Post
Topic
Board Trading Discussion
Re: Always keep fiat while holding
by
isaac_clarke22
on 27/08/2018, 06:34:36 UTC
It is just simply waiting for the market to react according to your need before you make something happen. Buy at low and sell at high. There is no more explanation for that matter. Kinda agree with the guy that said in here that 99% of altcoins since most of them dries out after it reaches the exchanges overnight. It is just gonna be like a cactus in the middle of a desert that dies out after its water gets extracted out.
That's a common rookie mistake. Altcoins in 99% of the cases don't serve a purpose at all, and that definitely applies to BTX. When buying these coins you should expect them to lose +90% of their value.

In other words, never blatantly assume that an altcoin won't go down further just because you think it's already low, because it can and likely will go down far lower. BTXs fundamental value is close to zero in my opinion.

These coins are meant to be used as a quick-flip, and not to hodl for a long period of time.