Try to avoid "Hodler's bias" - It's helpful to look at every coin in your portfolio and ask yourself: If I had the cash equivalent today, how would I invest it? If the answer is anything other than the buy the coin you currently own, then you should trade for the coin you would buy today.

For exanple: Your Moons are currently worth $100. If someone gave you $100 to invest in any cryptocurrency you want, would you buy $100 of Moons? If not, why are you still holding them?It's easy to hold onto a coin simply because we already have it, but it's not a rational investment decision.This is especially true of coins that have lost value. I held onto my (I'll be kind and call them "low market cap alt coins") for too long simply because I wanted to break even. Don't be afraid to take a loss and move that money into a more promising investment.

Submitted January 13, 2021 at 10:35PM