Post
Topic
Board Speculation (Altcoins)
Re: how to manage losses?
by
TheGOLDskull
on 05/06/2018, 05:42:17 UTC
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

First of all, NEVER invest something you can't afford to lose - so no suicide thinking for you. Secondly, when you invest in a high risk asset like coins, first consider your investment as gone the moment you bought. This will relieve you of the stress. If you can't accept this thinking, you shouldn't be buying in the first place.

Next consider diversifying into 5 - 10 coins. So, no single hit to you.