Ask Leo: Why does long term investment increase the chance of accumulating massive wealth in the crypto industry?

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Going or investing into crypto for the long term is technically what experienced investors do to accumulate their wealth.
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Its funny how this works but it does and it's what most people are advice to do,technically when investing in long term their are chances that you encounter the bear market and also the bull market but when accumulating during the bear market is a plus as you won't sell your crypto at a loss because you are investing for the long term not short. Technically those who invests in short term in that situation will lose their money easily but long term investment can withstand this and still be continue to accumulate more,I always feel like people should know the real idea of how long term investment can help them , that's why I always emphasized on how its best to go for the long term in cryptocurrency than to Gl for the short term.
Many experienced investors out there who have made money well off crypto are definitely those who stayed for the long term and that's why we can still hear about them till today.
So I think its best to go for long term if you are looking to become a millionaire.

Thanks for viewing my post and do have a lovely day.

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No one whoever made money in crapto were thinkng long term they either

  • founded their own shitcoin dumped it on retail
  • got a premine at a discount and dumped
  • rug pulled a bunch of people
  • run an ICO and didn’t deliver a product
  • Were lucky to get in on a certain capital flow trend

These are all short term plays and they push they idea that normies must stay in for the long run as they rip capital out of your hands

99% of people in crypto will end up poorer than they otherwise would have been this is the truth

Don’t believe me do the math yourself and stop believing these shills

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Hmmm, so technically people who makes the most money in crypto are those who do short terms.
I believed that long term was the way for a long time.
This is new idea you have opened up
So my question is how do they make those money in a short time?

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I literally just explained how they make money, please read my response! Anyone holding crypto loses long term because you will be devalued eithe by the product failing or it’s inferior monetary policy

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Oh OK.
Thanks for sharing your opinion on this. Really grateful

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