Everyone loves talking about what to buy. Bitcoin, altcoins?
But what happens after you buy?
For a long time, my entire strategy was basically Hope, Hope, Hope
If the portfolio went up, great. If it went down, I will tell myself to zoom out. Then I realized I never really thought about what the money was supposed to do for me.
At what point does it improve your life? Create more freedom? Help you reach a goal? Reduce financial stress?
I think a lot of people spend time building an entry plan and almost none thinking about what comes next. One habit that helped me was writing down a thesis
Before buying: why I'm entering, what would change my mind, and what role this position plays in my portfolio. It doesn't mean selling at every pump. It just means having a framework instead of making decisions based on emotions.
Buying is easy. Knowing why you're holding is where things get interesting.
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