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RE: Are You Investing? Or Are You Gambling?
@slhp65
(edited)Yes. Back in the old days even 4 years is not long enough. Long term is at least 5 or even 10 years. And long term is what we called investments.
He is going by the Bitcoin halvings. How convenient.
0.00153995 BEE
Well, the 4 year is parallel to the pumps that Bitcoin has done. And unless you can identify an altcoins that has truly decoupled from the Bitcoin cycle I'll listen to you. But most altcoins have a formation more similar like a pump and dump than otherwise. Check the first gen ones like litecoin, dogecoin, second generation like dash nem or waves, third generation like eos, cardano, fourth generation like uniswap, yffi, algorand, fifth generation like apecoin, axie, polygon
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