I have been investing in cryptocurrency for 5 months . I am buying some icos and holding coins. I started with 5000 usd. And sometimes my balance went up to 30k and down to 12k . I feel very uncomfortable when my balance is dropped.
So i want to know is there any strategy to protect your balance before the dump?
Anyone can help please.
Thank you so much.
According to this moment I have no right strategy to overcome the losses when the coins we hold down. But if you invest in altcoin there is a signal when you have to sell or buy, now the price movement of altcoin and bitcoin is parallel or when the price of Bitcoin decreases then altcoin price goes down and when Bitcoin price goes up then altcoin price goes up.
an opportunity for you to take advantage of the moment.
So good luck and I hope you succeed !!
Remember !! Do not all in.