Post
Topic
Board Altcoin Discussion
Re: planning for down market
by
quang99
on 24/07/2018, 11:55:45 UTC
when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd.
i would like to know from all of you about your planning/ strategy.
If the market is down, the best thing for you to do ia to hold your coins so.that youc an gain a lot of profit when you sell it when the market recovers.
I think it is appropriate if you buy a coin when the price drops,
for example you buy bitcoin at 6000 $ and now become 7000 $ you already get profit 1000 $
The bitcoin has already grown to 8,113 and I think it will go further up, but it's hard to say about the altcoyns, they did not follow it, so when they start growing it's hard to say. Therefore, the strategy to buy bitcoin for 6000$ still justifies itself.