Should I Add This Coin To My Long-term HODL Portfolio?

Should I Add This Coin To My Long-term HODL Portfolio?

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21/05/2022 by Jerry Ihejirika
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Should I Add This Coin To My Long-term HODL Portfolio? That a coin is pumping or giving you profits doesn’t mean it must be in your long-term HODL portfolio. That a coin can be staked or that it’s giving rewards doesn’t mean it must be in your long-term HODL portfolio. That a coin has great
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Should I Add This Coin To My Long-term HODL Portfolio?

That a coin is pumping or giving you profits doesn’t mean it must be in your long-term HODL portfolio.

That a coin can be staked or that it’s giving rewards doesn’t mean it must be in your long-term HODL portfolio.

That a coin has great potential or it’s a hot gem doesn’t mean it must be in your long-term HODL portfolio.

That a coin was shilled by an influencer you like or that it’s currently trending in the market doesn’t mean it must be in your long-term HODL portfolio.

That a coin has good fundamentals or an active community doesn’t mean it must be in your long-term HODL portfolio.

That a coin can do 100x or that it’s offering higher APY doesn’t mean it must be in your long-term HODL portfolio.

You can buy, accumulate, and trade as many different types of coins as possible in your short-term trading portfolio but if you see your long-term HODL or investment portfolio, be very careful and selective of the kind of cryptocurrencies you add to it. If you also wish to raise fast cash, take advantage of market fluctuations, or make quick profits on price differences, let your spots, futures, or arbitrage trading be mostly limited to your short-term trading portfolio.

Long-term investing in cryptocurrencies is very boring, risky, and requires you to have a cash flow business, that’s why only a few partake in it. However, it can be highly rewarding in the long run if you understand fundamental analysis and have a HODL mindset.

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