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RE: When Is The Right Time To Get Out Of Crypto?

in #trading7 years ago

Your losses on a trade or even if you’re holding for a log time, aren’t realized until you sell them

This! What people don't realize is that they only lose the money when they sell the coin to buy another one, i had my money go from 4$ to 2$ per coin, and i still haven't sold them, sooner or later the price will go up.
Just invest in cryptos that you research and hodl until december at least.

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Exactly, that’s what i have learned. The only way i would sell now is if i believed another coin would 2x in the coming days. I’m holding the coins i have currently until April at least then ill reevaluate my portfolio. But I’m also going to add more coins between now and then

I’m big on diversification. Many coins are better than 1 coin.

I try to buy 1 new coin ea month, atm i have XLM;TRX;IOTA;ETH;ENG;VEN;, my next buys, still dont know the orders, are NEO;ELF;CAPPS:REF;NAS;EOS
Also check out refereum, good ICO with huge partnerships with fornite and twitch,about to be launched, you can farm points atm easily to get free refereum later, i will give you my referral if you want you can use it https://refereum.com/?refid=teutonium