I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
Hi ther Souter!
First of all, how do you intend to set stop losses on your hodlings? There's a lot more into it than meet the eye.
I know how difficult the past few months has been, we all witnessed a severe downhill of all cryptocurencies out there. But how do you intend to protect your capital? These are questions that will be relevant for us to give you our suggestions.
It would be best to hear more of your thoughts specific with planned course of action.
And right at this moment, the only best advice (should you have more capital with you) is to buy low whenever possible.