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RE: How to Get Over the Fear of Losing Money Trading Crypto

in #trading7 years ago

Many great advices in this article. I also dislike this idea of HODL in crypto community. Many private trading rooms also ask their followers to keep the money in one stock for weeks to hope for a return. If shit is about to hit the fan it's better to respond fast rather than wait and hope.

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That is my experience as well, if you trade shorter terms, selling should be faster. If you're in for the long game, you can be slower. Also keep in mind that many of these communities ask their followers to stay with a coin because then their community can "hold" the supply. They use you.