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Re: Solution to overcome panic
by
carlbreezy
on 29/03/2018, 10:54:23 UTC
I have another view. I prefer a solution for not having panic rather than one for overcoming it.

1)   Do a lot of research about the asset you are going to buy before you buy it and decide to buy it for its fundamentals and long-term perspectives.
2)   Only invest money you can afford to lose.
3)   Diversify.
4)   Don’t have more than 25% of your portfolio in high-risk assets like bitcoin.

Those are basically my points. With those I yawn in markets like the current ones.


#3 and #4. My rule of thumb, whether in crypto or stocks, is that i maintain 10-20% per position of my total portfolio.