#21 How to avoid panicking or making impulsive purchases of #Criptomonedas ?
It is always good to have your investments in more than one portfolio to reduce the risk or failures of platforms; regardless of this, it is also good to have at least divided your capital into two main strategies.
1- long-term purchases that allow you to increase your portfolio while taking advantage of market dips.
My recommendation would be to schedule a monthly purchase with a fixed budget that is not difficult for you to meet, starting with the cycles of $BTC after finishing the bull run and beginning to take profits in the next bullish period.
2- Purchases to gain short-term returns.
Set aside a fixed budget to make opportunistic short-term purchases that allow you to earn 10, 20, or more percent.
My recommendation is not to be too ambitious; 10% is better than nothing. Segment your budget so that you can buy several projects at the same time where you see an opportunity, for example $ADA $SOL among others. Divide the budget you have for each project into at least 4 parts and enter gradually; you never know what the last dip will be.
With this structure, I increased my initial investment 200 times in 3 years; you can too.
Patience pays.