How to buy crypto for long-term investment?
How to Buy Crypto for Long-Term Investment
For long-term investing, use a regulated exchange, complete KYC, and add INR regularly if you want (e.g. monthly). Buy Bitcoin, Ethereum, or other coins you have researched, and avoid chasing short-term pumps. You can use a lump sum or dollar-cost averaging (fixed amount at intervals). For large or long-term holdings, consider moving crypto to your own wallet (hardware or non-custodial) so you control the keys. Keep records of every buy (date, amount, cost) for tax. Do not invest more than you can afford to lose; crypto is volatile.
Discipline
Stick to your plan. Do not sell in panic during crashes or buy in FOMO at peaks. Rebalance only if your strategy calls for it. In India, remember that selling triggers tax on gains.