If you're investing in bitcoin, you really need a good plan whether you're looking to make quick money or aiming for the long haul. Spreading your money across different things can help keep risks low so you dont lose big.
Plans are usually for the long hauls, so if we are only in for a quick buck, then it can be fine to not have a plan at all. Spreading is indeed one way to reduce risk but we won't just spread blindly here but we also need to think properly, to be able to pick up the best and profitable items. That should cover up our big expenses for doing spreads later on.
Don't let your feelings get the best of you, selling because you're freaked out or rushing into things can really mess things up. just stick with your plan, make little changes when you need to and you'll have a better chance at reaching your bitcoin money goals.
Why not? But we must also know what is good and bad for us, so obviously we only need to settle for the good ones. Rushing into things are not always wrong I believe. It only depends on the scenario and how knowledgeable we are. Yes, we can make some change if the plan is not doing well and we can't go for a big one easily even if we wanted to.