Post
Topic
Board Altcoin Discussion
Re: what things can do if i hodle for long time crypto
by
sekalitas
on 21/05/2024, 09:48:36 UTC

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear. 

please update what things you do
My holding strategy depends on the specific coin and my investment plan. For example, with Bitcoin, which has a history of generally increasing in value, I typically buy and hold, checking news related to it only once a month or twice every three months if my plan is to hold for at least a year. I also try to keep myself busy with other activities to avoid constantly obsessing over my investments.

Remember, it's crucial to only invest money you can afford to lose. This way, you won't feel overwhelmed with regret if your investment goes to zero. Cryptocurrency is extremely volatile, so investing money you can't afford to lose can lead to panic and fear.