Quote from: Oktorok on July 08, 2017, 07:55:08 AM

Thanks for the explanation. So during these bearish times and we are holding multiple bags, do we just hold on to these and we expect they will all eventually recover?

That's how I traded before, and I know that a lot of veteran resellers do the same. The advice was always "HODL" during the bear market, and it has worked out so far. Recent versions of Gunbot are less prone to "holding bags" anyways.

Quote from: Oktorok on July 08, 2017, 07:55:08 AM

When should we decide is appropriate time to sell at a loss? I assume bot doesn't do this (except for security margin feature which is manual cut off). Hoping you can advise.

That's always open for debate. There is no right answer that works out for every currency, in every situation and for everyone. You either *risk* hoping for a recovery, or you cut your losses and hope to get back the capital with trading. I've seen people hold things that went down 30-50% and eventually recovered.