There is a fair chance that the lot of what many of us call our crypto portfolio wasn't by choice. It was either simply handed to us by circumstance or we made purchases based on financial capacity. The fact remains that as long as you possess a tangible amount of crypto then you are an investor, but there is always a tendency to imagine that we can do better with the portfolios we own.

A lot of us start off with the portfolios we don't want and end up purchasing the ones we do want over time. This is largely as a result of gaining some success over the initial holdings that enable us better diversify. It isn't the likeliest scenario though that those of us who hold any random assets will suddenly find financial success, as many are more prompted to fail.

Take for instance the case of airdrops simply handed out to potential users. In most cases those projects are likely not going to be successful, and participating in one airdrop after the other is not a guarantee to crypto success. We can indeed have a pile of shitcoins at our disposal.

Without mincing words, the assets we do decide to consciously hold and build are very impressive and will likely go a long way to determine our crypto success or not. There are several factors to consider when selecting an asset, but I believe it is important to at least consider quite a few of them.

Long Haul vs Short

A lot of people subconsciously decide on the projects they want with the simple question on what type of investor one wants to be like. Long term or short term? Many who seek immediate profits will likely invest in new, random projects with the aim of getting that early spike and cashing out.

Those who go long are likely to invest in either more established projects, or projects with potential. There is a bit of reverence for value with those who go long as you can never predict how the space fares over the course of time. Going long has the potential to pay off more but it seems to possess more uncertainty especially with passing time.

We also have other factors to consider like the value of a project but that can be sub categorized under the long vs short haul mode of investment. Whatever type of investor we want to be is okay, but we must realize that it is possible to be a part of the crypto revolution and miss out on the benefits of onboarding early. Choose wisely.

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