Post
Topic
Board Speculation (Altcoins)
Re: Your reaction to recent pump and then dump
by
okala
on 24/07/2018, 07:33:41 UTC
This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?
You have not lost $43 except you sell!  The future is very bright and before end of this year ethereum will be above $1,000. You patience is highly required in orther for you to be able to succeed in trading.  The best thing to do now if you have risked capital is to keep buying the altcoins at the current cheap price.