We are now three months into 2023. The same bear from 2022 is still around. News and financial institutions worldwide have something for us to read about every day. Many investors, especially those who have just started out, may be confused about what they should do with their portfolios, and how they should set their minds. Here are 3 tips to get you back on the journey to financial freedom.
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1. Investing is A Marathon
Investing is not a short race where winners put all their energy into one sprint. But investing is like a marathon, with no shortcuts, and no way to get rich quickly. You only have to keep running and most importantly, your willpower must not run out first. Please avoid a “get rich quick” mentality. Especially in the developing crypto market, which can be highly volatile. Despite short-term volatility, the market still tends to grow in the long term.
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2. Self-Discipline is Key to achieving Investment goals
A successful athlete requires discipline to train, practice, and stay on a strict diet.
Successful investments also require mental discipline. It will help you stay afloat when values fluctuate, something endemic to crypto markets. Therefore, you should assess the risks that you can accept before investing.
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3. Knowledge is STILL the best weapon in the crypto world. Of course, it’s not easy for investors to do their research on crypto projects, as social media is full of scammers and self-styled “gurus.” We recommend reliable sources like the project’s Whitepaper, the project’s official blog and Bitazza Content Hub
*Cryptocurrency is highly risky; investors may lose all investment money. Investors should study information carefully and make investments according to own risk profile.
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