#BTCUnbound ✅ Long-Term Trading / Investing Plan –
The long-term plan relies on buying cryptocurrencies or assets and holding them for several months or years with the aim of achieving significant profits over time. The trader here focuses on fundamental analysis, such as the strength of the project, the development team, the use of the currency, partnerships, and the surrounding community. They are not very concerned about daily fluctuations but trust that the asset will increase in value over time. This plan suits investors who do not have time for daily market follow-ups and reduces the psychological stress associated with day trading. Some of its famous strategies include DCA (Dollar-Cost Averaging), which means regular purchases of fixed amounts to reduce the impact of market fluctuations. Its advantages include lower risk, lower expenses, and stable profitability in the long term. However, it requires patience, confidence in choosing good assets, and periodic monitoring of major news and technical updates that may affect the investment.
