about the market, in this case the short term is always worried about market movements and they have to continuously monitor market movements.
I think long-term investment is very good, so we don't worry about current news and maybe the level of loss is not as high as in the long term. but when entering the world of business, you must be prepared to accept losses and must be ready to accept what happens in the future.

Long-term investment is not as easy as we imagine. We must pay attention to the coin that we want to hold for the long term so that we do not make the wrong decision to put the money we have for a coin that has no potential. So far, Bitcoin is a coin that is still very consistent in always providing profit and is suitable as an option for making long-term investments. The risk of loss does exist and it will only happen to people who do not have high patience so that they are not easily influenced by various bad news that often circulates.

In addition, when we invest long term we must ensure that the money we use is indeed money that is no longer for us to use in the near future. Because if that happens, then it will be a problem in the future.

One more thing, we must also have savings for us to use in urgent situations, don't let us sacrifice our investment when in urgent times. That's why I also save besides investing, because it avoids the things I said above.

[Hatchy]

Yes, people often invest in crypto with specific events like an ETF approval, expecting a big price jump. But markets do not always react how we think they will and it can be frustrating. Even though Ether's price might not move when you expect, it does not mean it won’t in the future.

For investors, the key is patience. Crypto is very unpredictable and success often comes with holding on for the long term. Timing the market is tough, so instead of focusing on immediate gains, it will be smart to have a long-term plan and stay committed. What does not work out now, can actually turn out to be a much bigger opportunity later.