The wrong habit or holding crypto bags

The wrong habit or holding crypto bags

By Ticktalker | ticktalker'sblog | 30 Nov 2023


The crypto market is so fast and ever-changing, marrying your bag is the best way to fail.

 

What you need is

• open-mindness

• humility

• emotion analysis

 

Most would do well to remember that a portfolio is an ever changing process.

 

We invest based on what we know 𝐭𝐨𝐝𝐚𝐲.

 

Tomorrow, next month, next year,... New information might have come to light.

 

Old projects fade from relevance or simply didn't uphold our initial promise.

 

The liquidity in capital they held can still be used for new and better ones.

 

Or you simply had a winning trade and it was time to move on.

 

Failing to dynamically alter your portfolio occasionally usually doesn't end well. Portfolios are like the four seasons forever changing in the weather.

 

For me the only reason to invest is relevance. That should be the base. Not hype. Fomo will follow when relevance is clear. Hodl indefinitely is not a winning strategy, last months clearly showed this. Being reactive to adapt is essential.

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Ticktalker
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I am a comic relief content creator and web3 enthusiast, I write contents to share things I learn and research about.


ticktalker'sblog
ticktalker'sblog

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