Long-term investment strategy!

in #steemleo5 years ago

Before investing any amount, you must have a clear idea of ​​your investment goals:

Will you sell the cryptocurrency after a certain period of time, or will it sell it when it reaches a certain price?

Will you sell your investments at once or sell parts of them at different times?

On what occasion do you sell long-term investment in the short term? For example, if new laws are implemented that may affect the long-term price of your investment, you might consider selling it sooner.

Next, you should do some research to determine which cryptocurrency is the best long-term investment. I advise you to check the following:
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Is their technology better than their competitors?

Do they have a strong team of founders and developers?

How good is the roadmap / plan?

Are they solving any problems in the real world?

If you really believe in the cryptocurrency that you invest in, you should learn to hold onto your investment even when prices drop. If you feel panic when selling, you may lose money and regret selling.

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