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RE: Here Are 3 Things We Can Learn From The Recent Crypto-Crash

in #cryptocurrency7 years ago

and i would'nt call this a crash.

well, it's semantics. I used the term crash and even added massive to put emphasis on my concluding points. however I do agree with you that the market is just in a correction phase (regardless whether it's healthy or not). The above points are meant for a general trading strategies that you might want to consider.

It really depends if you are trading crypto or investing in cryptocurrency.

Yes, certainly! that is why during your Goal Setting phase before even starting, you should identify which is which.

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Oh please don't get me wrong, I was not trying to undermine you. These are good points for a person who is new to trading Cryptocurrencies.

I personally divide my funds into swing and day trading. So that I have a clear understanding as to which I'm planning to HODL and the funds I'm planning to trade. I completely agree with the diversification of our portfolio and developing a strategy and sticking to it till the end.

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