March 2019
Intermediate to advanced
352 pages
8h 24m
English
Content preview from Cryptocurrency Investing For Dummies
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 23
Ten Possible Moves When Your Crypto Portfolio Is Down
IN THIS CHAPTER
Reconsidering your investment approach or amount
Surveying what’s going on behind the scenes
Whether you’re a short-term trader or a long-term investor, at times you find your crypto portfolio in the red zone with one or more of your holdings moving against you. Before you know it, you can find yourself in a FUD situation (crypto talk for fear, uncertainty, and doubt), which can become incredibly frustrating and can contribute to your making an emotional decision rather than executing a well-thought-out strategy. This chapter covers ten potential next steps when the market isn’t on your side.
Do Nothing
In most cases, patience is a profitable virtue. If you got into a specific position after doing a thorough analysis from all points of the Invest Diva Diamond Analysis, or IDDA (see Chapter 9), chances are the current dip in the market is temporary. If you give it time, you may find yourself in positive territory again. Even the toughest markets find their way back up again if you wait long enough.
Of course, the cryptocurrency market is very new and hasn’t shown enough evidence to prove that it follows the sentiment of other markets like the stock market. However, because most investors categorize ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.