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?
I think your strategy of buying eth right at the moment of its pumping stage is not good because what happens usually after pump is dump. It's not yet considered a loss for you not until you sell it below the price at which you bought.