Post
Topic
Board Economics
Re: What will you do with the current market?
by
conected
on 08/12/2018, 12:45:34 UTC

Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?

For me, I think it would be better if buy more coins now that the value are low, buying coins will help the price to go up and you also have the chance to earn more profit, because you bought a coin in a low price and you can sell it in a much higher price, I think that is a good way to respond to this kind of market.

I think there is nothing you can do with the current market but to wait for it to recover, Today my coins and investments are still in low value, instead of selling it and suffer for a loss.
- If you say we can not do anything in the present market, that would not be an accurate thing because we are still able to continue to participate in trading, creating a source of income in this difficult time, but this option is only suitable for traders with sufficient experience and skills, with new traders and lack of knowledge, they should continue as you say, waiting for the market to recover. Selling and cutting losses at this time will not be a wise choice because the bottom is too deep, cutting loss only makes us accept a huge loss, instead of choosing that, we just need more patience and the chance to minimize losses will appear