Post
Topic
Board Trading Discussion
Re: Tips for newbie to long-term investing
by
Lanatsa
on 12/07/2022, 22:57:20 UTC
That's the thing I'm struggling with, I actually want to put in more money. But I just can't afford to, I want to maximize on the buying opportunities but I know that's the FOMO creeping in, and I'll just have to stay patient.
if really you are emphasising on cryptocurrency investment it's quite wrong indecencies that cryptocurrency is not what you can predict when you will purchase it. Because no time you go into cryptocurrency buying is wrong. I use this medium let you know that the investment of cryptocurrency is based on target and if you don't have target its when you be confused about cryptocurrency. No time you venture into cryptocurrency investment is wrong.
Set targets or goals and this isnt only on crypto investments but also in other investments as well.If you dont set goals or target then you would really be messing up your decisions from time to time depending on the
market condition.

If you do go for long term then buying time is never been an issue since you are going after for long years of hold before you do make a overall sell out but what if the price dips on that particular time?
It would really be creating that kind of disappointment or getting annoyed but if you do have set out plans and decide to accumulate more then its up to you.

Not all would be having the same state in terms of financial and in terms of their plans and analysis thats why it do always differ to each other.