If you've bought crypto and you plan to HODL, you should understand that the first 6 months is the hardest.

I've been in the Cryptocurrency scene since the bull run of 2017. Started off with a modest buy in and HODLed through the peak of the bullrun. I was tempted to sell at 20k, but my expectations for gains made me miss the peak and then it crashed to 4k.Since I invested only an amount I could afford to lose, I learnt to let go and forget about it. I focused on my life for the next 3 years and just kept my coins safely.It wasn't until this bullrun that I came back into the scene. With gains of almost 800%.The lesson: Invest the amount you can afford to lose and learn to ride it out. The first 6 months will occupy your mental energy in cryptocurrency and you will change your mood at the whim of the market. Don't make cryptocurrency your whole life.

Submitted April 19, 2021 at 10:39PM