RE: Here Are 3 Things We Can Learn From The Recent Crypto-Crash by noisyboy

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cryptocurrency · @noisyboy · Jan 22 '18

I disagree on few points. Well honestly, It really depends if you are trading crypto or investing in cryptocurrency.
If you are investing in the project and trust the blockchain technology, the small corrections should never really matter.
If you get a good entry and trust the project rather hold it where the long corrections do not hurt you. Rather taking profits for a mere 2x or 3x as late entry esp in  the crypto market at a higher price would be far risky.

and i would'nt call this a crash. Let's just consider ADABTC for eg:

![Untitled.jpg](https://steemitimages.com/DQmTeALuWuFA8URHBVyVwZ76pN5qL4V1M3MesRRdBwAqjxL/Untitled.jpg)

**That's just a perfect correction.**

👍 folken, acdevan

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@p2port.com · Jan 22 '18

![](https://steemitimages.com/DQmS5CSN2MQcEexJDbSxnDZo6PF3NdTXaZiyAzdMUW1ah6K/image.png)

BTFD + HODL = profits! 

as long as global QE printing is going on you should accumulate assets! Period!

👍 p2port.com

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@noisyboy · Jan 23 '18

True that brother!

👍 p2port.com

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@precise · Jan 22 '18

What's your Risk Management Plan?

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@p2port.com · Jan 22 '18

Thanx for your question, Precise!
Cryptos - in its essence is a form of venture financing (PE type investment)...based on this fact, investors should understand that there is a chance of losing their investment entirely or multiply it by X - XXX times. To diminish our risk we try to select long-term crypto gems by conducting rigorous analysis on core fundamentals.  We encourage any investors to do the same, as well as to your free funds to your investments from time to time (e.g. monthly).
In addition, you can rebalance your holding monthly or quarterly according to your original % structure

👍 p2port.com

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@precise · Jan 22 '18

>and i would'nt call this a crash. 

well, it's semantics. I used the term **crash** and even added **massive** to put emphasis on my concluding points. however I do agree with you that the market is just in a *correction phase* (regardless whether it's healthy or not). The above points are meant for a general trading strategies that you might want to consider. 

>It really depends if you are trading crypto or investing in cryptocurrency.

Yes, certainly! that is why during your **Goal Setting phase** before even starting, you should identify which is which.

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@noisyboy · Jan 23 '18 (edited)

Oh please don't get me wrong, I was not trying to undermine you. These are good points for a person who is new to trading Cryptocurrencies.

I personally divide my funds into swing and day trading. So that I have a clear understanding as to which I'm planning to HODL and the funds I'm planning to trade. I completely agree with the diversification of our portfolio and developing a strategy and sticking to it till the end.

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