Long-Term Crypto Investing: 5 Mistakes to Avoid
Unearthing the pitfalls of long-term crypto investing requires more than just surface-level advice. This article distills the expertise of seasoned investors to steer clear of common mistakes. Arm yourself with knowledge and thrive in the dynamic world of cryptocurrency.
- Revising Portfolio Regularly
- Building Traction Before Seeking Investment
- Treating Crypto as Diversified Asset
- Considering Regulatory and Tax Obligations
- Rooting Strategy in Fundamentals
Revising Portfolio Regularly
One of the main mistakes in a long-term crypto investment strategy is the very idea of “long-term” in the usual sense. The crypto market does not work according to the classic laws of the stock market, where you can “buy and forget.” Even top projects lose…
