Post
Topic
Board Trading Discussion
Re: what if faced with such a situation and what your backup plan is
by
syaripudin
on 05/03/2018, 05:21:34 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.
this is an important and must-have trader faced in such situations and of course a trader must have the intelligence to achieve the best profit in the crypto market and if you can see it is actually a distinct advantage for small medium traders. Because of such situations the price is very predictable. and one strategy you have to do is put the network at a low purchase price and the selling price is slightly above the purchase price then the profit will be good and you can do it continuously every hour.