Post
Topic
Board Trading Discussion
Re: Learnings from crash
by
StarLawl
on 08/02/2018, 19:38:00 UTC
I agree with most of you regarding lessons learned from this weeks Bitcoin Crash.
To sum it up:

1.Have a fund with fiat ready to use for these extremely nice sale periods.
2. If you was not able to sell prior to the dip, just hold on tight. I am very glad I never panic sold anything. I would have felt terrible selling at ATL.
3.It is OK to move between alt coins at the "bottom" if you can time it and feel you placed your bet on the wrong horse.
4.Never keep everything in alt coins - always have some btc or eth depending on where you trade.
5. Bitcoin is the mother - you should always strive to get more bitcoin(satoshi).
6. Dont trust the media
7. Bitcoin always corrects - it will never go to zero.