Basically, in crypto I think you do have to at least always prepare yourself for every possible scenario...good scenarios like 10x profit, but also an outcome like 90% drop. I.e., if your strategy is hold then just hold whatever: even if it drops by a lot, if you still believe in the underlying value proposition, then it should recover after at some point and then heading back up. That's my own strategy with SP, btw.
Mm, but I did say.. :(
Basically, in crypto I think you do have to at least always prepare yourself for every possible scenario...good scenarios like 10x profit, but also an outcome like 90% drop. I.e., if your strategy is hold then just hold whatever: even if it drops by a lot, if you still believe in the underlying value proposition, then it should recover after at some point and then heading back up. That's my own strategy with SP, btw.