Don’t just HODL blindly because people on the Internet told you to do so. Set yourself a target price & take profit when you reach it!
![](https://darkfibermines.com/wp-content/uploads/2021/03/LEYWM5R1wB9Ukfwpp_tc4hbqNaPzWoJ2Ch26bPa1zp8.png)
I'm sure this will get downvoted but if you have entered crypto with the hopes of making some profit ignore the cult like mentality of holding indefinitely and set yourself a price target at which you would be happy to take some profit.
Holding long term has always been a solid tactic but to hold with no exit plan or target is just barmy.
Whether it be a specific price target or a multiplication of your holdings think about which point you would be happy to take profit and stick to it.
For me personally whenever an investment makes 3x I cash out two thirds doubling my initial investment and then hold the last third in the hope that it does it again.
submitted by /u/AvidasOfficial
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