You are viewing a single comment's thread from:

RE: Survival & Accumulating: Should You Experiment During Bearish Situations?

in LeoFinance2 years ago

I have to agree you should be focused on minimizing losses during bear markets. If you lose 20% of your portfolio, you need 25% profits to go back to where you originally started. Especially when the trend is pointing downwards, you should be mindful of what you should do to keep your portfolio intact. If that means cutting off some of the riskier assets, then I would do so.

Posted Using LeoFinance Beta

Sort:  

If that means cutting off some of the riskier assets, then I would do so.

I have actually cut off some of my riskier holdings and this is to prevent myself from incurring some unnecessary losses along the way. I think everyone should be planning to avoid losing unnecessarily survival is the goal if we enter a full fledge bear market.

Posted Using LeoFinance Beta