I have learned consistency is the key. So if I am not sticking with my plan and I am inconsistent, how much damage will it be to me if I am like that?
That's why I am always with my plan and I'll wait if it succeeds before taking any actions and will go to plan B. But if nothing yet is happening, I'll be consistent to what I've planned.
And that is like holding until I can without any panic selling.
Holding Bitcoin is the best approach if an investor wants the minimum risk. And with plans, consistency is ok but we should always have an alternative option if the plan isn't working as expected. I agree that we must have a secondary plan and an alternative of it just in case the primary and secondary will not work in the given situation.
If there is nothing wrong with the plan, it is best to be consistent but once flaw is observed, I think it is much better to adjust to be able to fix that flaws seen on the plan. This is what we called adaption, if we are able to adapt and do necessary things that the scenario needed, we will find our selves successful in every investment venture we made.
I agree with that. Holding Bitcoin has been the best plan to stick to and people don't realize that until they miss the whole point of holding.
They're jealous with people bragging their profits with the altcoins that they have become lucky and then still, they don't get the whole thing out of it.
That's why they have to modify their plans because they don't stick to the plan and think that other's plan are way better than theirs.