Step 2 Balloon tassels - Using 1/4 of a strip, begin to wrap your “pinch” in place. Secure the strip with a dab of hot glue. - To add tassels to a balloon: hot glue as many tassels as you’d like to a piece of decorative string. Tie the string to your balloon and PARTY! This way you can remove the string and save it for another balloon!