Re: How To Manage Your Bitcoin For Long Term (FOR NOOB) Purposes
Well I will tell you a secret for your success in investing in Cryptocurrency. If you truly wants good return from Cryptocurrency then I advise you to do this following steps.
1. Prepare your money to invest (assume this money is gone suddenly and don't mind it)
2. Do an extensive research on any cryptocurrency that you are going to invest, don't get into hype.
3. Buy the cryptocurrency that you truly believe in, make sure to diversify your portfolio.
4. Transfer and store them to a Cold Wallet, and don't touch them.
5. To monitor your portfolio daily, use apps like Blockfolio and other.
6. Don't panic when the price is going down, anything that goes down will goes up again.
7. Don't have a weak hand, and HODL, don't get dragged into panic selling.
8. HODL.
9.
10. Profit
Awesome 1. Prepare your money to invest (assume this money is gone suddenly and don't mind it)
2. Do an extensive research on any cryptocurrency that you are going to invest, don't get into hype.
3. Buy the cryptocurrency that you truly believe in, make sure to diversify your portfolio.
4. Transfer and store them to a Cold Wallet, and don't touch them.
5. To monitor your portfolio daily, use apps like Blockfolio and other.
6. Don't panic when the price is going down, anything that goes down will goes up again.
7. Don't have a weak hand, and HODL, don't get dragged into panic selling.
8. HODL.
9.
10. Profit
ill do it is this the best time to buy a bitcoin at this price ? We get a lot of these types of questions and the answer is always the same. We can give you NO guarantees that it is a good
time to buy any Crypto currency, but based on historic statistics the value of bitcoins has only gone upwards over time. Do
not look at the short-term volatility, because the Bitcoin price is being manipulated in the short-term. A year ago the price
was $618.9.....
