Market timing

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Timing matters in everything we do in life and for most of the things people don't take serious time is the most crucial one. The time we spend doing most unrewarding things and things that don't add any value to our lives if we use this time to focus on this that matters we might have made it far. Most times when I refer people to join hive and asked them to engage they complained about time but this same person is so active on TikTok and spends more on Netflix without spending more time on things that can be of help to them in the long run.

Spending more time on a thing will boost our level of understanding of that thing, shows us secrets, and give us more comfort. This is how success is built because it just doesn't happen overnight and the more time we spend with that thing the more we get better and also becomes easier for us to achieve our aim. Most people spend more time on entertainment and comfort but not on things that will improve them and that's why there are always changes anytime we are serious with our life because this time our focus is now somewhere else.

Crypto time

Just like every other area of life where success is needed crypto also takes time for you to understand, one of the reasons why people fall into this aspect of finance is because we are all looking for shortcuts and we don't spend more time on research, on how the market works and how we can properly invest in a project in crypto. One thing research always does to us is give us stability in our decisions because you already how the project works which gives us a proper understanding on how much we want to risk on such projects but the most crucial part is market timing.

Market timing.

Market timing is the most crucial part of crypto and this is the first mistake we always make when joining crypto this happens as a result of little or no time spend with the crypto market. When you spend more time with a particular pair chat in crypto you will understand how everything is playing in the market because you don't need to have a high understanding of technical analysis to read the market but sometimes just the basics and spend more time with the chart to see how buyers and sellers do.

Market timing gives us perfect entry to buy or sell a particular asset with amazing profits or to avoid big losses in the market. This is important for crypto because it is volatile and not having the right entry can be bad not for only our money but for our mental health also. The Crypto market can be tough sometimes especially when the market is not going in your favor. Proper time also helps in our confidence, and decisions making towards a project which in the end determines our success rate.

Conclusion

Market timing is one the most important part of crypto and a skill every crypto-minded person should always have because this is what separates crypto OGs from a novice. Having a perfect entry on good assets is the key to succeed massively in the crypto space.

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3 comments
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Is it still advisable to time the market? I don't think so. I think it's better to set a value for when you want to sell. And when it gets there, you hit the sell button. Trying to time the market feels disastrous to me.

About the consistency part, you've set it all, when we do things over and over again, it becomes a part of us, and secrets are revealed to us.

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Trying to time a perfect entry is way too tough. I think it's better to just build a plan you like or DCA.

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