Investing is not a short journey instead I believe that it is a marathon that should be for a very long term and when I say long term then it not less than couple of years at least. It can be even better if this tenure is for more than 10 years or at least it should not be less than 5 years because this is the time that requires the investment to grow. No matter what market you are invested in but everything requires time to bro and it is applicable on krypton market as well as stock market.
For example if I talk about this platform then here also I have seen people invested for a long time and there are a lot of people who has been here since 5 + years or maybe even more. Now there wallets are pretty much healthy and its because they have given it in a time to grow and they continue to invest the time and money. I follow the same strategy and this is why I tried to keep on building as much as possible on this platform and continue to invest whenever IC some opportunity and my pocket allows.
the real magic with investment happens with the compound interest and when you invest on this platform for example the steam then also it pace of provided your dedicated disciplined and focused on long term investing approach. It's not something that you earn today and cash out tomorrow because if you do that then for sure you're not be able to build a decent holding however if you continue to hold and grow your holding then they will be a time when you will be like a whale on the platform and then you can imagine the growth potential and technically it is going to be the sky as a limit for you.
Even if I talk about the current price for steam which is low but this is just a matter of time because this year we are in the police sentiment after promoted so it is highly anticipated that we are going to see a significant price rise for this coin and it can happen in any quarter. We have seen how the Bitcoin has performed in last humans and similarly once the alt coin rally starts than the similar impact can also be seen on the coin that is our favourite which is none other than steem. What are your thoughts about it and do you think that what I said in this post is worth giving your consideration and do you think that it is practical whatever I have shared talking about the long term investing strategy.
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It is a great post of The Long term investing approach you have shared.
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Thanks
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This blog is no less than an ocean of knowledge for any new investor. Apart from various analysis, the most important part is to prepare yourself mentally for any investment and you have discussed every important thing about it. The real magic of investing is compound interest. Once you understand this, everything seems easy!
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Long-term investment methods test our patience, and the less patience we have, the less likely we are to survive.
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