🤔 Can you have a plan with such volatile assets like cryptos? I ANSWER A FOLLOWER
Great question 🙌 and the truth is yes, you can have a plan, even with a market as crazy as crypto.
The key is to adapt the strategy to the volatility, not to fight against it.
📌 Some ideas that work for me:
1️⃣ Diversify → don't put everything in one crypto.
2️⃣ Define investment horizons → what is for the short term, what is for the long term.
3️⃣ Take Profit & Stop Loss 🎯 → know when to exit, whether you win or lose.
4️⃣ Risk management → don't invest more than you can afford to lose.
5️⃣ Discipline → the market will always try to take you off your plan, but the one who wins is the one who stays firm.
⚡ Moral:
Volatility is not an enemy… it is precisely the reason why great profits can be made 💸.
The difference between losing or winning lies in having a clear plan and sticking to it.
👉 What about you? Do you already have a defined strategy or are you still improvising in every trade?