Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
The most profitable thing to do in falling markets is to sell what you have and buy it back when it is cheaper. However, this comes with great risks and is definitely not for relative newbies (including me!). I prefer to invest rather than trade, so my tactic in falling markets is to research great projects and forget about the price for a while