Post
Topic
Board Trading Discussion
Re: Investing and Trading Strategies.
by
vennali
on 11/02/2021, 10:34:52 UTC
I guess there's many ways to do this. Let's say you invest £500. Your goal is to 10x you investments and happily pull out.
You invest in 5 coins. £100 each.

You track your investments and see that on your £500, you now are overall 100% up and see you have made £500, so £1000 in total.

Would you pull out £500 or would you leave it all in to grow to your 10x?

Any strategies here I can get to know?
It completely depends on the investment i'm holding and the news surrounding it. Also depends on how much I personally feel if the coin is worth than what the price currently is. As you can see, there are a ton of different factors that I'd consider. Which also includes the community and the dev team behind it all. If its just a yes or no question. I would HODL unless I absolutely need the money for personal spending.