RE: Crypto for the Average: Getting out of an ALT coin

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Crypto for the Average: Getting out of an ALT coin

in xrp •  7 years ago 

I personally treat cryptos more similarly to stocks. Sure some people day trade, but I buy and hold trades/stocks/tokens/coins that I think have real long term value. Like XRP. I have some. It did go down recently, but I will continue to hold it because I think its a good position to have. Consider good position sizing as well, I dont care if it goes down as much because I invested an amount that doesn't turn my head or make me sweat if I lose it.

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Ok. I invested a bit too much. I try to be wise and not emotional trade,......but..... I'm human/a novice. Thanx.

I agree with you! We are all learning, those who say otherwise....well maybe they aren't learning....