Quote from: Absentis on September 18, 2017, 02:30:53 AM

Quote from: Poink on September 06, 2017, 08:33:26 PM

I am new and jumped all in...what I lack is exit strategy.

Not a full EXIT but to secure some of your "gains" to real earnings. OR...where/how to convert to cash when you expect a major dive so you can re-purchase when it is low.

Anyone have good tips when and how you do it?

The win win strategy is Just invest the amount only what you think you can afford to lost. If you lost this investment then it will not hurt you because you already declared that amount lost is nothing but if it will sucess then you will earn suprisingly unexpectedly in that would be great.

That is only true for gambling since you know that is an activity that is not going to give you profits, no one in the history of investment has invested money thinking they are going to lose, they all think they have made their due diligence and are sure the crypto they choose to invest their money is going to be a winner, besides investing only what you can afford to lose is not going to be enough if you have plans like having a comfortable retirement.