Quote from: Crypto Girl on August 29, 2018, 09:09:50 AM

Quote from: Cryptosuperb on August 26, 2018, 07:47:50 PM

I holded some fiat and tether, and I saw bottom few times and I buy, and price goes lower, and I buy again and it goes down again, with btc crash wasn't hard, but altcoins were bloodbath! I remember how I was smart buying BTX at 11$, I thought it cant go lower Cheesy

I wonder how much you've loss now in btx with its current price of $1.24, so basically you loss over ×10. And yeah it dump harder from what you've think.

OP is just waking us for holding too much altcoin because in reality it's unwise to hold it because its losing their value along the way. Maybe for some they need more eye opener to realize what they're holding in their bag. Though cut lose is sometimes unacceptable but if you see that it's hopelss then maybe it's time.

There is a limit of loss someone would have reached before they will ever be able to cut loss.
Normally, those who always end up entering a market position without any stop loss, are those who never had any strategy in the first place, and thought they are buying at a very low price that could not go lower, rather than allowing the market to develop perfectly well, view the price action and make decision on that with a stop loss still intact as that still cannot just give a guarantee that the market will dance to your tune 100%. However, only those with trading knowledge can do all these.