I would have made so much more if i would have held my crypto. I thought i could get more of what i have.
Learn from my mistake. Do your research and find a coin that you like and that you think will do well and just hold it.
No more trading for me.
Why im not login in to bittrex for a while
8 years ago by youknow212012 (32)
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My strategy is to hold a few such as BTC, ETH, DASH, and LTC. I get a little (very tiny) part of those when I can and just hold on and add to them.
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Holding a coin you believe in is a great strategy - if I never sold a single BTC or ETH that I'd acquired throughout my life, until this moment, I'd be a millionaire! I would only add that it would be smart to log into Bittrex every once in a while to make sure that you stay up with the latest developments.
Nothing is worse than holding a coin and logging into an exchange a year later and realizing that the coin has since been delisted, or that a hard fork happened and you are on the wrong chain, etc.
But good luck with your strategy; it takes great discipline not the check the crypto exchanges every day (at least for me!).
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I will check on it from time to time but i am not going to keep checking every hour like i have been doing. Crypto has took so much time from my family and i want to give that time back to them. All the speculation is getting to me.
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Wise words man. Crypto can suck a lot of time and energy from your work, family, and friends. It's important to keep the important things in perspective.
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If I bought and held my bitcoins from 2011 I would had 40 million $ today. The thing is either you're in or you're out. Either you believe in cryptos and that this is a gamechanger. You either DONT want your paper money any more, or you do.. Thats up to you. But trading usually goes wrong. You have to ask yourself "Do I believe this is the future of money" If the answer is Yes, you just hold it. Look at it in the same way you hold your gold and silver (and maybe even guns and bullets). Its an insurance against the current system. If it fails, youre hedged.
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I think cryptocurrency's are the future for sure . So why did you sell
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Interesting
I will follow you to see your future posts! +UP
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Congratulations @youknow212012! You received a personal award!
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