As the holiday season approaches and 2021 draws to a close, it may be an opportune time for us to wind down, reset ourselves and make a considerable effort to center ourselves in the midst of the crypto contagion.

I thought it would be a good idea to prepare my mind and soul for the long and gruelling task of HODLing by framing this journey in terms of mindsets. First, to equip myself with the growth mindset. Believing that I have the capacity to learn in spite of all my personal and professional responsibilities assailing me will motivate me to try new things. I will also not be deterred by losing money to projects that don’t work out.

Secondly, it is easy to stick to the tried and tested way of accumulating BTC and ETH, but doing the same thing repeatedly may induce a feeling of fatigue. Hence, I hope to have an inquisitive mindset so that I will always be curious about things that I don’t know. Specifically, I’m looking into the prospect of staking. Recently, thanks to posts from Redditors, I have delegated some $ATOM in my Keplr wallet. Currently looking into other methods of staking/delegating. Perhaps I will embark on ADA and/or Tezos next. Delegating ADA in a Yoroi wallet seems to be the method adopted by many a Redditor - and I might just follow suit in 2023.

Lastly, an entrepreneurial mindset. Now that I learnt how to list NFTs on OpenSea, I hope to take it one step further and mint my own NFTs there. Just learnt about how the ‘create’ function on OpenSea empowers one to mint AI-generated artworks. Can’t wait to try that out for myself!

So this is how I intend to march into 2023 - by having a growth, inquisitive and entrepreneurial mindset. What other mindsets do you think are necessary for a successful crypto investor?

originally posted on r/cryptocurrency