Post
Topic
Board Trading Discussion
Re: How do you deal with loss?
by
syamster
on 15/04/2018, 19:56:42 UTC
So in trading how do you deal with loss? For example you've invested in an alt and now it has fallen quite hard and you're on the brink of losing all your bitcoin you invested in it.
How do you actually deal with it? Do you wait and keep on waiting in hope that it will bounce back up and return your investment or you sell and get whatever left of your investment?

Well if the altcoins we are holding was dump it's value, the best thing to do with it is wait and to trust the altcoins we are holding, and if we want to deal with our loss in trading we should not sell our altcoins with a lower price because it may result very huge loss for us so my advice is hold.
Do not sell if the price is low; just wait for the high price and sell that time will be in profit while selling at low price is not the right decision because you will face with loss. So why are you selling at low price rather selling at high price? You will must see loss if you are selling at low price. Avoid selling at low price or do not invest if you have no knowledge. Getting knowledge is necessary for investment that is what Harvard University is doing; they introduced a crypto course.