What is “BUY AND HOLD”?
1 - Define the criteria and fundamentals for purchasing a cryptocurrency.
2 - Buy cryptocurrencies according to your risk profile and objectives.
3 - Monitor and diversify your investment portfolio, monitoring whether the cryptocurrencies you purchased maintain the fundamentals initially established.
The “BUY AND HOLD” investor will hold their shares for a long period and monitor these cryptocurrencies.
The “BUY AND HOLD” concept is mainly based on the analysis of the “WHITEPAPER” and “TOKENOMICS” documents of cryptocurrencies. Therefore, cryptocurrencies must be chosen based on their fundamentals, through the interpretation of indicators that consider the current scenario and project the growth potential of a cryptocurrency.
Analysis of the “WHITEPAPER” and “TOKENOMICS” documents are the first and possibly most important steps for the investor to choose the cryptocurrencies to buy focusing on the long term.
A reliable exchange is a good start for starting your investment in cryptocurrencies.
Don't believe in promises of 100% or 1000% growth, what exists is trust in the serious work of companies involved in the world of blockchain.
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