How to stick to your crypto portfolio for long term investing?

[Chi1991]

Hello everyone,

I only just started with investing in crypto one month ago. Gaining a lot of information everywhere.
But what I find the most difficult is to stick to your crypto portfolio for the long term.
How more I read how more difficult it is to make a choice.

Mine questions are:

1) How often does your portfolio changes over time?
2) Does your crypto portfolio looks differently if you have more money to spend?
3) How long is a long time investment? 1 year, 10 year or until your retirement?

Thanks in advance!

[mpufatzis]

I think the best is to have a plan and stick to it. For example, you can pick 2 - 3 coins or more and invest some money in them.
If you want to invest long term, it is easy, make some offline addresses (ex. paper wallets) send the money from the exchange, and forget them (except you private nr).
Then you can decide to invest (let say $100 each month) if later you find a new coin interesting, and read a lot for it, just buy it and you'll have one more in your portfolio.
The question, how long to keep the investment, depends on your needs. The majority says 5 to 10 years.
I say if your investment is enough to buy a house and you live on rent, then buy the house, it is a better investment.

[lutcor]

It's very simple, you just need to have a lot of patience and do not spend your tokens on anything else except crypto currency, you just need to keep it and everything will be great for you. Of course sometimes you may need money, but it's probably better to borrow from friends than to use crypto currency

[Chi1991]

I think the best is to have a plan and stick to it. For example, you can pick 2 - 3 coins or more and invest some money in them.
If you want to invest long term, it is easy, make some offline addresses (ex. paper wallets) send the money from the exchange, and forget them (except you private nr).
Then you can decide to invest (let say $100 each month) if later you find a new coin interesting, and read a lot for it, just buy it and you'll have one more in your portfolio.
The question, how long to keep the investment, depends on your needs. The majority says 5 to 10 years.
I say if your investment is enough to buy a house and you live on rent, then buy the house, it is a better investment.

I also believe that if you can invest in real estate that is safe option then crypto.
But the problem is of course is to have that amount of money to invest in it.