The massive swings that take place throughout crypto on a daily (or even hourly) basis can cause a lot of people to see huge opportunities. This often brings in a flood of ‘get rich quick’ people who are drawn in either by their own desires, or the flashy ads of unscrupulous marketers.
The fact is, however, that while there is obviously a lot of money to be made in crypto, most people who try their hand at day trading end up losing out, often very significantly.
For the vast majority of people who want to capitalize on the crypto revolution, but aren’t good at day trading, there is a better way. Take some time, like several days, to track down a coin that you believe has incredible potential. A world-changing project (don’t worry, there are quite a few in this industry) that has a strong level of success.
Find that one coin that once you buy it, you’re going to want to talk about it all the time because of how exciting the company behind the coin is, not just because you think it will get you rich. Once you find that coin, but it up, transfer it into cold storage, and begin the process again.
Finding one incredible coin per week and investing in it will allow you to build up significant assets over time. It will also naturally allow you to diversify within the crypto world.
Perhaps most importantly, this type of investment strategy allows you to sleep soundly at night knowing that whether the market is moving up or down at the moment, your money is likely to provide you with great returns in the long run.
