Post
Topic
Board Trading Discussion
Re: what if faced with such a situation and what your backup plan is
by
rodalutor
on 04/03/2018, 17:21:48 UTC
whether you have a backup plan if you are involved in trade issues, such as significant price reductions or down too far, and there are two options that exist in your view between holding or selling them, each having different risks, holding back and expecting prices to back to normal but I think it will take a long time or sell it and accept the loss and then buy it back with the sales you have generated.
maybe you some better advice you can give me.
i appreciate everyone's opinion.

If you are sensible and only invest an amount you can afford to lose then your real life circumstances shouldn't be greatly influenced by this decision which makes it much easier.

If you expect that the price will drop further then sell your coins and try to buy back later.

If you think the bottom is close and they'll recover soon then hold on to them. It's really quite simple.