Sunday Thoughts - hodl or trading? Follow the rules!

Sunday Thoughts - hodl or trading? Follow the rules!

By renabs94 | Crypto_travel | 16 Feb 2020


Better to trade or better to hold? This I think is the eternal question that every crypto owner takes, especially when there are strong price movements such as those of Thursday 13 February. A question that I have always asked myself and to which perhaps I have found an answer: rules. Thanks to the rules you will be able to both hold and trade. Do you want an example? I myself have rules. For certain types of crypto, of which I know well fundamental aspects and collaborations in the real world, I forced myself to hold, at least until they reach at least a 50x and I am aware it will take years, but I have studied them and I am sure. On other crypto instead, those under study or which I believe with excellent fundamentals but few applications in real life, I give myself rules for both gain and losses, in order to limit the risk as much as possible.


My advice, from a person who has seen many in the crypto world including a scam recently, is to give you rules, so you can act objectively, without being made by emotional decisions that too often influence our way to act. Don't get caught in FOMO, by the FUD, don't get caught in fear or euphoria, you have rules, follow them!

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Having said that, my advice is first of all to inform you and be patient. You won't make thousands of dollars in a day, but maybe in years and with the right rules you can also limit the damages. Always remember that this world is driven by scarcity, use and speculation, do not get caught emotionally and do not become attached.


From the bottom of my heart, I wish everyone to have luck and set rules, in case they don't.


If you have other thoughts or doubts in the crypto world, let me know in the comments, it could be a starting point for the next Sunday Thought.


renabs94
renabs94

italian guy, love reading and looking forward


Crypto_travel
Crypto_travel

we will try to investigate where and how you can use Crypto to travel. Tavel also intended luke a trip in the world of crypto and decentralized finance, which we will try to discover together.

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