Post
Topic
Board Speculation
Re: What's going on with the dump?
by
Lucius
on 22/02/2018, 14:58:48 UTC
MrBigHang, I bought in about $8800. It is a bit worrying. I'm not sure if i should be putting in a sell just before it hits that or not. I wouldn't want caught in a trap and sell, then a second later it reverses.

Do you buy for long term or you have something else in plan?If you are buy for long term than you have option to hold and do nothing,price will go up like always-or you can sell and wait to price drop and then buy back.If you're scared for your investment just put sell order at 8800$ or above,if price go to that level you will have your money back.

It is normal for such things to happen,rise from 6000$ to almost 12 000$ obviously needs correction.There is more sellers then buyers,an eternal game of supply&demand.