Post
Topic
Board Trading Discussion
Re: question about trading on tokens with bounty
by
aervin11
on 11/11/2018, 04:53:55 UTC
I have a current situation, I bring some tokens with bounty to the stock exchange and try to scroll them several times, thereby increasing their number, in principle, it turns out, but my number in tokens increases, and the price of these tokens decreases, should I continue to do this? Firstly, I don’t want to stay with tokens that will not cost anything, secondly I’m afraid for example, the price has risen a little, I sell tokens so that I can buy them later at a lower price, but  that moment the price starts to grow rapidly.

So you are trying to say that you are increasing position of your current tokens but it ends up losing it's value. I could say that you are doing it right, you exactly is doing great because you are gaining and that is a successful trade. I suggest that you trade those bounty tokens on which you know well and is potentially bullish holding it, on that way, it is more profitable for you if the market would turn bullish. You could also try Dollar Cost Averaging (DCA) to get neutral when selling.