how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..
At the moment I also lost a lot of money, due to the high price correction. However I made short term trades to cover those losses. And this takes a long time to cover losses if crypto prices don't increase.
doing both trades could be our strategy to maintain our balance amount, one account for long term investment and another account used for daily trade. Rare people doing this strategy , maybe most of them only focus on one part.
Yes, and because of that I myself very often place my trades in three different coins at the same time, because when one coin can't give me a good profit, then I can still make a profit on the other two coins even though it's not that big, meaning that it can help me to last a long time in trading
diversif assets will help us when market have bad condition. Put all assets in single portofolio will be dangerous if we didnt ready to hold for long time when its value decrease alot.