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.
If a coin pumps really fast and non-stop then you should start to being scared and predicting it to dump afterwards.
Some trading and fx indicators are working well for coins. You check them and you can understand a dump will happen after it. Then you take your own precautions.