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Its much more safe to hodl than sell...

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by COINS NEWS 191 Views

It is much much safer to hodl and DCA than trying to time the market.

If you sell your BTC / Crypto and the price keeps shooting up, there is absolutly NOTHING you can do to fix that, u will have to re-enter at a higher price (depending on your portfolio size that could mean tremendous lossses), never enter again or hope the price goes down below your sell price.

If you hodl, and the price tanks, you can easily fix that, especially if you have a long enough timeframe.

When the price goes down, you can simply wait for it to recover and make your money back (unless its a shitcoin that might never recover), on top of that if you are confident with your project, you can buy more at discount.

Remember, bull markets make money, bear markets makes millionaires. So if you hodl, the worst case scenario is that you will be able to stack at a massive discount, wich could change your life.

If you sell and price shoots up and after a correction it doesnt come back down where you sold, that is nothing short of a nightmare.

It is much much safre to hodl and DCA than trying to time the market. You haave a chance to change your life, dont be greedy and think you can time the market. Every succesfull investor became succesful by holding, not selling.

submitted by /u/MrNotSoNiceGuy
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