Post
Topic
Board Speculation (Altcoins)
Re: how to manage losses?
by
magnum1010
on 09/08/2021, 13:51:28 UTC
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..

Being a long-term investor, I don’t care about short fluctuations, so I don’t worry when I see how my tokens are dropping, I just wait when it will be a drawdown and then I buy more.
What comes to diversification, I don’t think that it is possible to completely protect yourself from losses as all altcoins follow Bitcoin’s trend, nevertheless, it is a good strategy to follow trends as in hype things it is possible to earn even in bear market.