Don't Be a 'HODLE' HERO - Here's Profit Tactic Number One.
When your coins starts to head downwards what do you do?
Whether it's a best practice for you to become a HODLE Hero may also depend if you're a day trader or long term invested.
Is it considered unreasonable by the world to cut losses as soon as possible?
My best practice is to buy back at a lower price and then you'll end up with more units for the same original price.
You can implement this quick stop loss strategy to increase the quantity you own for the same amount of BTC or to purchase the same quantity for less BTC.
Why are so many traders unwilling to implement this?
Whatever your goal is this is a best practice you can employ and profit from.
This is how you can approach many market conditions and sentiment without getting punished with losses.
All it takes is the right action at the right time.
Thank you for reading this post because I hope it is helpful for you should you wish to profit more from cryptocurrency trading
If you think this is a helpful post for beginners to the crypto currency space, would you please upvote this because it will help me share more insights to success and profit with digital currencies.😋
All my hopes and dreams.
