Post
Topic
Board Trading Discussion
Re: Altcoins are all down, so how do traders make their earnings?
by
btc_angela
on 10/07/2017, 17:31:19 UTC
Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever Sad All my coins are in bloody red, I have negative -20%  to -30% profit. Please suggest something.


The best option for now is to hold your altcoins because if you panic and sell it now I'm assure that you'll only lose your money. It just temporarily so you don't need to panic and be patient because patient is virtue. In this situation you must be wise on what will do upon your coins.

I guess casual investors like us becomes very emotional and panic upon seeing red on our investment portfolio. So its really hard not to get disappointed in it. But the option we got is to hold on and be wise on our decision. Because we may regret if we sell today when we see tomorrow that the price has rise up. So its better to hold and not panic and of course be patient.