IN CRYPTO YOU PRETTY MUCH HAVE TWO CHOICES, TO GAMBLE OR TO HODL!
In this wildly fluctuating market it takes nerves of steel to make big bold trading moves. In the blink of an eye the market can change direction, like a flock of birds in the wind.
That's why it's best to have a strategy, because any sort of strategy is better than no strategy.
When I entered the market in 2017 I decided that it was going to be a 12 month play no matter what and in that time there have been some incredible ups and gobsmacking downs.
But it was my commitment to the 12 month game plan that have kept me level headed in times when others were breaking out in the 'crypto sweats'.
Fundamentally, you're investing in technology and just like mobile phones and the internet before it, blockchain is going to take some time to hit its straps.
With that in mind, a long term HODLers game plan is the wisest move in my opinion, because in the short term, erratic trading and wild market swings can send you broke fast.
It's times like these when institutional investors are using their power to shake out all the pretenders and cash in on nervous traders.
So do yourselves a favour friends and HODL you'll be rewarded in the long run.
CCL