it's one method, but not for those who aren't really savvy traders. My first experience with crypto actually was a bit of a bummer, because I didn't Hodl. If I had hodl'd Ethereum, Bitcoin, Steem early on, etc., I would have been SET. Being active is very tough, but hopefully it is working well for you! :)
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In a way it is, I cut my losses quick and take profits fast. However when there's a sudden crash...which has more than necessary been the case, the loses are devastating. That's when I hodl till more favourable market conditions