🎯 What is a market timing strategy and does it work?
Market timing is a strategy that attempts to predict the direction of the market and maximise profits by buying #BTC or #BNB at the lows and selling at the highs.
However, accurate predictions are difficult to make and the odds of success are low for most investors.
Studies have shown that long-term investors often outperform market timers.
Bottom line: watch the market closely, but a steady approach with a long-term investment strategy may be better!
📖 Read more at:
https://www.cr7pt0.com/2024/07/market-timing-explained.html?m=1