So majority of the people that invest on long term basis on the cryptocurrency space end up selling their portfolios prematurely therefore ending up in losses. What is the best approach for that?
How is it possible to be disciplined on the long-term investment in the cryptocurrency space?
- Thread starter Xtynehappy
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The most important thing is you need to hold your position and avoid selling when the market is down. If you cannot hold, you have no chance
But l think with some proactive measures to put in place it can really help like working on some targets and purposes to accomplish on the given portfolio.
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There are several ways that you can apply to increase discipline in long-term crypto investment, such as using idle money and making sure you don't need this money in the near future or under five years. Determine the limit/amount of money to invest, avoid fud and fomo, create a strategy and determine the take profit limit (reasonable) that you want
