There are investments in which profit is measured by patience, not by currency fluctuations. I truly believe that trading is not about knowing the fluctuation of the currency, which is ultimately unpredictable and can only be estimated; but rather it is about having a clear vision of what you expect to earn, in how much time, with what capital, at the cost of what risk of loss and, perhaps most importantly, in how many cryptos. Because anyone who believes that with a huge investment in just one crypto they will achieve the desired profit, probably needs to rethink their investment plan.
That said, I suggest everyone study cryptocurrencies from two perspectives:
Low levels of consistent short-term gains: This approach involves trading with smaller investments, capitalizing on small but frequent fluctuations.
Average gains with short waiting periods but larger investments: This type of investment requires more capital and greater risk tolerance, as it relies on identifying patterns and trends in cryptocurrencies with potential for accelerated growth.
On the other hand, those with capital they can commit without affecting their economic stability should consider:
Investments in strong currencies, where profit is measured by patience and the movements of market whales. These large entities or individuals often set the tone in the 'crypto ocean,' generating significant movements that impact price trends.
In conclusion, diversifying strategies and carefully studying the cryptocurrencies in which one invests is essential for any trader or investor. There is no single formula for success in crypto trading, but adopting a balanced approach between risk, time, and diversification can maximize the chances of success.
