Post
Topic
Board Bitcoin Discussion
Re: If I had just hodl my bitcoins back a couple of months ago instead of trading
by
TimtheYoutuber
on 11/12/2017, 16:12:51 UTC
"
In every month there is something. The fear of losing money. How do you deal with this? Are you hodling your coins? Do you invest every month? Do you day trade?"



First of all, just because you would have made 4x, doesn't mean that it was a good investment based on your risk management. Bitcoin is very risky to invest in so I wouldn't recommend you put a large percent of your portfolio. It also doesn't seem like you are a "investor" and are risky more than you can afford to lose which is not good.

"Hodl" is a funny meme that we can all appreciate, but its not a good investment strategy to simply hold. You need to evaluate the market often as it changes, and depending on your evaluation and speculation holding might not be a good option. So merely investing with the plan on "hodling" is a terrible thing.


I invest whenever I see a good opportunity, and I rarely day trade. However if my risk management and evaluation line up then I might.