Crypto bleeding. Why I am HODLING?

in #cryptocurrency7 years ago (edited)

Hi,
If you have BTC or any other cryptocurrency you maybe suffering like me right now.

I bought Bitcoin at $2.800 lost a lot of money since then but the reason because I am holding and not selling is because I believe in bitcoin. Charts have shown ups and downs and if you are aware about segwit you knew this was coming. But all of this is a process, you just need to know where to put your money. For instance, LITECOIN dropped just a little and then stayed strong at 39usd, and if you see charts from the last week it actually went up vs BTC.

Litecoin.PNG
SOURCE I regret not buying LTC.

I think the key to invest in cryptocurrencies is to be updated and follow some simple rules when analyzing, things like % over BTC besides the USD price. Maybe you think, what a stupid dude telling me this, is obvious. The reality is that there are too many "late adopters" of cryptos that aren't doing this kindergarten analysis and it is necessary.

I own Bitcoin and Ethereum (70% of my portfolio) and the other 30% it is fueled by GOLEM, OMG and STEEM. My mindset is long term investment.

I am sure I'm maybe not doing the best choices but it is a learning curve for me. Also I don't have that much time to dedicate to this because of my work, this and that.

*My humble recommendation, buy ETH and LITECOIN. 60%

*Keep BTC in paper wallet ASAP 40%


I hope you found this article helpful or just felt recognized with me, upvote and resteem if you felt so :)

Best,
Fefein

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@fefein, I agree with you bro. We must HODL or die!
xD just kidding but we really should wait until it resolves.

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