Quote from: ArticMine on April 10, 2016, 01:09:14 AM

It is in many cases way easier and less risky to invest with a 4 - 14 year time frame than to speculate with a 24 hour time frame. Many of Warren Buffett's ideas about stocks can also be applied to crypto currencies. Here are his 9 rules http://www.fool.com/investing/general/2015/12/05/9-rules-that-helped-warren-buffett-produce-a-18261.aspx

Like these -

3. Take advantage when the market misprices good companies. - Monero is mispriced

5. Buy stocks you would want to hold if the market were to close for 10 years. One of the worst habits a long-term investor can develop is obsessing over the daily moves in stock prices. Not only do daily price swings not matter much over long periods of time, but monitoring your stocks too closely encourages rash decisions such as panic-selling at a loss when the market is falling. - Hard to remain disciplined but never doubt yourself and your decisions when going long