Re: Altcoins are all down, so how do traders make their earnings?
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 
All my coins are in bloody red, I have negative -20% to -30% profit. Please suggest something.
They eventually earnin some coins i would say i earn from draco and other shitcoins that were suddenly pump then play with the market but in your case you need to wait until the price become normal after august 1 .just keep holding now and save your bitcoins in a hardwallet. All my coins are in bloody red, I have negative -20% to -30% profit. Please suggest something.Yeah just try to have patience and look at the bigger picture. Though your entry point is at a quite expensive price, the future is still before ua and i'm pretty confident that btc will bounce back. As per traders, i think the most experienced ones still are able to earn from altcoins even though they're down most of the time. These people can observe fluctuations pretty well and can take advantage of any changes in the altcoin market
Yup who is having more experience in trading they are still doing trading and making a profit. But the normal traders and newbies are stopped to do trading. And they are holding coins for next month pump. I think most of the people are stopped buy and sell business all are waiting for August 1st effect.