You are viewing a single comment's thread from:

RE: Vlog 190: Another day, another correction. Diversify your portfolio to ride out the storms.

in #dtube7 years ago

It's not fun, but it's not painful when you just learn not to pay attention. Like you say in the title: another day, another correction.

As long as all of crypto is priced in BTC, this will happen.

I've learned somewhat that the best strategy is to not look at the charts whenever there's a red sea going on.

I just focus on other stuff.

Sure, the red days are buy days, but if you're not looking to buy, staring at the prices going down just makes you depressed.

It's not worth it, crypto is still young and all prices will go up eventually.

Sort:  

Yes, I agree 100%. Do stuff to occupy the mind when you are not looking to buy is good advice. I'm not buying atm, even at these prices, it needs to go much lower (and if not that's ok to). Having some money on the sidelines gives me options and time.