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RE: I am not a Trader. I am not a HODLer

in LeoFinance3 years ago

In my opinion, if you buy BTC or ETH at your desired amounts and hodl (or just as much as you can) for the next year or so, you'll be much better than if you tried to time the market.

My recommendation.

Keep a ~90% of your portfolio in coins that you're fine holding. BTC, ETH and LEO are good candidates IMHO.

Use the remaining ~10% (even less) to LEARN how to trade (considering yourself a noob).

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Thanks for your suggestion. I will hold from now on.

I definitely regret not holding on to BTC and ETH. Does it matter which coin you choose to learn how to trade? Does it have to ETH or BTC?

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Well, BTC and ETH have the most liquidity. If you want to learn how to trade from a technical standpoint the best would be to try with forex and a demo account (I don't like demo accounts btw).

But obviously, you can trade any coin with enough liquidity :)

Ah, and I forget to mention that I recommend trading 'only' 10% of your portfolio to avoid (in some manner) FOMO and FUD sentiments.

Good luck :)

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A great suggestion. I will focus on one of the altcoins so that i can make profits and invest on BTC. Yeah, 10% of my portfolio 😊💯

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