HODLING FOR YOUR DEAR LIFE: DOES YOUR CHOICE OF INVESTMENT MATTER?

"Hodle for your dear life!" "Hodle for your dear!" This is a rallying cry in the crypto world. Every hodler, is a golden hand. One need to hodle (common term used in crypto space, born from a misspelled forum post in 2013 urging traders to hold their Bitcoin through volatility. "HODLE!") until it moons. Yes! This is also the same in life and real world Business, indicating patience and the ability to hold on to your investment and business engagement until it sticks.

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Of course not everyone possess the ability to hold unto an investment. It takes genuine determination and trust for a particular project, to keep holding all through difficult times, through ups and downs, through fears volatility, and pains for financial needs, yet you keep on hodling. It's not just trust, it's "LOYALTY".

One thing an investor need to know is that, when you are making an investment, You are not gambling with your funds, or just throwing money into a particular token; you are investing in a project, a company or an individual behind this project, thereby participating or involving deeply in the journey and progress of this project.

Therefore, every project has it ups and downs. So it is important to understand this by seizing time to study and acquire an adequate knowledge of the project you delegate your funds to. That is why the usual phrase, "Do Your Own Research" is very important. Your behavior towards this project and your investment during difficult times the project or company faces, defines your professional approach both you as a person and as an individual investor.

Absolutely! it really defines our professional approach, because both in life and on-chain, we pursue values. In the pursuit of these values, we face uncertainties, both in our personal lives and on-chain, While in the pursuit of these values, we face seasons and moments of chaotic experiences of which some have energy to weigh us down. But how we manage these situations reflect who we truly are.

DOES YOUR CHOICE OF INVESTMENT MATTER?

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Everyday, new investment opportunities are presented to us with enticing promises for juicy returns, but most lack commitment. So it is directly left for you to carefully detect what kind of investment will suit your financial needs and goals. In today's crypto landscape, the market is flooded with numerous projects and excessive token issuance, heightening the risk of financial loss. This raises a critical question: Does your choice of investment matter?

Very well! The process of carefully selecting an investment or crypto project to delegate your funds to, is very necessary. Meaning that one needs to consider somethings before investing money into the project. Selecting the right project can mean the difference between significant gains and devastating losses.

Like I said before, when investing in a project, you are not just, throwing money into some kind of token or stock, you are indirectly investing in the individual or the company behind this project. So it is needful to try to evaluate their claims like; "what are they doing?" "Are they putting efforts to deliver their promises?" "Are they working consistently to see the progress of this project?" "what are the challenges the project is facing at the moments?" "Are they transparent enough to discuss these challenges to their community?" "Are they taking difficult decisions of which sometimes could be unfavorable, but only to see to the progress of the project?" " Are they willing to pursue the progress of this project no matter what it takes?"

Now if you find answers to the questions above, then you are probably in a good position to make a better choice of investment for yourself.

Thank you for reading!

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I appreciate your reading to this point, I wish you a very good and lovely day ahead. Cheers!