Quote from: btc-room101 on December 01, 2018, 12:47:32 AM

Quote from: Tnt1971 on November 30, 2018, 03:54:24 PM

Why not ...in dumping market how can I sell my Bitcoin, ethereum because when market was high rank then I bought bitcoin and ethereum but bearish market,how can I sell bitcoin. So only hold ...hold ...& Hold.

MORONITY is strong in this community,

Transactional trades in all human history have said "Cut your losses"

But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"

INSANE is the btc community.

Well it actually depends if your strategy is to invest then people will tell you to hold, why? BTC community knows that price swings are really insane in crypto currency, but they do know that in the long run it goes up. Now if you are a day trader then cut your losses by all means.

I remember an a video in you tube where Warren Buffet is being interviewed. I cant remember the exact numbers but I remember that Mr. Buffet has -60% on his stocks if you are wondering what is the stock it was Coca Cola now that stock is worth Millions. Why did he not cut his loss well because he just stick to his strategy.