sincerem
VIP Contributor
Remember, not everyone has the courage to holdl his or her coin for long period of time to yield profit. Some can simply holdl for some time, but due to lack of money, can make them tamper their crypto investment, shorten their investment without recording a single profit.
If you're such kind of user online, who holdl a coin and never allowed the coin to stay up in the wallet longer duration, then you should count yourself out from making profit through cryptocurrency. And again, if you're the kind that do panic sales, when the market faces turmoil due to surprise sell off by the whales then count yourself out too, because you aren't going to make profit out of cryptocurrency investment.
Those who makes gain around cryptocurrency are the people who are saving for longer duration of time without doing panic sales or removing their coins every now and then due to low income.
Not everyone can leave his or her coin for the period of five years. Due to fear of losing the coin as a result of the exchange site or wallet closing down, many decided to do short term investment or simply use crypto for means of payment and receiving of payments.
But to be frank, most of the recognized exchanges wouldn't varnish like that. Coinbase have been in existence over seven years now, without issues of compromisation. Saving your coins via Coinbase, Binance exchange, crypto.com, etc recognized exchange site is secured. If you're feeling too skeptic, you can simply get yourself a hardware wallet to feel secured enough to holdl your coins without issues of security breaches.
If you're such kind of user online, who holdl a coin and never allowed the coin to stay up in the wallet longer duration, then you should count yourself out from making profit through cryptocurrency. And again, if you're the kind that do panic sales, when the market faces turmoil due to surprise sell off by the whales then count yourself out too, because you aren't going to make profit out of cryptocurrency investment.
Those who makes gain around cryptocurrency are the people who are saving for longer duration of time without doing panic sales or removing their coins every now and then due to low income.
Not everyone can leave his or her coin for the period of five years. Due to fear of losing the coin as a result of the exchange site or wallet closing down, many decided to do short term investment or simply use crypto for means of payment and receiving of payments.
But to be frank, most of the recognized exchanges wouldn't varnish like that. Coinbase have been in existence over seven years now, without issues of compromisation. Saving your coins via Coinbase, Binance exchange, crypto.com, etc recognized exchange site is secured. If you're feeling too skeptic, you can simply get yourself a hardware wallet to feel secured enough to holdl your coins without issues of security breaches.
