Are you a dynamic crypto investor or more of an inactive investor?
The last year has been a real rollercoaster for me and my crypto investments. I had a clear goal of growing my favorite cryptocurrencies, which includes Steem, Hive, and Vechain, and I felt like my crypto investments were mostly centering around those three currencies.
But, then a couple of projects showed up that made me actually sell some Steem tokens and invest them elsewhere. Then I decided to spend even more on that project. And then I discovered even more projects that I considered to have great potential, not only when it comes to the technology and industry, but also when it comes to giving me way higher gains than I could at that moment with Hive, Steem, and Vechain.
And so I had to alter my plans and change some of my investment strategies, simply because I thought it was a better way. And I am very happy about those changes today. Of course, I have made some mistakes here as well, just as I described in my article a few days ago about OHM and SRX, where one project has been a real hit, while the other is a real bummer. However, if you want to be successful as an investor in the world of cryptocurrencies, I believe you have to be alert and be a dynamic investor.
Are you a dynamic investor?
What do I mean by being a dynamic investor? I mean that you are alert and that you are paying attention to the industry. It is utterly important, not only because you can learn about new projects, but so much is happening to the projects you already know, meaning that you should pay attention to those projects as well.
You should, for example, ask yourself - where is my Hive investment going? Where is my Steem investment going? Is this a good investment? Do I still have faith in the platform's long-term? What about Vechain? Or are there any other solid projects that I believe will do way better long-term and short-term?
Are there any blockchains around that might be the Ethereum of tomorrow, except for the fact that it is currently being sold at way lower prices? If you look around, you might discover gems of tomorrow, and a small investment today might be worth gold tomorrow!
So, I encourage you to be a dynamic crypto-investor, at least if you have the time. If not, then at least spend a little bit of energy looking after the investments you have already made, in order to protect your money and hopefully grow them more!