To grow a $5,000 investment in Bitcoin or Ripple to $15,000, investors should focus not only on asset performance but also on strategy and psychological factors. Key strategies include avoiding large purchases during market peaks due to fear of missing out (FOMO); understanding the long-term investment philosophy of holding for more than five years; and using dollar-cost averaging to automate purchases and reduce volatility.
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To grow a $5,000 investment in Bitcoin or Ripple to $15,000, investors should focus not only on asset performance but also on strategy and psychological factors. Key strategies include avoiding large purchases during market peaks due to fear of missing out (FOMO); understanding the long-term investment philosophy of holding for more than five years; and using dollar-cost averaging to automate purchases and reduce volatility.