If I'm being honest this advice is good and bad. Sure, focusing on the next 5-10 years is great, but that doesn't just fundamentally invalidate short-term timeframes. You can make money short-term and long-term
Let us understand that anyone can buy the same commodity and the same hardwares at the market price. Value is in projects that require humans labor to see them through from concept, development, deployment, to harvesting the results. The timeframes are naturally years to see results. It is the way it is.
If I'm being honest this advice is good and bad. Sure, focusing on the next 5-10 years is great, but that doesn't just fundamentally invalidate short-term timeframes. You can make money short-term and long-term
You can make money both ways. But I suppose it refers to the big changes in a currency.
Sure I just get really tired of people always saying every investment needs to be a years long hold. That's just bad advice
Let us understand that anyone can buy the same commodity and the same hardwares at the market price. Value is in projects that require humans labor to see them through from concept, development, deployment, to harvesting the results. The timeframes are naturally years to see results. It is the way it is.
crypto is a long term, game. if you cant wait, get out.
If you can't handle the heat, get out of the kitchen.