Post
Topic
Board Speculation (Altcoins)
Re: Your reaction to recent pump and then dump
by
Fatunad
on 26/07/2018, 21:39:34 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?
It isnt a dump but rather just a normal price decrease because if we do talk or mention about dump then it do comes down for a deep percentage loss but well we do have different impressions about the price.
If you decide to make investment with crypto then you should brace yourself into the volatility and its always been part on this very speculative market because if price wont be volatile then no traders would be profitable.
I guess you wont make any complaint if you earn money out of your investment,right?.