Apparently! With the way cryptocurrency investment is being designed. It's seemingly designed in such a way that it is for a long time Investment plan considering the fact that most Investors believe that cryptocurrency investment is duely designed to long time Investment plan.
When I said it's designed base on long time Investment plan is that, the cryptocurrency volatility, the bear and the bull market made it to be so. It's believed that, the best time to invest is during the bear market,then after that we will have to probably wait for a long period of time for the bull market which maybe longer than expected.
Do daily traders of cryptocurrency believe in it long term plan?
For a while now, the bear market has been around which many Investors have truly taken the advantage of it to Invest, which they might probably be waiting for the bull market but what about those that do indulge in daily trading? They might not see any long time Investment in cryptocurrency investment because they believe in making daily gain even if it's little. They are experts that study the chart to predict on how the cryptocurrency rate might be.