Warren Buffett began investing since approximately 1955, with more than 60 years of experience. At the age of 93, when asked what his best KEPT SECRET was to BE AS SUCCESSFUL as an INVESTOR, he blurted out: TIME. Along these same lines, he recently ADVISED NOVICE INVESTORS to: Use the long time horizon as your best strategy. This is why EVERYONE who has immersed themselves in the pages of a good personal finance book KNOWS that the numbers don't ADD UP VERY MUCH when you have started INVESTING after certain ages. THIS DOES NOT MEAN that you can't DO it, ONLY that the STRATEGY SHOULD BE DIFFERENT.
Therefore, if you are young and starting to INVEST, TIME is your best ALLY now YOU KNOW. And the second best advice you are going to hear today will be "LEARN TO INVEST" in the LONG TERM, don't just stick with what you can LEARN to make a few WINNING trades and then MOVING ON TO THE NEXT THING that catches your ATTENTION like a video after another on SOCIAL NETWORKS.
And I add, if you are not convinced about investing in the long term, how have you been speculating in the short term? I KNOW LONG TERM INVESTING is BORING. There is NOTHING EXTRAORDINARY about getting RICH, in fact if you add to WARREN's advice Munger's PATIENCE advice THERE IS NOTHING FUN LEFT IN THE MARKETS. But you should be clear about something. IF YOU DON'T BRING THE MENTALITY TO THINK BIG, you better not even go near the markets, or do so being aware that your MONEY is the meat that FEEDS THE BIG FISH and the remoras.
Therefore, THERE ARE ANALYSIS that are aimed at UNDERSTANDING MORE about an ASSET LIKE BITCOIN in accordance with the CYCLES OR SEASONS and this understanding is LONG TERM. TRADITIONALLY, the market cycle can be identified in 4 PHASES: accumulation, increase, consolidation and correction.
However, as the cryptocurrency market is very recent and has barely had 3 halvings, there is STILL a lot to LEARN about it. So someone very INGENIOUS and at the same time ASTURTUS sharpened the pencil and COMPLETED something that until YESTERDAY we were all TALKING about without knowing much as a UNIQUE event: THE CRYPTOWINTER.
However, as VIVALDI knew that every WINTER has its SUMMER, SPRING and AUTUMN; This is why MORGAN STANLEY, an expert in the sweet symphony of MONEY, took on the task of completing and today they are known with a differentiating tone: THE 4 SEASONS OF THE CRYPTOCURRENCY MARKET, taking BITCOIN as a reference. This ANALYSIS IS SUITABLE for a LONG-TERM understanding of the living mechanism of the cryptomarket. This feat suggests that although the market cycle is similar to the traditional market, there are certain variants such as halving, volatility and altcoins. So even though you basically have to have prior notions of TECHNICAL ANALYSIS, it will help you validate certain general points to INVEST in BITCOIN and I summarize it like this:
THE SUMMER: The Summer is a phase of rising prices and excitement in the Bitcoin market. During this season, BTC prices reach all-time highs and huge profits are generated for investors. The general market sentiment is extremely positive, it is the stage that begins with the BTC halving, and there may be greater adoption of Bitcoin in various sectors. To identify Summer, investors should pay attention to an exponential rise in prices, increased activity on cryptocurrency exchanges, and an increase in media attention towards Bitcoin. It is important to keep in mind that Summer can be a volatile time and investors should be cautious about possible corrections or sudden changes in the market.
THE AUTUMN: The Autumn is a stage of reflection and preparation for possible changes in the Bitcoin market. During this season, prices may experience significant corrections and volatility may increase. So it is possible that BTC surpasses its old high. However, at this stage investors take profits and it can be an ideal time to review investment strategies and prepare for the next season.
WINTER: We already know what it is like. COLD, LONG AND PESIMIST. The pressure of supply on demand produces a deep drop in prices. Investors are distrustful and go en masse to sell their Bitcoin, which produces more falls, distrust and alarm.
THE SPRING: The Spring represents a rebirth and growth in the Bitcoin market. During this phase, prices begin to recover from a significant drop and the general sentiment becomes optimistic. Investors can identify the Spring season through a steady rise in prices, an increase in trading volume, and increasing interest in Bitcoin from the media and the general public. It is an exciting time to consider strategic investments and take advantage of Bitcoin's growth potential. This is the station that#btcis currently presumed to be in, having hit the bottom at the end of 2022 and being in a 75% recovery from $15,500. Are we already there?
"The best time to invest was yesterday, the second best time is now." Warren Buffett. But he also said: the best investment is in yourself. Stick with what applies to you.
These are reading times.
