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RE: VYB_POBSTREET 14-1-2022 #13: PROPER PORTFOLIO MANAGEMENT

I never think of savings while managing my crypto portfolios because there are too many projects with great potential I want to buy

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Eyeing too many potential projects can be dangerous in trading crypto.
This is for my experience I don't feel at ease if I see a new project and what happened to buy so instead I look into the one I have and wait for its time

Having a stop loss is a great tools in portfolio management.
Setting your stop loss and taking profit is very important because crypto would definitely reset after mooning so set your take profit

Eyeing too many potential projects can be dangerous in trading crypto.

Yes abut I still do it because any opportunity can come for capital or receive a huge airdrop and immediately buy what I have known instead of just making research

Didn't mean not to get knowledge on other projects but avoiding greediness of wanting to buy all

Differentiating between a long-term and a short-term trade.
If you can't figure out that then you will misbehave while trading

Instead differentiate long-term investment from your short time and put your long term into decentralized wallet and you can stake to help your discipline
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