Post
Topic
Board Bitcoin Discussion
Re: Perspective about HODL.
by
Bitman73
on 27/06/2018, 22:20:20 UTC
When I first got into Crypto HODL'ing was said to be the correct theory and way of doing things but i've learnt simply hodling means you miss so much opportunity for profit by being over greedy. You could have bought BTC at $4k and hodl'ed all the way today to $6k, missing out on $16k profit.

I now have 2 methods to live by

1. Never get greedy and take a profit when you can
2. Never be afraid to cut your losses if you feel market sentiment is against you. I bought ARDR at $0.80c and sold at $0.60, given the start of the bear trend... now it's what? 18 cents?