Quote from: South Park on July 21, 2017, 05:11:08 PM

Quote from: pueblos on July 19, 2017, 10:47:56 PM

Im a noob and suggest other noobs to just stay the fuck away from trading if your not an expert in such bearish times. I thought i could be mr. wise guy and and make profits if i switch from btc to altcoins and so on, but i would have made much less loss if i just hodl my starting portfolio. Anyway, learned my lesson and now holding my alt- and shitcoins and hope for the best.

If you do not know what you are doing then it is better to stay away from trading, when you are losing money the most important thing is to hold, if you sell, you are confirming your losses, if you hold then when the price goes back to normal your investments will return to normal as well.

This is the primary and simple strategy of doing successful trading. If you really want to play safe in crypto trading; hold on to your precious coins when prices are going in the red zone area on the graphs. Never ever sell when bitcoins are losing value. Thats just for short time period. Soon the prices start pumping; you are going to feel really unfortunate for selling off coins.