I’ve heard a lot on this sub about people who are addicted to looking at charts all day long. They are worried that if they miss a huge drop (or a huge gain), they will not have the chance to sell. This leads to them staring at their phone for hours on end.
This is why believing in the coin you are invested in is important. When you are invested in something you FULLY believe in, and FULLY know about, it makes it insanely easy to forget about the price and think long term.
I mean honestly... how many people actually think we AREN’T still early in the world of crypto? It’s hard to imagine a world in 10, 20, 30 years from now that doesn’t utilize cryptocurrency.
That’s why the price does not matter to me as of right now. Now if you’re a day trader, that’s different. But the majority of people in this sub could benefit from investing into something they fully believe in, turning on DCA, and forgetting about the charts.
Investment time horizon means everything. When you’re long term, short term movements don’t even affect you.
Price explodes? Great. Not selling anytime soon.
Price sinks? Great. I can buy more at a discount.
Think about your time horizon in this crypto shit & it will change the way your mind works. I can promise you that.
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