Many people tell wait and hold..pump is coming. But i see that Stratis going down without any signal of recovery. Sure, the price now is high respect the launch price but all investor are waiting an important increase pump because potential of Stratis is very big.
I know that the reason why about this generally dump is causated by 1 August BTC improvement, but i'm worried about this general uncertainty. I've many alt-coin that are loose his value.
What do you expect from now to end of this month on Stratis and also on other alt-coin?
I believe that Stratis is going double figures by the end of this year.
If you are still worried, then I believe that you simply have invested too much.
My personal 'investment mindset' goes as follows; When I invest on something, I think that "all that money is gone" - instantly - at the moment I press the button. It's just gone. I don't expect ever getting my money back. Not ever.
The reason why I have that sort of mindset is, that if markets fall and prices come crashing down - I dont panic sell - because I've already accepted to lose my initial investment budget. Secondly, if I feel fine to lose all of it right at the beginning - I know that I haven't invested too much.
Having that sort of mindset protects me from flash crashes and I don't need to worry about my money. Because I'm willing to lose it in the first place.
That's the practical example what "don't-invest-more-than-you-are-willing-to-lose" means.
Those who dare to fail miserably can achieve greatly. John F. KennedyOh, forgot to say...
I usually invest in the range of couple of thousand eur. Don't get me wrong, it is quite much for me, but will it be enough to last for the rest of my life? Heck no! But it has the potential to bring me tens of thousands, maybe even millions (if I'm very lucky). So what, if I lose couple of thousand trying...big deal.
I know that I have no regrets when I'm old.
When i buy, Stratis or other cryptos/tokens, i forgot my money, if you buy for long term. I even look the graphs, it's always up and down, this scares anyone. I think that Stratis will be "in value" like ETH or more.