smoote

● Is BTC an asset to be kept as a long-term investment? Yes it is and the best time to buy it is at the height of the bear market, when there is blood in the street.

■ Are Altcoins assets to be kept as a long term investment? No. Majority of them are pump and dump. They are to be traded. You load your bag in the bear market and you sell in the bull run before all noise gets to its loudest. You exit before the institutional investors do.

♡ You can make money in spot trading. You just need a lot of patience, knowing you can't time the market to perfection.

- The rules of spot trading are simple. Buy when there is blood on the street and sell when the land is green. The difficult part is your emotions. The discipline to rise above fear and greed.

- Majority will be caught in the bull trap as it's always the case for most bull runs.

- Those who will profit the most are the ones that loaded their bags in the bear season and are already exiting the bull market at intervals - taking profit.

- Seasoned traders don't wait for the height of the bull run before getting out. They are also disciplined enough to wait for the bear markets before getting in.