It's a day of lull again in Cryptoland and my opinions about it plus I fetched my cold storage wallet from our post office today

Source - @cryptopie

Bitcoin's price is hovering around 100k at the time of this writing and its quite interesting to see with just a few hundred dollars on the down side it greatly affect the price of altcoins where most are hit to reach double digit levels which is around 20%. For example, the STEEM price reached below 22 cents in Binance so those that sold high at around 30 cents on the "local top" and re-bought in those levels accumulated more and is now ready for the next round of selling. These traders are the ones with a plan and reached their goals for their purposes which is to earn more than they had previously.

That is within the medium term or even long-term approach about making money in cryptos because to make money in cryptos we have to sell high and then buy low. The only thing is that most of us would not know when to sell because we might often like any other people would sell the moment the price jumps to a few percentage points and after we sell the value of our coins would go up. It happens everytime but we can avoid it by just looking at the charts, set our sell orders at a pertinent level and then buy-back at certain levels and it is the rinse and repeat technique which gets more effective at medium to long-term work and with less stress too because all we have to do is wait until the prices hit our orders.

That is why day traders would often lose money because their approach is for short-term money-making process where they are often left-out with a big bag of coins which they cannot sell anymore because they bought at the top after the buying spree at those high prices, so they have no choice but to wait again until prices goes in their favor again. This is just stressful and will live us with a more risk of losing our hard-earned money in the process while if we just go for the medium to long-term work, all we have to is be patient while enjoying some of our profits from the last successful trade that we did before.

The Cold Wallet

Source - @cryptopie

It came from the Hong Kong distributor branch and delivered to our local post office which I have to claim in person or via representative with pertinent IDs and authorization letter too.

Source - @cryptopie

Its a set of three cards.

Source - @cryptopie

Here you can read the unique attributes of this cold storage wallet.

Well of course we have to secure our profits after taking them out and it is important to have a self-custody wallet for such cryptos that we had invested into along with the profits that we had made so that we can get the convenience and security of storing, trading, buying, selling and or cashing them out when the need arises.

Just today I fetched my cold storage wallet from our local post office. I thought that they would deliver it to my doorstep but yesterday I got a call from our Town's post office and told me to pick the parcel because they only accept such deliveries and do not deliver it via Mr. Postman delivery anymore. So I have to go there myself with the help of my parents this morning. The traffic jam was terrible because there is a construction work going on over the main road on our route to the Municipal post office which is why my back hurt sitting around the car for quite a long time because my mother insisted that we go there earlier and we got there early but we still have to contend with the enraging traffic jam.

We still have to wait for the post office to open at 9:00 AM because we reached it at around 8:30 AM. Thankfully they handed over my parcel to my father while my mother who as waiting before him walked out for a while looking for somewhere to buy some coffee. But while she is out it was my father that received my parcel using only my letter of authorization which I made prior without my Postal ID because it was my mother that have all of my Identification cards.