what things can do if i hodle for long time crypto?

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what things can do if i hodle for long time crypto?

what are methods you used to forget the market conditions and keep hodl?

In my story , i always log to twitter and see what is happing , see coinmarketcap always, see youtube videos related to crypto. so this makes me sometimes panic , fear.

Sashitha ilepperuma Answered question May 20, 2024
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In order to hodl you need invest in the right coin like Bitjin or any other top altcoins which has potential of continual growth, second thing you need to do is set a target price when you want to sell by setting alert and don’t bother checking it, in my case I transfer my long term funds into a seperate wallet so I don’t constantly be reminded of my hodlings while trading on other asset, rey this it helps.

Sashitha ilepperuma Answered question May 20, 2024
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Yes. All you need a positive attitude. The prices of crypto has risen and fallen but if you see an yearly moving average, we are on a sharp rise.
If you are buying coins for long term, it’s safe to assume that you’ll not have a loss unless you sell for lower price than you bought it. i.e. hodl without stress.

Bhanuka Harischandra Answered question May 20, 2024
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Telling myself that there will be a bump after every dump so selling for loss doesn’t make any sense is the most logical way to think in such a situation.

For HODLers, things are pretty simple, just buy and forget to cause your goal is to hold for for years so there is no point at looking every market move that will make you frustrated and tempted to do wrong things that you didn’t want to if you are in clear mind.

adrian ondachchi Answered question May 20, 2024
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