So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
If I encounter it I might sell loss, if some altcoin drops too fast instead of continuing to hold, I can sell the hole to reduce the loss.How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?
That's why i don't deal that much with the newer untested altcoins yet. You won't know if it's going to bounce back or not compared to trusted regulars like btc and etherium. I seldom end up in losses now because with these coins i'm trading with, all you need is patience.
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