Generate ROI with Crypto Currencies - By 'RBH' Technique, following Warren Buffet !

We all know Warren Buffet is considered as bible for any investor. Warren lives by his certain set of values he uses to invest and lead his life. He has some great advice that we can use to be successful too. Just like anyone else looking for best investment advises, i read through any article i come across mentioning warren buffet.

Warren though not great supporter of crypto currencies, we can apply his investment rules here as well.

First rule, goes like this :

I had some stock trading experience (though i'm not a pro into it) before i got introduced to crypto currency space. During my initial days seeing the volatility in market, i thought there's great trading potential out here and got too much excited. I'm sure all must have felt same during your early days in cryptos. Though i had little success trading into cryptos, i got lucky to get one particular coin when it had a drop earlier and my decision to hold it turns out to be my best investment decision till now.

In such a volatile market its very difficult to follow Buffets rule#1, but considering Buffett’s example set in the 1950s, a good profit can be made from investing in cryptocurrencies if we study properly and follow the market diligently.

Second best rule relevant to crypto currencies :

Above rule accounts to apply RBH technique - Research, Buy and Hold. In order to be sure about the investment you make you have to research and study about it. Now researching about crypto currencies are one hell of a task these days, as you will stumble upon lot of contents and articles out there. More over there are ICO scams and so many manipulators out there, trying to convince you to invest. But if you are really serious about learning something, you will get good trust worthy sources to follow and gain proper insight. Take you amble time and study about coins you would like to invest in. There are many good guys to follow here in Steemit itself.

Doing proper research will help you to invest confidently, as you are aware about the technology and team behind. Once you buy, you are holding it for long term. Compounding theory applies well over here in crypto currencies as well.

After investing, give sometime to your investments for compounding. Better take a break from your computer screen for a while, but do follow this space and try to acquire more on dips ;) This has helped me to make some ROI on my crypto investments. Though i don't have much enough to boast about till now, i'm in it for long term and cherish my returns.

Having said all that, we all know crypto currencies are still in its early days. Bitcoin only doubled its value few months ago. We should invest only what one can afford to loose.

Do letme know your thoughts/comments and more tips on investing in cryptos. Thanks for reading this post, Please upvote and follow if you liked it.

Happy investing !!