#TariffHODL A Smart Strategy to Deal with Market Volatility
In the world of crypto, the term HODL is often repeated among traders and investors, and is used to denote holding cryptocurrencies instead of selling them during periods of volatility. But with the emergence of the concept of #TariffHodl, we are starting to see a new strategy that combines smart holding and risk management in the face of trading fees and price fluctuations.
What is #TariffHodl?
TariffHodl is a concept based on holding cryptocurrencies while taking into account trading costs and fees (Tariffs) that may affect profits. The basic idea is:
1. Avoid random trading: Instead of repeatedly entering and exiting the market, it is preferable to hold the digital asset for a longer period, which reduces trading costs and commissions.
2. Choose trades wisely: Trades are entered into based on careful analysis with fees in mind, so that they do not eat into profits in the long run.
3. Adapt to the market: In the event of sharp fluctuations, the strategy is adjusted without resorting to hasty selling that leads to losses due to fees.