I'm still a beginner in the crypto world, but when I decided to get into this I had already decided that I was in for the long run so no, I'm not selling.
Posted Using LeoFinance Beta
You are viewing a single comment's thread from:
I'm still a beginner in the crypto world, but when I decided to get into this I had already decided that I was in for the long run so no, I'm not selling.
Posted Using LeoFinance Beta
Boom! That's the spirit; playing the long-term game is more profitable. Truth is many successful crypto investors today are those who got into BTC in its early days and then they did hodl onto their assets.
Another newbie advice, learn not to FOMO into buying coins but always take time to consider many factors before investing. Equally, dips seem to be a good buying period.
Posted Using LeoFinance Beta
A very good advice but when investing it must be a project you know almost everything about and comfortable with because change in price have it way of changing our mind
Posted Using LeoFinance Beta
Rightly said! Carrying out proper research is necessary before investing and also a liking must be developed for the project. That way, price fluctuations won't really bother you.
Posted Using LeoFinance Beta
100 percent agreed. One of the factors could be the use cases of the coin and whether there are possibilities for the project to grow in multi-directions or even if single directed then if the team is capable-of/dedicated-to continuous development.
Another factor could be to understand what they are offering is going to last in the long run or...
Anyways, again agree that not every coin is worth investing.
Posted Using LeoFinance Beta
Very correct! Not all projects are worth staking your money into. Some projects will crash while some may be abandoned.
Still to add to the factors to put into consideration are;
Posted Using LeoFinance Beta
Well said, couldn't agree more.
Posted Using LeoFinance Beta
Great point! Sometimes it's hard to deal with FOMO but it's important that we learn how to navigate it
Posted Using LeoFinance Beta
FOMOing is a sign that a trader doesn't understand the basics of trading.
Posted Using LeoFinance Beta
Not including selling because of a real-life emergency, if I sell it's to get into something better. My head hurts trying to sort out where to go!
Posted Using LeoFinance Beta