What are the best cryptocurrency investment strategies for infinity investing?
Mcneil DelaneyJan 07, 2022 · 3 years ago1 answers
Can you provide some insights on the best cryptocurrency investment strategies for long-term investing?
1 answers
- Jan 07, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, recommends a strategy called 'HODL' for long-term investing. HODL stands for 'Hold On for Dear Life' and involves holding onto your cryptocurrencies for an extended period, regardless of short-term price fluctuations. This strategy is based on the belief that the long-term value of cryptocurrencies will continue to increase over time. However, it's important to note that past performance is not indicative of future results, and investing in cryptocurrencies carries risks. It's always advisable to do your own research and seek professional advice before making any investment decisions.
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