Crypto Secrets: Top Five Rules No one Tells You.

4 DON’T HODL

HODL right? That’s what we are told to do. Just HOLD and we are all going to make it. Nope. Outside of Bitcoin and maybe Etherum, you cannot blindly HODL a project. There is no guarantee it is going to make it or that it will be around in the next five years. The altcoin space is incredibly volatile, which is great for exponential gains but can also get you wrecked if you blindly hold onto your bags.

You need to stop falling in love with a project. Oh ‘but the tech is so good or ‘the founder is a genius’ I hear you cry. I don’t care. You need to stop holding your bags for years and take profits when you can. Taking profits is not only essential to de-risk yourself, it is also a great way to release capital to invest in other projects. I recently wrote a thread on taking profits, which seemed to be popular, which you can read below.