Well, Before you run into the crypto market, it is advisable to assess your money situation and make an investment plan. However, if life necessities demand immediate availability of cash, short term trading can be again a greater form of investing than holding for long term. In this menaced scenario it is advisable to proceed with risk management including using not all the available funds for trading to avoid diversified basic needs. Also, it is necessary to have a mature budget that would have money for investment, but will not jeopardize daily finance. While the desire to become a long-term holder is present, the primary issue is to adapt it for everybody’s convenience and financial possibilities, so that no one will feel pleased with extra financial load or extra psychological pressure.
Well, regarding the plan you are absolutely right, before any person makes any financial move they should already have an idea of what they are going to do and how they can execute it, I personally am a person who calculates a lot, I have read some investment books and they all point to the same thing, they always say to look for the most outstanding asset that will give good results in the long term and that is where you have to put the money, do some research on it, well, the research has already been done because the asset is there, and its name is Bitcoin, what is left is to put money there and if the person wants to diversify, go to real estate, this type of investment is highly advisable