Skip to main content

It's way more fun to just forget about crypto for a while and then look back and see prices have risen

Has anyone else felt this way recently? I used to consume all the industry news and try and keep up on what's making prices rise or fall today. Couldn't care less right now. BTC at 69k. Cool. Let's see where we're at in a few weeks, if it's lower I might add if it's higher I might sell.

This is how most adults treat most investments.

Not trying to talk down to people - I legit needed to hear this myself a couple of months ago. Spent way too many late nights going down the rabbit hole of different alt coins. It was fun until it wasn't.

Buy it and forget it. Count your blessings later. submitted by /u/cruyfff
[link] [comments]


http://dlvr.it/TBBcTR

Comments

Popular posts from this blog

Binance Labs invests in EigenLayer’s liquid restaking service Renzo

Binance Labs is joining a group of venture firms and crypto ecosystems that invested $3.2 million in the startup seed round in January. http://dlvr.it/T36f5h

BTC price gains 12% post-FOMC while Bitcoin ignores $260M ETF outflows

Bitcoin wastes no time liquidating shorts as a BTC price rebound follows the latest Federal Reserve economic policy meeting. http://dlvr.it/T4PsSL

Thoughts on effective crypto investment strategies

I am sharing my crypto investment strategy and calculations. It has worked and been effective for me for the past 8 years in crypto. What do you guys think, feel free to add. My principles: Diversity: Basically all your eggs are in one basket because everything goes up and down with BTC. Only the percentage move differs but the direction is always the same. Liquidity: According to your investment size you want enough liquidity to enter and exit easily. Your investment can be worth $10 Million but it is zero if you can't sell it. Project: Must be delivering some unique value in its use case. Too many new projects popping out with same technology should be ignored. Accumulation strategy: Accumulating every 20%-35% dips. Exit strategy: Selling after 3-4 years in a bull cycle. Coin selection: I segment all my portfolios based on use cases and what are the leading coins in that segment and what are very new coins that are working on an issue faced by these leading coins. ...