Question from the last Q&A session:
"Do you share the opinion that at this stage of the bull market it's already a casino?"
"Is now a good time to enter?" This is the most common question, but at the same time one of the worst you can ask.
Why? Because it immediately puts you in the position of a player, not an investor.
If your time horizon is a few weeks or months, then yes – cryptocurrencies will be a casino for you, regardless of the market phase.
Every decision will be driven by emotions, and your portfolio will react nervously to every price change.
Real change occurs when you shift your thinking to years, not months.
Treating crypto as a form of long-term saving, rather than a way to make quick profits, is the key to peace and potential success.
Think of it as planting a tree.
If you dig it up every week to see how the roots are growing, you will never see the fruits.
A long-term investor plants a tree and patiently waits, understanding that there will be storms (corrections) along the way, but the ultimate goal is a strong, fruit-bearing tree in 10 years.
Is it worth "planting" now?
I do it regularly, adding small amounts to my portfolio as part of a DCA strategy.
As for the "casino" – let's look at the interest in the topic.
Currently, it is close to zero, literally scraping the bottom.
Worldwide, the viewership of crypto content is like in the bear market low of 2022.
Historically, the real "casino" and the peak of the bull market started when everyone was talking about crypto. Today, there is silence. This is thought-provoking, although nothing is guaranteed.
If you want to learn how to build a portfolio for years, not weeks, I recorded a free course in five steps that will help you avoid many unnecessary and costly mistakes and create a long-term strategy for yourself.
