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RE: Crypto Obsession!

in #bitcoin7 years ago

Totally normal. I had a stock investing app on my phone and I checked it all the time. Now I check cryptocurrency all the time! The best thing to do is to take your coins off the exchanges and hold long term. Don't check the exchanges too often or you'll go crazy. And if you want to buy on a dip, instead of stalking your coin on all the exchanges, you can just set a conditional buy order and know that if the price drops, you'll get your coin for cheap. Remember that many coins represent new and mostly untested alpha versions of future technology that won't really pay off for another 3-5 years at the very least.
And remember: hodl, hodl, hodl!

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Good advice thank you will look into buy order process and i will try and not look, sometimes just too tempting. I do plan to hodl for the long term on most of my coins. I'm going to have a dabble at day trading once ive gotten better at TA and learnt a bit more about the markets. Followed!

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