Having the right mindset when it comes to investing in Crypto is very important. Many approach crypto looking to make whooping sum of money overnight which is a bad mindset.
Crypto is for those who have one key characteristics, patience. Those who have some funds and are willing to throw it in and forget it for years. Not for those that will be needing the money in two weeks or in a month time.
The reason why we see wailing that they lost money in Crypto is because they invested in a wrong project, bought the top or they saw the project they invested in go down in two weeks or few month after investing. We must realize the bear is part of the game. You sometimes go down before you go up.
A great rule in investing in Crypto is buying the Dip and applying the dollar cost averaging. In 2020, during the lockdown, nobody expected the great flight and pump that was coming into Crypto in 2021. If many people would have known they would have invested massively to reap their increase at the end.
What we must know when investing in Crypto just like every investments is that, it takes years to grow. Any business adventure is a risk, this is how Crypto works.
