Cryptocurrencies - why it is important to embrace the long-term unit

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The market lacks patients in these current times. We could say this is slightly because it's difficult to tell what is to stay and develop from what's just a Ponzi scheme, or maybe there's just too much greed in the markets targeting short term gains. It's not all realistic that to acquire good income in the short term of any crypto investment is possible, for the most of it, the magic happens in the long run.

When we look at the general markets, the long term always makes the difference. Just as any digital asset may present itself to be losing value on the short time span, but when looking at a much lengthy price chart, one would realise it's on a perfect uptrend. This is the idea built into this economy, taking short term profits is a good thing, but from an investment perspective, there's more fun of blue stacks when one's mind is structured to embrace long term expectations.

Developments as a driving force

Looking long term doesn't imply staying blind to red flags. When it comes to cryptocurrencies, on the high side, people indulge without proper research, or having a good knowledge on the works being done for the growth of its ecosystem. Development is a key factor, because where there's a team dedicated to building structures, there's a high chance of impactful changes.

Cryptocurrency is a self evolving tool, where there's an effort to build solutions, there's a chance money flows into its economy. On a long term scale, the projects that keep developing as the network expands are much more promising than the temporally hyped system.

When we look at an economy of stagnation, there's always bound to be short term reports of petty gains, this is used to cover up the long term failure of the ecosystem. The reason most billionaire investors take years before trusting a system is this simple matrix. It's ability to stand the test of time and evolve is a big green light, this is why this ecosystem has suddenly become a honey pot for VCs.

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How Long Is Long-term?

One thing is to say a word, another is to stand by it. Standing by it implies that you understand this word perfectly. Long term solely depends on what mission the system embarks on. When a cryptocurrency project launches, there's often a roadmap release. Now, one can call it a table of preference, because it basically encompasses what work is to be done. As an investor, you're interested in this information, because it holds the solutions or innovations the project looks to bring to the system.

So then, the long term depends on what is being built. First you invest after your research and that, by loving the idea (roadmap) of the project, then,you hold in for those ideas to materialise, that's basically the long-term everyone talks about. When long term is mentioned, most people immediately call out 10 years, or 20, whatever, but from an honest perspective, those are speculative measures, not long term ambitions. Because with that, comes a change in the state of the world, so those projects chances of surviving are solely based on its ability to build around the changes, so basically, presenting a new roadmap to take off.

Understanding these things would aid a proper investment approach in my opinion. I've found myself in a situation of doing exactly this, and this actualisation came as a result of digging more into the topic. It is important to embrace the long-term unit, but much more important to understand what it is and how to go about it. Speculative decisions are a gamble, but you're not a gambler, are you?