Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TrueCryptonaire
on 30/09/2016, 11:08:58 UTC
wow. i can't believe how many money has been lost with XMR. the price is going down and down and down. i missed the train and i am not sure if there really will be a second train. or where is the turning point? what do you think?

Your "loss" is someone elses profit. And if you don't sell for less than you paid, you too will profit. Unfortunately your timing was poor, to say the least and you are likely to be waiting some weeks (months?) before you see that profit. Read up on trading while you learn the reality of HODLing.


look at the graph, the only reason it isn't falling faster is due to noobs like me buying now after the price has fallen 40% http://coinmarketcap.com/currencies/monero/ i sold all mine now at a loss, i blame my adhd for my buys at 1350...1550

In order to avoid selling at loss it is recommended by the specialists that you do not store your coins in places it is easy to liquadate them. Just buy and hold outside of the exchanges.