Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Indeed true. The loss is temporary and that is already a reason to be patient and hold. Waiting is essential whenever extreme volatility is being experienced in the market. Some people in the cryptoworld are completely losing profit due to lack of patience and being eaten by panic as what have you experienced. Holding will more likely to result into profit since recovery is always expected to happen.