Slow And Steady Wins The Race

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Crypto is definitely not a sprint and has to be seen as a marathon taking years and years to accumulate wealth. Those that take the slow and steady approach will be seriously wealthy as this becomes a lifestyle.

Over the past week we have seen many altcoins starting to pop off shifting up gears increasing in price value. The XRP victory in the court against the SEC helped many other crypto's besides themselves especially the 67 that had been listed by the SEC previously as securities.

With the market sentiment changing there are going to be opportunities to earn quick profits but this would be too obvious with most crypto projects down a good 90-95% from their all time highs. Anyone can make a call now and will look like a genius as the odds are in your favor.

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I saw a tweet earlier about using crypto bubbles on the hour mark highlighting the various breakouts as there are too many to monitor. This may work, but there is still risk involved as you are guessing again relying on others feeding you information. This is advice for retail investors as we can see why no one takes them seriously due to their lack of knowledge for crypto in general.

If you don't have a crypto plan then the chances of succeeding are being reduced due to the time running out. Trading is fine if you know what you are doing and have been practicing throughout the last crypto cycle. There are far easier ways to earn which many of us have been doing and that is staking and compounding guaranteeing the growth.

This method may not show growth instantly and why many shun this idea, but the results ultimately will outperform the quick buck methods. Removing the risks that trading has by growing 24 hours every day 7 days a week compounding the rewards over a lengthy period of time will ultimately earn more.

The staking method may start out as a slow and steady way of growing but this turns into a steady growth the more the stake accumulates speeding up as the months tick by. Many fail to get to this point as they are constantly diluting the overall number by selling and taking profits.

What I have found thus far using this method is that the steady rise of the earnings starts to become serious values no matter what the token price holds. This is when having a well thought out strategy and plan starts to pay off literally and removes you away from having to play the trading game to increase your portfolio value.

A prime example is seeing someone buying Hive on the exchange and waiting for a quick return compared to someone invested in the project earning Hive continuously. If only investors did their research and knew what was going on behind the scenes they would be shocked as how much value is on offer over and above buying and selling. One just has to look at the top 1000 Hive stakers monitoring the overall growth which is seriously impressive even though it doesn't reflect the time period to reach this point.

This post was posted on PeakD LeoFinance due to not being able to post on Leofinance due to continuous error notifications.



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3 comments
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Cryptocurrency Investments requires patience especially when experiencing the bear market and not only being patient but utilizing the market to utilize for better days ahead.

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100% correct and why the bear markets are the most important phase due to the value it generates for the bull market.

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Of course which is the strategy to use in cryptocurrency and thanks for sharing.

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