Post
Topic
Board Trading Discussion
Re: You don't need to hodl a particular coin all your life
by
Franctoshi
on 05/08/2022, 07:31:37 UTC
How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear  Grin
I definitely agree with you and I have had this experience many times trying to HODL a Particular coin on the process the market will come back to the price I got in and even go down lower. after this several experiences I had I really changed my strategy. so as trader and investors that has been in the market and have studied market behavior for quite sometime , there are signs I see in the market  then I will start taking some profits out of the market but for my Bitcoin holdings what I do is sell off only 50 of my portfolio and get ready for any dips in the market because market always moves in circle regardless of the coin.