Is Everyone WRONG on the HODL Bitcoin Strategy? (3 methods to lower risk)
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Watch Alessio Rastani Video: Is Everyone WRONG on the HODL Bitcoin Strategy? (3 methods to lower risk).
Is everyone wrong on the HODL bitcoin strategy? (3 methods to lower risk). One of the most widely-used strategies and strongly believed ideas with regards to bitocoin is to HODL - meaning to "buy and hold" forever. But is this HODL strategy always a good idea or are there some major risks we should think about? This comes as Carl Runefelt of The Moon youtube channel recently expressed some regrets about not having sold bitcoin at near 69K. Carl mentioned that in the next major bull market he would very likely take profits. So we examine this idea and ask whether there any "objective" strategies on when to take profits. In this video I mention at least three very simple methods as to when one can ideally take profits during a major rally or bull market. #Bitcoin #BTC #AlessioRastani
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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
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