Hold your conviction bags: a smart approach to chasing assets
In the fast-paced world of crypto trading, it's easy to get caught up in the chase for the next big rise. Social media is flooded with charts, predictions, and hype, tempting even the most disciplined traders to change their positions. But before you succumb to FOMO on the latest running asset, here's what to remember: if you have convictions, hold onto them tightly.
Conviction bags are tokens that you have researched, believe in, and are willing to hold through market noise. These are not just random plays - they are your long-term bets on where this space is heading. Leaving them too early for something shiny could cost you real gains.
Now, that doesn't mean you shouldn't explore new opportunities. You can still play on quick movements - but do it with separate capital. Create a reserve fund specifically for these risky, short-term plays. This way, your core assets will remain intact and continue to ride the wave of long-term growth.
The key is discipline. Don't let every green candle distract you. Stick to your strategy, allocate resources wisely, and remember that sometimes the biggest gains come from patience, not panic.
Stay smart, stay strategic, and don't trade your convictions for immediate gratification.