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?
In trading you need to have a strong heart. Don't give up on it even if it falls down so dip. Always think that it will back up. Wait for the right time since you already invested. Time is your comrade in fighting dumped. Always think that in a longer period of time it will bounce back at hit higher market cap.
Most of the time this is the perfect method, but this is not what a trader should do.
Think about it, you Are a trader, can you afford to wait 2 days or 1 week with your funds stuck inside until the token finally rises?
A good investor would do that, but not a good trader.