Post
Topic
Board Trading Discussion
Re: Loss almost 40%, should stop trading or not ?
by
Bhinodm
on 24/07/2017, 12:15:05 UTC
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?


Never forget the basic rule of trading i.e. Buy LOW Sell HIGH. If you are running in losses then in order to compensate them, you can either purchase the same coin at low prices or try to compensate it with investment in other Altcoins which can probably grow exponentially. You can also look forward to investing in an ICO.