Post
Topic
Board Trading Discussion
Re: Big gains come with big losses
by
dunfida
on 08/05/2018, 13:23:52 UTC
Same with Bitcoin. Crypto has always bounced back and crossed previous price heights. When Bitcoin rose to over $4,000 straight after dipping below $2,000. When Bitcoin rose to $19,000 straight after dipping below $7,000
As what I've understand about big gains come with big loses is when we are buying a lot of token so we spend too much so that we can have a big profit if we will sell, but if we have no skills about trading and easily affected by the FUD then what will mostly happen we will sell our coins with already a lost.

Well it doesn't have to be like that all the time. Once you've gotten quite comfortable with the market's volatility and learn to simply dance with it, it's more on the gains. Of course there will still be losses but big profits will not always equate to a loss anymore
Yes and with that means having your own strategy of selling before any market goes down. You have to sell it when it pumps and when the market seems to begin its bearish or lower lows you can already sell and book your profits. A coin can be pump more its gains and its losses will be not in the level before it pumps it depends how much price it jumps off.
In short you should ride with the waves of this very volatile market because if you do make trades which do oppose on price swings then you will really end up on losing money.Just do the basic things buy low sell high but with a specific strategy and basis on each actions you would made then you would have the edge.You would need to risk to gain something which is normal.