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Friendly Reminder: Close your computer, grab a drink and get some rest. Cryptocurrency is a Long-Term game.

All Cryptocurrencies

by COINS NEWS 247 Views

It is easy to constantly check the volatility in attempting to play swings here and there. Similar to stocks there will always be excitement in rumors, those attempting to sell the news or falling victim to fear.

It is easy to stress what tomorrow, next week or even next month will look like but cryptocurrency is a long-term play. There will always be dips so it is good to use those toward your advantage for the future. Some may even fall victim to FOMO during spikes, but it will usually come back down for another entry. Those “spikes” can be good if you want to sell a certain percentage of your position before another expected dip or buy-target. However, the best thing you can do is just wait it out and go enjoy the outdoors. You should be proud that you are a part of something that is still relatively young to our financial system. You’re a financial pioneer.

Below is a cool article to put in perspective of long term mentality. This could apply to other currencies as well although some are much higher risk than others.

CNBC: How Much Money You’d Have if You Invested $1,000 in Bitcoin 1, 5 or 10 Years Ago

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submitted by /u/Mr-Night-Owl
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