Quote from: Silberman on December 10, 2022, 11:13:03 PM

Quote from: Sayeds56 on December 09, 2022, 04:11:00 PM

Quote from: tvplus006 on December 09, 2022, 09:23:32 AM

Quote from: Vlad1977 on December 09, 2022, 09:15:54 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.

I think it is not easy to identify the end of bear or bull cycle with 100% accuracy but what we have learnt from our experience that Bitcoin usually falls 80-85% from its all time high before it starts recovering, Hence we should start accumulation around that level and continue buying on every dip. This is what I think is right strategy based on historical trend of Bitcoin but it is not necessary that history always repeats itself.

It is not easy but it is also irrelevant to try to identify the bottom of market, when you look at the charts it is very easy to think that if you bought at the bottom then not only you could maximize your profits, you will also be able to hold your coins and never face a day in which you will be losing money, but not only this is unrealistic it is also something impossible to do, so we need to create a strategy that allow us to profit from the markets without the need for such a precise prediction.

It's true that it may be difficult to determine the exact market bottom, and that expecting to constantly purchase at the bottom and avoid losses is unreasonable. I do believe that we can still develop a plan that will enable us to benefit from the markets without placing an undue emphasis on timing the bottom.

For instance, we may develop a plan to purchase progressively over time rather than aiming to buy precisely at the bottom. Setting up a regular program to buy lesser quantities of coins on a weekly or monthly basis might accomplish this. In this method, we may benefit from price changes and market swings while still average out our purchase price. This method may also assist us in creating a portfolio of currencies that we feel secure owning for an extended period of time.

In the end, a smart investing strategy is building a diversified portfolio, doing independent research, and having the self-control to adhere to your course of action despite brief market changes. We can all make wise judgments and be successful investors with a well-thought-out plan and the correct mindset.