Post
Topic
Board Beginners & Help
Re: How to hold in peace
by
WellRozey
on 07/04/2022, 13:47:17 UTC
Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
For you to avoid getting worries about your bought coins better delete all the price tracker you have, stop visiting cmc to check the price regularly and create separate wallet for your hodl coin so that you will forget about your holdings if you aim those for long term. But make sure save your private key offline or write it up on your notebook so that by the time you want to see how those coins go in future you can still open and easily dispose of the price pump.
So how will this holder know when crypto is already pumping? Imagine buying a token for 1$ each and a new ATH of 100$ happens but you don't know then a few days later the price goes down to 50$ and a few weeks later its back to 2.5$, its better to track 🐾  your portfolio.