Post
Topic
Board Trading Discussion
Re: How do you deal with loss?
by
Raven91
on 09/05/2017, 06:57:19 UTC
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

It depends on the coin. If a coin is a hype, I don't wait until my coin get devalued. However, if I see my coin has a huge support and I believe it has a godo future, i will never stop holding it until I reach my TP.