LIVEThese are some of my long-term coins (holding for four months or longer). I keep them in "Binance Earn" and use the interest from staking to re-invest, generating compound interest like many big investors.
I buy additional coins using the DCA (Dollar-Cost Averaging) method, purchasing small amounts over time. Sometimes, I use "auto invest" on Binance, or convert/buy on Spot.
I avoid using cash I need for daily expenses, as investing that money can lead to panic selling. Instead, I use money I don't need immediately.
Key concepts to learn for this strategy:
Compound interest
Dollar-Cost Averaging (DCA)
Spot trading
Use Binance Academy, YouTube, or ask chatGBT to learn more.
Understanding how money works ensures that your money works for you, not the other way around 💰
