10-08-2021, 10:45 PM
Financial Advice - JUST DO NOTHING
<!-- SC_OFF --><div class="md"><p>The best investing strategy is and will always be BUY and do absolutely NOTHING. You may hear stories of people trading their way to riches, but that only happens to less than 1% of people and my guess is their luck eventually begins to run out and they end up back where they started.</p> <p>Time in the market is better than timing the market. There is a reason most actively managed portfolios rarely beat passively invested ETF portfolios.</p> <p>Invest for the long term and not the short term. Don't make emotional irrational trades when your coin moves 20% in a day and panic sell. JUST DO NOTHING.</p> <p>Not only does this give historically greater gains, but it is a much less stressful strategy as well.</p> <p>#HODL</p> <p>Edit - Remember to stake before HODLing - thanks <a href="https://www.reddit.com/user/bannaripple/"><strong>bannaripple</strong></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dschaez"> /u/dschaez </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q44lz4/financial_advice_just_do_nothing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q44lz4/financial_advice_just_do_nothing/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The best investing strategy is and will always be BUY and do absolutely NOTHING. You may hear stories of people trading their way to riches, but that only happens to less than 1% of people and my guess is their luck eventually begins to run out and they end up back where they started.</p> <p>Time in the market is better than timing the market. There is a reason most actively managed portfolios rarely beat passively invested ETF portfolios.</p> <p>Invest for the long term and not the short term. Don't make emotional irrational trades when your coin moves 20% in a day and panic sell. JUST DO NOTHING.</p> <p>Not only does this give historically greater gains, but it is a much less stressful strategy as well.</p> <p>#HODL</p> <p>Edit - Remember to stake before HODLing - thanks <a href="https://www.reddit.com/user/bannaripple/"><strong>bannaripple</strong></a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/dschaez"> /u/dschaez </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q44lz4/financial_advice_just_do_nothing/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/q44lz4/financial_advice_just_do_nothing/">[comments]</a></span>Kind Regards R