Post
Topic
Board Speculation (Altcoins)
Re: Altcoin trading is very bad now.
by
tobs
on 24/10/2017, 19:37:41 UTC
when the Bitcoin price keeps going up what are you doing now? hold it or be traded with altcoin.
I'm stuck in a very difficult situation now. I suffered losses in some altcoins that I bought for a high price. some rumors say that prices will be rebound back next month.
However, I'm confused better to hold altcoin and sell it after the price recovers or sell all altcoin to get BCG?
someone please give me some advice  Cry Cry

You haven't suffered any losses. At least if you still have these coins in your wallet. Losses are made only when you sell your coins, especially during the panic and dumping stage. Prices come and go, wait a week and they will be twice as much as they are now, wait another week and they may be 10 times lower. It is chaotic, but rather predictable market. You need to follow the news and keep an eye on bitcoin situation, especially now with forks coming. Any new regulation regarding ICOs or cryptocurrencies in general may also influence market. If you do your research, you will know when to expect it low and how much to wait to see it high again. Use your brain and don't panic when price drops.