I have mixed feelings to say especially about the best indicator that I have adopted so far.
Sometimes you need to make some adjustments for one reason or another, but in essence the best indicator to adopt for investing in bitcoin is when it has lost as much value as it did in the last year. You need to consider the bearish market as one of the indicators, but technically, of course you can use several indicators for monthly TF.
For times like these I think the best advice is something like this; Prepare your budget, do an analysis, buy - withdraw your bitcoin to a non-custodial wallet - be a holder for the long term (at least until a new ATH appears).
Topic: Can you tell me the best indicator for long term investment? - page 3. (Read 435 times)
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
What I did is I looked at the market chart and check its previous performance. It took a while to analyze the chart but it was necessary if we wanted to invest in the right project. But as we are talking about long-term investment, even without using this, as long as we are investing in Bitcoin we can say that we can earn a profit surely. As long as we can manage to hold it after buying and then sell during the bull season, guaranteed profit is always there. Some people just lose in Bitcoin because of being impatient which is why we have to change it and become certain of our goal. So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
I don't have any specific indicators about long term investing, but I think you just need to have a good strategy when you want to invest in it. Bitcoin has lost over 50% of its value since his last ATH in 2021, so I guess you know what to do instead of asking about the best indicators.So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
We have had a bearish period in 2022, I think that is one of the best indicators why you need to accumulate. But another useful strategy that you can consider is; buy dip and hold and accumulate as much as you can.
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
When you're just speculating you don't need any indicators and besides if it's a long term plan just DCA and sell it on the price target you want. Moreover, there's no best indicator out there so I will just po that bubble of yours. If you want to succeed on long term investments just have patience and have that with you always that clearest set goals. So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Long term investment doesn't really need an indicator to be fair. You could just buy it right now and you will be making a profit from it whenever and however you want. You just need to learn to hold, and if you can learn to hold then you are going to end up making a profit eventually.
There are a lot of people who fail to do that, they end up not holding for a long time after buying, and that causes them to lose a lot of money but I personally can't be bothered with it at all. I just hope that the best thing to do right now should be keep holding it as much as possible, and because of that I believe that we need to end up with a better result in a short period of time as well but if we have to we should be holding as long as we need to.
There are a lot of people who fail to do that, they end up not holding for a long time after buying, and that causes them to lose a lot of money but I personally can't be bothered with it at all. I just hope that the best thing to do right now should be keep holding it as much as possible, and because of that I believe that we need to end up with a better result in a short period of time as well but if we have to we should be holding as long as we need to.
There is no need for any indicators in long-term investment, for example you invested in bitcoin ATH before $69K and the current price is $30K half ATH from the previous price, if you believe in the 4-year cycle then at $30K it is time to enter with your investment, while many speculators that the upcoming ATH is more than $100K.
Indicators are more precise on trading, but long-term investment is quite simple buy, then HODL.
Indicators are more precise on trading, but long-term investment is quite simple buy, then HODL.
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
You failed to mention what asset you want to hold for the long term in your comment, but since this is Bitcoin speculation board I will make my analysis based on Bitcoin and just like the first member that comments rightly said, the best indicator to buy bitcoin for long term holding is when the price is at discount level, and that is low price. So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
Let's say when Bitcoin was below 20k price that was a good time to buy and be able to hold for long term goals.
But this year bitcoin did not drop to 20k, which indicator is the best? In my opinion, as long as the bitcoin price is below the old ATH and below the target where you will sell your bitcoins then you can buy whenever you have the money. No one can predict bitcoin's lows during the bear season and the highest price during the bull season. So don't try to search and wait for the lowest price to buy, instead we can use DCA strategy during bear season.
During a bear market it's time to make more entries because that's the best price you can buy for long-term investment, so what indicators do you want as your plan?
How about you have tried the DCA method during the bear market? I think those are some of the best ways to set an average purchase price but that's been my experience while investing in bitcoin.
About based on cycles, come when prices fall - sell when bullish, maybe it will continue to be the same cycle but remember this way is still difficult especially if you are not in a mature plan.
How about you have tried the DCA method during the bear market? I think those are some of the best ways to set an average purchase price but that's been my experience while investing in bitcoin.
About based on cycles, come when prices fall - sell when bullish, maybe it will continue to be the same cycle but remember this way is still difficult especially if you are not in a mature plan.
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
There are many indicators and we have different points of view when deciding to invest long-term, personally I still believe in the historical price movements of Bitcoin from the past which makes my benchmarks and beliefs repeat to decide to invest long-term and also some time to be able to enter at the right time just like during a deep correction. So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
You failed to mention what asset you want to hold for the long term in your comment, but since this is Bitcoin speculation board I will make my analysis based on Bitcoin and just like the first member that comments rightly said, the best indicator to buy bitcoin for long term holding is when the price is at discount level, and that is low price. So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
Let's say when Bitcoin was below 20k price that was a good time to buy and be able to hold for long term goals.
Use the Monthly time frame and you’ll still see a bullish trend.
Honestly, indicators are for trading and your basis when to buy at a cheaper price, that means you can use any as long as you understand its concept, the goal is to buy at a cheaper level for your long term goals. Also, try to look at their fundamentals since we’re talking about long term here, having a solid target in the future can be a big project as well.
Honestly, indicators are for trading and your basis when to buy at a cheaper price, that means you can use any as long as you understand its concept, the goal is to buy at a cheaper level for your long term goals. Also, try to look at their fundamentals since we’re talking about long term here, having a solid target in the future can be a big project as well.
A massive bear market is an indicator that you should buy and hold bitcoin if you want to hold it for a long time.
Another is bitcoin halving. After bitcoin halving, the price will go up that halving year and the following year most likely.
Another is bitcoin halving. After bitcoin halving, the price will go up that halving year and the following year most likely.
As the title says, I hope some of you can share your experience about the best indicators for your long term investment.
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
So far I've only invested on a cyclical basis, but I'd love to get your experience into consideration for my future investment plans.
Fausto Arta
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