I would't say sit back and relax today NEO was able to be bought comfortably at $12 and sold for $20 within minutes thats an amazing gain. Scared money makes slow money or no money. I'm not saying go in at anytime I'm saying watch trends and volume and news releases. It all makes sense. Also I suggest with this recent spike anyone holding crypto sell of the initial investment and only trade profits then you don't risk a technical loss.
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Nice trade. I was talking about new people to crypto.
Generally, I think there's an enormous difference between "scared money" and investors who got in early, or picked their comfortable entry point, or aren't interested in day trading, or have put in money they just want to let sit because it's a reasonable portion of their portfolio.
Slow money is fine for some. Greed is where risk and reward clash. It's not for everyone and quick hits or misses net out in the long run.. and some people just don't want to participate by their choice - not fear.
I agree on trends, sell the news, volume, chart indicators for entry points, but once you make your move, be at peace with it, especially once you trade profits only.