Never Panic Sell

in LeoFinance4 years ago

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Hive went down to under 75 cents but it has bounced back. Imagine how you'd feel if you had panic sold your HIVE yesterday.

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Don't trade geopolitical events. When you see the headlines, most of the price action is likely to have already happened. You create tax events and complicate your accounting needlessly. You also stand to lose money when you panic buy back. Plan for every likely scenario and stick to your plans. Don't forget to take a bit of profit, if the price spikes.

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Sticking to your own plans is very important in this thing of ours. Basically for every events lies an opportunity.

yeah, I didn't sell, I bought in these days instead

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