Post
Topic
Board Trading Discussion
Re: Smart hodling vs just hodling
by
SummerBliss
on 07/10/2019, 12:00:57 UTC
April 1st signaled the start of what seemed would be yet another bull run… however, the rally seems to have been cut short without getting close to the all-time high.

What do you think would be a smarter way of hodling bitcoin other than standing still, bag in hand, while watching the price go back down to the $3K range?


The problem with hodlers are that they blindly trust Bitcoin. You can't just put X money on any random day and expect your investment to go to 2X after a while. Investing in Bitcoin requires deep-laid strategy else you may lose money due to dynamism of Bitcoin's price.
So to become smart investor, it is required that you keep changing your position after a while. With USDT coming to play, changing situation have become easier than ever. Rather than keeping your money in solely in BTC, try chasing rallies and sell at higher prices, then again return to your position during correction by buying at cheaper price.