Post
Topic
Board Trading Discussion
Re: What to do when the market is full of red
by
d1ceplayer
on 17/11/2017, 17:50:43 UTC
I often lose my temper when altcoins drop sharply.
And in general, I sell altscoin at the bottom
Keep holding, you should set a target that you want to achieve when you bought the coin, and a reasonable target based on the research that you've done not some moon target. If you have a target then you'll stick to it because you know that coin will reach the target, you can also buy more to reduce the average cost of your coin if you really believe it will become a successful project. Also don't forget to set a stop limit incase something go wrong.

Lol for your kind, the best way would be to not peek at the market. Everyone would tell you to hold hold hold and that's basically the most logical.thing to do it such situations
The market is filled with a lot of emotions here and there, so I am not always surprise when people who are not cut out for such try as much as possible to just stay a bit away from the market. Sure, there should always be a target for every trade you are in which is how you can easily get out when it is going the wrong direction and also take profit without getting too greedy.