//If you are down 90% and still HODLing, read on…

If you are down 90% and still HODLing, read on…

It’s just an opinion piece and not a financial advise.Imagine you invested $10K sometime around peak and are left with just $1K now. If you held through, you have no plans to sell for loss now and willing to wait for 2-5 yrs, then here’s the simple formula.Double your current investment value, ie invest $1K more now.If this whole thing blows up and you end losing everything for good in the long term, then you lose $11K instead of $10K. Small price to pay.Now imagine the upside if this works out. When this goes back to previous highs, you not only recover your original investment value but will in fact double it. You can either take your initial investment out at that time and just let the rest ride for however long you want with a great peace of mind.But let’s say it goes up but not to previous highs. You still make double the money compared to what you make by just holding what is left. And your breakeven point now is just half way mark to previous highs. How nice !!Now – imagine tripling it instead of doubling. A bit more price to pay (if everything blows up) for a decent chance of tripling your overall investment. But don’t go beyond tripling as you start risking more capital and is provably not worth it.

It’s just an opinion piece and not a financial advise.

Imagine you invested $10K sometime around peak and are left with just $1K now. If you held through, you have no plans to sell for loss now and willing to wait for 2-5 yrs, then here’s the simple formula.

Double your current investment value, ie invest $1K more now.

If this whole thing blows up and you end losing everything for good in the long term, then you lose $11K instead of $10K. Small price to pay.

Now imagine the upside if this works out. When this goes back to previous highs, you not only recover your original investment value but will in fact double it. You can either take your initial investment out at that time and just let the rest ride for however long you want with a great peace of mind.

But let’s say it goes up but not to previous highs. You still make double the money compared to what you make by just holding what is left. And your breakeven point now is just half way mark to previous highs. How nice !!

Now – imagine tripling it instead of doubling. A bit more price to pay (if everything blows up) for a decent chance of tripling your overall investment. But don’t go beyond tripling as you start risking more capital and is provably not worth it.