The "grass is greener on the other side" mentality in cryptocurrency investing is a common mistake, especially for newcomers. This not only incurs transaction fees but also causes missed opportunities for price increases when not holding long-term. If you constantly switch without a clear strategy, you will easily "buy high, sell low" and incur losses.

Advice on being persistent with your initial choice

Define investment goals: Long-term or short-term? If the goal is long-term, maintain your position and only reevaluate the portfolio when necessary, not due to short-term fluctuations.

Do thorough research before investing: Choose projects you truly believe in and understand, avoid "FOMO" based on market trends.

Diversify your investment: Don't put all your eggs in one basket. Spread your capital across the projects you trust the most to reduce risk.

Do not get caught up in short-term fluctuations: Prices will always vary. Consider the fundamental factors of the project instead of reacting to daily fluctuations.

Patience is key: Wealthy individuals from cryptocurrency often hold assets for many years instead of trading continuously.

Cryptocurrencies worth long-term investment (2024 and beyond)

Based on factors such as technology, community, real-world applications, and growth potential, here is a list of cryptocurrencies to consider:

1. Bitcoin (BTC)

Regarded as "digital gold."

Potential to hold long-term value and is the most widely accepted.

2. Ethereum (ETH)

Top smart contract platform.

The infrastructure of many blockchain projects.

3. Cardano (ADA)

Focus on sustainability and scalability.

Suitable for investors who believe in academic value and research.

4. Solana (SOL)

Notable for fast transaction speed and low costs.

Has development potential in the DeFi and NFT sectors.

5. Polygon (MATIC)

Ethereum's scaling solution.

Supports decentralized applications with low transaction fees.

6. VeChain (VET)

Focuses on supply chain applications and data management.

Has connections with many large companies globally.

7. Chainlink (LINK)

Providing off-chain data for smart contracts.

Plays an important role in the blockchain ecosystem.

8. Avalanche (AVAX)

Known for its fast transaction processing speed.

A strong competitor to Ethereum in the field of smart contracts.

9. Cosmos (ATOM)

Focus on the connectivity between different blockchains.

A promising project in building the "Internet of Blockchains."

10. Binance Coin (BNB)

Used in the Binance ecosystem.

Has many real-world applications and reduces transaction fees on Binance exchange.

Action strategy

Choose 3-5 coins you trust the most to allocate your capital.

Set a minimum investment period (e.g., 2-5 years).

Only sell when there is a fundamental reason (not temporary price fluctuations).

Join communities and stay updated frequently.

Remember, patience and discipline are key factors for success in cryptocurrency investing!