#HODLTradingStrategy
3 GOLDEN PRINCIPLES for an effective HODL strategy 🧠
Do you want to start "HODL" but don't know how to do it right? Remember these 3 things:
* DYOR - Do Your Own Research: Don't HODL a coin just because someone "recommended it". Choose projects with a solid foundation, a reputable team, and a long-term vision that you truly believe in.
* DCA - Dollar-Cost Averaging: Instead of going "all in" at once, break your capital into smaller amounts and buy regularly (weekly/monthly). This strategy helps you obtain a good position and minimize risks when the market fluctuates.
* SECURITY - Keep It Safe: "Not your keys, not your coins". Learn how to use cold wallets (Ledger, Trezor) to store your assets. Don't let the results of your years of HODLing disappear in an instant.
HODL is a marathon, not a sprint.