You are viewing a single comment's thread from:

RE: My First Self Reward from Bitcoin

in #bitcon4 years ago

For anyone out there, if you’re just get started in HODLING crypto. You should HODL tight. Don’t invest or trade on coins. But invest in the ideology of the coin. You nyeed a strong faith in the ideology of any coin you invested to gain significantly.

This is something even I learnt, of course, the hard way.
I used to do scalping and all, back in 2016-2017, tried to take advantage of every move, when I was new in cryptos, got huge profits in the bull run, but ended up getting burnt badly in the bear market.

Though I still sometimes keep a small percentage of my holdings for trading in long timeframes; I usually sell that small part whenever I see too much euphoria in the markets, and again buy back whenever there's too much FUD, but there isnt necessarily any scale to time the markets :)