Yeah, sometimes we might be confusing the definitions, and it seems that bitcoin has a bit of a pattern that justifies the consideration of the 4-year cycle, even if the cycle may well end up getting broken at some point... however, if we already have a pattern of a 4 -year cycle, then, it is likely helpful to at least attempt to recognize that such pattern has so far tended to play around the timeline of the halvening.
The bitcoin pattern will be changed based on the halves most of the time,many people holding from pump after the Corona time for the new halves at the 2024.With no surprise we get the new all time high of 73k in the bitcoin price which is more then the value of 68k which was the highest of all the time.This bull run was not end and still we have a hope in the bitcoin price for the consecutive pump in the 2024.So holding was the key to the good profit in the crypto currency trading.
So yeah we do not necessarily need to plan out 10 years or more in order to be considered long term, but if we really consider what people might want to do with their investment into bitcoin, then we likely can see that they are wanting to make their lives better in the future.... so yeah.. I suppose that there could be such things as long term, medium term and short term trades, and so any one getting involved in bitcoin for less than 4 years could be trading within various periods of time, yet it would be difficult to classify them as an investor in bitcoin if they have a timeline that is shorter than 4 years.
This was the good one,So the trader should not worry about the minor fall,many had brought in the 68k pump.After that we had faced huge fall in the bitcoin market.Many a while the price doesn’t cross above the value of 32-34k.But many had the gift of the value with the double digits profit of the holding on the correction time.Still many trader claiming the bitcoin will reach the value of 100k as the next target in the 2024.It was essential for the trader to make some profit by just holding on the bull market of the cryptocurrency market.Don’t sell your assets at the panic of losing the high prices,the bull run not end yet.
Mate to an extend your explanations are some worth contradictory, It is very obvious that you are generalizing the concepts of this thread in terms of Bitcoin and the other coins whereas the thread has been discussing much about Bitcoin long term investment plan and the various strategies for accumulation and hodling for about 5 to 10 years in other to have the compounded value of your investment, while your explanations are much on traders whose intention are mainly for profits maximization within the shortest time frame. However is a Bitcoin long term investment thread and not any form of trading and also making the use of the word cryptocurrency could possibly mean you are talking about other coins, if you want to say Bitcoin just say Bitcoin because there is no way some one can understand that you are talking about Bitcoin because there are other coins in the market so you need to be specific.