Post
Topic
Board Altcoin Discussion
Re: Don't punic, just hodl
by
martinex
on 30/08/2023, 04:48:19 UTC
Panic is normal when you see your invested altcoins keep losing values due to correction. It'll affect you more if you bought shitcoins cause they dump more than predict. But The simple solution is, invest only extra capital in crypto industry that you can afford to lose and considered it as secondary source of income. Otherwise it difficult to control mind during correction.  Thus its possible to hold those holded altcoins for long timeframe

Until when? and that is always a big question for everyone who is new to investing. Especially if you see that the price is falling, unless it has been hit several times by tidal waves of the crypto sea. if it's new and comes in with big capital to buy shitcoint, the effect is yes. seasick of course.

In my opinion, calm is needed in investing and holding for some time is needed as you said with a very clear record of options and don't experiment too much with the assumption that a little loss is normal. Yes. hopefully more educated in crypto investing for 2024 which is only 3 months away.