Post
Topic
Board Altcoin Discussion
Re: How to prepare for long term HODL
by
breathlessz
on 18/11/2019, 06:58:52 UTC
what I prepare for hold is mentally prepared for long-term hold. besides looking for other income from crypto. mentally very needed in this case.
I think you need to control your capital before investing in the long term because during that time you can only wait for that coin to rise so be careful. In my opinion right now is suitable for long term investment and you should plan in the most detailed way to ensure you can make a profit when you want to sell. In addition, you should also buy a hardware wallet to keep the property because this wallet is often used by a lot of people.
besides that we must prepare psychology so as not to panic when floating. although it seems easy but a lot of people panic when fluctuations occur, therefore because of this long-term investment, then don't look too often at the market so we don't feel panicked when floating plus or minus