Crypto in 2022 Is No Longer Just Buy and Hold Coins

Reasons to dab into DeFi (Decentralized Finance) and beyond

0xAnn
Yard Couch

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Hello, newcomers of crypto. This article is specifically for you. Or, you might have been here for some time, but you haven’t had the chance to venture into the blockchain world outside Binance or Coinbase.

You’ve heard the term passive investing and active investing. Passive investing is where you buy an asset and wait over a long period of time. Active is when you are actively trading it, such as buying low and selling high, to buy low again.

You might have also read somewhere that passive investing > active investing. The quote that says, “time in the market is better than timing the market.” Well, that statement might be true in the realm of traditional finance.

Here in crypto, we don’t go passive like in stocks. There are some reasons for that.

The newness requires special attention

It’s not about the volatility, but rather the fact that the cryptocurrency industry is nascent. It evolves fast. Investors sitting inactive is the definition of ngmi (not gonna make it.)

The coins that were popular in 2014, few of them made it to 2022. There were top coins too in 2017–2018 that…

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0xAnn
Yard Couch

24/7 crypto observoor, chart watchoor, and decentralized tech addict. Also sharing trading notes and market predictions.