Post
Topic
Board Trading Discussion
Re: Don't love any Alt coins.
by
LSt56
on 15/12/2018, 20:31:37 UTC
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
Really, one of my bad experiences is that I have lost more than 60% of my funds when I invest in one coin (I will not mention it), even though we believe that the coin will have good potential at least we keep saving funds or buy other altcoins so the losses we get are not too big.