Post
Topic
Board Bitcoin Discussion
Re: what's your stop loss
by
Astrohacker
on 04/07/2011, 22:20:31 UTC
if anybody is familiar with this basic investment concept. Now my question is what's your stop loss? You're holding BTCs because you either bought them or mined them. Either way, do you set any stop loss?

For me, I'll probably sell all my BTCs if the price goes below $10.

I think you have this backwards. You're supposed to buy when it's low, and sell when it's high.