One of the most crucial pieces of investment advice shared on Dalal Street is simple: “Trying to time the market is a mistake! Instead, having a long-term approach to preserving and growing one’s wealth tends to pay off over the years!”
Now think for a moment. What if you had invested INR 1,000 in 2018 but sold it right after your portfolio crashed by -72.6%? That would have been a terrible mistake given the fact that Bitcoin has outperformed almost every other traditional asset class over the years.