Cryptocurrency Investment Strategies
Summary for Learning Material
HODLing vs. Trading: HODLing is like planting a tree and waiting for it to grow, while trading is like buying and selling stocks daily to catch short-term price changes. Portfolio Diversification: It’s like trying a bit of everything at a buffet to avoid being stuck with just one bad dish. Time Horizon: Long-term investing is like keeping a vintage car for decades, while short-term investing is like making quick profits from seasonal items. Choosing the right strategy depends on your personal goals, risk tolerance, and how actively you want to manage your investments.