4 investment strategies to make Bitcoin less stressful

[ipanks]

That's right! But I just thinking to invest in crypto part of my salary and divided it on different digital currency like bitcoin and other altcoins with potential to give me profit. Investing is risky no matter what the situation of the market but if you want to earn profit, you should take the risk.

You can do that easily, and you can invest in any coins you want. The investing will work if you can buy at a low price and hold it for some time, so you need to have a target time to sell your investment and take profit. Yes, investing will have a risk, but you will be okay as long as you can know how to manage the risk. Investing in crypto will need more attention as the market will always change day by day.

[imstillthebest]

if your obsessed checking your wallet every minute you doing it wrong because thats not what investing all about . why not become a trader because you have time checking the price ? and checking the price  doesnt need to be in the wallet all the time but theres an app for that or you can do it online via your bookmarks to save time and make it less stressful . we get stress when we dont have a money and borrowing money can be a reflief but make sure you can pay it buy borrowing amounts in your range . trading different alts will make you more stressful .

[leoagro]

You forgot to mention that we should use licensed crypto platforms with a good reputation-Binance, Kraken, Trust, Ownr, Exodus, etc. This also helps to reduce the level of stress.

[Mpamaegbu]

OP forgot the golden rule, never keep your coins on an exchange.

Always remember, not your keys, not your Bitcoin!

That isn't actually a golden rule because it's almost impossible for traders not to keep their coins on exchanges. How do you trade if you don't do that? Those who advocate not keeping one's coins on exchanges are either not being truthful to reality on ground or don't simply understand how trading works. BTW, how do you save your hodlings from dwindling during a crash if you've them on a private wallet, since you can't tether them on private wallet. How do you do that?

I think the golden rule should be — Not your keys, not your Bitcoin!

[mariayaz]

What i have learnt in few years that never put all your investment in one coin be it BTC or any other, divide your investment into couple of coins and USDT as well to not get hit by dump.