Post
Topic
Board Altcoin Discussion
Re: Mistakes hodlers make
by
rchstr
on 11/05/2019, 01:58:39 UTC
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low


For me the common mistakes hodlers or traders make is that they are very loyal the a certain coin that they dont take advantage of it's price. What I mean is

that they dont sell on peak even a little portion of their portfolio and then buy back when the price goes down. In that case you can accumulate more quantity

of coins you are holding and thats a good thing. more coins you are holding than before. Also cost averaging over the quantity you are holding may give you

a little profit with little risk.