The goodness of long-term investing in cryptocurrency - page 3.

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Quote from: Vlad1977 on December 09, 2022, 04:15:54 AM

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.

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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.

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Quote from: valeneu on December 09, 2022, 03:35:48 AM

Long-term investment may make investors safer, but it is also vulnerable to huge losses, and risks still exist.
The market is highly volatile and any investment is risky. For long-term investors, Bitcoin is more suitable. Investing in it for the long term will increase your chances of making a profit when the market returns to a bull market.

But if it's about investing in bitcoin, I am okay with holding on to it long-term because it will surely go up high in the future. But not many can handle it well because they are still provoked by negative news, making them not think about holding it for the long term. They could be triggered to immediately sell bitcoin, especially since several cases have exploded like the FTX case yesterday. This makes bitcoin temporarily lose its stability and will crash as we see now. But this is only temporary, and bitcoin will increase again when the time comes.

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Long-term investment may make investors safer, but it is also vulnerable to huge losses, and risks still exist.
The market is highly volatile and any investment is risky. For long-term investors, Bitcoin is more suitable. Investing in it for the long term will increase your chances of making a profit when the market returns to a bull market.

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Quote from: wiss19 on December 08, 2022, 04:38:22 PM

I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

because people, especially novice investors, have the assumption that crypto can bring quick profits by means of short-term investments.
even though indirectly it is very risky and more stressful when every time you have to see the price of the coin you are holding.
some people also don't realize that long term investment is actually more profitable and more comfortable especially if we hold the right coin like top 10 in coinmarketcap.

to be honest, after I experienced for myself how easy it is to invest long-term and greatly minimize the risk of selling too fast and high prices when the bullish season arrives.

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I wish I knew this earlier. Long-term investment is a lot less stress free and things are a lot easier when we are talking about not looking at the prices every 5 minutes. People do not realize this of course, and that causes a little bit of trouble, but the reality is that the best thing we could do is long term investment.

It is both good in practice, because you do nothing but just buy and nothing else, very easy, takes 5 minutes max and then for years you do NOTHING, and easy on stress, because it could crash and you don't have to care since you won't sell now, and easy on results because price always goes up at some point, even if it crashes along the way. You basically get the best out of everything.

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A good project usually takes at least 2 years to enter the top or top 50, if there is a new project that has not been a year but has entered the top 50 then we must be vigilant, maybe the developer has a sponsor who continues to pump so that the time will come for them to sell all their stock that is there so it will drop.

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Quote from: Paul Pogba on December 07, 2022, 11:14:10 PM

When the market is dropping like now let's think positively, if we look at the price chart that has happened a few years ago then things like this are commonplace, in 2018 the price of ETH once reached more than $ 1000 then dropped to below $ 100 in end of 2018, and I sold all ETH when the price was around $280, now the price of ETH is also dropping and almost similar to a few years ago.

Therefore, we have to be aware of the situation that one day, the market prices will drop, that one day the price of these known coins like BTC and ETH will turn down like before. Yet, we carry the confidence that one day these coins will also turn back high. That is why many people have the courage to hold long-term and that is because they trust crypto and believe that they won't be disappointed. In fact, as you mentioned last 2018, everything is down but looked, the market hits another ATH last year. This means that the market never stays low forever but surely there is recovery.

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Quote from: Silberman on December 07, 2022, 07:55:01 PM

Quote from: blockman on December 07, 2022, 04:58:28 PM

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

Newbies due to their lack of knowledge prefer short term trading over long term investing, and they have this preference because of the higher profits they can supposedly get by trading, but what they choose to ignore is that only a very small minority of traders get those profits while the rest get losses, and it is not until they begin to lose money they realize their mistake and then they try to switch to long term investing,

Yeah, they think of the market as a short term market only so they want to extract as much as they can with as soon as possible mindset. They think that the market is going nowhere so if there's a chance that they can make money from it, they want to take the advantage of having that mindset of being short term on it.

Quote from: Silberman on December 07, 2022, 07:55:01 PM

however after losing so much money when trading the markets it is difficult for them to hold their coins for long enough to get profits in this market.

It's because they're panicking and they're still at the beginning that they need to gain more experience so, they know what's happening in the market and it's going to recover soon.

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Quote from: Sikinkato on December 08, 2022, 02:12:28 AM

The best token suitable for long-term investment is Bitcoin, and its development history of more than ten years has proved this point. Even in a bear market, Bitcoin is still in an upward trend from its appearance to now.

Yes, but to correct you, Bitcoin is not a token, it's the top crypto that's why as you have described it, the best investment. And even if we are in the bear market, you can still make money out of it. Although the best approach is to buy cheap thru DCA and hold for the next bull run.

Quote from: Sikinkato on December 08, 2022, 02:12:28 AM

The market is completely unpredictable and highly volatile. Not all cryptocurrencies are very long-term investments, and decisions about long-term or short-term investments should be made based on research on the tokens.

True, not all cryptos are created the same, some are best for long term, and then there are due to pump and dump scheme in this market, it could be used for short term only. And once you make money, then rinse and repeat, look for the next crypto to pump.

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The best token suitable for long-term investment is Bitcoin, and its development history of more than ten years has proved this point. Even in a bear market, Bitcoin is still in an upward trend from its appearance to now.
The market is completely unpredictable and highly volatile. Not all cryptocurrencies are very long-term investments, and decisions about long-term or short-term investments should be made based on research on the tokens.

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When the market is dropping like now let's think positively, if we look at the price chart that has happened a few years ago then things like this are commonplace, in 2018 the price of ETH once reached more than $ 1000 then dropped to below $ 100 in end of 2018, and I sold all ETH when the price was around $280, now the price of ETH is also dropping and almost similar to a few years ago.

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Quote from: blockman on December 07, 2022, 04:58:28 PM

Quote from: Wexnident on December 07, 2022, 04:29:52 AM

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

Newbies due to their lack of knowledge prefer short term trading over long term investing, and they have this preference because of the higher profits they can supposedly get by trading, but what they choose to ignore is that only a very small minority of traders get those profits while the rest get losses, and it is not until they begin to lose money they realize their mistake and then they try to switch to long term investing, however after losing so much money when trading the markets it is difficult for them to hold their coins for long enough to get profits in this market.

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Quote from: Mr. Magkaisa on December 04, 2022, 02:53:47 AM

* Less Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested, it's just you The others are in and out of crypto, so of course, if you are outside of crypto, you will miss the other opportunities here.

This is a dilemma to say that long-term investment in altcoins is less risky. Because we learn from LUNA. Long-term investment may end on the dead coin. We know that many new projects are commonly shit coins. And we cannot guarantee the top altcoins will last forever or not. That is why investing for long-term periods doesn't mean that we don't do anything and just leave them in our wallets. We must also see the progress of the projects, and see the situation including if there is FUD or not. Because once we are too late to know the FUD, we may lose our money even if we have invested for a long time. Please, learn from what happened to FTX and also Luna so far.
I agree if we are doing long-term investment for Bitcoin, yeah, this is will less risky than altcoins.

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Quote from: Wexnident on December 07, 2022, 04:29:52 AM

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Long-term is ideal with most but short terms are more likely with the newbies because they're at the learning stage and after experiencing it, they'll summarize and have a conclusion that long-term investments are really the best choice.
Yeah, it's not a risk-free strategy but you're able to mitigate the risk and you can mend some of your losses depending on how you'll react to the market based on what it is currently showing. Needless to say, on a personal note, long-term did me well and thought me how to become disciplined in investments.

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Quote from: Ayers on December 04, 2022, 11:05:23 PM

I would totally agree with you if you only talked about bitcoins and no other cryptocurrencies. However, if you said that altcoins are also suitable for long-term investment, I would disagree with your statement. Altcoins can also give us big profits, but they only last for a while or cannot sustain their growth. They are not like bitcoins that always recover from a drop. Many say that holding top altcoins will generate profits, but they still need to learn that, over time, the top altcoins will be replaced by newer altcoins.
Long-term investing is only true for bitcoin, not for altcoins.

Altcoins are just considered clones from bitcoin, so they can never survive for long term as clones are just good at the start but become obsolete later on. But with bitcoin, long term investing will prove its utility cases and will gain more users because of that. And that bitcoin long term investing will increase the chance to gain guaranteed profits especially when the market is already in bullish season.

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Quote from: Mr. Magkaisa on December 04, 2022, 02:53:47 AM

Good day to all the community here in this forum, Do you want to know why cryptocurrencies are good for long-term investment? Why is it okay to invest in the long-term and what are the strategies and criteria to choose cryptos that we can invest in?

Thanks for your write up. That really contained a lot of information especially for people that are new to this space. I have always been the long term hodler type of crypto investor, even though i know that you can make more profit if you are actively trading, but this also automatically means that you can also make way more mistakes and the chances that you are losing your investment completely is way higher than if you just buy and hold for a longer time. I think that the current market conditions are good to invest into projects that are already established because now you get them for like 1/5th of the price that we had to pay a year ago or so.

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Quote from: Wexnident on December 07, 2022, 04:29:52 AM

I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Both long term and short term has their own advantages and disadvantages so don't just say that one of them is only better while the other is the best. The advantage of long term investing is that it allows you to earn more profit but the disadvantage of it is that it may take a long time for the price to pump. In short term investing, there's less waiting time but there's also less potential in terms of gains.

When investing we don't just buy but it's important to pick the coins properly. We can do this by analysing. A signal is also useful as it can tell us if it's now ready to sell. Last but not the least is the chart. It gives us an overview of how the coins perform.

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I do agree with how long-term investment is better for the vast majority of people, especially new ones, if you're capable enough then taking the risks of short-term investments instead would probably prove to be the best. Not to mention that long-term investments have a different type of risk compared to short-term ones, wouldn't really call it less risky but rather there's just more time for you to manage your portfolio since it's for the long term.

Quote from: Mr. Magkaisa on December 04, 2022, 02:53:47 AM

* Easy - So, because it's less stressful, this kind of investing is easier, you don't need to be an expert or a good trader. You know how to analyze, signals, charts, and more. That's why you don't need those because you will only invest once, or if you always do something simple and that is just buying buy.

I reckon you still need some semblance of being a good trader, you are still going to understand what the investment you're going for is about after all, and whether or not it would actually last that long for your investment to bear fruit.

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Quote from: Semar Mesem on December 06, 2022, 05:07:28 AM

If we want big profits then we have to be patient and make it a long term target, most people are impatient so they immediately sell assets when they see a profit of 10% or less, as long as what we hold is top ranking coins then long term holding will be profitable.

We only need to choose the right coin to invest preferably those that are only recently starting and we need to make sure that they are legit and they're actually making development and updates to give their investors satisfaction and tranquility for their heart about their investment in their project. Because holding for long is a huge challenge and only a few people are courageous enough to do that. Because when they see the temptation of hype in other coins, others will rush to migrate to those projects and sometimes they made a good decision but some of them failed because they invested in the pump-and-dump project.

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