Post
Topic
Board Trading Discussion
Re: what if faced with such a situation and what your backup plan is
by
ladydark
on 04/03/2018, 22:45:42 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.
Actually those who are in the trading field for a long term would be investing in coins after an analysis and so they usually prefer to hold their coins until market retains.Well it depends upon the coin which we invest whether to hold or sell during price dips.If it seems that we have invested in a coin not seem to have potential of retaining back,then it would be better to sell it and minimise the losses.