Trader Ansem: Consider Taking Profits and Holding Cash After Significant Gains

TechFlow reported on November 12 that trader Ansem said one way to cope with market volatility is to extend the investment horizon. If investors hold quality companies and assets over a multi-year period, short-term drawdowns may be easier to manage.

He believes the value of holding cash is often underestimated: after stocks, gold, silver, or other investments have generated significant returns, taking profits and keeping part of the funds in US dollars can increase flexibility, so investors do not need to remain fully invested at all times.

Source: TechFlow