Part 5/7:
Begin by ensuring a portion of your portfolio is allocated to Bitcoin, Ethereum, and Solana. These are powerful long-term investment vehicles that can provide stability amidst trendier, riskier investments.
Investing strategically and patiently in these major tokens can offer considerable growth over time without the emotional rollercoaster that comes from chasing lower-cap assets.
Practice Patience Over Impulsivity
It’s vital to cultivate a long-term mindset that avoids the traps of impulsive trading. This includes reducing the frequency of portfolio checks. Instead of reacting to minute price changes, establish a disciplined DCA (dollar-cost averaging) method that ensures you invest consistently over time.