The greed and fear index is 20, which means extreme panic, and the ahr999 index is 0.56.

Below 0.45 is the bottom-picking area, and we are approaching it.

Today, Bitcoin has dropped to around $52,000 again. Should you buy or wait and see? It depends on whether you are a long-term or short-term investor.

For short-term and long-term investment strategies, the operating strategies are completely different and must be distinguished.

Otherwise, you are doomed to lose money the moment you buy.

Buy when no one is interested and sell when everyone is busy. This sentence applies to the long term.

The long-term approach is to trade on the left side. The key point is to choose a good target. This target must be valuable in the long run. The price of valuable things will inevitably return to normal, it is just a matter of time.

For example, BTC and ETH.

Buy when the market is falling, buy in a bear market when everyone is desperate and extremely depressed, and sell at the peak of a bull market amid the hustle and bustle. Long-term investment is about cycles and investment is about emotions.

Short-term trading adheres to the right-side trading principle, buying when the price is rising and buying high and selling higher.

Once the upward trend is confirmed, you can only make a mistake once, that is, buying at the highest point and being unable to sell. On the contrary, buying at other times will be correct and there will be profits to be made.

For example, some memes such as WLD and doge in the first half of the year are benchmarks. The requirements are not high, as long as there are hot spots. The focus is on the short term, and the investment is based on the feeling.

The essence of short-term speculation lies in the accurate grasp of timing. You earn money in "points", not "lines".

The key to short-term speculation is to enter and exit quickly, making the biggest profit in the shortest time, and emphasizing the efficiency of making money.

Emotions and feelings can never be converted into each other.

Don't get entangled in short-term, just go when you should, don't be impulsive in long-term, control your hands

From the perspective of speculation strategies in the digital currency market, short-term trading can last from one week to two weeks, and it is rare that it lasts more than 15 trading days.

Only if you take action in a market with a booming money-making effect, will you be able to make big money in short-term speculation, and your trading success rate will be high.

So, is it better to trade in cryptocurrencies in the short term or in the long term?

This is actually the primary issue when entering the market, which is related to the success rate, rate of return and the cost of time and energy.

Generally speaking, most newcomers are doing short-term operations.

Short-term trading requires very rich experience, an extraordinary courageous mentality, and a huge amount of time and energy to find opportunities.

You know that short-term trading is short-term. Once the market fluctuates, you will often receive soul-stirring text messages about liquidation, and you will not be able to sleep well and be under great pressure. These are common things.

However, newcomers do not actually have the skills required for short-term trading, so losing money becomes the norm.

Your body can’t take it after a long time. After experiencing the beatings of the market, when you turn to long-term value growth investments, you will find that your life has changed completely.

The short-term fluctuations in the market are not enough to disturb your heart, and you have plenty of free time.

Relaxed, free and worry-free, this is the meaning of life! This is the greatest value of long-term investment.

I am no exception. When I first entered the cryptocurrency circle, I was also a short-term trader. I had a good idea of ​​holding the market for a few days each time and then leaving with a profit.

In fact, several years were wasted.

Later I found that the cycle and difficulty are inversely proportional. The smaller the cycle, the more noise there is, and more noise will make it difficult for you to make a profit.

On the contrary, the larger the cycle, the stronger the regularity, and it is easier to make a profit.

But why do most people still play short-term?

Because short-term trading is in line with human instinct, and human instinct is to be eager for quick success, fear, and greed, which surround you all the time. Short-term trading takes a short time, and you can get feedback results soon after placing an order.

Long-term cycles require great patience, and the results may not be confirmed for a long time after placing an order.

However, the advantage of a large cycle is that it is highly regular and profits can run. If you place an order at the outbreak point of the trend, then hold the order for a period of time, you will get very good returns.

In order to make a profit, the ultimate way out, most people still need to enter into large-cycle operations, accumulate experience in a four-year cycle in the cryptocurrency circle, and ultimately double their overall profits or even achieve financial freedom.

At this stage, there is no need to hesitate about adding to long-term positions in batches. Don't always think about buying at the bottom and going all in. The bottom will be identified later, and even a god cannot grasp it.

If you come in now, even if a black swan comes tomorrow, the maximum drop will be -40%, but there is room for an upward movement of +400%.

What I'm talking about are all big deals. Don't ask me about copycats. I won't even look at them even if they fall by 90%.

Investing is not about buying cheap goods, investing is about buying things that are truly valuable and you don’t have to worry about anything after buying them.

The cryptocurrency market is a mirror. It treats you the way you look at it.

The market itself is not wrong. What is wrong is the role you choose to play and the timing of entry.

over.

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